With 1.46 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.68 million shares. The 52-week range on ARCO shows that it touched its highest point at $10.55 and its lowest point at $6.66 during that stretch. It currently has a 1-year price target of $10.05. With its current market cap of 1.58 billion, ARCO has annualized dividend of $0.24 while the current yield stands at 3.19%. Beta for the stock currently stands at 0.63.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ARCO was up-trending over the past week, with a rise of 2.45%, but this was down by -4.81% over a month. Three-month performance dropped to -4.93% while six-month performance fell -7.96%. The stock lost -21.42% in the past year, while it has gained 3.30% so far this year. A look at the trailing 12-month EPS for ARCO yields 0.64 with Next year EPS estimates of 0.80. For the next quarter, that number is 0.09. This implies an EPS growth rate of -11.62% for this year and 27.89% for next year. EPS is expected to grow by 11.59% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 12.81%.
Float and Shares Shorts:
At present, 130.66 million ARCO shares are outstanding with a float of 121.07 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ARCO since 5 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.68263 being high and $0.62468 being low. For ARCO, this leads to a yearly average estimate of $0.64801.
