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CAR

CAR - Avis Budget Group Inc Stock Price, Fair Value and News

113.68USD+1.30 (+1.16%)Market Closed

Market Summary

CAR
USD113.68+1.30
Market Closed
1.16%

CAR Alerts

  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

CAR Stock Price

View Fullscreen

CAR RSI Chart

CAR Valuation

Market Cap

4.0B

Price/Earnings (Trailing)

3.32

Price/Sales (Trailing)

0.33

EV/EBITDA

5.07

Price/Free Cashflow

1.11

CAR Price/Sales (Trailing)

CAR Profitability

EBT Margin

11.46%

Return on Equity

-237.4%

Return on Assets

3.6%

Free Cashflow Yield

89.81%

CAR Fundamentals

CAR Revenue

Revenue (TTM)

12.0B

Rev. Growth (Yr)

-0.23%

Rev. Growth (Qtr)

-7.71%

CAR Earnings

Earnings (TTM)

1.2B

Earnings Growth (Yr)

-136.54%

Earnings Growth (Qtr)

-144.02%

Breaking Down CAR Revenue

52 Week Range

115.49
(Low)(High)

Last 7 days

6.8%

Last 30 days

-1.1%

Last 90 days

-1.0%

Trailing 12 Months

-49.6%

How does CAR drawdown profile look like?

CAR Financial Health

Current Ratio

0.76

Debt/Equity

-9.91

Debt/Cashflow

0.72

CAR Investor Care

Buy Backs (1Y)

10.35%

Diluted EPS (TTM)

31.55

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202412.0B000
202312.1B12.0B12.0B12.0B
202210.4B11.2B11.8B12.0B
20215.0B6.6B8.1B9.3B
20209.0B7.4B6.2B5.4B
20199.1B9.1B9.1B9.2B
20189.0B9.1B9.1B9.1B
20178.6B8.6B8.7B8.8B
20168.5B8.6B8.7B8.7B
20158.5B8.5B8.5B8.5B
20148.1B8.3B8.4B8.5B
20137.4B7.6B7.8B7.9B
20125.0B5.5B6.0B7.4B
20115.3B5.4B5.5B4.6B
20105.1B5.1B5.1B5.2B
200905.7B5.4B5.1B
20080006.0B

Tracking the Latest Insider Buys and Sells of Avis Budget Group Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 22, 2024
hees bernardo
acquired
76,486
113
673
-
Mar 09, 2024
linnen edward p
sold (taxes)
-480,756
111
-4,294
evp, chief hr officer
Mar 09, 2024
choi brian j
acquired
-
-
26,412
evp and cto - see remarks
Mar 09, 2024
degenova cathleen
acquired
-
-
2,396
chief accounting officer
Mar 09, 2024
ferraro joseph a.
sold (taxes)
-4,751,250
111
-42,437
president and ceo
Mar 09, 2024
martins izilda p
acquired
-
-
13,981
evp and cfo
Mar 09, 2024
simhambhatla ravi
acquired
-
-
756
evp, cdio - see remarks
Mar 09, 2024
hees bernardo
acquired
-
-
25,392
executive chairman
Mar 09, 2024
martins izilda p
sold (taxes)
-681,053
111
-6,083
evp and cfo
Mar 09, 2024
degenova cathleen
sold (taxes)
-124,723
111
-1,114
chief accounting officer

1–10 of 50

Which funds bought or sold CAR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
added
2.75
-28,824
35,699
-%
Jun 04, 2024
DekaBank Deutsche Girozentrale
unchanged
-
-36,000
80,000
-%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
-442,000
988,000
0.01%
May 24, 2024
Invst, LLC
sold off
-100
-484,785
-
-%
May 22, 2024
BURNEY CO/
sold off
-100
-1,133,760
-
-%
May 17, 2024
New Covenant Trust Company, N.A.
new
-
9,307
9,307
0.01%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-17.53
-1,721,740
2,280,080
-%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-2.01
-7,865,450
16,481,000
-%
May 16, 2024
B. Riley Wealth Advisors, Inc.
added
26.91
190,500
855,145
0.02%
May 16, 2024
Pineridge Advisors LLC
sold off
-100
-709
-
-%

1–10 of 37

Are Funds Buying or Selling CAR?

