Zacks Rating on Altisource Portfolio Solutions S.A. (ASPS)

Altisource Portfolio Solutions S.A. (ASPS) : Zacks Investment Research ranks Altisource Portfolio Solutions S.A. (ASPS) as 3, which is a Hold recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. The average broker rating of 3 research analysts is 2.33, which indicates as a Buy.

Altisource Portfolio Solutions S.A. (ASPS) : 3 investment research analysts covering Altisource Portfolio Solutions S.A. (ASPS) have an average price target of $28.67 for the near short term. The highest target price given by the Brokerage Firm to the stock is $42 and the lowest target is $13 for the short term. Analysts expect the variance to be within $14.64 of the average price.


Shares of Altisource Portfolio Solutions S.A. rose by 4.91% in the last five trading days and 34.76% for the last 4 weeks. Altisource Portfolio Solutions S.A. is up 22.5% in the last 3-month period. Year-to-Date the stock performance stands at 17.66%. Altisource Portfolio Solutions S.A. (NASDAQ:ASPS): stock turned positive on Tuesday. Though the stock opened at $31.36, the bulls momentum made the stock top out at $32.87 level for the day. The stock recorded a low of $31.36 and closed the trading day at $32.72, in the green by 4.34%. The total traded volume for the day was 411,449. The stock had closed at $31.36 in the previous days trading.

Altisource Portfolio Solutions S.A. is a provider of marketplace and transaction solutions for the real estate, mortgage and consumer debt industries offering both distribution and content. The Company operates in three segments: Mortgage Services, Financial Services and Technology Services. The Companys Mortgage Services segment provides services that span the mortgage and real estate lifecycle, and are outsourced by loan servicers, loan originators, investors and other sellers of single family homes. The Financial Services segment provides collection and customer relationship management services to debt originators and servicers, and the utility, insurance and hotel industries. The Companys Technology Services consists of REALSuite of software applications, Equator, LLC (Equator) software applications, Mortgage Builder software applications and its information technology (IT) infrastructure management services.

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