Research Analysts Set Expectations for ARC Q4 Earnings

ARC Document Solutions, Inc. (NYSE:ARC - Free Report) - Sidoti Csr cut their Q4 2024 earnings per share estimates for ARC Document Solutions in a report issued on Monday, November 4th. Sidoti Csr analyst G. Burns now expects that the business services provider will post earnings of $0.02 per share for the quarter, down from their prior forecast of $0.06. The consensus estimate for ARC Document Solutions' current full-year earnings is $0.23 per share. Sidoti Csr also issued estimates for ARC Document Solutions' Q1 2025 earnings at $0.03 EPS, Q3 2025 earnings at $0.04 EPS and Q4 2025 earnings at $0.04 EPS.

ARC Document Solutions (NYSE:ARC - Get Free Report) last released its earnings results on Wednesday, August 7th. The business services provider reported $0.07 EPS for the quarter, meeting the consensus estimate of $0.07. The firm had revenue of $75.11 million for the quarter, compared to analysts' expectations of $72.60 million. ARC Document Solutions had a return on equity of 7.29% and a net margin of 2.76%.

Several other equities analysts have also recently weighed in on ARC. StockNews.com began coverage on ARC Document Solutions in a report on Saturday. They issued a "strong-buy" rating for the company. Singular Research raised ARC Document Solutions to a "strong-buy" rating in a research report on Wednesday, August 21st.

ARC Document Solutions Price Performance

Shares of ARC stock remained flat at $3.37 during trading on Wednesday. 43,887 shares of the stock were exchanged, compared to its average volume of 197,671. The company has a current ratio of 1.54, a quick ratio of 1.41 and a debt-to-equity ratio of 0.33. ARC Document Solutions has a twelve month low of $2.56 and a twelve month high of $3.44. The firm's 50 day moving average is $3.38 and its two-hundred day moving average is $3.03. The stock has a market capitalization of $145.79 million, a P/E ratio of 18.72, a price-to-earnings-growth ratio of 1.20 and a beta of 1.13.

Institutional Investors Weigh In On ARC Document Solutions

Institutional investors and hedge funds have recently modified their holdings of the company. Mackenzie Financial Corp raised its stake in ARC Document Solutions by 15.1% in the second quarter. Mackenzie Financial Corp now owns 34,496 shares of the business services provider's stock valued at $91,000 after buying an additional 4,519 shares during the period. Redhawk Wealth Advisors Inc. raised its stake in ARC Document Solutions by 9.7% in the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 79,784 shares of the business services provider's stock valued at $270,000 after acquiring an additional 7,032 shares during the period. Ritholtz Wealth Management lifted its holdings in ARC Document Solutions by 16.3% during the 2nd quarter. Ritholtz Wealth Management now owns 55,586 shares of the business services provider's stock valued at $147,000 after purchasing an additional 7,805 shares during the last quarter. Empowered Funds LLC boosted its position in ARC Document Solutions by 5.4% during the third quarter. Empowered Funds LLC now owns 255,092 shares of the business services provider's stock worth $862,000 after purchasing an additional 12,998 shares during the period. Finally, Heron Bay Capital Management increased its holdings in shares of ARC Document Solutions by 29.6% in the first quarter. Heron Bay Capital Management now owns 60,601 shares of the business services provider's stock valued at $168,000 after purchasing an additional 13,837 shares during the last quarter. 48.93% of the stock is owned by institutional investors.

ARC Document Solutions Company Profile

ARC Document Solutions, Inc, a digital printing company, provides digital printing and document-related services in the United States. It provides managed print services, that places, manages, and optimizes print and imaging equipment in customers' offices, job sites, and other facilities; and cloud-based document management software and other digital hosting services.