Are funds buying CAR calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CAR
No. of Funds

Unveiling Avis Budget Group Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
5.03%
1,822,750
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G/A
Oct 06, 2023
blackrock inc.
5.0%
1,920,052
SC 13G/A
Aug 25, 2023
srs investment management, llc
45.0%
17,430,882
SC 13D/A
Feb 14, 2023
nomura holdings inc
2.2%
900,684
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
5.10%
2,115,373
SC 13G/A
Feb 01, 2023
blackrock inc.
5.7%
2,363,381
SC 13G/A
Dec 27, 2022
srs investment management, llc
44.4%
18,430,882
SC 13D/A
Dec 02, 2022
srs investment management, llc
44.4%
18,430,882
SC 13D/A

Recent SEC filings of Avis Budget Group Inc

View All Filings
Date Filed Form Type Document
May 24, 2024
8-K
Current Report
May 24, 2024
4
Insider Trading
May 21, 2024
8-K
Current Report
May 02, 2024
10-Q
Quarterly Report
May 01, 2024
8-K
Current Report
Apr 03, 2024
DEFA14A
DEFA14A
Apr 03, 2024
DEF 14A
DEF 14A
Mar 18, 2024
8-K
Current Report

Peers (Alternatives to Avis Budget Group Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
101.5B
18.9B
-2.38% 12.51%
27.44
5.37
7.08% 13.46%
71.9B
9.4B
0.98% 45.44%
47.81
7.64
9.34% 15.98%
52.2B
4.2B
0.56% 21.50%
37.6
12.53
10.92% 20.33%
29.6B
5.4B
-1.02% 5.83%
53.1
5.53
5.76% -4.95%
20.0B
10.7B
0.83% 41.01%
33.04
1.88
15.15% 122.86%
10.2B
3.6B
-5.61% -0.19%
18.8
2.81
4.33% 10.69%
MID-CAP
6.8B
6.2B
-3.50% -8.26%
19.35
1.11
-13.83% -42.32%
5.3B
2.6B
28.13% 28.22%
-273.88
2.02
-3.11% -123.81%
5.2B
2.7B
-2.53% 14.53%
8.81
1.93
15.08% 18.59%
3.3B
8.2B
9.67% 27.42%
13.25
0.4
3.28% 27.24%
2.0B
2.7B
-7.12% 94.59%
19.3
0.72
104.63% 188.16%
SMALL-CAP
289.4M
1.9B
-3.43% -45.30%
32.51
0.15
15.20% -4.30%
112.3M
283.1M
-5.78% -10.31%
12.83
0.4
-0.83% -20.92%
39.6M
212.0K
-12.50% -67.59%
-1.58
213.63
-40.62% -60.52%
8.1M
81.0M
-13.69% -14.05%
-7.32
0.1
-5.10% -9.75%

Avis Budget Group Inc News

Latest updates
Defense World34 hours ago
Yahoo New Zealand News21 Jun 202407:00 am
Yahoo New Zealand News19 Jun 202401:27 am
The Motley Fool03 May 202407:00 am

