Q3 EPS Forecast for Avis Budget Group Decreased by Analyst

Avis Budget Group, Inc. (NASDAQ:CAR) – Analysts at Zacks Research dropped their Q3 2025 EPS estimates for Avis Budget Group in a research report issued on Tuesday, August 19th. Zacks Research analyst Team now expects that the business services provider will post earnings of $8.99 per share for the quarter, down from their previous forecast of $10.01. 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 FY2025 earnings at ($4.40) EPS, Q1 2026 earnings at ($1.83) EPS, Q3 2026 earnings at $6.56 EPS, Q4 2026 earnings at $1.41 EPS, FY2026 earnings at $9.56 EPS, Q1 2027 earnings at $1.56 EPS, Q2 2027 earnings at $2.95 EPS and FY2027 earnings at $10.32 EPS.

A number of other research firms also recently commented on CAR. JPMorgan Chase & Co. reissued a “neutral” rating and set a $155.00 price objective on shares of Avis Budget Group in a report on Thursday, July 31st. The Goldman Sachs Group reissued a “sell” rating and set a $105.00 price objective (up previously from $87.00) on shares of Avis Budget Group in a report on Friday, August 1st. Barclays boosted their price objective on shares of Avis Budget Group from $105.00 to $150.00 and gave the stock an “equal weight” rating in a report on Monday, August 4th. Wall Street Zen raised shares of Avis Budget Group from a “sell” rating to a “hold” rating in a report on Saturday, May 3rd. Finally, Bank of America reaffirmed an “underperform” rating and issued a $113.00 price target (down previously from $120.00) on shares of Avis Budget Group in a report on Wednesday. One analyst has rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of $143.80.

Avis Budget Group Stock Up 3.5%

Shares of NASDAQ:CAR opened at $155.49 on Friday. The company has a market cap of $5.47 billion, a price-to-earnings ratio of -2.46 and a beta of 2.19. Avis Budget Group has a fifty-two week low of $54.03 and a fifty-two week high of $212.81. The firm’s 50-day simple moving average is $170.75 and its 200-day simple moving average is $117.21.

Avis Budget Group (NASDAQ:CAR) last issued its earnings results on Tuesday, July 29th. The business services provider reported $0.10 earnings per share for the quarter, missing the consensus estimate of $2.02 by ($1.92). The firm had revenue of $3.04 billion during the quarter, compared to analysts’ expectations of $3.02 billion. Avis Budget Group had a negative net margin of 19.06% and a negative return on equity of 14.74%. The firm’s revenue was down .3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.41 EPS.

Insider Buying and Selling at Avis Budget Group

In related news, EVP Edward P. Linnen sold 10,000 shares of the firm’s stock in a transaction on Friday, August 15th. The shares were sold at an average price of $156.83, for a total transaction of $1,568,300.00. Following the completion of the sale, the executive vice president directly owned 40,915 shares of the company’s stock, valued at approximately $6,416,699.45. This trade represents a 19.64% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Bernardo Hees sold 402,200 shares of the firm’s stock in a transaction on Monday, August 4th. The shares were sold at an average price of $156.59, for a total transaction of $62,980,498.00. Following the sale, the director directly owned 116,521 shares of the company’s stock, valued at approximately $18,246,023.39. The trade was a 77.54% decrease in their ownership of the stock. The disclosure for this sale can be found here. 52.80% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CAR. Crossmark Global Holdings Inc. bought a new position in shares of Avis Budget Group in the 1st quarter worth about $274,000. Captrust Financial Advisors bought a new position in shares of Avis Budget Group in the 4th quarter worth about $460,000. Northern Trust Corp lifted its position in shares of Avis Budget Group by 21.0% in the 4th quarter. Northern Trust Corp now owns 156,176 shares of the business services provider’s stock worth $12,589,000 after buying an additional 27,127 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Avis Budget Group by 9.8% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,840 shares of the business services provider’s stock worth $443,000 after buying an additional 519 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its position in shares of Avis Budget Group by 166.0% in the 1st quarter. Victory Capital Management Inc. now owns 29,527 shares of the business services provider’s stock worth $2,241,000 after buying an additional 18,425 shares during the last quarter. 96.35% of the stock is currently owned by institutional investors.

About Avis Budget Group

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.