Investors might want to bet on ARKO Corp. (ARKO) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in ...

It's been nearly a year since the Federal Open Market Committee (FOMC) has maintained the Federal Funds rate within the range of 5.25% to 5.5%. Throughout this period, rates have remained steady as key inflation indicators have persistently stayed high. Inflation, particularly the personal consumption expenditures (PCE) price index, which the Fed targets at 2%, has remained elevated. Fed officials have made it clear over the past few months that they are in no hurry to lower the policy rate. The FOMC is unl ...

As the economy started to recover from the onset of 2023, primarily on an AI boom, investors rushed back to sectors with mega-cap growth stocks like tech and away from safer and cash-flow-generating sectors like consumer cyclicals. Consumer Staples, in 2023, declined for the second year in a row, with the Consumer Staples Select Sector SPDR (XLP) sliding less than 1%.However, the sector has recovered this year and was up 9.1% as of Jun 4. The calendar year has been marked by apprehensions about the Fed not ...

ARKO Corp. (ARKO) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this company have returned +40.8% over the past month versus the Zacks S&P 500 composite's +3.2% change. The Zacks Consumer Products - Staples industry, to which ARKO belongs, has gained 3.1% over this period. Now the key question is: Where could the stock be headed in the near term?Althoug ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being un ...

Shares of ARKO Corp. (ARKO) have gained 21.5% over the past four weeks to close the last trading session at $5.53, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $7.63 indicates a potential upside of 38%.The mean estimate comprises four short-term price targets with a standard deviation of $2.69. While the lowest estimate of $5 indicates a 9.6% decline from the current price le ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about ARKO Corp. (ARKO) .ARKO currently has an average brokerage recommendation ...

ARKO Corp. (ARKO) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this company have returned +25.6% over the past month versus the Zacks S&P 500 composite's +4% change. The Zacks Consumer Products - Staples industry, to which ARKO belongs, has gained 0.8% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or rumors ...

RICHMOND, Va., May 15, 2024 (GLOBE NEWSWIRE) -- GPM Investments, LLC ("GPM"), a wholly owned subsidiary of ARKO Corp. (NASDAQ:ARKO) a Fortune 500 company and one of the largest convenience store operators in the United States ("ARKO" or the "Company"), today announces it is now selling Nathan's Famous hot dogs. Nathan's Famous will be the Company's new supplier of quality, 100% all-beef hot dogs at more than 450 locations. This is a continuation of the Company's enhanced food program rollout, which aims to ...

Arko Corp. ( [ARKO] Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Arie Kotler - Chairman, President & CEO Rob Giammatteo - EVP & CFO Jordan Mann - IR Conference Call Participants Bobby Griffin - Raymond James Anthony Bonadio - Wells Fargo Ben Wood - BMO Capital Markets Karru Martinson - Jefferies Hal Holden - Barclays Mark Astrachan - Stifel Operator Greetings. Welcome to the Arko Corp. first quarter 2024 earnings conference call. [Operator Instructions] Please note this confe ...