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Comparing Avis Budget Group (NASDAQ:CAR) and Getaround (NYSE:GETR)

Defense World ·  Jan 18, 2023 01:32

Getaround (NYSE:GETR – Get Rating) and Avis Budget Group (NASDAQ:CAR – Get Rating) are both business services companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, risk, analyst recommendations, valuation, profitability, earnings and dividends.

Profitability

This table compares Getaround and Avis Budget Group's net margins, return on equity and return on assets.

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Net Margins Return on Equity Return on Assets
Getaround N/A N/A -0.10%
Avis Budget Group 23.09% -473.08% 11.40%

Risk & Volatility

Getaround has a beta of 0.88, meaning that its stock price is 12% less volatile than the S&P 500. Comparatively, Avis Budget Group has a beta of 2.29, meaning that its stock price is 129% more volatile than the S&P 500.

Institutional & Insider Ownership

76.6% of Getaround shares are owned by institutional investors. Comparatively, 98.3% of Avis Budget Group shares are owned by institutional investors. 37.3% of Avis Budget Group shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Analyst Ratings

This is a breakdown of current ratings for Getaround and Avis Budget Group, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Getaround 0 0 2 0 3.00
Avis Budget Group 2 4 2 0 2.00

Getaround currently has a consensus price target of $3.25, indicating a potential upside of 371.01%. Avis Budget Group has a consensus price target of $217.75, indicating a potential upside of 11.94%. Given Getaround's stronger consensus rating and higher probable upside, equities analysts clearly believe Getaround is more favorable than Avis Budget Group.

Earnings and Valuation

This table compares Getaround and Avis Budget Group's revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Getaround N/A N/A -$2.62 million N/A N/A
Avis Budget Group $9.31 billion 0.87 $1.29 billion $53.72 3.62

Avis Budget Group has higher revenue and earnings than Getaround.

Summary

Avis Budget Group beats Getaround on 7 of the 10 factors compared between the two stocks.

About Getaround

(Get Rating)

Getaround, Inc. provides on-line car rental and peer-to-peer car-sharing services in California. The company's fleet include SUV, hatchback, cargo and passenger minivan, convertible SUV, coupe, crew and extended cab, cargo and passenger van, regular-cab, sedan, and wagon. As of March 31, 2022, it operated approximately 66,000 cars in over 950 cities across 8 countries worldwide, including the United States and across Europe. The company was incorporated in 2009 and is headquartered in San Francisco, California.

About Avis Budget Group

(Get Rating)

Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers. It operates the Avis brand, that offers vehicle rental and other mobility solutions to the premium commercial and leisure segments of the travel industry; the Budget Truck brand, a local, and one-way truck and cargo van rental businesses with a fleet of approximately 20,000 vehicles, which are rented through a network of approximately 465 dealer-operated and 385 company-operated locations that serve the consumer and light commercial sectors in the continental United States; and the Zipcar brand, a car sharing network. The company also operates various other car rental brands, such as Budget, Payless, Apex, Maggiore, MoriniRent, FranceCars, Amicoblue, Turiscar, and ACL Hire. In addition, it offers optional insurance products and coverages, such as supplemental liability, personal accident, personal effects protection, emergency sickness protection, and automobile towing protection and cargo insurance products; fuel service options, roadside assistance services, electronic toll collection services, curbside delivery, tablet rentals, access to satellite radio, portable navigation units, and child safety seat rentals; automobile towing equipment and other moving accessories, such as hand trucks, furniture pads, and moving supplies; and Business Intelligence solution, an online portal for corporate travel. Avis Budget Group, Inc. operates in approximately 10,400 locations worldwide. The company was formerly known as Cendant Corporation and changed its name to Avis Budget Group, Inc. in September 2006. Avis Budget Group, Inc. was founded in 1946 and is headquartered in Parsippany, New Jersey.

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