50% OFF
MarketBeat All Access
Get 30 days free. Save 50% your first year.
  •  days
  •  Hours
  •  Minutes
  •  Seconds
×
QQQ   279.94 (+1.99%)
AAPL   149.84 (-1.27%)
MSFT   241.07 (+1.97%)
META   141.61 (+5.36%)
GOOGL   100.05 (+2.62%)
AMZN   118.01 (+3.15%)
TSLA   287.81 (+1.72%)
NVDA   127.36 (+2.60%)
NIO   17.33 (+0.81%)
BABA   80.99 (+4.01%)
AMD   68.36 (+1.77%)
T   15.83 (+0.64%)
MU   51.00 (+0.83%)
CGC   3.04 (+6.29%)
F   12.18 (+2.27%)
GE   64.46 (-0.02%)
DIS   99.40 (+3.70%)
AMC   7.67 (+2.95%)
PYPL   91.12 (+6.26%)
PFE   44.43 (+0.77%)
NFLX   245.20 (+9.29%)
QQQ   279.94 (+1.99%)
AAPL   149.84 (-1.27%)
MSFT   241.07 (+1.97%)
META   141.61 (+5.36%)
GOOGL   100.05 (+2.62%)
AMZN   118.01 (+3.15%)
TSLA   287.81 (+1.72%)
NVDA   127.36 (+2.60%)
NIO   17.33 (+0.81%)
BABA   80.99 (+4.01%)
AMD   68.36 (+1.77%)
T   15.83 (+0.64%)
MU   51.00 (+0.83%)
CGC   3.04 (+6.29%)
F   12.18 (+2.27%)
GE   64.46 (-0.02%)
DIS   99.40 (+3.70%)
AMC   7.67 (+2.95%)
PYPL   91.12 (+6.26%)
PFE   44.43 (+0.77%)
NFLX   245.20 (+9.29%)
QQQ   279.94 (+1.99%)
AAPL   149.84 (-1.27%)
MSFT   241.07 (+1.97%)
META   141.61 (+5.36%)
GOOGL   100.05 (+2.62%)
AMZN   118.01 (+3.15%)
TSLA   287.81 (+1.72%)
NVDA   127.36 (+2.60%)
NIO   17.33 (+0.81%)
BABA   80.99 (+4.01%)
AMD   68.36 (+1.77%)
T   15.83 (+0.64%)
MU   51.00 (+0.83%)
CGC   3.04 (+6.29%)
F   12.18 (+2.27%)
GE   64.46 (-0.02%)
DIS   99.40 (+3.70%)
AMC   7.67 (+2.95%)
PYPL   91.12 (+6.26%)
PFE   44.43 (+0.77%)
NFLX   245.20 (+9.29%)
QQQ   279.94 (+1.99%)
AAPL   149.84 (-1.27%)
MSFT   241.07 (+1.97%)
META   141.61 (+5.36%)
GOOGL   100.05 (+2.62%)
AMZN   118.01 (+3.15%)
TSLA   287.81 (+1.72%)
NVDA   127.36 (+2.60%)
NIO   17.33 (+0.81%)
BABA   80.99 (+4.01%)
AMD   68.36 (+1.77%)
T   15.83 (+0.64%)
MU   51.00 (+0.83%)
CGC   3.04 (+6.29%)
F   12.18 (+2.27%)
GE   64.46 (-0.02%)
DIS   99.40 (+3.70%)
AMC   7.67 (+2.95%)
PYPL   91.12 (+6.26%)
PFE   44.43 (+0.77%)
NFLX   245.20 (+9.29%)
NASDAQ:CAR

Avis Budget Group - CAR Stock Forecast, Price & News

$155.95
+10.23 (+7.02%)
(As of 09/28/2022 12:00 AM ET)
Add
Compare
Today's Range
$144.68
$158.66
50-Day Range
$138.25
$193.91
52-Week Range
$114.51
$545.11
Volume
1.31 million shs
Average Volume
1.01 million shs
Market Capitalization
$7.50 billion
P/E Ratio
3.67
Dividend Yield
N/A
Price Target
$193.40

Avis Budget Group MarketRank™ Forecast

Analyst Rating
Hold
1.60 Rating Score
Upside/​Downside
24.0% Upside
$193.40 Price Target
Short Interest
Bearish
9.36% of Float Sold Short
Dividend Strength
N/A
Sustainability
-3.31
Upright™ Environmental Score
News Sentiment
0.62mentions of Avis Budget Group in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$263,758 Sold Last Quarter
Proj. Earnings Growth
-51.77%
From $47.02 to $22.68 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.80 out of 5 stars

Business Services Sector

277th out of 337 stocks

Automotive Rental & Leasing, Without Drivers Industry

5th out of 6 stocks

CAR stock logo

About Avis Budget Group (NASDAQ:CAR) Stock

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.

Receive CAR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Avis Budget Group and its competitors with MarketBeat's FREE daily newsletter.

