Credit Acceptance Corporation which can be found using ticker (CACC) now have 5 analysts in total covering the stock. The consensus rating is pointing to ‘hold’. The range between the high target price and low target price is between 463 and 367 suggesting an average Analsyt target price of $422.00. Given that the stocks previous close was at $443.84 this now indicates there is a potential downside of -4.9%. It’s also worth noting that there is a 50 day moving average of $443.01 and the 200 moving average now moves to $465.07. The total market capitalization for the company now stands at 5.66B. The stock price for Iron Mountain Incorporated is 441.19 USD
The potential market cap would be $5,385,079,750 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 13.53, revenue per share of 79.22 and a 5.93% return on assets.
Credit Acceptance Corporation is engaged in offering financing programs that enable automobile dealers to sell vehicles to consumers. The Company’s financing programs are offered through a nationwide network of automobile dealers. The Company offers two programs: the Portfolio Program and the Purchase Program. Under the Portfolio Program, the Company advances money to dealers, which is referred to as dealer loan in exchange for the right to service the underlying consumer loans. Under the Purchase Program, the Company buys the consumer loans from the dealers, which is referred to as a purchased loan and keep all amounts collected from the consumer. Its target market consists of approximately 60,000 independent and franchised automobile dealers in the United States. The Company has market area managers located throughout the United States that market its programs to dealers, enroll new dealers, and support active dealers.
