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.
The price of Avis Budget Group Inc (NASDAQ: CAR) closed at $59.48 in the last session, down -1.95% from day before closing price of $60.66. In other words, the price has decreased by -$1.95 from its previous closing price. On the day, 1.44 million shares were traded. CAR stock price reached its highest trading level at $60.92 during the session, while it also had its lowest trading level at $58.89.
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 0.75 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:
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:
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 2129800320 and an Enterprise Value of 27678369792. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.18. Its current Enterprise Value per Revenue stands at 2.348 whereas that against EBITDA is 19.328.
Stock Price History:
The Beta on a monthly basis for CAR is 2.15, which has changed by -0.5173253 over the last 52 weeks, in comparison to a change of 0.10063088 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 -26.20%, while the 200-Day Moving Average is calculated to be -33.44%.
Shares Statistics:
According to the various share statistics, CAR traded on average about 859.61K shares per day over the past 3-months and 1601010 shares per day over the past 10 days. A total of 35.00M shares are outstanding, with a floating share count of 33.94M. Insiders hold about 3.34% of the company’s shares, while institutions hold 101.49% stake in the company. Shares short for CAR as of 1740700800 were 3775495 with a Short Ratio of 4.39, 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.
Earnings Estimates
The dynamic stock of Avis Budget Group Inc (CAR) is currently being evaluated by a team of 4.0 analysts, each contributing to its current rating.The consensus estimate for the next quarter is $2.11, with high estimates of $2.91 and low estimates of $0.75.
Analysts are recommending an EPS of between $11.3 and $7.63 for the fiscal current year, implying an average EPS of $9.06. EPS for the following year is $14.78, with 5.0 analysts recommending between $18.9 and $8.41.
Revenue Estimates
According to 5 analysts, the current quarter’s revenue is expected to be $2.49B. It ranges from a high estimate of $2.52B to a low estimate of $2.46B. As of the current estimate, Avis Budget Group Inc’s year-ago sales were $2.55BFor the next quarter, 5 analysts are estimating revenue of $3.12B. There is a high estimate of $3.21B for the next quarter, whereas the lowest estimate is $3.07B.
A total of 7 analysts have provided revenue estimates for CAR’s current fiscal year. The highest revenue estimate was $12.16B, while the lowest revenue estimate was $11.81B, resulting in an average revenue estimate of $11.98B. In the same quarter a year ago, actual revenue was $11.79BBased on 7 analysts’ estimates, the company’s revenue will be $12.24B in the next fiscal year. The high estimate is $12.46B and the low estimate is $11.97B.
