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NASDAQ: CAR
Avis Budget Group Inc Stock

$110.52+2.48 (+2.3%)
Updated Mar 1, 2024
CAR Price
$110.52
Fair Value Price
N/A
Market Cap
$3.92B
52 Week Low
$99.60
52 Week High
$244.95
P/E
2.6x
P/B
-11.23x
P/S
0.54x
PEG
0.04x
Dividend Yield
9.05%
Revenue
$12.01B
Earnings
$1.63B
Gross Margin
32.1%
Operating Margin
18.38%
Profit Margin
13.6%
Debt to Equity
-94.3
Operating Cash Flow
$4B
Beta
1.84
Next Earnings
Apr 29, 2024
Ex-Dividend
N/A
Next Dividend
N/A

CAR Overview

Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers. It operates the Avis brand, that offers vehicle rental and other mobility solutions to the premium commercial and leisure segments of the travel industry; the Budget Truck brand, a local, and one-way truck and cargo van rental businesses with a fleet of approximately 20,000 vehicles, which are rented through a network of approximately 465 dealer-operated and 385 company-operated locations that serve the consumer and light commercial sectors in the continental United States; and the Zipcar brand, a car sharing network. The company also operates various other car rental brands, such as Budget, Payless, Apex, Maggiore, MoriniRent, FranceCars, Amicoblue, Turiscar, and ACL Hire. In addition, it offers optional insurance products and coverages, such as supplemental liability, personal accident, personal effects protection, emergency sickness protection, and automobile towing protection and cargo insurance products; fuel service options, roadside assistance services, electronic toll collection services, curbside delivery, tablet rentals, access to satellite radio, portable navigation units, and child safety seat rentals; automobile towing equipment and other moving accessories, such as hand trucks, furniture pads, and moving supplies; and Business Intelligence solution, an online portal for corporate travel. Avis Budget Group, Inc. operates in approximately 10,400 locations worldwide. The company was formerly known as Cendant Corporation and changed its name to Avis Budget Group, Inc. in September 2006. Avis Budget Group, Inc. was founded in 1946 and is headquartered in Parsippany, New Jersey.

Zen Score

Industry Average (27)
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Due Diligence Checks

CAR ($110.52) is trading below its intrinsic value of $1,134.12, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
CAR is good value based on its earnings relative to its share price (2.6x), compared to the US market average (36.17x)
P/E vs Market Valuation
CAR is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
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CAR News

Valuation

CAR fair value

Fair Value of CAR stock based on Discounted Cash Flow (DCF)
Price
$110.52
Fair Value
$175.19
Undervalued by
36.91%
CAR ($110.52) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

CAR price to earnings (PE)

For valuing profitable companies with steady earnings
Company
2.6x
Industry
15.58x
Market
36.17x
CAR is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
CAR is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

CAR price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
-11.23x
Industry
2.27x

CAR price to earnings growth (PEG)

For valuing profitable companies with growth potential
CAR is good value based... subscribe to Premium to read more.
PEG Value Valuation

CAR's financial health

Profit margin

Revenue
$2.8B
Net Income
$259.0M
Profit Margin
9.4%
CAR's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
CAR's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$32.6B
Liabilities
$32.9B
Debt to equity
-94.3
CAR's short-term liabilities ($2.66B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
CAR's long-term liabilities ($30.25B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
CAR's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
CAR's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$793.0M
Investing
-$416.0M
Financing
-$472.0M
CAR's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

CAR vs Rental & Leasing Service Stocks

TickerMarket Cap1d %P/EP/B
CAR$3.92B+2.30%2.60x-11.23x
AL$4.43B-0.50%7.73x0.62x
GATX$4.53B+0.67%17.91x1.99x
HRI$4.62B+2.82%13.40x3.63x
MGRC$3.06B+0.19%17.47x3.27x

Avis Budget Group Stock FAQ

What is Avis Budget Group's quote symbol?

(NASDAQ: CAR) Avis Budget Group trades on the NASDAQ under the ticker symbol CAR. Avis Budget Group stock quotes can also be displayed as NASDAQ: CAR.

If you're new to stock investing, here's how to buy Avis Budget Group stock.

What is the 52 week high and low for Avis Budget Group (NASDAQ: CAR)?

(NASDAQ: CAR) Avis Budget Group's 52-week high was $244.95, and its 52-week low was $99.60. It is currently -54.88% from its 52-week high and 10.97% from its 52-week low.

How much is Avis Budget Group stock worth today?

(NASDAQ: CAR) Avis Budget Group currently has 35,472,745 outstanding shares. With Avis Budget Group stock trading at $110.52 per share, the total value of Avis Budget Group stock (market capitalization) is $3.92B.

Avis Budget Group stock was originally listed at a price of $343.80 in Dec 31, 1997. If you had invested in Avis Budget Group stock at $343.80, your return over the last 26 years would have been -67.85%, for an annualized return of -4.27% (not including any dividends or dividend reinvestments).

How much is Avis Budget Group's stock price per share?

(NASDAQ: CAR) Avis Budget Group stock price per share is $110.52 today (as of Mar 1, 2024).

What is Avis Budget Group's Market Cap?

(NASDAQ: CAR) Avis Budget Group's market cap is $3.92B, as of Mar 3, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Avis Budget Group's market cap is calculated by multiplying CAR's current stock price of $110.52 by CAR's total outstanding shares of 35,472,745.
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