ARC Document Solutions Inc (NYSE:ARC) reached a new 52-week low during trading on Monday . The company traded as low as $2.58 and last traded at $2.67, with a volume of 165800 shares changing hands. The stock had previously closed at $2.76.

A number of equities research analysts have commented on ARC shares. B. Riley reissued a “buy” rating and issued a $5.25 target price on shares of ARC Document Solutions in a report on Monday, October 30th. TheStreet downgraded ARC Document Solutions from a “c-” rating to a “d+” rating in a report on Friday, November 17th. ValuEngine downgraded ARC Document Solutions from a “buy” rating to a “hold” rating in a report on Thursday, November 2nd. FBR & Co downgraded ARC Document Solutions from a “buy” rating to a “neutral” rating and lifted their price target for the stock from $4.00 to $5.25 in a research note on Thursday, November 2nd. Finally, Zacks Investment Research downgraded ARC Document Solutions from a “hold” rating to a “sell” rating in a research note on Friday, November 3rd. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $4.63.

The stock has a market cap of $118.00, a P/E ratio of 13.37 and a beta of 2.29. The company has a quick ratio of 1.34, a current ratio of 1.61 and a debt-to-equity ratio of 0.85.

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

Large investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in shares of 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 worth $6,639,000 after buying an additional 107,235 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in ARC Document Solutions by 23.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 127,310 shares of the business services provider’s stock valued at $439,000 after purchasing an additional 24,120 shares during the last quarter. Boston Partners raised its stake in ARC Document Solutions by 6.3% in the 3rd quarter. Boston Partners now owns 1,540,913 shares of the business services provider’s stock valued at $6,302,000 after purchasing an additional 91,010 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in ARC Document Solutions by 3.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,202,841 shares of the business services provider’s stock valued at $9,164,000 after purchasing an additional 80,216 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in ARC Document Solutions by 25.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 672,723 shares of the business services provider’s stock valued at $2,798,000 after purchasing an additional 138,065 shares during the last quarter. 70.52% of the stock is owned by institutional investors and hedge funds.

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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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