NASDAQ:ARCEArco Platform Stock Price, Forecast & News

Arco Platform's stock was trading at $46.49 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ARCE shares have decreased by 0.3% and is now trading at $46.37.
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5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arco Platform in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Arco Platform is scheduled to release its next quarterly earnings announcement on Monday, August 17th 2020.
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Arco Platform will be holding an earnings conference call on Monday, August 17th 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 Ltd (NASDAQ:ARCE) announced its quarterly earnings data on Wednesday, May, 27th. The company reported $1.02 EPS for the quarter, topping the Zacks' consensus estimate of $0.19 by $0.83. The firm earned $59.07 million during the quarter. Arco Platform had a positive return on equity of 6.07% and a negative net margin of 5.59%.
View Arco Platform's earnings history.

5 brokers have issued 1-year price objectives for Arco Platform's shares. Their forecasts range from $54.00 to $57.00. On average, they expect Arco Platform's stock price to reach $55.50 in the next year. This suggests a possible upside of 19.7% from the stock's current price.
View analysts' price targets for Arco Platform.

Media headlines about ARCE stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news 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 positive five, with scores closest to five being the most favorable. Arco Platform earned a coverage optimism score of 0.6 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future.
View the latest news about Arco Platform.

Arco Platform saw a decline in short interest in the month of June. As of June 15th, there was short interest totaling 371,200 shares, a decline of 45.3% from the May 31st total of 678,800 shares. Based on an average trading volume of 266,600 shares, the short-interest ratio is presently 1.4 days.
View Arco Platform's Short Interest.

Some companies that are related to Arco Platform include Laureate Education (LAUR), Strategic Education (STRA), Afya (AFYA), Graham (GHC), Adtalem Global Education (ATGE), K12 (LRN), Hailiang Education Group (HLG), Perdoceo Education (PRDO), Bright Scholar Education Holdngs (BEDU), Puxin (NEW), OneSmart International Edun Gr (ONE), China Online Education Group (COE), American Public Education (APEI), China Distance Education (DL) and Universal Technical Institute (UTI).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Arco Platform investors own include Alibaba Group (BABA), Home Depot (HD), Honeywell International (HON), CVS Health (CVS), Verizon Communications (VZ), NVIDIA (NVDA), QUALCOMM (QCOM), Thermo Fisher Scientific (TMO), Cisco Systems (CSCO) and Walt Disney (DIS).

(ARCE) raised $128 million in an initial public offering (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 retail and institutional investors. Top institutional investors include FMR LLC (9.99%), Jackson Square Partners LLC (6.07%), Victory Capital Management Inc. (3.77%), Bamco Inc. NY (2.21%), William Blair Investment Management LLC (1.83%) and NN Investment Partners Holdings N.V. (1.71%).

ARCE stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Jackson Square Partners LLC, FMR LLC, DNB Asset Management AS, River & Mercantile Asset Management LLP, Bank of New York Mellon Corp, and William Blair Investment Management LLC.

ARCE stock was bought by a variety of institutional investors in the last quarter, including Bamco Inc. NY, Dragoneer Investment Group LLC, Sloane Robinson LLP, Assenagon Asset Management S.A., Shannon River Fund Management LLC, Driehaus Capital Management LLC, Tudor Investment Corp Et Al, and NN Investment Partners Holdings N.V..

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 $46.37.

Arco Platform has a market capitalization of $992.13 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]