ARC Document Solutions Inc (NYSE:ARC) has received an average rating of “Hold” from the six analysts that are covering the stock, MarketBeat reports. Four analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $4.63.

ARC has been the subject of a number of research analyst reports. B. Riley reiterated a “buy” rating and set a $5.25 price target on shares of ARC Document Solutions in a report on Monday, October 30th. TheStreet cut ARC Document Solutions from a “c-” rating to a “d+” rating in a report on Friday, November 17th. Zacks Investment Research upgraded ARC Document Solutions from a “sell” rating to a “hold” rating in a report on Tuesday, January 2nd. ValuEngine cut ARC Document Solutions from a “buy” rating to a “hold” rating in a report on Thursday, November 2nd. Finally, FBR & Co cut ARC Document Solutions from a “buy” rating to a “neutral” rating and increased their price target for the stock from $4.00 to $5.25 in a report on Thursday, November 2nd.

In other news, Director Mark W. Mealy sold 22,000 shares of the stock in a transaction on Thursday, December 21st. The stock was sold at an average price of $2.71, for a total transaction of $59,620.00. Following the completion of the transaction, the director now directly owns 116,538 shares in the company, valued at approximately $315,817.98. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last quarter, insiders have bought 3,766 shares of company stock valued at $8,802. Company insiders own 14.93% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ARC. Punch & Associates Investment Management Inc. grew its holdings in shares of ARC Document Solutions by 35.6% during the 2nd quarter. Punch & Associates Investment Management Inc. now owns 1,744,414 shares of the business services provider’s stock worth $7,257,000 after purchasing an additional 458,020 shares during the period. Ameriprise Financial Inc. boosted its holdings in ARC Document Solutions by 25.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 672,723 shares of the business services provider’s stock valued at $2,798,000 after acquiring an additional 138,065 shares during the period. JPMorgan Chase & Co. boosted its holdings in ARC Document Solutions by 7.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,595,988 shares of the business services provider’s stock valued at $6,639,000 after acquiring an additional 107,235 shares during the period. LSV Asset Management boosted its holdings in ARC Document Solutions by 26.1% during the 2nd quarter. LSV Asset Management now owns 440,390 shares of the business services provider’s stock valued at $1,832,000 after acquiring an additional 91,075 shares during the period. Finally, Boston Partners boosted its holdings in ARC Document Solutions by 6.3% during the 3rd quarter. Boston Partners now owns 1,540,913 shares of the business services provider’s stock valued at $6,302,000 after acquiring an additional 91,010 shares during the period. Institutional investors and hedge funds own 70.52% of the company’s stock.

Shares of ARC Document Solutions (NYSE ARC) traded up $0.01 during trading hours on Wednesday, reaching $2.40. The company’s stock had a trading volume of 178,531 shares, compared to its average volume of 142,420. The company has a current ratio of 1.61, a quick ratio of 1.34 and a debt-to-equity ratio of 0.85. The stock has a market cap of $111.03, a PE ratio of -17.14 and a beta of 2.30. ARC Document Solutions has a 12 month low of $2.30 and a 12 month high of $5.07.

ARC Document Solutions (NYSE:ARC) last issued its earnings results on Wednesday, November 1st. The business services provider reported $0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.03). The company had revenue of $96.50 million during the quarter, compared to analysts’ expectations of $98.24 million. ARC Document Solutions had a negative net margin of 1.70% and a positive return on equity of 5.35%. The firm’s quarterly revenue was down 3.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.07 earnings per share. analysts predict that ARC Document Solutions will post 0.13 EPS for the current year.

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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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