Streetbeat News

ARKO

Arko Corp.

https://www.arkocorp.com

Industry

Specialty Retail

Arko Corp. operates convenience stores in the United States. It operates through three segments: Retail, Wholesale, and GPM Petroleum. The Retail segment engages in the sale of fuel and merchandise to retail consumers. The Wholesale segment supplies fuel to third-party dealers and consignment agents. The GPM Petroleum segment supplies fuel to independent dealers, and bulk and spot purchasers. It operates approximately 3,000 locations comprising approximately 1,400 company-operated stores and approximately 1,650 dealer sites. The company is based in Richmond, Virginia.

Open

6.82

Mkt cap

777M

Volume

139K

High

6.95

P/E Ratio

41.97

52-wk high

8.42

Low

6.64

Div yield

0.02

52-wk low

4.09

The article reports on significant movements in consumer discretionary stocks during Wednesday's intraday session, highlighting both gainers and losers based on their performance. Notably, companies like Cricut, Luminar Technologies, and Mullen Automotive saw substantial increases in their stock prices, largely attributed to their Q1 earnings reports. Conversely, stocks such as Cazoo Group, ODP, and National Vision Holdings experienced declines, with some attributing their performance to recent earnings reports.

Portfolio Pulse from Benzinga Insights

May 08, 2024 | 4:31 pm

Louisiana-Pacific Corporation (NYSE:LPX) and other companies such as Cricut, Inc. (NASDAQ:CRCT), Elanco Animal Health Incorporated (NYSE:ELAN), and American Public Education, Inc. (NASDAQ:APEI) saw significant stock price increases following better-than-expected quarterly results. The positive earnings reports led to a surge in stock prices for these companies, with LPX rising 15% after reporting a 24% year-over-year net sales growth.

Portfolio Pulse from Avi Kapoor

May 08, 2024 | 3:11 pm

ARKO Corp projects its adjusted EBITDA for Q2 2024 to be between $70M and $77M.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 9:43 pm

ARKO reported Q1 2024 earnings with a GAAP EPS of $(0.02), surpassing the $(0.17) estimate, indicating a significant beat by 88.24%. However, its sales of $2.072B slightly missed the $2.079B estimate, marking a minor shortfall of 0.32% and a 0.79% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:54 pm

Wells Fargo analyst Anthony Bonadio has maintained an Equal-Weight rating on ARKO Corp (NASDAQ:ARKO) and reduced the price target from $7 to $5.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 2:03 pm

ARKO Corp's subsidiary is set to open a new Handy Mart store in Newport, North Carolina, expanding its retail footprint.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 11:03 am

In Thursday's after-market session, several consumer discretionary stocks showed notable movements. Aterian, BurgerFi International, Cango, Connexa Sports Techs, CarParts.com, and ARKO were among the gainers, with increases ranging from 2.69% to 5.8%. On the downside, Lixiang Education Hldg, Cricut, JX Luxventure, Naas Technology, SRM Entertainment, and Kaixin Holdings experienced declines between 2.6% and 4.6%.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 8:31 pm

Today's session highlighted significant options activity for 10 consumer discretionary stocks, indicating potential trading opportunities based on whale alerts. These alerts track large transactions and divergences in market estimations of option values. Notable activities include bullish sentiment on AMZN, ARKO, LCID, LSEA, NKE, and LULU options, bearish sentiment on NIO and JACK, and neutral sentiment on TSLA and PENN.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 5:35 pm

ARKO Corp. has successfully renegotiated the deferred payment terms for its acquisition of Transit Energy Group, enhancing stockholder value.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 11:08 am

The article highlights the top 5 consumer discretionary stocks considered oversold based on their Relative Strength Index (RSI), suggesting potential buying opportunities. These include Arko Corp. (ARKO), Choice Hotels International, Inc. (CHH), Standard Motor Products, Inc. (SMP), Big 5 Sporting Goods Corporation (BGFV), and Rivian Automotive, Inc. (RIVN), each with recent financial results and stock performance.

Portfolio Pulse from Avi Kapoor

March 05, 2024 | 12:53 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.