About Avis Budget Group
Avis Budget Group Inc. is a provider of vehicle rental and car sharing services. The Company operates three brands, which include Avis, Budget and Zipcar. Avis is a rental car supplier and Budget is a rental vehicle supplier. It also owns Payless, which a car rental brand, and Apex, which is a car rental brand in New Zealand and Australia. It operates in two segments: Americas and International. The Americas segment provides and licenses the Company's brands to third parties for vehicle rentals and ancillary products and services in North America, South America, Central America and the Caribbean, and operates its car sharing business in certain of these markets. The International segment provides and licenses the Company's brands to third parties for vehicle rentals and ancillary products and services in Europe, the Middle East, Africa, Asia, South America, Central America, the Caribbean, Australia and New Zealand, and operates its car sharing business in certain of these markets.
Industry, Sector and Symbol:
- Sector: Business Services
- Industry: Road & Rail
- Sub-Industry: Trucking
- Exchange: NASDAQ
- Symbol: CAR
- CUSIP: 05377410
- Previous Close: $34.52
- 50 Day Moving Average: $36.95
- 200 Day Moving Average: $36.50
- 52-Week Range: $21.73 - $41.53
- Trailing P/E Ratio: 19.62
- Foreward P/E Ratio: 8.60
- P/E Growth: 1.36
- Market Cap: $3.02B
- Outstanding Shares: 87,889,000
- Beta: 2.03
- Net Margins: 2.18%
- Return on Equity: 68.51%
- Return on Assets: 1.45%
Companies Related to Avis Budget Group:
- Debt-to-Equity Ratio: 28.75%
- Current Ratio: 1.19%
- Quick Ratio: 1.19%
What is Avis Budget Group's stock symbol?
Avis Budget Group trades on the NASDAQ under the ticker symbol "CAR."
Where is Avis Budget Group's stock going? Where will Avis Budget Group's stock price be in 2017?
10 brokerages have issued 12 month price objectives for Avis Budget Group's stock. Their forecasts range from $24.00 to $47.00. On average, they anticipate Avis Budget Group's stock price to reach $36.22 in the next year.
When will Avis Budget Group announce their earnings?
Avis Budget Group is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.
What are analysts saying about Avis Budget Group stock?
Here are some recent quotes from research analysts about Avis Budget Group stock:
According to Zacks Investment Research, "Avis Budget reported dismal fourth-quarter 2016 results, with adjusted earnings missing the Zacks Consensus Estimate by 6.25%. Intense competitive pressures reduce the profitability of the company and contract market share. Volatility in market demand and dependence on third-parties remain additional headwinds. The company might also lose rental volumes if it is unable to match up to industry pricing standards. Avis Budget has grossly underperformed the industry in the last three months. However, the company is aggressively increasing its presence in existing markets, as exemplified by the French Cars acquisition. At the same time, the company is focusing on expanding its Budget brand, taking its multi-brand strategy to the next level. Avis Budget has always been innovative and was the first in the vehicle rental industry to adapt to the recent tech era, wherein companies are exploring the online and mobile portals to enhance sales and margins." (2/20/2017)
- Credit Suisse Group analysts commented, "Following the company's 4Q, we are downgrading our rating on CAR from Outperform to Neutral. While we still view CAR to be the preferred play in rental cars, the lackluster growth environment implied in the company's outlook leaves us less bullish than before. At the same time, we see the downside to CAR shares being limited by strong repurchases, leading us to view the risk/reward as relatively balanced. We lower our TP on CAR from $44 to $38, now based on ~10-11x our 2018 EPS of $3.60 (previously $4.07). Our 2017 EPS goes to $3.33 from prior $3.63. There are several risks to our target and rating, including travel trends, weather, used car prices, and broader macroeconomic factors." (2/17/2017)
Who owns Avis Budget Group stock?
Avis Budget Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Glenview Capital Management LLC (9.44%), State Street Corp (2.78%), Dimensional Fund Advisors LP (2.44%), FMR LLC (1.13%), Bain Capital Public Equity Management LLC (0.75%) and Loomis Sayles & Co. L P (0.51%). Company insiders that own Avis Budget Group stock include David B Wyshner, Eduardo G Mestre, Edward P Linnen, John D Jr Hardy, Lynn Krominga, Mark J Servodidio, Michael K Tucker, Ronald L Nelson, Shon Larry D De, Srs Investment Management, Llc and Stender E Sweeney.
Who sold Avis Budget Group stock? Who is selling Avis Budget Group stock?
Avis Budget Group's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Dimensional Fund Advisors LP, Bain Capital Public Equity Management LLC, State Street Corp, Loomis Sayles & Co. L P, GSA Capital Partners LLP, Cipher Capital LP and Fiera Capital Corp. Company insiders that have sold Avis Budget Group stock in the last year include David B Wyshner, Edward P Linnen, John D Jr Hardy, Michael K Tucker, Ronald L Nelson, Srs Investment Management, Llc and Stender E Sweeney.
Who bought Avis Budget Group stock? Who is buying Avis Budget Group stock?
Avis Budget Group's stock was bought by a variety of institutional investors in the last quarter, including Glenview Capital Management LLC, Anavon Capital LLP, Guggenheim Capital LLC, Renaissance Technologies LLC, Elkfork Partners LLC, A.R.T. Advisors LLC, Tyers Asset Management LLC and Harbor Advisors LLC. Company insiders that have bought Avis Budget Group stock in the last two years include Eduardo G Mestre and Mark J Servodidio.
How do I buy Avis Budget Group stock?
Shares of Avis Budget Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Avis Budget Group stock cost?
One share of Avis Budget Group stock can currently be purchased for approximately $34.33.