Favorable News Coverage Somewhat Likely to Impact ARC Document Solutions (ARC) Stock Price
News headlines about ARC Document Solutions (NYSE:ARC) have been trending positive recently, according to AlphaOne Sentiment Analysis. AlphaOne, a service of Accern, identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. ARC Document Solutions earned a media sentiment score of 0.27 on AlphaOne’s scale. AlphaOne also gave media coverage about the business services provider an impact score of 50 out of 100, indicating that recent press coverage is somewhat likely to have an effect on the company’s share price in the immediate future.
Several equities research analysts have recently issued reports on the company. B. Riley reiterated a “buy” rating and set a $5.00 price target on shares of ARC Document Solutions in a report on Wednesday, May 3rd. Zacks Investment Research lowered ARC Document Solutions from a “buy” rating to a “hold” rating in a report on Tuesday, April 11th.
ARC Document Solutions (ARC) remained flat at $4.23 during midday trading on Friday. The company had a trading volume of 231,282 shares. The firm’s 50-day moving average price is $3.62 and its 200-day moving average price is $4.21. The stock’s market capitalization is $196.39 million. ARC Document Solutions has a 1-year low of $3.06 and a 1-year high of $5.55.
ARC Document Solutions (NYSE:ARC) last issued its quarterly earnings results on Tuesday, May 2nd. The business services provider reported $0.04 EPS for the quarter, meeting the consensus estimate of $0.04. ARC Document Solutions had a positive return on equity of 7.85% and a negative net margin of 12.12%. The firm had revenue of $98.73 million during the quarter, compared to analysts’ expectations of $99.69 million. Equities research analysts anticipate that ARC Document Solutions will post $0.22 earnings per share for the current fiscal year.
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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