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Avis Budget (CAR)
NASDAQ:CAR
Holding CAR?
Track your performance easily
CAR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$65.73 - $188.36
Previous Close$80.98
Volume1.41M
Average Volume (3M)676.88K
Market Cap
$2.84B
Enterprise Value$10.56B
Total Cash (Recent Filing)$646.00M
Total Debt (Recent Filing)$8.36B
Price to Earnings (P/E)7.4
Beta2.06
Next Earnings
Feb 17, 2025EPS Estimate
-$1.03Last Dividend Ex-Date
Dec 14, 2023Dividend YieldN/A
Share Statistics
EPS (TTM)10.94
Shares Outstanding35,139,198
10 Day Avg. Volume947,007
30 Day Avg. Volume676,884
Standard Deviation0.23
R-Squared0.25
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)-11.96
Price to Sales (P/S)0.24
Price to Cash Flow (P/CF)0.60
P/FCF Ratio0.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.87
Enterprise Value/Gross Profit1.11
Enterprise Value/Ebitda2.06
Forecast
1Y Price Target
$127.17Price Target Upside57.04% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Avis Budget News
PremiumCompany Announcements
Avis Budget Group Reports Solid Q3 Results
Ownership Overview
3.19% Insiders
13.17% Mutual Funds
62.68% Other Institutional Investors
4.95% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CAR FAQ
What was Avis Budget’s price range in the past 12 months?
Avis Budget lowest stock price was $65.73 and its highest was $188.36 in the past 12 months.
What is Avis Budget’s market cap?
Currently, no data Available
When is Avis Budget’s upcoming earnings report date?
Avis Budget’s upcoming earnings report date is Feb 17, 2025 which is in 58 days.
How were Avis Budget’s earnings last quarter?
Avis Budget released its earnings results on Oct 31, 2024. The company reported $7.238 earnings per share for the quarter, missing the consensus estimate of $8.261 by -$1.023.
Is Avis Budget overvalued?
According to Wall Street analysts Avis Budget’s price is currently Undervalued.
Does Avis Budget pay dividends?
Avis Budget pays a Notavailable dividend of $10 which represents an annual dividend yield of N/A. See more information on Avis Budget dividends here
What is Avis Budget’s EPS estimate?
Avis Budget’s EPS estimate is -$1.03.
How many shares outstanding does Avis Budget have?
Avis Budget has 35,139,200 shares outstanding.
What happened to Avis Budget’s price movement after its last earnings report?
Avis Budget reported an EPS of $7.238 in its last earnings report, missing expectations of $8.261. Following the earnings report the stock price went up 10.916%.
Which hedge fund is a major shareholder of Avis Budget?
Among the largest hedge funds holding Avis Budget’s share is Par Capital Management Inc. It holds Avis Budget’s shares valued at 73M.
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Avis Budget Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$127.17 (57.04% Upside)
$127.17 (57.04% Upside)
Blogger Sentiment
Bullish
CAR Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 76.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.7%
Last 30 Days ▼ 8.5%
Last 30 Days ▼ 8.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-54.63%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
1.38%
Trailing 12-Months
Company Description
Avis Budget
Avis Budget Group, Inc. engages in the provision of vehicle sharing and rental services. It operates through the Americas and International segments. The Americas segment licenses the company's brands to third parties for vehicle rentals and and ancillary products and services in North America, South America, Central America, and the Caribbean. The International segment leases out vehicles in Europe, the Middle East, Africa, Asia, and Australasia. The company was founded by Warren E. Avis in 1946 and is headquartered in Parsippany, NJ.
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CAR Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflected a strong financial performance with record revenue and improved vehicle utilization, supported by strategic fleet management and operational efficiency improvements. However, challenges such as decreased pricing, increased fleet holding costs, and temporary impacts from hurricanes were noted. The company remains optimistic about future performance with a favorable fleet buy and strong international growth.Read More>---
CAR Revenue Breakdown
56.45% Avis
37.29% Budget
6.25% Other
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CAR Stock 12 Month Forecast
Average Price Target
$127.17
▲(57.04% Upside)
Technical Analysis
Best Analysts Covering CAR
1 Year
1 Year Success Rate
8/20 ratings generated profit
1 Year Average Return
+17.95%
reiterated a buy rating 30 days ago
Copying Adam Jonas's trades and holding each position for 1 Year would result in 40.00% of your transactions generating a profit, with an average return of +17.95% per trade.
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