Arcos Dorados Holding Inc (NYSE:ARCO) has earned a consensus recommendation of “Buy” from the seven ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $10.87.

A number of research firms have recently weighed in on ARCO. BidaskClub lowered Arcos Dorados from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 15th. Zacks Investment Research raised Arcos Dorados from a “hold” rating to a “buy” rating and set a $12.00 price objective on the stock in a research report on Friday, November 10th. HSBC began coverage on Arcos Dorados in a research report on Wednesday, November 15th. They set a “buy” rating and a $12.00 price objective on the stock. Finally, TheStreet raised Arcos Dorados from a “c+” rating to a “b” rating in a research report on Tuesday, November 21st.

Shares of Arcos Dorados (ARCO) opened at $10.20 on Monday. Arcos Dorados has a 12-month low of $5.60 and a 12-month high of $10.80. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.89 and a current ratio of 0.99. The firm has a market capitalization of $2,089.61, a price-to-earnings ratio of 26.84, a PEG ratio of 2.25 and a beta of 2.04.

Arcos Dorados (NYSE:ARCO) last posted its quarterly earnings data on Wednesday, November 8th. The restaurant operator reported $0.11 earnings per share for the quarter. Arcos Dorados had a return on equity of 20.04% and a net margin of 2.51%. research analysts forecast that Arcos Dorados will post 0.43 EPS for the current fiscal year.

Institutional investors have recently bought and sold shares of the company. Neuberger Berman Group LLC purchased a new stake in shares of Arcos Dorados during the third quarter worth $103,000. Virtu Financial LLC purchased a new position in Arcos Dorados in the third quarter valued at $105,000. Stratos Wealth Partners LTD. purchased a new position in Arcos Dorados in the third quarter valued at $110,000. Fox Run Management L.L.C. purchased a new position in Arcos Dorados in the fourth quarter valued at $129,000. Finally, Janney Montgomery Scott LLC purchased a new position in Arcos Dorados in the third quarter valued at $125,000. 36.60% of the stock is currently owned by institutional investors and hedge funds.

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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.

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