Avis Budget Group, Inc. (NASDAQ:CAR) EPS Projections in Focus

Avis Budget Group, Inc. Posted losses of -5.37% in the Last Trade
Avis Budget Group, Inc. (CAR): Significant Movements
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27 May, 2017

Vehicle reported a change of -0.38% over the last week and performed -19.50% over the last month while its year to date (YTD) performance revealed an activity trend of -35.52%. Tyers Asset Management LLC now owns 90,400 shares of the business services provider's stock valued at $2,674,000 after buying an additional 48,432 shares during the last quarter. Profund Advisors LLC's holdings in Avis Budget Group were worth $366,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of auto. World Asset Management Inc boosted its position in Avis Budget Group by 8.9% in the first quarter. Finally, DUPONT CAPITAL MANAGEMENT Corp increased its position in shares of Avis Budget Group by 178.8% in the third quarter. Norges Bank bought a new stake in shares of Avis Budget Group during the fourth quarter valued at approximately $43,812,000. (CAR) may be overvalued, however, this can also depend upon the situation of the market; if the market is strong then it could suggest that Avis Budget Group, Inc.

Profund Advisors LLC reduced its position in shares of Avis Budget Group Inc. (NASDAQ:CAR) has declined -38.99% since January and is up 3.90% for the past week. Volume on the day was 1.89 million shares. (NasdaqGS:CAR) is 1.958991. Free cash flow (FCF) is the cash produced by the company minus capital expenditure. Avis Budget Group, Inc. has 3 buy ratings, 3 holds and 0 sells even after the stock tumbled -46.23% from its high of $41.53 to a $1.91 billion market value through last close.

The firm has a 50-day moving average of $27.36 and a 200-day moving average of $33.72.

Previously Avis Budget Group I (NASDAQ:CAR) reported $-0.94 earnings per share (EPS) for the quarter, missing the consensus estimate of $-0.52 by $-0.42.

Tahoe Resources Inc. (TAHO) surprised the stock market in its last reported earnings when it earned $0.24 a piece versus the consensus-estimated $0.09.

09/27/2016 - Avis Budget Group, Inc. had its " rating reiterated by analysts at Barclays. For the outlook of the current financial quarter, Analysts think the firm will post 0.64 earnings per share. Canada Pension Plan Investment Board now owns 945,300 shares of the business services provider's stock valued at $27,962,000 after buying an additional 687,100 shares during the last quarter.

Wall Street analysts have a current quarter EPS estimate of $0.01 on shares of Compass Minerals International, Inc. If you are viewing this article on another domain, it was illegally stolen and reposted in violation of worldwide copyright laws. The Shareholder Yield (Mebane Faber) of Avis Budget Group, Inc.

A number of research firms have recently commented on auto. The company traded as low as $23.80 and last traded at $23.80, with a volume of 2,248,326 shares trading hands. The company has a market cap of $24.27B and its 12 month revenue was nearly $7.49B. Finally, Zacks Investment Research raised shares of Avis Budget Group from a "sell" rating to a "hold" rating in a research note on Monday, February 20th.

Shares of Avis Budget Group CAR (NYSE:CAR) were cut to a "Buy" by research professionals at ValuEngine. Avis Budget Group now has a consensus rating of "Hold" and an average price target of $36.89.

In other Avis Budget Group news, Director John D. Jr. Hardy sold 992 shares of the business's stock in a transaction on Tuesday, May 9th. Following the completion of the sale, the director now directly owns 992 shares of the company's stock, valued at $26,982.40. New York State Teachers Retirement System now owns 19,400 shares of the business services provider's stock valued at $712,000 after buying an additional 9,300 shares during the period. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Moreover, Bbt Capital Management Llc has 2.9% invested in the company for 407,449 shares. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avis Budget Group, Inc. with MarketBeat.com's FREE daily email newsletter. The Company operates three brands, which include Avis, Budget and Zipcar. The Americas segment provides and licenses the Company's brands to third parties for vehicle rentals and ancillary products and services in North America, South America, Central America and the Caribbean, and operates its auto sharing business in certain of these markets. 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.


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