|Bid||36.04 x 1300|
|Ask||36.03 x 1300|
|Day's Range||35.74 - 36.30|
|52 Week Range||21.63 - 39.15|
|Beta (3Y Monthly)||2.04|
|PE Ratio (TTM)||17.63|
|Earnings Date||Aug 5, 2019 - Aug 9, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||42.71|
IQVIA's (IQV) second-quarter 2019 results are likely to benefit from continued market penetration of analytics and technology-enabled offerings across the company's TAS and R&DS businesses.
Robert Half's (RHI) second-quarter 2019 revenues are expected to benefit from strength in staffing and Protiviti operations.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The Zacks Analyst Blog Highlights: Plains GP, Northwest Bancshares, Prosperity Bancshares, Avis Budget and Telephone and Data Systems
Wall Street analysts expect first back-to-back drop in earnings since 2016. For Q2, total earnings are expected to fall 3.4% from the same period last year following a 0.2% earnings decline in Q1.
Zacks.com featured highlights include: Antero Resources, Avis Budget, NOW, Cardinal Health and Asbury Automotive
The task of designing one's portfolio to include potential outperformers is anything but easy. Broker advice helps to design a winning portfolio.
On Wednesday morning at around 9:19 a.m., Benzinga Pro subscribers were alerted to a purchase of 5,000 Avis call options at a $40 strike price that expire Aug. 16. The calls were purchased at the ask price of 35 cents and represent a $175,000 bullish bet that Avis shares will trade above $40.35 in a little more than a months' time. This second trade represented a $77,112 bullish bet on Avis.
Avis Budget, Kohl???s, Dropbox, ServiceNow and Veeva highlighted as Zacks Bull and Bear of the Day
The Dow Jones Transportation Average slumped 0.5% in morning trading Wednesday, with 14 of its 20 components losing ground, the buck the gains seen in the broader stock market toward record highs. The biggest decliners within the transports tracker were shares of Avis Budget Group Inc. , which fell 2.5%; Ryder System Inc. , which lost 2.0% and Expeditors International of Washington Inc. , which declined 1.9%. The biggest gainer was American Airlines Group Inc.'s stock , which rose 1.7% after the air carrier raised its second-quarter unit revenue guidance, citing lower-than-expected seat supply. Meanwhile, the Dow transports' sister index, the Dow Jones Industrial Average rose 43 points, or 0.2%, with 19 of 30 components losing ground. While the Dow industrials had reached an all-time intraday high of 26,983.45 earlier in the session, the Dow transports' intraday high of 10,436.43 was 10.2% below the intraday record of 11,623.58 reached on Sept. 14, 2018.
Avis Budget Group, Inc. (CAR) today announced the selection of its Avis and Budget Licensees of the Year for Latin America and the Caribbean. This year’s recipients for the region are Avis Chile and Budget Costa Rica. Each honoree accepted the accolade at a commemorative event held in San Jose Costa Rica.
Avis Budget Group, Inc. (CAR) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc., have completed an offering of $400 million aggregate principal amount of 5.75% Senior Notes due 2027 in a private offering. Avis Budget Group intends to use the net proceeds from the notes offering, together with cash on hand, to redeem a portion of its outstanding 5.50% Senior Notes due 2023 and pay related fees and expenses, with any remainder to be used for general corporate purposes. The newly-issued notes are guaranteed on a senior unsecured basis by Avis Budget Group, Inc. and certain of its U.S. subsidiaries and were issued at par.
Avis Budget Group, Inc. (NASDAQ:CAR) shareholders should be happy to see the share price up 23% in the last month. But...
Moody's Investors Service ("Moody's") assigned a B1 rating to Avis Budget Car Rental, LLC's ("Avis") $400 million senior unsecured notes. The issuance does not impact other ratings of Avis, including the Ba3 Corporate Family Rating. Favorable market conditions, rational fleeting and pricing strategies across the industry and Avis' own approach to cost management and customer service should result in an improving credit profile for the company.
Avis Budget Group, Inc. (CAR) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc., intend, subject to market and other customary conditions, to offer $400 million aggregate principal amount of senior notes due 2027 in a private offering. The notes will be guaranteed on a senior unsecured basis by Avis Budget Group, Inc. and certain of its U.S. subsidiaries. Avis Budget Group intends to use the net proceeds from the notes offering, together with cash on hand, to redeem a portion of its outstanding 5.50% Senior Notes due 2023 and pay related fees and expenses, with any remainder to be used for general corporate purposes.
A game of musical chairs is about to take place at Dulles International Airport. The Metropolitan Washington Airports Authority board is expected this week to approve a series of seven-year contracts for vehicle rentals, resulting in a host of consolidations and one new entrant in the fold. Earlier this year, the MWAA board authorized authority staff to bid out new rental car concession contracts for four parcels — three larger sites and one smaller site.
Hedge funds are known to underperform the bull markets but that's not because they are bad at investing. Truth be told, most hedge fund managers and other smaller players within this industry are very smart and skilled investors. Of course, they may also make wrong bets in some instances, but no one knows what the […]