|Bid||0.00 x 1300|
|Ask||0.00 x 4000|
|Day's Range||31.90 - 32.96|
|52 Week Range||29.80 - 50.88|
|PE Ratio (TTM)||7.20|
|Earnings Date||Aug 7, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||48.00|
Moody's Investors Service ("Moody's") affirmed the ratings of Avis Budget Group, Inc.'s (Avis) subsidiaries: Avis Budget Car Rental LLC -- secured bank facility at Baa3 and senior unsecured notes ...
A string of private car-share operators are revving up business in Paris as the pioneering city-run Autolib scheme comes to an end and city authorities promote car sharing over private ownership. Last month, Paris ended the Bollore Group's contract to operate its Autolib electric vehicles due to financial difficulties at the state-funded scheme. Its nearly 4,000 cars are set to disappear from Paris roads at the end of July.
Avis Budget Group Inc. (car) said Thursday it will introduce new benefits for Amazon.com Inc. (amzn) customers who book a rental car through Avis. The benefits include an Amazon gift card valued at 10% of the rental price and other savings on the rental. Avis's stock edged up 0.6% in premarket trade.
Avis Budget Group, Inc. (CAR) today introduced plans to reward Amazon customers with special perks when they rent a car through Avis. Beginning today, Amazon customers who book an Avis vehicle can save money on their rental and receive an Amazon.com Gift Card valued at 10 percent* of their rental price*. Later this month, those who book an Avis vehicle using the Avis skill for Amazon Alexa will receive an Amazon.com Gift Card valued at 20 percent*.
Avis Budget Group, Inc. (CAR) announced today that it plans to report its second quarter 2018 results after the market close on Tuesday, August 7, 2018, and to host a conference call for institutional investors to discuss these results and its full year outlook on Wednesday, August 8, 2018 at 8:30 a.m. Eastern time. Avis Budget Group, Inc. is a leading global provider of mobility solutions, both through its Avis and Budget brands, which have more than 11,000 rental locations in approximately 180 countries around the world, and through its Zipcar brand, which is the world’s leading car sharing network, with more than one million members. Avis Budget Group operates most of its car rental offices in North America, Europe and Australasia directly, and operates primarily through licensees in other parts of the world.
The Zacks Analyst Blog Highlights: Korn/Ferry International, Avis Budget Group, Regal Beloit, Amedisys and Jacobs Engineering Group
Avis Budget's (CAR) ability to cater to a wide range of mobility demands helps it expand and strengthen global foothold through organic growth.
June's jobs report indicates that corporations are successfully filling up open positions even as the pool of skilled workers continues to shrink.
Denverites may have noticed the disappearance of car2go-branded Smart cars from the city's streets, but the car-sharing company isn't going anywhere. It's posted double-digit growth this year — from rental length to membership numbers — and credits, in part, the move away from the tiny economy vehicles. Smart cars were phased out of the Denver region by car2go over a several-month period in 2017, and replaced by Mercedes-Benz sedans and crossovers —vehicles, the company says, that are a better fit for the Colorado lifestyle.
The " Fast Money " traders shared their first moves for the market open. Carter Worth was a buyer of Johnson & Johnson JNJ Dan Nathan was a buyer of JD.com JD Steve Grasso was a buyer of Avis Budget Group CAR Tim Seymour was a seller of JD.
Avis Budget Group, Inc. (CAR) has selected its Avis and Budget Licensees of the Year for Latin America/the Caribbean. This year’s recipients for the region are Avis Peru and Budget Mexico. “In Latin America and the Caribbean, we primarily operate through licensees so it’s imperative that we have best-in-class stewards of our brands,” said Joe Ferraro, president, Americas, Avis Budget Group.
NEW YORK, NY / ACCESSWIRE / June 27, 2018 / Shares of Avis Budget Group and Hertz Global were sinking in Tuesday's trading session after a Morgan Stanley analyst remarked on seeing more downside for pre-owned autos in 2018 and that competition from ride hailing services Uber and Lyft could hit the top line. Avis Budget Group, Inc. closed down almost 10% on Tuesday on about 4 million shares traded. It was a grim day for both Avis Budget Group and Hertz Global holdings as Morgan Stanley analyst Adam Jonas had some not so good things to say about the rental car giants and gave them price targets less than where the stocks are currently trading.
MARKET PULSE Shares of Avis Budget Group Inc. sank 9.4% toward a seven-month low in afternoon trade Tuesday, enough to pace the Dow Jones Transportation Average's decliners, after Morgan Stanley resumed coverage of the rental car company with a bearish underweight rating.
Dimming views on used-car prices are weighing down shares of rental-car giants Hertz Global Holdings Inc. and Avis Budget Group Inc. Hertz dropped as much as 12 percent Tuesday and Avis shares fell to their lowest price in seven months. Morgan Stanley analyst Adam Jonas cautioned that a glut of used cars and sport utility vehicles will come off lease and undermine the value of the autos in their fleets.
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