Analysts See $0.05 EPS for ARC Document Solutions (ARC); PORTAGE RESOURCES (POTG) Shorts Down By 55.57%

July 17, 2017 - By Hazel Jackson

Analysts expect ARC Document Solutions Inc (NYSE:ARC) to report $0.05 EPS on August, 1 after the close.They anticipate $0.05 EPS change or 50.00% from last quarter’s $0.1 EPS. ARC’s profit would be $2.34M giving it 20.50 P/E if the $0.05 EPS is correct. After having $0.04 EPS previously, ARC Document Solutions Inc’s analysts see 25.00% EPS growth. About 40,696 shares traded. ARC Document Solutions Inc (NYSE:ARC) has declined 8.97% since July 17, 2016 and is downtrending. It has underperformed by 25.67% the S&P500.

PORTAGE RESOURCES (OTCMKTS:POTG) had a decrease of 55.57% in short interest. POTG’s SI was 59,800 shares in July as released by FINRA. Its down 55.57% from 134,600 shares previously. With 292,400 avg volume, 0 days are for PORTAGE RESOURCES (OTCMKTS:POTG)’s short sellers to cover POTG’s short positions. About 25,100 shares traded. Portage Resources Inc (OTCMKTS:POTG) has 0.00% since July 17, 2016 and is . It has underperformed by 16.70% the S&P500.

Portage Resources, Inc. is a shell company. The company has market cap of $2.21 million. The Firm is engaged in the business of media, through its subsidiary, FG Fitness & Media Group, Inc. It has a 0.03 P/E ratio. FG Fitness & Media Group, Inc is a multi-faceted firm that has fitness and media at its core.

Since March 6, 2017, it had 3 insider purchases, and 2 insider sales for $49,940 activity. The insider Grimes Dennis Jeffery bought $6,997. 7,650 ARC Document Solutions Inc (NYSE:ARC) shares with value of $33,291 were sold by Avalos Jorge. Wijesuriya Dilantha also sold $26,997 worth of ARC Document Solutions Inc (NYSE:ARC) on Tuesday, March 7.

ARC Document Solutions, Inc. is a document solutions well-known provider for the architectural, engineering and construction (AEC) industry. The company has market cap of $191.73 million. The Firm also provides document solutions to businesses of various types. It currently has negative earnings. ARC’s offerings include managed print services (MPS), offsite services, archive and information management (AIM), specialized color printing, Web document management applications, digital shipping/managed file transfer, and equipment and supplies sales.

Among 4 analysts covering ARC Document Solutions (NYSE:ARC), 2 have Buy rating, 1 Sell and 1 Hold. Therefore 50% are positive. ARC Document Solutions had 8 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of ARC Document Solutions Inc (NYSE:ARC) has “Market Perform” rating given on Thursday, November 5 by William Blair. The firm has “Sell” rating by Zacks given on Monday, August 31. The stock of ARC Document Solutions Inc (NYSE:ARC) earned “Hold” rating by TheStreet on Friday, August 7. The firm earned “Buy” rating on Tuesday, October 20 by Sidoti. B. Riley & Co maintained ARC Document Solutions Inc (NYSE:ARC) rating on Monday, March 20. B. Riley & Co has “Buy” rating and $5 target. The firm has “Buy” rating by B. Riley & Co given on Friday, January 8. Zacks downgraded the shares of ARC in report on Monday, September 7 to “Sell” rating. The firm has “Hold” rating given on Tuesday, August 25 by Zacks.

Investors sentiment increased to 1.24 in 2016 Q4. Its up 0.33, from 0.91 in 2016Q3. It is positive, as 3 investors sold ARC Document Solutions Inc shares while 35 reduced holdings. 12 funds opened positions while 35 raised stakes. 32.17 million shares or 0.60% more from 31.97 million shares in 2016Q3 were reported. Weber Alan W reported 1.11% in ARC Document Solutions Inc (NYSE:ARC). 289,023 are held by Bank & Trust Of Mellon Corp. Goldman Sachs Group Incorporated stated it has 103,190 shares. Blackrock Inc invested in 0% or 14,044 shares. Ameriprise holds 0% or 575,419 shares. D E Shaw & Incorporated stated it has 1.13M shares or 0.01% of all its holdings. Walleye Trading Limited has invested 0% in ARC Document Solutions Inc (NYSE:ARC). New Jersey-based Blackrock Management Limited Liability has invested 0% in ARC Document Solutions Inc (NYSE:ARC). The New York-based Loews has invested 0% in ARC Document Solutions Inc (NYSE:ARC). Connor Clark And Lunn Management has 0% invested in ARC Document Solutions Inc (NYSE:ARC) for 10,500 shares. Blair William Il holds 0% or 28,016 shares. Jacobs Levy Equity Mngmt has 0.01% invested in ARC Document Solutions Inc (NYSE:ARC). Cornerstone Management Hldgs Llc stated it has 78,600 shares. Blackrock Group Inc Limited reported 88,366 shares. Los Angeles Capital Mgmt & Equity holds 0% or 21,669 shares.

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