Credit Acceptance (NASDAQ:CACC) Azioni

Credit Acceptance

Credit Acceptance Corp is a consumer finance company that specializes in automobile loans. These loans are offered through a U.S. nationwide network of automobile dealers that benefit from sales of vehicles to consumers who could otherwise not obtain financing. The company also benefits from repeat and referral sales, and from sales to customers responding to advertisements for financing, but qualify for traditional financing. The company derives its revenue from finance charges, premiums earned on the reinsurance of vehicle service contracts, and other fees. Of these, financing charges, including servicing fees, are by far a source of revenue.

Credit Acceptance Corporation - Common Stock

Credit Acceptance Corp

Earnings

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Earnings Scheduled For April 30, 2025

<p>Credit Acceptance (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CACC#NASDAQ">CACC</a>) is preparing to release its quarterly earnings on Wednesday, 2025-04-30. Here's a brief overview of what investors should keep in mind before the announcement.</p>
<p>Analysts expect Credit Acceptance to report an <strong>earnings per share</strong> (EPS) of $9.67.</p>
<p>Anticipation surrounds Credit Acceptance's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.</p>
<p>New investors should understand that while earnings performance is important, market reactions are often driven by guidance.</p>
<h3>Historical Earnings Performance</h3>
<p>In the previous earnings release, the company beat EPS by $2.24, leading to a 1.22% drop in the share price the following trading session.</p>
<p>Here's a look at Credit Acceptance's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q4 2024</strong></th>
<th><strong>Q3 2024</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>7.93</td>
<td>9.05</td>
<td>8.91</td>
<td>8.35</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>10.17</td>
<td>8.79</td>
<td>10.29</td>
<td>9.28</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>-1.0%</td>
<td>-8.0%</td>
<td>-15.0%</td>
<td>-4.0%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2025/1745949688_0.png" alt="eps graph" /></p>
<h3>Tracking Credit Acceptance's Stock Performance</h3>
<p>Shares of Credit Acceptance were trading at $487.65 as of April 28. Over the last 52-week period, shares are down 1.3%.  Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release. </p>
<h3>Analyst Opinions on Credit Acceptance</h3>
<p>For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Credit Acceptance.</p>
<p>Analysts have given Credit Acceptance a total of 2 ratings, with the consensus rating being Neutral. The average one-year price target is $475.0, indicating a potential 2.59% downside.</p>
<h3>Peer Ratings Comparison</h3>
<p>In this comparison, we explore the analyst ratings and average 1-year price targets of FirstCash Hldgs and Enova International, three prominent industry players, offering insights into their relative performance expectations and market positioning.</p>
<ul>
<li>Analysts currently favor an Outperform trajectory for FirstCash Hldgs, with an average 1-year price target of $137.0, suggesting a potential 71.91% downside.</li>
<li>Analysts currently favor an Buy trajectory for Enova International, with an average 1-year price target of $134.5, suggesting a potential 72.42% downside.</li>
</ul>
<h3>Overview of Peer Analysis</h3>
<p>The peer analysis summary presents essential metrics for FirstCash Hldgs and Enova International, unveiling their respective standings within the industry and providing valuable insights into their market positions and comparative performance.</p>
<p>
<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Credit Acceptance</td>
<td>Neutral</td>
<td>14.89%</td>
<td>$351.10M</td>
<td>8.95%</td>
</tr>
<tr>
<td>FirstCash Hldgs</td>
<td>Outperform</td>
<td>-5.36%</td>
<td>$433.69M</td>
<td>4.07%</td>
</tr>
<tr>
<td>Enova International</td>
<td>Buy</td>
<td>25.01%</td>
<td>$336.05M</td>
<td>5.36%</td>
</tr>
</tbody>
</table>
</p>
<p>Key Takeaway:</p>
<p>Credit Acceptance is positioned in the middle among its peers for revenue growth. It ranks at the bottom for gross profit and return on equity.</p>
<h3>Discovering Credit Acceptance: A Closer Look</h3>
<p>Credit Acceptance Corp is a consumer finance company that specializes in automobile loans. These loans are offered through a U.S. nationwide network of automobile dealers that benefit from sales of vehicles to consumers who could otherwise not obtain financing. The company also benefits from repeat and referral sales, and from sales to customers responding to advertisements for financing, but qualify for traditional financing. The company derives its revenue from finance charges, premiums earned on the reinsurance of vehicle service contracts, and other fees. Of these, financing charges, including servicing fees, are by far a source of revenue.</p>
<h3>Credit Acceptance: Financial Performance Dissected</h3>
<p><strong>Market Capitalization Analysis:</strong> Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.</p>
<p><strong>Revenue Growth:</strong> Credit Acceptance displayed positive results in 3 months. As of 31 December, 2024, the company achieved a solid revenue growth rate of approximately <strong>14.89%</strong>. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Financials sector.</p>
<p><strong>Net Margin:</strong> Credit Acceptance's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of <strong>27.24%,</strong> the company showcases strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of <strong>8.95%,</strong> the company showcases effective utilization of equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> Credit Acceptance's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>1.73%</strong> ROA, the company effectively utilizes its assets for optimal returns.</p>
<p><strong>Debt Management:</strong> With a high debt-to-equity ratio of <strong>3.63</strong>, Credit Acceptance faces challenges in effectively managing its debt levels, indicating potential financial strain.</p>
<p><a href="https://www.benzinga.com/quote/CACC/earnings"><strong>To track all earnings releases for Credit Acceptance visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Earnings Outlook For Credit Acceptance

