Avis Budget Group, Inc. (CAR)

NASDAQ: CAR · IEX Real-Time Price · USD
138.25
-0.70 (-0.50%)
At close: Sep 23, 2022 4:00 PM
137.11
-1.14 (-0.82%)
After-hours: Sep 23, 2022 7:44 PM EDT
-0.50%
Market Cap 6.68B
Revenue (ttm) 11.25B
Net Income (ttm) 2.36B
Shares Out 48.31M
EPS (ttm) 41.44
PE Ratio 3.34
Forward PE 6.51
Dividend n/a
Ex-Dividend Date n/a
Volume 1,017,453
Open 133.75
Previous Close 138.95
Day's Range 131.83 - 139.12
52-Week Range 112.17 - 545.11
Beta 2.14
Analysts Sell
Price Target 233.92 (+69.2%)
Earnings Date Oct 31, 2022

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. It operates the Avis brand, that offers vehicle rental and other mobility solutions to the premium commercial and leisure segments of the travel industry; the Budget Truck brand, a local, and one-way truck and cargo van rental businesses with a fleet of approximately 20,000 vehicles, which are rented through a network of approximately 465 dealer-operated and 385 company-operated l... [Read more...]

Industry Road & Rail
Founded 1946
CEO Joseph Ferraro
Employees 16,000
Stock Exchange NASDAQ
Ticker Symbol CAR
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for CAR stock is "Sell." The 12-month stock price forecast is 233.92, which is an increase of 69.20% from the latest price.

Price Target
$233.92
(69.20% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Here's Why Investors Should Buy Avis Budget (CAR) Stock Now

Pro-investor steps and fleet expansion bode well for Avis Budget (CAR) stock.

3 days ago - Zacks Investment Research

Zipcar, the Largest Campus Car-Sharing Provider, Invests in Gen Z's Drive to Impact Community

"Students with Drive" Campaign Launches to Support Mission-Driven College Leaders BOSTON , Sept. 21, 2022 /PRNewswire/ -- Zipcar, the world's leading car-sharing network and the largest campus car-shari...

3 days ago - PRNewsWire

5 Must-Buy Stocks With Solid Fundamentals Amid Market Mayhem

We have narrowed our search to five U.S. corporate that have strong growth potential for the rest of 2022. These are: MPC, CAR, UNM, URI and CIVI.

Other symbols: CIVIMPCUNMURI
3 days ago - Zacks Investment Research

Is Avis Budget (CAR) a Solid Growth Stock? 3 Reasons to Think "Yes"

Avis Budget (CAR) possesses solid growth attributes, which could help it handily outperform the market.

1 week ago - Zacks Investment Research

4 Stocks to Buy as Services Sector Activity Continues to Expand

The services sector is expanding on higher orders, helping stocks like SPS Commerce, Inc. (SPSC), Avis Budget Group, Inc. (CAR), comScore, Inc. (SCOR) and ZipRecruiter, Inc. (ZIP).

Other symbols: SCORSPSCZIP
2 weeks ago - Zacks Investment Research

3 Momentum Anomaly Picks as Markets Shrug Off Rate Hike Fears

Target Hospitality (TH), BancFirst (BANF) and Avis Budget (CAR) are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.

Other symbols: BANFTH
2 weeks ago - Zacks Investment Research

Shrug Off Market Gyrations With These Top 5 Value Stocks

We have narrowed our search to five value stocks. These are: UNM, URI, MPC, PPC and CAR.

Other symbols: MPCPPCUNMURI
2 weeks ago - Zacks Investment Research

Avis Budget (CAR) Could Find Support Soon, Here's Why You Should Buy the Stock Now

Avis Budget (CAR) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a tr...

3 weeks ago - Zacks Investment Research

Avis Budget (CAR) Down 1.8% Since Last Earnings Report: Can It Rebound?

Avis Budget (CAR) reported earnings 30 days ago. What's next for the stock?

3 weeks ago - Zacks Investment Research

3 Momentum Anomaly Picks as Markets Remain Wary of Fed Hike

Otter Tail (OTTR), Marten Transport (MRTN) and Avis Budget (CAR) are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.

Other symbols: MRTNOTTR
1 month ago - Zacks Investment Research

Can Avis Budget (CAR) Climb 26% to Reach the Level Wall Street Analysts Expect?

The average of price targets set by Wall Street analysts indicates a potential upside of 26.2% in Avis Budget (CAR). While the effectiveness of this highly sought-after metric is questionable, the posit...

1 month ago - Zacks Investment Research

Here's Why You Should Hold WEX Stock in Your Portfolio for Now

Acquisitions are contributing significantly to WEX's revenue growth and enhancing the company's scalability.

Other symbols: CRAIGWEX
1 month ago - Zacks Investment Research

Why Fast-paced Mover Avis Budget (CAR) Is a Great Choice for Value Investors

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Avis Budget (CAR) could be a great choice. It is one of the several stocks that passed...

1 month ago - Zacks Investment Research

Avis Budget (CAR) is an Incredible Growth Stock: 3 Reasons Why

Avis Budget (CAR) possesses solid growth attributes, which could help it handily outperform the market.

1 month ago - Zacks Investment Research

Zipcar Launches Limited-Time Program, "Drive to Donate," to Benefit Southside Blooms

Members can directly support Chicago's South Side youth by booking Zipcars by the hour or the day CHICAGO , Aug. 9, 2022 /PRNewswire/ -- Zipcar, the world's leading car-sharing network, today announced ...

1 month ago - PRNewsWire

Zipcar Launches Limited-Time Program, "Drive to Donate," to Benefit Charles River Conservancy

Members can directly support the environmental sustainability of Boston's beloved river and parks by booking Zipcars by the hour or the day BOSTON , Aug. 9, 2022 /PRNewswire/ -- Zipcar, the world's lead...

1 month ago - PRNewsWire

Will Avis Budget (CAR) Gain on Rising Earnings Estimates?

Avis Budget (CAR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

1 month ago - Zacks Investment Research

Best Value Stocks to Buy for August 8th

CAR, SATS and SVC made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 8, 2022.

Other symbols: SATSSVC
1 month ago - Zacks Investment Research

Should Value Investors Buy Avis Budget Group (CAR) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

1 month ago - Zacks Investment Research

Why Avis Budget Stock Crashed Today

At 4.5 times current-year earnings, Avis Budget stock looks like a bargain.

1 month ago - The Motley Fool

Avis Budget Group (CAR) Q2 Earnings Beat Mark, Increase Y/Y

Avis Budget Group's (CAR) second-quarter 2022 revenues surge year over year on higher revenues per day and strong demand.

1 month ago - Zacks Investment Research

Avis Budget Group (CAR) Q2 Earnings and Revenues Beat Estimates

Avis Budget (CAR) delivered earnings and revenue surprises of 30.44% and 5.18%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Avis Budget stock climbs after big earnings beat

Shares of Avis Budget Group Inc. CAR, -0.52% were up more than 4% in after-hours trading Monday after the company easily topped profit expectations for its latest quarter. The rental-car company posted ...

1 month ago - Market Watch

Avis Budget Group Reports Record Second Quarter Results

PARSIPPANY, N.J., Aug. 01, 2022 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) today announced financial results for second quarter 2022.

1 month ago - GlobeNewsWire

Why Earnings Season Could Be Great for Avis Budget (CAR)

Avis Budget (CAR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

1 month ago - Zacks Investment Research