(NASDAQ:CAR) has a target of $32.714 on a consensus basis.
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03/04/2015 – Avis Budget Group, Inc. had its “neutral” rating reiterated by analysts at Zacks. Also, we commend Avis’ focus on expanding its Budget brand, taking its multi-brand strategy to the next level. Evidently, fleet costs are expected to rise in 2016, thus causing a threat to EBITDA. The company’s revenue was up 3.2% compared to the same quarter past year. Hardy sold 1,108 shares of Avis Budget Group stock in a transaction that occurred on Monday, May 9th. The firm seeing the most upside to the stock has a target of 44, while the most conservative price target sees the stock reaching $20. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. The stock was bought at an average cost of $26.26 per share, with a total value of $49,894.00. The disclosure for this sale can be found here. The Parsippany, New Jersey-based firm stated it had profit of 38 cents per share.
Financial Times reported that The 21 analysts offering 12 month price targets for Rice Energy Inc have a median target of 25.00, with a high estimate of 33.00 and a low estimate of 19.00.
05/03/2016 – Avis Budget Group, Inc. had its “buy” rating reiterated by analysts at Deutsche Bank. Recently, investment analysts covering the stock have updated the mean rating to 1.8. They now have a Dollars 44 price target on the stock. 42 funds bought stakes while 73 increased positions.
Avis Budget Group has reported revenue of $2.2 billion for its second quarter 2016, a 3% increase.
Nickelodeon notched its 52nd straight week (7/25-31/16) as the number-one kids’ net (K2-11 2.2/633K, +5% over past year; K2-5 2.6/290K, +8%) in total day, while also finishing the month of July (6/27-7/31/16) at the top with a new generation of the highest-rated shows on television for Kids 2-11, Kids 6-11 and Kids 2-5.
Without ever trading a single share of stock, without buying an option and Without ever touching a mutual friend.
Shares of Avis Budget (CAR) are advancing in after-hours trading on Tuesday after the company provided better-than-anticipated guidance for the full year. The stock had a trading volume of 1,065,799 shares. It has a 14.52 P/E ratio. Year to Date, the current share price of the stock is below -4.22%. The company has a 50 day moving average price of $33.94 and a 200 day moving average price of $28.39.
Avis Budget Group (NASDAQ:CAR) last posted its earnings results on Tuesday, May 3rd.
The company said its profit fell to $60 million, or $0.63 per share. Revenue came in at 1.88B versus consensus estimate of 1.88B.
On August 3, 2015, it posted earnings per share at $0.84 compared with the consensus estimate of $0.68 (positive surprise of 23.5%).
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04/12/2016 – Avis Budget Group, Inc. had its “outperform” rating reiterated by analysts at Credit Suisse. Avis Budget Group, Inc. Avis is a rental auto supplier and Budget is a rental vehicle supplier. The Company also own Payless a vehicle rental brand and Apex which is a auto rental brand in New Zealand and Australia.
