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Avis Budget Group, Inc. (CAR)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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37.68+1.10 (+3.01%)
At close: 4:00PM EST

37.85 +0.17 (0.45%)
After hours: 7:26PM EST

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  • p
    pratik
    Insider bought 105000 shares. Monday will be 10%high for sure
    Bullish
  • S
    Smarty
    The stock price is simply not supported by fundamental valuations. It is just trading up or down circus.
  • J
    Jim
    made good money on this the last 6 months, but I did jump off to early last week. I wouldn't be surprised to see it back to 30 just after earnings.
  • R
    Razor
    Glad I topped up my short above $40, knew it wouldn't stay there long.

    Will start to cover some below $34

    GLTA to all that agreed that this had no business being above $35 a share
    Bearish
  • R
    Razor
    They sold 29% of their fleet in Q3...and you guys expect them to get back to their all time high of $50

    This is the problem with the market now, a bunch of dreamers thinking everything should just go up because...
    Bearish
  • g
    gian
    Just took a healthy short - car rental - Covid - winter ???
  • D
    Der T Sanchez
    Did I miss the news about the Covid Vaccine or something?
  • J
    John
    Avis is a solid entity that has a partnership with Uber and Lyft to provide vehicles and although the pandemic has caused a crunch on all travel related industries Avis has disposed of unnecessary vehicle inventory, and its debt is approximately 70 % of what Hertz had outstanding. You can't bankrupt all of these entities or business and leisure travelers will be driving around wrecks that have shoddy maintenance and are hazardous and should not be on the road. So who is trying to kill the company, its the short sellers who simply want to capitalize on pushing the price down to cover and could care less about individuals lives? Longevity wise this company will prevail and it will climb out of the pandemic and survive. The last thing we need in our economy are more entities being pushed into bankruptcy which screws common shareholders. Patience will pay off.
  • A
    AnD
    Great earnings folks... Up 6% AH. See my earlier comment. LOL
  • J
    Jeffery
    No way this stock should be over $16...
    Bearish
  • J
    Jim
    selling cars is a huge part of the rental business. selling that many in 1 qtr is a lot; but in today's environment, best to be lean. if they find the need for a large purchase of replacement, they may get some decent large volume pricing. no idea where the stock price goes; maybe hovers where it's at; could go back to 40 or sud 25. only Captain Hindsight will know for sure.
  • D
    Detro996
    the Q4 outlook is 530 million with .63 earnings versus 2.75 billion and 2.96 eps YOY. Man that is 80% down forward guidance. This company is about 20% of what it was going forward. So totallng the numbers for year end they will end up with about 4.6 billion in revenue and finish a -5.24 eps, Versus last year 9.2 billion in revenue and 3.68 eps. It will be interesting too see how much of this profit and revenue was due to fleet disposals and or what utilization was. Base on 4qtr outlook they currently have enough fleet to generate 550 million revenue. MAYBE

    Could someone smarter than me explain the valuation being what it is. Because I don't get it.
  • D
    Dastan
    JP Morgan increased the price target citing increased production of auto parts in Q3 in China? What is the correlation between the two?
  • K
    K
    Here's the last day of pumping before those earnings come out and send this back to earth
  • C
    Christopher
    22 billion in debt. Negative 153 million in total shareholder equity last quarter. This is a very bad sign! The company is currently worth less than all its debt.
    Bearish
  • A
    Adem
    Congrats MMs, you brought this stock to pre-Covid level!
  • R
    Razor
    Decided to cover the rest at $30.71 just now. Not sure how much more downside rush there is. The election is driving the market in the wrong direction of where I thought, so safer to be out and then short when if it goes over $35 again
    Bearish
  • R
    Razor
    Started to add to my short position again at $40.55
    Will keep adding as it goes up from here

    Can't stay here long!
    Bearish
  • R
    Razor
    This share price is higher than it was the beginning of Feb BEFORE Covid and the travel industry was decimated. Make no sense. Been shorting again in the $35’s today and will short a ton more of this gets past $38
    Bearish
  • D
    Dastan
    Do investors put so much faith in SRS restructuring CAR?