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NEW YORK (TheStreet) -- RBC Capital Markets lowered its price target on SantanderConsumerUSA  (SC) - Get Santander Consumer USA Holdings, Inc. Report  stock to $21 from $25 on Friday. 

The vehicle finance company reported 2015 third quarter earnings of 66 cents per share, beating RBC analysts' estimates of 50 cents per share. 

A change in the company's loss provisioning approach, a loan transfer loss, and several "non-recurring" items contributed to this earnings beat, RBC said. Confusion dominated this quarter's results, the firm noted.  

The firm maintained its "sector perform" rating on the stock.

"SC's business is highly sensitive to credit and macro, with only relatively minor swings in charge-offs/loss provisioning resulting in sizable earnings impact and unpredictable earnings performance," RBC said. 

Shares of Santander Consumer were down by 4.56% to $18 in late afternoon trading on Friday. 

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TheStreet Recommends

Separately, TheStreet Ratings team rates SANTANDER CONSUMER USA HLDGS as a Sell with a ratings score of E+. TheStreet Ratings Team has this to say about their recommendation:

We rate SANTANDER CONSUMER USA HLDGS (SC) a SELL. This is based on the dominance of unfavorable investment measures, which should drive this stock to significantly underperform the majority of stocks that we rate. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk and weak operating cash flow.

You can view the full analysis from the report here: SC

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