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Weakness Seen in Santander Consumer (SC): Stock Falls 8.6% - Tale of the Tape

Santander Consumer USA Holdings Inc. ( SC ) saw a big move last session, as the company's shares fell by nearly 9 % on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as SC is now trading below the volatile price range of $19.7 to $21.8 in the past one-month time frame.

This slump shouldn't be too much of a surprise to investors, as the Financial Loans provider has seen 3 negative revisions in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

SC currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked stocks in the Financial Loans industry include Cash America International, Inc. ( CSH ) which holds a Zacks Rank #2 (Buy).

Investors interested in the Finance sector may consider better-ranked stocks like AmTrust Financial Services, Inc. ( AFSI ) and Anchor Bancorp ( ANCB ). Both the stocks carry a Zacks Rank #1 (Strong Buy).

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

SANTANDER CNSMR (SC): Free Stock Analysis Report

ANCHOR BANCORP (ANCB): Get Free Report

AMTRUST FIN SVC (AFSI): Free Stock Analysis Report

CASH AM INTL (CSH): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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