Arco Platform Stock Forecast, Price & News

Arco Platform's stock was trading at $46.49 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ARCE shares have decreased by 11.2% and is now trading at $41.26.
View which stocks have been most impacted by COVID-19.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arco Platform in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Arco Platform.

Wall Street analysts have given Arco Platform a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Arco Platform wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Arco Platform is scheduled to release its next quarterly earnings announcement on Monday, November 30th 2020.
View our earnings forecast for Arco Platform.

Arco Platform will be holding an earnings conference call on Monday, November 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Arco Platform Limited (NASDAQ:ARCE) posted its earnings results on Wednesday, May, 27th. The company reported $1.02 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.19 by $0.83. The business earned $59.07 million during the quarter. Arco Platform had a positive return on equity of 4.11% and a negative net margin of 7.27%.
View Arco Platform's earnings history.

4 equities research analysts have issued twelve-month target prices for Arco Platform's stock. Their forecasts range from $54.00 to $58.00. On average, they anticipate Arco Platform's share price to reach $55.75 in the next twelve months. This suggests a possible upside of 35.1% from the stock's current price.
View analysts' price targets for Arco Platform.

Arco Platform saw a increase in short interest in October. As of October 30th, there was short interest totaling 1,300,000 shares, an increase of 14.0% from the October 15th total of 1,140,000 shares. Based on an average trading volume of 358,500 shares, the days-to-cover ratio is presently 3.6 days.
View Arco Platform's Short Interest.

Some companies that are related to Arco Platform include Laureate Education (LAUR), Afya (AFYA), Graham (GHC), Strategic Education (STRA), Hailiang Education Group (HLG), Adtalem Global Education (ATGE), Vasta Platform (VSTA), K12 (LRN), Bright Scholar Education (BEDU), Perdoceo Education (PRDO), Puxin (NEW), OneSmart International Education Group (ONE), China Online Education Group (COE), American Public Education (APEI) and RISE Education Cayman (REDU).
View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Arco Platform investors own include Alibaba Group (BABA), The Home Depot (HD), Honeywell International (HON), Verizon Communications (VZ), Cisco Systems (CSCO), CVS Health (CVS), The Walt Disney (DIS), Intel (INTC), Johnson & Johnson (JNJ) and NVIDIA (NVDA).

(ARCE) raised $128 million in an IPO on Wednesday, September 26th 2018. The company issued 11,100,000 shares at a price of $5.50-$17.50 per share. Goldman Sachs, Morgan Stanley, Itaú BBA and BofA Merrill Lynch acted as the underwriters for the IPO and Allen & Company, BTG Pactual and UBS Investment Bank were co-managers.

Arco Platform trades on the NASDAQ under the ticker symbol "ARCE."

Arco Platform's stock is owned by a variety of institutional and retail investors. Top institutional investors include Jackson Square Partners LLC (7.81%), Victory Capital Management Inc. (6.38%), BlackRock Inc. (6.13%), Keenan Capital LLC (5.00%), Tekne Capital Management LLC (3.60%) and BW Gestao de Investimentos Ltda. (3.00%).

ARCE stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Caas Capital Management LP, Sei Investments Co., California Public Employees Retirement System, and Oberweis Asset Management Inc..

ARCE stock was acquired by a variety of institutional investors in the last quarter, including BW Gestao de Investimentos Ltda., Victory Capital Management Inc., Jackson Square Partners LLC, NN Investment Partners Holdings N.V., Keenan Capital LLC, Assenagon Asset Management S.A., Grandeur Peak Global Advisors LLC, and DNB Asset Management AS.

Shares of ARCE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of ARCE stock can currently be purchased for approximately $41.26.

Arco Platform has a market capitalization of $882.80 million and generates $139.21 million in revenue each year. The company earns $-2,390,000.00 in net income (profit) each year or $0.49 on an earnings per share basis. Arco Platform employs 1,949 workers across the globe.

The official website for Arco Platform is www.arcoeducacao.com.br.

Arco Platform's mailing address is RUA AUGUSTA 2840 9TH FLOOR SUITE 91, SAO PAULO D5, 01412. The company can be reached via phone at 55-11-3047-2699 or via email at [email protected]