Daily Market Movement: ARKO Corp (ARKO) Sees a 0.22 Increase, Closing at 4.49

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The closing price of ARKO Corp (NASDAQ: ARKO) was $4.49 for the day, up 0.22% from the previous closing price of $4.48. In other words, the price has increased by $0.22 from its previous closing price. On the day, 0.55 million shares were traded. ARKO stock price reached its highest trading level at $4.66 during the session, while it also had its lowest trading level at $4.455.

Ratios:

Our analysis of ARKO’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.61. For the most recent quarter (mrq), Quick Ratio is recorded 1.03 and its Current Ratio is at 1.54. In the meantime, Its Debt-to-Equity ratio is 6.73 whereas as Long-Term Debt/Eq ratio is at 6.48.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BMO Capital Markets on November 14, 2023, Downgraded its rating to Market Perform and sets its target price to $8 from $10 previously.

On August 09, 2023, Odeon started tracking the stock assigning a Buy rating and target price of $11.

On May 25, 2022, Wells Fargo started tracking the stock assigning a Equal Weight rating and target price of $7.75.Wells Fargo initiated its Equal Weight rating on May 25, 2022, with a $7.75 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 28 ’24 when Willner Morris sold 2,792,631 shares for $6.76 per share. The transaction valued at 18,878,186 led to the insider holds 11,683,980 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ARKO now has a Market Capitalization of 538795456 and an Enterprise Value of 2929394944. As of this moment, ARKO’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.95, and their Forward P/E ratio for the next fiscal year is 119.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06 while its Price-to-Book (P/B) ratio in mrq is 1.89. Its current Enterprise Value per Revenue stands at 0.311 whereas that against EBITDA is 11.249.

Stock Price History:

Over the past 52 weeks, ARKO has reached a high of $8.90, while it has fallen to a 52-week low of $4.48. The 50-Day Moving Average of the stock is -29.49%, while the 200-Day Moving Average is calculated to be -39.55%.

Shares Statistics:

ARKO traded an average of 327.89K shares per day over the past three months and 364160 shares per day over the past ten days. A total of 116.17M shares are outstanding, with a floating share count of 74.98M. Insiders hold about 37.52% of the company’s shares, while institutions hold 57.21% stake in the company. Shares short for ARKO as of 1711584000 were 2939645 with a Short Ratio of 8.97, compared to 1709164800 on 2893537. Therefore, it implies a Short% of Shares Outstanding of 2939645 and a Short% of Float of 4.8899997.

Dividends & Splits

With its trailing 12-month dividend rate of 0.12, ARKO has a forward annual dividend rate of 0.12.

Earnings Estimates

The stock of ARKO Corp (ARKO) is currently in the spotlight, with ARKX analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $42.91, with high estimates of $23.55 and low estimates of $27.15.

EPS for the following year is $ETF, with Stocks analysts recommending between $ETF and $ETF.

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