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As of close of business last night, Avis Budget Group Inc’s stock clocked out at $78.86, down -2.59% from its previous closing price of $80.96. In other words, the price has decreased by -$2.59 from its previous closing price. On the day, 0.61 million shares were traded. CAR stock price reached its highest trading level at $80.61 during the session, while it also had its lowest trading level at $75.88.
Ratios:
To gain a deeper understanding of CAR’s stock, we examine its different 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 2771077376 and an Enterprise Value of 29010077696. As of this moment, Avis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.21, and their Forward P/E ratio for the next fiscal year is 7.42. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23. Its current Enterprise Value per Revenue stands at 2.45 whereas that against EBITDA is 15.749.
Stock Price History:
Over the past 52 weeks, CAR has reached a high of $181.50, while it has fallen to a 52-week low of $65.73. The 50-Day Moving Average of the stock is -15.34%, while the 200-Day Moving Average is calculated to be -20.15%.
Shares Statistics:
It appears that CAR traded 674.71K shares on average per day over the past three months and 677900 shares per day 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 1734048000 were 2588575 with a Short Ratio of 3.84, compared to 1731628800 on 2912673. Therefore, it implies a Short% of Shares Outstanding of 2588575 and a Short% of Float of 20.87.
