Zacks Research Expects Weaker Earnings for Avis Budget Group

Avis Budget Group, Inc. (NASDAQ:CAR) – Analysts at Zacks Research decreased their Q1 2025 EPS estimates for Avis Budget Group in a research note issued to investors on Tuesday, March 4th. Zacks Research analyst S. Dey now anticipates that the business services provider will earn ($5.33) per share for the quarter, down from their previous forecast of ($4.23). The consensus estimate for Avis Budget Group’s current full-year earnings is $8.91 per share. Zacks Research also issued estimates for Avis Budget Group’s Q2 2025 earnings at $2.11 EPS, Q3 2025 earnings at $9.98 EPS, Q4 2025 earnings at $1.08 EPS, FY2025 earnings at $7.84 EPS and Q1 2026 earnings at $0.23 EPS.

Avis Budget Group (NASDAQ:CAR) last released its quarterly earnings data on Tuesday, February 11th. The business services provider reported ($0.23) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.50) by $0.27. Avis Budget Group had a negative net margin of 15.45% and a negative return on equity of 14.74%.

A number of other equities research analysts have also weighed in on CAR. The Goldman Sachs Group raised their price target on shares of Avis Budget Group from $85.00 to $95.00 and gave the company a “neutral” rating in a report on Tuesday, December 10th. Northcoast Research lowered shares of Avis Budget Group from a “buy” rating to a “neutral” rating in a report on Monday, November 18th. Five analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $133.75.

Avis Budget Group Stock Down 3.7 %

Avis Budget Group stock opened at $73.80 on Thursday. Avis Budget Group has a 52-week low of $65.73 and a 52-week high of $132.25. The firm has a fifty day moving average of $86.34 and a 200-day moving average of $87.69. The firm has a market capitalization of $2.59 billion, a P/E ratio of -1.42 and a beta of 2.26.

Insider Buying and Selling at Avis Budget Group

In other news, Director Lynn Krominga sold 1,405 shares of the firm’s stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $95.00, for a total value of $133,475.00. Following the transaction, the director now directly owns 1,950 shares in the company, valued at approximately $185,250. This trade represents a 41.88 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 52.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of CAR. Aster Capital Management DIFC Ltd bought a new position in shares of Avis Budget Group in the 4th quarter worth about $25,000. GAMMA Investing LLC lifted its position in shares of Avis Budget Group by 118.8% in the 4th quarter. GAMMA Investing LLC now owns 337 shares of the business services provider’s stock worth $27,000 after buying an additional 183 shares during the last quarter. Nisa Investment Advisors LLC lifted its position in shares of Avis Budget Group by 293.3% in the 3rd quarter. Nisa Investment Advisors LLC now owns 409 shares of the business services provider’s stock worth $36,000 after buying an additional 305 shares during the last quarter. Quadrant Capital Group LLC lifted its position in shares of Avis Budget Group by 41.0% in the 4th quarter. Quadrant Capital Group LLC now owns 681 shares of the business services provider’s stock worth $55,000 after buying an additional 198 shares during the last quarter. Finally, Sterling Capital Management LLC lifted its position in shares of Avis Budget Group by 41.3% in the 4th quarter. Sterling Capital Management LLC now owns 736 shares of the business services provider’s stock worth $59,000 after buying an additional 215 shares during the last quarter. 96.35% of the stock is currently owned by institutional investors.

About Avis Budget Group

Avis Budget Group, Inc engages in the provision of vehicle sharing and rental services. It operates through the following segments: Americas, International, and Corporate and Other. The Americas segment includes the vehicle rental and car sharing operations in North America, South America, Central America, and the Caribbean.