Avis Budget Group, Inc. (CAR)

NASDAQ: CAR · Real-Time Price · USD
80.98
+0.04 (0.05%)
Dec 20, 2024, 4:00 PM EST - Market closed
0.05%
Market Cap 2.85B
Revenue (ttm) 11.84B
Net Income (ttm) 396.00M
Shares Out 35.14M
EPS (ttm) 11.08
PE Ratio 7.31
Forward PE 9.68
Dividend n/a
Ex-Dividend Date n/a
Volume 1,113,307
Open 80.51
Previous Close 80.94
Day's Range 80.03 - 84.37
52-Week Range 65.73 - 188.36
Beta 2.20
Analysts Buy
Price Target 130.71 (+61.41%)
Earnings Date Feb 10, 2025

About CAR

Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers in the Americas, Europe, the Middle East and Africa, Asia, and Australasia. It operates the Avis brand, that offers vehicle rental and other mobility solutions to the premium commercial and leisure segments of the travel industry; and the Zipcar brand, a car sharing network, as well as the Budget brand, a supplier of vehicle rental and other mobility solutions focused primarily on ... [Read more]

Sector Industrials
Founded 1946
Employees 24,500
Stock Exchange NASDAQ
Ticker Symbol CAR
Full Company Profile

Financial Performance

In 2023, Avis Budget Group's revenue was $12.01 billion, an increase of 0.12% compared to the previous year's $11.99 billion. Earnings were $1.63 billion, a decrease of -40.96%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for CAR stock is "Buy." The 12-month stock price forecast is $130.71, which is an increase of 61.41% from the latest price.

Price Target
$130.71
(61.41% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Of 63 Fortune 500 Industry Leaders, 57 Pay Dividends, 38 Are Cash Rich And 1 Is A Buy

AT&T, Altria Group, and Energy Transfer are top buys with dividends from $1K invested exceeding single share prices, meeting the dogcatcher ideal. Analysts forecast 15.47% to 28.33% net gains by Novem...

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4 weeks ago - Seeking Alpha

Canadian Apartment Properties Real Estate Investment Trust (CDPYF) Q3 2024 Earnings Call Transcript

Canadian Apartment Properties Real Estate Investment Trust (OTC:CDPYF) Q3 2024 Earnings Conference Call November 8, 2024 9:00 AM ET Company Participants Nicole Dolan - IR Mark Kenney - President and C...

6 weeks ago - Seeking Alpha

Avis Budget Group, Inc. (CAR) Q3 2024 Earnings Call Transcript

Avis Budget Group, Inc. (NASDAQ:CAR) Q3 2024 Earnings Conference Call November 1, 2024 8:30 AM ET Company Participants David Calabria - SVP, Corporate Finance and Treasurer Joe Ferraro - President an...

7 weeks ago - Seeking Alpha

Avis's stock slides after third-quarter earnings fall short of estimates

Avis Budget Group's stock was falling in after-hours trade Thursday, after the car-rental company's third-quarter earnings fell short of estimates.

7 weeks ago - Market Watch

Avis Budget Group Reports Third Quarter Results

PARSIPPANY, N.J., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced financial results for third quarter 2024 today.

7 weeks ago - GlobeNewsWire

Avis Budget Group to Announce Third Quarter 2024 Results on October 31st

PARSIPPANY, N.J., Oct. 25, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its third quarter 2024 results after the market close on Thursday, Oct...

2 months ago - GlobeNewsWire

Spain Car Rental Market Trends, Analysis, and Opportunity Forecast (2024-2029) Featuring Profiles of Key Players - Centauro Rent a Car, Rentspain, GoldCar Spain, Avis Car Rental, Budget Rent a Car System & More

Dublin, Oct. 21, 2024 (GLOBE NEWSWIRE) -- The "Spain Car Rental - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024-2029)" report has been added to ResearchAndMarkets.com's o...

2 months ago - GlobeNewsWire

Top 3 Industrials Stocks That May Rocket Higher In Q3

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

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3 months ago - Benzinga

Avis Budget Group Announces Pricing of $700 Million of Senior Notes

PARSIPPANY, N.J., Sept. 10, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budg...

3 months ago - GlobeNewsWire

Avis Budget Group Announces Intention to Offer $500 Million of Senior Notes

PARSIPPANY, N.J., Sept. 10, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budg...

