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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 2,016 staff and has a trailing 12-month revenue of around USD$817.9 million.
Since the stock market crash in March caused by coronavirus, Credit Acceptance Corporation's share price has had significant negative movement.
Its last market close was USD$315.76, which is 27.34% down on its pre-crash value of USD$434.6 and 58.67% up on the lowest point reached during the March crash when the shares fell as low as USD$199.0001.
If you had bought USD$1,000 worth of Credit Acceptance Corporation shares at the start of February 2020, those shares would have been worth USD$539.01 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$726.25.
|Latest market close||USD$315.76|
|52-week range||USD$199.0001 - USD$539|
|50-day moving average||USD$342.0212|
|200-day moving average||USD$382.3965|
|Wall St. target price||USD$305.17|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$18.361|
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.
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.
|1 week (2020-11-17)||0.50%|
|1 month (2020-10-27)||-2.72%|
|3 months (2020-08-25)||-32.82%|
|6 months (2020-05-23)||N/A|
|1 year (2019-11-25)||-26.63%|
|2 years (2018-11-23)||-21.50%|
|3 years (2017-11-24)||9.46%|
|5 years (2015-11-25)||55.39%|
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 20x. In other words, Credit Acceptance Corporation shares trade at around 20x 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 "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.
|Revenue TTM||USD$817.9 million|
|Operating margin TTM||56.06%|
|Gross profit TTM||USD$1.2 billion|
|Return on assets TTM||4.77%|
|Return on equity TTM||15.88%|
|Market capitalisation||USD$5.9 billion|
TTM: trailing 12 months
There are currently 2.1 million Credit Acceptance Corporation shares held short by investors – that's known as Credit Acceptance Corporation's "short interest". This figure is 2.5% down from 2.2 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) is the quantity of Credit Acceptance Corporation shares currently shorted divided by the average quantity of Credit Acceptance Corporation shares traded daily (recently around 251289.74056604). Credit Acceptance Corporation's SIR currently stands at 8.48. In other words for every 100,000 Credit Acceptance Corporation shares traded daily on the market, roughly 8480 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 0.12% of the outstanding shares (for every 100,000 Credit Acceptance Corporation shares in existence, roughly 120 shares are currently held short) or 0.2669% of the tradable shares (for every 100,000 tradable Credit Acceptance Corporation shares, roughly 267 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.
We're not expecting Credit Acceptance Corporation to pay a dividend over the next 12 months.
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.
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 1.1484. 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 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. The company was founded in 1972 and is headquartered in Southfield, Michigan.
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