The price of ARCO is predicted to go up -11.38%, based on the high correlation periods with FNWB. The similarity of these two price pattern on the periods is 98.07%.
ARCO
FNWB
Down: -11.38%Similarity: 98.07%
ARCO Revenue Forecast
ARCO EPS Forecast
ARCO FAQs
What is bull’s view on ARCO?
ARCO stock is currently trading at $7.57, reflecting a 3.98% gain following the renewal of its 20-year Master Franchise Agreement with McDonald's. This agreement solidifies ARCO's market leadership in Latin America and provides long-term growth potential through restaurant expansion. The bullish view anticipates further upside as the company leverages this partnership to unlock shareholder value.
What is bear's view on ARCO?
ARCO stock closed at $7.75 on January 31, 2025, down 1.15% for the day. The recent 20-year franchise renewal with McDonald's is a positive long-term catalyst, but the increased royalty fees could pressure margins. Current price action suggests limited upside in the near term, with resistance around $7.87 and support near $7.71.
What is ARCO revenue forecast for next quarter?
The market consensus for ARCO's revenue in the upcoming quarter is projected to be approximately $1.069B USD.