Streetbeat News

ARCE

Arco Platform Ltd

arcoeducacao.com.br

CEO

Ari de Sa Cavalcante Neto

Employees

866

Industry

Elementary and Secondary Schools

arco é uma companhia brasileira focada em soluções educacionais para o ensino básico que desenvolve conteúdo, tecnologia e serviços para mais de 1.3 milhões de alunos e +5.000 escolas privadas de todo o país, abrangendo os segmentos da educação infantil ao ensino médio.aliar educação de excelência e gestão eficiente é o propósito da arco.

Open

13.98

Mkt cap

927M

Volume

471K

High

13.99

P/E Ratio

-73.58

52-wk high

14.22

Low

13.97

Div yield

N/A

52-wk low

10.63

FourWorld Capital Management LLC has reported a 10.38% stake in Arco Platform Ltd. as of November 2, 2023, according to a 13G filing with the SEC.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 6:38 pm

Arco Platform has announced that its shareholders have approved the merger agreement for the company to go private. This move will result in the delisting of Arco Platform's shares from the stock exchange.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 10:58 pm

Several analyst forecasts were released on Thursday, with notable changes in price targets and ratings for various companies. MetLife, Frontier Group Holdings, Cadence Design Systems, Darden Restaurants, Arco Platform, IBEX, Carrier Global, The J. M. Smucker Company, Arista Networks, Marathon Oil Corporation, and First Bancorp were all mentioned.

Portfolio Pulse from Lisa Levin

September 14, 2023 | 12:07 pm

JP Morgan analyst Marcelo Santos has downgraded Arco Platform (NASDAQ:ARCE) from Overweight to Neutral and lowered the price target from $17 to $14.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 9:10 am

Arco Platform (NASDAQ:ARCE) reported Q2 adjusted earnings of $0.24 per share, beating the analyst consensus estimate of $(0.09) by 364.44 percent. This is a 397.5 percent increase over losses of $(0.08) per share from the same period last year. However, the company's quarterly sales of $95.15 million missed the analyst consensus estimate of $101.22 million by 6.00 percent, though it's a 13.27 percent increase over sales of $84.00 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 8:30 pm

Arco Platform (NASDAQ:ARCE) reported Q2 sales of $95.15 million, missing the analyst consensus estimate of $101.22 million by 6.00 percent. However, this is a 13.27 percent increase over sales of $84.00 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 8:17 pm

Arco Platform (NASDAQ:ARCE) is set to release its latest quarterly earnings report on August 31, 2023. Analysts estimate an earnings per share (EPS) of $-0.09. The company's past performance shows a pattern of share price changes following earnings reports. The stock was trading at $13.68 as of August 29, with a 1.44% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 4:01 pm

Several stocks experienced significant price movements in Friday's mid-day session. Amyris, Inc. (AMRS) and Proterra Inc. (PTRA) both filed for Chapter 11 bankruptcy, causing their shares to jump 179.1% and 37% respectively. Rigetti Computing, Inc. (RGTI), Telesat Corporation (TSAT), Ouster, Inc. (OUST), Evolv Technologies Holdings, Inc. (EVLV), Innodata Inc. (INOD), Apyx Medical Corporation (APYX), IonQ, Inc. (IONQ), 2U, Inc. (TWOU), Groupon, Inc. (GRPN), Bitdeer Technologies Group (BTDR), MicroCloud Hologram Inc. (HOLO), Tango Therapeutics, Inc. (TNGX), Eton Pharmaceuticals, Inc. (ETON), ModivCare Inc. (MODV), WeWork Inc. (WE), Arco Platform Limited (ARCE), Semler Scientific, Inc. (SMLR), Soho House & Co Inc. (SHCO), CleanSpark, Inc. (CLSK), Consolidated Water Co. Ltd. (CWCO), Apellis Pharmaceuticals, Inc. (APLS), Pagaya Technologies Ltd. (PGY), Erasca, Inc. (ERAS), NextNav Inc. (NN), and Holley Inc. (HLLY) all reported better-than-expected results, causing their shares to rise. Cano Health, Inc. (CANO) reported worse-than-expected results and is pursuing a sale process, causing its shares to dip 70.7%. Yield10 Bioscience, Inc. (YTEN) announced pricing of a $3.7 million public offering, causing its shares to fall 58.1%. Maxeon Solar Technologies, Ltd. (MAXN) reported mixed results and issued FY23 revenue guidance below estimates, causing its shares to fall 32%.

Portfolio Pulse from Lisa Levin

August 11, 2023 | 5:47 pm

During Friday's intraday session, several consumer discretionary stocks experienced significant movement. Gainers included Genius Gr (GNS), 2U (TWOU), Aterian (ATER), Arco Platform (ARCE), Soho House (SHCO), and EZGO Technologies (EZGO). Losers included Fossil Group (FOSL), Visionary Education Tech (VEDU), PARTS iD (ID), Shift Techs (SFT), Workhorse Gr (WKHS), and RumbleON (RMBL). Most of these companies recently released their Q2 earnings reports.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 5:31 pm

Several US stocks recorded gains in Friday's session, with Evolv Technologies, Innodata, IonQ, Groupon, Bitdeer Technologies, Tango Therapeutics, Eton Pharmaceuticals, ModivCare, WeWork, Arco Platform, Semler Scientific, Soho House & Co, CleanSpark, Consolidated Water, Apellis Pharmaceuticals, Pagaya Technologies, Avadel Pharmaceuticals, Erasca, Sage Therapeutics, Blend Labs, NextNav, Similarweb, Granite Ridge Resources, Despegar.com, First Foundation, P10, Holley, Spectrum Brands, and Hawkins all seeing significant increases. Many of these companies recently reported better-than-expected financial results, while others saw their stock prices rise following positive analyst ratings or insider trading.

Portfolio Pulse from Lisa Levin

August 11, 2023 | 3:14 pm

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