Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Avis Budget Group Inc Market Cap
From what 9 stock analysts predict, the share price for Avis Budget Group Inc (CAR) might increase by 12.08% in the next year. This is based on a 12-month average estimation for CAR. Price targets go from $85 to $150. The majority of stock analysts believe CAR is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 9 Wall Street analysts have assignedCAR 5 buy ratings, 4 hold ratings, and 0 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.
These are the latest 20 analyst ratings of CAR.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| John Healy Northcoast Research | Neutral | Downgrade | Nov 18, 2024 | |
| Chris Woronka Deutsche Bank | Buy | $143 | Maintains | Nov 5, 2024 |
| Ryan Brinkman JP Morgan | Overweight | $150 | Maintains | Nov 4, 2024 |
| Lizzie Dove Goldman Sachs | Neutral | $90 | Maintains | Oct 11, 2024 |
| Dan Levy Barclays | Equal-Weight | $105 | Initiates | Sep 19, 2024 |
| Christopher Stathoulopoulos Susquehanna | Neutral | $95 | Maintains | Aug 9, 2024 |
| Lizzie Dove Goldman Sachs | Neutral | $105 | Maintains | Aug 8, 2024 |
| Ryan Brinkman JP Morgan | Overweight | $175 | Maintains | Aug 7, 2024 |
| Lizzie Dove Goldman Sachs | Neutral | $120 | Maintains | Jul 10, 2024 |
| John Babcock B of A Securities | Buy | $140 | Maintains | May 1, 2024 |
| Christopher Stathoulopoulos Susquehanna | Neutral | $117 | Maintains | Apr 30, 2024 |
| Chris Woronka Deutsche Bank | Buy | $183 | Maintains | Apr 18, 2024 |
| Adam Jonas Morgan Stanley | Overweight | $187 | Maintains | Apr 10, 2024 |
| Lizzie Dove Goldman Sachs | Neutral | $130 | Upgrade | Apr 4, 2024 |
| John Healy Northcoast Research | Buy | $155 | Upgrade | Mar 25, 2024 |
| John Babcock B of A Securities | Buy | $170 | Initiates | Mar 19, 2024 |
| Adam Jonas Morgan Stanley | Overweight | $190 | Maintains | Feb 23, 2024 |
| Ryan Brinkman JP Morgan | Overweight | $240 | Maintains | Feb 14, 2024 |
| Christopher Stathoulopoulos Susquehanna | Neutral | $145 | Maintains | Feb 14, 2024 |
| Lizzie Dove Goldman Sachs | Sell | $164 | Initiates | Dec 7, 2023 |
When did it IPO
1990
Staff Count
18,000
Country
United States
Sector/Industry
Industrials/Rental & Leasing Services
CEO
Mr. Joseph A. Ferraro
Market Cap
$3.83B
In 2023, CAR generated $12.66B 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 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Wed, 20 Nov 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - AT&T, Altria Group, and Energy Transfer are highlighted as top dividend buys. Analysts predict 15.47%-28.33% gains by Nov 2025, with Energy Transfer as the safest option.
Why It Matters - Strong dividend yields from AT&T, Altria, and Energy Transfer suggest attractive income potential. Forecasted gains signal growth opportunities, while cash flow concerns highlight risks in other stocks.
Mon, 11 Nov 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - CAR's Q3 2024 revenue declined, primarily due to reduced earnings from the Americas region.
Why It Matters - A decline in CAR's third-quarter revenues, particularly from the Americas, signals potential financial instability and could impact stock performance and investor confidence.
Fri, 08 Nov 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Canadian Apartment Properties REIT will hold its Q3 2024 Earnings Conference Call on November 8, 2024, at 9:00 AM ET, featuring key executives and analysts from various financial institutions.
Why It Matters - The earnings call provides insights into Canadian Apartment Properties REIT's performance, which can influence investor sentiment and stock valuation based on financial results and future guidance.
Fri, 01 Nov 2024
Sentiment - POSITIVE
Source - The Motley Fool
Summary - Avis Budget's earnings remained flat in 2024, but expectations for growth in 2025 are more positive.
Why It Matters - Stagnant earnings in 2024 may signal short-term challenges for Avis Budget, but projected growth in 2025 could indicate a recovery and potential for future profitability.
Fri, 01 Nov 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Avis Budget Group, Inc. (NASDAQ: CAR) will hold its Q3 2024 earnings conference call on November 1, 2024, at 8:30 AM ET, featuring key executives and financial analysts.
Why It Matters - The upcoming earnings call for Avis Budget Group will provide key insights into its financial performance and outlook, influencing stock valuations and investor sentiment.
Thu, 31 Oct 2024
Sentiment - NEGATIVE
Source - Market Watch
Summary - Avis Budget Group's stock declined in after-hours trading following third-quarter earnings that missed analysts' estimates.
Why It Matters - Avis Budget Group's lower-than-expected earnings may signal weakened demand or increased costs, potentially leading to reduced investor confidence and lower stock valuations.
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