For today’s bulletin, we take a look at our latest top-five STRONG BUY upgrade list and provide a link to download a FREE STOCK REPORT on Avis Budget Group $CAR
VALUATION WARNING: Overvalued stocks now make up 68.18% of our stocks assigned a valuation and 32.53% of those equities are calculated to be overvalued by 20% or more. Sixteen sectors are calculated to be overvalued.
ValuEngine tracks more than 7000 US equities, ADRs, and foreign stock which trade on US exchanges as well as @1000 Canadian equities. When EPS estimates are available for a given equity, our model calculates a level of mispricing or valuation percentage for that equity based on earnings estimates and what the stock should be worth if the market were totally rational and efficient–an academic exercise to be sure, but one which allows for useful comparisons between equities, sectors, and industries. Using our Valuation Model, we can currently assign a VE valuation calculation to more than 2800 stocks in our US Universe.
We combine all of the equities with a valuation calculation to track market valuation figures and use them as a metric for making calls about the overall state of the market. Two factors can lower these figures– a market pullback, or a significant rise in EPS estimates.
We also use trading data to provide forecast estimates for a variety of time horizons for almost ever equity in our database. Our Buy/Sell/Hold recommendations are based upon the 1-year forecast return figure. Using valuation and forecast figures, you can rank and rate our covered stocks against each other, to find out, in an objective and systematic way, the most attractive investment targets based on your own risk/reward parameters. We re-calculate the entire database every trading day, so you are assured that every proprietary valuation and forecast datapoint is as up-to-date as possible.
For today’s edition of our upgrade list, we used our website’s advanced screening functions to search for UPGRADES to BUY or STRONG BUY with complete forecast and valuation data. They are presented by one-month forecast return. Avis Budget Group (CAR) is our top-rated upgrade this week and it is a STRONG BUY. Our other picks are also STRONG BUY stocks with the exception of ARII and NTRS–which are BUY-rated.
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Ticker
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Company Name
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Market Price
|
Valuation
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Last 12-M Return
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1-M Forecast Return
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1-Yr Forecast Return
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P/E Ratio
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Sector Name
|
|
CAR
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AVIS BUDGET GRP
|
32.46
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-31.31%
|
47.28%
|
1.23%
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14.78%
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11.13
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Business Services
|
|
TOWR
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TOWER INTL INC
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28.05
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-3.87%
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37.23%
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1.11%
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13.33%
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8.38
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Auto-Tires-Trucks
|
|
SPAR
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SPARTAN MOTORS
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7.05
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-11.70%
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138.98%
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1.10%
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13.19%
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19.40
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Auto-Tires-Trucks
|
|
ARII
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AMER RAILCAR
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48.6
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42.88%
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30.47%
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0.52%
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6.25%
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12.14
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Transportation
|
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NTRS
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NORTHERN TRUST
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87.05
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12.67%
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48.25%
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0.51%
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6.11%
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20.32
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Finance
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Below is today’s data on Avis Budget Group, Inc. (CAR):
Avis Budget Group, Inc. (CAR) is a leading provider of vehicle rental services, with operations in more than seventy countries. Through its Avis and Budget brands, the company is the largest general-use vehicle rental company in each of North America, Australia, New Zealand and certain other regions. Avis Budget Group is headquartered in Parsippany, N.J. Avis is a leading supplier to the premium commercial and leisure segments of the travel industry, and Budget is a leading supplier to price-conscious car rental segments. Avis Budget Group maintains the leading share of airport car rental revenue, and we operate the second largest consumer truck rental business in the United States. The company generate significant benefits from operating two distinctive car rental brands targeting different market segments but share the same fleet, maintenance facilities, technology and administrative infrastructure
VALUENGINE RECOMMENDATION: ValuEngine updated its recommendation from BUY to STRONG BUY for Avis Budget Group on 2017-02-24. Based on the information we have gathered and our resulting research, we feel that Avis Budget Group has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE P/E Ratio and Price Sales Ratio.
You can download a free copy of detailed report on Avis Budget Group, Inc. (CAR) from the link below.
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ValuEngine Forecast
|
||
|
Target
Price* |
Expected
Return |
|
|---|---|---|
|
1-Month
|
32.86 | 1.23% |
|
3-Month
|
32.51 | 0.16% |
|
6-Month
|
32.64 | 0.57% |
|
1-Year
|
37.26 | 14.78% |
|
2-Year
|
27.96 | -13.87% |
|
3-Year
|
21.82 | -32.77% |
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Valuation & Rankings
|
|||
|
Valuation
|
31.31% undervalued
|
Valuation Rank(?)
|
 91 |
|
1-M Forecast Return
|
1.23%
|
1-M Forecast Return Rank
|
99 |
|
12-M Return
|
47.28%
|
Momentum Rank(?)
|
74 |
|
Sharpe Ratio
|
0.48
|
Sharpe Ratio Rank(?)
|
77 |
|
5-Y Avg Annual Return
|
19.06%
|
5-Y Avg Annual Rtn Rank
|
88 |
|
Volatility
|
39.81%
|
Volatility Rank(?)
|
42 |
|
Expected EPS Growth
|
38.64%
|
EPS Growth Rank(?)
|
70 |
|
Market Cap (billions)
|
3.45
|
Size Rank
|
78 |
|
Trailing P/E Ratio
|
11.13
|
Trailing P/E Rank(?)
|
91 |
|
Forward P/E Ratio
|
8.03
|
Forward P/E Ratio Rank
|
93 |
|
PEG Ratio
|
0.29
|
PEG Ratio Rank
|
71 |
|
Price/Sales
|
0.40
|
Price/Sales Rank(?)
|
88 |
|
Market/Book
|
7.28
|
Market/Book Rank(?)
|
19 |
|
Beta
|
2.05
|
Beta Rank
|
11 |
|
Alpha
|
0.02
|
Alpha Rank
|
52 |
DOWNLOAD A FREE SAMPLE OF OUR AVIS BUDGET GROUP (CAR) REPORT BY CLICKING HERE