ARC Document Solutions (ARC) Given Media Sentiment Rating of 0.21
Media coverage about ARC Document Solutions (NYSE:ARC) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. ARC Document Solutions earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave media coverage about the business services provider an impact score of 46.6286395024945 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
ARC Document Solutions (NYSE:ARC) last issued its earnings results on Tuesday, August 1st. The business services provider reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.02. The company had revenue of $102.30 million for the quarter, compared to analyst estimates of $100.74 million. ARC Document Solutions had a net margin of 2.72% and a return on equity of 7.00%. The company’s revenue for the quarter was down 1.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.10 EPS.
Several equities analysts have issued reports on the stock. B. Riley restated a “buy” rating and issued a $5.00 price objective on shares of ARC Document Solutions in a research note on Tuesday, August 1st. TheStreet upgraded shares of ARC Document Solutions from a “d+” rating to a “c” rating in a research note on Tuesday, August 1st. Finally, Raymond James Financial, Inc. upgraded shares of ARC Document Solutions from an “outperform” rating to a “strong-buy” rating in a research note on Thursday, July 6th.
About ARC Document Solutions
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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