The stock price of Avis Budget Group Inc (NASDAQ: CAR) has plunged by -6.82 when compared to previous closing price of 89.71, but the company has seen a -5.01% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2025-02-12 that Avis Budget Group, Inc. (NASDAQ:CAR ) Q4 2024 Earnings Conference Call February 12, 2025 8:30 AM ET Company Participants David Calabria – SVP, Corporate Finance and Treasurer Joseph Ferraro – President and CEO Izilda Martins – EVP and CFO Brian Choi – Executive VP and Chief Transformation Officer Conference Call Participants John Babcock – Bank of America Christopher Stathoulopoulos – Susquehanna Financial Harold Antor – Jefferies Jash Patwa – J.P. Morgan Chase Dan Levy – Barclays Bank Chris Woronka – Deutsche Bank Operator Greetings, and welcome to the Avis Budget Group’s Fourth Quarter and Full Year 2024 Conference Call.
Is It Worth Investing in Avis Budget Group Inc (NASDAQ: CAR) Right Now?
Additionally, the 36-month beta value for CAR is 2.36. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 2 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
The public float for CAR is 34.03M and currently, short sellers hold a 6.90% ratio of that float. The average trading volume of CAR on February 13, 2025 was 580.55K shares.
CAR’s Market Performance
The stock of Avis Budget Group Inc (CAR) has seen a -5.01% decrease in the past week, with a -0.17% drop in the past month, and a -10.07% fall in the past quarter. The volatility ratio for the week is 5.49%, and the volatility levels for the past 30 days are at 4.20% for CAR. The simple moving average for the last 20 days is -6.78% for CAR stock, with a simple moving average of -11.97% for the last 200 days.
Analysts’ Opinion of CAR
Barclays, on the other hand, stated in their research note that they expect to see CAR reach a price target of $105. The rating they have provided for CAR stocks is “Equal Weight” according to the report published on September 19th, 2024.
Goldman gave a rating of “Neutral” to CAR, setting the target price at $130 in the report published on April 04th of the previous year.
CAR Trading at -6.87% from the 50-Day Moving Average
After a stumble in the market that brought CAR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -51.24% of loss for the given period.
Volatility was left at 4.20%, however, over the last 30 days, the volatility rate increased by 5.49%, as shares sank -2.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -23.20% lower at present.
During the last 5 trading sessions, CAR fell by -5.01%, which changed the moving average for the period of 200-days by -16.05% in comparison to the 20-day moving average, which settled at $89.67. In addition, Avis Budget Group Inc saw 3.70% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for CAR
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.27 for the gross margin
The net margin for Avis Budget Group Inc stands at 0.03. The total capital return value is set at 0.06.
Based on Avis Budget Group Inc (CAR), the company’s capital structure generated 1.01 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at -112.74. The interest coverage ratio of the stock is 3.09.
Currently, EBITDA for the company is 5.66 billion with net debt to EBITDA at 4.82. When we switch over and look at the enterprise to sales, we see a ratio of 2.46. The receivables turnover for the company is 9.8for trailing twelve months and the total asset turnover is 0.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.70.
Conclusion
In conclusion, Avis Budget Group Inc (CAR) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
