Economy

Analysts See $0.47 EPS for Avis Budget Group Inc. (CAR)

Avis Budget Group Inc., launched on August 1, 1974, is a provider of vehicle rental and auto sharing services. (NASDAQ:CAR) price is pointing towards neither exit nor entry barriers, according to a technical analysis tool called the Relative Strength Index (RSI). Last session Avis Budget Group, Inc.

Hedge funds and other institutional investors have recently made changes to their positions in the company. So is with Avis Budget Group, Inc. Finally, MKM Partners reaffirmed a "buy" rating and set a $40.00 price objective on shares of Avis Budget Group in a research report on Wednesday, June 28th. DUPONT CAPITAL MANAGEMENT Corp now owns 108,100 shares of the business services provider's stock worth $3,198,000 after buying an additional 19,396 shares during the last quarter.

10/01/2014 - Avis Budget Group, Inc. was downgraded to "hold" by analysts at TheStreet. About 1.85M shares traded. Chatterjee said Hertz should benefit from "improving execution and correction of recent missteps", but sees revenue growth lagging that of rival Avis. The stock declined 3.10% or $0.72 reaching $22.48 on the news.

Shares of Avis Budget Group, Inc. About 122,346 shares traded. The company had a trading volume of 3,741,059 shares. The stock's 50 day moving average price is $28.18 and its 200 day moving average price is $29.89. Avis Budget Group Inc. The stock has a market capitalization of $2.61 billion, a P/E ratio of 26.18 and a beta of 2.49. (NASDAQ:CAR) rating on Tuesday, September 27. (MIK) failed to surprise the stock market in its last reported earnings when it earned $0.38 a piece versus the consensus-estimated $0.39. (NASDAQ:CAR). Next Financial Gru Inc has invested 0% in Avis Budget Group Inc. The business had revenue of $1.84 billion for the quarter, compared to analysts' expectations of $1.88 billion. During the same period in the prior year, the business posted ($0.28) earnings per share. The firm's revenue was down 2.2% compared to the same quarter past year. Analyst Samik Chatterjee started coverage of Avis Budget Group Inc. with an overweight rating and stock price target of $39, which is 21% above current levels. Spot Trading Limited Liability Corporation has invested 0.01% in Avis Budget Group Inc. "(CAR) Shares Bought by Credit Suisse AG" was reported by BNB Daily and is owned by of BNB Daily. State Of Wisconsin Investment Board has invested 0.01% in Avis Budget Group Inc.

Several other research firms have also weighed in on auto. ValuEngine upgraded shares of Avis Budget Group from a "hold" rating to a "buy" rating in a research note on Thursday, July 6th. (NASDAQ:CAR) on Thursday, February 25 with "Buy" rating. The firm has "Buy" rating given on Thursday, August 4 by Deutsche Bank.

The Michaels Companies, Inc. has a consensus outperform rating from 14 Wall Street analysts, and the number of shares now sold short amount to at least 8.04% of shares outstanding. The rating was maintained by Barclays Capital on Wednesday, August 10 with "Equal-Weight". Great West Life Assurance Company sold 10,893 shares as the company's stock declined 33.71% while stock markets rallied. The stock was sold at an average price of $27.20, for a total transaction of $26,982.40. Following the transaction, the director now owns 992 shares in the company, valued at approximately $26,982.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Atria Invs Limited Liability Company has 2,303 shares for 0.02% of their portfolio.

Shares of struggling auto rental companies rallied Friday, after J.P. Morgan initiated coverage of the industry, saying some of the headwinds have been "over-appreciated" by investors. The Company also owns Payless, which a auto rental brand; Apex, which is a auto rental brand in New Zealand and Australia; Maggiore, a vehicle rental brand in Italy, and France Cars, which operates light commercial vehicle fleets in France. (NASDAQ:CAR) were released by: Globenewswire.com and their article: "Avis Budget Group to Present at JP Morgan Auto Conference on August 9" published on August 01, 2017 as well as Nasdaq.com's news article titled: "Avis Budget Group Celebrates Unlimited Rewards® Milestone" with publication date: July 06, 2017. It also owns Payless, which a auto rental brand; Apex, which is a auto rental brand in New Zealand and Australia; Maggiore, a vehicle rental brand in Italy, and France Cars, which operates light commercial vehicle fleets in France.



Like this

loading...
loading...

Latest


05 August 2017
Mondelez International, Inc. (NASDAQ:MDLZ) Position Maintained by AR Asset Management Inc
On average, equities analysts forecast that Mondelez International will post $2.11 earnings per share for the current fiscal year. The institutional investor owned 10,672 shares of the company's stock after buying an additional 70 shares during the period.

05 August 2017
Great Plains Energy (NYSE:GXP) Receives Daily News Impact Score of 0.28
Ltd. raised its position in Great Plains Energy by 17.9% in the first quarter. 52 funds opened positions while 129 raised stakes. The Firm provides information management services through voice and data communication networks and solutions across the world.

05 August 2017
Super trippy, newly discovered art by Kurt Cobain to show in Seattle
One of the pieces being shown wound up as the album art for Nirvana's 1992 b-sides collection Incesticide . Courtney Love, Cobain's widow, seems determined to keep her late husband's memory alive.

05 August 2017
Casey Affleck responds to wife's Divorce filing
Ben and Jen, who share three children together, announced their marriage split in June, 2015 after 10 years as husband and wife. However, Affleck's has one key difference-he doesn't want to pay Phoenix the spousal support she wanted.

05 August 2017
Coldstream Capital Management Inc. Invests $314000 in Emerson Electric Company (EMR)
Legal And General Grp Inc Inc Public Ltd Co owns 2.41 million shares or 0.24% of their United States portfolio. The Valley National Advisers Inc holds 76,320 shares with $4.26 million value, up from 60,777 last quarter.

05 August 2017
Brokerages Set Sun Life Financial Inc (SLF) Target Price at $53.00
Ladenburg Thalmann Financial Services Inc. raised its stake in shares of Sun Life Financial by 103.1% in the fourth quarter. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock.

05 August 2017
Farmers & Merchants Investments Inc. Raises Position in ConAgra Foods Inc. (NYSE:CAG)
Mercer Cap Advisers Inc stated it has 500 shares. 222,857 shares valued at $24.08M were sold by Lowrey Charles F on Monday, May 8. Following the sale, the director now directly owns 89,260 shares of the company's stock, valued at approximately $2,965,217.20.

05 August 2017
Perryville Stuff the Bus Event for School Supplies on Saturday
Fuller, a student going into the fourth grade, wants to be a teacher someday. "A masterpiece if you will", says Caleb. Meyer said. "It's a good way for everyone to be connected to a program they might not be connected with otherwise".

05 August 2017
Notable Runner: Synchrony Financial (SYF)
The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink . Wells Fargo & Company initiated coverage on shares of Synchrony Financial in a research note on Wednesday, March 29th.

05 August 2017
Astronomers Unveil Most Accurate Map Of Dark Matter In The Universe
The new results come from data from the first year of observations of the Dark Energy Survey in 2013 and will be released online . DES is now in its fourth year and will begin its fifth and final year of observation this August.