Q4 EPS Estimate for ARC Document Solutions Cut by Analyst

ARC Document Solutions, Inc. (NYSE:ARC) – Equities researchers at Sidoti Csr cut their Q4 2024 earnings estimates for ARC Document Solutions in a report released on Monday, November 4th. Sidoti Csr analyst G. Burns now expects that the business services provider will post earnings per share of $0.02 for the quarter, down from their previous 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.

Other equities research analysts have also issued reports about the stock. StockNews.com began coverage on shares of ARC Document Solutions in a report on Saturday. They issued a “strong-buy” rating on the stock. Singular Research raised ARC Document Solutions to a “strong-buy” rating in a report on Wednesday, August 21st.

ARC Document Solutions Stock Down 0.3 %

ARC stock opened at $3.37 on Wednesday. The company 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. ARC Document Solutions has a 12 month low of $2.56 and a 12 month high of $3.44. The firm’s fifty day simple moving average is $3.38 and its 200-day simple moving average is $3.03. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 1.41.

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

Hedge Funds Weigh In On ARC Document Solutions

Several institutional investors have recently made changes to their positions in ARC. Wolverine Asset Management LLC acquired a new stake in ARC Document Solutions during the third quarter valued at $539,000. Dimensional Fund Advisors LP boosted its stake in shares of ARC Document Solutions by 5.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,550,606 shares of the business services provider’s stock worth $4,094,000 after acquiring an additional 83,795 shares in the last quarter. First Eagle Investment Management LLC grew its position in shares of ARC Document Solutions by 62.0% during the 2nd quarter. First Eagle Investment Management LLC now owns 218,673 shares of the business services provider’s stock valued at $577,000 after acquiring an additional 83,708 shares during the period. Renaissance Technologies LLC grew its position in shares of ARC Document Solutions by 1.7% during the 2nd quarter. Renaissance Technologies LLC now owns 2,858,142 shares of the business services provider’s stock valued at $7,545,000 after acquiring an additional 48,245 shares during the period. Finally, Hillsdale Investment Management Inc. increased its stake in shares of ARC Document Solutions by 8.3% in the 1st quarter. Hillsdale Investment Management Inc. now owns 520,037 shares of the business services provider’s stock valued at $1,441,000 after purchasing an additional 39,800 shares in the last quarter. 48.93% of the stock is owned by hedge funds and other 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.