
Avis is a well-established car rental company with a rich history dating back to 1946. It was founded by Warren Avis and has since grown to become one of the largest car rental companies in the world.
The company's stock is listed on the NASDAQ stock exchange under the ticker symbol CAR. This makes it easily accessible for investors to buy and sell shares.
Avis has a market capitalization of around $2.5 billion, giving it a significant presence in the global stock market.
Key Statistics
Avis stock quote is a great choice for investors looking for a solid company with a strong financial performance. Revenue for the company has been impressive, reaching $11,899 million (TTM).
The company's earnings per share (EPS) have also been on the rise, standing at $10.95 (TTM). This is a great sign for investors, indicating a healthy profit margin.
Avis Budget Group has a relatively high beta of 2.38, which means its stock price can be volatile. Over the past 3 years, the company's Sharpe Ratio has been -0.15, indicating a negative return compared to the market's risk-free rate.
The company's volatility percentage is quite high, standing at 67.45%. This means that the stock price can fluctuate significantly over short periods. The 14-Day RSI is at 52.04, which is a neutral reading.
Here's a summary of Avis Budget Group's key statistics:
The company's 14-Day ATR is $3.698624, indicating a relatively high trading activity. The 20-Day SMA is $85.85925, which is a good indicator of the stock's short-term trend.
Avis Budget Group
Avis Budget Group is a leading provider of automotive vehicle rental and car-sharing services. Its brands include Avis, Budget, and Zipcar.
Avis is targeted to serve the premium commercial and leisure segments of the travel industry. Budget is focused on value-conscious customers.
The company operates its own network of rental locations and licenses its brands to franchisees. Zipcar is a car-sharing service that allows members to use the company-owned Zipcar fleet at an hourly rate.
The company's largest region by revenue is the Americas.
Performance Metrics
Avis stock quote is a great investment opportunity, but before you dive in, it's essential to understand its performance metrics. The company's growth rank is impressive, with a 3-year revenue growth rate of 60.6%.
Avis' revenue has been steadily increasing over the years, with a trailing 12-month revenue of $12.8B. Its gross profit has also been on the rise, standing at $10.6B in the same period.
The company's operating income, however, has been declining, from $3.9B in 2022-09-30 to $433M in 2024-09-30. This could be a concern for investors, but let's take a closer look at its cash flow statement.
Here's a breakdown of Avis' cash flow performance over the past few years:
As you can see, Avis' free cash flow has been significantly negative in recent years, which could indicate financial struggles. However, its cash flow operations have been relatively stable, with a slight decrease in 2023-09-30.
Investor Insights
Avis Budget Group's stock has a market capitalization of around $4 billion, which is relatively small compared to its global car rental market share of over 10%.
The company's revenue has been steadily increasing over the years, reaching $9.3 billion in 2020, with a net income of $234 million.
Avis Budget Group has a strong presence in the global car rental market, with a network of over 11,000 locations in more than 180 countries.
The company's brand portfolio includes Avis, Budget, and Zipcar, which cater to different customer segments and provide a competitive edge.
Avis Budget Group's stock price has been volatile in recent years, with a high of $43.50 in 2020 and a low of $10.50 in 2020, reflecting the company's financial performance and market conditions.
The company has a dividend yield of around 1.5%, which is relatively low compared to other stocks in the industry.
Avis Budget Group's financial performance is closely tied to the global car rental market, which is influenced by factors such as travel demand, fuel prices, and economic conditions.
Company Profile
Avis Budget Group Inc operates its own network of rental locations and licenses its brands to franchisees. This business model allows the company to expand its reach and serve a wider range of customers.
The company's brands include Avis, Budget, and Zipcar. These brands cater to different segments of the travel industry, with Avis targeting premium commercial and leisure customers, and Budget focused on value-conscious customers.
Avis is the company's premium brand, serving the commercial and leisure segments of the travel industry. Budget, on the other hand, focuses on value-conscious customers.
Zipcar is a car-sharing service that allows members to use the company-owned Zipcar fleet at an hourly rate. This service provides an alternative to traditional car rental for customers who only need a vehicle for short periods.
The company's largest region by revenue is the Americas.
Frequently Asked Questions
Is avis a buy or sell?
Avis Budget Group stock has a consensus rating of "buy" based on analyst opinions. The majority of analysts recommend buying, with only a few advising to hold or sell.
What is the future of Avis stock?
Avis stock is expected to increase by 59.46% to $127.17, based on analyst predictions, with a potential range of $95.00 to $150.00. Analysts are optimistic about Avis' future, but it's essential to stay informed about market trends and company performance.
How is Avis doing financially?
Avis reported revenues of nearly $3.5 billion in the latest quarter, with a slight decline in pricing offset by improved vehicle utilization and strong summer demand. Despite higher fleet costs, the company's adjusted EBITDA in the Americas reached $384 million.
Featured Images: pexels.com