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S&P 500   3,853.07
DOW   31,176.01
QQQ   326.36
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S&P 500   3,853.07
DOW   31,176.01
QQQ   326.36
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S&P 500   3,853.07
DOW   31,176.01
QQQ   326.36
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NASDAQ:CAR

Avis Budget Group Stock Forecast, Price & News

$41.80
+0.58 (+1.41 %)
(As of 01/21/2021 12:00 AM ET)
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Today's Range
$40.20
Now: $41.80
$42.83
50-Day Range
$34.67
MA: $37.79
$41.22
52-Week Range
$6.35
Now: $41.80
$52.98
Volume1.16 million shs
Average Volume1.31 million shs
Market Capitalization$2.91 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.31
Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers. It operates the Avis brand, a vehicle rental system that supply rental cars to the premium commercial and leisure segments of the travel industry; the Budget Truck brand, a local and one-way truck rental businesses with a fleet of approximately 20,000 vehicles, which are rented through a network of approximately 575 dealer-operated and 420 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 Payless, Apex, Maggiore, Morini Rent, FranceCars, and Turiscar. In addition, it offers optional insurance products and coverages, such as supplemental liability, personal accident, personal effects protection, emergency sickness protection, and cargo insurance products; fuel service options, chauffeur drive services, 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 5,500 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.
Avis Budget Group logo

MarketRank

Overall MarketRank

1.45 out of 5 stars

Business Services Sector

108th out of 442 stocks

Automotive Rental & Leasing, Without Drivers Industry

3rd out of 7 stocks

Analyst Opinion: 1.1Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 3.3Valuation: 0.6 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Automotive rental & leasing, without drivers
Sub-IndustryTrucking
Current SymbolNASDAQ:CAR
CUSIP05377410
Phone973-496-4700
Employees30,000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$9.17 billion
Cash Flow$49.76 per share
Book Value$8.86 per share

Profitability

Net Income$302 million

Miscellaneous

Market Cap$2.91 billion
Next Earnings Date2/16/2021 (Confirmed)
OptionableOptionable
$41.80
+0.58 (+1.41 %)
(As of 01/21/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Avis Budget Group (NASDAQ:CAR) Frequently Asked Questions

How has Avis Budget Group's stock price been impacted by COVID-19?

Avis Budget Group's stock was trading at $19.41 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CAR stock has increased by 115.4% and is now trading at $41.80.
View which stocks have been most impacted by COVID-19
.

Is Avis Budget Group a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Avis Budget Group in the last twelve months. There are currently 5 hold ratings and 1 buy rating 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 MarketBeat's top 5 stock picks.

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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Avis Budget Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Doug Parker's approval rating as Avis Budget Group's CEO?

1,448 employees have rated Avis Budget Group CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 60% among Avis Budget Group's employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

When is Avis Budget Group's next earnings date?

Avis Budget Group is scheduled to release its next quarterly earnings announcement on Tuesday, February 16th 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, February 16th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Avis Budget Group's earnings last quarter?

Avis Budget Group, Inc. (NASDAQ:CAR) released its quarterly earnings data on Thursday, October, 29th. The business services provider reported $1.13 EPS for the quarter, topping the Zacks' consensus estimate of $0.40 by $0.73. The business services provider had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.41 billion. Avis Budget Group had a negative net margin of 7.28% and a negative return on equity of 199.17%. The firm's revenue was down 44.3% compared to the same quarter last year. During the same period in the prior year, the company posted $2.96 EPS.
View Avis Budget Group's earnings history
.

What price target have analysts set for CAR?

6 brokers have issued 12-month target prices for Avis Budget Group's shares. Their forecasts range from $20.00 to $44.00. On average, they expect Avis Budget Group's stock price to reach $35.40 in the next year. This suggests that the stock has a possible downside of 15.3%.
View analysts' price targets for Avis Budget Group
or view Wall Street analyst' top-rated stocks.

Who are some of Avis Budget Group's key competitors?

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).

Who are Avis Budget Group's key executives?

Avis Budget Group's management team includes the following people:
  • Mr. Joseph A. Ferraro, CEO & Pres (Age 63, Pay $1.88M)
  • Mr. Edward P. Linnen, Chief Human Resource Officer & Exec. VP (Age 50, Pay $957.71k)
  • Mr. John F. North III, Advisor (Age 42, Pay $1.72M)
  • Mr. Patrick Keith Rankin, Pres of International Region (Age 50, Pay $714.5k)
  • Mr. Bernardo Vieira Hees, Exec. Chairman (Age 50)
  • Mr. Brian J. Choi, Chief Financial Officer (Age 37)
  • Ms. Cathleen DeGenova, VP & Chief Accounting Officer (Age 58)
  • Mr. David T. Calabria, Treasurer & Sr. VP of Corp. Fin. (Age 45)
  • Mr. Gerard Insall, Chief Information Officer & Exec. VP
  • Ms. Jean M. Sera, Sr. VP, Gen. Counsel, Chief Compliance Officer & Corp. Sec. (Age 50)

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 Oxinas Partners Wealth Management LLC (0.04%), First Midwest Bank Trust Division (0.02%), State of Alaska Department of Revenue (0.01%), Wedge Capital Management L L P NC (0.01%), Pacer Advisors Inc. (0.01%) and First Hawaiian Bank (0.01%). Company insiders that own Avis Budget Group stock include Anderson Kim, Bernardo Hees, F Robert Salerno, Leonard S Coleman Jr, Mark J Servodidio, Michael K Tucker, Shon Larry D De and Srs Investment Management, Llc.
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 First Midwest Bank Trust Division, Pacer Advisors Inc., First Hawaiian Bank, Wedge Capital Management L L P NC, and State of Alaska Department of Revenue.
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 Oxinas Partners Wealth Management LLC. Company insiders that have bought Avis Budget Group stock in the last two years include Bernardo Hees, F Robert Salerno, and Srs Investment Management, Llc.
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.

What is Avis Budget Group's stock price today?

One share of CAR stock can currently be purchased for approximately $41.80.

How big of a company is Avis Budget Group?

Avis Budget Group has a market capitalization of $2.91 billion and generates $9.17 billion in revenue each year. The business services provider earns $302 million in net income (profit) each year or $3.68 on an earnings per share basis. Avis Budget Group employs 30,000 workers across the globe.

What is Avis Budget Group's official website?

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

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 1/22/2021 by MarketBeat.com Staff

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