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ARKO Corp. (ARKO) Dips More Than Broader Market: What You Should Know
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In the latest trading session, ARKO Corp. (ARKO - Free Report) closed at $5.01, marking a -3.47% move from the previous day. This change lagged the S&P 500's 1.51% loss on the day. Elsewhere, the Dow saw a downswing of 0.97%, while the tech-heavy Nasdaq depreciated by 2.01%.
The stock of company has fallen by 16.29% in the past month, lagging the Consumer Staples sector's loss of 8.75% and the S&P 500's loss of 3.63%.
The upcoming earnings release of ARKO Corp. will be of great interest to investors. It is anticipated that the company will report an EPS of -$0.16, marking a 33.33% fall compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $1.66 billion, indicating a 9.39% downward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $0.26 per share and revenue of $7.25 billion, which would represent changes of +73.33% and -5.08%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for ARKO Corp. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 116.67% upward. As of now, ARKO Corp. holds a Zacks Rank of #2 (Buy).
From a valuation perspective, ARKO Corp. is currently exchanging hands at a Forward P/E ratio of 19.96. This represents a premium compared to its industry average Forward P/E of 19.
The Consumer Products - Staples industry is part of the Consumer Staples sector. At present, this industry carries a Zacks Industry Rank of 152, placing it within the bottom 38% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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ARKO Corp. (ARKO) Dips More Than Broader Market: What You Should Know
In the latest trading session, ARKO Corp. (ARKO - Free Report) closed at $5.01, marking a -3.47% move from the previous day. This change lagged the S&P 500's 1.51% loss on the day. Elsewhere, the Dow saw a downswing of 0.97%, while the tech-heavy Nasdaq depreciated by 2.01%.
The stock of company has fallen by 16.29% in the past month, lagging the Consumer Staples sector's loss of 8.75% and the S&P 500's loss of 3.63%.
The upcoming earnings release of ARKO Corp. will be of great interest to investors. It is anticipated that the company will report an EPS of -$0.16, marking a 33.33% fall compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $1.66 billion, indicating a 9.39% downward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $0.26 per share and revenue of $7.25 billion, which would represent changes of +73.33% and -5.08%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for ARKO Corp. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 116.67% upward. As of now, ARKO Corp. holds a Zacks Rank of #2 (Buy).
From a valuation perspective, ARKO Corp. is currently exchanging hands at a Forward P/E ratio of 19.96. This represents a premium compared to its industry average Forward P/E of 19.
The Consumer Products - Staples industry is part of the Consumer Staples sector. At present, this industry carries a Zacks Industry Rank of 152, placing it within the bottom 38% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.