Zacks Research Issues Pessimistic Outlook for CAR Earnings

Avis Budget Group, Inc. (NASDAQ:CAR - Free Report) - Stock analysts at Zacks Research cut their Q4 2025 earnings estimates for shares of Avis Budget Group in a research note issued to investors on Wednesday, May 28th. Zacks Research analyst S. Dey now anticipates that the business services provider will post earnings of $0.93 per share for the quarter, down from their previous estimate of $0.96. The consensus estimate for Avis Budget Group's current full-year earnings is $8.91 per share. Zacks Research also issued estimates for Avis Budget Group's FY2027 earnings at $6.75 EPS.

Several other equities analysts have also commented on the stock. The Goldman Sachs Group dropped their price target on shares of Avis Budget Group from $100.00 to $87.00 and set a "neutral" rating for the company in a research report on Friday, May 9th. Wall Street Zen upgraded Avis Budget Group from a "sell" rating to a "hold" rating in a report on Saturday, May 3rd. Finally, JPMorgan Chase & Co. lifted their price target on shares of Avis Budget Group from $145.00 to $155.00 and gave the company an "overweight" rating in a research report on Friday, May 9th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, Avis Budget Group presently has an average rating of "Hold" and a consensus price target of $117.00.

Avis Budget Group Price Performance

NASDAQ:CAR traded down $3.45 on Thursday, reaching $118.35. The stock had a trading volume of 323,850 shares, compared to its average volume of 900,419. Avis Budget Group has a 12-month low of $54.03 and a 12-month high of $124.37. The company has a market cap of $4.16 billion, a price-to-earnings ratio of -2.28 and a beta of 2.10. The firm's fifty day moving average is $91.13 and its two-hundred day moving average is $87.97.

Avis Budget Group (NASDAQ:CAR - Get Free Report) last posted its earnings results on Wednesday, May 7th. The business services provider reported ($14.35) earnings per share for the quarter, missing the consensus estimate of ($5.72) by ($8.63). The firm had revenue of $2.43 billion during the quarter, compared to analyst estimates of $2.49 billion. Avis Budget Group had a negative net margin of 15.45% and a negative return on equity of 14.74%. The firm's revenue for the quarter was down 4.7% on a year-over-year basis. During the same period last year, the company posted ($3.21) EPS.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in CAR. Barclays PLC boosted its holdings in shares of Avis Budget Group by 30.5% during the third quarter. Barclays PLC now owns 200,576 shares of the business services provider's stock valued at $17,571,000 after acquiring an additional 46,922 shares during the period. Swiss National Bank boosted its stake in Avis Budget Group by 0.9% during the 4th quarter. Swiss National Bank now owns 35,100 shares of the business services provider's stock valued at $2,829,000 after purchasing an additional 300 shares during the period. US Bancorp DE grew its position in Avis Budget Group by 9.6% in the 4th quarter. US Bancorp DE now owns 2,984 shares of the business services provider's stock worth $241,000 after purchasing an additional 261 shares during the last quarter. Captrust Financial Advisors acquired a new stake in shares of Avis Budget Group in the fourth quarter valued at approximately $460,000. Finally, Amalgamated Bank raised its holdings in shares of Avis Budget Group by 2.0% during the fourth quarter. Amalgamated Bank now owns 7,973 shares of the business services provider's stock valued at $643,000 after buying an additional 155 shares during the last quarter. 96.35% of the stock is currently owned by institutional investors.

About Avis Budget Group

Avis Budget Group, Inc engages in the provision of vehicle sharing and rental services. It operates through the following segments: Americas, International, and Corporate and Other. The Americas segment includes the vehicle rental and car sharing operations in North America, South America, Central America, and the Caribbean.