How to Buy Credit Acceptance Stock
Credit Acceptance Corp
Credit Acceptance Corporation provides financing programs, and related products and services to independent and franchised automobile dealers in the United States.
Credit Acceptance stock last closed at $475.69, up 2.97% from the previous day, and has decreased 8.74% in one year. It has underperformed other stocks in the Credit Services industry by 0.42 percentage points. Credit Acceptance stock is currently +16.24% from its 52-week low of $409.22, and -22.86% from its 52-week high of $616.66.
There are currently 12.11M CACC shares outstanding. The market capitalization of CACC is $5.76B. In the past 24 hours, 38,881 CACC shares were traded.
How to Buy Credit Acceptance Stock
Not sure how to invest in Credit Acceptance stock? Here's how.
- Figure out where to buy Credit Acceptance stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Credit Acceptance stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Pick your payment method and add your info.
- Evaluate Credit Acceptance stock: The Credit Acceptance ticker symbol is CACC. Is Credit Acceptance stock a good investment? Should you buy shares of CACC? How do CACC's underlying business fundamentals look? Do top analysts think Credit Acceptance is a good buy? Why has CACC's stock price moved recently? (Hint: Our stock market research website can help you figure out if CACC is a good stock to buy).
- Make your CACC buy order: Decide if you will purchase CACC shares at the current market price or use a limit order to purchase CACC shares at a given price.
- Get the latest scoop on your CACC investment: Create a watchlist to the latest updates on your position in Credit Acceptance stock.
Step 1: Figure out where to buy Credit Acceptance stock
You need an online brokerage account in order to access the NASDAQ market and buy CACC stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked your brokerage, it's time to fill out some personal info so you are able to buy CACC today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to open your new trading account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have finished signing up on the best free stock trading app, your next step is to transfer the money for your investment:
Watch this video walkthrough for more details depositing money into your brokerage account.
Step 4: Evaluate Credit Acceptance stock
Once you have decided on the best place to buy Credit Acceptance stock, it's crucial to research their stock prior to investing, so you can understand the risk and opportunity.
Credit Acceptance stock data
CACC Due Diligence Score
WallStreetZen was created to help average investors perform better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on CACC's stock page.
Is CACC stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge CACC's true value.
Using relative valuations measures:
- CACC may be overvalued based on its P/E ratio of 31.63x, relative to Credit Services industry P/E ratio of 30.17x
- CACC may be undervalued based on its P/B ratio of 3.5x, relative to Credit Services industry P/B ratio of 5.55x
- CACC could be undervalued based on its PEG ratio of 0.15x
You can access additional valuation analysis on CACC's stock here.
CACC Financial Health
Failed Health Checks:
- CACC earnings of $641.00M is not sufficient to cover its interest payments.
- CACC has a relatively high debt to equity ratio of 4.27.
- Total CACC debt is higher than 5 years ago, relative to shareholder equity.
- CACC's operating cash flow of $1.14B allows it to safely service it's debt of $6.25B.
- CACC profit margin has gone down from 17.1% to 9.1% in the past year.
Do analysts think it's a good time to buy Credit Acceptance stock
Out of 1 sell side analysts who give ratings on CACC, the consensus analyst rating on Credit Acceptance is a Strong Sell
It's important to note that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Credit Acceptance stock forecast page.
CACC Trading Indicators
CACC Earnings
Last year, CACC earnings were $189.60M. In the past 5 year, CACC's earnings have grown by -15.01% per year. This was slower than the Credit Services industry average of 12.3%.
Last year, CACC revenue was $2.09B. During the last five year, CACC's revenue has grown by 7.63% per year. This was slower than the Credit Services industry average of 10.43%.
Dive into CACC's earnings and revenue performance here.
Are CACC insiders buying or selling the stock?
Over the past year, insiders at CACC have sold more shares than they have bought.
Jonathan Lum, Chief Operating Officer of CACC, was the latest CACC insider to sell. They sold $270,424.80 worth of CACC shares on Dec 17, 2024.
Dig into more about who owns CACC stock here.
Can I get consistent income from CACC stock?
No, Credit Acceptance doesn't provide an income stream by paying out dividends.
What others are saying about CACC
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Make your CACC buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount limit, use a limit order.
Press the Open Trade button and eToro will place your order.
If you require more info about investing in stocks on eToro, click the how to video below:
Step 6: Get the latest scoop on your CACC investment
Now that you own some CACC stock, you'll want to keep up with your investment.
Make a watchlist to get notified of important updates regarding your CACC stock.
CACC Feed
How to Buy Stock in Credit Acceptance
To summarize, here are the 6 steps to buy Credit Acceptance stock:
- Figure out where to buy Credit Acceptance stock
- Sign up for a brokerage account
- Fund your brokerage account
- Evaluate Credit Acceptance stock
- Make your CACC buy order
- Get the latest scoop on your CACC investment
If you need a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to monitor your new investment in Credit Acceptance, add CACC to your watchlist below.
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