Zacks Research Issues Negative Forecast for CAR Earnings

Avis Budget Group, Inc. (NASDAQ:CAR) – Stock analysts at Zacks Research dropped their Q1 2025 earnings per share estimates for Avis Budget Group in a research note issued on Tuesday, March 4th. Zacks Research analyst S. Dey now anticipates that the business services provider will post earnings per share of ($5.33) for the quarter, down from their previous estimate of ($4.23). The consensus estimate for Avis Budget Group’s current full-year earnings is $8.91 per share. Zacks Research also issued estimates for Avis Budget Group’s Q2 2025 earnings at $2.11 EPS, Q3 2025 earnings at $9.98 EPS, Q4 2025 earnings at $1.08 EPS, FY2025 earnings at $7.84 EPS and Q1 2026 earnings at $0.23 EPS.

A number of other research firms also recently weighed in on CAR. Northcoast Research downgraded Avis Budget Group from a “buy” rating to a “neutral” rating in a research report on Monday, November 18th. The Goldman Sachs Group raised their price target on shares of Avis Budget Group from $85.00 to $95.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 10th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $133.75.

Avis Budget Group Stock Up 0.4 %

CAR stock opened at $76.61 on Thursday. Avis Budget Group has a twelve month low of $65.73 and a twelve month high of $132.25. The company has a market cap of $2.69 billion, a PE ratio of -1.48 and a beta of 2.26. The business’s 50-day simple moving average is $86.51 and its 200 day simple moving average is $87.79.

Avis Budget Group (NASDAQ:CAR) last issued its quarterly earnings results on Tuesday, February 11th. The business services provider reported ($0.23) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.50) by $0.27. Avis Budget Group had a negative return on equity of 14.74% and a negative net margin of 15.45%.

Insiders Place Their Bets

In other Avis Budget Group news, Director Lynn Krominga sold 1,405 shares of Avis Budget Group stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $95.00, for a total transaction of $133,475.00. Following the completion of the sale, the director now owns 1,950 shares of the company’s stock, valued at approximately $185,250. The trade was a 41.88 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 52.00% of the company’s stock.

Institutional Trading of Avis Budget Group

A number of institutional investors have recently bought and sold shares of CAR. Aster Capital Management DIFC Ltd acquired a new position in shares of Avis Budget Group in the 4th quarter valued at $25,000. GAMMA Investing LLC grew its holdings in shares of Avis Budget Group by 118.8% in the 4th quarter. GAMMA Investing LLC now owns 337 shares of the business services provider’s stock valued at $27,000 after buying an additional 183 shares during the period. Nisa Investment Advisors LLC grew its holdings in shares of Avis Budget Group by 293.3% in the 3rd quarter. Nisa Investment Advisors LLC now owns 409 shares of the business services provider’s stock valued at $36,000 after buying an additional 305 shares during the period. Quadrant Capital Group LLC grew its holdings in shares of Avis Budget Group by 41.0% in the 4th quarter. Quadrant Capital Group LLC now owns 681 shares of the business services provider’s stock valued at $55,000 after buying an additional 198 shares during the period. Finally, Sterling Capital Management LLC grew its holdings in shares of Avis Budget Group by 41.3% in the 4th quarter. Sterling Capital Management LLC now owns 736 shares of the business services provider’s stock valued at $59,000 after buying an additional 215 shares during the period. Institutional investors and hedge funds own 96.35% of the company’s stock.

About Avis Budget Group

Avis Budget Group, Inc engages in the provision of vehicle sharing and rental services. It operates through the following segments: Americas, International, and Corporate and Other. The Americas segment includes the vehicle rental and car sharing operations in North America, South America, Central America, and the Caribbean.