ARKO (US:ARKO) ZACKSยท2024-06-17 22:56Company 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]