Look For Institutional Buying In Avis Budget Group Inc (NASDAQ: CAR)

Avis Budget Group Inc (CAR) concluded trading on Thursday at a closing price of $179.3, with 3.54 million shares of worth about $634.05 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 121.41% during that period and on June 26, 2025 the price saw a gain of about 2.03%. Currently the company’s common shares owned by public are about 35.00M shares, out of which, 34.02M shares are available for trading.

Stock saw a price change of 38.07% in past 5 days and over the past one month there was a price change of 46.28%. Year-to-date (YTD), CAR shares are showing a performance of 59.38% which increased to 122.43% 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 $176.76 during that period. The average intraday trading volume for Avis Budget Group Inc shares is 1.66 million. The stock is currently trading 35.40% above its 20-day simple moving average (SMA20), while that difference is up 59.39% for SMA50 and it goes to 96.12% higher than SMA200.

Avis Budget Group Inc (NASDAQ: CAR) currently have 35.00M outstanding shares and institutions hold larger chunk of about 111.73% of that.

The stock has a current market capitalization of $6.31B and its 3Y-monthly beta is at 2.17. It has posted earnings per share of -$62.94 in the same period. It has Quick Ratio of 0.64. 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 9.18% while standing at 5.41% over the month.

Stock’s fiscal year EPS is expected to drop by -71.03% while it is estimated to increase by 101.76% 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.

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