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Credit Acceptance Corp (CACC-Q)
NASDAQ:CACC
485.51
11.67
(2.35%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 2 opinions in the last 12 months.
Credit Acceptance Corp (CACC-Q) is a top pick for experts due to its low capital requirements, disciplined capital allocation process, and sensible loan underwriting. The company's strong culture and willingness to buy back shares at the right time make it an attractive investment. It is seen as a better choice than GSY, and experts believe in buying on share price weakness.
$453.560
Owned
His choice instead of GSY. Over its history, great job of allocating capital. When liquidity gets tight, like right now with interest rates up, it will be busy underwriting loans. When liquidity becomes easy, it will reduce loan underwriting and continue to buy back shares. A 5% holding for him.
Sub-prime auto loan business with low competition.
~10% market share.
Very good capital allocation strategy (willing to turn down unprofitable loan business).
High margin products.
Not worried about slowdown in auto business.
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Credit Acceptance Corp(CACC-Q) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 2
Credit Acceptance Corp(CACC-Q) Frequently Asked Questions
What is Credit Acceptance Corp stock symbol?
Credit Acceptance Corp is a American stock, trading under the symbol CACC-Q on the NASDAQ (CACC). It is usually referred to as NASDAQ:CACC or CACC-Q
Is Credit Acceptance Corp a buy or a sell?
In the last year, 2 stock analysts published opinions about CACC-Q. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Credit Acceptance Corp.
Is Credit Acceptance Corp a good investment or a top pick?
Credit Acceptance Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Credit Acceptance Corp.
Why is Credit Acceptance Corp stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Credit Acceptance Corp worth watching?
2 stock analysts on Stockchase covered Credit Acceptance Corp In the last year. It is a trending stock that is worth watching.
What is Credit Acceptance Corp stock price?
On 2024-12-13, Credit Acceptance Corp (CACC-Q) stock closed at a price of $485.51.
Auto loan business that has low capital requirements. Disciplined capital allocation process - willing to buy back shares at correct time. Only willing to under write loans at sensible prices. Not a founder led business, but believes culture at company still strong. Will keep shares in business. Buying on share price weakness.