Zacks Research Brokers Raise Earnings Estimates for CAR

Avis Budget Group, Inc. (NASDAQ:CARFree Report) – Investment analysts at Zacks Research raised their Q3 2025 earnings per share (EPS) estimates for shares of Avis Budget Group in a report issued on Wednesday, April 16th. Zacks Research analyst S. Dey now expects that the business services provider will post earnings of $10.44 per share for the quarter, up from their prior forecast of $9.98. The consensus estimate for Avis Budget Group’s current full-year earnings is $8.91 per share. Zacks Research also issued estimates for Avis Budget Group’s Q4 2025 earnings at $0.96 EPS, Q2 2026 earnings at $3.48 EPS, Q3 2026 earnings at $5.21 EPS, Q4 2026 earnings at $0.88 EPS, FY2026 earnings at $9.86 EPS, Q1 2027 earnings at $0.79 EPS and FY2027 earnings at $7.04 EPS.

Avis Budget Group Stock Up 16.4 %

Shares of NASDAQ CAR opened at $84.59 on Friday. The firm has a market cap of $2.98 billion, a PE ratio of -1.63 and a beta of 2.05. The company’s fifty day simple moving average is $73.87 and its 200 day simple moving average is $84.63. Avis Budget Group has a 12-month low of $54.03 and a 12-month high of $132.25.

Avis Budget Group (NASDAQ:CARGet Free Report) last issued its quarterly earnings results on Tuesday, February 11th. The business services provider reported ($0.23) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.50) by $0.27. Avis Budget Group had a negative return on equity of 14.74% and a negative net margin of 15.45%.

Insider Activity

In other news, Director Lynn Krominga sold 1,405 shares of the company’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $95.00, for a total transaction of $133,475.00. Following the transaction, the director now directly owns 1,950 shares of the company’s stock, valued at $185,250. This represents a 41.88 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 52.80% of the company’s stock.

Institutional Trading of Avis Budget Group

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Aster Capital Management DIFC Ltd acquired a new position in shares of Avis Budget Group during the fourth quarter valued at about $25,000. GAMMA Investing LLC lifted its position in Avis Budget Group by 118.8% in the 4th quarter. GAMMA Investing LLC now owns 337 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 183 shares in the last quarter. UMB Bank n.a. boosted its stake in Avis Budget Group by 106.9% during the 1st quarter. UMB Bank n.a. now owns 478 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 247 shares during the last quarter. Quadrant Capital Group LLC increased its holdings in Avis Budget Group by 41.0% during the 4th quarter. Quadrant Capital Group LLC now owns 681 shares of the business services provider’s stock worth $55,000 after purchasing an additional 198 shares in the last quarter. Finally, Sterling Capital Management LLC increased its holdings in Avis Budget Group by 41.3% during the 4th quarter. Sterling Capital Management LLC now owns 736 shares of the business services provider’s stock worth $59,000 after purchasing an additional 215 shares in the last quarter. Institutional investors own 96.35% of the company’s stock.

Avis Budget Group Company Profile

(Get Free Report)

Avis Budget Group, Inc engages in the provision of vehicle sharing and rental services. It operates through the following segments: Americas, International, and Corporate and Other. The Americas segment includes the vehicle rental and car sharing operations in North America, South America, Central America, and the Caribbean.

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Earnings History and Estimates for Avis Budget Group (NASDAQ:CAR)

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