Avis Budget Group Inc. (CAR) is a featured asset that has had a potential return of 867.62% from trading between 2020-10-23 – 2023-07-28 with our AI strategy. On average, a trade made 96.4% and was 79.0 days in the long position, with a total of 9.0 positions taken over the period. The trading idea suggests that CAR is a STRONGBUY since 2023-09-27 at a buy price target of 178.13, based on a model that has an overall accuracy of 0.72 when predicting an upward trend in the following 2 weeks. The analyst consensus price target is 224.25.
Avis Budget Group Inc (CAR) is a leading provider of car and truck rental, car sharing and ancillary services to businesses and consumers. The company is headquartered in Parsippany, New Jersey and its stock symbol is CAR. Founded in 1946, Avis Budget Group Inc has grown to become one of the largest vehicle rental companies in the world. It is one of the most well-known companies in the auto rental industry, offering a wide range of services like car rentals, car sharing, and other ancillary services.
Avis Budget Group Inc has a market capitalization of $9.1 billion and its stock is currently trading at $178.13. The company has a fiscal year end of December, and its latest reported quarter ended on September 30, 2022. The company reported an earnings per share (EPS) of $51.14, a price to earnings ratio (PE) of 4.312, a price to book ratio (PBR) of 7.14, and a price to sales ratio (P/S) of 0.651. The company also reported a dividend per share of $0 and a dividend yield of 0%.
In terms of historic company performance, Avis Budget Group Inc reported an EPS of $41.63 in 2011, and an EPS of $37.14 in 2012. The company then reported a decline in EPS to $25.87 in 2013, but recovered in 2014 to report an EPS of $31.06. In 2015, the company reported an EPS of $31.95, and in 2016, the company reported an EPS of $45.54. In 2017, the company reported an EPS of $46.77, and in 2018, the company reported an EPS of $48.51. In 2019, the company reported an EPS of $50.20, and in 2020, the company reported an EPS of $50.50.
In terms of share price performance, Avis Budget Group Inc’s stock was trading at a low of $131.83 in September 2020, and then rose to a high of $327.8 in June 2021. This represents a gain of 148.50% over this period. Since June 2021, the stock has been trading in a range between $178.13 and $224.25.
Overall, Avis Budget Group Inc is a leader in the auto rental industry and is well-positioned to benefit from continued growth in the sector. The company’s stock is currently trading at $178.13, and the stock has seen a gain of 148.50% since September 2020. The company has reported strong EPS growth over the past few years, and analysts have a target price of $224.25 for the stock. Investors looking for exposure to the auto rental sector may want to consider Avis Budget Group Inc.
Symbol: CAR
AssetType: Common Stock
Name: Avis Budget Group Inc
Description: Avis Budget Group, Inc., offers car and truck rental, car sharing and ancillary services to businesses and consumers. The company is headquartered in Parsippany, New Jersey.
CIK: 723612
Exchange: NASDAQ
Currency: USD
Country: USA
Sector: TRADE & SERVICES
Industry: SERVICES-AUTO RENTAL & LEASING (NO DRIVERS)
Address: 6 SYLVAN WAY, PARSIPPANY, US
FiscalYearEnd: December
LatestQuarter: 2022-09-30
MarketCapitalization: 9143341000
EBITDA: 4397000000
PERatio: 4.312
PEGRatio: 1.76
BookValue: -11.84
DividendPerShare: 0
DividendYield: 0
EPS: 51.14
RevenuePerShareTTM: 230.43
ProfitMargin: 0.231
OperatingMarginTTM: 0.361
ReturnOnAssetsTTM: 0.114
ReturnOnEquityTTM: -2.731
RevenueTTM: 11792000000
GrossProfitTTM: 4007000000
DilutedEPSTTM: 51.14
QuarterlyEarningsGrowthYOY: 1.074
QuarterlyRevenueGrowthYOY: 0.182
AnalystTargetPrice: 224.25
TrailingPE: 4.312
ForwardPE: 6.47
PriceToSalesRatioTTM: 0.651
PriceToBookRatio: 7.14
EVToRevenue: 2.289
EVToEBITDA: 4.047
Beta: 2.354
52WeekHigh: 327.8
52WeekLow: 131.83
50DayMovingAverage: 188.95
200DayMovingAverage: 187.64
SharesOutstanding: 41466400
DividendDate: None
ExDividendDate: 2006-02-23
| Date | Symbol | Prediction | Model Accuracy | Price Target | Analyst Target |
|---|---|---|---|---|---|
| 2023-09-27 | CAR | STRONGBUY | 0.72 | 178.13 | 224.25 |
| 2023-09-25 | CAR | MEDIUMBUY | 0.72 | 180.84 | 224.25 |
| 2023-09-22 | CAR | WEAKBUY | 0.72 | 188.72 | 224.25 |
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