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Blue Chip Growth

Stock Report: "Avis Budget Group, Inc." (CAR) Report Updated: Jun 27, 2016 | Print This Page

Get more stock ratings by Louis Navellier

"Avis Budget Group, Inc." (CAR)

Rating: Sell Volatility: Moderate
Total Grade: D Industry: Road & Rail
Competitors: UHAL,STB,KSU,YRCW

Stock Analysis

Rating: Monthly View

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Rating: Weekly View

This Week: D down no change
Last Week: D same no change
Two Weeks Ago: D up no change
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"Avis Budget Group, Inc."© quotemedia

Company Profile

Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers worldwide. The company has three segments: North America, International, and Truck Rental. It operates the Avis car rental system with approximately 5,450 locations, that supply rental cars to the premium commercial and leisure segments of the travel industry; the Budget vehicle rental system with approximately 3,500 car rental locations, which serve the value-conscious segments of the industry; and Zipcar, a membership-based car sharing network that provides vehicles to approximately 915,000 members. The company also operates the Payless brand, which comprises approximately 160 vehicle rental locations, as well as operates Apex brand primarily in the deep-value segment of the car rental industry with approximately 19 rental locations. In addition, it is involved in the local and one-way truck rental businesses with a fleet of approximately 23,000 trucks, which are rented through a network of approximately 1,150 dealers and 400 company-operated locations that serve the consumer and light commercial sectors. Further, the company provides a range of optional insurance products and coverages, such as supplemental liability insurance, personal accident insurance, personal effects protection, automobile towing protection, and cargo insurance. Avis Budget Group, Inc. was founded in 1946 and is headquartered in Parsippany, New Jersey.