LegenDMKL
2021-11-06
Let's moon
Avis Stock to The Moon And Back: What To Do Now.<blockquote>Avis股票到月球和回来:现在做什么。</blockquote>
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With share p","content":"<p>After a massive Q3 all-around beat, Avis stock shot up by more than 200% on November 2. With share price now soft landing, Wall Street Memes looks at what investors and traders could do next.</p><p><blockquote>在第三季度全面大幅上涨后,Avis股价在11月2日飙升超过200%。随着股价软着陆,华尔街迷因着眼于投资者和交易员下一步可以做什么。</blockquote></p><p> The popularity of Avis Budget stock surged on the main Reddit forums on November 2, after the stock tripled in price. The rental car company has been a target of short sellers for many months, in great part due to massive pandemic headwinds.</p><p><blockquote>11月2日,Avis Budget股票在Reddit主要论坛上的受欢迎程度飙升,此前该股价格上涨了两倍。这家租车公司几个月来一直是卖空者的目标,这在很大程度上是由于大流行的巨大阻力。</blockquote></p><p> But a few days ago, Avis reported Q3 results that were well above expectations. Because of it, alongside a few other catalysts, bears witnessed a massive increase in trading volume and an unprecedented surge in stock price.</p><p><blockquote>但日前,安飞士公布了远超预期的Q3业绩。正因为如此,加上其他一些催化剂,空头见证了交易量的大幅增加和股价前所未有的飙升。</blockquote></p><p> With CAR now giving up about half of its maximum post-earnings gains in a matter of a couple of days, Wall Street Memes asks: what should investors and traders do next?</p><p><blockquote>随着CAR现在在几天内放弃了约一半的财报后最大涨幅,华尔街模因问道:投资者和交易员下一步应该做什么?</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d57249335fe59df573ee19e133dde38\" tg-width=\"1240\" tg-height=\"827\" width=\"100%\" height=\"auto\"><span>Figure 1: A sign is posted in front of an Avis Budget rental car office on July 28, 2020 in South San Francisco, California.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1:2020年7月28日,加利福尼亚州南旧金山,Avis Budget租车办公室前张贴了一个标志。</span></p></blockquote></p><p> <b>All-around earnings beat</b></p><p><blockquote><b>全面盈利超出预期</b></blockquote></p><p> On Monday, November 1, Avis delivered a solid all-around beat. Pre-earnings consensus estimate EPS of $6.68 looked very conservative against the $10.74 delivered. Reported revenues of $3 billion topped expectations by $224 million, pointing at growth of 96% and 9% from the third quarters of 2020 and 2019, respectively.</p><p><blockquote>11月1日星期一,Avis取得了稳健的全面表现。财报前普遍预期每股收益为6.68美元,与交付的10.74美元相比显得非常保守。报告的收入为30亿美元,比预期高出2.24亿美元,较2020年和2019年第三季度分别增长96%和9%。</blockquote></p><p> Also, the rental car company repurchased approximately 11.6 million shares of common stock in the third quarter at an average cost of $86. Now, the outstanding share count has been down 16% since the end of this year’s Q2.</p><p><blockquote>此外,该租车公司在第三季度回购了约1160万股普通股,平均成本为86美元。自今年第二季度末以来,流通股数量已下降16%。</blockquote></p><p> According to Avis CEO, Joe Ferraro, business execution and initiatives taken during the early days of the pandemic may have been the key pillars supporting the top line results:</p><p><blockquote>Avis首席执行官Joe Ferraro表示,大流行初期采取的业务执行和举措可能是支持营收业绩的关键支柱:</blockquote></p><p> “ <i>Our third quarter results are a testament to our team</i>’ <i>s on-going focus around cost discipline and ability to execute operationally. We are seeing the benefits of initiatives we began during the early days of the pandemic and look to build on this positive momentum as the travel environment continues to normalize.”</i> <b>Short selling target</b></p><p><blockquote>“<i>我们第三季度的业绩证明了我们的团队</i>’<i>持续关注成本纪律和运营执行能力。我们看到了大流行初期采取的举措的好处,并希望随着旅行环境继续正常化,在这一积极势头的基础上再接再厉。”