By market close, shares were up 3.3% to $7.24.
The specialty finance company reported first-quarter net income of 21 cents a share, 2 cents higher than analysts surveyed by Thomson Reuters anticipated.
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TheStreet Ratings team rates CONSUMER PORTFOLIO SVCS INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
"We rate CONSUMER PORTFOLIO SVCS INC (CPSS) a HOLD. The primary factors that have impacted our rating are mixed -- some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and poor profit margins."
- You can view the full analysis from the report here: CPSS Ratings Report