Headlines about ARC Document Solutions (NYSE:ARC) have been trending somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. ARC Document Solutions earned a news sentiment score of 0.24 on Accern’s scale. Accern also assigned media stories about the business services provider an impact score of 44.6846694751986 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Several research analysts have issued reports on the company. Zacks Investment Research cut ARC Document Solutions from a “hold” rating to a “sell” rating in a research report on Friday, January 26th. TheStreet cut ARC Document Solutions from a “c-” rating to a “d+” rating in a research report on Friday, November 17th. ValuEngine cut ARC Document Solutions from a “buy” rating to a “hold” rating in a research report on Thursday, November 2nd. FBR & Co cut ARC Document Solutions from a “buy” rating to a “neutral” rating and raised their target price for the stock from $4.00 to $5.25 in a research report on Thursday, November 2nd. Finally, B. Riley cut ARC Document Solutions from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $5.25 to $4.00 in a research report on Thursday, November 2nd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $4.63.
ARC Document Solutions (ARC) remained flat at $$2.42 during mid-day trading on Wednesday. 163,409 shares of the stock traded hands, compared to its average volume of 159,798. ARC Document Solutions has a one year low of $2.30 and a one year high of $4.90. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.34 and a current ratio of 1.61. The stock has a market capitalization of $113.36, a PE ratio of -17.29 and a beta of 2.30.
ARC Document Solutions (NYSE:ARC) last issued its earnings results on Wednesday, November 1st. The business services provider reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.03). The business had revenue of $96.50 million for the quarter, compared to the consensus estimate of $98.24 million. ARC Document Solutions had a negative net margin of 1.70% and a positive return on equity of 5.35%. The firm’s revenue for the quarter was down 3.9% compared to the same quarter last year. During the same period last year, the business posted $0.07 EPS. equities analysts predict that ARC Document Solutions will post 0.13 earnings per share for the current year.
In related news, Director Mark W. Mealy sold 22,000 shares of the business’s stock in a transaction on Thursday, December 21st. The stock was sold at an average price of $2.71, for a total transaction of $59,620.00. Following the completion of the transaction, the director now owns 116,538 shares in the company, valued at approximately $315,817.98. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last 90 days, insiders have purchased 3,766 shares of company stock valued at $8,802. 14.93% of the stock is owned by company insiders.
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ARC Document Solutions Company Profile
ARC Document Solutions, Inc (ARC) is a document solutions provider for the architectural, engineering and construction (AEC) industry. The Company also provides document solutions to businesses of various types. ARC’s offerings include managed print services (MPS), offsite services, archive and information management (AIM), specialized color printing, Web-based document management applications, digital shipping/managed file transfer, and equipment and supplies sales.
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