Value Investing Philosophy And Avis Budget Group Inc (NASDAQ: CAR)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

CAR belongs to the Industrials sector of the NASDAQ while operating in the Rental & Leasing Services industry. The current market capitalization of Avis Budget Group Inc is $3.17B. A total of 1.17 million shares were traded on the day, compared to an average of 663.22K shares.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. CAR’s most recent ex-dividend date was when it declared a $10.00 quarterly dividend that was paid in cash on 12/15/2023.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, CAR has a high of $176.79 and a low of $65.73.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. CAR’s latest balance sheet shows that the firm has $534.00M in Cash & Short Term Investments as of fiscal 2021. There were $17.80B in debt and $2.41B in liabilities at the time. Its Book Value Per Share was -$6.80, while its Total Shareholder’s Equity was -$209.00M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CAR is Buy with a score of 4.00.

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