ARKO Corp (NASDAQ: ARKO) is -29.21% lower on its value in year-to-date trading and has touched a low of $6.08 and a high of $9.04 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ARKO stock was last observed hovering at around $6.09 in the last trading session, with the day’s loss setting it -0.25%.
Currently trading at $5.84, the stock is -19.22% and -24.19% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.92 million and changing -4.11% at the moment leaves the stock -24.45% off its SMA200. ARKO registered -30.97% loss for a year compared to 6-month gain of -22.24%. The firm has a 50-day simple moving average (SMA 50) of $0.33 and a 200-day simple moving average (SMA200) of $11.69.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -30.14% loss in the last 1 month and extending the period to 3 months gives it a -24.45%, and is -9.46% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.14% over the week and 3.89% over the month.
ARKO Corp (ARKO) has around 13481 employees, a market worth around $700.80M and $9.41B in sales. Current P/E ratio is 24.65 and Fwd P/E is 155.73. Profit margin for the company is 0.30%. Distance from 52-week low is -3.95% and -35.40% from its 52-week high. The company has generated returns on investments over the last 12 months (1.02%).
ARKO Corp quarterly earnings per share for the current quarter are estimated at -$0.19 with sales reaching $2.08B over the same period.The EPS is expected to shrink by -76.04% this year, but quarterly earnings will post -1.40% year-over-year. Quarterly sales are estimated to shrink -0.50% in year-over-year returns.
143 institutions hold shares in ARKO Corp (ARKO), with institutional investors hold 82.15% of the company’s shares. The shares outstanding are 116.17M, and float is at 73.50M with Short Float at 3.94%. Institutions hold 58.72% of the Float.
The top institutional shareholder in the company is Davidson Kempner Partners with over 23.14 million shares valued at $196.46 million. The investor’s holdings represent 19.50% of the ARKO Shares outstanding. As of Jun 29, 2023, the second largest holder is Davidson Kempner Capital Management LP with 23.14 million shares valued at $183.96 million to account for 19.50% of the shares outstanding. The other top investors are Hp Holding LLC F/k/a Istm Associates, LLC which holds 10.24 million shares representing 8.63% and valued at over $81.42 million, while Blackrock Inc. holds 4.80% of the shares totaling 5.69 million with a market value of $45.27 million.
ARKO Corp (ARKO) Insider Activity
The most recent transaction is an insider sale by Willner Morris, the company’s 10% Owner. SEC filings show that Willner Morris sold 2,792,631 shares of the company’s common stock on Feb 28 ’24 at a price of $6.76 per share for a total of $18.88 million. Following the sale, the insider now owns 11.68 million shares.
