Currently, Avis Budget Group Inc [CAR] is trading at $112.71, up 3.56%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CAR shares have gain 8.63% over the last week, with a monthly amount glided 33.25%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Avis Budget Group Inc [NASDAQ: CAR] stock has seen the most recent analyst activity on November 18, 2024, when Northcoast downgraded its rating to a Neutral. Previously, Barclays started tracking the stock with Equal Weight rating on September 19, 2024, and set its price target to $105. On April 04, 2024, upgrade upgraded it’s rating to Neutral and revised its price target to $130 on the stock. Northcoast upgraded its rating to a Buy but stick to its price target of $155 on March 25, 2024. BofA Securities initiated its recommendation with a Buy and recommended $170 as its price target on March 19, 2024. Deutsche Bank upgraded its rating to Buy for this stock on January 25, 2024, and upped its price target to $248. In a note dated July 20, 2023, Deutsche Bank downgraded an Hold rating on this stock but restated the target price of $263.
This stock has fluctuated between a low of $54.03 and a high of $121.99 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $168.86 within the next 12 months. Avis Budget Group Inc [NASDAQ: CAR] shares were valued at $112.71 at the most recent close of the market. An investor can expect a potential return of 49.82% based on the average CAR price forecast.
Analyzing the CAR fundamentals
Trailing Twelve Months sales for Avis Budget Group Inc [NASDAQ:CAR] were 11.67B which represents -4.74% decline. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at -0.27%, and Net Profit Margin reading is -0.19%. To continue investigating profitability, this company’s Return on Assets is posted at -0.23, Equity is 1.51 and Total Capital is 0.26. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -3.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Avis Budget Group Inc [NASDAQ:CAR] is 0.64. As well, the Quick Ratio is 0.64, while the Cash Ratio is 0.15. Considering the valuation of this stock, the price to sales ratio is 0.34.
Transactions by insiders
Recent insider trading involved KROMINGA LYNN, Director, that happened on Feb 20 ’25 when 1405.0 shares were sold. Director, KROMINGA LYNN completed a deal on Feb 18 ’25 to sell 661.0 shares. Meanwhile, Director KROMINGA LYNN bought 2066.0 shares on Feb 18 ’25.
