MARKET

CAR

CAR

Avis Budget
NASDAQ
99.84
+0.27
+0.27%
Opening 11:49 04/26 EDT
OPEN
98.41
PREV CLOSE
99.57
HIGH
102.41
LOW
98.38
VOLUME
260.14K
TURNOVER
0
52 WEEK HIGH
232.73
52 WEEK LOW
93.53
MARKET CAP
3.56B
P/E (TTM)
2.374
1D
5D
1M
3M
1Y
5Y
BUZZ-Hertz extends slump as BofA joins bear camp, analysts slash PTs
Hertz's shares down 2.4% to record low of $4.57 on Fri. BofA Global Research downgrades Hertz to "underperform" from "" in wake of rental car firm's bleak report. Rental car firm posted wider-than-expected Q1 loss and announced plans to sell more electric vehicles. Jefferies and JP Morgan cut their PTs for Hertz's stock.
Reuters · 4h ago
TFI International Inc. (TFII) Lags Q1 Earnings and Revenue Estimates
NASDAQ · 22h ago
Noteworthy Thursday Option Activity: CHTR, ENVX, CAR
NASDAQ · 1d ago
Hertz slides 20% as depreciating Teslas dent the bottom line
Shares of Hertz Global Holdings (HTZ) fell 20.15% in afternoon trading on Wednesday. The company's Q1 earnings report fell short of profit estimates. Revenue was up 1.5% year-over-year to $2.08B, but EPS came in at -$1.28. Hertz reported a $588M increase in vehicle depreciation compared to a year ago.
Seeking Alpha · 1d ago
Relative Strength Alert For Avis Budget Group
NASDAQ · 1d ago
Hertz Global eyes worst day on record as EV rental business falters
Hertz Global eyes worst day on record as EV rental business falters. Shares of Hertz Global slumped 24% and were on track for their sharpest one-day percentage fall on record. The company reported wider-than-expected quarterly loss. Peer Avis Budget Group shares dropped 7%.
Reuters · 1d ago
CORRECTED-Hertz Global eyes worst day on record as EV rental business falters
Shares of Hertz Global slump 24% after company reports wider-than-expected quarterly loss. Shares on track for their sharpest one-day percentage fall on record as EV rental business falters. The company is slimming down the business due to weak demand. Hertz plans to sell 10,000 more electric vehicles this year. Peer Avis Budget Group shares dropped 7%.
Reuters · 1d ago
Hertz to sell 10,000 more EVs than planned and swings to a large loss
MarketWatch · 1d ago
More
About CAR
Avis Budget Group, Inc. is a provider of mobility solutions through its three brands, Avis, Budget and Zipcar, as well as several other brands. Its brands offer a range of options, from car and truck rental to car sharing. Its segments include Americas and International. The Americas segment consists primarily of vehicle rental operations in North America, South America, Central America and the Caribbean, and operates a car sharing business in these markets. The International segment consists of vehicle rental operations in Europe, the Middle East, Africa, Asia and Australasia, and operates a car sharing business in these markets. The Avis brand provides vehicle rental and other mobility solutions at price points generally above non-branded and value-branded vehicle rental companies and serves the premium commercial and leisure segments of the travel industry. Its other brands include Payless, Maggiore and Morini Rent, FranceCars, Apex, Turiscar and ACL Hire and McNicoll Hire.

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