We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
ARKO Corp. (ARKO) Stock Slides as Market Rises: Facts to Know Before You Trade
Read MoreHide Full Article
ARKO Corp. (ARKO - Free Report) closed the most recent trading day at $6.89, moving -0.29% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.28%. At the same time, the Dow added 0.15%, and the tech-heavy Nasdaq gained 0.15%.
The company's shares have seen an increase of 9.16% over the last month, surpassing the Consumer Staples sector's gain of 1.83% and the S&P 500's gain of 2%.
The investment community will be closely monitoring the performance of ARKO Corp. in its forthcoming earnings report. The company is expected to report EPS of $0.16, down 5.88% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $2.43 billion, showing a 7.41% drop compared to the year-ago quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.31 per share and a revenue of $9.18 billion, signifying shifts of +29.17% and -2.52%, respectively, from the last year.
Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for ARKO Corp. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. ARKO Corp. is currently sporting a Zacks Rank of #4 (Sell).
Valuation is also important, so investors should note that ARKO Corp. has a Forward P/E ratio of 22.66 right now. This indicates a premium in contrast to its industry's Forward P/E of 21.08.
The Consumer Products - Staples industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 140, which puts it in the bottom 45% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
ARKO Corp. (ARKO) Stock Slides as Market Rises: Facts to Know Before You Trade
ARKO Corp. (ARKO - Free Report) closed the most recent trading day at $6.89, moving -0.29% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.28%. At the same time, the Dow added 0.15%, and the tech-heavy Nasdaq gained 0.15%.
The company's shares have seen an increase of 9.16% over the last month, surpassing the Consumer Staples sector's gain of 1.83% and the S&P 500's gain of 2%.
The investment community will be closely monitoring the performance of ARKO Corp. in its forthcoming earnings report. The company is expected to report EPS of $0.16, down 5.88% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $2.43 billion, showing a 7.41% drop compared to the year-ago quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.31 per share and a revenue of $9.18 billion, signifying shifts of +29.17% and -2.52%, respectively, from the last year.
Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for ARKO Corp. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. ARKO Corp. is currently sporting a Zacks Rank of #4 (Sell).
Valuation is also important, so investors should note that ARKO Corp. has a Forward P/E ratio of 22.66 right now. This indicates a premium in contrast to its industry's Forward P/E of 21.08.
The Consumer Products - Staples industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 140, which puts it in the bottom 45% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.