</i><b>卖空目标</b></blockquote></p><p> At least until prior to Q3 earnings day, Avis stock’s short interest was abnormally high. Yahoo Finance reports that 13.4 million shares are shorted out of a float of 49.2 million, for a ratio of 28%. Short interest above 10% is generally considered elevated.</p><p><blockquote>至少在第三季度财报日之前,Avis股票的空头兴趣异常高。雅虎财经报道称,4920万股流通股中有1340万股被做空,比例为28%。空头利息高于10%通常被认为较高。</blockquote></p><p> The recent surge in share price is possibly related to shorts covering their position in the face of earnings euphoria. Elon Musk’s tweet about the Tesla-Hertz deal may have also played a role in adding volatility to CAR stock. Hertz is one of Avis Budget’s main competitors.</p><p><blockquote>近期股价飙升可能与空头面对盈利兴奋而回补头寸有关。Elon Musk关于特斯拉-赫兹交易的推文可能也加剧了汽车股的波动性。赫兹是Avis Budget的主要竞争对手之一。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/43b325182cfc77acea67e7cc2e15e343\" tg-width=\"414\" tg-height=\"689\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>Wall Street bearishness</b></p><p><blockquote><b>华尔街看跌</b></blockquote></p><p> Expert consensus around CAR stock was bearish even before Tuesday’s overwhelming price spike. Avis stock still has a moderate sell rating and price target of $180. Before heading to the moon, shares were valued at around $170, slightly short of Wall Street’s average price target.</p><p><blockquote>即使在周二价格大幅飙升之前,专家对汽车股的共识也是看跌的。Avis股票仍给予适度卖出评级,目标价为180美元。在登上月球之前,该股估值约为170美元,略低于华尔街的平均目标价。</blockquote></p><p> A couple of days ago, two analysts downgraded their rating on Avis Budget. JPMorgan’s Ryan Brinkman moved to underweight from overweight, setting a $225 price target. Deutsche Bank analyst Chris Woronka also turned sour on the stock, moving from buy to sell and resetting the price target at $210.</p><p><blockquote>几天前,两位分析师下调了Avis Budget的评级。摩根大通的Ryan Brinkman从跑赢大盘转到跑输大盘,设定了225美元的目标价。德意志银行分析师Chris Woronka也对该股产生了不满,从买入转向卖出,并将目标价重置为210美元。</blockquote></p><p> In both cases, the valuation discrepancy following the likely short squeeze played a role in pushing the once bullish analysts to the sidelines.</p><p><blockquote>在这两种情况下,可能的轧空后的估值差异都在将曾经看涨的分析师推向观望中发挥了作用。</blockquote></p><p> <b>What’s next</b></p><p><blockquote><b>下一步是什么</b></blockquote></p><p> CAR seems to have been the target of a bullish “attack”: obscene one-day gains that are probably not fully justified by business fundamentals have been followed by a quick but partial pullback. This type of price movement, in our view, is enough to grant CAR the status of “meme stock”.</p><p><blockquote>汽车似乎一直是看涨“攻击”的目标:在商业基本面可能并不完全合理的单日涨幅之后,出现了快速但部分的回调。在我们看来,这种类型的价格变动足以赋予CAR“模因股票”的地位。</blockquote></p><p> This being the case, we suggest caution. Volatility in CAR stock has shot through the roof, presenting oversized gain opportunities as well as risk of painful losses. It is nearly impossible to project at what price levels Avis shares are likely to trade going forward – but too easy to predict a bumpy ride ahead.</p><p><blockquote>在这种情况下,我们建议谨慎。汽车股的波动性已经飙升,带来了巨大的上涨机会,也带来了痛苦损失的风险。几乎不可能预测安飞士股票未来可能的交易价格水平,但预测未来的坎坷之路太容易了。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Avis Stock to The Moon And Back: What To Do Now.<blockquote>Avis股票到月球和回来:现在做什么。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAvis Stock to The Moon And Back: What To Do Now.<blockquote>Avis股票到月球和回来:现在做什么。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">TheStreet</strong><span class=\"h-time small\">2021-11-05 23:25</span>\n</p>\n</h4>\n</header>\n<article>\n<p>After a massive Q3 all-around beat, Avis stock shot up by more than 200% on November 2. With share price now soft landing, Wall Street Memes looks at what investors and traders could do next.