IAA

IAA Inc

Industrial/Transportation


Presented:03/23/2020
Price:$25.30
Cap:$3.39B
Current Price:$39.89
Cap:$5.32B

Presented

Date03/23/2020
Price$25.30
Market Cap$3.39B
Ent Value$8.21B
P/E RatioN/A
Book ValueN/A
Div Yield0%
Shares O/S133.93M
Ave Daily Vol1,112,029
Short IntN/A

Current

Price$39.89
Market Cap$5.32B
IAA, Inc. engages in the provision of auction solutions for total loss, damaged and low-value vehicles. Its solutions focuses on a diverse set of global customers, provide buyers with rebuild requirements, replacement part inventory and scrap demand. It operates through the following segments: United States and International. The company was founded in 1982 and is headquartered in Westchester, IL.

Publicly traded companies mentioned herein: IAA Inc. (IAA), KAR Auction Services (KAR)

Highlights 

The presenter is long shares of IAA Inc. (IAA), a $3.8B company that provides auction and salvage solutions for total loss, damaged, and low-value vehicles in the US. The stock has declined ~40% from the peak in the past two months and is currently trading at ~7x of the presenter’s 2021 earnings estimate. 

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Idea Discussion

Commentor 1 - 2 weeks ago

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