Gaining Ground: Arcos Dorados Holdings Inc (ARCO) Closes Lower at 8.22, Down -2.84

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The price of Arcos Dorados Holdings Inc (NYSE: ARCO) closed at $8.22 in the last session, down -2.84% from day before closing price of $8.46. In other words, the price has decreased by -$2.84 from its previous closing price. On the day, 0.68 million shares were traded. ARCO stock price reached its highest trading level at $8.415 during the session, while it also had its lowest trading level at $8.22.

Ratios:

We take a closer look at ARCO’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.57 and its Current Ratio is at 0.63. In the meantime, Its Debt-to-Equity ratio is 3.57 whereas as Long-Term Debt/Eq ratio is at 3.29.

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 this company, Jefferies on December 01, 2023, initiated with a Buy rating and assigned the stock a target price of $15.

On September 27, 2022, Barclays started tracking the stock assigning a Overweight rating and target price of $9.

HSBC Securities Downgraded its Buy to Hold on April 04, 2022, while the target price for the stock was maintained at $8.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 30 ’24 when Annette Franqui bought 200,000 shares for $1.00 per share.

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 1731649920 and an Enterprise Value of 3289504256. As of this moment, Arcos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.15, and their Forward P/E ratio for the next fiscal year is 9.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 3.69. Its current Enterprise Value per Revenue stands at 0.732 whereas that against EBITDA is 6.785.

Stock Price History:

Over the past 52 weeks, ARCO has reached a high of $13.20, while it has fallen to a 52-week low of $8.08. The 50-Day Moving Average of the stock is -9.92%, while the 200-Day Moving Average is calculated to be -22.51%.

Shares Statistics:

According to the various share statistics, ARCO traded on average about 1.22M shares per day over the past 3-months and 911150 shares per day over the past 10 days. A total of 130.65M shares are outstanding, with a floating share count of 124.13M. Insiders hold about 41.08% of the company’s shares, while institutions hold 44.81% stake in the company. Shares short for ARCO as of 1724976000 were 6163421 with a Short Ratio of 4.79, compared to 1722384000 on 5908220. Therefore, it implies a Short% of Shares Outstanding of 6163421 and a Short% of Float of 5.37.

Dividends & Splits

The forward annual dividend rate for ARCO is 0.22, which was 0.24 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.028368793

Earnings Estimates

The performance of Arcos Dorados Holdings Inc (ARCO) in the stock market is under the watchful eye of 2.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is $0.18, with high estimates of $0.23 and low estimates of $0.14.

Analysts are recommending an EPS of between $0.76 and $0.57 for the fiscal current year, implying an average EPS of $0.66. EPS for the following year is $0.82, with 6.0 analysts recommending between $0.91 and $0.68.

Revenue Estimates

According to 2 analysts, the current quarter’s revenue is expected to be $1.12B. It ranges from a high estimate of $1.14B to a low estimate of $1.09B. As of the current estimate, Arcos Dorados Holdings Inc’s year-ago sales were $1.13BFor the next quarter, 2 analysts are estimating revenue of $1.2B. There is a high estimate of $1.21B for the next quarter, whereas the lowest estimate is $1.18B.

A total of 6 analysts have provided revenue estimates for ARCO’s current fiscal year. The highest revenue estimate was $4.62B, while the lowest revenue estimate was $4.42B, resulting in an average revenue estimate of $4.52B. In the same quarter a year ago, actual revenue was $4.33BBased on 6 analysts’ estimates, the company’s revenue will be $4.86B in the next fiscal year. The high estimate is $5.1B and the low estimate is $4.52B.

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