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Shares of financial companies are trading higher amid overall market strength after President Trump said he will not be firing Fed Chair Powell. Additionally, Trump indicated the final tariff rate would be lower than the current one, which may lead to greater business and lending activity for financial institutions.

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Shares of financial companies are trading higher amid Treasury Secretary Scott Bessent's remarks about trade de-escalation with China, which may help restore investor confidence towards the sector.

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Shares of consumer finance companies are trading higher following President Trump's decision to implement a 90-day pause on reciprocal tariffs for all countries except China.

<p>Stephens &amp; Co.  analyst Kyle Joseph   maintains Credit Acceptance (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CACC#NASDAQ">CACC</a>) with a Equal-Weight and raises the price target from $452 to $500.</p>


News

Price Target

Analyst Ratings

Stephens & Co. Maintains Equal-Weight on Credit Acceptance, Raises Price Target to $500

<p>The earnings results for <strong>Credit Acceptance</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CACC#NASDAQ">CACC</a>) for Q4 were made public on Thursday, January 30, 2025 at 04:01 PM.</p>
<p>Here's a comprehensive overview of the announcement.</p>
<h3>Earnings</h3>
<p>Credit Acceptance beat estimated earnings by 28.000000000000004%, reporting an EPS of $10.17 versus an estimate of $7.93.</p>
<p>Revenue was up $74.30 million from the same period last year.</p>
<h3>Historical Earnings Summary</h3>
<p>In the previous quarter, the company missed on EPS by $0.26, resulting in a 8.0% drop change in the share price the following day.</p>
<p>Here's a look at Credit Acceptance's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2024</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>9.05</td>
<td>8.91</td>
<td>8.35</td>
<td>5.43</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>8.79</td>
<td>10.29</td>
<td>9.28</td>
<td>10.06</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>545.89M</td>
<td>525.03M</td>
<td>455.76M</td>
<td>489.53M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>550.30M</td>
<td>538.20M</td>
<td>508.00M</td>
<td>491.60M</td>
</tr>
</tbody>
</table>
</p>
<p>To track all earnings releases for Credit Acceptance <a href="https://www.benzinga.com/quote/CACC/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Insights into Credit Acceptance Q4 Earnings

<p><strong>Credit Acceptance</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CACC#NASDAQ">CACC</a>) reported its Q4 earnings results on Thursday, January 30, 2025 at 04:01 PM.</p>
<p>Here's what investors need to know about the announcement.</p>
<h3>Earnings</h3>
<p>Credit Acceptance beat estimated earnings by 28.000000000000004%, reporting an EPS of $10.17 versus an estimate of $7.93.</p>
<p>Revenue was up $74.30 million from the same period last year.</p>
<h3>Earnings History Overview</h3>
<p>The company missed on EPS by $0.26 in the previous quarter, leading to a 8.0% drop share price change the next day.</p>
<p>Here's a look at Credit Acceptance's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2024</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>9.05</td>
<td>8.91</td>
<td>8.35</td>
<td>5.43</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>8.79</td>
<td>10.29</td>
<td>9.28</td>
<td>10.06</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>545.89M</td>
<td>525.03M</td>
<td>455.76M</td>
<td>489.53M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>550.30M</td>
<td>538.20M</td>
<td>508.00M</td>
<td>491.60M</td>
</tr>
</tbody>
</table>
</p>
<p>To track all earnings releases for Credit Acceptance <a href="https://www.benzinga.com/quote/CACC/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Credit Acceptance Earnings Analysis: Q4 Recap

<p><strong>Credit Acceptance</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CACC#NASDAQ">CACC</a>) released its Q4 earnings on Thursday, January 30, 2025 at 04:01 PM.</p>
<p>Here's what's important from the earnings announcement.</p>
<h3>Earnings</h3>
<p>Credit Acceptance beat estimated earnings by 28.000000000000004%, reporting an EPS of $10.17 versus an estimate of $7.93.</p>
<p>Revenue was up $74.30 million from the same period last year.</p>
<h3>Analysis of Past Earnings</h3>
<p>During the previous quarter, the company missed on EPS by $0.26, leading to a 8.0% drop share price change the next day.</p>
<p>Here's a look at Credit Acceptance's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2024</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>9.05</td>
<td>8.91</td>
<td>8.35</td>
<td>5.43</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>8.79</td>
<td>10.29</td>
<td>9.28</td>
<td>10.06</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>545.89M</td>
<td>525.03M</td>
<td>455.76M</td>
<td>489.53M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>550.30M</td>
<td>538.20M</td>
<td>508.00M</td>
<td>491.60M</td>
</tr>
</tbody>
</table>
</p>
<p>To track all earnings releases for Credit Acceptance <a href="https://www.benzinga.com/quote/CACC/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Earnings Summary: Credit Acceptance Q4

<p><strong>Credit Acceptance</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CACC#NASDAQ">CACC</a>) released its Q4 earnings on Thursday, January 30, 2025 at 04:01 PM.</p>
<p>Here's what's important from the earnings announcement.</p>
<h3>Earnings</h3>
<p>Credit Acceptance beat estimated earnings by 28.000000000000004%, reporting an EPS of $10.17 versus an estimate of $7.93.</p>
<p>Revenue was up $74.30 million from the same period last year.</p>
<h3>Past Earnings Performance</h3>
<p>During the previous quarter, the company missed on EPS by $0.26, leading to a 8.0% drop share price change the next day.</p>
<p>Here's a look at Credit Acceptance's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2024</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>9.05</td>
<td>8.91</td>
<td>8.35</td>
<td>5.43</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>8.79</td>
<td>10.29</td>
<td>9.28</td>
<td>10.06</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>545.89M</td>
<td>525.03M</td>
<td>455.76M</td>
<td>489.53M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>550.30M</td>
<td>538.20M</td>
<td>508.00M</td>
<td>491.60M</td>
</tr>
</tbody>
</table>
</p>
<p>To track all earnings releases for Credit Acceptance <a href="https://www.benzinga.com/quote/CACC/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Credit Acceptance Q4 Earnings Assessment

<p><strong>Credit Acceptance</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CACC#NASDAQ">CACC</a>) released its Q4 earnings on Thursday, January 30, 2025 at 04:01 PM.</p>
<p>Here's what's important from the earnings announcement.</p>
<h3>Earnings</h3>
<p>Credit Acceptance beat estimated earnings by 28.000000000000004%, reporting an EPS of $10.17 versus an estimate of $7.93.</p>
<p>Revenue was up $74.30 million from the same period last year.</p>
<h3>Previous Earnings Records</h3>
<p>Last quarter the company missed on EPS by $0.26 which was followed by a 8.0% drop in the share price the next day.</p>
<p>Here's a look at Credit Acceptance's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2024</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>9.05</td>
<td>8.91</td>
<td>8.35</td>
<td>5.43</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>8.79</td>
<td>10.29</td>
<td>9.28</td>
<td>10.06</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>545.89M</td>
<td>525.03M</td>
<td>455.76M</td>
<td>489.53M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>550.30M</td>
<td>538.20M</td>
<td>508.00M</td>
<td>491.60M</td>
</tr>
</tbody>
</table>
</p>
<p>To track all earnings releases for Credit Acceptance <a href="https://www.benzinga.com/quote/CACC/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Credit Acceptance: Q4 Earnings Insights

