We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
ARKO Corp. (ARKO) Beats Stock Market Upswing: What Investors Need to Know
Read MoreHide Full Article
ARKO Corp. (ARKO - Free Report) closed the most recent trading day at $6.41, moving +0.79% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.13%. Elsewhere, the Dow saw an upswing of 0.55%, while the tech-heavy Nasdaq depreciated by 0.52%.
Shares of the company have depreciated by 2.6% over the course of the past month, underperforming the Consumer Staples sector's gain of 4.49% and the S&P 500's gain of 3.67%.
The upcoming earnings release of ARKO Corp. will be of great interest to investors. The company is forecasted to report an EPS of $0.16, showcasing a 5.88% downward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.43 billion, down 7.41% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $0.31 per share and revenue of $9.18 billion. These totals would mark changes of +29.17% and -2.52%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for ARKO Corp. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. As of now, ARKO Corp. holds a Zacks Rank of #4 (Sell).
Investors should also note ARKO Corp.'s current valuation metrics, including its Forward P/E ratio of 20.85. This represents a premium compared to its industry's average Forward P/E of 20.33.
The Consumer Products - Staples industry is part of the Consumer Staples sector. With its current Zacks Industry Rank of 143, this industry ranks in the bottom 44% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
ARKO Corp. (ARKO) Beats Stock Market Upswing: What Investors Need to Know
ARKO Corp. (ARKO - Free Report) closed the most recent trading day at $6.41, moving +0.79% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.13%. Elsewhere, the Dow saw an upswing of 0.55%, while the tech-heavy Nasdaq depreciated by 0.52%.
Shares of the company have depreciated by 2.6% over the course of the past month, underperforming the Consumer Staples sector's gain of 4.49% and the S&P 500's gain of 3.67%.
The upcoming earnings release of ARKO Corp. will be of great interest to investors. The company is forecasted to report an EPS of $0.16, showcasing a 5.88% downward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.43 billion, down 7.41% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $0.31 per share and revenue of $9.18 billion. These totals would mark changes of +29.17% and -2.52%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for ARKO Corp. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. As of now, ARKO Corp. holds a Zacks Rank of #4 (Sell).
Investors should also note ARKO Corp.'s current valuation metrics, including its Forward P/E ratio of 20.85. This represents a premium compared to its industry's average Forward P/E of 20.33.
The Consumer Products - Staples industry is part of the Consumer Staples sector. With its current Zacks Industry Rank of 143, this industry ranks in the bottom 44% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.