Avis Budget Group, Inc.
General ticker "CAR" information:
- Sector: Industrials
- Industry: Rental & Leasing Services
- Capitalization: $4.3B (TTM average)
Avis Budget Group, Inc. follows the US Stock Market performance with the rate: 47.4%.
Estimated limits based on current volatility of 1.6%: low 112.94$, high 116.69$
Factors to consider:
- Total employees count: 24000 as of 2024
- US accounted for 72.8% of revenue in the fiscal year ended 2024-12-31
- Top business risk factors: Military conflicts, Geopolitical risks, Cybersecurity threats, ESG risks, Regulatory and compliance
- Price in estimated range
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [71.63$, 130.27$]
- 2025-12-31 to 2026-12-31 estimated range: [88.48$, 151.82$]
Financial Metrics affecting the CAR estimates:
- Negative: with PPE of 22.4 at the end of fiscal year the price was high
- Negative: negative Operating income
- Positive: Operating cash flow per share per price, % of 122.07 > 12.99
- Positive: Industry operating cash flow per share per price (median), % of 11.63 > 10.21
- Negative: negative Net income
- Positive: Inventory ratio change, % of 0.09 <= 0.79
- Negative: Shareholder equity ratio, % of -7.77 <= 19.41
- Positive: 2.99 < Industry operating profit margin (median), % of 7.30
- Positive: Industry inventory ratio change (median), % of 0 <= 0
Short-term CAR quotes
Long-term CAR plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $11,994.00MM | $12,008.00MM | $11,403.00MM |
| Operating Expenses | $8,711.00MM | $9,656.00MM | $14,030.00MM |
| Operating Income | $3,283.00MM | $2,352.00MM | $-2,627.00MM |
| Non-Operating Income | $353.00MM | $-438.00MM | $0.00MM |
| Interest Expense | $250.00MM | $296.00MM | $358.00MM |
| Income(Loss) | $3,636.00MM | $1,914.00MM | $-2,627.00MM |
| Taxes | $880.00MM | $279.00MM | $-810.00MM |
| Profit(Loss)* | $2,764.00MM | $1,632.00MM | $-1,821.00MM |
| Stockholders Equity | $-703.00MM | $-349.00MM | $-2,327.00MM |
| Assets | $25,927.00MM | $33,419.00MM | $29,953.00MM |
| Operating Cash Flow | $4,707.00MM | $3,828.00MM | $3,518.00MM |
| Capital expenditure | $4,131.00MM | $15,458.00MM | $10,062.00MM |
| Investing Cash Flow | $-4,299.00MM | $-7,346.00MM | $-2,753.00MM |
| Financing Cash Flow | $-360.00MM | $3,506.00MM | $-781.00MM |
| Earnings Per Share** | $58.44 | $42.61 | $-51.30 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.