Arcos Dorados Holdings Inc [ARCO] stock is trading at $11.15, down -1.15%. An important factor to consider is whether the stock is rising or falling in short-term value. The ARCO shares have gain 1.73% over the last week, with a monthly amount drifted -3.30%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 13, March 2024, Arcos Dorados Reports Strong Fourth Quarter and Full Year 2023 Financial Results. In a post published today on Yahoo Finance, Total revenues reached $1.2 billion in the fourth quarter and $4.3 billion for the full year 2023, the Company’s strongest US dollar results for both periods.
From an analyst’s perspective:
Arcos Dorados Holdings Inc [NYSE: ARCO] stock has seen the most recent analyst activity on December 01, 2023, when Jefferies initiated its Buy rating and assigned the stock a price target of $15. Previously, Barclays started tracking the stock with Overweight rating on September 27, 2022, and set its price target to $9. On April 04, 2022, downgrade downgraded it’s rating to Hold but maintained its price target of $8 on the stock. BofA Securities upgraded its rating to a Buy and increased its price target to $10 on March 24, 2022. Credit Suisse upgraded its rating to a Outperform but $9.50 remained the price target by the analyst firm on February 23, 2022. Goldman upgraded its rating to Buy for this stock on January 19, 2022, and upped its price target to $7. In a note dated September 20, 2021, BofA Securities downgraded an Neutral rating on this stock.
Arcos Dorados Holdings Inc [ARCO] stock has fluctuated between $7.04 and $13.20 over the past year. Currently, Wall Street analysts expect the stock to reach $10 within the next 12 months. Arcos Dorados Holdings Inc [NYSE: ARCO] shares were valued at $11.15 at the most recent close of the market. An investor can expect a potential drop of -10.31% based on the average ARCO price forecast.
Analyzing the ARCO fundamentals
Arcos Dorados Holdings Inc [NYSE:ARCO] reported sales of 4.33B for the trailing twelve months, which represents a growth of 15.40%. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.47 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.66.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.05 points at the first support level, and at 10.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.25, and for the 2nd resistance point, it is at 11.34.
Arcos Dorados Holdings Inc [ARCO] reported earnings per share of $0.26 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.31/share, meaning a difference of -$0.05 and a surprise factor of -16.10%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.28 per share as compared to estimates of $0.22 per share, a difference of $0.06 representing a surprise of 27.30%.
Ratios To Look Out For
For context, Arcos Dorados Holdings Inc’s Current Ratio is 0.77. On the other hand, the Quick Ratio is 0.71, and the Cash Ratio is 0.21. Considering the valuation of this stock, the price to sales ratio is 0.54, the price to book ratio is 5.32 and price to earnings (TTM) ratio is 13.05.
