Edward Linnen - Avis Budget President

CAR Stock  USD 101.64  2.58  2.60%   

President

Mr. Edward P. Linnen is the Chief Human Resource Officer, Executive Vice President of Avis Budget Group, Inc. since January 2015. Previously, Mr. Linnen held the title of Senior Vice President, Chief Human Resources Officer from February 2013 until January 2015, and Senior Vice President, Human Resources for North America from October 2011 to February 2013. Mr. Linnen joined the Company in 2001, and served in several positions in the Companys human resources function, including as Vice President, Labor Relations International Human Resources, Vice President, Domestic Human Resources, and Field Human Resources Director. Prior to joining the Company, Mr. Linnen served in various positions within human resources at Kraft Foods Inc. and Nabisco, Inc. since 2015.
Age 54
Tenure 9 years
Address 379 Interpace Parkway, Parsippany, NJ, United States, 07054
Phone973 496 4700
Webhttps://www.avisbudgetgroup.com

Avis Budget Management Efficiency

The company has Return on Asset of 0.0329 % which means that on every $100 spent on assets, it made $0.0329 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 11/22/2024, 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 11/22/2024, 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.
Avis Budget Group 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. Note however, debt could still be an excellent tool for Avis to invest in growth at high rates of return.

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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 Passenger 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
Bernardo Hees, NonIndependent Chairman
Izilda Martins, Executive CFO
Vanessa Wolczak, Head Marketing
Gerard Insall, CIO and Executive VP
Edward Linnen, Chief Human Resource Officer, Senior Vice President
Patrick Rankin, Pres International
Cathleen DeGenova, Chief Accounting Officer
Stephen Wright, Partnerships Travel
Ravindra Simhambhatla, Executive Officer
David Calabria, Chief Accounting Officer and Sr. VP
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.

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

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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

Additional 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.