Media headlines about Arc Logistic Partners (NYSE:ARCX) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Arc Logistic Partners earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave media coverage about the pipeline company an impact score of 45.1998181505646 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
- SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Concerning Whether the Sale of Arc Logistics Partners LP to Zenith Energy U.S., L.P. for $16.50 Per Share is Fair to Shareholders (finance.yahoo.com)
- Arc Logistic Partners LP (ARCX) Lowered to “Hold” at BidaskClub (americanbankingnews.com)
- Monteverde & Associates PC Announces An Investigation Of Arc Logistics Partners LP – ARCX (4-traders.com)
- SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of Arc Logistics Partners LP – ARCX – PR Newswire (press release) (prnewswire.com)
Arc Logistic Partners (NYSE ARCX) traded down 0.18% on Monday, hitting $16.61. The stock had a trading volume of 105,334 shares. The company has a market cap of $324.64 million, a price-to-earnings ratio of 27.32 and a beta of 0.81. The company has a 50 day moving average price of $15.38 and a 200-day moving average price of $14.81. Arc Logistic Partners has a 52-week low of $12.86 and a 52-week high of $17.40.
Arc Logistic Partners (NYSE:ARCX) last issued its earnings results on Tuesday, August 8th. The pipeline company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.03). Arc Logistic Partners had a return on equity of 4.10% and a net margin of 13.28%. The company had revenue of $26.59 million during the quarter, compared to analysts’ expectations of $26.71 million. On average, equities research analysts predict that Arc Logistic Partners will post $0.68 earnings per share for the current year.
Several research firms have recently commented on ARCX. BidaskClub raised Arc Logistic Partners from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. SunTrust Banks, Inc. downgraded Arc Logistic Partners from a “buy” rating to a “hold” rating and raised their price objective for the stock from $15.00 to $16.50 in a research note on Wednesday, August 30th. Stifel Nicolaus downgraded Arc Logistic Partners from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $18.00 to $16.50 in a research note on Wednesday, August 30th. Zacks Investment Research raised Arc Logistic Partners from a “sell” rating to a “hold” rating in a research note on Tuesday, July 25th. Finally, ValuEngine downgraded Arc Logistic Partners from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company’s stock. Arc Logistic Partners presently has a consensus rating of “Hold” and a consensus target price of $18.00.
About Arc Logistic Partners
Arc Logistics Partners LP owns, operates, develops and acquires a portfolio of energy logistics assets. The Company is engaged in the terminaling, storage, throughput and transloading of crude oil and petroleum products. The Company is focused on growing its business through the optimization, organic development and acquisition of terminaling, storage, rail, pipeline and other energy logistics assets.
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