Avis Budget Group, Inc.[CAR] stock saw a move by 6.45% on Thursday, touching 2.84 million. Based on the recent volume, Avis Budget Group, Inc. stock traders appear to be active. The most recent trading volume of CAR shares recorded 75.66M shares, which represents the daily volume of traded shares. Analysts estimates state that Avis Budget Group, Inc. [CAR] stock could reach median target price of $42.00.
Avis Budget Group, Inc. [CAR] stock additionally went up by +9.97% in the period of the 7 days, recording a drop in performance by -1.72% in the last 30 days. The yearly more of CAR stock is set at -23.69% by far, with shares price recording returns by -5.93% in the latest quarter. Over the past six months, CAR shares showcased 25.33% increase. CAR saw -24.71% change opposing the low price in the last 12 months, also recording 51.00% compared to high within the same period of time.
Avis Budget Group, Inc. [NASDAQ:CAR]: Analyst Rating and Earnings
Equities traders oftentimes stay updated on what leading stock market analysts say about a potential stock purchase. When it comes to Avis Budget Group, Inc. [CAR], the most recently available average analyst rating is from the quarter that ends in December. On average, stock market experts give CAR an Outperform rating. Its stock price has been found in the range of 21.63 to 43.38. This is compared to its latest closing price of $30.68.
Wall Street analysts provide their ratings on a scale of 1 to 5, and the current average score for Avis Budget Group, Inc. [CAR] is sitting at 2.00. This is compared to 1 month ago, when its average rating was 2.00.
For the quarter ending in Mar-19 Avis Budget Group, Inc. [CAR] generated $1.92 billion in sales. That’s 1.76% lower than the average estimate of $1.95 billion as provided by Wall Street analysts. The three indicators above suggest that on the whole, this stock is not presenting an attractive investment option, as there are too many red flags that don’t point to a high-value ROI.
Keep looking out for the next-scheduled quarterly financial results that this company is expected to put out, which is slated to occur on Tue 6 Aug (In 53 Days).
Fundamental Analysis of Avis Budget Group, Inc. [CAR]
Now let’s turn to look at profitability: with a current Operating Margin for Avis Budget Group, Inc. [CAR] sitting at +8.40 and its Gross Margin at +24.54, this company’s Net Margin is now 1.80%. These metrics indicate that this company is not generating as much profit, after accounting for expenses, compared to its market peers.
This company’s Return on Total Capital is 5.55, and its Return on Invested Capital has reached 4.40%. Its Return on Equity is 33.43, and its Return on Assets is 0.89. These metrics show a mixed bag, which means that this investment’s attractiveness can be quickly increased or decreased in the short term, depending on future updates CAR financial performance.
Turning to investigate this organization’s capital structure, Avis Budget Group, Inc. [CAR] has generated a Total Debt to Total Equity ratio of 3,329.23. Similarly, its Total Debt to Total Capital is 97.08, while its Total Debt to Total Assets stands at 71.66. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 3,323.67, and its Long-Term Debt to Total Capital is 96.92. This company has a healthy balance between its debt and its current holdings, suggesting it is a reliable investment due to its ability to leverage debt in an efficient way.
What about valuation? This company’s Enterprise Value to EBITDA is 5.15 and its Total Debt to EBITDA Value is 4.60. The Enterprise Value to Sales for this firm is now 1.70, and its Total Debt to Enterprise Value stands at 0.92. Avis Budget Group, Inc. [CAR] has a Price to Book Ratio of 4.13, a Price to Cash Flow Ratio of 0.69 and P/E Ratio of 16.61. These metrics all suggest that Avis Budget Group, Inc. is more likely to generate a positive ROI.
Shifting the focus to workforce efficiency, Avis Budget Group, Inc. [CAR] earns $304,133 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 8.18 and its Total Asset Turnover is 0.49. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 1.27 and its Current Ratio is 1.27. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
Avis Budget Group, Inc. [CAR] has 75.66M shares outstanding, amounting to a total market cap of $2.47B. Its stock price has been found in the range of 21.63 to 43.38. At its current price, it has moved down by -24.71% from its 52-week high, and it has moved up 51.00% from its 52-week low.
This stock’s Beta value is currently 1.98, which indicates that it is 3.81% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 58.76. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Avis Budget Group, Inc. [CAR] a Reliable Buy?
Shares of Avis Budget Group, Inc. [CAR], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.