Avis Budget Group (CAR)
(Delayed Data from NSDQ)
$87.16 USD
+0.63 (0.73%)
Updated Sep 24, 2024 04:00 PM ET
After-Market: $87.06 -0.10 (-0.11%) 7:58 PM ET
5-Strong Sell of 5 5
A Value F Growth F Momentum D VGM
Company Summary
Headquartered in Parsippany, N.J., Avis Budget Group operates as a leading vehicle rental operator in North America, Europe and Australasia with an average rental fleet of nearly 650,000 vehicles. The company is a leading global provider of mobility solutions through its three most recognized brands — Avis, Budget and Zipcar. The company has licensees in approximately 175 countries throughout the world.
Along with its licensees, Avis Budget operates in approximately 180 countries with more than 10,000 car and truck rental locations throughout the world.The company usually maintains a leading share of airport car ...
Company Summary
Headquartered in Parsippany, N.J., Avis Budget Group operates as a leading vehicle rental operator in North America, Europe and Australasia with an average rental fleet of nearly 650,000 vehicles. The company is a leading global provider of mobility solutions through its three most recognized brands — Avis, Budget and Zipcar. The company has licensees in approximately 175 countries throughout the world.
Along with its licensees, Avis Budget operates in approximately 180 countries with more than 10,000 car and truck rental locations throughout the world.The company usually maintains a leading share of airport car rental revenue in North America, Europe and Australasia, and operates one of the leading truck rental businesses in the United States. Its Zipcar brand is one of the world’s leading car sharing businesses which provides an alternative to traditional vehicle rental and ownership.
Avis Budget mainly generates revenues from vehicle rental operations. These include time & mileage fees charged to our customers for vehicle rentals; sales of loss damage waivers and insurance and other supplemental items in conjunction with vehicle rentals; and payments from customers with respect to certain operating expenses incurred, including gasoline, vehicle licensing fees and concession fees, which provide the right to operate at airports and other locations. Additionally, the company earns revenues for royalties and associated fees from its licensees in conjunction with their vehicle rental transactions.
The company reports its operating results under two segments:
Americas: This segment (78% of 2023 revenues) consists of vehicle rental operations in North America, South America, Central America and the Caribbean, car sharing operations in certain of these markets, and licensees in the areas in which the company does not operate directly.
International: This segment (22%) consists of the company’s vehicle rental operations in Europe, the Middle East, Africa, Asia and Australasia, car sharing operations in certain of these markets, and licensees in the areas in which the company does not operate directly.
As of Dec 31, 2023, Avis Budget employed approximately 24,500 worldwide.
General Information
Avis Budget Group, Inc
379 INTERPACE PARKWAY
PARSIPPANY, NJ 07054
Phone: 973-496-4700
Fax: 302-636-5454
Web: http://www.avisbudgetgroup.com
Email: ir@avisbudget.com
Industry | Transportation - Services |
Sector | Transportation |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 11/6/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 9.03 |
Current Year EPS Consensus Estimate | 7.68 |
Estimated Long-Term EPS Growth Rate | NA |
Exp Earnings Date | 11/6/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 86.53 |
52 Week High | 204.77 |
52 Week Low | 65.73 |
Beta | 2.14 |
20 Day Moving Average | 645,193.12 |
Target Price Consensus | 135.67 |
4 Week | -2.81 |
12 Week | -14.56 |
YTD | -51.19 |
4 Week | -4.54 |
12 Week | -18.20 |
YTD | -59.28 |
Shares Outstanding (millions) | 35.66 |
Market Capitalization (millions) | 3,086.02 |
Short Ratio | NA |
Last Split Date | 9/5/2006 |
Dividend Yield | 0.00% |
Annual Dividend | $0.00 |
Payout Ratio | 0.00 |
Change in Payout Ratio | 0.00 |
Last Dividend Payout / Amount | NA / $0.00 |
Fundamental Ratios
P/E (F1) | 11.27 |
Trailing 12 Months | 4.10 |
PEG Ratio | NA |
vs. Previous Year | -96.28% |
vs. Previous Quarter | 112.77% |
vs. Previous Year | -2.40% |
vs. Previous Quarter | 19.48% |
Price/Book | NA |
Price/Cash Flow | 0.61 |
Price / Sales | 0.26 |
6/30/24 | -230.71 |
3/31/24 | -480.48 |
12/31/23 | -696.69 |
6/30/24 | 2.37 |
3/31/24 | 3.72 |
12/31/23 | 5.28 |
6/30/24 | 0.86 |
3/31/24 | 0.76 |
12/31/23 | 0.80 |
6/30/24 | 0.86 |
3/31/24 | 0.76 |
12/31/23 | 0.80 |
6/30/24 | 6.58 |
3/31/24 | 10.05 |
12/31/23 | 13.59 |
6/30/24 | 6.58 |
3/31/24 | 10.05 |
12/31/23 | 13.59 |
6/30/24 | 6.74 |
3/31/24 | 11.46 |
12/31/23 | 15.94 |
6/30/24 | -13.52 |
3/31/24 | -14.25 |
12/31/23 | -9.47 |
6/30/24 | NA |
3/31/24 | NA |
12/31/23 | NA |
6/30/24 | NA |
3/31/24 | NA |
12/31/23 | NA |
6/30/24 | NA |
3/31/24 | NA |
12/31/23 | NA |