</p><p><blockquote>在第三季度全面大幅上涨后,Avis股价在11月2日飙升超过200%。随着股价软着陆,华尔街迷因着眼于投资者和交易员下一步可以做什么。</blockquote></p><p> The popularity of Avis Budget stock surged on the main Reddit forums on November 2, after the stock tripled in price. The rental car company has been a target of short sellers for many months, in great part due to massive pandemic headwinds.</p><p><blockquote>11月2日,Avis Budget股票在Reddit主要论坛上的受欢迎程度飙升,此前该股价格上涨了两倍。这家租车公司几个月来一直是卖空者的目标,这在很大程度上是由于大流行的巨大阻力。</blockquote></p><p> But a few days ago, Avis reported Q3 results that were well above expectations. Because of it, alongside a few other catalysts, bears witnessed a massive increase in trading volume and an unprecedented surge in stock price.</p><p><blockquote>但日前,安飞士公布了远超预期的Q3业绩。正因为如此,加上其他一些催化剂,空头见证了交易量的大幅增加和股价前所未有的飙升。</blockquote></p><p> With CAR now giving up about half of its maximum post-earnings gains in a matter of a couple of days, Wall Street Memes asks: what should investors and traders do next?</p><p><blockquote>随着CAR现在在几天内放弃了约一半的财报后最大涨幅,华尔街模因问道:投资者和交易员下一步应该做什么?</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d57249335fe59df573ee19e133dde38\" tg-width=\"1240\" tg-height=\"827\" width=\"100%\" height=\"auto\"><span>Figure 1: A sign is posted in front of an Avis Budget rental car office on July 28, 2020 in South San Francisco, California.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1:2020年7月28日,加利福尼亚州南旧金山,Avis Budget租车办公室前张贴了一个标志。</span></p></blockquote></p><p> <b>All-around earnings beat</b></p><p><blockquote><b>全面盈利超出预期</b></blockquote></p><p> On Monday, November 1, Avis delivered a solid all-around beat. Pre-earnings consensus estimate EPS of $6.68 looked very conservative against the $10.74 delivered. Reported revenues of $3 billion topped expectations by $224 million, pointing at growth of 96% and 9% from the third quarters of 2020 and 2019, respectively.</p><p><blockquote>11月1日星期一,Avis取得了稳健的全面表现。财报前普遍预期每股收益为6.68美元,与交付的10.74美元相比显得非常保守。报告的收入为30亿美元,比预期高出2.24亿美元,较2020年和2019年第三季度分别增长96%和9%。</blockquote></p><p> Also, the rental car company repurchased approximately 11.6 million shares of common stock in the third quarter at an average cost of $86. Now, the outstanding share count has been down 16% since the end of this year’s Q2.</p><p><blockquote>此外,该租车公司在第三季度回购了约1160万股普通股,平均成本为86美元。自今年第二季度末以来,流通股数量已下降16%。</blockquote></p><p> According to Avis CEO, Joe Ferraro, business execution and initiatives taken during the early days of the pandemic may have been the key pillars supporting the top line results:</p><p><blockquote>Avis首席执行官Joe Ferraro表示,大流行初期采取的业务执行和举措可能是支持营收业绩的关键支柱:</blockquote></p><p> “ <i>Our third quarter results are a testament to our team</i>’ <i>s on-going focus around cost discipline and ability to execute operationally. We are seeing the benefits of initiatives we began during the early days of the pandemic and look to build on this positive momentum as the travel environment continues to normalize.”</i> <b>Short selling target</b></p><p><blockquote>“<i>我们第三季度的业绩证明了我们的团队</i>’<i>持续关注成本纪律和运营执行能力。我们看到了大流行初期采取的举措的好处,并希望随着旅行环境继续正常化,在这一积极势头的基础上再接再厉。”</i><b>卖空目标</b></blockquote></p><p> At least until prior to Q3 earnings day, Avis stock’s short interest was abnormally high. Yahoo Finance reports that 13.4 million shares are shorted out of a float of 49.2 million, for a ratio of 28%. Short interest above 10% is generally considered elevated.</p><p><blockquote>至少在第三季度财报日之前,Avis股票的空头兴趣异常高。雅虎财经报道称,4920万股流通股中有1340万股被做空,比例为28%。空头利息高于10%通常被认为较高。