Avis Budget Group, Inc. (CAR) Analysts See $-1.07 EPS

April 20, 2018 - By Marguerite Chambers

Avis Budget Group, Inc. (NASDAQ:CAR) LogoInvestors sentiment increased to 0.7 in 2017 Q4. Its up 0.12, from 0.58 in 2017Q3. It increased, 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.
Price T Rowe Associates Md has 0% invested in Avis Budget Group, Inc. (NASDAQ:CAR) for 34,300 shares. Sg Americas accumulated 13,646 shares. 12,177 are owned by Diligent Investors Lc. Dupont Cap Management has 70,259 shares for 0.07% of their portfolio. California Employees Retirement Sys accumulated 0.02% or 419,701 shares. Mutual Of America Cap Ltd Liability Corporation reported 59,897 shares or 0.04% of all its holdings. Ameritas Invest Partners owns 27,747 shares for 0.06% of their portfolio. San Francisco Sentry Inv Grp Incorporated (Ca) accumulated 500 shares. Jane Street Grp Inc Ltd Liability Corporation holds 0.01% or 49,331 shares. Moreover, Blackrock has 0.02% invested in Avis Budget Group, Inc. (NASDAQ:CAR). Advantus Capital Mngmt Inc owns 8,825 shares or 0.01% of their US portfolio. State Treasurer State Of Michigan holds 25,800 shares or 0.01% of its portfolio. Winfield Assocs Inc invested in 35 shares. Envestnet Asset Mngmt Inc invested in 0% or 1,499 shares. Weaver C Barksdale & Assoc Incorporated stated it has 1,097 shares.

Since October 30, 2017, it had 1 insider purchase, and 1 insider sale for $140.91 million activity. SRS Investment Management – LLC had bought 3.50M shares worth $141.96 million.

Analysts expect Avis Budget Group, Inc. (NASDAQ:CAR) to report $-1.07 EPS on May, 2.They anticipate $0.13 EPS change or 13.83 % from last quarter’s $-0.94 EPS. After having $0.45 EPS previously, Avis Budget Group, Inc.’s analysts see -337.78 % EPS growth. The stock decreased 3.25% or $1.58 during the last trading session, reaching $47. About 850,742 shares traded. Avis Budget Group, Inc. (NASDAQ:CAR) has risen 66.28% since April 20, 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 rating was maintained by Deutsche Bank with “Buy” on Friday, February 23. The stock has “Sell” rating by Goldman Sachs on Wednesday, February 14. The company was downgraded on Wednesday, April 11 by Northcoast. The firm has “Equal-Weight” rating by Barclays Capital given on Wednesday, November 1. The company was maintained on Wednesday, November 8 by Deutsche Bank.

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 $3.81 billion. The firm operates through two divisions, Americas and International. It has a 11.06 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

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