Arcos Dorados (NYSE:ARCO) Cut to Hold at ValuEngine – PressOracle
Arcos Dorados (NYSE:ARCO) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday, January 2nd. Arcos Dorados has a fifty-two week low of $6.05 and a fifty-two week high of $10.32. The firm had revenue of $724.37 million during the quarter. As a group, sell-side analysts forecast that Arcos Dorados will post 0.28 EPS for the current fiscal year. Capstone Financial Advisors Inc. now owns 77,138 shares of the restaurant operator’s stock worth $536,000 after purchasing an additional 11,881 shares during the period.