Arcos Dorados Holdings Inc [NYSE: ARCO] loss -1.94% on the last trading session, reaching $7.06 price per share at the time.
If compared to the average trading volume of 1.50M shares, ARCO reached a trading volume of 4416160 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Arcos Dorados Holdings Inc [ARCO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ARCO shares is $10.69 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ARCO stock is a recommendation set at 1.29. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Jefferies have made an estimate for Arcos Dorados Holdings Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 01, 2023. While these analysts kept the previous recommendation, Barclays raised their target price to Overweight. The new note on the price target was released on September 27, 2022, representing the official price target for Arcos Dorados Holdings Inc stock. Previously, the target price had yet another raise to $8, while HSBC Securities analysts kept a Hold rating on ARCO stock. On March 24, 2022, analysts increased their price target for ARCO shares from 7.80 to 10.
The Average True Range (ATR) for Arcos Dorados Holdings Inc is set at 0.37, with the Price to Sales ratio for ARCO stock in the period of the last 12 months amounting to 0.33. The Price to Book ratio for the last quarter was 2.90, with the Price to Cash per share for the same quarter was set at 0.66.
Trading performance analysis for ARCO stock
Arcos Dorados Holdings Inc [ARCO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -11.64. With this latest performance, ARCO shares dropped by -14.11% in over the last four-week period, additionally sinking by -24.89% over the last 6 months – not to mention a drop of -37.41% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ARCO stock in for the last two-week period is set at 36.26, with the RSI for the last a single of trading hit 32.79, and the three-weeks RSI is set at 39.07 for Arcos Dorados Holdings Inc [ARCO]. The present Moving Average for the last 50 days of trading for this stock 7.98, while it was recorded at 7.08 for the last single week of trading, and 8.51 for the last 200 days.
Arcos Dorados Holdings Inc [ARCO]: A deeper dive into fundamental analysis
Arcos Dorados Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.54 and a Current Ratio set at 0.61.
Arcos Dorados Holdings Inc [ARCO]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ARCO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Arcos Dorados Holdings Inc go to 13.45%.
An analysis of Institutional ownership at Arcos Dorados Holdings Inc [ARCO]
There are presently around $53.22%, or 55.74%% of ARCO stock, in the hands of institutional investors. The top three institutional holders of ARCO stocks are: NUVEEN ASSET MANAGEMENT, LLC with ownership of 15.82 million shares, which is approximately 7.5105%. JPMORGAN CHASE & CO, holding 12.79 million shares of the stock with an approximate value of $$115.08 million in ARCO stocks shares; and JPMORGAN CHASE & CO, currently with $$69.54 million in ARCO stock with ownership which is approximately 3.6679%.
