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Avis Budget Group, Inc. (CAR)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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183.61-3.50 (-1.87%)
As of 01:59PM EDT. Market open.
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  • T
    THI
    Huge debt to be refi will cause this stock to crater below 100 easily. Watch out.
  • E
    Enrique
    More of the same. During 2Q they bought back another 4m shares. At an average price of may be $ 200; they must have invested some 800m in buybacks !!!. Not true that costs were reduced= they are all up against previous quarters. Corporate debt stood at approx same previous levels; but car loans increased more than 2bn. Level of activity (rentals) incresed against 2021; buy is still below 2nd quarters of 2018/19. May be the best news is that 2Q daily average rental price increased above inflation. All in all; the only clear business strategy seems to be to get all the cash they can get from any possible source; and keep on aggressively buying back stock. Outstanding shares (which used to be more than 80m before covid) are now at 49m !!!!....and this explains almost everything.
  • F
    Frank B
    I really have never seen a rip off like this before! Guess there is something big I don’t know about!
  • C
    CIAMBRIELLO
    CAR looks like it is about to drop. Be careful guys. I have been reading (http://Achieverspot.tech) and their stocks have been doing way better.
  • B
    Bruzewski
    Just saw CAR published on the daily alert watchlist at (http://market-engross.club)
  • B
    Benjo
    Short squeeze to 350 !!
    Bullish
  • F
    Frank
    Yahoo! has been so bad lately - especially the CAR board. I like using (http://Themaxgains.tech) now instead for my daily research.
  • D
    Dragan
    They hit it:
    "Net income was $774 million and our Adjusted EBITDA was $1.2 billion, our best quarterly net income and Adjusted EBITDA in our history."......
  • b
    bradley
    Classic sell on the news.
  • K
    Kevin
    Back to under $30s. With high interest and so much debt and overcharging customer complaints. Revenue will by absymal.
    Bearish
  • C
    Chloe
    Wow! I just found a site that gives the top stocks to trade every single day for free! (http://traderspot.club)
  • F
    Frank B
    Wow what a drop!
  • D
    Domenic
    credit rating of a B ... with rates going up and speculative growth declining.. add in record debt.. this hit pre-pandemic numbers
  • S
    Sunny
    Can someone stop the slide? I am crushed…
    Bullish
  • A
    Antonio R
    Up in after hour and now down?!?!!?!????!!??!
    Bullish
  • S
    Smart Investor
  • E
    Enrique
    As usual; press release looks great. Everything seems to be a record. Lets wait until the full report is published tomorrow; and we can find out what % of the approx $ 15 EPS is due to more share buybacks; and also which is the average daily rental price trend in real terms (that is, adjusted per inflation); and its volume of activity. It looks good; but may be not as good as the press release intends to show.....
  • W
    Wing
    3 yrs ago it was $20, noooo thanks, a meme
    Bearish
  • W
    Willie
    Bullish
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