Latest news with #ARKO
Yahoo
5 days ago
- Business
- Yahoo
Is ARKO (ARKO) a Buy as Wall Street Analysts Look Optimistic?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about ARKO Corp. (ARKO) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. ARKO currently has an average brokerage recommendation (ABR) of 2.00, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by four brokerage firms. An ABR of 2.00 indicates Buy. Of the four recommendations that derive the current ABR, two are Strong Buy, representing 50% of all recommendations. Check price target & stock forecast for ARKO here>>>While the ABR calls for buying ARKO, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential. Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations. In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement. With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near -term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision. In spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures. Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5. Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide. On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks. There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices. In terms of earnings estimate revisions for ARKO, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $0.08. Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for ARKO. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for ARKO. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ARKO Corp. (ARKO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
26-05-2025
- Business
- Yahoo
Here is What to Know Beyond Why ARKO Corp. (ARKO) is a Trending Stock
ARKO Corp. (ARKO) has recently been on list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this company have returned +7.7% over the past month versus the Zacks S&P 500 composite's +8.2% change. The Zacks Consumer Products - Staples industry, to which ARKO belongs, has gained 0.2% over this period. Now the key question is: Where could the stock be headed in the near term? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. For the current quarter, ARKO is expected to post earnings of $0.12 per share, indicating a change of +9.1% from the year-ago quarter. The Zacks Consensus Estimate has changed +4.4% over the last 30 days. For the current fiscal year, the consensus earnings estimate of $0.08 points to a change of -38.5% from the prior year. Over the last 30 days, this estimate has changed -15.8%. For the next fiscal year, the consensus earnings estimate of $0.10 indicates a change of +25% from what ARKO is expected to report a year ago. Over the past month, the estimate has changed +42.9%. Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, ARKO is rated Zacks Rank #3 (Hold). The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth. For ARKO, the consensus sales estimate for the current quarter of $2.08 billion indicates a year-over-year change of -12.8%. For the current and next fiscal years, $7.97 billion and $7.97 billion estimates indicate -8.7% and 0% changes, respectively. ARKO reported revenues of $1.83 billion in the last reported quarter, representing a year-over-year change of -11.8%. EPS of -$0.12 for the same period compares with -$0.02 a year ago. Compared to the Zacks Consensus Estimate of $1.81 billion, the reported revenues represent a surprise of +1.06%. The EPS surprise was +29.41%. Over the last four quarters, the company surpassed EPS estimates just once. The company topped consensus revenue estimates just once over this period. No investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance. While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price. As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. ARKO is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade. The facts discussed here and much other information on might help determine whether or not it's worthwhile paying attention to the market buzz about ARKO. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ARKO Corp. (ARKO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Korea Herald
26-05-2025
- Entertainment
- Korea Herald
Arts Council Korea to Host ARKO Global Week Presenting A Global Vision: Connecting Korean Arts with the World
