Avis Budget -- The Essentials

By Harris Dyer • Friday, December 08 16:29 • Permanent Link

Avis Budget logged a -0.7% change during today's evening session, and is now trading at a price of $189.75 per share. The S&P 500 index moved 0.0%. CAR's trading volume is 1,309,304 compared to the stock's average volume of 489,949.

Avis Budget trades -19.14% away from its average analyst target price of $234.67 per share. The 6 analysts following the stock have set target prices ranging from $164.0 to $305.0, and on average have given Avis Budget a rating of hold.

If you are considering an investment in CAR, you'll want to know the following:

Avis Budget has moved 4.0% over the last year, and the S&P 500 logged a change of 18.0%
Based on its trailing earnings per share of 45.55, Avis Budget has a trailing 12 month Price to Earnings (P/E) ratio of 4.2 while the S&P 500 average is None
CAR has a forward P/E ratio of 7.8 based on its forward 12 month price to earnings (EPS) of $24.42 per share
The company has a price to earnings growth (PEG) ratio of 0.25 — a number near or below 1 signifying that Avis Budget is fairly valued compared to its estimated growth potential
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.
Based in Parsippany, the company has 18,500 full time employees and a market cap of $6.87 Billion.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.