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Avis Budget Group, Inc is a rental & leasing services business based in the US. Avis Budget Group shares (CAR) are listed on the NASDAQ and all prices are listed in US Dollars. Avis Budget Group employs 21,200 staff and has a trailing 12-month revenue of around USD$7.4 billion.
|Latest market close||USD$33.1|
|52-week range||USD$6.35 - USD$52.98|
|50-day moving average||USD$30.9947|
|200-day moving average||USD$24.8664|
|Wall St. target price||USD$39.6|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$3.131|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-11-25)||-11.90%|
|1 month (2020-11-06)||6.95%|
|3 months (2020-09-04)||-5.08%|
|6 months (2020-06-05)||5.31%|
|1 year (2019-12-05)||11.11%|
|2 years (2018-12-04)||18.81%|
|3 years (2017-12-05)||-15.75%|
|5 years (2015-12-04)||-7.05%|
Valuing Avis Budget Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Avis Budget Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Avis Budget Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Avis Budget Group shares trade at around 10x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Avis Budget Group's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.76. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Avis Budget Group's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Avis Budget Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$373 million.
The EBITDA is a measure of a Avis Budget Group's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$7.4 billion|
|Operating margin TTM||2.85%|
|Gross profit TTM||USD$2.7 billion|
|Return on assets TTM||0.57%|
|Return on equity TTM||-276.23%|
|Market capitalisation||USD$2.3 billion|
TTM: trailing 12 months
There are currently 12.4 million Avis Budget Group shares held short by investors – that's known as Avis Budget Group's "short interest". This figure is 6.4% down from 13.2 million last month.
There are a few different ways that this level of interest in shorting Avis Budget Group shares can be evaluated.
Avis Budget Group's "short interest ratio" (SIR) is the quantity of Avis Budget Group shares currently shorted divided by the average quantity of Avis Budget Group shares traded daily (recently around 1.9 million). Avis Budget Group's SIR currently stands at 6.53. In other words for every 100,000 Avis Budget Group shares traded daily on the market, roughly 6530 shares are currently held short.
However Avis Budget Group's short interest can also be evaluated against the total number of Avis Budget Group shares, or, against the total number of tradable Avis Budget Group shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Avis Budget Group's short interest could be expressed as 0.18% of the outstanding shares (for every 100,000 Avis Budget Group shares in existence, roughly 180 shares are currently held short) or 0.2355% of the tradable shares (for every 100,000 tradable Avis Budget Group shares, roughly 236 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Avis Budget Group.
Find out more about how you can short Avis Budget Group stock.
We're not expecting Avis Budget Group to pay a dividend over the next 12 months.
Avis Budget Group's shares were split on a 1:10 basis on 5 September 2006. So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Avis Budget Group shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Avis Budget Group shares which in turn could have impacted Avis Budget Group's share price.
Over the last 12 months, Avis Budget Group's shares have ranged in value from as little as $6.35 up to $52.98. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Avis Budget Group's is 2.6029. This would suggest that Avis Budget Group's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers. It operates the Avis brand, a vehicle rental system that supply rental cars to the premium commercial and leisure segments of the travel industry; the Budget Truck brand, a local and one-way truck rental businesses with a fleet of approximately 20,000 vehicles, which are rented through a network of approximately 575 dealer-operated and 420 company-operated locations that serve the consumer and light commercial sectors in the continental United States; and the Zipcar brand, a car sharing network. The company also operates various other car rental brands, such as Payless, Apex, Maggiore, Morini Rent, FranceCars, and Turiscar. In addition, it offers optional insurance products and coverages, such as supplemental liability, personal accident, personal effects protection, emergency sickness protection, and cargo insurance products; fuel service options, chauffeur drive services, roadside assistance services, electronic toll collection services, curbside delivery, tablet rentals, access to satellite radio, portable navigation units, and child safety seat rentals; automobile towing equipment and other moving accessories, such as hand trucks, furniture pads, and moving supplies; and Business Intelligence solution, an online portal for corporate travel. Avis Budget Group, Inc. operates in approximately 5,500 locations worldwide. 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 headquartered in Parsippany, New Jersey.
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