SEOUL, South Korea, May 26, 2025 /PRNewswire/ -- The Arts Council Korea (ARKO) is hosting "ARKO Global Week," from May 24 until May 30, 2025, featuring a series of major international programs and events that reinforce Korea's role as a global cultural hub. The week includes the 10th World Summit on Arts and Culture, which brings together global leaders from the arts and culture sectors, and APE CAMP, a collaborative platform fostering innovation between emerging artists and technology developers worldwide. Through these efforts, ARKO seeks to position Korea as a key player in international cultural exchange and to open a new chapter in its global engagement strategy. ARKO Announces Global Vision and New International Strategies At a press briefing on May 14 at the ARKO Art Center in Daehak-ro, Seoul, Chairman Byoung Gug Choung unveiled ARKO's new global vision, themed "Connecting Korean Arts with the World." He also outlined a suite of strategic initiatives aimed at deepening international collaboration and creative development, including: 10th World Summit on Arts and Culture to Convene in Daehak-ro The 10th World Summit on Arts and Culture, co-hosted by ARKO and the International Federation of Arts Councils and Culture Agencies (IFACCA), will be held May 27–30 in Daehak-ro. The event is expected to bring together over 400 professionals from more than 80 countries, including 105 speakers representing 62 nations, comprising policymakers, cultural leaders, scholars, artists, and government officials. Under the theme "Charting the Future of Arts and Culture," the summit will tackle global challenges such as AI and digital transformation, climate change, and community resilience, focusing on how the arts can respond to and shape these evolving realities. APE CAMP: A Global Crossroads for Artists and Tech Innovators Launched in 2022, APE CAMP is now in its fourth year as APE CAMP is ARKO's signature international platform for interdisciplinary collaboration. This year's edition attracted over 200 applicants from 67 countries, demonstrating growing global interest. The program includes: The 2025 edition will gather 100 participants from 22 countries, mentored by leading institutions including ZKM (Germany) and SAT (Canada). Participants will engage in hands-on creative experiments that blend artistic vision with emerging technologies. Commemorating 30 Years of the Korean Pavilion at the Venice Biennale To mark the 30th anniversary of the Korean Pavilion at the Venice Biennale, ARKO is presenting the architecture exhibition "Little Toad, Little Toad: Unbuilding Pavilion", on view from May 10 to November 23 at the Giardini in Venice. The exhibition reflects on the past, present, and future of the Korean Pavilion, with a particular focus on sustainability in the architecture of national pavilions. On May 9, ARKO hosted a dedicated architecture forum, "Vision and Legacy: 30 Years of the Korean Pavilion," featuring key figures such as Franco Mancuso, co-architect of the Korean Pavilion, and Cho Min-suk, commissioner of the 2014 Golden Lion-winning exhibition. Launch of ARKO Art Studio and Expansion of International Programs ARKO recently opened the ARKO Art Studio in Pyeongchang-dong, Seoul - a new creative base for visual artists. The facility includes five private studios, an outdoor performance stage, and an academic hall. It will host 10 resident artists, with programming that includes cultural tours, mentorship, seminars, open studios, art fair participation, and exhibitions. In addition, ARKO is expanding global partnerships to support Korean artists abroad. Current collaborators include: In 2025, ARKO is running residency programs with 23 partner organizations across five global regions and has launched new collaborations with institutions such as New Museum's NEW INC (USA), transmediale (Germany), and Ain Shams University (Egypt). New initiatives to support the international visibility of Korean arts include: Additionally, ARKO is also enhancing inbound cultural exchange through a new Inbound Cooperation Program themed around "Regional Decline," encouraging dialogue and experimental artistic responses to this urgent issue. Chairman Choung concluded, "ARKO will continue to take bold steps to foster a sustainable ecosystem for Korean arts. By transcending borders and partnering with global institutions, we aim to make Korean arts more accessible, more connected, and more inspiring to the world." Press materials and images are available for download via the Arts Council Korea Google Drive. [ARKO] 2025_Global Week presskit - Google Drive
Yahoo
26-05-2025
- Entertainment
- Yahoo
Arts Council Korea to Host ARKO Global Week Presenting A Global Vision: Connecting Korean Arts with the World
