S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61

Avis Budget Group Stock Forecast, Price & News

+9.31 (+6.03%)
(As of 06/24/2022 06:55 PM ET)
Today's Range
50-Day Range
52-Week Range
5.61 million shs
Average Volume
1.07 million shs
Market Capitalization
$7.91 billion
P/E Ratio
Dividend Yield
Price Target
30 days | 90 days | 365 days | Advanced Chart

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CAR Stock Forecast (MarketRank)

Overall MarketRank

2.50 out of 5 stars

Business Services Sector

69th out of 468 stocks

Automotive Rental & Leasing, Without Drivers Industry

2nd out of 6 stocks

Analyst Opinion: 2.8Community Rank: 3.9Dividend Strength: 0.0Insider Behavior: 3.3Valuation: 2.5 5 -4 -3 -2 -1 -
Avis Budget Group logo

About Avis Budget Group (NASDAQ: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 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 Budget, Payless, Apex, Maggiore, MoriniRent, FranceCars, Amicoblue, Turiscar, and ACL Hire. In addition, it offers optional insurance products and coverages, such as supplemental liability, personal accident, personal effects protection, emergency sickness protection, and automobile towing protection and cargo insurance products; fuel service options, 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 10,400 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.

CAR Stock News Headlines

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Industry, Sector and Symbol

Automotive rental & leasing, without drivers
Current Symbol
Year Founded

Company Calendar

Last Earnings
Next Earnings (Estimated)
Fiscal Year End

Price Target and Rating

Average Stock Price Forecast
High Stock Price Forecast
Low Stock Price Forecast
Forecasted Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
5 Analysts


Net Income
$1.29 billion
Pretax Margin


Sales & Book Value

Annual Sales
$9.31 billion
Cash Flow
$70.92 per share
Book Value
($3.70) per share


Free Float
Market Cap
$7.91 billion

Avis Budget Group Frequently Asked Questions

Should I buy or sell Avis Budget Group stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Avis Budget Group in the last year. There are currently 2 sell ratings and 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Avis Budget Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CAR, but not buy additional shares or sell existing shares.
View analyst ratings for Avis Budget Group
or view top-rated stocks.

What is Avis Budget Group's stock price forecast for 2022?

5 brokers have issued 12-month price targets for Avis Budget Group's stock. Their CAR stock forecasts range from $156.00 to $245.00. On average, they anticipate Avis Budget Group's stock price to reach $213.80 in the next year. This suggests a possible upside of 30.5% from the stock's current price.
View analysts' price targets for Avis Budget Group
or view top-rated stocks among Wall Street analysts.

How has Avis Budget Group's stock price performed in 2022?

Avis Budget Group's stock was trading at $207.37 at the beginning of 2022. Since then, CAR shares have decreased by 21.0% and is now trading at $163.83.
View the best growth stocks for 2022 here

When is Avis Budget Group's next earnings date?

Avis Budget Group is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for Avis Budget Group

How were Avis Budget Group's earnings last quarter?

Avis Budget Group, Inc. (NASDAQ:CAR) released its quarterly earnings data on Monday, May, 2nd. The business services provider reported $9.99 EPS for the quarter, beating the consensus estimate of $3.54 by $6.45. The business services provider had revenue of $2.43 billion for the quarter, compared to analysts' expectations of $2.18 billion. Avis Budget Group had a net margin of 19.13% and a negative trailing twelve-month return on equity of 635.44%. During the same quarter in the previous year, the firm earned ($0.46) EPS.
View Avis Budget Group's earnings history

Who are Avis Budget Group's key executives?

Avis Budget Group's management team includes the following people:

What is Joe Ferraro's approval rating as Avis Budget Group's CEO?

77 employees have rated Avis Budget Group CEO Joe Ferraro on Glassdoor.com. Joe Ferraro has an approval rating of 68% among Avis Budget Group's employees.

What other stocks do shareholders of Avis Budget Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Avis Budget Group investors own include Hertz Global (HTZ), Tesla (TSLA), Delta Air Lines (DAL), Bank of America (BAC), Micron Technology (MU), Alibaba Group (BABA), Boeing (BA), NVIDIA (NVDA), Advanced Micro Devices (AMD) and Cisco Systems (CSCO).

What is Avis Budget Group's stock symbol?

Avis Budget Group trades on the NASDAQ under the ticker symbol "CAR."

Who are Avis Budget Group's major shareholders?

Avis Budget Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.66%), Vanguard Group Inc. (7.19%), State Street Corp (3.02%), Canada Pension Plan Investment Board (1.76%), Bank of America Corp DE (1.63%) and Northern Trust Corp (1.29%). Company insiders that own Avis Budget Group stock include Anderson Kim, Bernardo Hees, Brian J Choi, Cathleen Degenova, Edward P Linnen, F Robert Salerno, Jean M Sera, Leonard S Coleman Jr, Lynn Krominga, Patrick K Rankin, Shon Larry D De, Srs Investment Management, Llc and Veresh Sita.
View institutional ownership trends for Avis Budget Group

Which institutional investors are selling Avis Budget Group stock?

CAR stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Bank of Montreal Can, Canada Pension Plan Investment Board, Goldman Sachs Group Inc., Citigroup Inc., EMG Holdings L.P., Jane Street Group LLC, and Renaissance Technologies LLC. Company insiders that have sold Avis Budget Group company stock in the last two years include Bernardo Hees, Cathleen Degenova, Edward P Linnen, Jean M Sera, Lynn Krominga, and Patrick K Rankin.
View insider buying and selling activity for Avis Budget Group
or view top insider-selling stocks.

Which institutional investors are buying Avis Budget Group stock?

CAR stock was purchased by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Hsbc Holdings PLC, JPMorgan Chase & Co., State Street Corp, MetLife Investment Management LLC, Aaron Wealth Advisors LLC, Eaton Vance Management, and Triatomic Management LP. Company insiders that have bought Avis Budget Group stock in the last two years include Bernardo Hees, Brian J Choi, Srs Investment Management, Llc, and Veresh Sita.
View insider buying and selling activity for Avis Budget Group
or or view top insider-buying stocks.

How do I buy shares of Avis Budget Group?

Shares of CAR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Avis Budget Group's stock price today?

One share of CAR stock can currently be purchased for approximately $163.83.

How much money does Avis Budget Group make?

Avis Budget Group (NASDAQ:CAR) has a market capitalization of $7.91 billion and generates $9.31 billion in revenue each year. The business services provider earns $1.29 billion in net income (profit) each year or $32.42 on an earnings per share basis.

How many employees does Avis Budget Group have?

Avis Budget Group employs 21,000 workers across the globe.

How can I contact Avis Budget Group?

Avis Budget Group's mailing address is 6 SYLVAN WAY, PARSIPPANY NJ, 07054. The official website for Avis Budget Group is www.avisbudgetgroup.com. The business services provider can be reached via phone at (973) 496-4700, via email at [email protected], or via fax at 302-636-5454.

This page (NASDAQ:CAR) was last updated on 6/27/2022 by MarketBeat.com Staff

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