ARKO Corp. Shares Rally 41.6% Month-to-Date While Forward P/E Hits 54.8
ARKO shares rose 1.07% yesterday, trailing the S&P 500’s 1.97% gain, but have rallied 41.6% over the past month versus a 12.76% sector increase. Consensus forecasts ahead of upcoming earnings call project a 66.7% jump in EPS to -$0.01 on $1.81B revenue, while forward P/E sits at 54.8.
1. Recent Stock Performance
ARKO Corp. shares rose 1.07% in the latest session, trailing the S&P 500’s 1.97% gain while the Dow and Nasdaq gained 2.47% and 2.18%, respectively. Over the past month, shares have jumped 41.6%, outperforming the Consumer Staples sector’s 12.76% rise and the S&P 500’s 1.49% decline.
2. Upcoming Earnings Estimates
Ahead of its next earnings release, the company is forecast to report EPS of -$0.01, reflecting a 66.67% improvement year-over-year, on revenue of $1.81 billion, down 9.03% from the prior-year quarter. Full-year consensus projects EPS of $0.13 (flat year-over-year) and revenue of $7.66 billion, a 12.26% decline.
3. Valuation and Analyst Outlook
ARKO Corp. trades at a forward P/E of 54.75, compared with an industry average of 19.78, indicating a premium valuation. The stock holds a Zacks Rank #3 (Hold), with no change in consensus EPS estimates over the past 30 days and the industry ranked in the bottom 31% of over 250 groups.