ARKO Global Week Spotlights Major International Events, Including the 10th World Summit on Arts and Culture and APE CAMP (May 24–30) ARKO Announces Global Vision and Strategic Initiatives to Advance Artistic Creation and Cultural Exchange Celebrating 30 Years of the Korean Pavilion at the Venice Biennale with a New Architecture Exhibition and Expanded Global Programming SEOUL, South Korea, May 26, 2025 /PRNewswire/ -- The Arts Council Korea (ARKO) is hosting "ARKO Global Week," from May 24 until May 30, 2025, featuring a series of major international programs and events that reinforce Korea's role as a global cultural hub. The week includes the 10th World Summit on Arts and Culture, which brings together global leaders from the arts and culture sectors, and APE CAMP, a collaborative platform fostering innovation between emerging artists and technology developers worldwide. Through these efforts, ARKO seeks to position Korea as a key player in international cultural exchange and to open a new chapter in its global engagement strategy. ARKO Announces Global Vision and New International Strategies At a press briefing on May 14 at the ARKO Art Center in Daehak-ro, Seoul, Chairman Byoung Gug Choung unveiled ARKO's new global vision, themed "Connecting Korean Arts with the World." He also outlined a suite of strategic initiatives aimed at deepening international collaboration and creative development, including: Co-hosting the 10th World Summit on Arts and Culture Organizing the 4th APE CAMP Participating in the 19th International Architecture Exhibition at the 2025 Venice Biennale Launching the ARKO Creative Studio Strengthening partnerships with major global arts and culture institutions 10th World Summit on Arts and Culture to Convene in Daehak-ro The 10th World Summit on Arts and Culture, co-hosted by ARKO and the International Federation of Arts Councils and Culture Agencies (IFACCA), will be held May 27–30 in Daehak-ro. The event is expected to bring together over 400 professionals from more than 80 countries, including 105 speakers representing 62 nations, comprising policymakers, cultural leaders, scholars, artists, and government officials. Under the theme "Charting the Future of Arts and Culture," the summit will tackle global challenges such as AI and digital transformation, climate change, and community resilience, focusing on how the arts can respond to and shape these evolving realities. APE CAMP: A Global Crossroads for Artists and Tech Innovators Launched in 2022, APE CAMP is now in its fourth year as APE CAMP is ARKO's signature international platform for interdisciplinary collaboration. This year's edition attracted over 200 applicants from 67 countries, demonstrating growing global interest. The program includes: An International Conference on May 24 at the ARKO Arts Theater The APE CAMP Lab from May 25–27 at COEX Magok in western Seoul The 2025 edition will gather 100 participants from 22 countries, mentored by leading institutions including ZKM (Germany) and SAT (Canada). Participants will engage in hands-on creative experiments that blend artistic vision with emerging technologies. Commemorating 30 Years of the Korean Pavilion at the Venice Biennale To mark the 30th anniversary of the Korean Pavilion at the Venice Biennale, ARKO is presenting the architecture exhibition "Little Toad, Little Toad: Unbuilding Pavilion", on view from May 10 to November 23 at the Giardini in Venice. The exhibition reflects on the past, present, and future of the Korean Pavilion, with a particular focus on sustainability in the architecture of national pavilions. On May 9, ARKO hosted a dedicated architecture forum, "Vision and Legacy: 30 Years of the Korean Pavilion," featuring key figures such as Franco Mancuso, co-architect of the Korean Pavilion, and Cho Min-suk, commissioner of the 2014 Golden Lion-winning exhibition. Launch of ARKO Art Studio and Expansion of International Programs ARKO recently opened the ARKO Art Studio in Pyeongchang-dong, Seoul - a new creative base for visual artists. The facility includes five private studios, an outdoor performance stage, and an academic hall. It will host 10 resident artists, with programming that includes cultural tours, mentorship, seminars, open studios, art fair participation, and exhibitions. In addition, ARKO is expanding global partnerships to support Korean artists abroad. Current collaborators include: Edinburgh Momentum (UK) International Writing Program (IWP) - the University of Iowa (USA) Rijksakademie (Netherlands) In 2025, ARKO is running residency programs with 23 partner organizations across five global regions and has launched new collaborations with institutions such as New Museum's NEW INC (USA), transmediale (Germany), and Ain Shams University (Egypt). New initiatives to support the international visibility of Korean arts include: Participation in the Festival International Cervantino (Mexico), one of the world's largest performing arts festivals Support for Korean artists exhibiting at the Venice Biennale Additionally, ARKO is also enhancing inbound cultural exchange through a new Inbound Cooperation Program themed around "Regional Decline," encouraging dialogue and experimental artistic responses to this urgent issue. Chairman Choung concluded, "ARKO will continue to take bold steps to foster a sustainable ecosystem for Korean arts. By transcending borders and partnering with global institutions, we aim to make Korean arts more accessible, more connected, and more inspiring to the world." Press materials and images are available for download via the Arts Council Korea Google Drive.[ARKO] 2025_Global Week presskit - Google Drive View original content to download multimedia: SOURCE Arts Council Korea Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Korea Herald
