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Realtime updates for Avis Budget Group Inc [CAR]

Exchange: NASDAQ Sector: Industrials Industry: Rental & Leasing Services
Upcoming Earnings Alert

5 days till quarter result
(amc 2024-05-01)

Expected move: +/- 5.38%

BUY
59.09%
return -21.22%
SELL
35.56%
return 23.12%
Last Updated26 Apr 2024 @ 12:05

0.60% $ 100.17

BUY 98 min ago

@ $100.46

Issued: 26 Apr 2024 @ 10:28


Return: -0.29%


Previous signal: Apr 25 - 13:47


Previous signal: Sell


Return: 3.79 %

Live Chart Being Loaded With Signals

Commentary (26 Apr 2024 @ 12:05):
Our systems believe the stock currently is overvalued by 0.19% compare to its pairs and should correct downwards.
Profile picture for Avis Budget Group Inc

Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers...

Stats
Today's Volume 276 084
Average Volume 924 198
Market Cap 3.55B
EPS $0 ( 2024-02-12 )
Next earnings date ( $-2.83 ) 2024-05-01
Last Dividend $10.00 ( 2023-12-14 )
Next Dividend $0 ( N/A )
P/E 2.38
ATR14 $4.03 (4.02%)
Insider Trading
Date Person Action Amount type
2024-03-13 Degenova Cathleen Buy 818 Performance Based Restricted Stock Units
2024-03-13 Degenova Cathleen Buy 818 Restricted Stock Units
2024-03-13 Sera Jean M Buy 2 246 Restricted Stock Units
2024-03-13 Sera Jean M Buy 2 246 Performance Based Restricted Stock Units
2024-03-13 Linnen Edward P Buy 2 874 Restricted Stock Units
INSIDER POWER
-49.15
Last 100 transactions
Buy: 381 120 | Sell: 1 344 277
Correlation (AI algo v.1.1b): Overvalued: -0.19% $99.97 paired level. (The Algo Track The Changes Of The Most Correlated Stocks In Realtime And Give An Instant Update)

Volume Correlation

Long: -0.74 (moderate negative)
Short: 0.83 (strong)
Signal:(58) Same movement expected

Avis Budget Group Inc Correlation

10 Most Positive Correlations
SVAC0.965
PAIC0.948
TLGT0.922
RMRM0.913
BPYPM0.905
GETVV0.903
TREE0.903
ICHR0.901
MTCH0.896
NEWT0.896
10 Most Negative Correlations
NETE-0.967
AMRB-0.939
MMAC-0.925
SRAC-0.885
RAVN-0.88
BLPH-0.86
LWAC-0.847
DWSH-0.839
BOCH-0.837

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Avis Budget Group Inc Correlation - Currency/Commodity

The country flag -0.58
( weak negative )
The country flag -0.54
( weak negative )
The country flag 0.00
( neutral )
The country flag -0.55
( weak negative )
The country flag -0.07
( neutral )
The country flag 0.21
( neutral )

Avis Budget Group Inc Financials

Annual 2023
Revenue: $12.01B
Gross Profit: $3.93B (32.70 %)
EPS: $42.61
FY 2023
Revenue: $12.01B
Gross Profit: $3.93B (32.70 %)
EPS: $42.61
FY 2022
Revenue: $11.99B
Gross Profit: $10.76B (89.74 %)
EPS: $58.44
FY 2021
Revenue: $9.31B
Gross Profit: $7.76B (83.27 %)
EPS: $19.79

Financial Reports:

Avis Budget Group Inc Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
$0
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)
$10.00
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)

Avis Budget Group Inc Dividend Information - Dividend Junior

Dividend Sustainability Score: 4.03 - low (33.85%) | Divividend Growth Potential Score: 1.014 - No dividend expected

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information
First Dividend $1.054 1989-06-07
Last Dividend $10.00 2023-12-14
Next Dividend $0 N/A
Payout Date 2023-12-21
Next Payout Date N/A
# dividends 12 --
Total Paid Out $14.10 --
Avg. Dividend % Per Year 1.62% --
Score 1.72 --
Div. Sustainability Score 4.03
Div.Growth Potential Score 1.014
Div. Directional Score 2.52 --
Next Divdend (Est)
(2026-07-21)
$13.01 Estimate 2.68 %
Dividend Stability
0.21 Very Poor
Dividend Score
1.72
Pay Frequency
Sporadic
Yearly Payout
Year Amount Yield
1989 $1.054 28.60%
1990 $0 0.00%
1991 $0 0.00%
1992 $0 0.00%
1993 $0 0.00%
1994 $0 0.00%
1995 $0 0.00%
1996 $0 0.00%
1997 $0 0.00%
1998 $0 0.00%
1999 $0 0.00%
2000 $0 0.00%
2001 $0 0.00%
2002 $0 0.00%
2003 $0 0.00%
2004 $0.512 1.46%
2005 $2.36 6.36%
2006 $0.176 0.64%
2007 $0 0.00%
2008 $0 0.00%
2009 $0 0.00%
2010 $0 0.00%
2011 $0 0.00%
2012 $0 0.00%
2013 $0 0.00%
2014 $0 0.00%
2015 $0 0.00%
2016 $0 0.00%
2017 $0 0.00%
2018 $0 0.00%
2019 $0 0.00%
2020 $0 0.00%
2021 $0 0.00%
2022 $0 0.00%
2023 $10.00 6.07%
2024 $0 0.00%

