NYSE:ARCO - Arcos Dorados Stock Price, Forecast & News

Arcos Dorados' stock was trading at $4.61 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ARCO shares have decreased by 27.5% and is now trading at $3.34. View which stocks have been mosted impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arcos Dorados in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Arcos Dorados.

Arcos Dorados is scheduled to release its next quarterly earnings announcement on Wednesday, May 20th 2020. View our earnings forecast for Arcos Dorados.

Arcos Dorados Holding Inc (NYSE:ARCO) issued its quarterly earnings data on Wednesday, March, 18th. The restaurant operator reported $0.16 EPS for the quarter, topping the Zacks' consensus estimate of $0.09 by $0.07. The restaurant operator had revenue of $754.37 million for the quarter, compared to the consensus estimate of $755.60 million. Arcos Dorados had a return on equity of 20.74% and a net margin of 2.70%. View Arcos Dorados' earnings history.

Arcos Dorados declared a quarterly dividend on Monday, March 9th. Investors of record on Monday, December 7th will be given a dividend of $0.03 per share on Thursday, December 10th. This represents a $0.12 annualized dividend and a dividend yield of 3.59%. The ex-dividend date of this dividend is Friday, December 4th. View Arcos Dorados' dividend history.

Arcos Dorados announced that its board has approved a stock buyback program on Tuesday, May 22nd 2018, which allows the company to buyback $60,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 3.9% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board believes its shares are undervalued.

3 brokers have issued 1-year target prices for Arcos Dorados' stock. Their forecasts range from $8.50 to $9.00. On average, they anticipate Arcos Dorados' stock price to reach $8.75 in the next year. This suggests a possible upside of 162.0% from the stock's current price. View analysts' price targets for Arcos Dorados.

News articles about ARCO stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Arcos Dorados earned a coverage optimism score of 1.4 on InfoTrie's scale. They also assigned media stories about the restaurant operator a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future. View the latest news aboutArcos Dorados.

Arcos Dorados saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 1,000,000 shares, an increase of 6.7% from the February 13th total of 937,400 shares. Based on an average daily volume of 601,800 shares, the short-interest ratio is currently 1.7 days. Currently, 0.8% of the shares of the stock are short sold. View Arcos Dorados' Current Options Chain.

Some companies that are related to Arcos Dorados include Wingstop (WING), Cracker Barrel Old Country Store (CBRL), Papa John's Int'l (PZZA), Main Street Capital (MAIN), Cheesecake Factory (CAKE), Jack in the Box (JACK), Bloomin' Brands (BLMN), Dine Brands Global (DIN), Denny's (DENN), Brinker International (EAT), Dave & Buster's Entertainment (PLAY), Habit Restaurants (HABT), El Pollo LoCo (LOCO), BJ's Restaurants (BJRI) and Del Frisco's Restaurant Group (DFRG).

Based on aggregate information from My MarketBeat watchlists, some companies that other Arcos Dorados investors own include Wendys (WEN), Lowe's Companies (LOW), Pacific Drilling (PACDQ), Frontier Communications (FTR), Ionis Pharmaceuticals (IONS), Netflix (NFLX), Starbucks (SBUX), Alibaba Group (BABA), JPMorgan Chase & Co. (JPM) and Advanced Micro Devices (AMD).

Arcos Dorados trades on the New York Stock Exchange (NYSE) under the ticker symbol "ARCO."

Shares of ARCO 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 ARCO stock can currently be purchased for approximately $3.34.

Arcos Dorados has a market capitalization of $685.47 million and generates $2.96 billion in revenue each year. The restaurant operator earns $79.90 million in net income (profit) each year or $0.39 on an earnings per share basis. Arcos Dorados employs 78,691 workers across the globe. View additional information about Arcos Dorados.

The official website for Arcos Dorados is http://www.arcosdorados.com/.

Arcos Dorados' mailing address is Dr. Luis Bonavita 1294 Office 501, Montevideo X3, 11300. The restaurant operator can be reached via phone at 598 2626-3000 or via email at [email protected]