Figma Shares Indicated To Open $105/$110
Arko Corp (NASDAQ:ARKO)’s stock has hit a 52-week low, dropping to $4.07, as the company faces a challenging market environment. According to InvestingPro data, technical indicators suggest the stock is in oversold territory, while management has been actively buying back shares. This latest price level reflects a significant downturn over the past year, with Arko’s stock experiencing a 1-year change of -35.1%. Despite the decline, the company maintains strong fundamentals with a healthy current ratio of 1.62 and generates substantial free cash flow. Analysts maintain price targets ranging from $4.50 to $11, suggesting potential upside. Investors are closely monitoring the stock as it navigates through these headwinds, looking for signs of a potential rebound or further decline. The 52-week low serves as a critical point of reference for Arko’s performance and market valuation over the past year. For deeper insights and 13 additional ProTips about ARKO, visit InvestingPro.
In other recent news, Arko Corp. reported fourth-quarter 2024 earnings that missed analyst expectations, with an earnings per share (EPS) of -$0.03, falling short of the forecasted $0.02. Revenue for the quarter was $1.99 billion, significantly below the anticipated $2.27 billion. The company also noted a decline in both same-store merchandise sales and same-store fuel volume by 4.3% and 4.4%, respectively. Stifel analysts responded to these results by downgrading Arko’s stock from Buy to Hold, adjusting the price target to $7.50 from $8.50. Despite these challenges, Arko provided guidance for 2025, projecting adjusted EBITDA between $233 million and $253 million, although this is below the consensus estimate of $249.9 million. The company is focusing on channel optimization, including converting retail stores to dealer sites, which is expected to generate an annualized benefit exceeding $20 million. Arko’s ongoing transformation plan also includes strategic initiatives like the Fueling America’s Future campaign to drive customer engagement and fuel sales. These developments reflect the company’s efforts to navigate a challenging macroeconomic environment and evolving consumer preferences.
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