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ARKO Corp. (ARKO) Stock Moves 2.59%: What You Should Know
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ARKO Corp. (ARKO - Free Report) ended the recent trading session at $4.35, demonstrating a +2.59% change from the preceding day's closing price. Meanwhile, the Dow experienced a drop of 0.36%, and the technology-dominated Nasdaq saw an increase of 0.45%.
Shares of the company witnessed a loss of 10.17% over the previous month, trailing the performance of the Consumer Staples sector with its loss of 3.8%, and the S&P 500's gain of 1.27%.
Analysts and investors alike will be keeping a close eye on the performance of ARKO Corp. in its upcoming earnings disclosure. The company is expected to report EPS of $0.12, up 20% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $1.91 billion, indicating a 5.31% decline compared to the corresponding quarter of the prior year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0.11 per share and a revenue of $7.66 billion, indicating changes of -26.67% and +0.26%, respectively, from the former year.
Any recent changes to analyst estimates for ARKO Corp. should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. ARKO Corp. is currently a Zacks Rank #5 (Strong Sell).
In terms of valuation, ARKO Corp. is presently being traded at a Forward P/E ratio of 38.54. This expresses a premium compared to the average Forward P/E of 18.68 of its industry.
The Consumer Products - Staples industry is part of the Consumer Staples sector. Currently, this industry holds a Zacks Industry Rank of 178, positioning it in the bottom 28% of all 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
View the Zacks #1 Rank List
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ARKO Corp. (ARKO) Stock Moves 2.59%: What You Should Know
ARKO Corp. (ARKO - Free Report) ended the recent trading session at $4.35, demonstrating a +2.59% change from the preceding day's closing price. Meanwhile, the Dow experienced a drop of 0.36%, and the technology-dominated Nasdaq saw an increase of 0.45%.
Shares of the company witnessed a loss of 10.17% over the previous month, trailing the performance of the Consumer Staples sector with its loss of 3.8%, and the S&P 500's gain of 1.27%.
Analysts and investors alike will be keeping a close eye on the performance of ARKO Corp. in its upcoming earnings disclosure. The company is expected to report EPS of $0.12, up 20% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $1.91 billion, indicating a 5.31% decline compared to the corresponding quarter of the prior year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0.11 per share and a revenue of $7.66 billion, indicating changes of -26.67% and +0.26%, respectively, from the former year.
Any recent changes to analyst estimates for ARKO Corp. should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. ARKO Corp. is currently a Zacks Rank #5 (Strong Sell).
In terms of valuation, ARKO Corp. is presently being traded at a Forward P/E ratio of 38.54. This expresses a premium compared to the average Forward P/E of 18.68 of its industry.
The Consumer Products - Staples industry is part of the Consumer Staples sector. Currently, this industry holds a Zacks Industry Rank of 178, positioning it in the bottom 28% of all 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.