Arcos Dorados (NYSE:ARCO) Stock Gets Price Target Trim from JPMorgan Chase & Co.

Arcos Dorados (NYSE:ARCO) had its price objective trimmed by JPMorgan Chase & Co. from $10.50 to $10.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm currently has an overweight rating on the restaurant operator’s stock.

Several other analysts have also weighed in on the stock. Weiss Ratings upgraded shares of Arcos Dorados from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, October 8th. Bank of America lowered shares of Arcos Dorados from a “buy” rating to a “neutral” rating and set a $9.00 price target for the company. in a research report on Monday, October 26th. Zacks Research upgraded Arcos Dorados from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 20th. Finally, Wall Street Zen raised Arcos Dorados from a “hold” rating to a “buy” rating in a report on Saturday, November 7th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Arcos Dorados has a consensus rating of “Moderate Buy” and a consensus price target of $9.50.

Arcos Dorados Stock Up 0.8%

ARCO opened at $7.00 on Tuesday. The company has a market capitalization of $1.47 billion, a P/E ratio of 5.73 and a beta of 0.54. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.88 and a quick ratio of 0.81. The firm’s fifty day moving average price is $7.54 and its two-hundred day moving average price is $8.17. Arcos Dorados has a fifty-two week low of $6.67 and a fifty-two week high of $9.75.

Arcos Dorados (NYSE:ARCO) last announced its quarterly earnings data on Thursday, November 12th. The restaurant operator reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.01. The company had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.32 billion. Arcos Dorados had a net margin of 5.15% and a return on equity of 12.50%. On average, analysts anticipate that Arcos Dorados will post 0.79 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of ARCO. Boston Partners boosted its holdings in shares of Arcos Dorados by 7.3% in the 3rd quarter. Boston Partners now owns 1,127,566 shares of the restaurant operator’s stock worth $8,062,000 after acquiring an additional 77,111 shares in the last quarter. Drive Wealth Management LLC bought a new stake in Arcos Dorados during the 3rd quarter worth approximately $119,000. R Squared Ltd increased its holdings in Arcos Dorados by 58.6% during the 3rd quarter. R Squared Ltd now owns 20,330 shares of the restaurant operator’s stock valued at $145,000 after purchasing an additional 7,509 shares in the last quarter. Private Management Group Inc. increased its holdings in Arcos Dorados by 3.0% during the 3rd quarter. Private Management Group Inc. now owns 3,416,163 shares of the restaurant operator’s stock valued at $24,426,000 after purchasing an additional 98,070 shares in the last quarter. Finally, State of Wyoming acquired a new stake in Arcos Dorados during the 3rd quarter valued at $249,000. Institutional investors own 55.91% of the company’s stock.

Recent Arcos Dorados Headlines

Here are a few of the latest headlines about ARCO:

• Positive Sentiment: Arcos Dorados reported third-quarter earnings of $0.15 per share, above analyst estimates of $0.13–$0.14 and up from $0.12 a year earlier. Revenue of $1.33 billion also topped the $1.32 billion estimate. Arcos Dorados Surpasses Q3 Earnings and Revenue Estimates
• Positive Sentiment: The company outlined plans for 550–600 restaurant openings from 2027 to 2030, backed by $1.3 billion–$1.5 billion in capital spending, and launched a $25 million share buyback. Expansion could support longer-term growth, although the spending plan is sizable. Arcos Dorados Outlines Expansion, Capital Spending and Buyback Plans
• Negative Sentiment: JPMorgan cut its price target on ARCO, a potentially negative signal for the stock; the supplied report does not specify the revised target or rationale. JPMorgan Cuts Arcos Dorados Stock Price Target

Arcos Dorados Company Profile

Arcos Dorados Holdings operates McDonald’s restaurants in Latin America and the Caribbean under a master franchise agreement. It is the largest independent McDonald’s franchisee in the world by restaurant count, with operations across 20 countries and territories in the region. The company’s restaurants serve McDonald’s menu items, including burgers, fries, chicken, breakfast foods, desserts and beverages. Its services also include McCafé offerings, delivery and digital ordering through channels such as mobile apps and kiosks.