Press coverage about Arcos Dorados (NYSE:ARCO) has been trending somewhat positive on Friday, Accern Sentiment reports. The research group rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Arcos Dorados earned a coverage optimism score of 0.09 on Accern’s scale. Accern also gave media stories about the restaurant operator an impact score of 46.6723332612568 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Several research firms recently issued reports on ARCO. TheStreet upgraded shares of Arcos Dorados from a “c+” rating to a “b” rating in a research report on Tuesday, November 21st. HSBC started coverage on shares of Arcos Dorados in a research report on Wednesday, November 15th. They set a “buy” rating and a $12.00 price objective for the company. BidaskClub lowered shares of Arcos Dorados from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, November 15th. Finally, Zacks Investment Research raised shares of Arcos Dorados from a “hold” rating to a “buy” rating and set a $11.00 target price for the company in a research note on Thursday, January 4th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company has an average rating of “Buy” and an average price target of $10.90.
Shares of Arcos Dorados (NYSE ARCO) traded down $0.15 during mid-day trading on Friday, reaching $9.65. 107,484 shares of the company’s stock traded hands, compared to its average volume of 424,851. The company has a current ratio of 0.99, a quick ratio of 0.89 and a debt-to-equity ratio of 1.45. The stock has a market capitalization of $2,050.00, a price-to-earnings ratio of 25.53, a PEG ratio of 2.16 and a beta of 1.88. Arcos Dorados has a one year low of $5.85 and a one year high of $10.80.
TRADEMARK VIOLATION WARNING: “Arcos Dorados (ARCO) Receiving Somewhat Positive News Coverage, Report Finds” was originally reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this article on another publication, it was stolen and republished in violation of US and international trademark and copyright laws. The correct version of this article can be viewed at https://www.dispatchtribunal.com/2018/02/16/arcos-dorados-arco-earning-somewhat-favorable-press-coverage-report-shows.html.
Arcos Dorados Company Profile
Arcos Dorados Holdings Inc is a McDonald’s franchisee. The Company operates or franchises over 2,140 McDonald’s-branded restaurants. It divides its operations into four geographical divisions: Brazil; the Caribbean division, consisting of Aruba, Colombia, Curacao, French Guiana, Guadeloupe, Martinique, Puerto Rico, Trinidad and Tobago, the United States Virgin Islands of Saint Croix and Saint Thomas, and Venezuela; the North Latin America division (NOLAD), consisting of Costa Rica, Mexico and Panama, and the South Latin America division (SLAD), consisting of Argentina, Chile, Ecuador, Peru and Uruguay.
Receive News & Ratings for Arcos Dorados Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arcos Dorados and related companies with MarketBeat.com's FREE daily email newsletter.