Somewhat Positive News Coverage Somewhat Unlikely to Affect Arcos Dorados Holdings (ARCO) Share Price
Press coverage about Arcos Dorados Holdings (NYSE:ARCO) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Arcos Dorados Holdings earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave news stories about the restaurant operator an impact score of 47.1760795475831 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:
- BRIEF-Arcos Dorados Q3 earnings per share $0.11 (businessinsider.com)
- Few Things investors Didn’t Know About: The KEYW Holding Corporation, (NASDAQ: KEYW), BMC Stock Holdings, Inc … – Stocks In The News (press release) (tradingnewsnow.com)
- Edited Transcript of ARCO earnings conference call or presentation 8-Nov-17 3:00pm GMT (finance.yahoo.com)
- Arcos Dorados Reports Third Quarter 2017 Financial Results … – Business Wire (press release) (businesswire.com)
A number of brokerages have recently commented on ARCO. BidaskClub raised Arcos Dorados Holdings from a “buy” rating to a “strong-buy” rating in a report on Thursday, September 14th. Citigroup Inc. raised Arcos Dorados Holdings from a “neutral” rating to a “buy” rating and raised their target price for the company from $10.10 to $10.60 in a report on Monday, August 28th. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $10.30.
Arcos Dorados Holdings (NYSE:ARCO) traded down $0.25 on Friday, reaching $10.25. The company had a trading volume of 391,493 shares, compared to its average volume of 445,602. The company has a quick ratio of 0.88, a current ratio of 0.98 and a debt-to-equity ratio of 1.53. Arcos Dorados Holdings has a fifty-two week low of $5.20 and a fifty-two week high of $10.80. The company has a market capitalization of $2,160.00, a price-to-earnings ratio of 27.50 and a beta of 2.07.
Arcos Dorados Holdings (NYSE:ARCO) last released its quarterly earnings results on Wednesday, August 9th. The restaurant operator reported ($0.02) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.10 by ($0.12). The company had revenue of $798.70 million during the quarter. Arcos Dorados Holdings had a return on equity of 20.55% and a net margin of 2.51%. equities research analysts anticipate that Arcos Dorados Holdings will post 0.38 earnings per share for the current year.
Arcos Dorados Holdings Company Profile
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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