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Strategies & Market Trends : Action & Options- Taxikid plays -- Ignore unavailable to you. Want to Upgrade?


To: taxikid who wrote (2460)10/24/1997 12:45:00 PM
From: Market Tracker  Respond to of 4339
 
FWIW here is the latest Zacks -

CREDIT ACCEPTANCE CORP (MICH) (CACC)
------------------------------------------------------------------------

CREDIT ACCEPT 10/18/97
ZACKS ANALYST WATCH

MEAN HIGH LOW NUMBER MEAN CHG
EST LAST MNTH
($)
FISC YR END 12/98 1.22 1.30 1.15 5 -0.04
FISC YR END 12/97 1.06 1.10 1.03 5 0.00
VS ACTUAL 12/96 0.89

QUARTER END 9/97 0.27 0.28 0.26 3 0.00
VS ACTUAL 9/96 0.23
QUARTER END 12/97 0.28 0.30 0.26 2 0.00
VS ACTUAL 12/96 0.25
NEXT 5 YR GRTH (%) 16.67 20.00 15.00 3 -2.08

ESTIMATES & ACTUALS ARE BOTH EPS BEFORE XTRAS & OTHER NRI'S

CREDIT ACCEPT 10/18/97
WALL STREET RECOMMENDATIONS
CACC RANKED 23/ 26 IN FIN-MISC SVCS IND RANKED 38/211






Z R
R+R I I N
-------- -------- -------- -------- --------
STRONG MODERATE HOLD MODERATE STRONG
BUY BUY SELL SELL
N = NATIONAL RETAIL BROKER; I = INSTITUTIONAL BROKER
R = REGIONAL BROKERAGE FIRM;
Z = ZACKS INDICATOR RANKING (EPS FORECAST REVISION MODEL)
( + UPGRADE SINCE LAST WEEK; - DOWNGRADE )

CREDIT ACCEPT 10/18/97
COMPANY VS INDUSTRY

---------- EPS GROWTH RATES --------
P/E ON
LAST 5 YRS 97/96 98/97 NXT 5 97
ACTUAL (%) (%) (%) YRS(%) EPS

COMPANY N/A 18.7 15.3 16.7 10.7

IND: FIN-MISC SVCS 25.8 5.4 27.1 20.5 19.2
(T=169)
S & P 500 12.6 11.9 7.3 7.6 20.9

------------------------------------------------------------
COMPANY-INDUSTRY N/A 13.2 -11.8 -3.9 -8.4

COMPANY-S&P N/A 6.7 8.1 9.1 -10.2

DISTRIBUTION OF EPS ESTIMATES
HISTOGRAM AS OF 10/18/97
CREDIT ACCEPT
FY1 - 9712 FY2 - 9812
5 ESTS. 5 ESTS.









OXXX O O X X X O
!-----!-----!-----!-----! !-----!-----!-----!-----!
1.03 1.08 1.13 1.18 1.23 1.15 1.20 1.25 1.30 1.35
"X" = EPS ESTIMATE ($) "O" = THREE MOST RECENT ESTS.

9/97 QTR: CREDIT ACCEPT 12/97 QTR:
EXP.REPT: 10/22/97 EXP.REPT: 1/22/98




O
X O X O
!-----!-----!-----!-----! !-----!-----!-----!-----!
0.26 0.31 0.36 0.41 0.46 0.26 0.31 0.36 0.41 0.46

MEAN 0.27 ( 3) MEAN 0.28 ( 2)
MOST ACC 0.27 ( 2) MOST ACC 0.30 ( 1)
------------------------------------------------------------
QTR END % SURPRISE ACTUAL ESTIMATE STD DEV. # ANALYSTS
9/97 N/A N/A 0.27 0.01 3
6/97 -2.50 0.26 0.27 0.01 6
3/97 0.00 0.26 0.26 0.00 3

CREDIT ACCEPT -NMS - 2.000 12/21/94 - 406 EMPLOYEES

PROVIDES FUNDING, RECEIVABLES MANAGEMENT, COLLECTION, SALES
TRAINING AND RELATED SERVICES TO AUTOMOBILE DEALERS.



YEAR EPS BEFORE XTRAS & NRI'S
-CUR- HI/LO 1ST 2ND 3RD 4TH YR(12)
PRICE 11 27/ 9 98 0.31E NA NA NA 1.22E
PRC/EPS 11 32/ 10 97 0.26 0.26 0.27E 0.28E 1.06E
REL P/E 0.5 1.8/0.5 96 0.20 0.22 0.23 0.25 0.89
YLD 0.00 IAD NA SINCE 10/87

DEC SLS(MM$) NET(MM$) EPS-XNRI EPS-REP DIV/SH HIGH LOW
96 123 41 0.89 0.89 NONE 28 19
95 85 29 0.68 0.68 NONE 27 19
94 54 20 0.49 0.49 NONE 19 11



To: taxikid who wrote (2460)10/24/1997 1:04:00 PM
From: peter n matzke  Read Replies (1) | Respond to of 4339
 
taxi i can't hep much but i have written over 3000 loans for myself and others over 7yrs
some payout and some don't but with high rates potential profits can be good, losses have not stopped me yet, its part of the business
it has provided a good income over the years
the time to worry would be if the economy turns south
if that happens you want to be out of this sector
best wishes