Press coverage about ARC Document Solutions (NYSE:ARC) has been trending somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. ARC Document Solutions earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news stories about the business services provider an impact score of 44.7841270076302 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Separately, Zacks Investment Research upgraded shares of ARC Document Solutions from a “sell” rating to a “hold” rating in a research note on Tuesday, January 2nd. Four analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $4.00.
NYSE:ARC traded up $0.01 on Monday, reaching $2.11. 25,394 shares of the company’s stock were exchanged, compared to its average volume of 180,572. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.53 and a quick ratio of 1.26. The firm has a market capitalization of $95.06, a PE ratio of 14.00 and a beta of 2.07. ARC Document Solutions has a 52-week low of $2.05 and a 52-week high of $4.84.
ARC Document Solutions (NYSE:ARC) last issued its quarterly earnings results on Tuesday, February 27th. The business services provider reported $0.02 earnings per share (EPS) for the quarter. The company had revenue of $97.10 million for the quarter, compared to analyst estimates of $95.32 million. ARC Document Solutions had a negative net margin of 5.45% and a positive return on equity of 4.45%. The business’s revenue for the quarter was down 1.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.06 earnings per share. analysts expect that ARC Document Solutions will post 0.12 EPS for the current fiscal year.
In related news, insider Rahul K. Roy sold 10,500 shares of the company’s stock in a transaction that occurred on Thursday, March 22nd. The shares were sold at an average price of $2.45, for a total transaction of $25,725.00. Following the sale, the insider now directly owns 137,753 shares in the company, valued at $337,494.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director De La Mesa Manuel J. Perez bought 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 13th. The shares were purchased at an average price of $2.35 per share, for a total transaction of $47,000.00. Following the completion of the purchase, the director now directly owns 60,378 shares of the company’s stock, valued at approximately $141,888.30. The disclosure for this purchase can be found here. 15.57% of the stock is owned by corporate insiders.
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ARC Document Solutions Company Profile
ARC Document Solutions, Inc, a reprographics company, provides document solutions worldwide. It offers managed print services, an onsite service that places, manages, and optimizes print and imaging equipment in customers' offices, job sites, and other facilities; and operates 175 offsite service centers, which offers managed print service customers with the flexibility and overflow capacity during peak workloads.
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