Credit Acceptance Corporation (CACC): Price and Financial Metrics
CACC Price/Volume Stats
| Current price | $561.14 | 52-week high | $616.66 |
| Prev. close | $566.38 | 52-week low | $379.77 |
| Day low | $560.51 | Volume | 39,400 |
| Day high | $570.97 | Avg. volume | 71,567 |
| 50-day MA | $531.05 | Dividend yield | N/A |
| 200-day MA | $487.12 | Market Cap | 6.90B |
CACC Stock Price Chart Interactive Chart >
CACC POWR Grades
- CACC scores best on the Quality dimension, with a Quality rank ahead of 96.72% of US stocks.
- The strongest trend for CACC is in Growth, which has been heading down over the past 26 weeks.
- CACC's current lowest rank is in the Sentiment metric (where it is better than 6.15% of US stocks).
CACC Stock Summary
- CACC's went public 31.6 years ago, making it older than 80.59% of listed US stocks we're tracking.
- Of note is the ratio of CREDIT ACCEPTANCE CORP's sales and general administrative expense to its total operating expenses; 87.34% of US stocks have a lower such ratio.
- For CACC, its debt to operating expenses ratio is greater than that reported by 92.83% of US equities we're observing.
- If you're looking for stocks that are quantitatively similar to CREDIT ACCEPTANCE CORP, a group of peers worth examining would be LAUR, TROX, MERC, TGNA, and DAR.
- Visit CACC's SEC page to see the company's official filings. To visit the company's web site, go to www.creditacceptance.com.
CACC Valuation Summary
- CACC's price/sales ratio is 3.6; this is 33.33% higher than that of the median Financial Services stock.
- Over the past 243 months, CACC's price/earnings ratio has gone down 5.8.
Below are key valuation metrics over time for CACC.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| CACC | 2023-12-22 | 3.6 | 3.9 | 20.8 | 17.1 |
| CACC | 2023-12-21 | 3.5 | 3.9 | 20.6 | 17.0 |
| CACC | 2023-12-20 | 3.4 | 3.8 | 20.0 | 16.7 |
| CACC | 2023-12-19 | 3.5 | 3.8 | 20.3 | 16.9 |
| CACC | 2023-12-18 | 3.4 | 3.7 | 19.9 | 16.7 |
| CACC | 2023-12-15 | 3.4 | 3.8 | 20.1 | 16.8 |
CACC Growth Metrics
- Its year over year cash and equivalents growth rate is now at -14.64%.
- Its year over year price growth rate is now at 32.16%.
- Its 2 year price growth rate is now at 37.04%.
The table below shows CACC's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2022-12-31 | 1,832.4 | 1,238.7 | 535.8 |
| 2022-09-30 | 1,836.6 | 1,083 | 626.1 |
| 2022-06-30 | 1,846.4 | 1,026.5 | 789.3 |
| 2022-03-31 | 1,860.7 | 1,120.3 | 970.5 |
| 2021-12-31 | 1,856 | 1,069.4 | 958.3 |
| 2021-09-30 | 1,840.2 | 1,140.5 | 907 |
CACC's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- CACC has a Quality Grade of A, ranking ahead of 96.17% of graded US stocks.
- CACC's asset turnover comes in at 0.236 -- ranking 31st of 430 Banking stocks.
- SNFCA, RBNC, and HONE are the stocks whose asset turnover ratios are most correlated with CACC.
The table below shows CACC's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-06-30 | 0.236 | 1 | 0.116 |
| 2021-03-31 | 0.231 | 1 | 0.095 |
| 2020-12-31 | 0.226 | 1 | 0.063 |
| 2020-09-30 | 0.218 | 1 | 0.064 |
| 2020-06-30 | 0.214 | 1 | 0.057 |
| 2020-03-31 | 0.213 | 1 | 0.066 |
CACC Price Target
For more insight on analysts targets of CACC, see our CACC price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $395.67 | Average Broker Recommendation | 2.17 (Hold) |
Credit Acceptance Corporation (CACC) Company Bio
Credit Acceptance Corporation provides automobile dealers financing programs, and related products and services that enable them to sell vehicles to consumers. The company was founded in 1972 and is based in Southfield, Michigan.
Latest CACC News From Around the Web
Below are the latest news stories about CREDIT ACCEPTANCE CORP that investors may wish to consider to help them evaluate CACC as an investment opportunity.
Credit Acceptance Announces Completion of $294.0 Million Asset-Backed FinancingSouthfield, Michigan , Dec. 21, 2023 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $294.0 million asset-backed non-recourse secured financing (the “Financing”). Pursuant to this transaction, we conveyed loans having a value of approximately $375.1 million to a wholly-owned special purpose entity which will transfer the loans to a trust, which will issue three classes of notes: Note C |
Should You Invest in Credit Acceptance (CACC)?Investment management company Curreen Capital released its third quarter 2023 Investor letter. A copy of the same can be downloaded here. In the third quarter, the fund was down 0.95% compared to -3.27% for the S&P 500 Index. It had 40% of the fund in cash at the end of the quarter. In addition, you can […] |
Credit Acceptance Announces Closing of $600.0 Million Senior Notes Offering and Completion of Tender Offer for Senior Notes Due 2024Southfield, Michigan, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the closing of the Company’s previously announced offering of $600.0 million aggregate principal amount of its 9.250% senior notes due 2028 (the “notes”) at an issue price of 100% of the principal amount of the notes in a private offering exempt from registration under the Securities Act of 1933, as amended |
Credit Acceptance Corporation Announces Expiration and Results of Tender Offer For Any and All of Its $400,000,000 Aggregate Principal Amount of 5.125% Senior Notes Due 2024Southfield, Michigan, Dec. 15, 2023 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that its previously announced cash tender offer (the “Offer”) for any and all of the $400,000,000 aggregate principal amount of its 5.125% Senior Notes due 2024 with CUSIP number 225310AN1 (the “Notes”) expired at 5:00 p.m., New York City time, on December 14, 2023 (the “Expiration Time”). According to infor |
Credit Acceptance Announces Pricing of $600.0 Million Senior Notes OfferingSouthfield, Michigan, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that it priced $600.0 million aggregate principal amount of its 9.250% senior notes due 2028 (the “notes”) in its previously announced offering at an issue price of 100% of the principal amount of the notes. The $600.0 million aggregate principal amount of the notes represents an increase in the offering siz |
CACC Price Returns
| 1-mo | 5.53% |
| 3-mo | 31.44% |
| 6-mo | 14.99% |
| 1-year | 19.87% |
| 3-year | 53.29% |
| 5-year | 27.19% |
| YTD | 5.33% |
| 2023 | 12.30% |
| 2022 | -31.01% |
| 2021 | 98.67% |
| 2020 | -21.75% |
| 2019 | 15.87% |
Continue Researching CACC
Here are a few links from around the web to help you further your research on Credit Acceptance Corp's stock as an investment opportunity:Credit Acceptance Corp (CACC) Stock Price | Nasdaq
Credit Acceptance Corp (CACC) Stock Quote, History and News - Yahoo Finance
Credit Acceptance Corp (CACC) Stock Price and Basic Information | MarketWatch
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