$46.26
0.65 (+1.43%)
Portfolio Recovery Associates, Inc. (PRAA)
CAPS Rating:
A full-service provider of outsourced receivables management and related services. The Company's primary business is the purchase, collection and management of portfolios of defaulted consumer receivables.
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Fool UK
Recs
Solid results for a tough quarter and margin/productivity pressure. FV north of $50. A lot of bad news and worry is priced into the stock, and i think collections per hour will pick up after the recession. I was worried collections would fall off a cliff in Q4 2008 so i didn't invest till now...