NASDAQ:ARCEArco Platform Stock Price, Forecast & News

Arco Platform's stock was trading at $46.49 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ARCE shares have increased by 0.5% and is now trading at $46.74. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arco Platform in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Arco Platform.

Arco Platform is scheduled to release its next quarterly earnings announcement on Tuesday, August 25th 2020. View our earnings forecast for Arco Platform.

Arco Platform Ltd (NASDAQ:ARCE) released its earnings results on Wednesday, May, 27th. The company reported $1.02 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.83. The business had revenue of $59.07 million for the quarter. Arco Platform had a negative net margin of 5.59% and a positive return on equity of 6.07%. View Arco Platform's earnings history.

5 Wall Street analysts have issued twelve-month price targets for Arco Platform's shares. Their forecasts range from $46.00 to $57.00. On average, they anticipate Arco Platform's stock price to reach $53.25 in the next twelve months. This suggests a possible upside of 13.9% from the stock's current price. View analysts' price targets for Arco Platform.

News headlines about ARCE stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Arco Platform earned a news impact score of -1.9 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutArco Platform.

Arco Platform saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,080,000 shares, an increase of 11.2% from the April 30th total of 971,000 shares. Based on an average trading volume of 198,600 shares, the short-interest ratio is presently 5.4 days. Currently, 5.0% of the shares of the company are sold short. View Arco Platform's Current Options Chain.

Some companies that are related to Arco Platform include Grand Canyon Education (LOPE), Strategic Education (STRA), Youdao (DAO), Laureate Education (LAUR), Graham (GHC), Afya (AFYA), Adtalem Global Education (ATGE), Perdoceo Education (PRDO), K12 (LRN), Hailiang Education Group (HLG), Bright Scholar Education Holdngs (BEDU), OneSmart International Edun Gr (ONE), Puxin (NEW), American Public Education (APEI) and China Online Education Group (COE). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Arco Platform investors own include Alibaba Group (BABA), Verizon Communications (VZ), CVS Health (CVS), Home Depot (HD), NVIDIA (NVDA), QUALCOMM (QCOM), Cisco Systems (CSCO), Honeywell International (HON), Advanced Micro Devices (AMD) and Pfizer (PFE).

(ARCE) raised $128 million in an initial public offering 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 served 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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.78%), Capital World Investors (6.16%), Victory Capital Management Inc. (5.12%), Victory Capital Management Inc. (5.12%), Capital Research Global Investors (3.47%) and JGP Global Gestao de Recursos Ltda. (1.97%).

ARCE stock was sold by a variety of institutional investors in the last quarter, including ThornTree Capital Partners LP, Morgan Stanley, Schroder Investment Management Group, Grandeur Peak Global Advisors LLC, Victory Capital Management Inc., Victory Capital Management Inc., Bank of New York Mellon Corp, and BlackRock Inc..

ARCE stock was purchased by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Capital World Investors, William Blair Investment Management LLC, Driehaus Capital Management LLC, JGP Global Gestao de Recursos Ltda., DNB Asset Management AS, Rheos Capital Works Inc., and Old Well Partners LLC.

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 $46.74.

Arco Platform has a market capitalization of $1.29 billion 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]