Earnings Alerts

Localiza Rent A Car Sa (RENT3) Earnings: An In-Depth Analysis of 1Q Net Debt and Fleet Size

  • The net debt of Localiza stands at R$30.12 billion as per Q1 analysis.
  • The fleet size of Localiza is reported to be 627,127 vehicles.
  • There have been 12 buys and 4 holds towards Localiza’s stocks, with no sell-off reports.
  • A call is scheduled for May 10, in Sao Paulo time, without specific time mentioned.

A look at Localiza Rent A Car Sa Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth3
Resilience2
Momentum2
OVERALL SMART SCORE2.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on Smartkarma Smart Scores, Localiza Rent A Car SA shows a mixed long-term outlook. With a Growth score of 3, the company seems to have potential for expansion and development. However, its Value, Resilience, and Momentum scores are average, indicating some areas of improvement to sustain and increase its overall performance. The Dividend score being the lowest at 1 suggests that the company may not be as appealing for income-seeking investors.

Localiza Rent A Car SA is a car rental company operating in Brazil and Latin America primarily through airport locations. In addition to renting out automobiles, the company also engages in the sale of used cars and offers fleet management services. While the Growth score hints at potential for growth, the overall Smart Scores point towards a need for enhancement in various aspects to drive long-term success and profitability for Localiza.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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