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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
+$1.08 (+0.23%)

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

  1. Choose a platform. If you're a beginner, our stock trading table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: CACC in this case.
  5. Research Credit Acceptance Corporation stocks. The platform should provide the latest information available.
  6. Buy your Credit Acceptance Corporation stocks. It's that simple.

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 price

Use our graph to track the performance of CACC stocks over time.

Credit Acceptance Corporation stocks at a glance

Information last updated 2021-07-23.
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
PE ratio 11.8904
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.

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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

Historical closes compared with the last close of $447.46

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%
Profit margin 53.4%
Book value $139.397
Market capitalisation USD$7.8 billion

TTM: trailing 12 months

How to short and sell Credit Acceptance Corporation stocks

  1. Create a CFD or spread betting account.
  2. Search for the stock code. E.g. "CACC.US"
  3. Choose your position size.
  4. Select "sell" rather than "buy".
  5. 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".

CACC.US volatility(beta: 1.2)Avg. volatility(beta: 1.00)LowHigh

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.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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