Arcos Dorados Holdings Inc. [ARCO] has traded in a range of $2.92 to $8.29 in the last 1 year. As of this writing, the stock is at $5.19, up 5.27%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, ARCO shares are 1.02% up with the monthly amount drift of 22.03% and seems well in a long time frame.
On 11, November 2020, Arcos Dorados Reports Third Quarter 2020 Financial Results. According to news published on Yahoo Finance, The Company is solidly in the Recovery Phase of its Plan, with September systemwide comparable sales already at about 85% of the prior year.
Analyst Birdseye View:
The most recent analyst activity for Arcos Dorados Holdings Inc. [NYSE:ARCO] stock was on October 21, 2019, when it was Upgrade with a Buy rating from BofA/Merrill. On July 10, 2019, JP Morgan Initiated an Overweight rating. On January 22, 2019, BofA/Merrill Downgrade an Underperform rating. On November 15, 2017, HSBC Securities Initiated a Buy rating and increased its price target to $12. On August 28, 2017, Citigroup Upgrade a Buy rating. On April 11, 2017, BofA/Merrill Upgrade a Buy rating.
In the past 52 weeks of trading, this stock has oscillated between a low of $2.92 and a peak of $8.29. Right now, the middling Wall Street analyst 12-month amount mark is $6.46. At the most recent market close, shares of Arcos Dorados Holdings Inc. [NYSE:ARCO] were valued at $5.19. According to the average price forecast, investors can expect a potential return of 2.01%.
Arcos Dorados Holdings Inc. [NYSE:ARCO] most recently reported quarterly sales of 466.8 billion, which represented growth of -37.80%. This publicly-traded organization’s revenue is $36,597 per employee, while its income is $988 per employee. This company’s Gross Margin is currently 6.90%, its Operating Margin is -1.30%, its Pretax Margin is +4.02, and its Net Margin is +2.70. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 3.86, 19.64, 10.73 and 5.46 respectively.
If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 78.87 and the whole liability to whole assets at 61.46. It shows enduring liability to the whole principal at 74.52 and enduring liability to assets at 0.58 while looking for an extended time period.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 4.82 points at 1st support level, the second support level is making up to 4.72. But as of 1st resistance point, this stock is sitting at 5.00 and at 5.07 for 2nd resistance point.
Arcos Dorados Holdings Inc. [ARCO] reported its earnings at -$0.14 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.17/share signifying the difference of 0.03 and 17.60% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were -$0.43 calling estimates for -$0.37/share with the difference of -0.06 depicting the surprise of -16.20%.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for Arcos Dorados Holdings Inc. [NYSE:ARCO] is 0.80. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.20. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.56 and it’s amount to book ratio is 3.93.