As the economy started to recover from the onset of 2023, primarily on an AI boom, investors rushed back to sectors with mega-cap growth stocks like tech and away from safer and cash-flow-generating sectors like consumer cyclicals. Consumer Staples, in 2023, declined for the second year in a row, with the Consumer Staples Select Sector SPDR (XLP) sliding less than 1%.However, the sector has recovered this year and was up 9.1% as of Jun 4. The calendar year has been marked by apprehensions about the Fed not ...

ARKO Corp. (ARKO) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this company have returned +40.8% over the past month versus the Zacks S&P 500 composite's +3.2% change. The Zacks Consumer Products - Staples industry, to which ARKO belongs, has gained 3.1% over this period. Now the key question is: Where could the stock be headed in the near term?Althoug ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being un ...

Shares of ARKO Corp. (ARKO) have gained 21.5% over the past four weeks to close the last trading session at $5.53, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $7.63 indicates a potential upside of 38%.The mean estimate comprises four short-term price targets with a standard deviation of $2.69. While the lowest estimate of $5 indicates a 9.6% decline from the current price le ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about ARKO Corp. (ARKO) .ARKO currently has an average brokerage recommendation ...

Core Viewpoint - ARKO Corp. has seen a significant stock performance increase of +25.6% over the past month, outperforming the Zacks S&P 500 composite's +4% and the Zacks Consumer Products - Staples industry's +0.8% [1] Earnings Estimates Revisions - For the current quarter, ARKO is expected to post earnings of $0.18 per share, reflecting a +63.6% change from the year-ago quarter, with the Zacks Consensus Estimate changing by +80% over the last 30 days [2] - The consensus earnings estimate for the current fiscal year is $0.54, indicating a year-over-year change of +125%, with a significant change of +494.5% over the last 30 days [3] - For the next fiscal year, the consensus earnings estimate is $0.49, indicating a -8.3% change from the previous year, with a recent change of +600% [3] Revenue Growth Potential - The consensus sales estimate for the current quarter is $2.41 billion, indicating a year-over-year change of -2.5%, while estimates for the current and next fiscal years are $9.17 billion and $9.15 billion, reflecting -2.6% and -0.2% changes respectively [5] Last Reported Results - ARKO reported revenues of $2.07 billion in the last quarter, representing a year-over-year change of -0.8%, with an EPS of -$0.02 compared to -$0.03 a year ago [6] - The reported revenues were below the Zacks Consensus Estimate of $2.11 billion, resulting in a surprise of -1.93%, while the EPS surprise was +88.24% [6] Valuation Metrics - ARKO is graded A on the Zacks Value Style Score, indicating it is trading at a discount to its peers [9] - Valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) are essential for assessing whether the stock is fairly valued, overvalued, or undervalued [7][8] Bottom Line - The Zacks Rank 1 suggests that ARKO may outperform the broader market in the near term, supported by the discussed earnings estimates and valuation metrics [10]

RICHMOND, Va., May 15, 2024 (GLOBE NEWSWIRE) -- GPM Investments, LLC ("GPM"), a wholly owned subsidiary of ARKO Corp. (NASDAQ:ARKO) a Fortune 500 company and one of the largest convenience store operators in the United States ("ARKO" or the "Company"), today announces it is now selling Nathan's Famous hot dogs. Nathan's Famous will be the Company's new supplier of quality, 100% all-beef hot dogs at more than 450 locations. This is a continuation of the Company's enhanced food program rollout, which aims to ...

Arko Corp. ( [ARKO] Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Arie Kotler - Chairman, President & CEO Rob Giammatteo - EVP & CFO Jordan Mann - IR Conference Call Participants Bobby Griffin - Raymond James Anthony Bonadio - Wells Fargo Ben Wood - BMO Capital Markets Karru Martinson - Jefferies Hal Holden - Barclays Mark Astrachan - Stifel Operator Greetings. Welcome to the Arko Corp. first quarter 2024 earnings conference call. [Operator Instructions] Please note this confe ...

ARKO Corp. (ARKO) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisio ...

Shares of ARKO Corp. (ARKO) have gained 7.7% over the past four weeks to close the last trading session at $5.19, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $7.88 indicates a potential upside of 51.8%.The mean estimate comprises four short-term price targets with a standard deviation of $2.53. While the lowest estimate of $5 indicates a 3.7% decline from the current price l ...