The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, Avis Budget Group Inc (NASDAQ: CAR) closed at $81.42 up 0.54% from its previous closing price of $80.98. In other words, the price has increased by $0.54 from its previous closing price. On the day, 0.84 million shares were traded. CAR stock price reached its highest trading level at $82.04 during the session, while it also had its lowest trading level at $79.66.
Ratios:
For a deeper understanding of Avis Budget Group Inc’s stock, let’s take a closer look at its various ratios. 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:
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 2861033472 and an Enterprise Value of 29084571648. As of this moment, Avis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.44, and their Forward P/E ratio for the next fiscal year is 7.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24. Its current Enterprise Value per Revenue stands at 2.456 whereas that against EBITDA is 15.79.
Stock Price History:
Over the past 52 weeks, CAR has reached a high of $188.36, while it has fallen to a 52-week low of $65.73. The 50-Day Moving Average of the stock is -12.55%, while the 200-Day Moving Average is calculated to be -18.06%.
Shares Statistics:
For the past three months, CAR has traded an average of 676.88K shares per day and 644830 over the past ten days. A total of 35.00M shares are outstanding, with a floating share count of 34.03M. Insiders hold about 3.15% of the company’s shares, while institutions hold 101.04% stake in the company. Shares short for CAR as of 1732838400 were 2523766 with a Short Ratio of 3.73, compared to 1730332800 on 3344147. Therefore, it implies a Short% of Shares Outstanding of 2523766 and a Short% of Float of 20.349999999999998.
