On Tuesday, Avis Budget Group Inc (NASDAQ: CAR) opened lower -9.45% from the last session, before settling in for the closing price of $69.42. Price fluctuations for CAR have ranged from $54.03 to $132.25 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 11.68%. Company’s average yearly earnings per share was noted -61.87% at the time writing. With a float of $34.02 million, this company’s outstanding shares have now reached $35.00 million.
Considering the fact that the conglomerate employs 24000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 35.31%, operating margin of 9.29%, and the pretax margin is -22.37%.
Avis Budget Group Inc (CAR) Insider Activity
A key investor’s attitude towards the stock of the Rental & Leasing Services industry is another important factor to consider. The insider ownership of Avis Budget Group Inc is 3.34%, while institutional ownership is 101.24%. 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
Check out the current performance indicators for Avis Budget Group Inc (CAR). In the past quarter, the stock posted a quick ratio of 0.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.19.
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)
Compared to the last year’s volume of 1.15 million, its volume of 2.07 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 35.92%. Additionally, its Average True Range was 6.27.
During the past 100 days, Avis Budget Group Inc’s (CAR) raw stochastic average was set at 15.13%, which indicates a significant decrease from 31.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 101.17% in the past 14 days, which was higher than the 65.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $77.07, while its 200-day Moving Average is $87.55. Nevertheless, the first resistance level for the watch stands at $69.18 in the near term. At $75.49, the stock is likely to face the second major resistance level. The third major resistance level sits at $79.00. If the price goes on to break the first support level at $59.36, it is likely to go to the next support level at $55.85. Should the price break the second support level, the third support level stands at $49.54.
Avis Budget Group Inc (NASDAQ: CAR) Key Stats
There are currently 35,192K shares outstanding in the company with a market cap of 2.21 billion. Presently, the company’s annual sales total 11,789 M according to its annual income of -1,821 M. Last quarter, the company’s sales amounted to 2,710 M and its income totaled -1,958 M.
