Avis Budget Group Inc (NASDAQ:CAR) has a beta value of 2.06 and has seen 0.47 million shares traded in the recent trading session. The company, currently valued at $3.60B, closed the recent trade at $102.41 per share which meant it lost -$1.72 on the day or -1.65% during that session. The CAR stock price is -29.14% off its 52-week high price of $132.25 and 47.24% above the 52-week low of $54.03.
The consensus among analysts is that Avis Budget Group Inc (CAR) is Buy stock at the moment, with a recommendation rating of 1.80. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 7 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight.
Avis Budget Group Inc (NASDAQ:CAR) trade information
Sporting -1.65% in the red today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the CAR stock price touched $102.41 or saw a rise of 6.11%. Year-to-date, Avis Budget Group Inc shares have moved 27.04%, while the 5-day performance has seen it change 6.34%. Over the past 30 days, the shares of Avis Budget Group Inc (NASDAQ:CAR) have changed 44.50%.
Wall Street analysts have a consensus price target for the stock at $155, which means that the shares’ value could jump 33.93% from the levels at last check today.. The projected low price target is $105.0 while the price target rests at a high of $248.0. In that case, then, we find that the latest price level in today’s session is -142.16% off the targeted high while a plunge would see the stock gain -2.53% from the levels at last check today..
Avis Budget Group Inc (CAR) estimates and forecasts
The company’s shares have gained 6.20% over the past 6 months.
Earnings growth for 2025 is a modest -71.03% while over the next 5 years, the company’s earnings are expected to decrease by -12.16%.
CAR Dividends
Avis Budget Group Inc is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Avis Budget Group Inc (NASDAQ:CAR)’s Major holders
The top two institutional holders are SRS INVESTMENT MANAGEMENT, LLC with over 17.13 million shares worth more than $1.79 billion. As of 2024-06-30, SRS INVESTMENT MANAGEMENT, LLC held 48.1205% of shares outstanding.
The other major institutional holder is FMR LLC, with the holding of over 3.22 million shares as of 2024-06-30. The firm’s total holdings are worth over $337.05 million and represent 9.0583% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund and iShares Trust-iShares Core S&P Mid-Cap ETF . As of Mar 31, 2025 , the former fund manager holds about 1.69% shares in the company for having 595.51 shares of worth $60.22 million while later fund manager owns 551.08 shares of worth $55.73 million as of Mar 31, 2025 , which makes it owner of about 1.57% of company’s outstanding stock.
