|Bid||26.57 x 3100|
|Ask||26.59 x 1300|
|Day's Range||26.14 - 26.68|
|52 Week Range||25.67 - 50.88|
|Beta (3Y Monthly)||1.49|
|PE Ratio (TTM)||5.80|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Before we spend many hours researching a company, we’d like to analyze what insiders, hedge funds and billionaire investors think of the stock first. We would like to do so because the elite investors’ consensus returns have been exceptional. In the following paragraphs, we find out what the billionaire investors and hedge funds think of […]
Avis Budget (CAR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Zacks.com featured highlights include: ArcBest, EnLink, American Airlines, Avis Budget and California Resources
Alphabet’s (GOOGL) Waymo is about to launch its self-driving taxi service, starting in Phoenix, Arizona, where it has been undertaking service tests. In addition to ferrying regular taxi customers paying for themselves, Waymo has also discovered a surprise commercial opportunity that its leader, John Krafcik, has said could be a huge driver of the company’s taxi business. Walmart (WMT), Avis Budget Group (CAR), and AutoNation (AN) are some of the companies that have shown interest in Waymo’s sponsored ride program.
Larry De Shon became the CEO of Avis Budget Group Inc (NASDAQ:CAR) in 2016. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Read More...
With market participants gripped by uncertainty-related fears on the one hand and robust earnings numbers on the other, selecting potential winning stocks is a difficult task.
The Dow Jones Transportation Average surged 1.8% in afternoon trade Wednesday, to outpace the 157-point, or 0.6%, gain in its sister index, the Dow Jones Industrial Average . All 20 components of the Dow transports gained ground, led by the 3.7% surge in shares of Ryder System Inc. , the 3.1% rise in Norfolk Southern Corp.'s stock and the 3.0% rally in shares of Avis Budget Group Inc. . Within the Dow industrials, 23 of 30 components traded higher. The Dow transports bounce comes after it tumbled 3.1% on Tuesday amid a broad-market selloff, with the Dow industrials shedding 552 points, or 2.2%. The Dow transports has underperformed the Dow industrials recently and this year; the transports has lost 9.1% over the past three months and 2.1% year to date, while the industrials has slipped 7.0% the past three months and slipped 0.4% this year. According to the century-old Dow Theory of market analysis suggests the two averages have a symbiotic relationship, as the theory holds that "the industrials make and the transports take," according to S&P Dow Jones Indices.
Zacks.com featured highlights include: ArcBest, Molina, Avis Budget, Cincinnati Bell and AMC
Here's what investors need to know about Hertz's better-than-expected third-quarter and what needs to happen going forward.
Shares of Matson Inc. shot up 11.1% in morning trade Tuesday, enough to pace the Dow Jones Transportation Average's gainers, after the ocean transportation, rail and trucking services company reported late Monday third-quarter earnings and revenue that rose above expectations and raised his fourth-quarter outlook. The price gain, which would be stretch its win streak to seven sessions, was adding about 25 points to the Dow transports' price, which was up 47 points. The next biggest gainer in the Dow transports was Expeditors International of Washington Inc.'s stock , which rallied 4.2% after the air and ocean freight company reported early Tuesday earnings and revenue that beat expectations, and added about 17 points to the index. The biggest weight on the transports tracker was Avis Budget Group Inc.'s stock , which tumbled 5.6% to shave about 11 points off the transports after the car rental service reported late Monday earnings and revenue that missed expectations. The Dow transports have now shed 6.6% over the past three months while the Dow Jones Industrial Average has inched up less than 0.1%.
Here are some of the companies with shares expected to trade actively in Tuesday’s session. Check back closer to the market open for an updated list. Booking Holdings: Gross travel bookings for the online travel company rose 12% last quarter, and Booking Holdings gave upbeat profit targets for the current period.
Avis Budget (CAR) delivered earnings and revenue surprises of -5.40% and -1.84%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
The Parsippany, New Jersey-based company said it had net income of $2.68 per share. Earnings, adjusted for non-recurring costs, came to $3.33 per share. The results did not meet Wall Street expectations. ...
Avis Budget Group Inc. shares took a hit in after-hours trading Monday after the car-rental company reported lighter quarterly profit and revenue than expected. Avis Budget reported third-quarter net income of $213 million, or $2.68 a share, on revenue of $2.78 billion, up slightly from $2.75 billion a year ago. After adjustments for taxes and other effects, the company claimed earnings of $3.33 a share, up from $3.10 a share a year ago. Analysts on average expected adjusted earnings of $3.56 a share on sales of $2.81 billion, according to FactSet. Avis also narrowed its full-year guidance ranges, and now expects full-year adjusted earnings of $3.30 to $3.70 a share on revenue of $9.1 billion to $9.2 billion. Shares declined more than 4% in after-hours action following the release of the report. Avis stock has declined 29.2% so far this year, as the S&P 500 index has increased 1.9%.
Avis Budget Group, Inc. ( CAR) and Hertz Global Holdings, Inc. ( HTZ), which both set 2018 highs in the first quarter, are now deep in bear market territory, down by roughly 40%. Avis Budget stock closed Friday, Nov. 2, at $30.17, down 31.2% year to date and in bear market territory at 40.7% below its 2018 high of $50.88 set on March 20. The stock is up 11.9% since trading as low as $26.97 on Oct. 29.
Avis Budget Group, Inc. (NASDAQ: CAR ) releases its next round of earnings this Monday, Nov. 5. Earnings and Revenue Avis EPS will likely be near $3.54 while revenue will be around $2.81 billion, according ...