Avis Budget Group Inc (CAR) concluded trading on Thursday at a closing price of $74.16, with 6.01 million shares of worth about $446.04 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -14.92% during that period and on March 27, 2025 the price saw a gain of about 20.49%. Currently the company’s common shares owned by public are about 35.00M shares, out of which, 33.94M shares are available for trading.
Stock saw a price change of 28.04% in past 5 days and over the past one month there was a price change of -7.96%. Year-to-date (YTD), CAR shares are showing a performance of -8.00% which decreased to -37.40% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $54.03 but also hit the highest price of $132.25 during that period. The average intraday trading volume for Avis Budget Group Inc shares is 883.44K. The stock is currently trading 12.15% above its 20-day simple moving average (SMA20), while that difference is down -7.21% for SMA50 and it goes to -16.63% lower than SMA200.
Avis Budget Group Inc (NASDAQ: CAR) currently have 35.00M outstanding shares and institutions hold larger chunk of about 101.49% of that.
The stock has a current market capitalization of $2.60B and its 3Y-monthly beta is at 2.15. 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 8.79% while standing at 8.54% 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.
