Arko (NASDAQ:ARKO) Downgraded by Zacks Investment Research to Hold

Arko stock has undergone multiple analysts rating changes in the recent past.  Arko Downgraded by Zacks Investment Research on 10-12-21. In a note to investors, the firm issued a new rating of Hold. The analysts previously had rating of Buy.

Shares of Arko traded down -$0.23 on Tuesday, reaching $9.92. 0 shares of the stock traded hands, compared to its average volume of 1069100. Shares of Arko were trading at $9.92 on Tuesday. The firm’s 50 day moving average is $9.47 and its 200 day moving average is $9.51.Arko has a 12 month low of $9.90 and a 12 month high of $11.40. While on yearly highs and lows, Arko’s today has traded high as $10.23 and has touched $9.90 on the downward trend. See More Analyst Rating at: RATING

Arko Earnings and What to expect: 

Arko last released its earnings results on August 11th, 2021. The reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.06. The firm earned $1.91 billion during the quarter, compared to analysts’ expectations of $1.75 billion. Arko has generated $0.14 earnings per share over the last year and currently has a price-to-earnings ratio of 70.9. Earnings for Arko are expected to grow by 18.92% in the coming year, from $0.37 to $0.44 per share. Arko has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, November 11th, 2021 based off prior year’s report dates.

Earnings for Arko are expected to grow by 18.92% in the coming year, from $0.37 to $0.44 per share. The P/E ratio of Arko is 70.86, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.78. The P/E ratio of Arko is 70.86, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 41.12. Arko has a P/B Ratio of 5.67. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Arko (NASDAQ:ARKO) Moving Average Technical Analysis

5 day Moving Average is $10.11 And 5 day price change is -$0.39 (-3.78%)  with average volume for 5 day average is 253,120. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $10.04 and 20 day price change is -$0.20 (-1.98%) and average 20 day moving volume is 1,031,090. 50 day moving average is $9.47  and 50 day price change is $1.80 ( 22.17%)  and with average volume for 50 days is : 768,432. 200 day moving average is $9.51  and 200 day price change is $0.48 (5.08%)  and with average volume for 200 days is : 579,747.

Other owners latest trading in Arko :

  • On 8/23/2021 shares held by Morgan Stanley were 80,721 which equates to market value of $0.74M and appx 0.00% owners of Arko
  • On 8/18/2021 shares held by Meitav Dash Investments Ltd. were 157,692 which equates to market value of $1.43M and appx 0.00% owners of Arko
  • On 8/17/2021 shares held by Wells Fargo & Company MN were 52,472 which equates to market value of $0.48M and appx 0.00% owners of Arko
  • In total Institutional ownership equates to Institutional Ownership Percentage: 47.73% for Arko

See More Analyst Rating at: RATING