The Technical Analyst
Credit Acceptance Corp [CACC]
Exchange: NASDAQ Sector: Financial Services Industry: Credit Services
Credit Acceptance Corp Price, Forecast, Insider, Ratings, Fundamentals & Signals
Current Signal: SELL (auto-tracking)
-1.28% $515.52
America/New_York / 25 apr 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 6 342.44 mill |
| EPS: | 21.77 |
| P/E: | 23.68 |
| Earnings Date: | Apr 28, 2024 |
| SharesOutstanding: | 12.30 mill |
| Avg Daily Volume: | 0.0670 mill |
| RATING 2024-04-25 |
|---|
| S |
| Strong Buy |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Buy | |
| Return On Equity: | Strong Buy | |
| Return On Asset: | Strong Buy | |
| DE: | Strong Buy | |
| P/E: | Strong Buy | |
| Price To Book: | Strong Buy |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE 23.68 | sector: PE -18.15 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0.76x |
| Company: PE 23.68 | industry: PE 31.21 |
| DISCOUNTED CASH FLOW VALUE |
|---|
| N/A |
| N/A |
| Expected Trading Range (DAY) |
|---|
|
$ 504.88 - 526.16 ( +/- 2.06%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-04-18 | Rostami Andrew K | Sell | 423 | Common Stock |
| 2024-03-21 | Busk Douglas W | Sell | 2 500 | Employee Stock Option (right to buy) |
| 2024-03-21 | Busk Douglas W | Buy | 2 500 | Common Stock |
| 2024-03-21 | Busk Douglas W | Sell | 2 500 | Common Stock |
| 2024-03-15 | Lum Jonathan | Sell | 2 500 | Employee Stock Option (right to buy) |
| INSIDER POWER |
|---|
| -51.98 |
| Last 98 transactions |
| Buy: 27 399 | Sell: 98 331 |
Forecast:
16:00 - $515.39
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $515.39
Forecast 2: 16:00 - $515.39
Forecast 3: 16:00 - $515.39
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $515.52 (-1.28% ) |
| Volume | 0.0462 mill |
| Avg. Vol. | 0.0670 mill |
| % of Avg. Vol | 68.95 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For CACC
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % | Feb 8 - 15:25 | buy | $555.80 | N/A | Active |
|---|
CACC
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.
Latest Press Releases
2024-04-23 16:02:00 - Press Release
Credit Acceptance Announces Timing Of First Quarter 2024 Earnings Release And Webcast
Southfield, michigan, april 23, 2024 (globe newswire) -- credit acceptance corporation (nasdaq: cacc) (referred to as the “company”, “credit acceptance”, “we”, “our”, or “us”) announced today that we expect to issue a news release with our first quarter 2024 earnings on tuesday, april 30, 2024, after the market closes. a webcast is scheduled for tuesday, april 30, 2024, at 5:00 p.m. eastern time to discuss first quarter 2024 earnings.
2024-03-28 16:02:00 - Press Release
Credit Acceptance Announces Completion Of $500.0 Million Asset-backed Financing
Southfield, michigan, march 28, 2024 (globe newswire) -- credit acceptance corporation (nasdaq: cacc) (the “company”, “credit acceptance”, “we”, “our”, or “us”) announced today the completion of a $500.0 million asset-backed non-recourse secured financing (the “financing”). pursuant to this transaction, we conveyed loans having a value of approximately $625.2 million to a wholly-owned special purpose entity which will transfer the loans to a trust, which will issue three classes of notes:
2024-03-20 16:02:00 - Press Release
Credit Acceptance Named 2024 Top Workplaces Usa Award Winner
Southfield, michigan, march 20, 2024 (globe newswire) -- credit acceptance corporation (nasdaq: cacc) (referred to as the “company”, “credit acceptance”, “we”, “our”, or “us”) has been named a top workplaces usa award winner for the fourth consecutive year. we made it into the top 10 again this year with a #9 ranking in the 1,000-2,499-employee size category.
