Avis Budget Group, Inc. (CAR) Analysts See $-1.09 EPS

April 17, 2018 - By Richard Conner

Avis Budget Group, Inc. (NASDAQ:CAR) LogoInvestors sentiment increased to 0.7 in Q4 2017. Its up 0.12, from 0.58 in 2017Q3. It is positive, as 39 investors sold Avis Budget Group, Inc. shares while 78 reduced holdings. 36 funds opened positions while 46 raised stakes. 100.88 million shares or 8.81% less from 110.63 million shares in 2017Q3 were reported.
Jefferies Grp Inc Limited Liability Corp has invested 1.33% in Avis Budget Group, Inc. (NASDAQ:CAR). New York-based Clear Harbor Asset Ltd Liability Corp has invested 0.22% in Avis Budget Group, Inc. (NASDAQ:CAR). Bnp Paribas Arbitrage, New York-based fund reported 38,176 shares. Ameriprise invested 0% of its portfolio in Avis Budget Group, Inc. (NASDAQ:CAR). Hsbc Hldgs Public Limited Com has 0% invested in Avis Budget Group, Inc. (NASDAQ:CAR) for 55,841 shares. Virtu Fincl Ltd Limited Liability Company holds 0.04% or 17,995 shares in its portfolio. Tudor Corp Et Al reported 20,108 shares or 0.02% of all its holdings. Mountain Lake Management Ltd Co has invested 7.07% in Avis Budget Group, Inc. (NASDAQ:CAR). Texas Permanent School Fund holds 48,434 shares or 0.03% of its portfolio. Mitsubishi Ufj And invested in 0% or 4,969 shares. Pub Sector Pension Inv Board holds 0.05% or 158,000 shares. Pacad Limited invested in 0.11% or 10,700 shares. Invesco Ltd reported 0% in Avis Budget Group, Inc. (NASDAQ:CAR). Commonwealth Retail Bank Of holds 120,100 shares. Bbr Prtnrs Ltd Company invested 0.08% in Avis Budget Group, Inc. (NASDAQ:CAR).

Since October 30, 2017, it had 1 insider buy, and 1 sale for $140.91 million activity. 3.50M Avis Budget Group, Inc. (NASDAQ:CAR) shares with value of $141.96 million were bought by SRS Investment Management – LLC.

Analysts expect Avis Budget Group, Inc. (NASDAQ:CAR) to report $-1.09 EPS on May, 2.They anticipate $0.15 EPS change or 15.96 % from last quarter’s $-0.94 EPS. After having $0.45 EPS previously, Avis Budget Group, Inc.’s analysts see -342.22 % EPS growth. The stock increased 1.76% or $0.86 during the last trading session, reaching $49.6. About 3.35M shares traded or 47.66% up from the average. Avis Budget Group, Inc. (NASDAQ:CAR) has risen 66.28% since April 17, 2017 and is uptrending. It has outperformed by 54.73% the S&P500.

Avis Budget Group, Inc. (NASDAQ:CAR) Ratings Coverage

Among 4 analysts covering Avis Budget Group (NASDAQ:CAR), 1 have Buy rating, 1 Sell and 2 Hold. Therefore 25% are positive. Avis Budget Group had 6 analyst reports since November 1, 2017 according to SRatingsIntel. The stock of Avis Budget Group, Inc. (NASDAQ:CAR) earned “Buy” rating by Deutsche Bank on Friday, February 23. Barclays Capital maintained the stock with “Equal-Weight” rating in Wednesday, November 1 report. The firm has “Hold” rating by Northcoast given on Wednesday, April 11. The firm has “Sell” rating by Goldman Sachs given on Wednesday, February 14. The firm has “Buy” rating by Deutsche Bank given on Wednesday, November 8.

Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and clients worldwide. The company has market cap of $4.02 billion. The firm operates through two divisions, Americas and International. It has a 11.67 P/E ratio. It operates the Avis brand car rental system with approximately 5,550 locations that supply rental cars to the premium commercial and leisure divisions of the travel industry; the Budget brand vehicle rental system with approximately 4,050 car rental locations, which serve the value-conscious divisions of the industry; and the Zipcar brand, a membership car sharing network that provides vehicles to approximately 1 million members.

Avis Budget Group, Inc. (NASDAQ:CAR) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.