Avis (CAR)

• Market cap: $3.06B
• 1 day: -7.17%
• 5 days: -1.17%
• 1 month: -3.54%
• 3 months: -14.31%
• 6 months: -4.54%
• Year to date: 8.28%
• 1 year: -13.88%
• 5 years: 81.69%
• 10 years: 41.30%
• Sector: Consumer Discretionary
• Industry: Auto Rental & Leasing, without Drivers

About: Avis Budget Group Inc is a provider of automotive vehicle rental and car-sharing services. Its brands include Avis, Budget, and Zipcar. Avis is targeted to serve the premium commercial and leisure segments of the travel industry, while Budget is focused on value-conscious customers. The company operates its own network of rental locations and licenses its brands to franchisees. Zipcar is a car-sharing service that allows members to use the company-owned Zipcar fleet at an hourly rate. The company's largest region by revenue is the Americas.

Employees: 24,000

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

10% more repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 81

0.03% less ownership

Funds ownership: 101.37% [Q3] → 101.34% (-0.03%) [Q4]

5% less funds holding

Funds holding: 269 [Q3] → 255 (-14) [Q4]

8% less capital invested

Capital invested by funds: $3.12B [Q3] → $2.87B (-$252M) [Q4]

12% less first-time investments, than exits

New positions opened: 44 | Existing positions closed: 50

25% less funds holding in top 10

Funds holding in top 10: 4 [Q3] → 3 (-1) [Q4]

31% less call options, than puts

Call options by funds: $119M | Put options by funds: $172M

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $95 9% upside
• Avg. target: $95 9% upside
• High target: $95 9% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Goldman Sachs Lizzie Dove 56% 1-year accuracy 15 / 27 met price target

9% upside $95

Neutral Maintained

10 Dec 2024