Is AutoNation’s Stock Overvalued Compared To Avis Budget?
- Monday, September 21, 2020, 7:11
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An automotive retailer which deals in new and pre-owned vehicles, Aut0Nation’s P/S (price-to-sales) multiple of 0.2x is similar to the figure of 0.2x for Avis Budget Group, a global car rentals provider. So, is Autonation stock appropriately priced compared to Avis Budget Group stock? We believe…