ARKO Corp (NASDAQ: ARKO) is -35.51% lower on its value in year-to-date trading and has touched a low of $3.96 and a high of $7.84 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 $4.08 in the last trading session, with the day’s gains setting it 0.17%.
Currently trading at $4.25, the stock is -34.90% and -35.88% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.4 million and changing 4.17% at the moment leaves the stock -34.74% off its SMA200. ARKO registered -34.62% loss for a year compared to 6-month gain of -32.11%.
The stock witnessed a -39.20% loss in the last 1 month and extending the period to 3 months gives it a -40.64%, and is -41.46% 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 14.20% over the week and 6.92% over the month.
ARKO Corp (ARKO) has around 11772 employees, a market worth around $492.03M and $8.73B in sales. Current P/E ratio is 33.13 and Fwd P/E is 242.86. Profit margin for the company is 0.17%. Distance from 52-week low is 7.32% and -45.79% from its 52-week high. The company has generated returns on investments over the last 12 months (0.53%).
with sales reaching $1.85B over the same period.The EPS is expected to shrink by -75.00% this year, but quarterly earnings will post -9.22% year-over-year. Quarterly sales are estimated to shrink -10.95% in year-over-year returns.
The shares outstanding are 115.77M, and float is at 74.00M with Short Float at 3.17%.
The top institutional shareholder in the company is DAVIDSON KEMPNER CAPITAL MANAGEMENT LP with over 23.14 million shares valued at $144.62 million. The investor’s holdings represent 19.9897 of the ARKO Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 6.27 million shares valued at $39.31 million to account for 5.3455 of the shares outstanding. The other top investors are PHOENIX HOLDINGS LTD. which holds 5.86 million shares representing 5.0661 and valued at over $36.77 million, while INVESCO LTD. holds 3.2267 of the shares totaling 3.74 million with a market value of $23.42 million.
ARKO Corp (ARKO) Insider Activity
A total of 0 insider transactions have happened at ARKO Corp (ARKO) in the last six months, with sales accounting for 0 and purchases happening 0 times.
