In the latest session, Arcos Dorados Holdings Inc. (NYSE: ARCO) closed at $8.71 up 0.58% from its previous closing price of $8.66. In other words, the price has increased by $+0.05 from its previous closing price. On the day, 1094602 shares were traded. ARCO stock price reached its highest trading level at $8.74 during the session, while it also had its lowest trading level at $8.49.
Top 5 EV Tech Stocks to Buy for 2023
According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.
Click Here to Download the FREE Report.
Sponsored
Ratios:
For a deeper understanding of Arcos Dorados Holdings Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.87. For the most recent quarter (mrq), Quick Ratio is recorded 0.80 and its Current Ratio is at 0.90. In the meantime, Its Debt-to-Equity ratio is 2.06 whereas as Long-Term Debt/Eq ratio is at 2.00.
Upgrades & Downgrades
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ARCO now has a Market Capitalization of 1.90B and an Enterprise Value of 3.15B. As of this moment, Arcos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.08, and their Forward P/E ratio for the next fiscal year is 9.95. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.51 while its Price-to-Book (P/B) ratio in mrq is 5.18. Its current Enterprise Value per Revenue stands at 0.83 whereas that against EBITDA is 11.02.
Stock Price History:
Over the past 52 weeks, ARCO has reached a high of $9.26, while it has fallen to a 52-week low of $6.23. The 50-Day Moving Average of the stock is 7.97, while the 200-Day Moving Average is calculated to be 7.81.
Shares Statistics:
For the past three months, ARCO has traded an average of 832.18K shares per day and 1.25M over the past ten days. A total of 210.59M shares are outstanding, with a floating share count of 129.35M. Insiders hold about 3.70% of the company’s shares, while institutions hold 42.50% stake in the company. Shares short for ARCO as of Apr 27, 2023 were 999.35k with a Short Ratio of 1.00M, compared to 446.89k on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 0.47% and a Short% of Float of 1.00%.
Dividends & Splits
According to the company, the forward annual dividend rate for ARCO is 0.21, from 0.00 in the trailing year. Against a Trailing Annual Dividend Yield of 0.00%, it implies a Forward Annual Dividend Yield of 1.78%. The current Payout Ratio is 21.90% for ARCO, which recently paid a dividend on Dec 26, 2023 with an ex-dividend date of Jun 21, 2023. Stock splits for the company last occurred on Jul 12, 2021 when the company split stock in a 71:70 ratio.
Earnings Estimates
There are 3 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.14 for the current quarter, with a high estimate of $0.15 and a low estimate of $0.13, while EPS last year was $0.07. The consensus estimate for the next quarter is $0.2, with high estimates of $0.21 and low estimates of $0.19.
Analysts are recommending an EPS of between $0.76 and $0.71 for the fiscal current year, implying an average EPS of $0.73. EPS for the following year is $0.87, with 7 analysts recommending between $1.12 and $0.78.
Revenue Estimates
A total of 2 analysts believe the company’s revenue will be $965.46M this quarter.It ranges from a high estimate of $976M to a low estimate of $954.92M. As of the current estimate, Arcos Dorados Holdings Inc.’s year-ago sales were $883.9M, an estimated increase of 9.20% from the year-ago figure.
A total of 8 analysts have provided revenue estimates for ARCO’s current fiscal year. The highest revenue estimate was $4.48B, while the lowest revenue estimate was $3.7B, resulting in an average revenue estimate of $4.14B. In the same quarter a year ago, actual revenue was $3.6B, up 14.90% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $4.45B in the next fiscal year. The high estimate is $4.91B and the low estimate is $4.22B. The average revenue growth estimate for next year is up 7.70% from the average revenue estimate for this year.