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Last $38.90 USD
Change Today +0.01 / 0.03%
Volume 326.1K
ASPS On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

altisource portfolio sol (ASPS) Snapshot

Open
$38.68
Previous Close
$38.89
Day High
$39.41
Day Low
$37.87
52 Week High
07/31/14 - $117.49
52 Week Low
03/19/15 - $12.28
Market Cap
728.8M
Average Volume 10 Days
560.4K
EPS TTM
$4.11
Shares Outstanding
18.7M
EX-Date
--
P/E TM
9.5x
Dividend
--
Dividend Yield
--
Current Stock Chart for ALTISOURCE PORTFOLIO SOL (ASPS)

altisource portfolio sol (ASPS) Related Businessweek News

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altisource portfolio sol (ASPS) Details

Altisource Portfolio Solutions S.A. operates as a marketplace and transaction solutions provider for the real estate, mortgage, and consumer debt industries in the United States. Its Mortgage Services segment offers services that span the mortgage and real estate lifecycle outsourced by loan servicers, loan originators, investors, and other sellers of single family homes. This segment provides asset management services; insurance services; residential property valuation; origination management services; and default management services. The company’s Financial Services segment offers collection and customer relationship management services. This segment provides asset recovery management services, such as post-charge-off consumer debt collection; and customer care and early stage collections, insurance call center, and administrative support services. Its Technology Services segment offers REALSuite of software products consisting of REALServicing, an enterprise residential mortgage loan servicing product; REALResolution, a technology platform that provides servicers with an automated default management and home retention solution; REALTrans, an electronic business-to-business exchange; REALRemit, an electronic invoicing and payment system; REALDoc, an automated document management platform; REALAnalytics, a software platform that incorporates econometric models and behavioral economics to assist servicers in various aspects of servicing; and Equator’s Solutions platforms that are used separately or together as an end-to-end solution, as well as information technology infrastructure services. The company serves sub-prime servicers, utility companies, commercial banks, servicers, mortgage bankers, investors, financial service companies, and hedge funds, as well as a government-sponsored enterprise. Altisource Portfolio Solutions S.A. was incorporated in 1999 and is headquartered in Luxembourg.

9,313 Employees
Last Reported Date: 03/2/15
Founded in 1999

altisource portfolio sol (ASPS) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $685.6K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $364.9K
President of Mortgage Services
Total Annual Compensation: $365.5K
President of Technology Services
Total Annual Compensation: $326.5K
Chief Administration Officer, General Counsel...
Total Annual Compensation: $444.0K
Compensation as of Fiscal Year 2014.

altisource portfolio sol (ASPS) Key Developments

Altisource Portfolio Solutions S.A. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Cash Flow Guidance for 2015 and Earnings Guidance for 2016

Altisource Portfolio Solutions S.A. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, total service revenue was $236.595 million against $263.165 million a year ago. Total revenue was $268.321 million against $296.072 million a year ago. Income from operations was $56.187 million against $63.052 million a year ago. Income before income taxes and non-controlling interests was $51.244 million against $58.225 million a year ago. Net income attributable to the company was $45.950 million or $2.22 per diluted share against $54.101 million or $2.24 per diluted share a year ago. Adjusted net income attributable to the company was $54.165 million or $2.62 per diluted share against $63.602 million or $2.63 per diluted share a year ago. During the quarter, the company achieved pro forma adjusted net income of $45.7 million and largely completed the execution of cost-reduction initiatives, driving the return to historically higher gross profit and operating income margins. From a cash perspective, the company generated $70.7 million of cash from operations in the second quarter, representing 30% of service revenue. Operating cash flow improved from the -- over the first quarter from substantially higher net income and collections of accounts receivable. For the six months, total service revenue was $444.411 million against $473.124 million a year ago. Total revenue was $508.803 million against $535.341 million a year ago. Income from operations was $71.437 million against $110.982 million a year ago. Income before income taxes and non-controlling interests was $56.052 million against $101.426 million a year ago. Net income attributable to the company was $49.648 million or $2.38 per diluted share against $93.732 million or $3.84 per diluted share a year ago. Net cash provided by operating activities was $54.807 million against $111.527 million a year ago. Additions to premises and equipment was $21.421 million against $30.522 million a year ago. Adjusted net income attributable to the company was $65.995 million or $3.17 per diluted share against $112.041 million or $4.59 per diluted share a year ago. As a capital light services business, the company expects to generate significant cash from operations in 2015. While still preliminary, the company also believes that its 2016 adjusted pretax income will be the same as or stronger than the midpoint of 2015 scenarios.

Altisource Portfolio Solutions S.A. to Report Q2, 2015 Results on Jul 23, 2015

Altisource Portfolio Solutions S.A. announced that they will report Q2, 2015 results at 11:00 AM, Eastern Daylight on Jul 23, 2015

Altisource Portfolio Solutions S.A., Q2 2015 Earnings Call, Jul 23, 2015

Altisource Portfolio Solutions S.A., Q2 2015 Earnings Call, Jul 23, 2015

 

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ASPS

Industry Average

Valuation ASPS Industry Range
Price/Earnings 9.4x
Price/Sales 0.7x
Price/Book 15.3x
Price/Cash Flow 5.4x
TEV/Sales 0.0x
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