After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Recently, Yahoo Finance discussed the stock, revealing that Avis Budget Group Announces Pricing of €600 Million of Senior Notes.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Stocks Info
CAR belongs to the Industrials sector of the NASDAQ while operating in the Rental & Leasing Services industry. The current market capitalization of Avis Budget Group Inc is $3.83B. A total of 1.27 million shares were traded on the day, compared to an average of 819.28K shares.
Insider Activity
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, CAR has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 11 BUYs and 12 SELLs from insiders. Insiders purchased 353,005 shares during that period but sold 1,182,252.
In the most recent transaction, Ferraro Joseph A. sold 18,460 shares of CAR for 195.41 per share on Dec 15. After the transaction, the President and CEO now owns 217,405 company shares. In a previous transaction on Dec 15, Martins Izilda P sold 3,950 shares at 195.86 per share. CAR shares that EVP, Americas owns now total 21,145.
Among the insiders who sold shares, Rankin Patrick K disposed of 14,917 shares on Jun 13 at a per-share price of $202.55. This resulted in the President, International holding 59,672 shares of CAR after the transaction.
Dividend
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. CAR’s most recent ex-dividend date was 12/14/2023 when it declared a $10.00 quarterly dividend that was paid in cash on 12/21/2023. Previously, the company paid the dividend on 10/16/2017 with an ex-dividend date of 9/28/2017. The CAR stock dividend was $0.1070 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for CAR in the last 3 months, the mean price target is $180.00 with high estimates of $240.00 and low estimates of $118.00. In terms of 52-week highs and lows, CAR has a high of $232.73 and a low of $99.60.
As of this writing, CAR has an earnings estimate of -$1.8 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.2 per share and a lower estimate of -$2.76. The company reported an EPS of $16.78 in the last quarter, which was 18.50% higher than expectations of $14.16.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. CAR’s latest balance sheet shows that the firm has $534.00M in Cash & Short Term Investments as of fiscal 2021. There were $17.80B in debt and $2.41B in liabilities at the time. Its Book Value Per Share was -$9.97, while its Total Shareholder’s Equity was -$209.00M.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CAR is Buy with a score of 3.71.
