Avis Budget Group(CAR)

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CAR Benefits From Demand in North America Despite Rising Fleet Costs
ZACKS· 2025-04-08 16:50
Avis Budget Group, Inc.’s (CAR) top line is gaining from the surge in demand for the North American car rental industry. The company tackles supply-chain disruption by acquiring vehicles at favorable prices and adjusting its fleet size swiftly per demand. Shareholder-friendly policies are added advantages.Meanwhile, rising fleet costs weigh on the company’s bottom line. Avis Budget Group struggles to boost profitability and scalability due to heightened competition within the car rental industry.CAR reporte ...
Chase the Rebound in Avis (CAR) Stock Amid Trump's Auto Tariff Boost?
ZACKS· 2025-04-02 23:25
Core Viewpoint - Avis Budget Group (CAR) shares have increased over 20% in the past week due to President Trump's 25% tariffs on imported vehicles, which are expected to enhance the fleet value for Avis [1] - The positive investor sentiment is driven by the implied pricing leverage Avis will have for its rental car services [1] Group 1: Stock Performance - Avis stock has rebounded from its 52-week low of $54 in March but remains 43% below its one-year peak of over $130 from last May [2] - The company has missed bottom-line expectations in three of its last four quarterly reports, although it recently surpassed Q4 EPS estimates with an adjusted loss of -$0.23 compared to estimates of -$0.96 [3] Group 2: Earnings Outlook - Annual earnings for Avis are projected to rebound to $8.84 per share this year, up from $3.74 in fiscal 2024, following a one-time non-cash impairment of $2.3 billion last year [4] - EPS is expected to increase by 63% in FY26 to $14.47, although estimates for FY25 and FY26 have declined over the last 60 days [5][6] Group 3: Sales Projections - Total sales for Avis are expected to rise by 1% in FY25 and by another 2% in FY26, reaching $12.2 billion [7] Group 4: Valuation Comparison - Avis currently trades at 8.7X forward earnings, significantly lower than the Zacks Transportation-Services Industry average of 16.5X [10] - Avis trades at less than 1X sales, which aligns with the industry average, despite Hertz being unprofitable and not suitable for P/E comparison [10] Group 5: Strategic Considerations - Avis stock is considered attractive for long-term investors under $100 per share, but there may be better buying opportunities ahead [12] - A decline in EPS estimates could lead to a sell rating, while an increase in EPS revisions could result in a buy rating if the tariffs positively impact operations [13]
Avis Budget Is A Prime Beneficiary From Auto Tariffs (Upgrade)
Seeking Alpha· 2025-03-28 18:58
Group 1 - Avis Budget Group, Inc. (NASDAQ: CAR) has been a long-term underperformer, with the stock losing approximately 41% of its value [1] - Recently, shares of Avis Budget Group gained about 20% in a short period [1] - The analysis is based on over fifteen years of experience in making contrarian bets and stock-specific turnaround stories [1]
Why Car Rental Stocks Are Surging Today
The Motley Fool· 2025-03-27 18:34
Geopolitical news is providing a lift to the auto rental sector.Shares of Avis Budget Group (CAR 20.42%) and Hertz Global Holdings (HTZ 23.62%) each traded up about 20% as of noon ET as investors bet new tariffs on imported vehicles will have a positive impact on their businesses.A complex modelA move by the White House to place 25% tariffs on imported vehicles is likely to create a range of winners and losers among automakers and related businesses. The impact, at least in the near term, is to add thousand ...
Alviona who wants to be my Alviona Avis partner Weight Loss Results
GlobeNewswire News Room· 2025-03-25 08:38
ALMERE, Netherlands, March 25, 2025 (GLOBE NEWSWIRE) -- The foundation of weight reduction therapy, which was discovered a century ago, is the utilization of the body's innate mechanism for energy production. Due to its propensity to produce quick and long-lasting weight loss, a weight-loss diet has become a popular therapeutic approach. It improves your exercise outcomes and helps you become a healthier, thinner version of yourself. While some people lack the time or motivation to follow the rigorous guide ...
AVIS AUX MÉDIAS : Les travailleurs réclament des soutiens gouvernementaux immédiats et décisifs face aux licenciements et à l'incertitude
GlobeNewswire News Room· 2025-03-18 20:41
HAWKESBURY, Ontario, March 18, 2025 (GLOBE NEWSWIRE) -- Des soutiens gouvernementaux sont indispensables face aux nouvelles pertes d’emplois découlant des tarifs douaniers imposés par les États-Unis sur les exportations canadiennes d’acier et d’aluminium. Le Syndicat des Métallos et le Congrès du travail du Canada (CTC) organisent un point de presse à Hawkesbury, dans l’est de l’Ontario, auquel participeront les sections locales des Métallos touchées par les licenciements permanents et temporaires annoncés ...
Avis Budget (CAR) Surges 11.6%: Is This an Indication of Further Gains?
ZACKS· 2025-03-17 13:10
Avis Budget Group (CAR) shares soared 11.6% in the last trading session to close at $61.95. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 36.4% loss over the past four weeks.The stock has recorded this price rise as the company’s improves on the back of growth in the leisure business, driven by robust international inbound and inter-European cross-border leisure travel.This car rental company is expected to post quarterly loss ...
Why Avis Budget Group Stock Was Stalling This Week
The Motley Fool· 2025-03-14 11:51
The auto industry is currently in a state of nervous anticipation, and that's not good for associated companies. One striking case in point is auto rental mainstay Avis Budget Group (CAR -11.41%), whose share price according to data compiled by S&P Global Market Intelligence was down by more than 25% week to date as of early Friday morning.Troubled about tariffsAvis didn't have any negative news of its own to report. Still, investors were rightfully concerned about its vulnerability to current events -- nam ...
Autolus Therapeutics: Beaten Down, Cash Rich, Poised To Launch A CAR-T Cell Therapy
Seeking Alpha· 2025-03-04 15:21
Core Insights - Autolus Therapeutics (NASDAQ: AUTL) is a biotech company that has shown significant potential, with previous optimism regarding its clinical development not being fully recognized by the market [1] Group 1: Company Overview - Autolus Therapeutics is involved in the biotech sector, focusing on clinical trials and development of therapies [1] Group 2: Analyst Background - The analysis is conducted by an individual with a PhD in biochemistry and extensive experience in analyzing clinical trials and biotech companies, emphasizing the importance of understanding the science behind investments [1]
Wolf Haldenstein Adler Freeman & Herz LLP announces that it is investigating Avis Budget Group, Inc. for potential violations of securities laws
Newsfilter· 2025-03-04 02:21
Core Viewpoint - Wolf Haldenstein Adler Freeman & Herz LLP is investigating potential securities fraud claims against Avis Budget Group, Inc. (ABG) and its officers/directors [1] Company Overview - Avis Budget Group, Inc. is a leading global provider of mobility solutions, operating recognized brands such as Avis, Budget, and Zipcar, offering services from car and truck rentals to car sharing [2] Financial Performance - For Q4 2024, ABG reported a loss of $55.66 per share, a significant decline from a profit of $7.10 per share in Q4 2023, attributed to a strategic shift in fleet rotations and a one-time impairment charge [3] - The CEO of ABG will transition to a "Board Advisor" role effective June 30, 2025 [3] Market Reaction - Following the announcement of the financial results, ABG shares fell by 6.82% [4] Management Communication - In the previous quarter's earnings call, management indicated that the fleet buy for 2025 was nearing completion without mentioning potential impairments or write-downs, asserting that they were optimizing the fleet to meet demand [5]