Dividend Commentary

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Top 10 dividend Companies for NASDAQ

Symbol Title Last dividend Frequency Years Dividend Yearly Dividend Score
OXLC Dividend Royal 2023-12-14 Monthly 14 10.00% 8.50
PSEC Dividend Royal 2023-12-26 Monthly 21 7.04% 8.50
SLVO Dividend Royal 2023-11-20 Monthly 12 10.77% 8.50
QYLD Dividend Royal 2023-11-20 Monthly 11 7.50% 8.50
OXSQ Dividend Diamond 2023-12-14 Monthly 21 9.10% 8.50
GAIN Dividend Royal 2023-12-04 Monthly 20 8.19% 8.50
GLDI Dividend Royal 2023-11-20 Monthly 12 7.15% 8.50
HRZN Dividend King 2023-12-18 Monthly 15 6.60% 8.45
USOI Dividend Royal 2023-11-20 Monthly 8 16.70% 8.28
PFLT Dividend King 2023-11-15 Monthly 14 6.50% 8.27

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM0.1361.5007.2810.00[0 - 0.5]
returnOnAssetsTTM0.04881.2008.3710.00[0 - 0.3]
returnOnEquityTTM-6.841.500-10.00-10.00[0.1 - 1]
payoutRatioTTM0-1.00000[0 - 1]
currentRatioTTM0.8040.800-0.978-0.782[1 - 3]
quickRatioTTM0.6210.800-1.053-0.843[0.8 - 2.5]
cashRatioTTM0.2101.5009.9410.00[0.2 - 2]
debtRatioTTM0.162-1.5007.31-10.00[0 - 0.6]
interestCoverageTTM7.221.0008.448.44[3 - 30]
operatingCashFlowPerShareTTM106.332.0010.0010.00[0 - 30]
freeCashFlowPerShareTTM-212.582.00-10.00-10.00[0 - 20]
debtEquityRatioTTM-15.47-1.500-10.0010.00[0 - 2.5]
grossProfitMarginTTM0.6271.0002.882.88[0.2 - 0.8]
operatingProfitMarginTTM0.3161.0005.685.68[0.1 - 0.6]
cashFlowToDebtRatioTTM0.7091.0007.177.17[0.2 - 2]
assetTurnoverTTM0.3590.800-0.938-0.750[0.5 - 2]
Total Score4.03

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM2.201.0009.880[1 - 100]
returnOnEquityTTM-6.842.50-10.00-10.00[0.1 - 1.5]
freeCashFlowPerShareTTM-212.582.00-10.00-10.00[0 - 30]
dividendYielPercentageTTM10.041.50010.000[0 - 0.4]
operatingCashFlowPerShareTTM106.332.0010.0010.00[0 - 30]
payoutRatioTTM01.50000[0 - 1]
pegRatioTTM0.07281.500-2.850[0.5 - 2]
operatingCashFlowSalesRatioTTM0.3191.0004.530[0.1 - 0.5]
Total Score1.014

Avis Budget Group Inc

Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers. It operates the Avis brand, that offers vehicle rental and other mobility solutions to the premium commercial and leisure segments of the travel industry; the Budget Truck brand, a local, and one-way truck and cargo van rental businesses with a fleet of approximately 20,000 vehicles, which are rented through a network of approximately 465 dealer-operated and 385 company-operated locations that serve the consumer and light commercial sectors in the continental United States; and the Zipcar brand, a car sharing network. The company also operates various other car rental brands, such as Budget, Payless, Apex, Maggiore, MoriniRent, FranceCars, Amicoblue, Turiscar, and ACL Hire. In addition, it offers optional insurance products and coverages, such as supplemental liability, personal accident, personal effects protection, emergency sickness protection, and automobile towing protection and cargo insurance products; fuel service options, roadside assistance services, electronic toll collection services, curbside delivery, tablet rentals, access to satellite radio, portable navigation units, and child safety seat rentals; automobile towing equipment and other moving accessories, such as hand trucks, furniture pads, and moving supplies; and Business Intelligence solution, an online portal for corporate travel. Avis Budget Group, Inc. operates in approximately 10,400 locations worldwide. The company was formerly known as Cendant Corporation and changed its name to Avis Budget Group, Inc. in September 2006. Avis Budget Group, Inc. was founded in 1946 and is headquartered in Parsippany, New Jersey.

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