In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Avis Budget Group Inc (NASDAQ: CAR) closed the day trading at $61.95 up 11.64% from the previous closing price of $55.49. In other words, the price has increased by $11.64 from its previous closing price. On the day, 2.11 million shares were traded. CAR stock price reached its highest trading level at $63.175 during the session, while it also had its lowest trading level at $55.69.
Ratios:
For a better understanding of CAR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.75 and its Current Ratio is at 0.75.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CAR now has a Market Capitalization of 2175089408 and an Enterprise Value of 27765092352. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.18. Its current Enterprise Value per Revenue stands at 2.355 whereas that against EBITDA is 19.389.
Stock Price History:
The Beta on a monthly basis for CAR is 2.19, which has changed by -0.42702556 over the last 52 weeks, in comparison to a change of 0.09506309 over the same period for the S&P500. Over the past 52 weeks, CAR has reached a high of $132.25, while it has fallen to a 52-week low of $54.03. The 50-Day Moving Average of the stock is -26.24%, while the 200-Day Moving Average is calculated to be -32.05%.
Shares Statistics:
Over the past 3-months, CAR traded about 776.19K shares per day on average, while over the past 10 days, CAR traded about 1443380 shares per day. A total of 35.00M shares are outstanding, with a floating share count of 33.98M. Insiders hold about 3.21% of the company’s shares, while institutions hold 101.50% stake in the company. Shares short for CAR as of 1740700800 were 3775495 with a Short Ratio of 4.86, compared to 1738281600 on 2348898. Therefore, it implies a Short% of Shares Outstanding of 3775495 and a Short% of Float of 30.509999999999998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The current Payout Ratio is 0.00% for CAR, which recently paid a dividend on 2023-12-14 with an ex-dividend date of 1702512000. Stock splits for the company last occurred on 2006-09-05 when the company split stock in a 1:10 ratio.