Avis Budget Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-7.7%2,5512,7643,5643,1232,5572,7713,5473,2442,4322,5693,0012,3711,3721,3551,5347601,7532,1622,7532,3371,920
Costs and Expenses3.5%2,6932,6022,8072,5252,1602,2552,2052,1611,7372,0262,0721,8851,6221,4901,4811,3692,0182,1482,4252,2562,056
Operating Expenses-0.4%1,3441,3501,5431,4751,3071,3251,4641,3491,1471,1661,2251,0328328178256221,0581,1641,2911,1721,071
  S&GA Expenses5.2%325309397378324322384359283308361294182154166132251290350313284
EBITDA Margin-23.9%0.14*0.18*0.21*0.26*0.30*0.32*0.33*0.31*0.28*0.21*0.16*0.06*---------
Interest Expenses10.7%83.0075.0080.0068.0073.0069.0064.0064.0053.0051.0047.0059.0061.0068.0064.0051.0048.0039.0049.0048.0042.00
Income Taxes70.4%-29.00-98.0013016285.0092.0031130916816225588.00-80.00-45.008.00-128-107-12813919.00-45.00
Earnings Before Taxes-187.7%-1421627575983975161,3421,083695543929486-250-13553.00-609-26514.0032881.00-136
EBT Margin-28.1%0.11*0.16*0.19*0.24*0.28*0.30*0.31*0.29*0.26*0.18*0.13*0.02*---------
Net Income-144.0%-1142596264353124231,034778529382675398-170-90.0045.00-481-15814218962.00-91.00
Net Income Margin-26.1%0.10*0.14*0.15*0.18*0.21*0.23*0.23*0.21*0.19*0.14*0.10*0.03*---------
Free Cashflow-25.7%5897931,2539638198451,4911,2231,1489431,293919---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets2.9%33,52832,56932,30431,39527,38825,92725,19726,09523,57322,60021,61022,01318,60917,53819,59621,69023,55223,12623,10824,45522,902
  Current Assets9.1%2,3332,1392,2262,2331,9831,8861,9762,0651,7681,8472,2672,7361,8681,7952,6352,2401,9272,1452,1472,2862,137
    Cash Equivalents-5.9%5225555725715486425815795506268861,3245767651,5641,258679900615534540
  Net PPE-1.4%709719647624604594506520531537540578611657692729767792752749737
  Goodwill-1.0%1,0881,09910.001,0821,0761,0701,0311,0661,0961,1081,1141,1271,1211,1371,1121,0771,0691,1011,0831,1071,086
  Current Liabilities15.6%3,0742,6592,7632,8442,7492,5742,7462,7712,7022,4082,4982,4672,1902,0532,1662,1032,2632,2252,2902,6692,258
  Short Term Borrowings1165.6%40532.00---27.00---19.00-----------
  Long Term Debt5.0%5,0324,7914,7364,6684,6624,6444,5634,6244,6783,9904,0094,2774,2644,1914,1453,8843,3963,4163,3883,1153,501
    LT Debt, Current---30.0034.0034.0027.0027.0027.0027.0019.0018.0021.0019.0019.0019.0019.0011819.0095.0042023.00
    LT Debt, Non Current5.0%5,0324,7914,7364,6684,6624,6444,5634,6244,6783,9904,0094,2774,2644,1914,1453,8843,3963,4163,3883,1153,501
Shareholder's Equity-48.1%-508-343---441-700-----92.00----292656495376324
  Retained Earnings-3.0%3,7383,8543,9523,3262,8912,5792,1561,122344-185-567-1,242-1,640-1,470-1,380-1,425-944-785-927-1,116-1,178
  Additional Paid-In Capital-0.4%6,6106,6346,6266,6256,6206,6666,6766,6436,6466,6766,6736,6466,6426,6686,6726,6706,6776,7416,7356,7236,737
Minority Interest16.7%7.006.005.004.003.003.002.005.009.0011.0013.00----------
Float----4,507---4,269---3,950---1,199---2,564-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-25.7%5897931,2539638198451,4911,2231,1489431,29391933659.00282-20.00370655966525440
  Share Based Compensation16.7%7.006.008.008.008.006.007.006.006.005.0011.0010.004.003.004.004.00-2.004.006.007.005.00
Cashflow From Investing-264.9%-1,518-416-1,716-3,536-1,678-723294-2,705-1,165-1,375-896-2,669-1,3666942,1661,799-1,482286108-1,712-1,434
Cashflow From Financing290.0%897-4725122,625841-222-1,7201,55230.00109-8522,516914-1,662-2,159-1,186962-772-9371,090937
  Buy Backs-94.3%15.0026149014951.007558264491,2994639753.0019.00-1.00-1182.0061.00-4.00
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CAR Income Statement

2024-03-31
CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues  
Revenues$ 2,551$ 2,557
Expenses  
Operating1,3441,307
Vehicle depreciation and lease charges, net636265
Selling, general and administrative325324
Vehicle interest, net239133
Non-vehicle related depreciation and amortization6156
Interest expense related to corporate debt, net8373
Restructuring and other related charges34
Transaction-related costs, net10
Other (income) expense, net1(2)
Total expenses2,6932,160
Income (loss) before income taxes(142)397
Provision for (benefit from) income taxes(29)85
Net income (loss)(113)312
Less: net income attributable to non-controlling interests10
Net income (loss) attributable to Avis Budget Group, Inc.(114)312
Comprehensive income (loss) attributable to Avis Budget Group, Inc.$ (158)$ 302
Earnings (loss) per share  
Basic (in usd per share)$ (3.21)$ 7.88
Diluted (in usd per share)$ (3.21)$ 7.72

