Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers. More Details
High growth potential with weak fundamentals.
Share Price & News
How has Avis Budget Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CAR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: CAR's weekly volatility has decreased from 17% to 11% over the past year.
7 Day Return
1 Year Return
Return vs Industry: CAR underperformed the US Transportation industry which returned 26.9% over the past year.
Return vs Market: CAR underperformed the US Market which returned 19.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Avis Budget Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall StAre Avis Budget Group, Inc. (NASDAQ:CAR) Investors Paying Above The Intrinsic Value?
2 months ago | Simply Wall StResults: Avis Budget Group, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
3 months ago | Simply Wall StHow Many Avis Budget Group, Inc. (NASDAQ:CAR) Shares Did Insiders Buy, In The Last Year?
Is Avis Budget Group undervalued compared to its fair value and its price relative to the market?
Share Price vs. Fair Value
Below Fair Value: CAR ($37.64) is trading above our estimate of fair value ($27.35)
Significantly Below Fair Value: CAR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CAR is unprofitable, so we can't compare its PE Ratio to the US Transportation industry average.
PE vs Market: CAR is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CAR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CAR has negative assets, so we can't compare its PB Ratio to the US Transportation industry average.
How is Avis Budget Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CAR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: CAR is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CAR's is expected to become profitable in the next 3 years.
Revenue vs Market: CAR's revenue (18.3% per year) is forecast to grow faster than the US market (10.3% per year).
High Growth Revenue: CAR's revenue (18.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CAR's Return on Equity is forecast to be very high in 3 years time (380.2%).
How has Avis Budget Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CAR is currently unprofitable.
Growing Profit Margin: CAR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CAR is unprofitable, and losses have increased over the past 5 years at a rate of 24.4% per year.
Accelerating Growth: Unable to compare CAR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CAR is unprofitable, making it difficult to compare its past year earnings growth to the Transportation industry (-11.5%).
Return on Equity
High ROE: CAR's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Avis Budget Group's financial position?
Financial Position Analysis
Short Term Liabilities: CAR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CAR has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CAR has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CAR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CAR's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: Insufficient data to determine if CAR's interest payments on its debt are well covered by EBIT.
What is Avis Budget Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CAR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CAR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CAR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CAR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CAR's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Joe Ferraro (63 yo)
Mr. Joseph A. Ferraro, also known as Joe, serves as President at Avis Budget Group, Inc. since June 12, 2020. He has been President & Chief Executive Officer at Budget Rent A Car System, Inc. since June 20...
CEO Compensation Analysis
Compensation vs Market: Joe's total compensation ($USD4.93M) is about average for companies of similar size in the US market ($USD5.00M).
Compensation vs Earnings: Joe's compensation has increased whilst the company is unprofitable.
|CEO & President||1yr||US$4.93m||0.17% |
|Chief Human Resource Officer & Executive VP||7.92yrs||US$1.51m||0.067% |
|President of International Region||1.58yrs||US$2.71m||0.0061% |
|Executive Chairman||0.92yr||no data||0.62% |
|Chief Financial Officer||0.42yr||no data||no data|
|VP & Chief Accounting Officer||1.42yrs||no data||0.00041% |
|Treasurer & Senior VP of Corporate Finance||2yrs||no data||no data|
|Chief Information Officer & Executive VP||no data||no data||no data|
|Senior VP||0.83yr||no data||0.021% |
|Head of Marketing||2.42yrs||no data||no data|
|Senior Vice President of Sales||no data||no data||no data|
|Executive Vice President of Americas||10.17yrs||no data||0.012% |
Experienced Management: CAR's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
|Executive Chairman||0.92yr||no data||0.62% |
|Independent Director||14.25yrs||US$260.50k||0.0083% |
|Independent Director||2.75yrs||US$260.50k||0% |
|Independent Director||2.67yrs||US$251.52k||0% |
|Independent Director||0.67yr||no data||no data|
|Independent Vice-Chairman of the Board||0.67yr||no data||no data|
Experienced Board: CAR's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Avis Budget Group, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Avis Budget Group, Inc.
- Ticker: CAR
- Exchange: NasdaqGS
- Founded: 1946
- Industry: Trucking
- Sector: Transportation
- Market Cap: US$2.623b
- Shares outstanding: 69.68m
- Website: https://www.avisbudgetgroup.com
Number of Employees
- Avis Budget Group, Inc.
- 6 Sylvan Way
- New Jersey
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CUCA||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Sep 1983|
|CAR||NasdaqGS (Nasdaq Global Select)||Yes||Common Shares||US||USD||Sep 1983|
|CAR *||BMV (Bolsa Mexicana de Valores)||Yes||Common Shares||MX||MXN||Sep 1983|
|0HK4||LSE (London Stock Exchange)||Yes||Common Shares||GB||USD||Sep 1983|
|CAR||BASE (Buenos Aires Stock Exchange)||CEDEAR EACH REPR 1 ORD USD0.01||AR||ARS||Dec 2003|
Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers. It operates the Avis brand, a vehicle rental system...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/19 23:58|
|End of Day Share Price||2021/01/19 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.