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.
Here's Why ARKO Corp. (ARKO) Fell More Than Broader Market
Read MoreHide Full Article
ARKO Corp. (ARKO - Free Report) closed the most recent trading day at $7.75, moving -0.9% from the previous trading session. This change lagged the S&P 500's 0.43% loss on the day. Elsewhere, the Dow lost 1.01%, while the tech-heavy Nasdaq lost 0.47%.
Coming into today, shares of the company had gained 18.13% in the past month. In that same time, the Consumer Staples sector lost 0.05%, while the S&P 500 gained 2.6%.
The investment community will be paying close attention to the earnings performance of ARKO Corp. in its upcoming release. The company is slated to reveal its earnings on February 26, 2025. Our most recent consensus estimate is calling for quarterly revenue of $2.15 billion, down 3.64% from the year-ago period.
It is also important to note the recent changes to analyst estimates for ARKO Corp. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. ARKO Corp. is currently sporting a Zacks Rank of #3 (Hold).
In terms of valuation, ARKO Corp. is presently being traded at a Forward P/E ratio of 20.58. This denotes a discount relative to the industry's average Forward P/E of 21.14.
The Consumer Products - Staples industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 90, which puts it in the top 36% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ARKO in the coming trading sessions, be sure to utilize Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Here's Why ARKO Corp. (ARKO) Fell More Than Broader Market
ARKO Corp. (ARKO - Free Report) closed the most recent trading day at $7.75, moving -0.9% from the previous trading session. This change lagged the S&P 500's 0.43% loss on the day. Elsewhere, the Dow lost 1.01%, while the tech-heavy Nasdaq lost 0.47%.
Coming into today, shares of the company had gained 18.13% in the past month. In that same time, the Consumer Staples sector lost 0.05%, while the S&P 500 gained 2.6%.
The investment community will be paying close attention to the earnings performance of ARKO Corp. in its upcoming release. The company is slated to reveal its earnings on February 26, 2025. Our most recent consensus estimate is calling for quarterly revenue of $2.15 billion, down 3.64% from the year-ago period.
It is also important to note the recent changes to analyst estimates for ARKO Corp. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. ARKO Corp. is currently sporting a Zacks Rank of #3 (Hold).
In terms of valuation, ARKO Corp. is presently being traded at a Forward P/E ratio of 20.58. This denotes a discount relative to the industry's average Forward P/E of 21.14.
The Consumer Products - Staples industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 90, which puts it in the top 36% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ARKO in the coming trading sessions, be sure to utilize Zacks.com.