Credit Acceptance Stock Shares Outstanding
| CACC Stock | USD 535.48 0.92 0.17% |
Credit Acceptance fundamentals help investors to digest information that contributes to Credit Acceptance's financial success or failures. It also enables traders to predict the movement of Credit Stock. The fundamental analysis module provides a way to measure Credit Acceptance's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Credit Acceptance stock.
The current year's Common Stock Shares Outstanding is expected to grow to about 25.7 M. Credit | Shares Outstanding |
Credit Acceptance Company Shares Outstanding Analysis
Credit Acceptance's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Credit Acceptance Shares Outstanding | 12.3 M |
Most of Credit Acceptance's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Credit Acceptance is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Credit Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Credit Acceptance is extremely important. It helps to project a fair market value of Credit Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Credit Acceptance's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Credit Acceptance's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Credit Acceptance's interrelated accounts and indicators.
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Credit Shares Outstanding Historical Pattern
Today, most investors in Credit Acceptance Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Credit Acceptance's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Credit Acceptance shares outstanding as a starting point in their analysis.
Credit Acceptance Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Credit Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Credit Acceptance has 12.3 M of shares currently outstending. This is 99.33% lower than that of the Consumer Finance sector and 96.09% lower than that of the Financials industry. The shares outstanding for all United States stocks is 97.85% higher than that of the company.
Credit Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Credit Acceptance's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Credit Acceptance could also be used in its relative valuation, which is a method of valuing Credit Acceptance by comparing valuation metrics of similar companies.Credit Acceptance is currently under evaluation in shares outstanding category among related companies.
Credit Acceptance Current Valuation Drivers
We derive many important indicators used in calculating different scores of Credit Acceptance from analyzing Credit Acceptance's financial statements. These drivers represent accounts that assess Credit Acceptance's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Credit Acceptance's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 8.4B | 6.2B | 11.1B | 6.5B | 6.9B | 7.3B | |
| Enterprise Value | 12.7B | 10.8B | 15.7B | 11.0B | 12.0B | 12.6B |
Credit Fundamentals
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.0394 | ||||
| Profit Margin | 0.32 % | ||||
| Operating Margin | 0.47 % | ||||
| Current Valuation | 11.66 B | ||||
| Shares Outstanding | 12.3 M | ||||
| Shares Owned By Insiders | 39.90 % | ||||
| Shares Owned By Institutions | 66.97 % | ||||
| Number Of Shares Shorted | 629.13 K | ||||
| Price To Earning | 12.00 X | ||||
| Price To Book | 3.90 X | ||||
| Price To Sales | 7.59 X | ||||
| Revenue | 1.9 B | ||||
| Gross Profit | 1.14 B | ||||
| EBITDA | 367.6 M | ||||
| Net Income | 286.1 M | ||||
| Cash And Equivalents | 4.1 M | ||||
| Cash Per Share | 0.32 X | ||||
| Total Debt | 5.07 B | ||||
| Debt To Equity | 3.15 % | ||||
| Current Ratio | 30.15 X | ||||
| Book Value Per Share | 140.04 X | ||||
| Cash Flow From Operations | 1.2 B | ||||
| Short Ratio | 9.70 X | ||||
| Earnings Per Share | 21.99 X | ||||
| Price To Earnings To Growth | 1.15 X | ||||
| Target Price | 491.0 | ||||
| Number Of Employees | 2.23 K | ||||
| Beta | 1.45 | ||||
| Market Capitalization | 6.6 B | ||||
| Total Asset | 7.61 B | ||||
| Retained Earnings | 1.48 B | ||||
| Working Capital | 7.04 B | ||||
| Current Asset | 232 M | ||||
| Current Liabilities | 127.8 M | ||||
| Net Asset | 7.61 B |
About Credit Acceptance Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Credit Acceptance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Credit Acceptance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Credit Acceptance based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Credit Acceptance
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Credit Acceptance position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Credit Acceptance will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Credit Acceptance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Credit Acceptance when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Credit Acceptance - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Credit Acceptance to buy it.
The correlation of Credit Acceptance is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Credit Acceptance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Credit Acceptance moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Credit Acceptance can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Credit Acceptance Piotroski F Score and Credit Acceptance Altman Z Score analysis. For information on how to trade Credit Stock refer to our How to Trade Credit Stock guide.Note that the Credit Acceptance information on this page should be used as a complementary analysis to other Credit Acceptance's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Credit Stock analysis
When running Credit Acceptance's price analysis, check to measure Credit Acceptance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Credit Acceptance is operating at the current time. Most of Credit Acceptance's value examination focuses on studying past and present price action to predict the probability of Credit Acceptance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Credit Acceptance's price. Additionally, you may evaluate how the addition of Credit Acceptance to your portfolios can decrease your overall portfolio volatility.
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Is Credit Acceptance's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Credit Acceptance. If investors know Credit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Credit Acceptance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.24) | Earnings Share 21.99 | Revenue Per Share 69.418 | Quarterly Revenue Growth (0.11) | Return On Assets 0.0394 |
The market value of Credit Acceptance is measured differently than its book value, which is the value of Credit that is recorded on the company's balance sheet. Investors also form their own opinion of Credit Acceptance's value that differs from its market value or its book value, called intrinsic value, which is Credit Acceptance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Credit Acceptance's market value can be influenced by many factors that don't directly affect Credit Acceptance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Credit Acceptance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Credit Acceptance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Credit Acceptance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.