ARKO Corp. (ARKO) ended the recent trading session at $4.16, demonstrating a +1.22% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 0.06% for the day. Meanwhile, the Dow gained 0.38%, and the Nasdaq, a tech-heavy index, lost 0.44%.
Shares of the company have depreciated by 9.07% over the course of the past month, underperforming the Consumer Staples sector's loss of 0.73%, and the S&P 500's gain of 2.36%.
Analysts and investors alike will be keeping a close eye on the performance of ARKO Corp. in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.12, indicating a 20% growth compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $2.02 billion, showing a 0.07% drop compared to the year-ago quarter.
ARKO's full-year Zacks Consensus Estimates are calling for earnings of $0.11 per share and revenue of $7.99 billion. These results would represent year-over-year changes of -26.67% and +4.57%, respectively.
It's also important for investors to be aware of any recent modifications to analyst estimates for ARKO Corp. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. ARKO Corp. is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note ARKO Corp.'s current valuation metrics, including its Forward P/E ratio of 37.36. This represents a premium compared to its industry average Forward P/E of 19.76.
The Consumer Products - Staples industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 184, putting it in the bottom 26% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
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This article originally published on Zacks Investment Research (zacks.com).