</blockquote></p><p> The recent surge in share price is possibly related to shorts covering their position in the face of earnings euphoria. Elon Musk’s tweet about the Tesla-Hertz deal may have also played a role in adding volatility to CAR stock. Hertz is one of Avis Budget’s main competitors.</p><p><blockquote>近期股价飙升可能与空头面对盈利兴奋而回补头寸有关。Elon Musk关于特斯拉-赫兹交易的推文可能也加剧了汽车股的波动性。赫兹是Avis Budget的主要竞争对手之一。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/43b325182cfc77acea67e7cc2e15e343\" tg-width=\"414\" tg-height=\"689\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <b>Wall Street bearishness</b></p><p><blockquote><b>华尔街看跌</b></blockquote></p><p> Expert consensus around CAR stock was bearish even before Tuesday’s overwhelming price spike. Avis stock still has a moderate sell rating and price target of $180. Before heading to the moon, shares were valued at around $170, slightly short of Wall Street’s average price target.</p><p><blockquote>即使在周二价格大幅飙升之前,专家对汽车股的共识也是看跌的。Avis股票仍给予适度卖出评级,目标价为180美元。在登上月球之前,该股估值约为170美元,略低于华尔街的平均目标价。</blockquote></p><p> A couple of days ago, two analysts downgraded their rating on Avis Budget. JPMorgan’s Ryan Brinkman moved to underweight from overweight, setting a $225 price target. Deutsche Bank analyst Chris Woronka also turned sour on the stock, moving from buy to sell and resetting the price target at $210.</p><p><blockquote>几天前,两位分析师下调了Avis Budget的评级。摩根大通的Ryan Brinkman从跑赢大盘转到跑输大盘,设定了225美元的目标价。德意志银行分析师Chris Woronka也对该股产生了不满,从买入转向卖出,并将目标价重置为210美元。</blockquote></p><p> In both cases, the valuation discrepancy following the likely short squeeze played a role in pushing the once bullish analysts to the sidelines.</p><p><blockquote>在这两种情况下,可能的轧空后的估值差异都在将曾经看涨的分析师推向观望中发挥了作用。</blockquote></p><p> <b>What’s next</b></p><p><blockquote><b>下一步是什么</b></blockquote></p><p> CAR seems to have been the target of a bullish “attack”: obscene one-day gains that are probably not fully justified by business fundamentals have been followed by a quick but partial pullback. This type of price movement, in our view, is enough to grant CAR the status of “meme stock”.</p><p><blockquote>汽车似乎一直是看涨“攻击”的目标:在商业基本面可能并不完全合理的单日涨幅之后,出现了快速但部分的回调。在我们看来,这种类型的价格变动足以赋予CAR“模因股票”的地位。</blockquote></p><p> This being the case, we suggest caution. Volatility in CAR stock has shot through the roof, presenting oversized gain opportunities as well as risk of painful losses. It is nearly impossible to project at what price levels Avis shares are likely to trade going forward – but too easy to predict a bumpy ride ahead.</p><p><blockquote>在这种情况下,我们建议谨慎。汽车股的波动性已经飙升,带来了巨大的上涨机会,也带来了痛苦损失的风险。几乎不可能预测安飞士股票未来可能的交易价格水平,但预测未来的坎坷之路太容易了。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.thestreet.com/memestocks/other-memes/avis-stock-to-the-moon-and-back-what-to-do-next\">TheStreet</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAR":"安飞士"},"source_url":"https://www.thestreet.com/memestocks/other-memes/avis-stock-to-the-moon-and-back-what-to-do-next","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176676533","content_text":"After a massive Q3 all-around beat, Avis stock shot up by more than 200% on November 2. With share price now soft landing, Wall Street Memes looks at what investors and traders could do next.\nThe popularity of Avis Budget stock surged on the main Reddit forums on November 2, after the stock tripled in price. The rental car company has been a target of short sellers for many months, in great part due to massive pandemic headwinds.\nBut a few days ago, Avis reported Q3 results that were well above expectations. Because of it, alongside a few other catalysts, bears witnessed a massive increase in trading volume and an unprecedented surge in stock price.