Avis Budget Group: A Leader in Global Car Rental Services Since 1946
January 4, 2023
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Avis Budget Intrinsic Value – Avis Budget ($NASDAQ:CAR) Group, established in 1946 and listed on the stock exchange since 1981, is one of the top three global car rental companies. Alongside their rental services, they also operate a car sharing network known as Zipcar. This allows customers to rent cars on an hourly or daily basis. Avis Budget Group is committed to providing exceptional customer service and making sure their customers have a great experience every time. Their customer-centric approach is reflected in their loyalty programs, which offer reward points for frequent customers and discounts for those who book in advance.
They also offer services such as roadside assistance, GPS navigation systems, and even pet-friendly vehicles. In addition to their traditional car rental services, Avis Budget Group also offers a range of convenience services such as mobile phones with unlimited data and car insurance. They also provide a range of rental options for those who want to explore the country in a recreational vehicle or campervan. Avis Budget Group’s commitment to providing excellent customer service, combined with their wide range of services, has helped them become a leader in global car rental services.
Stock Price
Despite this, on Tuesday, AVIS BUDGET stock opened at $165.8 and closed at $164.8, showing an increase of 0.5% from the previous closing price of 163.9. This indicates that the company is still performing well despite current market conditions. AVIS BUDGET has a long history of providing quality services to customers around the world. It offers a variety of rental car options, including economy cars, luxury cars, SUVs, and vans. It also provides additional services such as roadside assistance and car insurance. AVIS BUDGET also offers a variety of discounts and special offers to customers, including corporate discounts and rewards programs. This helps to make their services more accessible to a wider range of customers.
Additionally, the company has invested heavily in technology in order to offer a more efficient and convenient booking process. With its wide range of services, discounts, and rewards programs, it is no surprise that the company’s stock has remained relatively stable despite recent negative media sentiment. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Avis Budget. More…
| Total Revenues | Net Income | Net Margin |
| 11.79k | 2.72k | 22.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Avis Budget. More…
| Operations | Investing | Financing |
| 4.8k | -4.95k | -29 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Avis Budget. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 25.2k | 25.7k | -13.62 |
Key Ratios Snapshot
Some of the financial key ratios for Avis Budget are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.2% | 104.6% | 33.0% |
| FCF Margin | ROE | ROA |
| 23.2% | -418.6% | 9.7% |
VI Analysis – Avis Budget Intrinsic Value
Avis Budget Group Inc (AVIS) is a publicly traded company whose fundamentals reflect its long term potential. This is evident in the analysis made by VI app, which simplifies the process of understanding the intrinsic value of AVIS stocks. According to VI Line, AVIS has an intrinsic value of $187.3. At present, AVIS stocks are trading at $164.8, which is a fair price but still undervalued by 12%. The company may be a good option for long-term investment as it is expected to show consistent performance in the coming years. AVIS has seen substantial growth in its revenue over the past few years, which is a sign of the company’s potential. This growth is backed by its strong financial position, which includes a healthy balance sheet and strong cash flow. Additionally, the company has a diverse portfolio of services and products to meet the changing needs of its customers. Overall, AVIS BUDGET stock is an attractive option for investors looking for a reliable long-term investment. The company’s fundamentals suggest that it has the potential to deliver returns in the coming years and the current price of the stock offers an opportunity to buy at a discount. More…
VI Peers
Its competitors include Hertz Global Holdings Inc, Localiza Rent A Car SA, and HyreCar Inc. Avis Budget Group Inc has a strong market position and offers a variety of car rental services that its competitors cannot match.
– Hertz Global Holdings Inc ($NASDAQ:HTZ)
Hertz Global Holdings Inc is a holding company that operates through its subsidiaries. The company’s principal business is car rental. It has a market cap of 6.63B as of 2022 and a Return on Equity of 70.21%. The company has operations in the United States, Europe, Latin America, Asia, Australia, New Zealand, and Africa.
– Localiza Rent A Car SA ($OTCPK:LZRFY)
Localiza Rent A Car SA is a Brazilian car rental company. The company has a market cap of 12.8B as of 2022 and a return on equity of 32.33%. Localiza is the largest car rental company in Brazil and has a strong presence in South America. The company offers a wide range of services, including car rental, fleet management, and vehicle financing. Localiza has a strong customer base and a large number of locations across Brazil.
– HyreCar Inc ($NASDAQ:HYRE)
HyreCar Inc. is a car sharing marketplace that connects vehicle owners with ride-sharing, food and package delivery companies. The Company offers a range of services for car owners, including insurance, financing, and maintenance. It also provides a range of services for ride-sharing and delivery companies, including background checks, vehicle financing, and vehicle maintenance.
Summary
Avis Budget Group, a global leader in car rental services since 1946, is a worthwhile investment opportunity for those looking for a stable, reliable company. Despite recent negative media sentiment, the company has a strong financial history, with solid returns over the past five years. Its portfolio of brands, including Avis Car Rental, Budget Rent a Car and Zipcar, gives the company a competitive advantage in the car rental market. In addition, the company is focused on delivering innovative technological solutions to customers and has implemented cost-saving initiatives to further strengthen its financial performance.
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