Currently, there are 210.66M common shares owned by the public and among those 121.18M shares have been available to trade.
The company’s stock has a 5-day price change of 1.94% and 2.94% over the past three months. ARCO shares are trading 1.10% year to date (YTD), with the 12-month market performance down to -30.83% lower. It has a 12-month low price of $6.66 and touched a high of $11.49 over the same period. ARCO has an average intraday trading volume of 1.68 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.06%, -6.98%, and -12.96% respectively.
Institutional ownership of Arcos Dorados Holdings Inc (NYSE: ARCO) shares accounts for 50.65% of the company’s 210.66M shares outstanding.
It has a market capitalization of $1.55B and a beta (3y monthly) value of 0.68. The stock’s trailing 12-month PE ratio is 10.61, while the earnings-per-share (ttm) stands at $0.69. The company has a PEG of 0.79 and a Quick Ratio of 0.54 with the debt-to-equity ratio at 3.39. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.86% over the week and 4.37% over the month.
Analysts forecast that Arcos Dorados Holdings Inc (ARCO) will achieve an EPS of 0 for the current quarter, 0 for the next quarter and 0.85 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0 while analysts give the company a high EPS estimate of 0. Earnings per share for the fiscal year are expected to decrease by -3.87%, and 19.29% over the next financial year. EPS should grow at an annualized rate of 13.45% over the next five years, compared to 12.81% over the past 5-year period.
Looking at the support for the ARCO, a number of firms have released research notes about the stock. Jefferies stated their Buy rating for the stock in a research note on December 01, 2023, with the firm’s price target at $15. Barclays coverage for the Arcos Dorados Holdings Inc (ARCO) stock in a research note released on September 27, 2022 offered a Overweight rating with a price target of $9. HSBC Securities was of a view on April 04, 2022 that the stock is Hold, while BofA Securities gave the stock Buy rating on March 24, 2022, issuing a price target of $7.80- $10. Credit Suisse on their part issued Outperform rating on February 23, 2022.
