ARKO Corp (NASDAQ: ARKO) has a higher price-to-earnings ratio of 19.91x compared to its average ratio. ARKO has 36-month beta value of 0.35. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ARKO is 74.98M, and currently, short sellers hold a 4.11% ratio of that float. The average trading volume of ARKO on May 09, 2024 was 385.83K shares.
ARKO) stock’s latest price update
The stock price of ARKO Corp (NASDAQ: ARKO) has surged by 17.76 when compared to previous closing price of 4.28, but the company has seen a 20.29% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-05-07 that ARKO Corp. (ARKO) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to loss of $0.03 per share a year ago.
ARKO’s Market Performance
ARKO’s stock has risen by 20.29% in the past week, with a monthly drop of -1.56% and a quarterly drop of -36.20%. The volatility ratio for the week is 7.31% while the volatility levels for the last 30 days are 5.65% for ARKO Corp The simple moving average for the past 20 days is 12.20% for ARKO’s stock, with a -29.67% simple moving average for the past 200 days.
Analysts’ Opinion of ARKO
Many brokerage firms have already submitted their reports for ARKO stocks, with BMO Capital Markets repeating the rating for ARKO by listing it as a “Market Perform.” The predicted price for ARKO in the upcoming period, according to BMO Capital Markets is $8 based on the research report published on November 14, 2023 of the previous year 2023.
Odeon, on the other hand, stated in their research note that they expect to see ARKO reach a price target of $11. The rating they have provided for ARKO stocks is “Buy” according to the report published on August 09th, 2023.
Wells Fargo gave a rating of “Equal Weight” to ARKO, setting the target price at $7.75 in the report published on May 25th of the previous year.
ARKO Trading at -5.73% from the 50-Day Moving Average
After a stumble in the market that brought ARKO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -41.05% of loss for the given period.
Volatility was left at 5.65%, however, over the last 30 days, the volatility rate increased by 7.31%, as shares surge +3.92% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -36.92% lower at present.
During the last 5 trading sessions, ARKO rose by +20.29%, which changed the moving average for the period of 200-days by -38.69% in comparison to the 20-day moving average, which settled at $4.50. In addition, ARKO Corp saw -38.91% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ARKO starting from Willner Morris, who sale 2,792,631 shares at the price of $6.76 back on Feb 28 ’24. After this action, Willner Morris now owns 11,683,980 shares of ARKO Corp, valued at $18,878,186 using the latest closing price.
Stock Fundamentals for ARKO
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.1 for the gross margin
The net margin for ARKO Corp stands at 0.0. The total capital return value is set at 0.03. Equity return is now at value 9.87, with 1.01 for asset returns.
Based on ARKO Corp (ARKO), the company’s capital structure generated 0.78 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 3.65. The interest coverage ratio of the stock is 2.25.
Currently, EBITDA for the company is 265.88 million with net debt to EBITDA at 3.47. When we switch over and look at the enterprise to sales, we see a ratio of 0.15. The receivables turnover for the company is 59.21for trailing twelve months and the total asset turnover is 2.6. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.53.
Conclusion
To put it simply, ARKO Corp (ARKO) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
