Avis Budget Group Inc

Avis Budget Group Inc Stock Forecast & Price Prediction

Live Avis Budget Group Inc Stock (CAR) Price
$100.05

4

Ratings

  • Buy 2
  • Hold 1
  • Sell 1
Disclaimer : The analyst ratings and price forecast data are provided by Tradefeeds. The data is sourced from Wall Street analysts and other experienced experts. The figures presented are solely a forecast and not a guarantee of future price performance. The information presented is not a recommendation to buy or sell the stock.

Stock Price

$100.05

P/E Ratio

P/E Ratio not available for CAR

Volume Traded Today

$1.0M

Dividend

Dividends not available for CAR

52 Week High/low

244.95/99.60

Avis Budget Group Inc Market Cap

$3.59B

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CAR Summary

From what 4 stock analysts predict, the share price for Avis Budget Group Inc (CAR) might increase by 76.16% in the next year. This is based on a 12-month average estimation for CAR. Price targets go from $118.00 to $240.00. The majority of stock analysts believe CAR is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

CAR Analyst Ratings

About 4 Wall Street analysts have assignedCAR 2 buy ratings, 1 hold ratings, and 1 sell ratings. This means that analysts expect Avis Budget Group Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CAR. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

CAR stock forecast by analyst

Analyst/Firm

Rating

Price Target

Change

Date

ryan brinkman
J.P. Morgan

Buy

$240.0

maintained

Feb 14, 2024
chris woronka
Deutsche Bank

Buy

$202.0

maintained

Feb 14, 2024
christopher stathoulopoulos
Susquehanna

Hold

$145.0

maintained

Feb 14, 2024
lizzie dove
Goldman Sachs

Sell

$118.0

reiterated

Feb 13, 2024
stephanie moore
Jefferies

Buy

$280.0

maintained

Oct 19, 2023
adam jonas
Morgan Stanley

Buy

$230.0

reiterated

Aug 3, 2023
hamzah mazari
Jefferies

Buy

$309.0

maintained

Aug 2, 2022
brian johnson
Barclays

Hold

$158.0

maintained

Jul 5, 2022
john murphy
Bank of America Securities

Sell

$240.0

reiterated

May 3, 2022
billy kovanis
Morgan Stanley

Sell

$168.0

reiterated

Feb 15, 2022
john healy
Northcoast Research

Hold

None

maintained

Feb 1, 2022
derek glynn
Consumer Edge Research

Hold

None

downgraded

Mar 27, 2020
samik chatterjee
J.P. Morgan

Buy

$47.0

maintained

Nov 8, 2017
anjaneya singh
Credit Suisse

Hold

$29.0

maintained

Nov 8, 2017
christopher agnew
MKM Partners

Buy

$49.0

maintained

Oct 12, 2017
kevin milota
J.P. Morgan

Hold

$24.0

reiterated

May 3, 2016
manish somaiya
Citigroup

Hold

None

maintained

Feb 25, 2016
kelly knybel
Deutsche Bank

Hold

$42.0

initiatedcoverage

Dec 11, 2013
afua ahwoi
Goldman Sachs

Hold

$30.0

downgraded

Sep 27, 2013
matthew fassler
Goldman Sachs

Buy

None

maintained

Apr 9, 2013

CAR Company Information

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.

CAR
Avis Budget Group Inc (CAR)

When did it IPO

0

Staff Count

18,000

Country

United States

Sector/Industry

Industrials/Rental & Leasing Services

CEO

Mr. Joseph A. Ferraro

Market Cap

$3.59B

Avis Budget Group Inc(CAR) Financial Data

In 2023, CAR generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CAR's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2019

N/A

Revenue From 2020

N/A

0.00 %
From Previous Year

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year
  • Revenue TTM $12.01B
  • Operating Margin TTM 0.17%
  • Gross profit TTM $10.76B
  • Return on assets TTM 0.06%
  • Return on equity TTM -3.95%
  • Profit margin 0.13590999%
  • Book value -9.86%
  • Market capitalisation $3.59B
  • Revenue for 2020 N/A
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • EPS this year 42.08
  • EPS next year N/A
... ...

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CAR Frequently asked questions

The highest forecasted price for CAR is $240.00 from john murphy at Bank of America Securities.

The lowest forecasted price for CAR is $118.00 from lizzie dove from Goldman Sachs

The CAR analyst ratings consensus are 2 buy ratings, 1 hold ratings, and 1 sell ratings.