Added to YB: 2025-01-27
Pitch date: 2025-01-25
ARKR [bullish]
Ark Restaurants Corp.
-48.49%
current return
Author Info
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Company Info
Ark Restaurants Corp., through its subsidiaries, owns and operates restaurants and bars in the United States.
Market Cap
$26.0M
Pitch Price
$13.03
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.75
P/E
-1.86
EV/Sales
0.59
Sector
Hotels, Restaurants and Leisure
Category
special_situation
Ark Restaurants (ARKR): Progress With Long-Anticipated Casino Catalyst?
ARKR: 7.4% stake in Meadowlands racetrack; potential casino expansion catalyst. Op. biz struggling, but casino approval could triple+ stock. $49.6M mkt cap, $10.3M cash, no LT debt. EV/EBITDA 18.8x or 6.4x ex-leases. Downside limited by real estate, buyout potential. High risk/reward.
Read full article (7 min)