Avis Budget Group Inc. (CAR)
Avis Budget Statistics
Share Statistics
Avis Budget has 35.11M shares outstanding. The number of shares has increased by -0.94% in one year.
| Shares Outstanding | 35.11M |
| Shares Change (YoY) | -0.94% |
| Shares Change (QoQ) | -1.47% |
| Owned by Institutions (%) | 99.99% |
| Shares Floating | 33.98M |
| Failed to Deliver (FTD) Shares | 199 |
| FTD / Avg. Volume | 0.03% |
Short Selling Information
The latest short interest is 2.32M, so 6.61% of the outstanding shares have been sold short.
| Short Interest | 2.32M |
| Short % of Shares Out | 6.61% |
| Short % of Float | 6.83% |
| Short Ratio (days to cover) | 3.79 |
Valuation Ratios
The PE ratio is -1.57 and the forward PE ratio is 9.23. Avis Budget's PEG ratio is 0.01.
| PE Ratio | -1.57 |
| Forward PE | 9.23 |
| PS Ratio | 0.24 |
| Forward PS | 0.2 |
| PB Ratio | -1.23 |
| P/FCF Ratio | 0.86 |
| PEG Ratio | 0.01 |
Enterprise Valuation
Avis Budget Group Inc. has an Enterprise Value (EV) of 32.68B.
| EV / Earnings | -17.95 |
| EV / Sales | 2.77 |
| EV / EBITDA | -16.05 |
| EV / EBIT | 7.39 |
| EV / FCF | 9.86 |
Financial Position
The company has a current ratio of 0.75, with a Debt / Equity ratio of -3.39.
| Current Ratio | 0.75 |
| Quick Ratio | 0.75 |
| Debt / Equity | -3.39 |
| Total Debt / Capitalization | 141.93 |
| Cash Flow / Debt | 0.45 |
| Interest Coverage | 12.35 |
Financial Efficiency
Return on equity (ROE) is 0.78% and return on capital (ROIC) is 55.02%.
| Return on Equity (ROE) | 0.78% |
| Return on Assets (ROA) | -0.19% |
| Return on Capital (ROIC) | 55.02% |
| Revenue Per Employee | $693,470.59 |
| Profits Per Employee | $-107,117.65 |
| Employee Count | 17,000 |
| Asset Turnover | 1.22 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -810M |
| Effective Tax Rate | 0.31 |
Stock Price Statistics
The stock price has increased by -30.36% in the last 52 weeks. The beta is 2.25, so Avis Budget's price volatility has been higher than the market average.
| Beta | 2.25 |
| 52-Week Price Change | -30.36% |
| 50-Day Moving Average | 86.44 |
| 200-Day Moving Average | 93.37 |
| Relative Strength Index (RSI) | 31.82 |
| Average Volume (20 Days) | 642.85K |
Income Statement
In the last 12 months, Avis Budget had revenue of 11.79B and earned -1.82B in profits. Earnings per share was -51.3.
| Revenue | 11.79B |
| Gross Profit | 5.78B |
| Operating Income | 4.42B |
| Net Income | -1.82B |
| EBITDA | -2.04B |
| EBIT | 4.42B |
| Earnings Per Share (EPS) | -51.3 |
Balance Sheet
The company has 534M in cash and 7.88B in debt, giving a net cash position of -7.34B.
| Cash & Cash Equivalents | 534M |
| Total Debt | 7.88B |
| Net Cash | -7.34B |
| Retained Earnings | 2.03B |
| Total Assets | 29.04B |
| Working Capital | -686M |
Cash Flow
In the last 12 months, operating cash flow was 3.52B and capital expenditures -202M, giving a free cash flow of 3.32B.
| Operating Cash Flow | 3.52B |
| Capital Expenditures | -202M |
| Free Cash Flow | 3.32B |
| FCF Per Share | 93.41 |
Margins
Gross margin is 48.99%, with operating and profit margins of 37.52% and -15.45%.
| Gross Margin | 48.99% |
| Operating Margin | 37.52% |
| Pretax Margin | -22.28% |
| Profit Margin | -15.45% |
| EBITDA Margin | -17.27% |
| EBIT Margin | 37.52% |
| FCF Margin | 28.13% |
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 |
| Payout Ratio | n/a |
| Earnings Yield | -69.2% |
| FCF Yield | 127.4% |
Analyst Forecast
The average price target for CAR is $140, which is 88.9% higher than the current price. The consensus rating is "Hold".
| Price Target | $140 |
| Price Target Difference | 88.9% |
| Analyst Consensus | Hold |
| Analyst Count | 8 |
Stock Splits
The last stock split was on Sep 5, 2006. It was a backward split with a ratio of 1:10.
| Last Split Date | Sep 5, 2006 |
| Split Type | backward |
| Split Ratio | 1:10 |
Scores
| Altman Z-Score | 0.35 |
| Piotroski F-Score | 4 |