Breaking Finance News

Arcos Dorados Holding Inc (NYSE:ARCO) has been downgraded to Hold in a report by Zacks Investment Research earlier today.

Zacks Investment Research has downgraded Arcos Dorados Holding Inc (NYSE:ARCO) to Hold in a statement released on 6/20/2017.

Previously on 6/16/2017, Zacks Investment Research reported about Arcos Dorados Holding Inc (NYSE:ARCO) raised the target price from $0.00 to $8.50. At the time, this indicated a possible upside of 0.10%.

Yesterday Arcos Dorados Holding Inc (NYSE:ARCO) traded 0.52% higher at $8.00. The company’s 50-day moving average is $9.00 and its 200-day moving average is $8.24. The last closing price is down 17.66% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 404,205 shares of ARCO traded, down from an avg. volume of 507,928

Recent Performance Chart

Arcos Dorados Holding Inc (NYSE:ARCO)

Arcos Dorados Holding Inc has PE ratio of 37.31 with a one year low of $4.88 and a one year high of $9.85 and has a market capitalization of $0.

General Company Details For Arcos Dorados Holding Inc (NYSE:ARCO)

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. Its menus feature over three tiers of products: entry-level options, such as its Big Pleasures, Small Prices offerings and Almuerzos Colombianos (Colombian Lunches) in Colombia; core menu options, such as the Big Mac, Happy Meal and Quarter Pounder, and premium options, such as Big Tasty or Angus premium hamburgers and chicken sandwiches and low-calorie or low-sodium products.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *