Credit Acceptance (CACC) Stock Forecast & Price Target

$461.07

+5.34 (+1.17%)

(As of 12/8/2023 ET)

Today's Range: $452.21
▼
$462.83
50-Day Range: $397.06
▼
$473.90
52-Week Range: $358.00
▼
$576.05

Volume: 44,955 shs
Average Volume: 45,687 shs
Market Capitalization: $5.80 billion

P/E Ratio: 18.97
Dividend Yield: N/A
Price Target: $381.75

Credit Acceptance Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Reduce
Based on 3 Analyst Ratings

Analysts' Consensus Price Target

$381.75
-17.20% Downside

High Forecast	$440.00
Average Forecast	$381.75
Low Forecast	$347.00

Type	Current Forecast 12/9/22 to 12/9/23	1 Month Ago 11/9/22 to 11/9/23	3 Months Ago 9/10/22 to 9/10/23	1 Year Ago 12/9/21 to 12/9/22
Consensus Rating	Reduce	Reduce	Reduce	Reduce
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$381.75	$381.75	$400.00	$405.33
Predicted Upside	-17.20% Downside	-8.22% Downside	-15.07% Downside	-11.95% Downside

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CACC Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CACC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Credit Acceptance Stock vs. The Competition

Type	Credit Acceptance	Finance Companies	S&P 500
Consensus Rating Score	1.67	2.41	2.49
Consensus Rating	Reduce	Hold	Hold
Predicted Upside	-17.20% Downside	2,745.15% Upside	3,819.09% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
11/1/2023	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Underperform	$360.00	-10.54%
10/31/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Market Perform ➝ Market Perform	$354.00 ➝ $347.00	-14.74%
10/31/2023	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Equal Weight ➝ Equal Weight	$440.00	+10.81%
5/2/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$400.00 ➝ $380.00	-23.81%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 08:33 AM ET.

CACC Price Target - Frequently Asked Questions

What is Credit Acceptance's consensus rating and price target?: According to the issued ratings of 3 analysts in the last year, the consensus rating for Credit Acceptance stock is Reduce based on the current 1 sell rating and 2 hold ratings for CACC. The average twelve-month price prediction for Credit Acceptance is $381.75 with a high price target of $440.00 and a low price target of $347.00. Learn more on CACC's analyst rating history.
Do Wall Street analysts like Credit Acceptance more than its competitors?: Analysts like Credit Acceptance less than other Finance companies. The consensus rating for Credit Acceptance is Reduce while the average consensus rating for finance companies is Hold. Learn more on how CACC compares to other companies.
Does Credit Acceptance's stock price have much downside?: According to analysts, Credit Acceptance's stock has a predicted downside of -8.22% based on their 12-month stock forecasts.

What analysts cover Credit Acceptance?: Credit Acceptance has been rated by BMO Capital Markets, Stephens, and TD Cowen in the past 90 days.

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This page (NASDAQ:CACC) was last updated on 12/9/2023 by MarketBeat.com Staff

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