Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Avis Budget Group Inc (NASDAQ: CAR) was $69.68 for the day, down -1.68% from the previous closing price of $70.87. In other words, the price has decreased by -$1.68 from its previous closing price. On the day, 1.32 million shares were traded. CAR stock price reached its highest trading level at $70.86 during the session, while it also had its lowest trading level at $66.82.
Ratios:
Our analysis of CAR’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 2452192512 and an Enterprise Value of 28036495360. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.21. Its current Enterprise Value per Revenue stands at 2.378 whereas that against EBITDA is 19.579.
Stock Price History:
The Beta on a monthly basis for CAR is 2.12, which has changed by -0.37735683 over the last 52 weeks, in comparison to a change of 0.059571505 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 -8.08%, while the 200-Day Moving Average is calculated to be -19.86%.
Shares Statistics:
CAR traded an average of 1.25M shares per day over the past three months and 2168140 shares per day over the past ten days. 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 101.25% stake in the company. Shares short for CAR as of 1743379200 were 5446868 with a Short Ratio of 4.35, compared to 1740700800 on 3775495. Therefore, it implies a Short% of Shares Outstanding of 5446868 and a Short% of Float of 32.509997.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