CAR Stock News Headlines

Waste Management (WM) Set to Acquire Avangard Innovative
Shrug Off Market Gyrations With These Top 5 Value Stocks
See More Headlines
Receive CAR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Avis Budget Group and its competitors with MarketBeat's FREE daily newsletter.

CAR Company Calendar

Last Earnings
8/01/2022
Today
9/28/2022
Next Earnings (Estimated)
11/07/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Automotive rental & leasing, without drivers
Sub-Industry
Trucking
Current Symbol
NASDAQ:CAR
CUSIP
05377410
Employees
21,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$193.40
High Stock Price Forecast
$240.00
Low Stock Price Forecast
$150.00
Forecasted Upside/Downside
+24.0%
Consensus Rating
Hold
Rating Score (0-4)
1.60
Research Coverage
5 Analysts

Profitability

Net Income
$1.29 billion
Pretax Margin
28.90%

Debt

Sales & Book Value

Annual Sales
$9.31 billion
Cash Flow
$79.57 per share
Book Value
($3.70) per share

Miscellaneous

Free Float
30,137,000
Market Cap
$7.50 billion
Optionable
Optionable
Beta
2.13

Key Executives

  • Mr. Bernardo Vieira Hees (Age 52)
    Non-Independent Exec. Chairman
    Comp: $1.51M
  • Mr. Joseph A. Ferraro (Age 65)
    CEO & Pres
    Comp: $3.59M
  • Mr. Brian J. ChoiMr. Brian J. Choi (Age 39)
    Exec. VP & CFO
    Comp: $1.27M
  • Mr. Patrick  RankinMr. Patrick Rankin (Age 52)
    Pres of International
    Comp: $1.46M
  • Ms. Cathleen  DeGenovaMs. Cathleen DeGenova (Age 60)
    VP & Chief Accounting Officer
  • Mr. David T. Calabria (Age 47)
    Treasurer & Sr. VP of Corp. Fin.
  • Mr. Gerard Insall
    Chief Information Officer & Exec. VP
  • Ms. Jean M. SeraMs. Jean M. Sera (Age 52)
    Sr. VP, Gen. Counsel, Chief Compliance Officer & Corp. Sec.
  • Ms. Vanessa Wolczak
    Head of Marketing
  • Ms. Beth Kinerk
    Sr. VP of Sales













CAR Stock - Frequently Asked Questions

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

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Avis Budget Group in the last twelve months. There are currently 2 sell ratings and 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CAR shares. 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 CAR analyst ratings
or view top-rated stocks.

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

5 Wall Street analysts have issued twelve-month price targets for Avis Budget Group's stock. Their CAR share price forecasts range from $150.00 to $240.00. On average, they expect the company's share price to reach $193.40 in the next year. This suggests a possible upside of 24.0% from the stock's current price.
View analysts price targets for CAR
or view top-rated stocks among Wall Street analysts.

How have CAR shares performed in 2022?

Avis Budget Group's stock was trading at $207.37 on January 1st, 2022. Since then, CAR shares have decreased by 24.8% and is now trading at $155.95.
View the best growth stocks for 2022 here
.

When is Avis Budget Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
View our CAR earnings forecast
.

How were Avis Budget Group's earnings last quarter?

Avis Budget Group, Inc. (NASDAQ:CAR) released its quarterly earnings data on Monday, August, 1st. The business services provider reported $15.94 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $12.22 by $3.72. The business services provider had revenue of $3.24 billion for the quarter, compared to the consensus estimate of $3.14 billion. Avis Budget Group had a negative trailing twelve-month return on equity of 477.68% and a net margin of 21.02%. The business's quarterly revenue was up 36.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $5.90 earnings per share.

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

314 employees have rated Avis Budget Group Chief Executive Officer Joe Ferraro on Glassdoor.com. Joe Ferraro has an approval rating of 68% among the company's employees. 53.0% of employees surveyed would recommend working at Avis Budget Group to a friend.

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 a variety of retail and institutional investors. Top institutional shareholders include FMR LLC (13.55%), State Street Corp (2.07%), National Bank of Canada FI (1.77%), Bank of Montreal Can (1.30%), Natixis (0.62%) and Northern Trust Corp (0.53%). Insiders that own company stock include Anderson Kim, Bernardo Hees, Brian J Choi, Cathleen Degenova, Edward P Linnen, F Robert Salerno, Glenn Lurie, 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
.

How do I buy shares of Avis Budget Group?

Shares of CAR stock 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 $155.95.

How much money does Avis Budget Group make?

Avis Budget Group (NASDAQ:CAR) has a market capitalization of $7.50 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 $42.50 on an earnings per share basis.

How many employees does Avis Budget Group have?

The company 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 the company is www.avisbudgetgroup.com. The business services provider can be reached via phone at (973) 496-4700, via email at ir@avisbudget.com, or via fax at 302-636-5454.

This page (NASDAQ:CAR) was last updated on 9/28/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.