Zacks Research Brokers Decrease Earnings Estimates for CAR

Key Points

• Zacks Research has downgraded its earnings per share estimate for Avis Budget Group's Q4 2025 from $0.93 to $0.86, while the current full-year earnings consensus remains at $8.91 per share.
• Avis Budget Group reported a significant earnings miss for its last quarter, with an actual EPS of $0.10, falling short of the consensus estimate of $2.02.
• Current ratings for Avis Budget Group include one "Buy," three "Hold," and two "Sell," with a consensus target price of $143.80.

Avis Budget Group, Inc. (NASDAQ:CAR - Free Report) - Zacks Research cut their Q4 2025 earnings per share (EPS) estimates for shares of Avis Budget Group in a report issued on Tuesday, August 19th. Zacks Research analyst Team now expects that the business services provider will post earnings of $0.86 per share for the quarter, down from their previous estimate of $0.93. Zacks Research has a "Hold" rating on the stock. 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 Q2 2026 earnings at $3.42 EPS.

CAR has been the topic of a number of other reports. Barclays raised their target price on shares of Avis Budget Group from $105.00 to $150.00 and gave the stock an "equal weight" rating in a research note on Monday, August 4th. Wall Street Zen raised shares of Avis Budget Group from a "sell" rating to a "hold" rating in a research note on Saturday, May 3rd. Bank of America reaffirmed an "underperform" rating and set a $113.00 price target (down previously from $120.00) on shares of Avis Budget Group in a research report on Wednesday. The Goldman Sachs Group reaffirmed a "sell" rating and set a $105.00 price target (up previously from $87.00) on shares of Avis Budget Group in a research report on Friday, August 1st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $196.00 price target (up previously from $130.00) on shares of Avis Budget Group in a research report on Thursday, July 10th. One analyst has rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Reduce" and a consensus price target of $143.80.

Avis Budget Group Stock Up 3.5%

CAR traded up $5.20 during trading on Thursday, reaching $155.49. The company's stock had a trading volume of 1,290,462 shares, compared to its average volume of 1,267,496. The firm has a fifty day simple moving average of $170.75 and a two-hundred day simple moving average of $117.41. Avis Budget Group has a 1 year low of $54.03 and a 1 year high of $212.81. The company has a market cap of $5.47 billion, a price-to-earnings ratio of -2.46 and a beta of 2.19.

Avis Budget Group (NASDAQ:CAR - Get Free Report) last released its earnings results on Tuesday, July 29th. The business services provider reported $0.10 earnings per share for the quarter, missing analysts' consensus estimates of $2.02 by ($1.92). Avis Budget Group had a negative return on equity of 14.74% and a negative net margin of 19.06%.The business had revenue of $3.04 billion during the quarter, compared to analysts' expectations of $3.02 billion. During the same period last year, the business earned $0.41 earnings per share. The company's revenue for the quarter was down .3% compared to the same quarter last year.

Institutional Trading of Avis Budget Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in Avis Budget Group by 2.9% in the first quarter. Vanguard Group Inc. now owns 1,610,186 shares of the business services provider's stock valued at $122,213,000 after purchasing an additional 46,038 shares during the period. Hsbc Holdings PLC grew its stake in shares of Avis Budget Group by 48,706.7% in the second quarter. Hsbc Holdings PLC now owns 1,552,542 shares of the business services provider's stock worth $256,629,000 after acquiring an additional 1,549,361 shares in the last quarter. National Bank of Canada FI grew its stake in shares of Avis Budget Group by 166.7% in the second quarter. National Bank of Canada FI now owns 880,239 shares of the business services provider's stock worth $148,804,000 after acquiring an additional 550,239 shares in the last quarter. State Street Corp grew its stake in shares of Avis Budget Group by 1.0% in the second quarter. State Street Corp now owns 713,127 shares of the business services provider's stock worth $120,554,000 after acquiring an additional 7,318 shares in the last quarter. Finally, Nomura Holdings Inc. grew its stake in shares of Avis Budget Group by 93.2% in the fourth quarter. Nomura Holdings Inc. now owns 490,473 shares of the business services provider's stock worth $39,537,000 after acquiring an additional 236,576 shares in the last quarter. Hedge funds and other institutional investors own 96.35% of the company's stock.

Insider Buying and Selling

In other Avis Budget Group news, EVP Edward P. Linnen sold 10,000 shares of the business's stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $156.83, for a total value of $1,568,300.00. Following the sale, the executive vice president owned 40,915 shares of the company's stock, valued at $6,416,699.45. The trade was a 19.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Bernardo Hees sold 402,200 shares of the business's stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $156.59, for a total value of $62,980,498.00. Following the completion of the sale, the director directly owned 116,521 shares in the company, valued at approximately $18,246,023.39. The trade was a 77.54% decrease in their position. The disclosure for this sale can be found here. 52.80% of the stock is owned by insiders.

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.