ARCO Stock Summary and Trading Ideas (Arcos Dorados Holdings Class A Shares | NYSE:ARCO)

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 November 21, 2024, ARCO stock price declined to $8.42 with 90,476 million shares trading.

ARCO has a beta of 0.25, meaning it tends to be less sensitive to market movements. ARCO has a correlation of 0.01 to the broad based SPY ETF.

ARCO has a market cap of $1.77 billion. This is considered a Small Cap stock.

Last quarter Arcos Dorados Holdings Class A Shares reported $1 billion in Revenue and $.17 earnings per share. This beat revenue expectation by $14 million and exceeded earnings estimates by $.01.

In the last 3 years, ARCO traded as high as $13.20 and as low as $4.83.

The top ETF exchange traded funds that ARCO belongs to (by Net Assets): ARGT, FNDA, PRFZ, SMLF, JEMA.

ARCO has underperformed the market in the last year with a price return of -24.2% while the SPY ETF gained +31.4%. ARCO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -7.5% and -3.1%, respectively, while the SPY returned +5.9% and -0.2%, respectively.

ARCO support price is $8.33 and resistance is $8.71 (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 shares will trade within this expected range on the day.