Avis Budget Group, Inc. (CAR) News

Avis Budget Group, Inc. (CAR): $85.45

-2.61 (-2.96%)

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CAR News Highlights

  • For CAR, its 30 day story count is now at 32.
  • Over the past 25 days, the trend for CAR's stories per day has been choppy and unclear. It has oscillated between 1 and 16.
  • TOPS, ATVI and CVNA are the most mentioned tickers in articles about CAR.

Latest CAR News From Around the Web

Below are the latest news stories about Avis Budget Group Inc that investors may wish to consider to help them evaluate CAR as an investment opportunity.

The Non-Independent Executive Chairman of Avis Budget Group, Inc. (NASDAQ:CAR), Bernardo Hees, Just Bought 11% More Shares

Avis Budget Group, Inc. ( NASDAQ:CAR ) shareholders (or potential shareholders) will be happy to see that the...

Yahoo | May 16, 2021

Last Week's Notable Insider Buys: Activision, Avis Budget, Energy Transfer And More

Insider buying can be an encouraging signal for potential investors, especially when markets face uncertainty or are near all-time highs. A couple of chief executive officers and an executive board chair were among the insiders buying shares this past week. A master limited partnership, a real estate investment trust and a conglomerate were among companies that say notable insider buying. Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it. So insider buying can be an encouraging signal for potential investors, particularly when there is uncertainty in the markets or the markets are near all-time highs. Note that, though earnings reporting season is waning, some...

Yahoo | May 15, 2021

Top rental car locations this summer

Yahoo Finance’s Stephanie Asymkos breaks down the latest on car rental shortages.

Yahoo | May 14, 2021

Why used car prices jump by most on record in April

Yahoo Finance's Pras Subramanian breaks down the record-breaking jump in April used car prices.

Yahoo | May 12, 2021

Rising star equity analysts give their 18 favorite stock picks of the moment, and explain why they recommend buying each one

Summary List Placement Activision Blizzard Ticker: ATVI Goldman Sachs video game analyst Michael Ng's favorite stock right now is gaming company, Activision Blizzard. It's on Goldman's Americas Conviction list, which represents his department's best ideas. "We think that Activision's earnings power is underappreciated by the market and should benefit from a strong pipeline of new games, the expansion on to new platforms – whether that's on mobile or something else – and through new business models, whether that's free to play or subscription." Ng and his team first upgraded Activision Blizzard in May 2019. "It's been a great call and we continue to like it here," he said. Avis Budget Ticker: CAR The reasons Bank of America put a buy rating on Avis Budget in January are still valid, says...

Business Insider | May 11, 2021

Avis Budget (CAR) Reports Loss in Q1, Stock Declines 5.8%

Avis Budget (CAR) first-quarter 2021 revenues decline year over year.

Yahoo | May 7, 2021

Why Hertz Stock Could Become the Top Penny Stock of 2021

Hertz stock might defy bankruptcy as used car prices continue to rise.

Thomas Yeung on InvestorPlace | May 4, 2021

Avis Budget Group Inc (CAR) Q1 2021 Earnings Call Transcript

It is now my pleasure to introduce David Calabria, Treasurer and Senior Vice President of Corporate Finance. On the call with me are Joe Ferraro, our Chief Executive Officer, and Brian Choi, our Chief Financial Officer.

Yahoo | May 4, 2021

Avis Budget Is Anything but Cheap

Investors are pricing the rental-car company like a long-term luxury.

Yahoo | May 4, 2021

Low depreciation, higher rates give U.S. car rental firms rare perfect script

When Rob Ferretti of car rental firm Gothamdreamcars looked up the selling price for a 2018 Mercedes-Benz G-Class SUV, part of his luxury 25-vehicle fleet, he was elated it could fetch over $130,000 - nearly the same price paid three years ago. It is a very good time for car rental companies. A very rare combination of low depreciation costs on existing fleets, higher rates and a global shortage of semiconductors that has squeezed new car production, pushed trade-in prices for older vehicles to record highs in March.

Yahoo | May 4, 2021


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