-
1 Comment
Avis Budget Group, Inc is currently in a long term uptrend where the price is trading 23.6% above its 200 day moving average.
From a valuation standpoint, the stock is 98.1% cheaper than other stocks from the Industrials sector with a price to sales ratio of 1.0.
Avis Budget Group, Inc's total revenue sank by 37.3% to $1B since the same quarter in the previous year.
Its net income has dropped by 163.4% to $-90M since the same quarter in the previous year.
Finally, its free cash flow grew by 63.6% to $-612M since the same quarter in the previous year.
Based on the above factors, Avis Budget Group, Inc gets an overall score of 3/5.
CurrencyCode | USD |
---|---|
Exchange | NASDAQ |
ISIN | US0537741052 |
Industry | Rental & Leasing Services |
Sector | Industrials |
PE Ratio | 3.34 |
---|---|
Target Price | 256.25 |
Dividend Yield | 0.0% |
Beta | 2.35 |
Market Cap | 7B |
Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers in the Americas, Europe, the Middle East and Africa, Asia, and Australasia. It operates the Avis brand, that offers vehicle rental and other mobility solutions to the premium commercial and leisure segments of the travel industry; the Budget Truck brand, a local, and one-way truck and cargo van rental businesses with a fleet of approximately 19,000 vehicles, which are rented through a network of approximately 415 dealer-operated and 390 company-operated locations that serve the light commercial and consumer sectors in the continental United States; and the Zipcar brand, a car sharing network. The company also operates various other car rental brands, such as Budget, Payless, Apex, Maggiore, Morini Rent, FranceCars, Amicoblue, Turiscar, and ACL Hire. In addition, it offers optional insurance products and coverages, such as supplemental liability, personal accident, personal effects protection, emergency sickness protection, and automobile towing protection and cargo insurance products; fuel service options, roadside assistance services, electronic toll collection services, curbside delivery, tablet rentals, access to satellite radio, portable navigation units, and child safety seat rentals; automobile towing equipment and other moving accessories, such as hand trucks, furniture pads, and moving supplies; and Business Intelligence solution, an online portal for corporate customers. The company was formerly known as Cendant Corporation and changed its name to Avis Budget Group, Inc. in September 2006. Avis Budget Group, Inc. was founded in 1946 and is headquartered in Parsippany, New Jersey.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for CAR using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2024