Avis Budget Group, Inc. (NASDAQ:CAR) Receives Consensus Rating of “Reduce” from Analysts

Shares of Avis Budget Group, Inc. (NASDAQ:CAR) have been assigned a consensus recommendation of “Reduce” from the nine analysts that are presently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and one has given a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $137.5714.

A number of equities analysts recently commented on the stock. Morgan Stanley reissued an “equal weight” rating and issued a $142.00 price objective (up previously from $115.00) on shares of Avis Budget Group in a research note on Monday, December 8th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Avis Budget Group in a research report on Wednesday, January 21st. Zacks Research upgraded Avis Budget Group from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 18th. Susquehanna cut their price target on Avis Budget Group from $145.00 to $130.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 29th. Finally, Barclays decreased their price target on Avis Budget Group from $150.00 to $120.00 and set an “equal weight” rating for the company in a report on Monday, November 3rd.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in CAR. Royal Bank of Canada grew its position in shares of Avis Budget Group by 414.0% in the first quarter. Royal Bank of Canada now owns 17,860 shares of the business services provider’s stock valued at $1,355,000 after purchasing an additional 14,385 shares during the period. Empowered Funds LLC increased its stake in Avis Budget Group by 10.1% during the 1st quarter. Empowered Funds LLC now owns 3,749 shares of the business services provider’s stock worth $285,000 after buying an additional 343 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Avis Budget Group by 16.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 65,023 shares of the business services provider’s stock valued at $4,935,000 after purchasing an additional 9,246 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Avis Budget Group during the second quarter worth $1,352,000. Finally, Ethic Inc. acquired a new stake in shares of Avis Budget Group in the second quarter valued at about $330,000. 96.35% of the stock is owned by institutional investors and hedge funds.

Avis Budget Group News Summary

Here are the key news stories impacting Avis Budget Group this week:

• Positive Sentiment: Analyst expectations for the full fiscal year remain positive (street consensus cited ~8.91 EPS), suggesting some investors expect recovery once fleet issues and demand normalize.
• Neutral Sentiment: Company press release and slide deck with quarter detail are available for review (useful for parsing one‑time items and guidance). View Press Release
• Neutral Sentiment: Pre‑announcement coverage and previews highlighted rental demand trends to watch ahead of the print. Earnings Preview
• Negative Sentiment: Q4 earnings shock: Avis reported ($21.25) EPS vs. consensus (~($0.12)) and revenue $2.66B vs. ~$2.75B estimate — the large EPS miss and revenue shortfall triggered sharp selling. Press Release / Slide Deck
• Negative Sentiment: EV fleet transition problems cited as a material cost driver and operational headache; headlines say the shift away from EVs and related fleet costs hurt results. Shift away from EVs continues to cost Avis Budget
• Negative Sentiment: Market reaction: multiple outlets report a sharp intraday drop (one says ~14%) after the print as investors priced in weaker near‑term demand and higher fleet costs. Shares tumble 14%

Avis Budget Group Price Performance

Shares of Avis Budget Group stock opened at $123.30 on Thursday. The stock has a market cap of $4.34 billion, a price-to-earnings ratio of -2.06 and a beta of 2.33. The firm’s 50-day moving average is $124.56 and its two-hundred day moving average is $140.24. Avis Budget Group has a 1 year low of $54.03 and a 1 year high of $212.81.

Avis Budget Group Company Profile

Avis Budget Group, Inc operates as a leading global provider of vehicle rental and mobility solutions. Through its two core brands, Avis® and Budget®, the company offers a broad range of rental options including daily, weekly and monthly car rentals for leisure and business travelers. In addition to traditional airport and off-airport car rental services, Avis Budget Group delivers innovative mobility platforms such as car-sharing programs and connected fleet solutions designed to meet the evolving needs of corporate, government and individual customers.

The company’s roots trace back to Avis Rent a Car, founded in 1946, and Budget Rent a Car, established in 1958.