In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
The price of Avis Budget Group Inc (NASDAQ: CAR) closed at $108.97 in the last session, down -2.71% from day before closing price of $112.00. In other words, the price has decreased by -$2.71 from its previous closing price. On the day, 1.09 million shares were traded.
Ratios:
We take a closer look at CAR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.64 and its Current Ratio is at 0.64.
On September 19, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $105.
Goldman Upgraded its Sell to Neutral on April 04, 2024, whereas the target price for the stock was revised from $118 to $130.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 20 ’25 when KROMINGA LYNN sold 1,405 shares for $95.00 per share. The transaction valued at 133,475 led to the insider holds 1,950 shares of the business.
KROMINGA LYNN sold 661 shares of CAR for $62,795 on Feb 18 ’25. The Director now owns 3,355 shares after completing the transaction at $95.00 per share. On Feb 18 ’25, another insider, KROMINGA LYNN, who serves as the Director of the company, bought 2,066 shares for $95.00 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.33.
Stock Price History:
Over the past 52 weeks, CAR has reached a high of $118.07, while it has fallen to a 52-week low of $54.03. The 50-Day Moving Average of the stock is 33.19%, while the 200-Day Moving Average is calculated to be 26.94%.
Shares Statistics:
A total of 35.00M shares are outstanding, with a floating share count of 34.02M. Insiders hold about 3.34% of the company’s shares, while institutions hold 111.74% stake in the company.
Earnings Estimates
The market rating for Avis Budget Group Inc (CAR) is a result of the insights provided by 3.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is $9.98, with high estimates of $11.99 and low estimates of $9.05.
Analysts are recommending an EPS of between -$1.86 and -$2.97 for the fiscal current year, implying an average EPS of -$2.25. EPS for the following year is $14.82, with 4.0 analysts recommending between $18.01 and $10.45.
Revenue Estimates
According to 5 analysts, the current quarter’s revenue is expected to be $3.02B. It ranges from a high estimate of $3.04B to a low estimate of $2.99B. As of the current estimate, Avis Budget Group Inc’s year-ago sales were $3.05BFor the next quarter, 5 analysts are estimating revenue of $3.49B. There is a high estimate of $3.52B for the next quarter, whereas the lowest estimate is $3.44B.
A total of 7 analysts have provided revenue estimates for CAR’s current fiscal year. The highest revenue estimate was $11.92B, while the lowest revenue estimate was $11.52B, resulting in an average revenue estimate of $11.71B. In the same quarter a year ago, actual revenue was $11.79BBased on 7 analysts’ estimates, the company’s revenue will be $11.97B in the next fiscal year. The high estimate is $12.15B and the low estimate is $11.69B.
