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How to buy Credit Acceptance Corporation stock in Canada | $447.46
Own Credit Acceptance Corporation shares in just a few minutes.
Credit Acceptance Corporation is a credit services business based in the US. Credit Acceptance Corporation stocks (CACC.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $438.56 – an increase of 1.85% over the previous week. Credit Acceptance Corporation employs 2,033 staff and has a trailing 12-month revenue of around $1.3 billion.
How to buy Credit Acceptance Corporation stock in Canada
- Choose a platform. If you're a beginner, our stock trading table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: CACC in this case.
- Research Credit Acceptance Corporation stocks. The platform should provide the latest information available.
- Buy your Credit Acceptance Corporation stocks. It's that simple.
What's in this guide?
- Can I buy shares in Credit Acceptance Corporation?
- Has coronavirus impacted Credit Acceptance Corporation shares?
- Credit Acceptance Corporation shares summary
- Compare share dealing platforms
- Is Credit Acceptance Corporation stock a buy or sell?
- Credit Acceptance Corporation performance over time
- Can I short Credit Acceptance Corporation shares?
- Are Credit Acceptance Corporation shares over-valued?
- Credit Acceptance Corporation's financials
- How volatile are Credit Acceptance Corporation shares?
- Does Credit Acceptance Corporation pay a dividend?
- Have Credit Acceptance Corporation shares ever split?
- Other common questions
How has Coronavirus impacted Credit Acceptance Corporation's stock price?
Since the stock market crash in March caused by coronavirus, Credit Acceptance Corporation's stock price has had significant positive movement.
Its last market close was $447.46, which is 2.87% up on its pre-crash value of $434.6 and 124.85% up on the lowest point reached during the March crash when the stocks fell as low as $199.0001.
If you had bought $1,000 worth of Credit Acceptance Corporation stocks at the start of February 2020, those stocks would have been worth $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 $1,029.16.
Credit Acceptance Corporation stock priceUse our graph to track the performance of CACC stocks over time.
Credit Acceptance Corporation stocks at a glance
|Latest market close||$447.46|
|52-week range||$266.7401 - $539|
|50-day moving average||$437.5183|
|200-day moving average||$393.3714|
|Wall St. target price||$370.67|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$40.019|
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Note: The dollar amounts in the table below are in Canadian dollars.
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.
Credit Acceptance Corporation price performance over time
|1 month (2021-06-25)||-0.56%|
|3 months (2021-04-26)||16.90%|
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 12x. In other words, Credit Acceptance Corporation stocks trade at around 12x 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 stocks 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 stocks offer better value, while a higher ratio can be interpreted as meaning the stocks 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 stock prices of multiple high-growth companies.
Credit Acceptance Corporation financials
|Revenue TTM||USD$1.3 billion|
|Operating margin TTM||70%|
|Gross profit TTM||USD$882.5 million|
|Return on assets TTM||9.45%|
|Return on equity TTM||32.61%|
|Market capitalisation||USD$7.8 billion|
TTM: trailing 12 months
How to short and sell Credit Acceptance Corporation stocks
- Create a CFD or spread betting account.
- Search for the stock code. E.g. "CACC.US"
- Choose your position size.
- Select "sell" rather than "buy".
- Confirm your position and keep tabs on it. You may wish to set limits on your position.
There are currently 2.0 million Credit Acceptance Corporation stocks held short by investors – that's known as Credit Acceptance Corporation's "short interest". This figure is 5.8% up from 1.9 million last month.
There are a few different ways that this level of interest in shorting Credit Acceptance Corporation stocks 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 stocks currently shorted divided by the average quantity of Credit Acceptance Corporation stocks traded daily (recently around 127977.70056854). Credit Acceptance Corporation's SIR currently stands at 15.83. In other words for every 100,000 Credit Acceptance Corporation stocks traded daily on the market, roughly 15830 stocks are currently held short.
However Credit Acceptance Corporation's short interest can also be evaluated against the total number of Credit Acceptance Corporation stocks, or, against the total number of tradable Credit Acceptance Corporation stocks (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 stocks (for every 100,000 Credit Acceptance Corporation stocks in existence, roughly 120 stocks are currently held short) or 0.2379% of the tradable stocks (for every 100,000 tradable Credit Acceptance Corporation stocks, roughly 238 stocks are currently held short).
A SIR above 10% would generally be considered pretty high, pointing to a potentially pessimistic outlook for the stock price and a discouraging interest in betting against Credit Acceptance Corporation.
Find out more about how you can short Credit Acceptance Corporation stock.
Credit Acceptance Corporation stock dividends
We're not expecting Credit Acceptance Corporation to pay a dividend over the next 12 months. However, you can browse other dividend-paying stocks in our guide.
Have Credit Acceptance Corporation stocks ever split?
Credit Acceptance Corporation stocks 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 stocks – just the quantity. However, indirectly, the new 50% lower stock price could have impacted the market appetite for Credit Acceptance Corporation stocks which in turn could have impacted Credit Acceptance Corporation's stock price.
Credit Acceptance Corporation stock price volatility
Over the last 12 months, Credit Acceptance Corporation's stocks have ranged in value from as little as $266.7401 up to $539. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a stocks volatility in relation to the market. The market (NASDAQ average) beta is 1, while Credit Acceptance Corporation's is 1.2018. This would suggest that Credit Acceptance Corporation's stocks 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.
Stocks similar to Credit Acceptance Corporation
Credit Acceptance Corporation in the news
Credit Acceptance (NASDAQ:CACC) Shareholders Have Enjoyed An Impressive 164% Share Price Gain
Credit Acceptance Announces Timing of Second Quarter 2021 Earnings Release and Webcast
Credit Acceptance (CACC) to Report Q2 Results: Wall Street Expects Earnings Growth
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