Press coverage about Arcos Dorados Holdings (NYSE:ARCO) has trended somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Arcos Dorados Holdings earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned headlines about the restaurant operator an impact score of 44.0982515323501 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- Technical Analysis Hints Where Arcos Dorados Holdings Inc. (ARCO) – StockNewsGazette (stocknewsgazette.com)
- Arcos Dorados Holdings Inc. (ARCO) is at $8.65 per share and Golden Ocean Group Limited (GOGL) is listed at $8.16 – Stocks Gallery (stocksgallery.com)
- Avnet Inc (AVT), Arcos Dorados Holdings Inc (ARCO) Shares Moving On Volume – Evergreen Caller (evergreencaller.com)
- See what the IHS Markit Score report has to say about Arcos Dorados Holdings Inc. (finance.yahoo.com)
ARCO has been the topic of a number of research reports. Zacks Investment Research upgraded shares of Arcos Dorados Holdings from a “hold” rating to a “buy” rating and set a $8.50 price objective on the stock in a research note on Friday, June 16th. ValuEngine lowered shares of Arcos Dorados Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, July 11th. Finally, BidaskClub lowered shares of Arcos Dorados Holdings from a “buy” rating to a “hold” rating in a research report on Saturday, July 1st. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. Arcos Dorados Holdings has an average rating of “Buy” and a consensus price target of $8.83.
Shares of Arcos Dorados Holdings (NYSE:ARCO) opened at 8.65 on Friday. The firm has a market cap of $1.83 billion, a price-to-earnings ratio of 33.27 and a beta of 2.16. The stock has a 50 day moving average of $8.53 and a 200 day moving average of $7.86. Arcos Dorados Holdings has a 12 month low of $4.56 and a 12 month high of $9.52.
Arcos Dorados Holdings (NYSE:ARCO) last posted 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. Arcos Dorados Holdings had a return on equity of 14.68% and a net margin of 1.76%. The company had revenue of $798.70 million for the quarter. On average, equities research analysts expect that Arcos Dorados Holdings will post $0.44 EPS for the current fiscal year.
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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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