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 ...

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 ...

Core Viewpoint - The Federal Open Market Committee (FOMC) has maintained the Federal Funds rate between 5.25% and 5.5% for nearly a year, with no immediate plans to lower rates despite persistent high inflation, particularly in the personal consumption expenditures (PCE) price index, which the Fed targets at 2% [1] Group 1: High Interest Rates and Value Investing - High interest rates create challenges but also opportunities for long-term investors focused on strong fundamentals, allowing them to acquire quality stocks at attractive prices [2] - Value investors can navigate a high interest rate environment by evaluating intrinsic value, focusing on resilient companies, and maintaining a patient approach [2] Group 2: Earnings Yield as a Valuation Metric - Earnings yield is calculated as (Annual Earnings per Share/Market Price) x 100, with higher earnings yield stocks likely to provide better returns [3] - This ratio is useful for comparing stocks with market indices or fixed-income securities, indicating that stocks may be undervalued compared to bonds when their yield exceeds the 10-year Treasury yield [4] Group 3: Stock Screening Criteria - A primary screening criterion for selecting stocks is an Earnings Yield greater than 10%, supplemented by additional parameters such as estimated EPS growth, average daily volume, current price, and buy-rated stocks [5] Group 4: Top Picks for High-Earnings Yield Value Stocks - Hanesbrands Inc. (HBI) is projected to have year-over-year earnings growth of 667% and 54% for 2024 and 2025, respectively, with a Zacks Rank 1 and Value Score of A [7] - Arko Corp. (ARKO) is expected to see earnings growth of 125% in 2024, also holding a Zacks Rank 1 and Value Score of A [8] - Great Lakes Dredge & Dock Corporation (GLDD) anticipates earnings growth of 421% and 16% for 2024 and 2025, with a Zacks Rank 1 and Value Score of B [9] - Sylvamo Corporation (SLVM) projects earnings growth of 4% and 5% for 2024 and 2025, holding a Zacks Rank 1 and Value Score of A [10] - SkyWest, Inc. (SKYW) expects earnings growth of 784% and 17% for 2024 and 2025, with a Zacks Rank 1 and Value Score of A [11]

Core Insights - The consumer staples sector has shown resilience, recovering with a 9.1% increase as of June 4, 2023, after a decline in 2022 [1] - Defensive stocks within the consumer staples sector are gaining investor interest due to their stability amid market volatility [1] - The sector is characterized by low price volatility, reliable profits, and dividends, making it a safe investment choice [2] Economic Indicators - U.S. consumer prices increased by 0.3% month-over-month in April, slightly below the consensus estimate of 0.4% [2] - PCE Inflation, a key indicator for the Federal Reserve, dropped by 0.1% in April, indicating increased purchasing power for consumers [2] Stock Picks - Arko Corp. (ARKO) has an expected earnings growth rate of 125% for the current year, with a Zacks Rank of 1 and a VGM Score of A [3] - Edgewell Personal Care Company (EPC) has an expected earnings growth rate of 14.1% for the current year, also holding a Zacks Rank of 1 and a VGM Score of A [4] - Kimberly-Clark Corporation (KMB) has an expected earnings growth rate of 7% for the current year, with a Zacks Rank of 2 and a VGM Score of B [4]

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 ...