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After finishing at $83.59 in the prior trading day, Avis Budget Group Inc (NASDAQ: CAR) closed at $87.19, up 4.31%. In other words, the price has increased by $4.31 from its previous closing price. On the day, 1.4 million shares were traded.
Ratios:
Our goal is to gain a better understanding of CAR by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.21. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 0.70.
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.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26.
Stock Price History:
Over the past 52 weeks, CAR has reached a high of $160.99, while it has fallen to a 52-week low of $65.73. The 50-Day Moving Average of the stock is -2.39%, while the 200-Day Moving Average is calculated to be -8.12%.
Shares Statistics:
A total of 35.14M shares are outstanding, with a floating share count of 34.03M. Insiders hold about 3.15% of the company’s shares, while institutions hold 103.89% stake in the company.
