NASDAQ:CAR

Avis Budget Group Stock Forecast, Price & News

$82.17
+2.01 (+2.51 %)
(As of 07/28/2021 03:28 PM ET)
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Today's Range
$78.93
$82.96
50-Day Range
$68.74
$94.24
52-Week Range
$24.44
$95.10
Volume38,857 shs
Average Volume1.42 million shs
Market Capitalization$5.74 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.35
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.

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Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

2.26 out of 5 stars

Business Services Sector

38th out of 544 stocks

Automotive Rental & Leasing, Without Drivers Industry

1st out of 11 stocks

Analyst Opinion: 1.0Community Rank: 3.0Dividend Strength: 0.0Insider Behavior: 4.2Valuation: 3.1 5 -4 -3 -2 -1 -
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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 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.
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 Tuesday, August 3rd 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 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".

How were Avis Budget Group's earnings last quarter?

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
.

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

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.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for CAR?

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%.
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.

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).

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 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
.

Which major investors are selling Avis Budget Group stock?

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.

Which major investors are buying Avis Budget Group stock?

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.

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 $80.40.

How much money does Avis Budget Group make?

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.

How many employees does Avis Budget Group have?

Avis Budget Group employs 20,000 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 7/28/2021 by MarketBeat.com Staff
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