Avis Budget Group, Inc.

CAR

US0537741052

Passenger Transportation, Ground & Sea

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
99.57 ^USD	-3.61%		-2.38%	-43.83%

Apr. 25	Hertz Global eyes worst day on record as EV rental business falters	RE
Apr. 18	Deutsche Bank Adjusts Avis Budget Group Price Target to $183 From $202, Maintains Buy Rating	MT

Avis Budget Group, Inc. announces an Increase in Equity Buyback.

November 31, 2021

On November 1, 2021, the company announced an increase in its equity buyback plan. The company increased its authorization by $1,000 million, thereby taking the total authorization to $4,110 million.

Latest news about Avis Budget Group, Inc.

Hertz Global eyes worst day on record as EV rental business falters	Apr. 25	RE
Deutsche Bank Adjusts Avis Budget Group Price Target to $183 From $202, Maintains Buy Rating	Apr. 18	MT
Morgan Stanley Cuts Price Target on Avis Budget to $187 From $190, Maintains Overweight Rating	Apr. 10	MT
North American Morning Briefing : Investors on -2-	Apr. 05	DJ
Goldman Sachs Upgrades Avis Budget Group to Neutral From Sell, Adjusts Price Target to $130 From $118	Apr. 04	MT
North American Morning Briefing : Markets Steady -2-	Mar. 26	DJ
Northcoast Research Upgrades Avis Budget Group to Buy From Neutral, Price Target at $155	Mar. 25	MT
Avis May Outperform Peers as Car-Rental Business Recovers, BofA Says While Initiating Coverage at Buy	Mar. 19	MT
BofA Securities Initiates Avis Budget With Buy Rating, Price Target is $170	Mar. 19	MT
Morgan Stanley Cuts Price Target on Avis Budget Group to $190 From $230, Keeps Overweight Rating	Feb. 23	MT
Sector Update: Consumer Stocks Rise in Late Afternoon Trading	Feb. 21	MT
Avis Budget Group Prices $649 Million Debt Offering	Feb. 21	MT
Tranche Update on Avis Budget Group, Inc.'s Equity Buyback Plan announced on August 6, 2013.	Feb. 16	CI
Deutsche Bank Adjusts Avis Budget Group Price Target to $202 From $248, Maintains Buy Rating	Feb. 14	MT
Susquehanna Adjusts Price Target on Avis Budget to $145 From $195, Maintains Neutral Rating	Feb. 14	MT
Avis Budget Group Q4 Earnings, Revenue Decrease; Shares Fall	Feb. 13	MT
Transcript : Avis Budget Group, Inc., Q4 2023 Earnings Call, Feb 13, 2024	Feb. 13
Avis Budget Group Q4 Earnings, Revenue Decrease	Feb. 12	MT
Earnings Flash (CAR) AVIS BUDGET GROUP Posts Q4 Revenue $2.76B, vs. Street Est of $2.81B	Feb. 12	MT
Earnings Flash (CAR) AVIS BUDGET GROUP Reports Q4 EPS $7.10, vs. Street Est of $4.12	Feb. 12	MT
Avis Budget Group, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Feb. 12	CI
North American Morning Briefing : Stock Futures Steady as Traders Await CPI Data	Feb. 12	DJ
Deutsche Bank Upgrades Avis Budget to Buy From Hold, Adjusts Price Target to $248 From $234	Jan. 25	MT
Hertz's EV sale to fan cost concerns, dampen used-car market	Jan. 16	RE
Avis Budget Group, Inc., Avis Budget Holdings LLC and Avis Budget Car Rental, LLC Enter the Seventh Amendment to the Sixth Amended and Restated Credit Agreement	Jan. 03	CI

Avis Budget Group, Inc. is a provider of mobility solutions through its three brands, Avis, Budget and Zipcar, as well as several other brands. Its brands offer a range of options, from car and truck rental to car sharing. Its segments include Americas and International. The Americas segment consists primarily of vehicle rental operations in North America, South America, Central America and the Caribbean, and operates a car sharing business in these markets. The International segment consists of vehicle rental operations in Europe, the Middle East, Africa, Asia and Australasia, and operates a car sharing business in these markets. The Avis brand provides vehicle rental and other mobility solutions at price points generally above non-branded and value-branded vehicle rental companies and serves the premium commercial and leisure segments of the travel industry. Its other brands include Payless, Maggiore and Morini Rent, FranceCars, Apex, Turiscar and ACL Hire and McNicoll Hire.

Sector

Passenger Transportation, Ground & Sea

Calendar

2024-04-30 - Q1 2024 Earnings Release

More about the company

Income Statement Evolution

More financial data

Ratings for Avis Budget Group, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

99.57 USD

Average target price

171.9 USD

Spread / Average Target

+72.62%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Passenger Car Rental

	1st Jan change	Capi.
AVIS BUDGET GROUP, INC.	-43.83%	3.53B
LOCALIZA RENT A CAR S.A.	-23.36%	9.98B
SIXT SE	-12.80%	4B
HERTZ GLOBAL HOLDINGS, INC.	-54.96%	1.43B
UNITED INTERNATIONAL TRANSPORTATION COMPANY	+3.80%	1.56B
LUMI RENTAL COMPANY	-16.00%	1.23B
THEEB RENT A CAR COMPANY	-0.15%	753M
LOTTE RENTAL CO.,LTD.	-3.06%	718M
MOVIDA PARTICIPAÇÕES S.A.	-40.62%	489M
SOCAR INC.	+36.69%	503M

Passenger Car Rental