\nWith CAR now giving up about half of its maximum post-earnings gains in a matter of a couple of days, Wall Street Memes asks: what should investors and traders do next?\nFigure 1: A sign is posted in front of an Avis Budget rental car office on July 28, 2020 in South San Francisco, California.\nAll-around earnings beat\nOn Monday, November 1, Avis delivered a solid all-around beat. Pre-earnings consensus estimate EPS of $6.68 looked very conservative against the $10.74 delivered. Reported revenues of $3 billion topped expectations by $224 million, pointing at growth of 96% and 9% from the third quarters of 2020 and 2019, respectively.\nAlso, the rental car company repurchased approximately 11.6 million shares of common stock in the third quarter at an average cost of $86. Now, the outstanding share count has been down 16% since the end of this year’s Q2.\nAccording to Avis CEO, Joe Ferraro, business execution and initiatives taken during the early days of the pandemic may have been the key pillars supporting the top line results:\n\n “\n Our third quarter results are a testament to our team’\n s on-going focus around cost discipline and ability to execute operationally. We are seeing the benefits of initiatives we began during the early days of the pandemic and look to build on this positive momentum as the travel environment continues to normalize.”\n\nShort selling target\nAt least until prior to Q3 earnings day, Avis stock’s short interest was abnormally high. Yahoo Finance reports that 13.4 million shares are shorted out of a float of 49.2 million, for a ratio of 28%. Short interest above 10% is generally considered elevated.\nThe recent surge in share price is possibly related to shorts covering their position in the face of earnings euphoria. Elon Musk’s tweet about the Tesla-Hertz deal may have also played a role in adding volatility to CAR stock. Hertz is one of Avis Budget’s main competitors.\n\nWall Street bearishness\nExpert consensus around CAR stock was bearish even before Tuesday’s overwhelming price spike. Avis stock still has a moderate sell rating and price target of $180. Before heading to the moon, shares were valued at around $170, slightly short of Wall Street’s average price target.\nA couple of days ago, two analysts downgraded their rating on Avis Budget. JPMorgan’s Ryan Brinkman moved to underweight from overweight, setting a $225 price target. Deutsche Bank analyst Chris Woronka also turned sour on the stock, moving from buy to sell and resetting the price target at $210.\nIn both cases, the valuation discrepancy following the likely short squeeze played a role in pushing the once bullish analysts to the sidelines.\nWhat’s next\nCAR seems to have been the target of a bullish “attack”: obscene one-day gains that are probably not fully justified by business fundamentals have been followed by a quick but partial pullback. This type of price movement, in our view, is enough to grant CAR the status of “meme stock”.\nThis being the case, we suggest caution. Volatility in CAR stock has shot through the roof, presenting oversized gain opportunities as well as risk of painful losses. It is nearly impossible to project at what price levels Avis shares are likely to trade going forward – but too easy to predict a bumpy ride ahead.","news_type":1,"symbols_score_info":{"CAR":0.9}},"isVote":1,"tweetType":1,"viewCount":473,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":9,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/842366333"}
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