|Bid||74.74 x 1100|
|Ask||75.90 x 800|
|Day's Range||72.40 - 76.93|
|52 Week Range||9.44 - 79.99|
|Beta (5Y Monthly)||2.33|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 03, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Feb 23, 2006|
|1y Target Est||59.83|
Conference Call to Discuss Results Scheduled for May 4th, 2021PARSIPPANY, N.J., April 14, 2021 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its first quarter 2021 results after the market close on Monday, May 3rd, 2021, and to host a conference call for institutional investors to discuss these results on Tuesday, May 4th, 2021 at 8:30 a.m. Eastern time. Investors may access the call at ir.avisbudgetgroup.com, or by dialing (877)-407-2991. Investors are encouraged to dial in approximately 10 minutes prior to the call. A web replay will be available at ir.avisbudgetgroup.com following the call. A telephone replay will be available from 11:00 a.m. Eastern time on May 4th, 2021 until 10:00 p.m. on May 18th, 2021 at (877)-660-6853 using conference code 13717958. About Avis Budget GroupAvis Budget Group, Inc. is a leading global provider of mobility solutions, both through its Avis and Budget brands, which have more than 10,000 rental locations in approximately 180 countries around the world, and through its Zipcar brand, which is the world's leading car sharing network, with more than one million members. Avis Budget Group operates most of its car rental offices in North America, Europe and Australasia directly, and operates primarily through licensees in other parts of the world. Avis Budget Group is headquartered in Parsippany, N.J. Contact:David CalabriaIR@avisbudget.com
Entertainment and leisure stocks have been extremely hot in 2021 as investors bet that there's going to be a big jump in consumer spending as the pandemic slows and businesses reopen this summer. Three of the market's biggest winners so far in 2021 have been AMC Entertainment Holdings (NYSE: AMC), SeaWorld Entertainment (NYSE: SEAS), and Avis Budget Group (NASDAQ: CAR) on the hope that their businesses will rebound quickly. An overarching thesis for these entertainment and travel/leisure stocks is that there is a big recovery in revenue coming in 2021.
With vaccine rollouts progressing and personal savings rising to record highs, “reopening” plays in the stock market are all the rage. As a contrarian, I’ve been suggesting reopening plays in this column and my stock letter (the link is in the bio below) for upwards of a year. Wait, how could the reopening theme be spent even before reopening happens?