Avis Budget Group Statistics
Total Valuation
CAR has a market cap or net worth of $3.66 billion. The enterprise value is $28.99 billion.
| Market Cap | 3.66B |
| Enterprise Value | 28.99B |
Important Dates
The next estimated earnings date is Friday, May 3, 2024, after market close.
| Earnings Date | May 3, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
CAR has 35.47 million shares outstanding. The number of shares has decreased by -12.65% in one year.
| Shares Outstanding | 35.47M |
| Shares Change (YoY) | -12.65% |
| Shares Change (QoQ) | -6.50% |
| Owned by Insiders (%) | 2.81% |
| Owned by Institutions (%) | 95.92% |
| Float | 17.27M |
Valuation Ratios
The trailing PE ratio is 2.45 and the forward PE ratio is 6.40. CAR's PEG ratio is 1.76.
| PE Ratio | 2.45 |
| Forward PE | 6.40 |
| PS Ratio | 0.31 |
| Forward PS | 0.31 |
| PB Ratio | n/a |
| P/FCF Ratio | n/a |
| PEG Ratio | 1.76 |
Enterprise Valuation
| EV / Earnings | 17.76 |
| EV / Sales | 2.41 |
| EV / EBITDA | 5.12 |
| EV / EBIT | 13.13 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.80
| Current Ratio | 0.80 |
| Quick Ratio | 0.71 |
| Debt / Equity | n/a |
| Debt / EBITDA | 4.57 |
| Debt / FCF | n/a |
| Interest Coverage | 7.46 |
Financial Efficiency
Return on equity (ROE) is -683.60% and return on invested capital (ROIC) is 7.41%.
| Return on Equity (ROE) | -683.60% |
| Return on Assets (ROA) | 5.30% |
| Return on Capital (ROIC) | 7.41% |
| Revenue Per Employee | $490,122 |
| Profits Per Employee | $66,612 |
| Employee Count | 24,500 |
| Asset Turnover | 0.39 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, CAR has paid $279.00 million in taxes.
| Income Tax | 279.00M |
| Effective Tax Rate | 14.60% |
Stock Price Statistics
The stock price has decreased by -40.48% in the last 52 weeks. The beta is 2.23, so CAR's price volatility has been higher than the market average.
| Beta (1Y) | 2.23 |
| 52-Week Price Change | -40.48% |
| 50-Day Moving Average | 112.62 |
| 200-Day Moving Average | 172.24 |
| Relative Strength Index (RSI) | 32.81 |
| Average Volume (30 Days) | 906,714 |
Short Selling Information
The latest short interest is 3.29 million, so 9.27% of the outstanding shares have been sold short.
| Short Interest | 3.29M |
| Short Previous Month | 3.10M |
| Short % of Shares Out | 9.27% |
| Short % of Float | 19.03% |
| Short Ratio (days to cover) | 4.29 |
Income Statement
In the last 12 months, CAR had revenue of $12.01 billion and earned $1.63 billion in profits. Earnings per share was $42.08.
| Revenue | 12.01B |
| Gross Profit | 3.86B |
| Operating Income | 2.22B |
| Pretax Income | 1.91B |
| Net Income | 1.63B |
| EBITDA | 5.66B |
| EBIT | 2.21B |
| Earnings Per Share (EPS) | $42.08 |
Balance Sheet
The company has $555.00 million in cash and $25.88 billion in debt, giving a net cash position of -$25.32 billion or -$713.84 per share.
| Cash & Cash Equivalents | 555.00M |
| Total Debt | 25.88B |
| Net Cash | -25.32B |
| Net Cash Per Share | -$713.84 |
| Equity / Book Value | -349.00M |
| Book Value Per Share | -9.84 |
| Working Capital | -520.00M |
Cash Flow
In the last 12 months, operating cash flow was $3.83 billion and capital expenditures -$7.06 billion, giving a free cash flow of -$3.23 billion.
| Operating Cash Flow | 3.83B |
| Capital Expenditures | -7.06B |
| Free Cash Flow | -3.23B |
| FCF Per Share | -$89.09 |
Margins
Gross margin is 32.13%, with operating and profit margins of 18.45% and 13.59%.
| Gross Margin | 32.13% |
| Operating Margin | 18.45% |
| Pretax Margin | 15.91% |
| Profit Margin | 13.59% |
| EBITDA Margin | 47.11% |
| EBIT Margin | 18.38% |
| FCF Margin | -26.87% |
Dividends & Yields
CAR does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 12.65% |
| Shareholder Yield | 12.65% |
| Earnings Yield | 44.54% |
| FCF Yield | -88.07% |
Analyst Forecast
The average price target for CAR is $172.86, which is 67.34% higher than the current price. The consensus rating is "Buy".
| Price Target | $172.86 |
| Price Target Difference | 67.34% |
| Analyst Consensus | Buy |
| Analyst Count | 7 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on September 5, 2006. It was a reverse split with a ratio of 1:10.
| Last Split Date | Sep 5, 2006 |
| Split Type | Reverse |
| Split Ratio | 1:10 |
Scores
CAR has an Altman Z-Score of 0.81 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.81 |
| Piotroski F-Score | 6 |