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Weakness Seen in Santander Consumer (SC): Stock Falls 8.6%
June 12, 2014

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Santander Consumer USA Holdings Inc. (SC - Free Report) 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. which holds a Zacks Rank #2 (Buy).
Investors interested in the Finance sector may consider better-ranked stocks like AmTrust Financial Services, Inc. (AFSI - Free Report) and Anchor Bancorp . Both the stocks carry a Zacks Rank #1 (Strong Buy).

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