14-05-2025
- Entertainment
- Korea Herald
Korea brings together artists, producers, cultural leaders at ARKO Global Week
With 10th World Summit on Arts and Culture, APE Camp and international exchanges programs, Korea looks to be among leaders in culture, arts Arts Council Korea, a national institution dedicated to promoting arts and culture, is launching ARKO Global Week — a comprehensive celebration of global artistic exchange, cross-disciplinary collaboration and cultural vision. Scheduled from May 24-30, the cultural week brings together leading voices in the arts for a series of international programs in Seoul. Set within the event is the 10th World Summit on Arts and Culture, to take place from May 27-30 in Seoul. It is the first time this global summit of the International Federation of Arts Council and Culture Agencies is being held in Asia. Under the theme "Charting the Future of Arts and Culture," about 400 cultural leaders, policymakers and artists from across the globe will explore strategies for building inclusive and resilient cultural ecosystems in a rapidly changing world, according to Arts Council Korea, or ARKO. Speakers include Korean artist Kim A-young, writer Chung Se-rang, musical producer Shin Chun-soo, professor and author Lee Jin-joon and stage director Khoo Ja-hye. From abroad, Gerfried Stocker, artistic and managing director of Ars Electronica, Austria, Michael Running Wolf, lead architect of the Mila Quebec Artificial Intelligence Institute, Alexandra Xanthaki, UN special rapporteur in the field of cultural rights, Pavla Petrova, director of the Arts and Theatre Institute of the Czech Republic and Paloma Estevez, director of artistic programming at the Lincoln Center for the Performing Arts, will participate. From May 24 to 27, the innovative APE Camp program returns for its fourth edition. Launched in 2022, APE Camp — for artists, producers and engineers — is a creative incubator that invites emerging creators to collaborate across disciplines. This year, 100 participants -- 65 from Korea and 35 from overseas -- will gather to engage in convergent thinking and collaborative experimentation, building networks that go beyond traditional artistic boundaries. "For the first time, APE Camp is partnering with the Seoul Business Agency and private companies to create a new, mission-driven model. Participating companies assign real-world challenges, and selected teams have the opportunity to develop their projects further in collaboration with the companies," Choung byoung-gug, chairperson of ARKO, told reporters during a press conference on Wednesday. "Organizers see this as a prototype for a startup pipeline, where creative ideas cultivated through APE Camp could eventually evolve into viable businesses," he added. To enhance global exchanges, ARKO announced it has expanded both inbound and outbound exchange programs for artists. For its outbound programs, ARKO has expanded partnerships with international organizations from 18 to 23, while also broadening the scope beyond the arts to include interdisciplinary fields. "We will continue expanding the program internationally. In addition to our existing overseas residency initiatives, we've noticed a growing interest from international artists who, after experiencing our programs abroad, expressed a strong desire to come to Korea and collaborate here," Choung explanied, announcing the launch of a new inbound residency program open to both international and domestic artists. The program was open to both domestic and international applicants through a global open call. Six artists from overseas and four from Korea have been selected. Beginning this month, they will begin their residencies in two sessions -- one in the first half of the year and another in the latter half. 'Going forward, ARKO will continue to respond proactively to help build a sustainable ecosystem for Korean arts and lay the policy foundation for our arts to secure a solid place on the global stage,' Choung added. 'We will work to ensure that everyone can experience and enjoy Korean arts, expanding our collaborations with more institutions across domestic and international boundaries.'
