Prepare Yourself for Liftoff: Credit Acceptance Corp (CACC)

With 61530.0 shares changed hands, the volume of the stock remained lighter than its average volume of 65290.00000000001 shares. During the session, the Credit Services company that operates in wider Financial sector, reached to the highest price of $463.1 whereas the lowest price it dropped to was $453.52. The 52-week range on CACC shows that it touched its highest point at $616.66 and its lowest point at $409.22 during that stretch. It currently has a 1-year price target of $438.80. Beta for the stock currently stands at 1.47.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CACC was down-trending over the past week, with a drop of -3.18%, but this was down by -5.91% over a month. Three-month performance surged to 2.50% while six-month performance fell -14.72%. The stock lost -15.73% in the past year, while it has lost -3.18% so far this year. A look at the trailing 12-month EPS for CACC yields 14.89 with Next year EPS estimates of 36.99. EPS is expected to grow by 22.08% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -5.63%.

Float and Shares Shorts:

At present, 12.11 million CACC shares are outstanding with a float of 6.30 million shares on hand for trading. On 2024-12-13, short shares totaled 0.49 million, which was 407.99997999999994 higher than short shares on 1731628800. In addition to Mr. Kenneth S. Booth as the firm’s CEO, President & Director, Mr. Daniel A. Ulatowski serves as its Chief Sales Officer.

Institutional Ownership:

Through their ownership of 0.66169 of CACC’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, CACC reported revenue of $543600000.0 and operating income of $99800000.0. The EBITDA in the recently reported quarter was $106700000.0 and diluted EPS was $6.35.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CACC since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CACC analysts setting a high price target of 500.0 and a low target of 374.0, the average target price over the next 12 months is 426.5. Based on these targets, CACC could surge 10.0% to reach the target high and fall by -17.72% to reach the target low. Reaching the average price target will result in a decline of -6.17% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $32.36821 being high and $32.21195 being low. For CACC, this leads to a yearly average estimate of $32.30124.