Credit Acceptance Corporation (CACC)
NASDAQ: CACC · IEX Real-Time Price · USD
522.50
+5.28 (1.02%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Credit Acceptance Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Credit Acceptance stock have an average target of 402.33, with a low estimate of 347 and a high estimate of 440. The average target predicts a decrease of -23.00% from the current stock price of 522.50.
Analyst Consensus: Sell
* Price targets were last updated on May 2, 2024.
Analyst Ratings
The average analyst rating for CACC stock from 3 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Strong Sell Maintains $465 → $420 | Strong Sell | Maintains | $465 → $420 | -19.62% | May 2, 2024 |
| TD Cowen | TD Cowen | Sell Initiates n/a | Sell | Initiates | n/a | n/a | Nov 1, 2023 |
| BMO Capital | BMO Capital | Hold Maintains $354 → $347 | Hold | Maintains | $354 → $347 | -33.59% | Oct 31, 2023 |
| Stephens & Co. | Stephens & Co. | Hold Reiterates $440 | Hold | Reiterates | $440 | -15.79% | Oct 31, 2023 |
| Credit Suisse | Credit Suisse | Sell Maintains $400 → $380 | Sell | Maintains | $400 → $380 | -27.27% | May 2, 2023 |
Financial Forecast
Revenue This Year
1.96B
from 1.90B
Increased by 3.27%
Revenue Next Year
2.19B
from 1.96B
Increased by 11.51%
EPS This Year
36.48
from 21.99
Increased by 65.88%
EPS Next Year
43.00
from 36.48
Increased by 17.88%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 2.2B | 2.5B |
| Avg | 2.0B | 2.2B |
| Low | 1.5B | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 16.8% | 26.1% |
| Avg | 3.3% | 11.5% |
| Low | -19.6% | -12.3% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 37.62 | 47.12 |
| Avg | 36.48 | 43.00 |
| Low | 34.99 | 37.52 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 71.1% | 29.2% |
| Avg | 65.9% | 17.9% |
| Low | 59.1% | 2.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.