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Avis Budget Group, Inc. (CAR)

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90.33 -1.73 (-1.88%)
As of 1:31 PM EST. Market Open.
Loading Chart for CAR
DELL
  • Previous Close 92.06
  • Open 91.04
  • Bid 90.09 x 100
  • Ask 90.68 x 100
  • Day's Range 89.50 - 94.32
  • 52 Week Range 65.73 - 204.77
  • Volume 407,635
  • Avg. Volume 688,285
  • Market Cap (intraday) 3.222B
  • Beta (5Y Monthly) 2.13
  • PE Ratio (TTM) 4.44
  • EPS (TTM) 20.35
  • Earnings Date Oct 31, 2024
  • Forward Dividend & Yield --
  • Ex-Dividend Date Dec 14, 2023
  • 1y Target Est 123.13

Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers in the Americas, Europe, the Middle East and Africa, Asia, and Australasia. It operates the Avis brand, that offers vehicle rental and other mobility solutions to the premium commercial and leisure segments of the travel industry; and the Zipcar brand, a car sharing network, as well as the Budget brand, a supplier of vehicle rental and other mobility solutions focused primarily on more value-conscious customers comprising Budget car rental, and Budget Truck, a local, and one-way truck and cargo van rental businesses with a fleet of approximately 19,000 vehicles, which are rented through a network of dealer-operated and company-operated locations that serve the light commercial and consumer sectors in the continental United States. The company also operates various other car rental brands, such as Payless, Apex, Maggiore, Morini Rent, FranceCars, AmicoBlu, Turiscar, and ACL Hire and McNicoll Hire, as well as TurisPrime and RubyCa. In addition, it offers optional insurance products and coverages, such as supplemental liability, personal accident, personal effects protection, emergency sickness protection, automobile towing protection, and cargo insurance products; fuel service options, roadside assistance services, electronic toll collection services; and access to satellite radio, mobile WiFi devices, GPS navigation, and child safety seat rentals; automobile towing equipment and other moving accessories, such as hand trucks, furniture pads, and moving supplies; and Avis Budget Group Business Intelligence, an online portal complete with rental summary dashboards, visualizations, and detailed reports. The company was formerly known as Cendant Corporation and changed its name to Avis Budget Group, Inc. in September 2006. Avis Budget Group, Inc. was founded in 1946 and is based in Parsippany, New Jersey.

www.avisbudgetgroup.com

18,000

Full Time Employees

December 31

Fiscal Year Ends

Recent News: CAR

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Performance Overview: CAR

Trailing total returns as of 11/4/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

CAR
49.04%
S&P 500
19.95%

1-Year Return

CAR
52.47%
S&P 500
31.28%

3-Year Return

CAR
68.11%
S&P 500
22.76%

5-Year Return

CAR
242.61%
S&P 500
86.55%

Compare To: CAR

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: CAR

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Valuation Measures

Annual
As of 11/1/2024
  • Market Cap

    3.23B

  • Enterprise Value

    30.32B

  • Trailing P/E

    4.52

  • Forward P/E

    --

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    0.28

  • Price/Book (mrq)

    --

  • Enterprise Value/Revenue

    2.52

  • Enterprise Value/EBITDA

    6.29

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    3.34%

  • Return on Assets (ttm)

    3.29%

  • Return on Equity (ttm)

    --

  • Revenue (ttm)

    11.84B

  • Net Income Avi to Common (ttm)

    396M

  • Diluted EPS (ttm)

    20.35

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    602M

  • Total Debt/Equity (mrq)

    --

  • Levered Free Cash Flow (ttm)

    996.37M

Research Analysis: CAR

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Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 3.48B
Earnings 237M
Q4'23
Q1'24
Q2'24
Q3'24
0
1B
2B
3B
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

90.00
123.13 Average
90.33 Current
160.00 High
 

Company Insights: CAR

Research Reports: CAR

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  • Rating decreased to a SELL

    AVIS BUDGET GROUP INC has an Investment Rating of SELL; a target price of $70.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Low; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • Raising target price to $84.00

    AVIS BUDGET GROUP INC has an Investment Rating of HOLD; a target price of $84.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Low; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of High.

    Rating
    Price Target
     
  • Lowering target price to $81.00

    AVIS BUDGET GROUP INC has an Investment Rating of HOLD; a target price of $81.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Low; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of High.

    Rating
    Price Target
     
  • Raising target price to $92.00

    AVIS BUDGET GROUP INC has an Investment Rating of HOLD; a target price of $92.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Low; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
     

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