|Bid||34.065 x 0|
|Ask||34.780 x 0|
|Day's Range||34.115 - 34.115|
|52 Week Range||18.705 - 37.910|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Avis Budget shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 77 to 85.
Avis Budget Group Inc said on Thursday it has launched in the Kansas City, Missouri, area its first fleet of cars that are fully connected to the internet, other vehicles, and to the car rental company via wireless technology as it seeks to enhance its fleet-management services. The Parsippany, New Jersey-based company's so-called Mobility Lab will connect all 5,000 cars in its Kansas City fleet and share live data with the city from those vehicles so it can sharpen computerized traffic flow models, and collaborate on ways to improve tourists' experiences when they rent through Avis. A "connected car" is linked wirelessly to the internet, other vehicles and, in Avis' case, to a centralized network, which the company said will enable it to automate many processes that are currently performed manually.
Avis Budget Group (CAR) opens up a huge revenue-generating opportunity for itself on being selected as the Qualified Vendor for mobility solutions by Choice Hotels.
Hertz Global Holdings Inc. reported its first quarterly profit in a year as better prices at the rental counter signaled the company’s turnaround efforts are gaining traction.
Avis Budget Group stock plunged more than 10 percent in premarket trading Tuesday after reporting rising costs for its fleet of automobiles.
Higher pricing and utilization in the Americas, strong volume growth and stringent cost-cutting initiatives helped Avis Budget (CAR) generate record revenues and beat on third-quarter earnings.
Shares in Avis Budget Group Inc. plunged 11% in after-hours trading Monday as higher fleet costs and weaker international pricing continued to weigh on the car-rental company in its latest quarter.
The Parsippany, New Jersey-based company said it had net income of $2.91 per share. Earnings, adjusted for costs related to mergers and acquisitions and restructuring costs, were $3.10 per share. The results ...
Avis Budget Group Inc. lowered the high end of its forecasts for full-year profit and sales, citing the hurricanes that some analysts thought would help rather than hurt business.
Avis Budget Group Inc on Monday posted a better-than-expected net profit thanks to strong summer demand, but the car rental company's shares fell more than 10 percent in after-market trading as it lowered its full-year earnings forecast citing the impact of hurricanes. Shares in Avis and rival Hertz Global Holdings Inc rose in the wake of the hurricanes as investors expected stronger demand for rental cars as consumers waited to replace damaged vehicles. "As a consequence of the hurricanes, we have updated our full year outlook to reflect the impact of the operational disruption we faced during the quarter," Chief Executive Officer Larry De Shon said in a statement.
Shares of Avis Budget Group Inc. fell 9% late Monday after the car rental company posted adjusted third-quarter earnings above expectations but tweaked lower its 2017 sales forecast. Avis said it earned ...
Car rental company Avis Budget Group Inc said on Monday that its quarterly net profit rose as strong summer demand in the Americas resulted in longer rentals and higher mileage revenue. The Parsippany, ...