<p><strong>Credit Acceptance</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CACC#NASDAQ">CACC</a>) just disclosed its Q4 earnings on Thursday, January 30, 2025 at 04:01 PM.</p>
<p>Here's a brief overview of the earnings report.</p>
<h3>Earnings</h3>
<p>Credit Acceptance beat estimated earnings by 28.000000000000004%, reporting an EPS of $10.17 versus an estimate of $7.93.</p>
<p>Revenue was up $74.30 million from the same period last year.</p>
<h3>Historical Earnings Summary</h3>
<p>Last quarter the company missed on EPS by $0.26 which was followed by a 8.0% drop in the share price the next day.</p>
<p>Here's a look at Credit Acceptance's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2024</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>9.05</td>
<td>8.91</td>
<td>8.35</td>
<td>5.43</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>8.79</td>
<td>10.29</td>
<td>9.28</td>
<td>10.06</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>545.89M</td>
<td>525.03M</td>
<td>455.76M</td>
<td>489.53M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>550.30M</td>
<td>538.20M</td>
<td>508.00M</td>
<td>491.60M</td>
</tr>
</tbody>
</table>
</p>
<p>To track all earnings releases for Credit Acceptance <a href="https://www.benzinga.com/quote/CACC/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Earnings Breakdown: Credit Acceptance Q4

<p>Credit Acceptance (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CACC#NASDAQ">CACC</a>) reported quarterly earnings of $10.17 per share which beat the analyst consensus estimate of $7.93 by 28.25 percent. This is a 1.09 percent increase over earnings of $10.06 per share from the same period last year.  The company reported quarterly sales of $565.90 million which beat the analyst consensus estimate of $522.60 million by 8.29 percent.  This is a 15.11 percent increase over sales of $491.60 million the same period last year.</p>


Earnings Beats

Credit Acceptance Q4 Adj EPS $10.17 Beats $7.93 Estimate, Sales $565.90M Beat $522.60M Estimate

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Earnings Scheduled For January 30, 2025

<p>TD Cowen  analyst Moshe Orenbuch   maintains Credit Acceptance (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CACC#NASDAQ">CACC</a>) with a Sell and lowers the price target from $400 to $380.</p>


TD Cowen Maintains Sell on Credit Acceptance, Lowers Price Target to $380

<p>Credit Acceptance (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CACC#NASDAQ">CACC</a>) reported quarterly earnings of $8.79 per share which missed the analyst consensus estimate of $9.05 by 2.87 percent.  The company reported quarterly sales of $550.300 million which beat the analyst consensus estimate of $545.890 million by 0.81 percent.  This is a 14.98 percent increase over sales of $478.600 million the same period last year.</p>


Earnings Misses

Credit Acceptance Q3 2024 Adj. EPS $8.79 Misses $9.05 Estimate, Sales $550.300M Beat $545.890M Estimate

