Arcos Dorados Holdings Inc (NYSE:ARCO) shares, rose in value, with the stock price up by 0.84% to the previous day’s close as strong demand from buyers drove the stock to $10.84.
Actively observing the price movement in the last trading, the stock closed the session at $10.75. The PE ratio was 12.69 over 12-month period. Referring to stock’s 52-week performance, its high was $13.20, and the low was $7.78. On the whole, ARCO has fluctuated by -1.63% over the past month.
The company’s Forward Dividend Ratio is 0.20, with its dividend yield at 1.85%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 4.56B, with a low estimate of 1.02B and a high estimate of 1.02B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.02B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ARCO’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.30, with the price of ARCO currently trading nearly -0.94% and -3.97% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.57, while the 7-day volatility ratio is showing 2.11% which for the 30-day chart, stands at 2.38%. Furthermore, Arcos Dorados Holdings Inc (ARCO)’s beta value is 1.26, and its average true range (ATR) is 0.29.
A comparison of Arcos Dorados Holdings Inc (ARCO) with its peers suggests the former has fared considerably weaker in the market. ARCO showed an intraday change of 0.84% in last session, and over the past year, it grew by 38.44%%.
Data on historical trading for Arcos Dorados Holdings Inc (NYSE:ARCO) indicates that the trading volumes over the past 3 months, they’ve averaged 1.19 million. According to company’s latest data on outstanding shares, there are 210.66 million shares outstanding.
Nearly 41.08% of Arcos Dorados Holdings Inc’s shares belong to company insiders and institutional investors own 43.11% of the company’s shares. The stock has fallen by -14.58% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ARCO stock heading into the next quarter.
