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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 $551.55, down 0.01% from the previous day, and has increased 33.49% in one year. It has overperformed other stocks in the Credit Services industry by 0.04 percentage points. Credit Acceptance stock is currently +45.23% from its 52-week low of $379.77, and -10.56% from its 52-week high of $616.66.

There are currently 12.3M CACC shares outstanding. The market capitalization of CACC is $6.79B. In the past 24 hours, 66,617 CACC shares were traded.

How to Buy Credit Acceptance Stock

Not sure how to invest in Credit Acceptance stock? Here's how.
  1. 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.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Fund your brokerage account: Pick your payment method and add your info.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 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.

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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:

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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 Price
$551.55
1w %
-2.63%
1y %
33.49%
5y %
23.13%
P/E
24.97x
P/B
3.87x
P/S
3.76x
PEG
N/A
Revenue
$1.90B
Earnings
$286.10M
Fore. Rev. Growth
7.54%
Fore. Earn. Growth
N/A
Market Cap
$6.79B
Next Earnings
Apr 29, 2024
Next Dividend
N/A

CACC Zen 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 undervalued based on its P/E ratio of 24.97x, relative to Credit Services industry P/E ratio of 29.51x
  • CACC may be undervalued based on its P/B ratio of 3.87x, relative to Credit Services industry P/B ratio of 5.02x

You can access additional valuation analysis on CACC's stock here.

CACC Financial Health Summary

Passed Health Checks:

  • CACC's operating cash flow of $1.20B allows it to safely service it's debt of $5.07B.

Failed Health Checks:

  • CACC earnings of $634.10M is not sufficient to cover its interest payments.
  • CACC has a relatively high debt to equity ratio of 3.34.
  • Total CACC debt is higher than 5 years ago, relative to shareholder equity.
  • CACC profit margin has gone down from 29.2% to 15% in the past year.

Is it a good time to buy Credit Acceptance stock, according to Wall Street analysts?

Out of 2 sell side analysts who give ratings on CACC, the consensus analyst rating on Credit Acceptance is a Hold

It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.

You can dive deeper into what analysts are saying on the Credit Acceptance stock forecast page.

CACC Technical Indicators

SMA10
553.94
SMA20
553.23
SMA50
552.8
SMA100
516.14
SMA200
500.88
MACD
0.77
MACD Signal
1.47
MACD Histogram
-0.7
RSI
49.26
Stochastic %K
24.62
Stochastic %D
24.7
StochRSI %K
10.52
StochRSI %D
9.35

CACC Performance Metrics

Last year, CACC earnings were $286.10M. Over the past 5 year, CACC's earnings have grown by -5.63% per year. This was slower than the Credit Services industry average of 11.94%.

Last year, CACC revenue was $1.90B. In the last five year, CACC's revenue has increased by 8.14% per year. This was slower than the Credit Services industry average of 9.55%.

Dig into CACC's earnings and revenue performance here.

What are CACC insiders up to?

In the last 12 months, executives and large shareholders at CACC have sold more shares than they have bought.

Douglas W. Busk, Chief Treasury Officer of CACC, was the latest CACC insider to sell. They sold $1,431,450.00 worth of CACC stock on Mar 21, 2024.

Dig into more about who owns CACC stock here.

Does CACC provide a stable income stream?

No, Credit Acceptance doesn't provide an income stream by paying out dividends.

CACC Social Trading Data

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Step 5: Make your CACC buy order

You have two main order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a given dollar amount limit, place a limit order.

Click the Open button and your broker will place the order.

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Step 6: Get the latest scoop on your CACC investment

Now that you own some shares in CACC, you'll want to keep up with your shares.

Create a watchlist to monitor your CACC stock.

CACC Feed

How to Buy Stock in Credit Acceptance

To summarize, here are the 6 steps to buy Credit Acceptance stock:

  1. Figure out where to buy Credit Acceptance stock
  2. Sign up for a brokerage account
  3. Fund your brokerage account
  4. Evaluate Credit Acceptance stock
  5. Make your CACC buy order
  6. Get the latest scoop on your CACC investment

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If you would like to keep track of your new investment in Credit Acceptance, click the button below.

NASDAQ: CACC
$551.55-0.05 (-0.01%)
Updated Mar 28, 2024
Open eToro Account
NASDAQ: CACC
$551.55-0.05 (-0.01%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Credit Acceptance share?

As of Mar 28, 2024, it costs $551.55 to buy one share of Credit Acceptance stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.181 shares of CACC.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Credit Acceptance stock?

According to 2 Wall Street analysts who monitor Credit Acceptance, their consensus recommendation is to hold Credit Acceptance stock.

What is the best way to buy Credit Acceptance stock?

One way to place an order for Credit Acceptance stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.