3 months ago - GlobeNewsWire

Avis Rent A Car Data Breach Exposes Personal Information: Murphy Law Firm Investigates Legal Claims

OKLAHOMA CITY, Okla., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Murphy Law Firm is investigating claims on behalf of all individuals whose personal and confidential information was compromised in the data br...

3 months ago - GlobeNewsWire

Thousands of Avis car rental customers had personal data stolen in cyberattack

Car rental giant Avis is notifying hundreds of thousands of people that their personal information and driver's license numbers were stolen in an August cyberattack.

3 months ago - TechCrunch

Canadian Apartment Properties: We Still Prefer Northview When Playing The North

CAPREIT's operational performance remains solid, but Northview Residential REIT offers a more attractive risk/return profile in the Canadian residential REIT sector. Earnings update shows solid AMR gr...

4 months ago - Seeking Alpha

Canadian Apartment Properties Real Estate Investment Trust (CDPYF) Q2 2024 Earnings Call Transcript

Canadian Apartment Properties Real Estate Investment Trust (OTC:CDPYF) Q2 2024 Earnings Conference Call August 8, 2024 9:00 AM ET Company Participants Nicole Dolan - Investor Relations Mark Kenney - P...

4 months ago - Seeking Alpha

Avis Budget Group, Inc. (CAR) Q2 2024 Earnings Call Transcript

Avis Budget Group, Inc. (NASDAQ:CAR) Q2 2024 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants David Calabria - Senior Vice President, Corporate Finance and Treasurer Joseph Fer...

4 months ago - Seeking Alpha

Avis Budget Group Reports Second Quarter Results

PARSIPPANY, N.J., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced financial results for second quarter 2024 today.

4 months ago - GlobeNewsWire

Avis Budget Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Avis Budget Group, Inc. CAR is set to release earnings results for its second quarter, after the closing bell on Aug. 5, 2024.

4 months ago - Benzinga

Canadian Apartment Properties: A Story Of Three Tailwinds

Canadian housing sector faces an affordability crisis due to demographic, regulatory, and economic conditions. Population growth outpaces housing supply, leading to rising rents and low vacancy rates....

5 months ago - Seeking Alpha

Avis Budget Group to Announce Second Quarter 2024 Results on August 5th

PARSIPPANY, N.J., July 11, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its second quarter 2024 results after the market close on Monday, Augu...

5 months ago - GlobeNewsWire

Crown88, Asia's Premier Gaming Provider Collaborates with Taiwanese Influencer Avis in Expansion Endeavors

Singapore, Singapore--(Newsfile Corp. - June 20, 2024) - Crown88, a pioneer in the Online Gaming Industry since its inception in 2010, has been steadily broadening its reputable services across multip...

6 months ago - Newsfile Corp

Avis Budget Group Digital Transformation Strategy Analysis Report 2024: Accelerators, Incubators, Technology Centers and Other Innovation Programs

Dublin, June 17, 2024 (GLOBE NEWSWIRE) -- The "Avis Budget Group (Avis) - Digital Transformation Strategies" company profile has been added to ResearchAndMarkets.com's offering. The report provides co...

6 months ago - GlobeNewsWire

Avis Budget Group Announces Pricing of €200 Million of Senior Notes

PARSIPPANY, N.J., May 14, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) announced today that its wholly-owned subsidiary, Avis Budget Finance plc (the “Issuer”), price...

7 months ago - GlobeNewsWire

Avis Budget Group Announces Intention to Offer €200 Million of Senior Notes

PARSIPPANY, N.J., May 13, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) announced today that its wholly-owned subsidiary, Avis Budget Finance plc (the “Issuer”), inten...

7 months ago - GlobeNewsWire

Canadian Apartment Properties Real Estate Investment Trust (CDPYF) Q1 2024 Earnings Call Transcript

Canadian Apartment Properties Real Estate Investment Trust (OTC:CDPYF) Q1 2024 Earnings Conference Call May 9, 2024 9:00 AM ET Company Participants Nicole Dolan - Investor Relations Mark Kenney - Pres...

7 months ago - Seeking Alpha

Avis's stock soars as robust demand and improved pricing fuel revenue beat

Shares of Avis Budget Group Inc. rocketed Thursday, bouncing from a three-year low, after the car-rental company reported first-quarter revenue that beat expectations for the first time in a year as w...

8 months ago - Market Watch