NasdaqGS - Delayed Quote • USD
Avis Budget Group, Inc. (CAR)
At close: April 19 at 4:00 PM EDT
After hours: April 19 at 6:46 PM EDT
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 8 | 8 | 8 | 7 |
| Avg. Estimate | -2.4 | 4.49 | 15.37 | 17.18 |
| Low Estimate | -3.77 | 3.21 | 11.79 | 11.82 |
| High Estimate | 0.2 | 6.82 | 20.65 | 24.34 |
| Year Ago EPS | 7.72 | 11.01 | 42.08 | 15.37 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 7 | 7 | 8 | 8 |
| Avg. Estimate | 2.41B | 2.97B | 11.62B | 11.96B |
| Low Estimate | 1.77B | 2.17B | 8.41B | 8.61B |
| High Estimate | 2.57B | 3.17B | 12.26B | 12.59B |
| Year Ago Sales | 2.56B | -- | 12.01B | 11.62B |
| Sales Growth (year/est) | -5.60% | -- | -3.20% | 3.00% |
Earnings History
| CURRENCY IN USD | 3/31/2023 | 6/30/2023 | 9/30/2023 | 12/31/2023 |
|---|---|---|---|---|
| EPS Est. | 3.07 | 9.45 | 14.16 | 4.15 |
| EPS Actual | 7.72 | 11.01 | 16.78 | 7.1 |
| Difference | 4.65 | 1.56 | 2.62 | 2.95 |
| Surprise % | 151.50% | 16.50% | 18.50% | 71.10% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Current Estimate | -2.4 | 4.49 | 15.37 | 17.18 |
| 7 Days Ago | -2.27 | 4.7 | 16.08 | 17.57 |
| 30 Days Ago | -1.89 | 4.74 | 16.7 | 18.18 |
| 60 Days Ago | -1.67 | 5 | 18.99 | 19.22 |
| 90 Days Ago | 1.52 | 6.64 | 24.42 | 20.54 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Up Last 7 Days | -- | -- | -- | -- |
| Up Last 30 Days | -- | -- | -- | 1 |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | 1 | 2 | 2 | 2 |
Growth Estimates
| CURRENCY IN USD | CAR | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | -131.10% | -- | -- | 1.60% |
| Next Qtr. | -59.20% | -- | -- | 10.50% |
| Current Year | -63.50% | -- | -- | 5.20% |
| Next Year | 11.80% | -- | -- | 13.30% |
| Next 5 Years (per annum) | -19.77% | -- | -- | 11.22% |
| Past 5 Years (per annum) | 92.11% | -- | -- | -- |
Research Analysis
Analyst Price Targets
Fair Value
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Upgrades & Downgrades
| Maintains | Deutsche Bank: Buy to Buy | 4/18/2024 |
| Maintains | Morgan Stanley: Overweight to Overweight | 4/10/2024 |
| Upgrade | Goldman Sachs: Sell to Neutral | 4/4/2024 |
| Upgrade | Northcoast Research: Neutral to Buy | 3/25/2024 |
| Initiated | B of A Securities: Buy | 3/19/2024 |
| Maintains | Morgan Stanley: Overweight to Overweight | 2/23/2024 |
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