Media coverage about ARC Document Solutions (NYSE:ARC) has trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. ARC Document Solutions earned a daily sentiment score of 0.08 on Accern’s scale. Accern also assigned press coverage about the business services provider an impact score of 48.6387112796943 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Separately, Zacks Investment Research lowered ARC Document Solutions from a “hold” rating to a “sell” rating in a report on Friday, January 26th. Four analysts have rated the stock with a hold rating and one has given a strong buy rating to the stock. ARC Document Solutions has a consensus rating of “Hold” and an average target price of $4.00.
Shares of ARC traded down $0.02 during trading hours on Friday, hitting $2.11. 145,366 shares of the company were exchanged, compared to its average volume of 118,359. The firm has a market cap of $96.41 million, a P/E ratio of 14.07 and a beta of 2.07. ARC Document Solutions has a fifty-two week low of $2.04 and a fifty-two week high of $4.84. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.27 and a current ratio of 1.57.
ARC Document Solutions (NYSE:ARC) last released its earnings results on Tuesday, May 1st. The business services provider reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.01). The company had revenue of $97.71 million for the quarter, compared to analyst estimates of $96.19 million. ARC Document Solutions had a positive return on equity of 3.68% and a negative net margin of 5.76%. research analysts predict that ARC Document Solutions will post 0.12 earnings per share for the current fiscal year.
In related news, insider Rahul K. Roy sold 10,500 shares of the company’s stock in a transaction on Thursday, March 22nd. The stock was sold at an average price of $2.45, for a total transaction of $25,725.00. Following the completion of the sale, the insider now directly owns 137,753 shares in the company, valued at approximately $337,494.85. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director De La Mesa Manuel J. Perez acquired 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 13th. The shares were acquired at an average price of $2.35 per share, with a total value of $47,000.00. Following the completion of the transaction, the director now owns 60,378 shares in the company, valued at $141,888.30. The disclosure for this purchase can be found here. Corporate insiders own 15.57% of the company’s stock.
About ARC Document Solutions
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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