ARKO Corp (NASDAQ: ARKO) is -37.33% lower on its value in year-to-date trading and has touched a low of $3.76 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 $4.17 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $4.13, the stock is 1.15% and -29.69% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.02 million and changing -0.96% at the moment leaves the stock -35.26% off its SMA200. ARKO registered -28.17% loss for a year compared to 6-month gain of -40.06%. The firm has a 50-day simple moving average (SMA 50) of $5.918 and a 200-day simple moving average (SMA200) of $6.38955.
The stock witnessed a -42.24% loss in the last 1 month and extending the period to 3 months gives it a -39.00%, and is 0.98% up 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 3.93% over the week and 7.28% over the month.
ARKO Corp (ARKO) has around 11772 employees, a market worth around $478.14M and $8.73B in sales. Current P/E ratio is 32.19 and Fwd P/E is 236.00. Profit margin for the company is 0.17%. Distance from 52-week low is 9.99% and -47.32% from its 52-week high. The company has generated returns on investments over the last 12 months (0.53%).
The EPS is expected to shrink by -75.00% this year
178.0 institutions hold shares in ARKO Corp (ARKO), with institutional investors hold 89.70% of the company’s shares. The shares outstanding are 115.77M, and float is at 73.64M with Short Float at 4.15%. Institutions hold 62.83% of the Float.
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 5.4155 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.
