Stockpickr! Your Source for Stock Ideas

Comments for CAR

Added By	Comments	Type	Date Added
eraic99	Rental Car industry not good	Hate	February 21, 2008
sarah z	Avis Budget Group Inc. recently announced it would buy back an additional $50 million of its common stock and also chose to not lower its 2007 guidance to the extent analysts thought it might. Christopher Agnew of Goldman Sachs said the company update is good news, because the market probably expected Avis' fourth-quarter profit to miss estimates, its earnings to weaken in 2008 and for it to face refinancing problems in 2008. The stock has a forward PE of 8.	Love	February 06, 2008
nparkrider	Auto Leasing	Hate	September 17, 2007
stockerblog	Avis, Avis Budget Group, Inc.	Love	July 03, 2007
Mary95267	spinoff/turnaround	Love	March 20, 2007
WMENCHION	Avis Auto Rental is on of the best run and managed companies	Love	March 02, 2007
chemman	anticipated growth and high dividend yield	Love	February 24, 2007
Mary Otto	Avis/Budget is basically a sound business that took an undeserved beating. It was a bargain.	Love	February 22, 2007
Barrons	Schafer is a fan of spinoffs. Of the three companies that Cendant split into last year, he prefers Avis Budget. He believes that last year the company was hit with a perfect storm of problems, but that it will bounce back. "Together these factors led to pretax margins of 2.9%. Management has laid out a plan to return to 8% margins before taxes. With most competing companies like Hertz [HTZ] now public, pricing discipline will be more important. There are signs of better pricing in the commercial markets, and the company's off-airport business will continue to grow by 20%. With normalized operating margins, achievable this year, Avis Budget could generate free cash flow in excess of $3.50 a share. It could be an attractive acquisition candidate, though as long-term holders we would prefer the fundamentals to play out and get the stock into the 30s before a private-equity buyer pounces. It is now 22.25."	Love	January 27, 2007
Lawrence Post	Part of former company portfolio familiarity with business	Love	January 27, 2007
Mark_99	Spin-off from Cendant tragedy	Hate	January 25, 2007
Ivan Duke	Was under valued	Love	January 08, 2007
Pam	Number of Recommendations: 2	Love	January 07, 2007
Ken Vandenbark	given to me	Love	January 03, 2007