Avis Budget Group Inc (CAR) concluded trading on Thursday at a closing price of $55.49, with 3.46 million shares of worth about $192.11 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -17.71% during that period and on March 13, 2025 the price saw a loss of about -11.41%. Currently the company’s common shares owned by public are about 35.00M shares, out of which, 33.98M shares are available for trading.
Stock saw a price change of -24.81% in past 5 days and over the past one month there was a price change of -38.15%. Year-to-date (YTD), CAR shares are showing a performance of -31.16% which decreased to -50.35% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $61.41 but also hit the highest price of $132.25 during that period. The average intraday trading volume for Avis Budget Group Inc shares is 724.81K. The stock is currently trading -30.12% below its 20-day simple moving average (SMA20), while that difference is down -34.20% for SMA50 and it goes to -39.30% lower than SMA200.
Avis Budget Group Inc (NASDAQ: CAR) currently have 35.00M outstanding shares and institutions hold larger chunk of about 101.63% of that.
The stock has a current market capitalization of $1.95B and its 3Y-monthly beta is at 2.14. It has posted earnings per share of -$51.80 in the same period. It has Quick Ratio of 0.75. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CAR, volatility over the week remained 10.06% while standing at 7.40% over the month.
Analysts are in expectations that Avis Budget Group Inc (CAR) stock would likely to be making an EPS of -5.45 in the current quarter, while forecast for next quarter EPS is 2.11 and it is 14.78 for next year. For the current quarter EPS, analysts have given the company a lowest target -6.15 which is -4.62 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -3.21 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -61.87% while it is estimated to increase by 68.99% in next year.
Coverage by Barclays stated Avis Budget Group Inc (CAR) stock as an Equal weight in their note to investors on September 19, 2024, suggesting a price target of $105 for the stock. On April 04, 2024, Goldman Upgrade their recommendations, while on March 25, 2024, Northcoast Upgrade their ratings for the stock with a price target of $155. Stock get a Buy rating from BofA Securities on March 19, 2024.
