The Arcos Dorados Holding (ARCO) Receiving Positive Press Coverage, Report Finds

The Arcos Dorados Holding (ARCO) Receiving Positive Press Coverage, Report Finds

Here are some of the news stories that may have impacted AlphaOne Sentiment’s analysis:

News stories about Arcos Dorados Holding (NYSE:ARCO) have been trending positive on Monday, AlphaOne Sentiment Analysis reports. The research group, a subsidiary of Accern, identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Arcos Dorados Holding earned a daily sentiment score of 0.32 on AlphaOne’s scale. AlphaOne also assigned media headlines about the restaurant operator an impact score of 66 out of 100, meaning that recent press coverage is likely to have an effect on the company’s share price in the near term.

Shares of Arcos Dorados Holding (NYSE:ARCO) opened at 8.95 on Monday. The firm has a 50-day moving average price of $8.65 and a 200 day moving average price of $6.87. The company has a market cap of $1.89 billion, a P/E ratio of 18.65 and a beta of 2.17. Arcos Dorados Holding has a 12 month low of $4.34 and a 12 month high of $9.53. Arcos Dorados Holding (NYSE:ARCO) last issued its quarterly earnings data on Wednesday, May 3rd. The restaurant operator reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.15. The company had revenue of $781.48 million during the quarter. Arcos Dorados Holding had a return on equity of 20.08% and a net margin of 2.19%. Equities analysts predict that Arcos Dorados Holding will post $0.44 earnings per share for the current year.

ARCO has been the subject of several recent research reports. Zacks Investment Research lowered Arcos Dorados Holding from a “hold” rating to a “sell” rating in a report on Monday, March 20th. Bank of America Corp raised Arcos Dorados Holding from an “underperform” rating to a “buy” rating and lifted their price objective for the stock from $8.00 to $10.00 in a report on Tuesday, April 11th. Finally, ValuEngine raised Arcos Dorados Holding from a “hold” rating to a “buy” rating in a report on Saturday. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $9.25. Arcos Dorados Holding Company Profile

Arcos Dorados Holdings Inc is a McDonald’s franchisee. The Company operates or franchises over 2,140 McDonald’s-branded restaurants. It divides its operations into four geographical divisions: Brazil; the Caribbean division, consisting of Aruba, Colombia, Curacao, French Guiana, Guadeloupe, Martinique, Puerto Rico, Trinidad and Tobago, the United States Virgin Islands of Saint Croix and Saint Thomas, and Venezuela; the North Latin America division (NOLAD), consisting of Costa Rica, Mexico and Panama, and the South Latin America division (SLAD), consisting of Argentina, Chile, Ecuador, Peru and Uruguay.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “ARCO”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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