<p>Credit Acceptance (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CACC#NASDAQ">CACC</a>) will release its quarterly earnings report on Wednesday, 2024-10-30. Here's a brief overview for investors ahead of the announcement.</p>
<p>Analysts anticipate Credit Acceptance to report an <strong>earnings per share</strong> (EPS) of $9.05.</p>
<p>Credit Acceptance bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Performance in Previous Earnings</h3>
<p>In the previous earnings release, the company beat EPS by $1.38, leading to a 14.89% drop in the share price the following trading session.</p>
<p>Here's a look at Credit Acceptance's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
<th><strong>Q3 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>8.91</td>
<td>8.35</td>
<td>5.43</td>
<td>5.71</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>10.29</td>
<td>9.28</td>
<td>10.06</td>
<td>10.70</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>-15.0%</td>
<td>-4.0%</td>
<td>7.000000000000001%</td>
<td>1.0%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1730224907_0.png" alt="eps graph" /></p>
<h3>Market Performance of Credit Acceptance's Stock</h3>
<p>Shares of Credit Acceptance were trading at $465.59 as of October 28. Over the last 52-week period, shares are up 10.56%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. </p>
<h3>Analyst Opinions on Credit Acceptance</h3>
<p>For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Credit Acceptance.</p>
<p>Analysts have provided Credit Acceptance with 1 ratings, resulting in a consensus rating of Sell. The average one-year price target stands at $400.0, suggesting a potential 14.09% downside.</p>
<h3>Analyzing Ratings Among Peers</h3>
<p>In this analysis, we delve into the analyst ratings and average 1-year price targets of FirstCash Hldgs and Enova International, three key industry players, offering insights into their relative performance expectations and market positioning.</p>
<ul>
<li>For FirstCash Hldgs, analysts project an Buy trajectory, with an average 1-year price target of $130.0, indicating a potential 72.08% downside.</li>
<li>Enova International is maintaining an Buy status according to analysts, with an average 1-year price target of $101.6, indicating a potential 78.18% downside.</li>
</ul>
<h3>Snapshot: Peer Analysis</h3>
<p>The peer analysis summary presents essential metrics for FirstCash Hldgs and Enova International, unveiling their respective standings within the industry and providing valuable insights into their market positions and comparative performance.</p>
<p>
<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Credit Acceptance</td>
<td>Sell</td>
<td>12.42%</td>
<td>$330.70M</td>
<td>-2.94%</td>
</tr>
<tr>
<td>FirstCash Hldgs</td>
<td>Buy</td>
<td>0.76%</td>
<td>$395.40M</td>
<td>3.26%</td>
</tr>
<tr>
<td>Enova International</td>
<td>Buy</td>
<td>25.13%</td>
<td>$323.45M</td>
<td>3.73%</td>
</tr>
</tbody>
</table>
</p>
<p>Key Takeaway:</p>
<p>Credit Acceptance ranks at the bottom for Revenue Growth among its peers. It also has the lowest Gross Profit margin. However, it has the highest Return on Equity compared to its peers.</p>
<h3>All You Need to Know About Credit Acceptance</h3>
<p>Credit Acceptance Corp is a consumer finance company that specializes in automobile loans. These loans are offered through a U.S. nationwide network of automobile dealers that benefit from sales of vehicles to consumers who could otherwise not obtain financing. The company also benefits from repeat and referral sales, and from sales to customers responding to advertisements for financing, but qualify for traditional financing. The company derives its revenue from finance charges, premiums earned on the reinsurance of vehicle service contracts, and other fees. Of these, financing charges, including servicing fees, are by far a source of revenue.</p>
<h3>Financial Milestones: Credit Acceptance's Journey</h3>
<p><strong>Market Capitalization:</strong> With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.</p>
<p><strong>Revenue Growth:</strong> Credit Acceptance displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately <strong>12.42%</strong>. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Financials sector.</p>
<p><strong>Net Margin:</strong> Credit Acceptance's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of <strong>-8.87%,</strong> the company may face hurdles in effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Credit Acceptance's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of <strong>-2.94%,</strong> the company may face hurdles in achieving optimal financial performance.</p>
<p><strong>Return on Assets (ROA):</strong> Credit Acceptance's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of <strong>-0.58%,</strong> the company may encounter challenges in delivering satisfactory returns from its assets.</p>
<p><strong>Debt Management:</strong> With a high debt-to-equity ratio of <strong>3.82</strong>, Credit Acceptance faces challenges in effectively managing its debt levels, indicating potential financial strain.</p>
<p><a href="https://www.benzinga.com/quote/CACC/earnings"><strong>To track all earnings releases for Credit Acceptance visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Preview: Credit Acceptance's Earnings

