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Should Value Investors Buy ARKO (ARKO) Stock?
ZACKS· 2024-07-09 15:06
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value ...
ARKO Corp. (ARKO) Is a Trending Stock: Facts to Know Before Betting on It
ZACKS· 2024-06-28 14:00
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 +9% over the past month versus the Zacks S&P 500 composite's +3.5% 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?While medi ...
Navigate Market Turbulence With These 3 Low-Beta Stocks
ZACKS· 2024-06-28 12:45
Many investors anticipate a rate cut later this year, believing that inflation is showing signs of easing. However, U.S. Federal Reserve Governor Michelle Bowman has indicated that since inflation remains high, a rate cut is not justified. Consequently, volatility and uncertainty are likely to continue in the stock market. This underscores the crucial need to construct a portfolio of low-beta stocks, which are expected to provide robust returns while mitigating the impact of market volatility.In this regard ...
4 Top Stocks With High Earnings Yield to Power Your Returns
ZACKS· 2024-06-20 13:10
Despite U.S. consumer price inflation moderating in May, the Fed has scaled back its interest rate cut projections. Initially forecasting three cuts by the end of 2024, the Fed now plans just one this year. The timing of the rate cut is uncertain and analysts believe the Fed will proceed cautiously, awaiting further signs of inflation stabilization.For investors, higher interest rates pose challenges but also create opportunities. Discerning investors can capitalize on the situation by evaluating intrinsic ...
ARKO Corp. (ARKO) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2024-06-17 22:56
Company Performance - ARKO Corp. closed at $6.08, down 0.16% from the previous trading session, underperforming the S&P 500 which gained 0.77% [1] - Over the past month, ARKO shares increased by 6.66%, outperforming the Consumer Staples sector which declined by 4.12% and the S&P 500 which rose by 3.71% [1] - The upcoming earnings disclosure is projected to show earnings of $0.18 per share, reflecting a year-over-year growth of 63.64%, while revenue is estimated at $2.41 billion, down 2.51% from the prior-year quarter [1] Full Year Estimates - For the full year, earnings are projected at $0.54 per share, representing a 125% increase, while revenue is expected to be $9.17 billion, a decrease of 2.58% from the previous year [2] - Recent revisions to analyst forecasts for ARKO Corp. are important as they indicate changing business trends, with positive revisions suggesting optimism about the company's outlook [2] Valuation and Ranking - ARKO Corp. has a Zacks Rank of 1 (Strong Buy), with an average annual return of +25% for 1 ranked stocks since 1988 [3] - The company is currently trading at a Forward P/E ratio of 11.38, which is lower than the industry average Forward P/E of 17.72 [3] - The Consumer Products - Staples industry, part of the Consumer Staples sector, holds a Zacks Industry Rank of 65, placing it in the top 26% of over 250 industries [3]
Investors Heavily Search ARKO Corp. (ARKO): Here is What You Need to Know
ZACKS· 2024-06-17 14:00
Core Viewpoint - ARKO Corp. has shown a strong performance with a +6.7% return over the past month, outperforming the S&P 500 composite's +3.7% and the Zacks Consumer Products - Staples industry's -2.9% [1] Earnings Estimate Revisions - ARKO is expected to post earnings of $0.18 per share for the current quarter, reflecting a year-over-year increase of +63.6% [2] - The consensus earnings estimate for the current fiscal year is $0.54, indicating a year-over-year change of +125% [3] - For the next fiscal year, the consensus estimate is $0.49, showing a decrease of -8.3% from the previous year [3] - ARKO holds a Zacks Rank 1 (Strong Buy) due to significant changes in earnings estimates and other related factors [3] Revenue Growth Forecast - The consensus sales estimate for ARKO is $2.41 billion for the current quarter, indicating a year-over-year decline of -2.5% [4] - The sales estimates for the current and next fiscal years are $9.17 billion and $9.15 billion, reflecting changes of -2.6% and -0.2%, respectively [4] Last Reported Results and Surprise History - In the last reported quarter, ARKO generated revenues of $2.07 billion, a year-over-year decrease of -0.8% [5] - The EPS reported was -$0.02, compared to -$0.03 a year ago, with a revenue surprise of -1.93% and an EPS surprise of +88.24% [5] - Over the last four quarters, ARKO surpassed EPS estimates once and topped revenue estimates twice [5] Valuation - Valuation metrics such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) are essential for assessing whether ARKO's stock is fairly valued [6] - ARKO is graded A in the Zacks Value Style Score, indicating it is trading at a discount compared to its peers [8] Bottom Line - The information suggests that ARKO may outperform the broader market in the near term, supported by its strong Zacks Rank [9]
Are Investors Undervaluing ARKO (ARKO) Right Now?
ZACKS· 2024-06-13 15:19
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value ...
ARKO Corp. (ARKO) Flat As Market Gains: What You Should Know
ZACKS· 2024-06-11 22:56
The most recent trading session ended with ARKO Corp. (ARKO) standing at $6.12, reflecting no shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily gain of 0.27%. Meanwhile, the Dow lost 0.31%, and the Nasdaq, a tech-heavy index, added 0.88%.The company's stock has climbed by 10.47% in the past month, exceeding the Consumer Staples sector's loss of 2.77% and the S&P 500's gain of 2.85%.Analysts and investors alike will be keeping a close eye on the performan ...
ARKO Corp. Named to Fortune 500 List for Third Consecutive Year
Newsfilter· 2024-06-11 12:00
RICHMOND, Va., June 11, 2024 (GLOBE NEWSWIRE) -- ARKO Corp. (NASDAQ:ARKO) ("ARKO" or the "Company"), one of the largest convenience store operators and fuel wholesalers in the United States, today announced it was named to the 2024 Fortune 500 list for the third consecutive year. The yearly ranking highlights companies based on total revenue in the United States. ARKO ranked at No. 453, moving up 7 places on the list from its ranking in 2023 and 45 places from its 2022 debut at No. 498. "This achievement re ...
Earnings Estimates Moving Higher for ARKO (ARKO): Time to Buy?
ZACKS· 2024-06-10 17:21
Investors might want to bet on ARKO Corp. (ARKO) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in ...