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Avis Budget Group, Inc. (CAR)

Stock Price: $41.05 USD -0.75 (-1.79%)
Updated Jan 22, 2021 4:00 PM EST - Market closed
Market Cap 2.83B
Revenue (ttm) 6.21B
Net Income (ttm) -452.00M
Shares Out 69.67M
EPS (ttm) -6.33
PE Ratio n/a
Forward PE 3.39
Dividend n/a
Dividend Yield n/a
Trading Day January 22
Last Price $41.05
Previous Close $41.80
Change ($) -0.75
Change (%) -1.79%
Day's Open 41.27
Day's Range 40.22 - 41.89
Day's Volume 790,282
52-Week Range 7.78 - 50.34

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Zacks Investment Research - 3 days ago

Fleet expansion and impressive share-holder friendly moves bode well for Avis Budget (CAR).

GlobeNewsWire - 1 week ago

Conference Call to Discuss Results Scheduled for February 17th, 2021 Conference Call to Discuss Results Scheduled for February 17th, 2021

Zacks Investment Research - 1 week ago

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 th...

Forbes - 4 weeks ago

Avis believes that, when it comes to selling cars, the organization's competitive advantage is infrastructure paired with technology.

Zacks Investment Research - 1 month ago

Avis Budget's (CAR) ability to cater to a wide range of mobility demands helps it expand and strengthen its global foothold through organic growth.

Benzinga - 1 month ago

Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it. So insider b...

Other stocks mentioned: ARDX, CNNE, MPLN, SBTX, SEER
The Motley Fool - 1 month ago

SRS Investment purchased a sizable chunk of Avis stock, the most recent vote of confidence in the vehicle rental company.

Benzinga - 2 months ago

Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it. So insider b...

Other stocks mentioned: BH, GSKY, GTHX, KROS, ORGO, REYN, WTRH
Forbes - 2 months ago

Markets continue to churn sideways amid further shutdowns and surging COVID cases. The U.S. seven-day average of daily new COVID-19 infections now stands at 165,029 and is 24% higher than it w...

Other stocks mentioned: AAL, LVS, SGMS, X
Forbes - 2 months ago

Despite no clear cut winner in the U.S. election yet, Joe Biden appears to be on the cusp of winning the nomination. Although markets somewhat cooled off today, they are still on pace for thei...

Other stocks mentioned: CNK, LUV, NOVA, RCL
Zacks Investment Research - 2 months ago

Avis Budget's (CAR) third-quarter 2020 earnings and revenues decline year over year.

The Motley Fool - 2 months ago

The car rental company's $15 billion debt load is a millstone around its neck.

Zacks Investment Research - 2 months ago

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 th...

Seeking Alpha - 2 months ago

Avis Budget Group, Inc. (CAR) CEO Joe Ferraro on Q3 2020 Results - Earnings Call Transcript

Zacks Investment Research - 2 months ago

Avis Budget (CAR) delivered earnings and revenue surprises of 253.13% and 8.37%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Market Watch - 2 months ago

Avis Budget Group Inc. shares jumped 4% in after-hours trade Thursday, after the rental car company topped earnings estimates for the third quarter, even as profit and revenue slid sharply as ...

GlobeNewsWire - 2 months ago

PARSIPPANY, N.J., Oct. 29, 2020 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) today announced third quarter 2020 financial results, with Net income of $45 million and Adjusted net ...

The Motley Fool - 2 months ago

The stock of the two rental car giants took a dive as coronavirus cases jumped over the weekend.

Other stocks mentioned: HTZ
Seeking Alpha - 2 months ago

Avis Budget Group has returned from the brink of exhaustion, with shareholders enjoying circa 500% gains since March. The stock has shown tremendous support to today's trading, with a recent b...

Zacks Investment Research - 3 months ago

Avis Budget (CAR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

GlobeNewsWire - 3 months ago

Conference Call to Discuss Results Scheduled for October 30th, 2020 Conference Call to Discuss Results Scheduled for October 30th, 2020

GlobeNewsWire - 3 months ago

Second annual report looks at COVID-19 impacts on mobility and the critical role car-sharing services play in driving a more sustainable and equitable future for urban living Second annual rep...

Forbes - 4 months ago

An automotive retailer which deals in new and pre-owned vehicles, Aut0Nation’s P/S (price-to-sales) multiple of 0.2x is similar to the figure of 0.2x for Avis Budget Group, a global car rental...

Other stocks mentioned: AN
Benzinga - 4 months ago

  Insider buying can be an encouraging signal for potential investors when markets are near all-time highs.

Other stocks mentioned: KDP, XRX, GBDC, IGMS, KOD
Zacks Investment Research - 4 months ago

Bear of the Day: Avis Budget Group, Inc. (CAR)

Benzinga - 4 months ago

Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it.

