Avis Budget Group Stock Forecast, Price & News

Avis Budget Group (NASDAQ:CAR) Frequently Asked Questions

Is Avis Budget Group a buy right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Avis Budget Group in the last year. There are currently 4 sell ratings and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "sell" Avis Budget Group stock.
View analyst ratings for Avis Budget Group or view top-rated stocks.

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

Avis Budget Group's stock was trading at $19.41 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CAR stock has increased by 1,180.3% and is now trading at $248.50.
View which stocks have been most impacted by COVID-19.

Are investors shorting Avis Budget Group?

Avis Budget Group saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 8,660,000 shares, a decline of 35.9% from the October 31st total of 13,520,000 shares. Based on an average daily trading volume, of 2,320,000 shares, the short-interest ratio is currently 3.7 days. Currently, 15.6% of the shares of the company are sold short.
View Avis Budget Group's Short Interest.

When is Avis Budget Group's next earnings date?

Avis Budget Group is scheduled to release its next quarterly earnings announcement on Tuesday, February 15th 2022.
View our earnings forecast for Avis Budget Group.

How were Avis Budget Group's earnings last quarter?

Avis Budget Group, Inc. (NASDAQ:CAR) posted its quarterly earnings data on Monday, November, 1st. The business services provider reported $10.74 earnings per share for the quarter, topping the Zacks' consensus estimate of $6.90 by $3.84. The business services provider had revenue of $3 billion for the quarter, compared to analysts' expectations of $2.77 billion. Avis Budget Group had a net margin of 10.04% and a negative trailing twelve-month return on equity of 729.29%. The firm's quarterly revenue was up 95.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.13 earnings per share.
View Avis Budget Group's earnings history.

What price target have analysts set for CAR?

5 brokers have issued 1 year price objectives for Avis Budget Group's stock. Their forecasts range from $170.00 to $225.00. On average, they anticipate Avis Budget Group's stock price to reach $204.40 in the next twelve months. This suggests that the stock has a possible downside of 17.7%.
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 (LinkedIn Profile)
• 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?

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), Saia (SAIA), Landstar System (LSTR), Ryder System (R), Werner Enterprises (WERN), Marten Transport (MRTN), Heartland Express (HTLD) and FRP (FRPH).
View all of CAR's 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), 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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.78%), Dimensional Fund Advisors LP (2.21%), Geode Capital Management LLC (1.55%), Two Sigma Advisers LP (1.47%), Invesco Ltd. (1.08%) and Bank of New York Mellon Corp (1.08%). Company insiders that own Avis Budget Group stock include Bernardo Hees, Brian J Choi, Cathleen Degenova, Edward P Linnen, F Robert Salerno, 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 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 BlackRock Inc., Arrowstreet Capital Limited Partnership, Royal Bank of Canada, Neuberger Berman Group LLC, Alliancebernstein L.P., Two Sigma Advisers LP, Man Group plc, and Geode Capital Management LLC. Company insiders that have sold Avis Budget Group company stock in the last year include Bernardo Hees, Cathleen Degenova, Edward P Linnen, Jean M Sera, Lynn Krominga, and Patrick K Rankin.
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 EMG Holdings L.P., Jane Street Group LLC, Wolverine Trading LLC, Schonfeld Strategic Advisors LLC, Morgan Stanley, Citadel Advisors LLC, Invesco Ltd., and Voloridge Investment Management LLC. 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 $248.50.

How much money does Avis Budget Group make?

Avis Budget Group has a market capitalization of $14.03 billion and generates $5.40 billion in revenue each year. The business services provider earns $-684 million in net income (profit) each year or $12.36 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, via email at [email protected], or via fax at 302-636-5454.