Market Watch Highlights: Avis Budget Group Inc (CAR) Ends on an Upturn Note at 76.78

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As of close of business last night, Avis Budget Group Inc’s stock clocked out at $76.78, up 1.90% from its previous closing price of $75.35. In other words, the price has increased by $1.90 from its previous closing price. On the day, 1.23 million shares were traded. CAR stock price reached its highest trading level at $79.0 during the session, while it also had its lowest trading level at $74.015.

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 0.75 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:

Investing in insider trades can also provide an investor with insight into how management views future 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 2702056960 and an Enterprise Value of 28235571200. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23. Its current Enterprise Value per Revenue stands at 2.395 whereas that against EBITDA is 19.718.

Stock Price History:

The Beta on a monthly basis for CAR is 2.14, which has changed by -0.3617623 over the last 52 weeks, in comparison to a change of 0.101756096 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 -2.58%, while the 200-Day Moving Average is calculated to be -13.06%.

Shares Statistics:

It appears that CAR traded 1.08M shares on average per day over the past three months and 2252610 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 101.26% stake in the company. Shares short for CAR as of 1741910400 were 4582048 with a Short Ratio of 4.26, compared to 1739491200 on 2812986. Therefore, it implies a Short% of Shares Outstanding of 4582048 and a Short% of Float of 37.03.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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