Home » Stocks » Avis Budget Group

Avis Budget Group, Inc. (CAR)

Stock Price: $25.90 USD -0.64 (-2.41%)
Updated Jul 31, 2020 4:00 PM EDT - Market closed
Pre-market: $25.95 +0.05 (0.19%) Aug 3, 7:00 AM

Stock Price Chart

Key Info

Market Cap 1.80B
Revenue (ttm) 7.43B
Net Income (ttm) -308.00M
Shares Out 69.67M
EPS (ttm) -4.23
PE Ratio n/a
Forward PE 3.39
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Jul 31, 2020
Last Price $25.90
Previous Close $26.54
Change ($) -0.64
Change (%) -2.41%
Day's Open 26.57
Day's Range 25.17 - 26.74
Day's Volume 5,531,396
52-Week Range 6.35 - 52.98

More Stats

Market Cap 1.80B
Enterprise Value 17.22B
Earnings Date (est) Nov 9, 2020
Ex-Dividend Date n/a
Shares Outstanding 69.67M
Float 95.98M
EPS (basic) -4.66
EPS (diluted) -4.23
FCF / Share 40.28
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield 155.29%
Payout Ratio n/a
Shares Short 16.16M
Short Ratio 2.99
Short % of Float 29.48%
Beta 2.30
PE Ratio n/a
Forward PE 3.39
P/FCF Ratio 0.64
PS Ratio 0.24
PB Ratio 6.54
Revenue 7.43B
Operating Income -326.00M
Net Income -308.00M
Free Cash Flow 2.80B
Net Cash -15.41B
Net Cash / Share -221.21
Gross Margin 35.89%
Operating Margin -4.39%
Profit Margin -4.10%
FCF Margin 37.72%
ROA 0.57%
ROE -276.23%
ROIC -1.00%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (7)

Buy 3
Overweight 0
Hold 4
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$36.17*
(39.65% upside)
Low
24.0
Current: $25.90
High
60.0
Target: 36.17
*Average 12-month price target from 6 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue9,1729,1248,8488,6598,5028,4857,9377,3575,9005,185
Revenue Growth0.53%3.12%2.18%1.85%0.2%6.9%7.88%24.69%13.79%-
Gross Profit2,0671,9921,8691,9461,9961,9561,7881,7651,366978
Operating Income477474402509599657472643255294
Net Income30216536116331324516.00290-29.0054.00
Shares Outstanding73.8377.3581.4287.89100106107106105103
Earnings Per Share3.982.064.251.752.982.220.152.42-0.280.49
EPS Growth93.2%-51.53%142.86%-41.28%34.23%1380%-93.8%---
Operating Cash Flow2,5862,6092,6482,6402,6272,5792,2531,8891,5781,640
Capital Expenditures-2,677-3,172-2,135-2,147-2,447-2,391-1,642-2,003-1,528-1,773
Free Cash Flow-91.00-563513493180188611-11450.00-133
Cash & Equivalents686615611490452624693606534911
Total Debt16,64313,78312,82012,40112,32111,40910,7319,7118,7697,017
Net Cash / Debt-15,957-13,168-12,209-11,911-11,869-10,785-10,038-9,105-8,235-6,106
Assets23,12619,14917,69917,64317,63416,84216,28415,21812,93810,327
Liabilities22,47018,73517,12617,42217,19516,17715,51314,46112,5269,917
Book Value656414573221439665771757412410
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Avis Budget Group, Inc.
Country United States
Employees 21,200
CEO Joseph A. Ferraro

Stock Information

Ticker Symbol CAR
Stock Exchange NASDAQ
Sector Industrials
Industry Rental & Leasing Services
Unique Identifier NASDAQ: CAR

Description

Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers. It operates the Avis brand, a vehicle rental system that supply rental cars to the premium commercial and leisure segments of the travel industry; the Budget Truck brand, a local and one-way truck rental businesses with a fleet of approximately 20,000 vehicles, which are rented through a network of approximately 575 dealer-operated and 420 company-operated locations that serve the consumer and light commercial sectors in the continental United States; and the Zipcar brand, a car sharing network. The company also operates various other car rental brands, such as Payless, Apex, Maggiore, Morini Rent, FranceCars, and Turiscar. In addition, it offers optional insurance products and coverages, such as supplemental liability, personal accident, personal effects protection, emergency sickness protection, and cargo insurance products; fuel service options, chauffeur drive services, roadside assistance services, electronic toll collection services, curbside delivery, tablet rentals, access to satellite radio, portable navigation units, and child safety seat rentals; automobile towing equipment and other moving accessories, such as hand trucks, furniture pads, and moving supplies; and Business Intelligence solution, an online portal for corporate travel. Avis Budget Group, Inc. operates in approximately 5,500 locations worldwide. The company was formerly known as Cendant Corporation and changed its name to Avis Budget Group, Inc. in September 2006. Avis Budget Group, Inc. was founded in 1946 and is headquartered in Parsippany, New Jersey.