2024-02-27 16:02:00 - Press Release
Credit Acceptance Announces Completion Of $200.0 Million Asset-backed Financing
Southfield, michigan, feb. 27, 2024 (globe newswire) -- credit acceptance corporation (nasdaq: cacc) (the “company”, “credit acceptance”, “we”, “our”, or “us”) announced today the completion of a $200.0 million asset-backed non-recourse secured financing (the “financing”). pursuant to this transaction, we conveyed loans having a value of approximately $250.1 million to a wholly owned special purpose entity which will transfer the loans to a trust, which will issue three classes of notes:
2024-02-16 16:02:00 - Press Release
Credit Acceptance Announces Extension Of $100.0 Million Asset-backed Financing
Southfield, michigan, feb. 16, 2024 (globe newswire) -- credit acceptance corporation (nasdaq: cacc) (referred to as the “company”, “credit acceptance”, “we”, “our”, or “us”) announced today that we have extended the $100.0 million asset-backed non-recourse secured financing that we entered into on january 29, 2021 (the “financing”) and to which we refer as term abs 2021-1. under the amendment effecting the extension, the date on which the financing will cease to revolve has been extended from december 16, 2024 to february 17, 2026.
Latest News
2024-04-23 16:02:00 - GlobeNewsWire
Credit Acceptance Announces Timing of First Quarter 2024 Earnings Release and Webcast
Southfield, Michigan, April 23, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we expect to issue a news release with our first quarter 2024 earnings on Tuesday, April 30, 2024, after the market closes. A webcast is scheduled for Tuesday, April 30, 2024, at 5:00 p.m. Eastern Time to discuss first quarter 2024 earnings.
2024-03-01 12:36:25 - Zacks Investment Research
Why Is Credit Acceptance (CACC) Down 4.8% Since Last Earnings Report?
2024-02-01 13:51:05 - Zacks Investment Research
Credit Acceptance (CACC) Gains on Q4 Earnings Beat, Revenue Rise
Credit Acceptance (CACC) records a rise in revenues and operating expenses in the fourth quarter of 2023.
2024-01-31 23:13:10 - Seeking Alpha
Credit Acceptance Corporation (CACC) Q4 2023 Earnings Call Transcript
2024-01-31 19:01:22 - Zacks Investment Research
Credit Acceptance (CACC) Reports Q4 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Credit Acceptance (CACC) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
2024-01-31 18:16:06 - Zacks Investment Research
Credit Acceptance (CACC) Q4 Earnings and Revenues Top Estimates
Credit Acceptance (CACC) came out with quarterly earnings of $7.29 per share, beating the Zacks Consensus Estimate of $4.52 per share. This compares to earnings of $9.58 per share a year ago.
2024-01-24 16:02:00 - GlobeNewsWire
Credit Acceptance Announces Timing of Fourth Quarter 2023 Earnings Release and Webcast
Southfield, Michigan, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we expect to issue a news release with our fourth quarter 2023 earnings on Wednesday, January 31, 2024, after the market closes. A webcast is scheduled for Wednesday, January 31, 2024, at 5:00 p.m. Eastern Time to discuss fourth quarter 2023 earnings.
2023-11-29 12:49:12 - Zacks Investment Research
Credit Acceptance (CACC) Up 9.4% Since Last Earnings Report: Can It Continue?
2023-11-16 16:50:10 - Seeking Alpha
Credit Acceptance: There Are Better Opportunities
Economic indicators provide a mixed perspective: consumer confidence is declining, and interest rates are high. On the flip side, we observe growth catalysts: decreased used car prices and the expected decline in interest rates next year. However, when considering the decision to invest in Credit Acceptance or its industry peers, I lean towards choosing the latter.
2023-11-15 01:28:13 - Seeking Alpha
Credit Acceptance Is Cheaply Valued But Patience May Be Required
Credit Acceptance stock has underperformed the S&P 500 by a wide margin in the last two years due to the surge of interest rates to a 16-year high. High interest rates have impacted some of the customers of CACC, but the stock is now cheaply valued, at only 10.4 times its earnings. The company's proven ability to forecast collection rates and its consistent performance make it an attractive investment option.