Credit Acceptance Corporation (NASDAQ:CACC) has obtained a mean price target of $178.250 by market experts. The research group First Call has reached this mean recommendation by taking into account the recommendations of leading analysts in the market. These market experts have disclosed projected earnings of $3.990 a share for the near-term quarter and $15.760 for this year. Technical View The technical analysis of Credit Acceptance Corporation clearly shows that the moving average of 50-days of Credit Acceptance Corporation (NASDAQ:CACC) stock is $178.871, and stock is trading 4.964 or +2.775% off from $178.871. Coming to moving average of 200-days, it is $189.150, and the stock is $-5.315 or -2.810% off from this point. The 52-week high of Credit Acceptance Corporation (NASDAQ:CACC) was $277.980 while $159.430 is the low in the same period. This state Credit Acceptance Corporation shares price has to travel more than $-94.145 to register a new high of 52-weeks or drop $+15.308% to touch a new 52-week low point. MA here stands for moving average. Taking the Valuation Aspect To reach the estimation of Credit Acceptance Corporation, investors use price-to-earnings ratio, which is truncated as P/E ratio. It assesses shares price by the relative expense of the stock. Credit Acceptance Corporation (NASDAQ:CACC) ratio came in at 12.678, which was derived by dividing current price of stock by yearly earnings. Credit Acceptance Corporation stock recorded a close of $183.835 in last trading session, reaching a market cap of $3.76B. Investors calculate the Price-to-Earnings-Growth ratio to get a clear view on the valuation of a firm. In the case of a higher PEG ratio, the shareholders look to sell their stock holdings. The undervalued stock has a PEG ratio of 0 or 1 while the fairly valued stock has the ratio of 1 and 2. The Credit Acceptance Corporation (NASDAQ:CACC) PEG ratio is at 1.050.
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