On Tuesday, Avis Budget Group Inc (NASDAQ: CAR) opened higher 5.09% from the last session, before settling in for the closing price of $190.08. Price fluctuations for CAR have ranged from $54.03 to $198.52 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Company’s average yearly earnings per share was noted -71.26% at the time writing. 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 40.51%, operating margin of 14.37%, and the pretax margin is -27.21%.
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 112.19%. 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 -71.26% 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 0.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -62.94, a number that is poised to hit 2.21 in the next quarter and is forecasted to reach 13.77 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 0.85 million, which is a drop from its year-to-date volume of 1.3 million. As of the previous 9 days, the stock’s Stochastic %D was 78.84%.
During the past 100 days, Avis Budget Group Inc’s (CAR) raw stochastic average was set at 99.55%, which indicates a significant increase from 97.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 8.29 in the past 14 days, which was higher than the 6.48 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $144.95, while its 200-day Moving Average is $100.29. However, in the short run, Avis Budget Group Inc’s stock first resistance to watch stands at $203.64. Second resistance stands at $207.53. The third major resistance level sits at $214.65. If the price goes on to break the first support level at $192.63, it is likely to go to the next support level at $185.51. Should the price break the second support level, the third support level stands at $181.62.
Avis Budget Group Inc (NASDAQ: CAR) Key Stats
There are currently 35,192K shares outstanding in the company with a market cap of 7.03 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 2,430 M and its income totaled -505,000 K.
