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Avis Budget Group Inc   (CAR)
Other Ticker:  
 
    Sector  Services    Industry Rental & Leasing
   Industry Rental & Leasing
   Sector  Services
 
Price: $107.4300 $3.75 3.617%
Day's High: $107.93 Week Perf: 5.3 %
Day's Low: $ 103.58 30 Day Perf: 3.04 %
Volume (M): 636 52 Wk High: $ 244.95
Volume (M$): $ 68,368 52 Wk Avg: $158.07
Open: $105.07 52 Wk Low: $93.53



 Market Capitalization (Millions $) 3,815
 Shares Outstanding (Millions) 36
 Employees 30,000
 Revenues (TTM) (Millions $) 12,002
 Net Income (TTM) (Millions $) 1,210
 Cash Flow (TTM) (Millions $) -30
 Capital Exp. (TTM) (Millions $) 0

Avis Budget Group Inc
We operate two of the most recognized brands in the global vehicle rental industry through Avis and Budget. Avis is a leading rental car supplier to the premium commercial and leisure segments of the travel industry and Budget is a leading rental car supplier to the price-conscious segments of the industry. We believe we are the largest general-use vehicle rental operator in each of North America, Australia, New Zealand and certain other regions we serve, based on total revenue. We maintain the leading share of airport car rental revenue and we believe we operate the second largest consumer truck rental business in the United States based on available information.


   Company Address: 379 Interpace Parkway Parsippany, 7054 NJ
   Company Phone Number: 496-4700   Stock Exchange / Ticker: NASDAQ CAR
   


Customers recorded net loss Customers recorded net loss



• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
R        7.02% 
• View Complete Report
   



Stocks on the Move

Unraveling Avis Budget Group Inc Performance Analysis, Market Dynamics, and Sector Expectations

Published Fri, Jul 12 2024 5:27 PM UTC

With a year-to-date performance that has been relatively softer compared to its competitors, the shares of Avis Budget Group Inc (NASDAQ: CAR) have shown some signs of improvement in recent weeks. A closer look at recent events, such as Q1 earnings, the industry's expectations for the upcoming budget, and the company's financial indicators, sheds light on Avis Budget Group's...

Stocks on the Move

Avis Budget Groups Digital Transformation Strategy Boosts Corporate Client Revenue, but Challenges Remain

Published Tue, Jun 25 2024 4:25 PM UTC

In recent years, the Avis Budget Group (Avis) has been working diligently to adapt to the digital age and transform its business operations. Their digital transformation strategy has been the focus of much attention, with the aim of optimizing efficiency, enhancing customer experience, and staying ahead of competition in the rapidly evolving market. A recent analysis report ...

Partnership

AVIS Extends PGA TOUR Partnership and Appoints Xander Schauffele as Ambassador

Published Mon, Jun 17 2024 2:01 PM UTC

AVIS, the renowned car rental company, has recently announced the extension of its long-standing partnership with the PGA TOUR, serving as its Official Rental Car Company since 2011. In addition, AVIS has enlisted professional golfer Xander Schauffele as their brand ambassador. This article aims to provide an overview of these developments while incorporating key details fr...

Financing Agreement

Avis Budget Group Bolsters Financial Position with 200 Million Senior Notes Offering, Despite Decline in Q1 2024's Income per Employee

Published Tue, May 14 2024 4:05 PM UTC

Avis Budget Group Announces Pricing of 200 Million of Senior Notes, While facing a decline in Income per employee
PARSIPPANY, N.J., May 14, 2024 - Avis Budget Group, Inc. (NASDAQ: CAR) has recently made an announcement regarding its private offering of additional 7.25% Senior Notes due 2030. The wholly-owned subsidiary of Avis Budget Group, Avis Budget Finance plc, price...

Avis Budget Group Inc

Avis Budget Group Inc. Suffers Significant Losses in Latest Financial Report

In financial news for the time-frame closing March 31, 2024, Avis Budget Group Inc experienced a loss of $-3.21 per share, compared to a profit of $7.72 per share a year ago. The company also saw a decrease in Income per Share, falling from $6.86 per share in the previous reporting season. The revenue for the period decreased by -0.235% to $2.55 billion from $2.56 billion in the same reporting season a year ago. Additionally, the revenue deteriorated sequentially by -7.706% from $2.76 billion.
This decline in top-line revenue is in contrast to the rental and leasing industry as a whole, which witnessed an improvement in revenue during the same period. Avis Budget Group Inc reported a net loss of $-113.000 million for the time-frame ending March 31, 2024, compared to earnings of $312.000 million in the previous year's reporting season. Operating earnings also fell by -27.55% to $1286 million, resulting in a decline of the company's operating margin to 50.41% from 69.42% in the first quarter of 2023.






 

Avis Budget Group Inc's Segments
 
Domestic Car Rental
 Segment     of total Revenue
International Car Rental
 Segment     of total Revenue
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Avis Budget Group Inc announced annual revenue outlook on

Earnings Outlook
Avis Budget Group Inc issued annual earnings guidance on

 
Geographic Revenue Dispersion
United States
Other

Avis Budget Group Inc's Operating Statistics Decrease / Increase
       
Domestic Car Rental Days (thousands)    Domestic Car Rental Days (thousands) Growth   
Domestic Car Time & Mileage Revenue per Day $   Domestic Car Time & Mileage Revenue per Day $ Decline   
Domestic Car Average Rental Fleet    Domestic Car Average Rental Fleet Growth   
International Car Rental Days (thousands)    International Car Rental Days (thousands) Growth   
International Car Time & Mileage Revenue per Day $   International Car Time & Mileage Revenue per Day $ Decline   
International Car Average Rental Fleet    International Car Average Rental Fleet Growth   
Total Car Rental Days (thousands)    Total Car Rental Days (thousands) Growth   
Total Car Time & Mileage Revenue per Day $   Total Car Time & Mileage Revenue per Day $ Decline   
Total Car Average Rental Fleet    Total Car Average Rental Fleet Growth   
Truck Rental Days (thousands)   Truck Rental Days (thousands) Decline   
Truck Time & Mileage Revenue per Day $   Truck Time & Mileage Revenue per Day $ Decline   
Truck Average Rental Fleet    Truck Average Rental Fleet Growth   




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