CAR Balance Sheet

2024-03-31
CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 522$ 555
Receivables, net1,032900
Other current assets779684
Total current assets2,3332,139
Property and equipment, net709719
Operating lease right-of-use assets2,7502,654
Deferred income taxes1,8111,868
Goodwill1,0881,099
Other intangibles, net658670
Other non-current assets450441
Total assets exclusive of assets under vehicle programs9,7999,590
Assets under vehicle programs:  
Program cash7385
Vehicles, net22,02021,240
Receivables from vehicle manufacturers and other431443
Investment in Avis Budget Rental Car Funding (AESOP) LLC—related party1,2051,211
Total assets under vehicle programs23,72922,979
Total Assets33,52832,569
Current liabilities:  
Accounts payable and other current liabilities2,6692,627
Short-term debt and current portion of long-term debt40532
Total current liabilities3,0742,659
Long-term debt5,0324,791
Long-term operating lease liabilities2,2342,117
Other non-current liabilities509528
Total liabilities exclusive of liabilities under vehicle programs10,84910,095
Liabilities under vehicle programs:  
Debt3,2413,496
Debt due to Avis Budget Rental Car Funding (AESOP) LLC—related party15,94915,441
Deferred income taxes3,3253,418
Other672462
Total liabilities under vehicle programs23,18722,817
Commitments and contingencies (Note 12)
Stockholders’ equity:  
Preferred stock, $0.01 par value—authorized 10 shares; none issued and outstanding, in each period00
Common stock, $0.01 par value—authorized 250 shares; issued 137 shares, in each period11
Additional paid-in capital6,6106,634
Retained earnings3,7383,854
Accumulated other comprehensive loss(140)(96)
Treasury stock, at cost—101 and 102 shares, respectively(10,724)(10,742)
Stockholders’ equity attributable to Avis Budget Group, Inc.(515)(349)
Non-controlling interests76
Total stockholders’ equity(508)(343)
Total Liabilities and Stockholders’ Equity$ 33,528$ 32,569
CAR
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; the Budget Truck brand, 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 approximately 415 dealer-operated and 390 company-operated locations that serve the light commercial and consumer 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 Budget, Payless, Apex, Maggiore, Morini Rent, FranceCars, Amicoblue, Turiscar, and ACL Hire. In addition, it offers optional insurance products and coverages, such as supplemental liability, personal accident, personal effects protection, emergency sickness protection, and automobile towing protection and cargo insurance products; fuel service options, 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 customers. 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.
 CEO
 WEBSITEavisbudgetgroup.com
 INDUSTRYInformation Technology Services
 EMPLOYEES18500

Avis Budget Group Inc Frequently Asked Questions


What is the ticker symbol for Avis Budget Group Inc? What does CAR stand for in stocks?

CAR is the stock ticker symbol of Avis Budget Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Avis Budget Group Inc (CAR)?

As of Fri Jun 21 2024, market cap of Avis Budget Group Inc is 4.01 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CAR stock?

You can check CAR's fair value in chart for subscribers.

What is the fair value of CAR stock?

You can check CAR's fair value in chart for subscribers. The fair value of Avis Budget Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Avis Budget Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CAR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Avis Budget Group Inc a good stock to buy?

The fair value guage provides a quick view whether CAR is over valued or under valued. Whether Avis Budget Group Inc is cheap or expensive depends on the assumptions which impact Avis Budget Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CAR.

What is Avis Budget Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jun 21 2024, CAR's PE ratio (Price to Earnings) is 3.32 and Price to Sales (PS) ratio is 0.33. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CAR PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Avis Budget Group Inc's stock?

In the past 10 years, Avis Budget Group Inc has provided 0.071 (multiply by 100 for percentage) rate of return.