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CAR - Avis Budget Group: Not A Great Time To Start A Position
February, 09 2024 09:20 AM
Avis Budget Group Inc.
2024-02-09 09:20:32 ET
Summary Avis Budget Group's financials show a high level of debt and lack of growth catalysts, leading to a low valuation multiple. Solvency metrics indicate the company is overleveraged, and efficiency and profitability have started to decline. Analysts expect a drop in earnings for Q4, and the company's lackluster revenue growth and debt pile are concerning for investors.
Investment Thesis For further details see:
Avis Budget Group: Not A Great Time To Start A Position
Stock Information
Company Name:
Avis Budget Group Inc.
Stock Symbol:
CAR
Market:
NASDAQ
Website:
avisbudgetgroup.com
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