18-Mar-2024
Arcos Dorados declares $0.24 annual dividend payable in four installments of $0.06 a share
Seeking Alpha News (Mon, 18-Mar 1:40 AM ET)
Arcos Dorados Reports Strong Fourth Quarter and Full Year 2023 Financial Results
Business Wire (Wed, 13-Mar 7:30 AM ET)
Arcos Dorados to Host Its 2024 Annual General Shareholders' Meeting
Business Wire (Fri, 8-Mar 7:22 AM ET)
Arcos Dorados Holdings Inc. (NYSE:ARCO) Fourth Quarter 2023 Results Webcast Date and Time
Business Wire (Mon, 19-Feb 7:30 AM ET)
Business Wire (Mon, 29-Jan 4:30 PM ET)
Arcos Dorados to Participate in Upcoming Investor Events
Business Wire (Wed, 17-Jan 7:30 AM ET)
Arcos Dorados Holdings Inc operates McDonald's-branded restaurants in approximately 20 countries and territories in Latin America and the Caribbean. It functions through two sources which include company-operated restaurants and franchised restaurants segment. Their menu includes hamburgers, McNuggets, salad, sandwiches, french fries and others.
Arcos Dorados Holdings Class A Shares trades on the NYSE stock market under the symbol ARCO.
As of March 18, 2024, ARCO stock price declined to $10.92 with 1,705,786 million shares trading.
ARCO has a beta of 1.21, meaning it tends to be more sensitive to market movements. ARCO has a correlation of 0.17 to the broad based SPY ETF.
ARCO has a market cap of $2.26 billion. This is considered a Mid Cap stock.
Last quarter Arcos Dorados Holdings Class A Shares reported $1 billion in Revenue and $.26 earnings per share. This beat revenue expectation by $26 million and missed earnings estimates by -$.05.
In the last 3 years, ARCO stock traded as high as $13.20 and as low as $4.33.
The top ETF exchange traded funds that ARCO belongs to (by Net Assets): ARGT, FNDA, PRFZ, SMLF, JEMA.
ARCO has outperformed the market in the last year with a return of +41.9%, while the SPY ETF gained +33.9%. However, in the most recent history, ARCO shares have underperformed the stock market with its stock returning -10.0% in the last 3 month period and -7.6% for the last 2 week period, while SPY has returned +9.6% and +0.3%, respectively.
ARCO support price is $11.14 and resistance is $11.57 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ARCO stock will trade within this expected range on the day.