Avis Budget Group Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Avis Budget Group in the last year. There are currently 5 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.
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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.
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Avis Budget Group is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for Avis Budget Group.

Avis Budget Group will be holding an earnings conference call on Wednesday, August 4th 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 "13721250".

Avis Budget Group, Inc. (NASDAQ:CAR) issued its quarterly earnings data on Sunday, May, 2nd. The business services provider reported ($0.46) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($2.38) by $1.92. The business services provider earned $1.37 billion during the quarter, compared to analyst estimates of $1.24 billion. The firm's quarterly revenue was down 21.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($1.40) EPS.
View Avis Budget Group's earnings history.

Avis Budget Group's stock was trading at $19.41 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CAR shares have increased by 314.2% and is now trading at $80.40.
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5 Wall Street analysts have issued twelve-month target prices for Avis Budget Group's shares. Their forecasts range from $35.00 to $85.00. On average, they anticipate Avis Budget Group's stock price to reach $61.80 in the next twelve months. This suggests that the stock has a possible downside of 23.1%.
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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.

Some companies that are related to Avis Budget Group include Old Dominion Freight Line (ODFL), J.B. Hunt Transport Services (JBHT), AMERCO (UHAL), Knight-Swift Transportation (KNX), Landstar System (LSTR), Saia (SAIA), Ryder System (R), Werner Enterprises (WERN), Heartland Express (HTLD), Marten Transport (MRTN) and FRP (FRPH).
View all of CAR's competitors.

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).

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

Avis Budget Group's stock is owned by a number of institutional and retail investors. Top institutional investors include Oregon Public Employees Retirement Fund (0.03%), New Mexico Educational Retirement Board (0.02%), Junson Asset Management Hong Kong Ltd (0.01%), SOL Capital Management CO (0.00%) and Harel Insurance Investments & Financial Services Ltd. (0.00%). Company insiders that own Avis Budget Group stock include Anderson Kim, 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.

CAR stock was sold by a variety of institutional investors in the last quarter, including SOL Capital Management CO. 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.

CAR stock was acquired by a variety of institutional investors in the last quarter, including Junson Asset Management Hong Kong Ltd, Harel Insurance Investments & Financial Services Ltd., New Mexico Educational Retirement Board, and Oregon Public Employees Retirement Fund. 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.

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.
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One share of CAR stock can currently be purchased for approximately $80.40.

Avis Budget Group has a market capitalization of $5.62 billion and generates $5.40 billion in revenue each year. The business services provider earns $-684,000,000.00 in net income (profit) each year or ($6.21) on an earnings per share basis.

Avis Budget Group employs 20,000 workers across the globe.

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

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

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]