NASDAQ:ARCEArco Platform Stock Price, Forecast & 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 stock has increased by 5.3% and is now trading at $48.95. 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) announced its quarterly earnings data on Wednesday, May, 27th. The company reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.83. The business had revenue of $59.07 million for the quarter. Arco Platform had a positive return on equity of 9.64% and a negative net margin of 1.60%. View Arco Platform's earnings history.

5 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 year. This suggests a possible upside of 8.8% from the stock's current price. View analysts' price targets for Arco Platform.

Media coverage about ARCE stock has trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Arco Platform earned a coverage optimism score of 1.4 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. 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 daily trading volume, of 198,600 shares, the days-to-cover ratio is presently 5.4 days. Currently, 5.0% of the company's stock are short sold. 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), Adtalem Global Education (ATGE), Afya (AFYA), Hailiang Education Group (HLG), Perdoceo Education (PRDO), K12 (LRN), Bright Scholar Education Holdngs (BEDU), OneSmart International Edun Gr (ONE), Puxin (NEW), China Online Education Group (COE) and American Public Education (APEI). 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 (IPO) on Wednesday, September 26th 2018. The company issued 11,100,000 shares at $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 retail and institutional 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 bought 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 $48.95.

Arco Platform has a market capitalization of $1.35 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]