<p>Revealing a significant insider sell on September 19, <strong>Prescott General Partners LLC</strong>, 10% Owner at <strong>Credit Acceptance</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CACC#NASDAQ">CACC</a>), as per the latest SEC filing.</p>
<p><strong>What Happened:</strong> LLC's decision to sell 11,586 shares of <strong>Credit Acceptance</strong> was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000885550/000110465924101329//Archives/edgar/data/885550/000110465924101329/0001104659-24-101329-index.htm">U.S. Securities and Exchange Commission</a> on Thursday. The total value of the sale is $5,154,730.</p>
<p>Monitoring the market, <strong>Credit Acceptance</strong>'s shares down by 0.0% at $464.21 during Friday's morning.</p>
<h3>Discovering Credit Acceptance: A Closer Look</h3>
<p>Credit Acceptance Corp is a consumer finance company that specializes in automobile loans. These loans are offered through a U.S. nationwide network of automobile dealers that benefit from sales of vehicles to consumers who could otherwise not obtain financing. The company also benefits from repeat and referral sales, and from sales to customers responding to advertisements for financing, but qualify for traditional financing. The company derives its revenue from finance charges, premiums earned on the reinsurance of vehicle service contracts, and other fees. Of these, financing charges, including servicing fees, are by far a source of revenue.</p>
<h3>Key Indicators: Credit Acceptance's Financial Health</h3>
<p><strong>Revenue Growth:</strong> Over the 3 months period, Credit Acceptance showcased positive performance, achieving a revenue growth rate of <strong>12.42%</strong> as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.</p>
<p><strong>Key Insights into Profitability Metrics:</strong></p>
<ul>
<li>
<p><strong>Gross Margin:</strong> The company maintains a high gross margin of <strong>62.24%</strong>, indicating strong cost management and profitability compared to its peers.</p>
</li>
<li>
<p><strong>Earnings per Share (EPS):</strong> Credit Acceptance's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of <strong>-3.83</strong>.</p>
</li>
</ul>
<p><strong>Debt Management:</strong> The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of <strong>3.82</strong>, caution is advised due to increased financial risk.</p>
<p><strong>Assessing Valuation Metrics:</strong></p>
<ul>
<li>
<p><strong>Price to Earnings (P/E) Ratio:</strong> The current P/E ratio of <strong>33.04</strong> is below industry norms, indicating potential undervaluation and presenting an investment opportunity.</p>
</li>
<li>
<p><strong>Price to Sales (P/S) Ratio:</strong> With a higher-than-average P/S ratio of <strong>2.97</strong>, Credit Acceptance's stock is perceived as being overvalued in the market, particularly in relation to sales performance.</p>
</li>
<li>
<p><strong>EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization):</strong> A high EV/EBITDA ratio of <strong>42.5</strong> positions the company as being more valued compared to industry benchmarks.</p>
</li>
</ul>
<p><strong>Market Capitalization Analysis:</strong> Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.</p>
<p><a href="https://www.schwab.com/brokerage?aff=XEC"><em>Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</em></a></p>
<h3>Delving Into the Significance of Insider Transactions</h3>
<p>Insider transactions serve as a piece of the puzzle in investment decisions, rather than the entire picture.</p>
<p>Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.</p>
<p>Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.</p>
<p>But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.</p>
<h3>The Insider's Guide to Important Transaction Codes</h3>
<p>Taking a closer look at transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, meticulously cataloged in Table I of the Form 4 filing. A <strong>P</strong> in Box 3 denotes a purchase, while <strong>S</strong> signifies a sale. Transaction code <strong>C</strong> denotes the conversion of an option, and transaction code <strong>A</strong> signifies a grant, award, or other acquisition of securities from the company.</p>
<p><a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000885550"><strong>Check Out The Full List Of Credit Acceptance's Insider Trades.</strong></a></p>
<p><strong>Insider Buying Alert: Profit from C-Suite Moves</strong></p>
<p>Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Insider Trades

Trading Ideas

Insider Decision: Prescott General Partners LLC Offloads $5.15M Worth Of Credit Acceptance Stock

