Jefferies (NYSE:JEF) analyst John Hecht maintained a Hold rating on Credit Acceptance (NASDAQ:CACC) Corp. on Tuesday, setting a price target of $545, which is approximately 15.20% below the present share price of $642.69.
Hecht expects Credit Acceptance Corp. to post earnings per share (EPS) of $15.83 for the fourth quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Moderate Sell rating of shares in Credit Acceptance, with an average price target of $459.75.
The analysts price targets range from a high of $545 to a low of $355.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $469.9 million and a net profit of $332 million. The company's market cap is $9.34 billion.
According to TipRanks.com, Jefferies analyst John Hecht is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 15.5% and a 66.84% success rate.
Credit Acceptance Corp. engages in the provision of dealer financing programs that enables automobile dealers to sell vehicles to consumers, regardless of its credit history. Its financing programs are offered through a nationwide network of automobile dealers who benefit from sales of vehicles to consumers. The company was founded by Donald A. Foss in 1972 and is headquartered in Southfield, MI.