S&P 500   4,574.79
DOW   35,756.88
QQQ   379.12
S&P 500   4,574.79
DOW   35,756.88
QQQ   379.12
S&P 500   4,574.79
DOW   35,756.88
QQQ   379.12
S&P 500   4,574.79
DOW   35,756.88
QQQ   379.12
NASDAQ:CAR

Avis Budget Group Stock Forecast, Price & News

$169.96
-6.69 (-3.79 %)
(As of 10/26/2021 04:00 PM ET)
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Today's Range
$169.51
$181.25
50-Day Range
$85.81
$158.32
52-Week Range
$28.20
$181.25
Volume1.66 million shs
Average Volume1.59 million shs
Market Capitalization$11.31 billion
P/E Ratio66.91
Dividend YieldN/A
Beta2.34
30 days | 90 days | 365 days | Advanced Chart
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Avis Budget Group logo

About Avis Budget Group

Avis Budget Group, Inc. engages in the provision of vehicle sharing and rental services. It operates through the Americas and International segments. The Americas segment 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. The International segment leases out vehicles in Europe, the Middle East, Africa, Asia, and Australasia. The company was founded by Warren E. Avis in 1946 and is headquartered in Parsippany, NJ.

Headlines

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Industry, Sector and Symbol

Industry
Automotive rental & leasing, without drivers
Sub-Industry
Trucking
Current Symbol
NASDAQ:CAR
CUSIP
05377410
Employees
17,500
Year Founded
N/A

Sales & Book Value

Annual Sales
$5.40 billion
Cash Flow
$60.70 per share
Book Value
($2.22) per share

Profitability

Net Income
$-684 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap
$11.31 billion
Next Earnings Date
11/1/2021 (Confirmed)
Optionable
Optionable

MarketRank

Overall MarketRank

1.60 out of 5 stars

Business Services Sector

260th out of 398 stocks

Automotive Rental & Leasing, Without Drivers Industry

4th out of 7 stocks

Analyst Opinion: 1.1Community Rank: 4.0Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -












Avis Budget Group (NASDAQ:CAR) Frequently Asked Questions

Is Avis Budget Group a buy right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Avis Budget Group in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 2 buy 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 stocks does MarketBeat like better than Avis Budget Group?

Wall Street analysts have given Avis Budget Group a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Avis Budget Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Avis Budget Group's next earnings date?

Avis Budget Group is scheduled to release its next quarterly earnings announcement on Monday, November 1st 2021.
View our earnings forecast for Avis Budget Group
.

How can I listen to Avis Budget Group's earnings call?

Avis Budget Group will be holding an earnings conference call on Tuesday, November 2nd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-660-6853 with passcode "13723926".

How were Avis Budget Group's earnings last quarter?

Avis Budget Group, Inc. (NASDAQ:CAR) announced its quarterly earnings results on Monday, August, 2nd. The business services provider reported $5.90 EPS for the quarter, beating the consensus estimate of $1.21 by $4.69. The business services provider had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.08 billion. Avis Budget Group had a net margin of 2.76% and a negative trailing twelve-month return on equity of 385.05%.
View Avis Budget Group's earnings history
.

How has Avis Budget Group's stock price been impacted by Coronavirus?

Avis Budget Group's stock was trading at $19.41 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CAR stock has increased by 775.6% and is now trading at $169.96.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for CAR?

5 brokerages have issued twelve-month target prices for Avis Budget Group's shares. Their forecasts range from $70.00 to $125.00. On average, they expect Avis Budget Group's share price to reach $99.20 in the next twelve months. This suggests that the stock has a possible downside of 41.6%.
View analysts' price targets for Avis Budget Group
or view top-rated stocks among Wall Street analysts.

Who are Avis Budget Group's key executives?

Avis Budget Group's management team includes the following people:
  • Joseph A. Ferraro, President & Chief Executive Officer
  • Brian J. Choi, Chief Financial Officer & Executive Vice President
  • Gerard Insall, Chief Information Officer & Executive VP
  • Jean M. Sera, Secretary, Chief Compliance Officer & Senior VP
  • Ned Linnen, Chief Human Resources Officer & Executive VP

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), The 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 a variety of institutional and retail investors. Top institutional shareholders include New York State Teachers Retirement System (0.09%), Oregon Public Employees Retirement Fund (0.02%), First Midwest Bank Trust Division (0.02%), Virginia Retirement Systems ET AL (0.02%), Louisiana State Employees Retirement System (0.02%) and Kestra Advisory Services LLC (0.02%). Company insiders that own Avis Budget Group stock include Bernardo Hees, Brian J Choi, Edward P Linnen, F Robert Salerno, Leonard S Coleman Jr, Lynn Krominga, 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 Oregon Public Employees Retirement Fund, Louisiana State Employees Retirement System, Wedbush Securities Inc., State of Alaska Department of Revenue, First Midwest Bank Trust Division, Harel Insurance Investments & Financial Services Ltd., NEXT Financial Group Inc, and Pacer Advisors Inc.. Company insiders that have sold Avis Budget Group company stock in the last year include Edward P Linnen, and Lynn Krominga.
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 bought by a variety of institutional investors in the last quarter, including Kestra Advisory Services LLC, Level Four Advisory Services LLC, Veracity Capital LLC, New York State Teachers Retirement System, Convergence Investment Partners LLC, Wedge Capital Management L L P NC, Fortem Financial Group LLC, and Virginia Retirement Systems ET AL. Company insiders that have bought Avis Budget Group stock in the last two years include Bernardo Hees, Brian J Choi, F Robert Salerno, 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 $169.96.

How much money does Avis Budget Group make?

Avis Budget Group has a market capitalization of $11.31 billion and generates $5.40 billion in revenue each year. The business services provider earns $-684 million in net income (profit) each year or ($6.21) on an earnings per share basis.

How many employees does Avis Budget Group have?

Avis Budget Group employs 17,500 workers across the globe.

What is Avis Budget Group's official website?

The official website for Avis Budget Group is www.avisbudgetgroup.com.

Where are Avis Budget Group's headquarters?

Avis Budget Group is headquartered at 6 SYLVAN WAY, PARSIPPANY NJ, 07054.

How can I contact Avis Budget Group?

Avis Budget Group's mailing address is 6 SYLVAN WAY, PARSIPPANY NJ, 07054. The business services provider can be reached via phone at (973) 496-4700 or via email at [email protected].


This page was last updated on 10/27/2021 by MarketBeat.com Staff

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