Mark Servodidio - Avis Budget President

CAR Stock  USD 103.30  0.68  0.66%   

President

Mr. Mark J. Servodidio is no longer President International of Avis Budget Group Inc., effective June 14, 2019. Previously, Mr. Servodidio held several positions with the Company, including Managing Director, Europe, Executive Vice President for Franchise and Corporationrationrate Services, Europe, Middle East and Africa, Executive Vice President and Chief Administrative Officer, Executive Vice President, Chief Human Resource Officer, and Executive Vice President, Human Resources. Mr. Servodidio joined Avis in April 2001 as Senior Vice President, Human Resources. Prior to joining Avis, Mr. Servodidio was with Kraft Foods, Inc. . Prior thereto, he served in various leadership roles at PepsiCo, Inc. since 2015.
Age 51
Tenure 9 years
Address 379 Interpace Parkway, Parsippany, NJ, United States, 07054
Phone973 496 4700
Webhttps://www.avisbudgetgroup.com
Servodidio received both his Bachelor of Arts and MSs Degrees from Villanova University.

Avis Budget Management Efficiency

The company has Return on Asset of 0.0636 % which means that on every $100 spent on assets, it made $0.0636 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (2.7305) %, meaning that it generated no profit with money invested by stockholders. Avis Budget's management efficiency ratios could be used to measure how well Avis Budget manages its routine affairs as well as how well it operates its assets and liabilities. As of 04/25/2024, Return On Capital Employed is likely to grow to 0.13, while Return On Tangible Assets are likely to drop 0.04. At this time, Avis Budget's Total Assets are relatively stable compared to the past year. As of 04/25/2024, Non Current Assets Total is likely to grow to about 32.8 B, while Total Current Assets are likely to drop slightly above 2 B.
The company has 26.45 B in debt. Avis Budget Group has a current ratio of 0.74, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Avis Budget until it has trouble settling it off, either with new capital or with free cash flow. So, Avis Budget's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Avis Budget Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Avis to invest in growth at high rates of return. When we think about Avis Budget's use of debt, we should always consider it together with cash and equity.

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Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers. Avis Budget Group, Inc. was founded in 1946 and is headquartered in Parsippany, New Jersey. Avis Budget operates under Rental Leasing Services classification in the United States and is traded on NASDAQ Exchange. It employs 16000 people. Avis Budget Group (CAR) is traded on NASDAQ Exchange in USA. It is located in 379 Interpace Parkway, Parsippany, NJ, United States, 07054 and employs 18,000 people. Avis Budget is listed under Ground Transportation category by Fama And French industry classification.

Management Performance

Avis Budget Group Leadership Team

Elected by the shareholders, the Avis Budget's board of directors comprises two types of representatives: Avis Budget inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Avis. The board's role is to monitor Avis Budget's management team and ensure that shareholders' interests are well served. Avis Budget's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Avis Budget's outside directors are responsible for providing unbiased perspectives on the board's policies.
Brian Choi, Executive Officer
Jean Sera, General VP
Martyn Smith, CFO
Bernardo Hees, NonIndependent Chairman
Izilda Martins, Executive CFO
Eduardo Mestre, Independent Director
Stender Sweeney, Independent Director
Vanessa Wolczak, Head Marketing
Francis Shammo, Independent Director
Gerard Insall, CIO and Executive VP
Robert Salerno, Independent Director
Patrick Rankin, Pres International
Alun Cathcart, Independent Director
Jeffrey Fox, Independent Director
Cathleen DeGenova, Chief Accounting Officer
Carl Sparks, Director
Mark Servodidio, Executive Vice President - Franchise and Corporate Services, EMEA
John Hardy, Independent Director
John North, CFO
Jagdeep Pahwa, Director
Ronald Nelson, Executive Chairman and Chairman of Executive Committee
Larry Shon, CEO, COO and Director
David Wyshner, Pres and CFO
David Calabria, Chief Accounting Officer and Sr. VP
Leonard Coleman, Presiding Independent Director
Neal Goldner, VP of Investor Relations
Sanoke Viswanathan, Independent Director
Arthur Orduna, Chief Innovation Officer
Lynn Krominga, Independent Director
Keith Rankin, President - International
Michael Tucker, Executive Vice President Chief Compliance Officer, General Counsel
Edward Linnen, Chief Human Resource Officer, Senior Vice President
Mary Choksi, Independent Director
Stephen Wright, Partnerships Travel
Glenn Lurie, Independent Director
Scott Deaver, Executive Vice President Chief Strategy and Development Officer
Ravindra Simhambhatla, Executive Officer
Joseph Ferraro, President - North America

Avis Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Avis Budget a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Avis Budget Investors Sentiment

The influence of Avis Budget's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Avis. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Avis Budget's public news can be used to forecast risks associated with an investment in Avis. The trend in average sentiment can be used to explain how an investor holding Avis can time the market purely based on public headlines and social activities around Avis Budget Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Avis Budget's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Avis Budget's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Avis Budget's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Avis Budget.

Avis Budget Implied Volatility

    
  102.46  
Avis Budget's implied volatility exposes the market's sentiment of Avis Budget Group stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Avis Budget's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Avis Budget stock will not fluctuate a lot when Avis Budget's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Avis Budget in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Avis Budget's short interest history, or implied volatility extrapolated from Avis Budget options trading.

Pair Trading with Avis Budget

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avis Budget position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avis Budget will appreciate offsetting losses from the drop in the long position's value.

Moving together with Avis Stock

  0.8VSTS VestisPairCorr

Moving against Avis Stock

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The ability to find closely correlated positions to Avis Budget could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avis Budget when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avis Budget - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avis Budget Group to buy it.
The correlation of Avis Budget is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avis Budget moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avis Budget Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Avis Budget can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Avis Budget Group is a strong investment it is important to analyze Avis Budget's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Avis Budget's future performance. For an informed investment choice regarding Avis Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avis Budget Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Avis Budget Group information on this page should be used as a complementary analysis to other Avis Budget's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary Tools for Avis Stock analysis

When running Avis Budget's price analysis, check to measure Avis Budget's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avis Budget is operating at the current time. Most of Avis Budget's value examination focuses on studying past and present price action to predict the probability of Avis Budget's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avis Budget's price. Additionally, you may evaluate how the addition of Avis Budget to your portfolios can decrease your overall portfolio volatility.
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Is Avis Budget's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Avis Budget. If investors know Avis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Avis Budget listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.29)
Earnings Share
42.08
Revenue Per Share
313.525
Quarterly Revenue Growth
(0)
Return On Assets
0.0636
The market value of Avis Budget Group is measured differently than its book value, which is the value of Avis that is recorded on the company's balance sheet. Investors also form their own opinion of Avis Budget's value that differs from its market value or its book value, called intrinsic value, which is Avis Budget's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Avis Budget's market value can be influenced by many factors that don't directly affect Avis Budget's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Avis Budget's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avis Budget is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avis Budget's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.