Somewhat Positive Media Coverage Somewhat Unlikely to Affect Arcos Dorados (ARCO) Share Price
Media headlines about Arcos Dorados (NYSE:ARCO) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Arcos Dorados earned a news sentiment score of 0.03 on Accern’s scale. Accern also gave media headlines about the restaurant operator an impact score of 44.4858715264125 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:
- How Will Darden Restaurants’ (DRI) Margins Shape Up in Q2? (msn.com)
- How Will Darden Restaurants' (DRI) Margins Shape Up in Q2? (finance.yahoo.com)
- Arcos Dorados Signs Neymar Jr. in Brazil – Business Wire (press release) (businesswire.com)
- ETFs with exposure to Arcos Dorados Holdings, Inc. : December 11, 2017 (finance.yahoo.com)
Shares of Arcos Dorados (NYSE:ARCO) opened at $9.80 on Friday. The company has a market capitalization of $2,080.00, a PE ratio of 25.66, a P/E/G ratio of 1.91 and a beta of 2.04. The company has a current ratio of 0.99, a quick ratio of 0.89 and a debt-to-equity ratio of 1.45. Arcos Dorados has a twelve month low of $5.25 and a twelve month high of $10.80.
ARCO has been the topic of a number of research reports. Zacks Investment Research upgraded Arcos Dorados from a “hold” rating to a “buy” rating and set a $12.00 price objective on the stock in a report on Friday, November 10th. BidaskClub downgraded Arcos Dorados from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. Citigroup upgraded Arcos Dorados from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $10.10 to $10.60 in a report on Monday, August 28th. HSBC initiated coverage on Arcos Dorados in a report on Wednesday, November 15th. They issued a “buy” rating and a $12.00 price objective on the stock. Finally, TheStreet upgraded Arcos Dorados from a “c+” rating to a “b” rating in a report on Tuesday, November 21st. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $11.15.
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About Arcos Dorados
Arcos Dorados Holdings Inc is a McDonald’s franchisee. The Company operates or franchises over 2,140 McDonald’s-branded restaurants. It divides its operations into four geographical divisions: Brazil; the Caribbean division, consisting of Aruba, Colombia, Curacao, French Guiana, Guadeloupe, Martinique, Puerto Rico, Trinidad and Tobago, the United States Virgin Islands of Saint Croix and Saint Thomas, and Venezuela; the North Latin America division (NOLAD), consisting of Costa Rica, Mexico and Panama, and the South Latin America division (SLAD), consisting of Argentina, Chile, Ecuador, Peru and Uruguay.
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