Market Watch Highlights: Avis Budget Group Inc (CAR) Ends on an Upturn Note at 96.30

Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.

As of close of business last night, Avis Budget Group Inc’s stock clocked out at $96.30, up 0.14% from its previous closing price of $96.17. In other words, the price has increased by $0.14 from its previous closing price. On the day, 1.2 million shares were traded.

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:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29.

Stock Price History:

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 28.60%, while the 200-Day Moving Average is calculated to be 12.59%.

Shares Statistics:

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 98.60% stake in the company.

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