Avis Budget Group, Inc. (CAR)
Market Cap | 3.62B |
Revenue (ttm) | 12.01B |
Net Income (ttm) | 1.63B |
Shares Out | 35.47M |
EPS (ttm) | 42.08 |
PE Ratio | 2.43 |
Forward PE | 6.32 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 628,639 |
Open | 102.16 |
Previous Close | 101.65 |
Day's Range | 98.84 - 103.46 |
52-Week Range | 98.87 - 244.95 |
Beta | 2.23 |
Analysts | Buy |
Price Target | 172.86 (+69.32%) |
Earnings Date | May 3, 2024 |
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]
Financial Performance
In 2023, CAR'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 StatementsAnalyst Forecast
According to 7 analysts, the average rating for CAR stock is "Buy." The 12-month stock price forecast is $172.86, which is an increase of 69.32% from the latest price.
News
Avis Budget Group to Announce First Quarter 2024 Results on May 1st
PARSIPPANY, N.J., April 19, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its first quarter 2024 results after the market close on Wednesday, M...
Top 2 Industrials Stocks That May Explode This Quarter - OceanPal (NASDAQ:OP), Avis Budget Gr (NASDAQ:CAR)
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.
A Hedge Fund Made a Killing on Avis Stock. Now the Trade Is Backfiring.
Karthik Sarma concentrates on a small number of stocks, and one has cost him more than $1 billion on paper in 2024.
Avis Budget Group Announces Pricing of €600 Million of Senior Notes
PARSIPPANY, N.J., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) announced today that its wholly-owned subsidiary, Avis Budget Finance plc (the “Issuer”), pric...
Avis Budget Group Announces Intention to Offer €400 Million of Senior Notes
PARSIPPANY, N.J., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) announced today that its wholly-owned subsidiary, Avis Budget Finance plc (the “Issuer”), inte...
Hertz's stock headed for fresh closing low after being caught in downdraft created by Avis
Hertz Global Holdings Inc.'s stock tumbled 12% Tuesday to put it on track for a record-low close, pulled down by bad news from its smaller rival, Avis Budget Group Inc.
Avis's stock drops after company sells record number of cars into a tough used-car market
Avis Budget Group Inc. investors were having their worst day in four years on Tuesday, after the car-rental company said it sold a record number of vehicles during the fourth quarter in a bad market f...
Avis Budget beats profit estimates in Q4
Avis Budget Group Inc (NASDAQ: CAR) is trading down in extended hours even though it reported it better-than-expected financial results for its fiscal fourth quarter. Why is Avis Budget stock down in ...
Avis Budget Group Reports Fourth Quarter and Full Year Results
PARSIPPANY, N.J., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) today announced financial results for the fourth quarter and full year ended December 31, 2023.
Terranueva annonce le résultat favorable de l'assemblée des créanciers tenue suite au dépôt d'un avis d'intention
MONTRÉAL, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Terranueva Corporation (CSE: TEQ) (« Terranueva » ou la « Société ») est heureuse d'annoncer que l'assemblée des créanciers tenue aujourd'hui a accepté à 86...
Avis Budget Group to Announce Fourth Quarter 2023 Results on February 12th
PARSIPPANY, N.J., Jan. 12, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its fourth quarter 2023 results after the market close on Monday, Febr...
World's Leading Car-Sharing Network, Zipcar, Unveils Electric Vehicle Initiative in Select Cities Nationwide
Nearly 25 Years of Expertise in Fleet Management, Subscription Model Membership and Partnerships Propels Zipcar to Launch EVs in Cities, Universities and Businesses Across the U.S. BOSTON , Dec. 14, 2...
Avis Stock Pops on Special Cash Dividend
The car rental company says the dividend is payable on Dec. 21 to stockholders of record as of Dec. 15.
Avis Budget Group announces special dividend of $10 per share
The special dividend is payable on Dec. 21 to shareholders of record as of the close of business on Dec. 15, the company said Tuesday.
Avis Budget Group Announces Special Cash Dividend
PARSIPPANY, N.J., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) today announced the declaration by its Board of Directors of a special cash dividend of $10.00...
Avis Budget Group Announces Pricing of $500 Million of Senior Notes
PARSIPPANY, N.J., Nov. 15, 2023 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budge...
Avis Budget Group Announces Intention to Offer $500 Million of Senior Notes
PARSIPPANY, N.J., Nov. 15, 2023 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budge...
Dow transports have best week in a year, to snap longest weekly losing streak in 5 years
The Dow Jones Transportation Average DJT, +1.78% rallied 1.7% in afternoon trading, with 18 of 20 components gaining ground, as part of a broader stock market rally. The index was headed for a fifth-s...
Avis Budget Group Reports Third Quarter Results
PARSIPPANY, N.J., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced financial results for third quarter 2023 today.
Avis Budget Group Announces Management Realignment
Izzy Martins to be appointed EVP & CFO and Brian Choi to be appointed EVP & Chief Transformation Officer Jagdeep Pahwa to become Chairman and Bernardo Hees to continue as Board Member PARSIPPANY, N.J....
Zipcar was fined $300,000 for renting out recalled vans that could lose power on the road or move while in park: NHTSA
Zipcar let customers rent Ford Transit vans that were being recalled, the NHTSA said. The vans were being recalled over a safety issue that could make them lose power on the road. Zipcar has been fine...
Zipcar fined after allowing customers to rent vehicles that had open recalls
NEW YORK — Zipcar has been slapped with a $300,000 fine after U.S. regulators found that the car-sharing company allowed customers to rent vehicles that had open recalls, violating federal motor safet...
Avis Budget Group to Announce Third Quarter 2023 Results on November 1st
PARSIPPANY, N.J., Oct. 09, 2023 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its third quarter 2023 results after the market close on Wednesday, No...
In Honor of Globally Recognized "Car-Free Day," Zipcar Releases New Data about The Impact of Car Sharing on Traffic and Parking Competition in New York City
Car-sharing New Yorkers spend half as much on transportation than car-owning counterparts and free city spatial equivalent of seven hometown baseball stadiums NEW YORK , Sept. 19, 2023 /PRNewswire/ --...