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How to buy Credit Acceptance Corporation stock
Own Credit Acceptance Corporation stock in just a few minutes.
Credit Acceptance Corporation is a credit services business based in the US. Credit Acceptance Corporation shares (CACC) are listed on the NASDAQ and all prices are listed in US Dollars. Credit Acceptance Corporation employs 2,033 staff and has a trailing 12-month revenue of around USD$920.4 million.
How to buy shares in Credit Acceptance Corporation
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
- Search for Credit Acceptance Corporation. Find the stock by name or ticker symbol: CACC. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Credit Acceptance Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Credit Acceptance Corporation, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Credit Acceptance Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- CACC shares summary
- Compare share dealing platforms
- Is CACC stock a buy or sell?
- Stock performance over time
- Can I short CACC shares?
- Are CACC shares over-valued?
- Credit Acceptance Corporation's financials
- How volatile are CACC shares?
- Does Credit Acceptance Corporation pay a dividend?
- Have CACC shares ever split?
- Other common questions
Credit Acceptance Corporation share price
Use our graph to track the performance of CACC stocks over time.Credit Acceptance Corporation shares at a glance
Information last updated 2021-03-03.
| 52-week range | USD$199.0001 - USD$539 |
|---|---|
| 50-day moving average | USD$355.9406 |
| 200-day moving average | USD$346.845 |
| Wall St. target price | USD$309.67 |
| PE ratio | 16.095 |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | USD$23.47 |
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Credit Acceptance Corporation stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Is Credit Acceptance Corporation under- or over-valued?
Valuing Credit Acceptance Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Credit Acceptance Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Credit Acceptance Corporation's P/E ratio
Credit Acceptance Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 16x. In other words, Credit Acceptance Corporation shares trade at around 16x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Credit Acceptance Corporation's PEG ratio
Credit Acceptance Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.154. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Credit Acceptance Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Credit Acceptance Corporation financials
| Revenue TTM | USD$920.4 million |
|---|---|
| Operating margin TTM | 60.51% |
| Gross profit TTM | USD$882.5 million |
| Return on assets TTM | 5.65% |
| Return on equity TTM | 18.08% |
| Profit margin | 45.74% |
| Book value | $132.462 |
| Market capitalisation | USD$6.4 billion |
TTM: trailing 12 months
Shorting Credit Acceptance Corporation shares
There are currently 1.8 million Credit Acceptance Corporation shares held short by investors – that's known as Credit Acceptance Corporation's "short interest". This figure is 1.9% down from 1.8 million last month.
There are a few different ways that this level of interest in shorting Credit Acceptance Corporation shares can be evaluated.
Credit Acceptance Corporation's "short interest ratio" (SIR)
Credit Acceptance Corporation's "short interest ratio" (SIR) is the quantity of Credit Acceptance Corporation shares currently shorted divided by the average quantity of Credit Acceptance Corporation shares traded daily (recently around 228036.56050955). Credit Acceptance Corporation's SIR currently stands at 7.85. In other words for every 100,000 Credit Acceptance Corporation shares traded daily on the market, roughly 7850 shares are currently held short.
However Credit Acceptance Corporation's short interest can also be evaluated against the total number of Credit Acceptance Corporation shares, or, against the total number of tradable Credit Acceptance Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Credit Acceptance Corporation's short interest could be expressed as 0.11% of the outstanding shares (for every 100,000 Credit Acceptance Corporation shares in existence, roughly 110 shares are currently held short) or 0.2502% of the tradable shares (for every 100,000 tradable Credit Acceptance Corporation shares, roughly 250 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Credit Acceptance Corporation.
Find out more about how you can short Credit Acceptance Corporation stock.
Credit Acceptance Corporation share dividends
We're not expecting Credit Acceptance Corporation to pay a dividend over the next 12 months.
Have Credit Acceptance Corporation's shares ever split?
Credit Acceptance Corporation's shares were split on a 2:1 basis on 21 December 1994. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Credit Acceptance Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Credit Acceptance Corporation shares which in turn could have impacted Credit Acceptance Corporation's share price.
Credit Acceptance Corporation share price volatility
Over the last 12 months, Credit Acceptance Corporation's shares have ranged in value from as little as $199.0001 up to $539. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Credit Acceptance Corporation's is 1.1441. This would suggest that Credit Acceptance Corporation's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Credit Acceptance Corporation overview
Credit Acceptance Corporation provides financing programs, and related products and services to independent and franchised automobile dealers in the United States. The company advances money to dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps various amounts collected from the consumers. It is also involved in the business of reinsuring coverage under vehicle service contracts sold to consumers by dealers on vehicles financed by the company. Credit Acceptance Corporation was founded in 1972 and is headquartered in Southfield, Michigan.
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