Other stocks mentioned: SDC, BKR, BMRN, IVZ, QDEL
Zacks Investment Research - 4 months ago

Investors need to pay close attention to Avis Budget (CAR) stock based on the movements in the options market lately.

InvestorPlace - 4 months ago

Public transport usage is going down due to Covid-19. That's why it's a great time to take a look at these discounted car rental stocks.

Other stocks mentioned: HYRE, TZOO
Benzinga - 4 months ago

Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it.

Other stocks mentioned: AXS, GBDC, KW, LOB
Zacks Investment Research - 4 months ago

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

Forbes - 4 months ago

Markets are trading lower to relatively flat on the news, with the Nasdaq slightly higher, per usual in the technology-heavy index. With consumer confidence coming in lower than expected at ...

Other stocks mentioned: BLMN, CNK, SABR, SAVE
Benzinga - 5 months ago

Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it.

Other stocks mentioned: XRX, AXS, BH, JJSF, KMI, KOD, RRR
Investors Business Daily - 5 months ago

A Relative Strength Rating upgrade for Avis Budget shows improving technical performance. The post Car Renter, Avis Budget, Sees Rising Relative Strength appeared first on Investor's Business ...

Market Watch - 5 months ago

Avis Budget Group Inc. CAR, -1.50% said Thursday that Chief Financial Officer John North will step down from the position "to pursue other interests," after 18 months in the role.

GlobeNewsWire - 5 months ago

PARSIPPANY, N.J., Aug. 13, 2020 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) today announced that John F. North III will transition from Chief Financial Officer to pursue othe...

Market Watch - 5 months ago

The Dow Jones Transportation Average DJT, +1.62% rallied 164 points, or 1.5%, putting it on course for the 11th straight gain to the highest close since Jan.

Other stocks mentioned: AAL, DAL, FDX, R, UAL, UPS
The Motley Fool - 5 months ago

A recent rally in transportation stocks has Avis almost back to positive territory for the year.

Investors Business Daily - 5 months ago

A Relative Strength Rating upgrade for Avis Budget shows improving technical performance.

Zacks Investment Research - 5 months ago

Decline in rental days and revenue per day hurts Avis Budget's (CAR) June-end financials.

Yahoo Finance - 5 months ago

How the coronavirus pandemic has impacted the rental car industry

Joseph Ferraro Avis Budget Group CEO discusses how the company is sanitizing rental cars amid the COVID-19 pandemic.

GlobeNewsWire - 5 months ago

PARSIPPANY, N.J., Aug. 04, 2020 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and ...

Market Watch - 5 months ago

Avis Budget Group Inc. CAR, -2.41% announced Monday that it plans to offer $350 million in senior notes due 2027.

GlobeNewsWire - 5 months ago

PARSIPPANY, N.J., Aug. 03, 2020 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and ...

The Motley Fool - 5 months ago

There's a silver lining for investors digging into Avis's second-quarter results.

The Motley Fool - 5 months ago

The travel industry may never again be as profitable as it once was.

Other stocks mentioned: EXPE, NCLH
Zacks Investment Research - 5 months ago

Amid a pandemic-ravaged scenario, it is tough for yield-seeking investors to create a winning portfolio of stocks in absence of brokers' useful directions.

Other stocks mentioned: AXL, CENX, DBD, ECHO
Seeking Alpha - 5 months ago

Avis Budget Group, Inc. (CAR) CEO Joe Ferraro on Q2 2020 Results - Earnings Call Transcript

The Motley Fool - 5 months ago

Top- and bottom-line results plunged, but cash burn checked in well ahead of estimates.

Zacks Investment Research - 5 months ago

Avis Budget (CAR) delivered earnings and revenue surprises of -0.36% and -8.29%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Market Watch - 5 months ago

Shares of Avis Budget Group Inc. CAR, -3.56% rallied nearly 10% in the extended session Tuesday after the car-rental company said it capitalized on the recovering used-car market to sell more ...

About CAR

Avis Budget Group, 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... [Read more...]

Industry
Rental & Leasing Services
Founded
1946
CEO
Joseph Ferraro
Employees
21,200
Stock Exchange
NASDAQ
Ticker Symbol
CAR
Full Company Profile

Financial Performance

In 2019, CAR's revenue was $9.17 billion, an increase of 0.53% compared to the previous year's $9.12 billion. Earnings were $302.00 million, an increase of 83.03%.

Financial Statements

Analyst Forecasts

According to 7 analysts, the average rating for CAR stock is "Buy." The 12-month stock price forecast is 43.00, which is an increase of 4.75% from the latest price.

Price Target
$43.00
(4.75% upside)
Analyst Consensus: Buy