Arcos Dorados Holdings Inc (NYSE: ARCO) stock closed at $9.99 on 10/1/24 after a major increase of 14.6%. Moreover, exceptionally high trading volume at 344% of normal accompanied the advance. The stock has risen 19.6% during the last week but has been weak relative to the market over the last nine months.
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). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Arcos Dorados Holdings has a slightly positive Appreciation Score of 61 but a very low Power Rating of 4, producing the Negative Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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