For its second fiscal quarter (ending March 31), Ark Restaurants Corp. (NASDAQ: ARKR) has reported E.P.S. of $-0.40 compared to $-0.13 a year ago. E.P.S. were $-2.01 for the latest four quarters through March 31 versus $2.03 for the same period a year ago — a decline of -199%.
Recent Price Action
On 5/13/24, Ark Restaurants Corp. (NASDAQ: ARKR) stock declined by -2.9%, closing at $13.44. However, trading volume in this decline was below average at 78% of normal. Relative to the market the stock has been weak over the last nine months and has declined -0.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, ARKR is expected to be Value Creation neutral.
Ark Restaurants has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Ark Restaurants has a poor Appreciation Score of 30 and a poor Power Rating of 27, with the Lowest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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