Avis Budget Group Inc (NASDAQ: CAR) kicked off on Tuesday, up 1.03% from the previous trading day, before settling in for the closing price of $96.30. 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 11.68%. While this was happening, its average annual earnings per share was recorded -60.59%. With a float of $34.02 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 9.29%, 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 3.34%, while institutional ownership is 98.71%. 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
According to the Wall Street analysts, stocks earnings will be around -60.59% 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 0.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -51.80, a number that is poised to hit -5.89 in the next quarter and is forecasted to reach 15.21 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 1.19 million, which is a drop from its year-to-date volume of 1.26 million. As of the previous 9 days, the stock’s Stochastic %D was 88.21%. Additionally, its Average True Range was 5.43.
During the past 100 days, Avis Budget Group Inc’s (CAR) raw stochastic average was set at 89.71%, which indicates a significant decrease from 95.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.71% in the past 14 days, which was lower than the 74.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $75.10, while its 200-day Moving Average is $85.47. However, in the short run, Avis Budget Group Inc’s stock first resistance to watch stands at $98.34. Second resistance stands at $99.38. The third major resistance level sits at $101.05. If the price goes on to break the first support level at $95.63, it is likely to go to the next support level at $93.96. Should the price break the second support level, the third support level stands at $92.92.
Avis Budget Group Inc (NASDAQ: CAR) Key Stats
The company with the Market Capitalisation of 3.42 billion has total of 35,192K 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.
