Credit Acceptance Corporation (CACC)
Stock Price:
$298.34 USD
-9.37 (-3.05%)
Updated November 25, 4:00 PM EST - Market closed
Key Info
| Market Cap |
5.27B |
| Revenue (ttm) |
1.61B |
| Net Income (ttm) |
416.60M |
| Shares Out |
17.65M |
| EPS (ttm) |
22.84 |
| PE Ratio |
13.06 |
| Forward PE |
10.49 |
| Dividend |
n/a |
| Dividend Yield |
n/a |
Stock Quote
| Trading Day |
November 25 |
| Last Price |
$298.34 |
| Previous Close |
$307.71 |
| Change ($) |
-9.37 |
| Change (%) |
-3.05% |
| Day's Open |
306.95 |
| Day's Range |
297.10 - 306.95 |
| Day's Volume |
110,283 |
| 52-Week Range |
199.00 - 539.00 |
More Stats
| Market Cap |
5.27B |
| Enterprise Value |
9.48B |
| Earnings Date (est) |
Feb 4, 2021 |
| Ex-Dividend Date |
n/a |
| Shares Outstanding |
17.65M |
| Float |
13.24M |
| EPS (basic) |
22.99 |
| EPS (diluted) |
22.84 |
| FCF / Share |
54.72 |
| Dividend |
n/a |
| Dividend Yield |
n/a |
| Earnings Yield |
7.66% |
| FCF Yield |
18.54% |
| Payout Ratio |
n/a |
| Shares Short |
2.46M |
| Short Ratio |
10.80 |
| Short % of Float |
18.56% |
| Beta |
1.28 |
| PE Ratio |
13.06 |
| Forward PE |
10.49 |
| P/FCF Ratio |
5.39 |
| PS Ratio |
3.27 |
| PB Ratio |
2.24 |
| Revenue |
1.61B |
| Operating Income |
755.70M |
| Net Income |
416.60M |
| Free Cash Flow |
976.40M |
| Net Cash |
-4.22B |
| Net Cash / Share |
-239.02 |
| Gross Margin |
129.17% |
| Operating Margin |
47.00% |
| Profit Margin |
25.90% |
| FCF Margin |
60.73% |
| ROA |
5.75% |
| ROE |
17.76% |
| ROIC |
6.40% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Forecasts
Analyst Ratings (6)
| Buy |
0 |
| Overweight |
0 |
| Hold |
4 |
| Underweight |
0 |
| Sell |
2 |
Price Target
$297.33*
(-0.34% downside)
Low
235
Current: $298.34
High
351
Target: 297.33
*Average 12-month price target from 6 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 1,489 | 1,286 | 1,110 | 969 | 825 | 724 | 682 | 609 | 525 | 442 |
| Revenue Growth | 15.8% | 15.84% | 14.53% | 17.44% | 14.07% | 6.07% | 11.97% | 15.99% | 18.8% | - |
| Gross Profit | 1,489 | 1,286 | 1,110 | 969 | 825 | 724 | 682 | 609 | 525 | 442 |
| Operating Income | 1,054 | 912 | 704 | 629 | 551 | 499 | 463 | 407 | 354 | 301 |
| Net Income | 656 | 574 | 470 | 333 | 300 | 266 | 253 | 220 | 188 | 170 |
| Shares Outstanding | 18.90 | 19.45 | 19.50 | 20.33 | 20.89 | 22.26 | 23.85 | 25.41 | 26.30 | 29.39 |
| Earnings Per Share | 34.57 | 29.39 | 24.04 | 16.31 | 14.28 | 11.92 | 10.54 | 8.58 | 7.07 | 5.67 |
| EPS Growth | 17.63% | 22.25% | 47.39% | 14.22% | 19.8% | 13.09% | 22.84% | 21.36% | 24.69% | - |
| Operating Cash Flow | 812 | 704 | 566 | 507 | 404 | 365 | 326 | 309 | 276 | 201 |
| Capital Expenditures | -26.80 | -25.10 | -8.40 | -5.50 | -4.00 | -4.30 | -5.60 | -8.80 | -6.30 | -3.50 |
| Free Cash Flow | 786 | 679 | 558 | 502 | 400 | 361 | 320 | 300 | 269 | 197 |
| Cash & Equivalents | 518 | 329 | 264 | 239 | 174 | 164 | 116 | 101 | 109 | 70.33 |
| Total Debt | 4,539 | 3,821 | 3,071 | 2,604 | 2,068 | 1,753 | 1,392 | 1,251 | 998 | 686 |
| Net Cash / Debt | -4,021 | -3,492 | -2,807 | -2,364 | -1,894 | -1,589 | -1,277 | -1,149 | -889 | -615 |
| Assets | 7,423 | 6,237 | 4,986 | 4,218 | 3,373 | 2,785 | 2,433 | 2,133 | 1,759 | 1,344 |
| Liabilities | 5,068 | 4,247 | 3,450 | 3,044 | 2,445 | 2,083 | 1,683 | 1,511 | 1,219 | 869 |
| Book Value | 2,355 | 1,991 | 1,536 | 1,174 | 928 | 702 | 750 | 622 | 540 | 474 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Credit Acceptance Corporation |
| Country |
United States |
| Employees |
2,016 |
| CEO |
Brett A. Roberts |
Stock Information
| Ticker Symbol |
CACC |
| Stock Exchange |
NASDAQ |
| Sector |
Financial Services |
| Industry |
Credit Services |
| Unique Identifier |
NASDAQ: CACC |
| IPO Date |
June 5, 1992 |
Description
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.