<p><strong>Thomas W Smith</strong>, 10% Owner at <strong>Credit Acceptance</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CACC#NASDAQ">CACC</a>), executed a substantial insider sell on September 11, according to an SEC filing.</p>
<p><strong>What Happened:</strong> Smith's decision to sell 1,200 shares of <strong>Credit Acceptance</strong> was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000885550/000110465924098951//Archives/edgar/data/885550/000110465924098951/0001104659-24-098951-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The total value of the sale is $541,208.</p>
<p>Monitoring the market, <strong>Credit Acceptance</strong>'s shares down by 0.0% at $420.93 during Thursday's morning.</p>
<h3>About Credit Acceptance</h3>
<p>Credit Acceptance Corp is a consumer finance company that specializes in automobile loans. These loans are offered through a U.S. nationwide network of automobile dealers that benefit from sales of vehicles to consumers who could otherwise not obtain financing. The company also benefits from repeat and referral sales, and from sales to customers responding to advertisements for financing, but qualify for traditional financing. The company derives its revenue from finance charges, premiums earned on the reinsurance of vehicle service contracts, and other fees. Of these, financing charges, including servicing fees, are by far a source of revenue.</p>
<h3>Financial Milestones: Credit Acceptance's Journey</h3>
<p><strong>Revenue Growth:</strong> Credit Acceptance's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately <strong>12.42%</strong>. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.</p>
<p><strong>Navigating Financial Profits:</strong></p>
<ul>
<li>
<p><strong>Gross Margin:</strong> The company sets a benchmark with a high gross margin of <strong>62.24%</strong>, reflecting superior cost management and profitability compared to its peers.</p>
</li>
<li>
<p><strong>Earnings per Share (EPS):</strong> With an EPS below industry norms, Credit Acceptance exhibits below-average bottom-line performance with a current EPS of <strong>-3.83</strong>.</p>
</li>
</ul>
<p><strong>Debt Management:</strong> Credit Acceptance's debt-to-equity ratio surpasses industry norms, standing at <strong>3.82</strong>. This suggests the company carries a substantial amount of debt, posing potential financial challenges.</p>
<p><strong>Valuation Metrics:</strong></p>
<ul>
<li>
<p><strong>Price to Earnings (P/E) Ratio:</strong> The Price to Earnings ratio of <b><strong>30.04</strong></b> is lower than the industry average, indicating potential undervaluation for the stock.</p>
</li>
<li>
<p><strong>Price to Sales (P/S) Ratio:</strong> The current P/S ratio of <strong>2.7</strong> is above industry norms, reflecting an elevated valuation for Credit Acceptance's stock and potential overvaluation based on sales performance.</p>
</li>
<li>
<p><strong>EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization):</strong> At <strong>40.63</strong>, the company's EV/EBITDA ratio outperforms industry norms, reflecting positive market perception. This positioning indicates optimistic expectations for the company's future performance.</p>
</li>
</ul>
<p><strong>Market Capitalization:</strong> With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.</p>
<p><a href="https://www.schwab.com/brokerage?aff=XEC"><em>Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</em></a></p>
<h3>Delving Into the Significance of Insider Transactions</h3>
<p>While insider transactions provide valuable information, they should be part of a broader analysis in making investment decisions.</p>
<p>In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.</p>
<p>When a company insider makes a new purchase, that is an indication that they expect the stock to rise.</p>
<p>Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down.  </p>
<h3>Understanding Crucial Transaction Codes</h3>
<p>In the domain of transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their focus to those taking place in the open market, as meticulously outlined in Table I of the Form 4 filing. A <strong>P</strong> in Box 3 indicates a purchase, while <strong>S</strong> signifies a sale. Transaction code <strong>C</strong> signals the conversion of an option, and transaction code <strong>A</strong> denotes a grant, award, or other acquisition of securities from the company.</p>
<p><a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000885550"><strong>Check Out The Full List Of Credit Acceptance's Insider Trades.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Credit Acceptance 10% Owner Sold $541K In Company Stock

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Financing

Press Releases

Credit Acceptance Announces Pricing of $500.0 Million Senior Notes Offering

Credit Acceptance Announces Conditional Notice of Redemption for Outstanding Senior Notes Due 2026

Credit Acceptance Announces Closing of $500.0 Million Senior Notes Offering and Completion of Redemption of Senior Notes Due 2026

Credit Acceptance Named 2025 Top Workplaces USA Award Winner

Credit Acceptance Announces Completion of $400.0 Million Asset-Backed Financing

Credit Acceptance Celebrates Being Named No. 34 on Fortune's 2025 100 Best Companies to Work For® List

Credit Acceptance Announces Timing of First Quarter 2025 Earnings Release and Webcast

Credit Acceptance Recognized with Multiple 2025 Top Workplaces Spring Culture Excellence Awards

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