Avis Budget Stock Target Price and Analyst Consensus

CAR Stock  USD 115.60  1.83  1.61%   
The current analyst and expert consensus on Avis Budget is Strong Buy, with 4 strong buy opinions. The current projected Avis Budget target price consensus is 234.50 with 8 analyst opinions. The most common way Avis Budget Group analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Avis Budget executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Avis Budget. We strongly encourage you to use your own analysis of Avis Budget Group to validate this buy or sell advice. Avis Budget buy-or-sell recommendation module provides average expert sentiment on the projected Avis Budget Group target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Avis Budget to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
213.4
Highest Forecast
260.3
Target Price
234.5
At this time, Avis Budget's Gross Profit is relatively stable compared to the past year. As of 05/05/2024, Pretax Profit Margin is likely to grow to 0.17, while Operating Profit Margin is likely to drop 0.15. At this time, Avis Budget's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 05/05/2024, Liabilities And Stockholders Equity is likely to grow to about 35.1 B, while Total Current Liabilities is likely to drop slightly above 2.1 B.
  
It's important to approach Avis Budget's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Avis Budget Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Avis target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Avis Budget's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   8  Strong Buy
Most Avis analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Avis stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Avis Budget Group, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Avis Budget Target Price Projection

Avis Budget's current and average target prices are 115.60 and 234.50, respectively. The current price of Avis Budget is the price at which Avis Budget Group is currently trading. On the other hand, Avis Budget's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Avis Budget Market Quote on 5th of May 2024

Low Price111.88Odds
High Price118.2Odds

115.6

Target Price

Analyst Consensus On Avis Budget Target Price

Low Estimate213.4Odds
High Estimate260.3Odds

234.5

Historical Lowest Forecast  213.4 Target Price  234.5 Highest Forecast  260.3
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Avis Budget Group and the information provided on this page.

Avis Budget Analyst Ratings

Avis Budget's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Avis Budget stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Avis Budget's financials, market performance, and future outlook by experienced professionals. Avis Budget's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Avis Budget price targets

Avis Budget's stock target price is an estimate of its future price, usually made by analysts. Using Avis Budget's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Avis Budget's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Avis Budget's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Avis Budget Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Avis Budget is a key component of Avis Budget valuation and have some predictive power on the future returns of a Avis Budget.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Avis Budget's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
108.83113.71118.59
Details
Intrinsic
Valuation
LowRealHigh
104.04141.38146.26
Details
Naive
Forecast
LowNextHigh
114.04118.92123.81
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.223.486.82
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Avis Budget. Your research has to be compared to or analyzed against Avis Budget's peers to derive any actionable benefits. When done correctly, Avis Budget's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Avis Budget Group.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Video Games Idea
Video Games
Invested over 500 shares
Business Services Idea
Business Services
Invested over 100 shares
Momentum Idea
Momentum
Invested over 70 shares
Dividend Beast Idea
Dividend Beast
Invested over 60 shares
Adviser Favorites Idea
Adviser Favorites
Invested few shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 40 shares
Banking Idea
Banking
Invested over 30 shares
When determining whether Avis Budget Group is a strong investment it is important to analyze Avis Budget's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Avis Budget's future performance. For an informed investment choice regarding Avis Stock, refer to the following important reports:
Check out Macroaxis Advice on Avis Budget to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Note that the Avis Budget Group information on this page should be used as a complementary analysis to other Avis Budget's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Avis Stock analysis

When running Avis Budget's price analysis, check to measure Avis Budget's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avis Budget is operating at the current time. Most of Avis Budget's value examination focuses on studying past and present price action to predict the probability of Avis Budget's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avis Budget's price. Additionally, you may evaluate how the addition of Avis Budget to your portfolios can decrease your overall portfolio volatility.
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Global Correlations
Find global opportunities by holding instruments from different markets
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
The data published in Avis Budget's official financial statements usually reflect Avis Budget's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Avis Budget Group. For example, before you start analyzing numbers published by Avis accountants, it's critical to develop an understanding of what Avis Budget's liquidity, profitability, and earnings quality are in the context of the Ground Transportation space in which it operates.
Please note, the presentation of Avis Budget's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Avis Budget's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Avis Budget's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Avis Budget Group. Please utilize our Beneish M Score to check the likelihood of Avis Budget's management manipulating its earnings.