CAR Avis Budget Dashboard

Avis Budget Group, Inc. is a leading global provider of mobility solutions, both through its Avis and Budget brands, which have more than 10,000 rental locations in approximately 180 countries around the world, and through its Zipcar brand, which is the world's leading car sharing network with more than one million members. Avis Budget Group operates most of its car rental offices in North America, Europe and Australasia directly, and operates primarily through licensees in other parts of the world. Avis Budget Group is headquartered in Parsippany, N.J.

Company profile

Ticker

CAR

Exchange

NASDAQ

Website

www.avisbudgetgroup.com

CEO

Joseph Ferraro

Incorporated

Delaware

Location

New Jersey

Fiscal year end

Dec 31

Sector

Real Estate and Rental and Leasing > Passenger Car Rental

Industry (SIC)

Services - Auto Rental & Leasing (No Drivers)

Hertz Global • Hertz • Ryder System • Amerco • SP Plus • HyreCar • Earn-A-Car • eHi Car Services ...

Former names

CENDANT CORP, CUC INTERNATIONAL INC /DE/

SEC CIK

0000723612

Corporate docs

Articles of Incorporation & Bylaws

IRS number

60918165

CAR stock data

S&P 500

1M 1Y 2Y 5Y

News

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Barron's Most Recent Picks And Pans: Airbnb, Duke Energy, Evoqua, Netflix And More

25 Jul 21

The cover story in this weekend's Barron's suggests how to play travel stocks as the recovery falters. Other featured articles discuss banking stocks with steady dividends, stocks that will benefit from share buybacks and why the boom in energy stocks may be over.

Stalling Signs? Taking a Look Under the Hood of US Equities

23 Jul 21

Equities traded quietly higher in Thursday's NY session. Simultaneously, bonds were bid rather firmly, sending interest rates even lower. What is going on beneath the surface? Greetings. I hope this article finds you and yours well. Today, we are taking a look at some additional market indicators and internals to get an unbiased perspective on things.

Barclays Maintains Equal-Weight on Avis Budget Gr, Lowers Price Target to $70

21 Jul 21

Barclays analyst Brian Johnson maintains Avis Budget Gr (NASDAQ:CAR) with a Equal-Weight and lowers the price target from $83 to $70.

Analyzing Avis Budget Gr's Unusual Options Activity

14 Jul 21

Unusual Options Activity Insight: Avis Budget Gr

1 Jul 21

Press releases

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Avis Budget Group to Announce Second Quarter 2021 Results on August 3rd

6 Jul 21

Conference Call to Discuss Results Scheduled for August 4th, 2021 PARSIPPANY, N.J., July 06, 2021 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) announced today that it plans to report its second quarter

Avis Budget Group, Inc. to Host Earnings Call

4 May 21

NEW YORK, NY / ACCESSWIRE / May 4, 2021 / Avis Budget Group, Inc. (NASDAQ:CAR) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on May 4, 2021 at 8:30 AM Eastern Time.To

Avis Budget Group Capitalizes on Continued Economic Recovery

3 May 21

PARSIPPANY, N.J., May 03, 2021 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) today announced first quarter 2021 financial results. Despite revenue being down 22% for the first quarter compared to

Calendar

4 May 21

30 Jul 21

31 Dec 21

Financial summary

Financial statements Chart CAR financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Avis Budget earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	639M	639M	639M	639M	639M	639M
Cash burn (monthly)	42M	6.83M	83.33M	78.42M	(positive/no burn)	(positive/no burn)
Cash used (since last report)	167.92M	27.32M	333.18M	313.52M	n/a	n/a
Cash remaining	471.08M	611.68M	305.82M	325.48M	n/a	n/a
Runway (months of cash)	11.2	89.5	3.7	4.2	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

CAR insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
2 Jul 21	Joseph A. Ferraro	Common Stock	Payment of exercise	Dispose F	No	No	78.94	1,837	145.01K	130,905
2 Jul 21	Joseph A. Ferraro	Common Stock	Option exercise	Aquire M	No	No	0	3,751	0	132,742
2 Jul 21	Joseph A. Ferraro	RSU Common Stock	Option exercise	Dispose M	No	No	0	3,751	0	0
2 Jul 21	Izilda P Martins	Common Stock	Payment of exercise	Dispose F	No	No	78.94	283	22.34K	13,621
2 Jul 21	Izilda P Martins	Common Stock	Option exercise	Aquire M	No	No	0	900	0	13,904
2 Jul 21	Izilda P Martins	RSU Common Stock	Option exercise	Dispose M	No	No	0	900	0	0
30 Jun 21	Bernardo Hees	Common Stock	Payment of exercise	Dispose F	No	No	77.89	33,731	2.63M	540,031
30 Jun 21	Bernardo Hees	Common Stock	Option exercise	Aquire M	No	No	0	80,093	0	573,762
30 Jun 21	Bernardo Hees	RSU Common Stock	Option exercise	Dispose M	No	No	0	65,531	0	0
30 Jun 21	Bernardo Hees	RSU Common Stock	Option exercise	Dispose M	No	No	0	14,562	0	29,125

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

CAR institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

95.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	241	247	-2.4%
Opened positions	48	52	-7.7%
Closed positions	54	41	+31.7%
Increased positions	53	52	+1.9%
Reduced positions	92	95	-3.2%

13F shares	Current	Prev Q	Change
Total value	4.84B	2.61B	+85.3%
Total shares	66.77M	70.09M	-4.7%
Total puts	2.92M	6.86M	-57.4%
Total calls	2.17M	5.1M	-57.3%
Total put/call ratio	1.3	1.3	-0.1%

Largest owners	Shares	Value	Change
SRS Investment Management	18.43M	$1.34B	0.0%
BLK Blackrock	7.03M	$510.07M	+7.2%
FMR	5.66M	$410.23M	+9750212.1%
Vanguard	4.76M	$345.29M	+2.3%
NMR Nomura	2.43M	$176.58M	-52.8%
STT State Street	2.26M	$164.04M	-0.4%
BMO Bank of Montreal	1.95M	$144.77M	+11325.0%
Canada Pension Plan Investment Board	1.94M	$140.84M	+335.1%
Dimensional Fund Advisors	1.26M	$91.34M	-6.8%
MS Morgan Stanley	1.12M	$81.24M	+136.4%

Largest transactions	Shares	Bought/sold	Change
FMR	5.66M	+5.66M	+9750212.1%
NMR Nomura	2.43M	-2.72M	-52.8%
JEF Jefferies	54.2K	-2.7M	-98.0%
BMO Bank of Montreal	1.95M	+1.93M	+11325.0%
Melvin Capital Management	0	-1.6M	EXIT
Canada Pension Plan Investment Board	1.94M	+1.5M	+335.1%
PZN Pzena Investment Management	385.62K	-1.42M	-78.7%
Glenview Capital Management	501.6K	-1.22M	-70.9%
UBS UBS Group AG - Registered Shares	1.11M	-858.44K	-43.5%
C Citigroup	756.77K	-818.59K	-52.0%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Hertz • Alamo • Lyft Inc Cls A

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

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From filing 10-Q 2021 Q1