Arcos Dorados Holdings Inc. (ARCO) Reaches $9.90 After 5.00% Up Move; Gladstone Land (LAND)’s Sentiment Is 3

February 15, 2018 - By Migdalia James

The stock of Arcos Dorados Holdings Inc. (NYSE:ARCO) is a huge mover today! The stock increased 4.21% or $0.4 during the last trading session, reaching $9.9. About 188,198 shares traded. Arcos Dorados Holdings Inc. (NYSE:ARCO) has risen 102.55% since February 15, 2017 and is uptrending. It has outperformed by 85.85% the S&P500.The move comes after 7 months positive chart setup for the $2.09B company. It was reported on Feb, 15 by We have $10.40 PT which if reached, will make NYSE:ARCO worth $104.50M more.

Gladstone Land Corporation, an externally-managed agricultural real estate investment trust, owns and leases farmland for independent and corporate farming activities in the United States. The company has market cap of $165.63 million. The firm also owns various farm-related facilities, such as cooling facilities, buildings for the storage and assembly of boxes for shipping produce, packinghouses, processing facilities, and various storage facilities. It has a 578.33 P/E ratio. As of September 5, 2017, it owned 71 farms covering an area of 61,048 acres in 8 states in the United States.

Diligent Investors Llc holds 0.98% of its portfolio in Gladstone Land Corporation for 98,573 shares. Marathon Capital Management owns 151,390 shares or 0.87% of their US portfolio. Moreover, Bard Associates Inc has 0.85% invested in the company for 133,650 shares. The Ohio-based Foster & Motley Inc has invested 0.53% in the stock. Shufro Rose & Co Llc, a New York-based fund reported 49,500 shares.

Analysts await Gladstone Land Corporation (NASDAQ:LAND) to report earnings on February, 20. They expect $0.15 earnings per share, up 7.14% or $0.01 from last year’s $0.14 per share. LAND’s profit will be $2.05M for 20.24 P/E if the $0.15 EPS becomes a reality. After $0.14 actual earnings per share reported by Gladstone Land Corporation for the previous quarter, Wall Street now forecasts 7.14% EPS growth.

The stock decreased 0.25% or $0.031 during the last trading session, reaching $12.145. About 27,643 shares traded. Gladstone Land Corporation (LAND) has risen 10.50% since February 15, 2017 and is uptrending. It has underperformed by 6.20% the S&P500.

Among 4 analysts covering Arcos Dorados Holdings Inc. (NYSE:ARCO), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Arcos Dorados Holdings Inc. had 6 analyst reports since August 12, 2015 according to SRatingsIntel. On Tuesday, April 11 the stock rating was upgraded by Bank of America to “Buy”. Citigroup upgraded Arcos Dorados Holdings Inc. (NYSE:ARCO) on Monday, December 7 to “Neutral” rating. The rating was upgraded by Citigroup on Monday, August 28 to “Buy”. The firm has “Overweight” rating given on Monday, October 24 by Morgan Stanley. The company was downgraded on Wednesday, August 12 by Bank of America.

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