Avis Budget Group Stock Today

CAR Stock  USD 83.04  1.36  1.61%   

Performance

0 of 100

 
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Odds Of Distress

Less than 44

 
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Below Average
Avis Budget is selling at 83.04 as of the 12th of October 2024; that is 1.61 percent decrease since the beginning of the trading day. The stock's lowest day price was 80.53. Avis Budget has about a 44 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Avis Budget Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of September 2024 and ending today, the 12th of October 2024. Click here to learn more.
Business Domain
Transportation
IPO Date
12th of January 1990
Category
Industrials
Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers. Avis Budget Group, Inc. was founded in 1946 and is headquartered in Parsippany, New Jersey. The company has 35.66 M outstanding shares of which 2.92 M shares are currently shorted by investors with about 4.28 days to cover. More on Avis Budget Group

Moving together with Avis Stock

  0.82AL Air LeasePairCorr

Moving against Avis Stock

  0.68TRTN-PD Triton InternationalPairCorr
  0.68TRTN-PA Triton InternationalPairCorr
  0.63PRG PROG HoldingsPairCorr
  0.62VSTS VestisPairCorr
  0.6FTAIP Fortress TransportationPairCorr
  0.53FTAIO Fortress TransportationPairCorr

Avis Stock Highlights

ESG Sustainability
Environmental
Governance
Social
PresidentEdward Linnen
Thematic Ideas
(View all Themes)
Old NameCarbures Europe S.A
Business ConcentrationPassenger Ground Transportation, Rental & Leasing Services, Industrials, WSE WIG INDEX, NASDAQ Composite, SPASX All Australian, SPASX 300, SPASX All Technology, SP Midcap 400, MWIG40, SPASX 100, Dow Jones Transportation, Dow Jones Composite, NASDAQ Composite Total, Australia All Ordinaries, SPASX 200, Rentals, Personal Services, Industrials, Ground Transportation, Rental & Leasing Services, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.340.3593
Notably Down
Pretty Stable
Gross Profit Margin0.310.327
Notably Down
Slightly volatile
Total Current Liabilities2.1 B2.7 B
Significantly Down
Slightly volatile
Non Current Liabilities Total32.7 B31.1 B
Sufficiently Up
Slightly volatile
Total Assets35.1 B33.4 B
Sufficiently Up
Slightly volatile
Total Current AssetsB2.1 B
Notably Down
Slightly volatile
Total Cash From Operating Activities2.1 B3.8 B
Way Down
Slightly volatile
Debt Levels
Avis Budget can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Avis Budget's financial leverage. It provides some insight into what part of Avis Budget's total assets is financed by creditors.
Liquidity
Avis Budget Group has 26.45 B in debt. Avis Budget Group has a current ratio of 0.74, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Avis to invest in growth at high rates of return.

Other Non Cash Items

(577.6 Million)
Avis Budget Group (CAR) is traded on NASDAQ Exchange in USA. It is located in 379 Interpace Parkway, Parsippany, NJ, United States, 07054 and employs 18,000 people. Avis Budget is listed under Passenger Ground Transportation category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 3.01 B. Avis Budget Group runs under Ground Transportation sector within Industrials industry. The entity has 35.66 M outstanding shares of which 2.92 M shares are currently shorted by investors with about 4.28 days to cover. Avis Budget Group has about 579 M in cash with 3.83 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 12.05.
Check Avis Budget Probability Of Bankruptcy
Ownership Allocation
Avis Budget holds a total of 35.66 Million outstanding shares. The majority of Avis Budget Group outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Avis Budget Group to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Avis Budget. Please pay attention to any change in the institutional holdings of Avis Budget Group as this could imply that something significant has changed or is about to change at the company. Also note that nearly five hundred twenty thousand six hundred ninety-six invesors are currently shorting Avis Budget expressing very little confidence in its future performance.
Check Avis Ownership Details

Avis Stock Institutional Holders

InstituionRecorded OnShares
Geode Capital Management, Llc2024-06-30
326.6 K
Hampton Road Capital Management Lp2024-06-30
319.8 K
Dimensional Fund Advisors, Inc.2024-06-30
318.1 K
Think Investments Lp2024-06-30
307.3 K
Intrinsic Edge Capital Management, Llc2024-06-30
227.1 K
Bank Of Montreal2024-06-30
204.9 K
Bmo Capital Markets Corp.2024-06-30
204.9 K
Bank Of America Corp2024-06-30
200.5 K
Millennium Management Llc2024-06-30
198.1 K
Srs Investment Management, Llc2024-06-30
17.1 M
Fmr Inc2024-06-30
3.2 M
View Avis Budget Diagnostics

Avis Budget Historical Income Statement

At this time, Avis Budget's Income Before Tax is relatively stable compared to the past year. As of 10/12/2024, Net Income is likely to grow to about 1.7 B, while Total Revenue is likely to drop slightly above 7 B. View More Fundamentals

Avis Stock Against Markets

Avis Budget Corporate Management

Gerard InsallCIO and Executive VPProfile
Jean SeraGeneral VPProfile
Brian ChoiExecutive OfficerProfile
Bernardo HeesNonIndependent ChairmanProfile
Vanessa WolczakHead MarketingProfile

Additional Tools for Avis Stock Analysis

When running Avis Budget's price analysis, check to measure Avis Budget's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avis Budget is operating at the current time. Most of Avis Budget's value examination focuses on studying past and present price action to predict the probability of Avis Budget's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avis Budget's price. Additionally, you may evaluate how the addition of Avis Budget to your portfolios can decrease your overall portfolio volatility.