Credit Acceptance Corporation (CACC)
NASDAQ: CACC · IEX Real-Time Price · USD
542.80
+6.40 (1.19%)
Apr 19, 2024, 10:54 AM EDT - Market open
Credit Acceptance Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Credit Acceptance stock have an average target of 393.5, with a low estimate of 347 and a high estimate of 440. The average target predicts a decrease of -27.51% from the current stock price of 542.80.
Analyst Consensus: Hold
* Price targets were last updated on Oct 31, 2023.
Analyst Ratings
The average analyst rating for CACC stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '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 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| 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 | -36.07% | Oct 31, 2023 |
| Stephens & Co. | Stephens & Co. | Hold Reiterates $440 | Hold | Reiterates | $440 | -18.94% | Oct 31, 2023 |
| Credit Suisse | Credit Suisse | Sell Maintains $400 → $380 | Sell | Maintains | $400 → $380 | -29.99% | May 2, 2023 |
| Stephens & Co. | Stephens & Co. | Hold Maintains $442 → $440 | Hold | Maintains | $442 → $440 | -18.94% | May 2, 2023 |
Financial Forecast
Revenue This Year
1.94B
from 1.90B
Increased by 2.21%
Revenue Next Year
2.13B
from 1.94B
Increased by 9.36%
EPS This Year
37.82
from 21.99
Increased by 71.98%
EPS Next Year
42.64
from 37.82
Increased by 12.75%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 2.2B | 2.4B |
| Avg | 1.9B | 2.1B |
| Low | 1.5B | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 15.0% | 23.8% |
| Avg | 2.2% | 9.4% |
| Low | -19.3% | -11.4% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 40.87 | 49.18 |
| Avg | 37.82 | 42.64 |
| Low | 33.47 | 36.70 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 85.8% | 30.0% |
| Avg | 72.0% | 12.8% |
| Low | 52.2% | -3.0% |
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.