Avis Budget Group Inc (NASDAQ: CAR) kicked off on Friday, up 11.64% from the previous trading day, before settling in for the closing price of $55.49. Over the past 52 weeks, CAR has traded in a range of $54.03-$132.25.
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During the last 5-year period, the sales growth of Industrials Sector giant was 14.59%. While this was happening, its average annual earnings per share was recorded -61.87%. With a float of $33.98 million, this company’s outstanding shares have now reached $35.00 million.
Let’s determine the extent of company efficiency that accounts for 24000 employees. In terms of profitability, gross margin is 35.31%, operating margin of 11.36%, and the pretax margin is -22.37%.
Avis Budget Group Inc (CAR) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Rental & Leasing Services Industry. The insider ownership of Avis Budget Group Inc is 3.21%, while institutional ownership is 101.50%. The most recent insider transaction that took place on Feb 20 ’25, was worth 133,475. In this transaction Director of this company sold 1,405 shares at a rate of $95.00, taking the stock ownership to the 1,950 shares. Before that another transaction happened on Feb 18 ’25, when Company’s Director sold 661 for $95.00, making the entire transaction worth $62,795. This insider now owns 3,355 shares in total.
Avis Budget Group Inc (CAR) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -61.87% per share during the next fiscal year.
Avis Budget Group Inc (NASDAQ: CAR) Trading Performance Indicators
Take a look at Avis Budget Group Inc’s (CAR) current performance indicators. Last quarter, stock had a quick ratio of 0.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -51.80, a number that is poised to hit -5.54 in the next quarter and is forecasted to reach 15.04 in one year’s time.
Technical Analysis of Avis Budget Group Inc (CAR)
Looking closely at Avis Budget Group Inc (NASDAQ: CAR), its last 5-days average volume was 2.0 million, which is a jump from its year-to-date volume of 0.83 million. As of the previous 9 days, the stock’s Stochastic %D was 14.65%. Additionally, its Average True Range was 5.42.
During the past 100 days, Avis Budget Group Inc’s (CAR) raw stochastic average was set at 13.57%, which indicates a significant decrease from 24.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 86.68% in the past 14 days, which was higher than the 59.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $83.99, while its 200-day Moving Average is $91.17. However, in the short run, Avis Budget Group Inc’s stock first resistance to watch stands at $64.85. Second resistance stands at $67.76. The third major resistance level sits at $72.34. If the price goes on to break the first support level at $57.37, it is likely to go to the next support level at $52.79. Should the price break the second support level, the third support level stands at $49.88.
Avis Budget Group Inc (NASDAQ: CAR) Key Stats
The company with the Market Capitalisation of 2.18 billion has total of 35,110K Shares Outstanding. Its annual sales at the moment are 11,789 M in contrast with the sum of -1,821 M annual income. Company’s last quarter sales were recorded 2,710 M and last quarter income was -1,958 M.
