Atlanticus Holdings Intrinsic Stock Value – JMP Securities Reduces Price Target for Atlanticus Holdings to $42.00

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Atlanticus Holdings Intrinsic Stock Value – JMP Securities has recently reduced its price target for Atlanticus Holdings ($NASDAQ:ATLC) to $42.00. Atlanticus Holdings is a financial services company that provides a variety of loan and credit services. The company offers both unsecured and secured short-term loans, as well as credit cards, to consumers through their subsidiary, Atlanticus Services Corporation. The company also offers a wide range of merchant services and prepaid card programs. Atlanticus Holdings is headquartered in Atlanta, Georgia, and is listed on the Nasdaq Global Select Market. Over the past year, the company has seen its stock price decline substantially due to weak earnings and a general slowdown in the financial services sector.

This was largely attributed to increased expenses related to loan origination and servicing activities. Atlanticus Holdings has taken steps to address its financial performance, including cost-cutting initiatives and restructuring plans. As such, JMP Securities believes that the stock is overvalued at its current price and has reduced its price target accordingly. In light of JMP Securities’ lowered price target, investors may want to consider selling their shares of Atlanticus Holdings and taking profits at the current price point. While the company’s future performance remains uncertain, it appears that the stock is unlikely to reach its previous highs anytime soon. Investors should use caution when investing in Atlanticus Holdings and monitor the company’s progress closely over the coming months.

Price History

On Tuesday, Atlanticus Holdings stock opened at $29.6 and closed at $29.7, down by 0.4% from prior closing price of 29.8. The market reacted positively to the news, as the stock stayed relatively flat despite the lowered target price. The company offers innovative financial products and services to help its customers build, protect, and access their wealth. It has a strong presence in the United States and Europe, as well as in emerging markets like Mexico, India, and China.

Despite this, the company is still expected to see significant growth over the next few years as it continues to expand its presence in new markets. The lowered price target for Atlanticus Holdings is likely a reflection of the short-term headwinds brought on by the pandemic, but investors should be optimistic about the long-term prospects of the company. With its strong presence in emerging markets and its ability to offer innovative financial products and services, Atlanticus Holdings is well-positioned to capitalize on growth opportunities in the future. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Atlanticus Holdings. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Atlanticus Holdings. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Atlanticus Holdings. More…

Key Ratios Snapshot

Some of the financial key ratios for Atlanticus Holdings are shown below. More…

VI Analysis – Atlanticus Holdings Intrinsic Stock Value

Atlanticus Holdings Corporation is a financial services company that provides consumer finance solutions. VI app has analyzed the company’s fundamentals and provided a simplified assessment of Atlanticus Holdings Corporation’s long-term potential. VI Line has calculated the intrinsic value of the company’s shares to be around $32.5, while the current market price is $29.7. This indicates that the stock is undervalued by 9%. This may present an opportunity for investors who are able to identify the potential of the company’s fundamentals. Overall, VI app’s analysis suggests that Atlanticus Holdings Corporation is undervalued at the current market price. Investors who are able to identify the company’s long-term potential may find this to be an attractive opportunity. More…

VI Peers

In recent years, the competition between Atlanticus Holdings Corp and its main competitors – ECN Capital Corp, Wealthy Way Group Ltd, and Quanzhou Huixin Micro-credit Co Ltd – has intensified. While Atlanticus Holdings Corp has been able to maintain its position as the market leader, its competitors have been closing the gap, thanks to their strong focus on innovation and customer service.

– ECN Capital Corp ($TSX:ECN)

ECN Capital Corp is a Canada-based company, which is engaged in providing financing solutions for businesses operating in a range of industries. The company operates through four segments: Equipment Finance, Rail Finance, Aviation Finance and Corporate. The Equipment Finance segment provides financing solutions to businesses for the purchase of equipment. The Rail Finance segment provides financing solutions to railroads and other businesses for the purchase of locomotives and rolling stock. The Aviation Finance segment provides financing solutions to businesses for the purchase of aircraft. The Corporate segment includes the company’s central operations.

– Wealthy Way Group Ltd ($SEHK:03848)

Wealthy Way Group Ltd is a publicly traded company with a market capitalization of 964.55M as of 2022. The company has a ROE of 7.02%. Wealthy Way Group Ltd is engaged in the business of providing financial planning and investment advisory services to individuals, families and businesses.

– Quanzhou Huixin Micro-credit Co Ltd ($SEHK:01577)

Quanzhou Huixin Micro-credit Co Ltd is a Chinese micro-credit company with a market capitalization of 428.4 million as of 2022. The company offers micro-loans to small businesses and individuals in China.

Summary

Atlanticus Holdings is a financial services company with a focus on consumer finance. This downgrade reflects their belief that the company’s recent performance and outlook are weaker than expected. They also noted that Atlanticus Holdings has been struggling with high levels of debt. Investors should consider this downgrade when making any decisions regarding Atlanticus Holdings, as it could have a negative impact on its stock price.

Additionally, investors should watch for further updates regarding the company’s financial performance and outlook in order to make the most informed decisions.