Arcos Dorados Holdings Inc (NYSE: ARCO) has reported E.P.S. of $0.13 for its second fiscal quarter (ending June 30) versus $0.13 for the same period a year ago. E.P.S. were $0.80 for the latest four quarters through June 30 versus $0.79 for the same period a year ago.
Recent Price Action
On 8/14/24, Arcos Dorados Holdings Inc (NYSE: ARCO) stock declined slightly by -0.6%, closing at $10.04. Moreover, exceptionally high trading volume at 213% of normal accompanied the decline. The stock has been extremely weak relative to the market over the last nine months but has risen 7.0% during the last week.
Current PriceTarget Research Rating
ARCO is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Arcos Dorados Holdings has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Arcos Dorados Holdings has a neutral Appreciation Score of 58 but a very low Power Rating of 7, resulting in the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
Be the first to comment