Research analysts at StockNews.com started coverage on shares of Arcos Dorados (NYSE:ARCO – Get Rating) in a report released on Thursday. The brokerage set a “strong-buy” rating on the restaurant operator’s stock.
Separately, Barclays upped their price objective on shares of Arcos Dorados from $9.00 to $10.00 and gave the company an “overweight” rating in a research note on Monday, February 6th. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $10.00.
Arcos Dorados Stock Performance
Shares of NYSE:ARCO opened at $7.83 on Thursday. The company has a quick ratio of 0.90, a current ratio of 0.97 and a debt-to-equity ratio of 2.99. The firm has a market cap of $1.65 billion, a PE ratio of 12.43, a PEG ratio of 1.11 and a beta of 0.99. The company’s 50 day moving average price is $8.39 and its two-hundred day moving average price is $7.79. Arcos Dorados has a 12-month low of $6.23 and a 12-month high of $9.04.
Institutional Inflows and Outflows
Arcos Dorados Company Profile
Arcos Dorados Holdings, Inc engages in the operation of restaurants. The firm operates and franchises McDonald’s restaurants in the food services industry through its subsidiaries. It operates through the following geographical segments: Brazil, Caribbean Division, North Latin America division (NOLAD), and South Latin America division (SLAD).
- Get a free copy of the StockNews.com research report on Arcos Dorados (ARCO)
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