Avis Budget Group (NASDAQ:CAR) Is Looking To Continue Growing Its Returns On Capital [Yahoo! Finance]
Avis Budget Group, Inc. (CAR)
Last avis budget group, inc. earnings: 2/19 04:00 pm
Check Earnings Report
US:NASDAQ Investor Relations:
ir.avisbudgetgroup.com
Company Research
Source: Yahoo! Finance
In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. So on that note, Avis Budget Group NASDAQ:CAR ) looks quite promising in regards to its trends of return on capital. Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. To calculate this metric for Avis Budget Group, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.068 = US$2.1b ÷ (US$34b - US$2.9b) (Based on the trailing twelve months to June 2024) Therefore, Avis Budget Group has an ROCE of 6.8%. On its own that's a low return on capital but it's in line with the industry's average re
Show less
Read more
Impact Snapshot
Event Time:
CAR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CAR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CAR alerts
High impacting Avis Budget Group, Inc. news events
Weekly update
A roundup of the hottest topics
CAR
News
- Avis Budget Group, Inc. (NASDAQ: CAR) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $85.00 to $95.00. They now have a "neutral" rating on the stock.MarketBeat
- Ride Sharing Market to grow by USD 180.02 Billion (2024-2028), driven by rising vehicle ownership costs, with AI redefining the market landscape - Technavio [Yahoo! Finance]Yahoo! Finance
- Wireless EV Charging Market to Reach USD 995.8 Million by 2031 | SkyQuest Technology [Yahoo! Finance]Yahoo! Finance
- On-Demand Transportation Strategic Industry Research Report 2024: Market to Surpass $1 Trillion by 2030, Driven by Growing Focus on Urban Mobility, Last-Mile Connectivity, and Micro-Mobility [Yahoo! Finance]Yahoo! Finance
- Ground Transportation Stocks Q3 Highlights: Avis Budget Group (NASDAQ:CAR) [Yahoo! Finance]Yahoo! Finance
CAR
Earnings
- 10/31/24 - Miss
CAR
Sec Filings
- 11/12/24 - Form SC
- 11/12/24 - Form SC
- 11/4/24 - Form SC
- CAR's page on the SEC website