ARKO Corp. (NASDAQ:ARKO) Given Consensus Rating of "Moderate Buy" by Analysts

ARKO Corp. (NASDAQ:ARKO - Get Free Report) has been assigned an average rating of "Moderate Buy" from the five research firms that are covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $7.35.

A number of equities analysts have recently issued reports on ARKO shares. Capital One Financial started coverage on ARKO in a report on Thursday, May 8th. They issued an "overweight" rating and a $8.00 price objective for the company. BMO Capital Markets upped their target price on ARKO from $4.50 to $5.00 and gave the stock a "market perform" rating in a research note on Monday, May 12th. Wall Street Zen upgraded shares of ARKO from a "sell" rating to a "hold" rating in a research report on Saturday, June 7th. Finally, Raymond James Financial lowered their price objective on shares of ARKO from $11.00 to $10.00 and set a "strong-buy" rating for the company in a report on Friday, May 9th.

ARKO Price Performance

ARKO stock traded down $0.04 during midday trading on Wednesday, reaching $4.36. The company had a trading volume of 839,459 shares, compared to its average volume of 482,357. The firm has a 50-day moving average price of $4.48 and a 200-day moving average price of $5.28. The company has a market capitalization of $500.00 million, a P/E ratio of 145.33 and a beta of 0.74. ARKO has a 1 year low of $3.51 and a 1 year high of $7.84. The company has a debt-to-equity ratio of 4.21, a current ratio of 1.55 and a quick ratio of 1.08.

ARKO (NASDAQ:ARKO - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported ($0.12) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.17) by $0.05. The company had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.85 billion. ARKO had a net margin of 0.10% and a return on equity of 3.23%. On average, research analysts anticipate that ARKO will post 0.2 earnings per share for the current fiscal year.

ARKO Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Monday, May 19th were issued a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 2.75%. The ex-dividend date of this dividend was Monday, May 19th. ARKO's dividend payout ratio is 400.00%.

Institutional Investors Weigh In On ARKO

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in ARKO by 3.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 45,810 shares of the company's stock valued at $302,000 after purchasing an additional 1,572 shares during the period. Neuberger Berman Group LLC lifted its holdings in ARKO by 4.7% in the 1st quarter. Neuberger Berman Group LLC now owns 48,010 shares of the company's stock worth $190,000 after buying an additional 2,136 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of ARKO by 0.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 748,109 shares of the company's stock worth $2,955,000 after buying an additional 3,972 shares during the last quarter. Tower Research Capital LLC TRC grew its position in shares of ARKO by 90.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 9,742 shares of the company's stock worth $64,000 after buying an additional 4,639 shares during the last quarter. Finally, Teton Advisors Inc. increased its stake in shares of ARKO by 5.0% during the fourth quarter. Teton Advisors Inc. now owns 105,000 shares of the company's stock valued at $692,000 after buying an additional 5,000 shares during the period. 78.29% of the stock is currently owned by institutional investors.

ARKO Company Profile

Arko Corp. operates convenience stores in the United States. It operates through Retail, Wholesale, Fleet Fueling, and GPMP segments. The Retail segment engages in the sale of fuel and merchandise to retail consumers. Its Wholesale segment supplies fuel to third-party dealers and consignment agents. The Fleet Fueling segment supplies fuel to proprietary and third-party cardlock, and issuance of proprietary fuel cards.