Arc Logistic Partners (ARCX) Getting Somewhat Positive News Coverage, Analysis Shows

News articles about Arc Logistic Partners (NYSE:ARCX) have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Arc Logistic Partners earned a daily sentiment score of 0.10 on Accern’s scale. Accern also assigned media headlines about the pipeline company an impact score of 45.0160177389819 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the news stories that may have impacted Accern Sentiment’s scoring:

ARCX has been the subject of several analyst reports. Zacks Investment Research downgraded Arc Logistic Partners from a “hold” rating to a “sell” rating in a report on Tuesday. Stifel Nicolaus raised Arc Logistic Partners from a “hold” rating to a “buy” rating and increased their price objective for the company from $13.00 to $18.00 in a research report on Wednesday, August 9th. BidaskClub cut Arc Logistic Partners from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Finally, SunTrust Banks, Inc. cut Arc Logistic Partners from a “buy” rating to a “hold” rating and increased their price objective for the company from $15.00 to $16.50 in a research report on Wednesday, August 30th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $18.33.

Arc Logistic Partners (NYSE ARCX) traded down 0.06% during midday trading on Thursday, hitting $16.73. The company had a trading volume of 38,715 shares. Arc Logistic Partners has a 52 week low of $12.86 and a 52 week high of $17.40. The stock has a market capitalization of $326.99 million, a PE ratio of 27.52 and a beta of 0.81. The stock has a 50 day moving average price of $16.45 and a 200-day moving average price of $15.11.

Arc Logistic Partners (NYSE:ARCX) last announced its earnings results on Tuesday, August 8th. The pipeline company reported $0.15 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by ($0.03). Arc Logistic Partners had a net margin of 13.28% and a return on equity of 4.10%. The business had revenue of $26.59 million for the quarter, compared to analyst estimates of $26.71 million. On average, equities analysts predict that Arc Logistic Partners will post $0.68 EPS for the current year.

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Arc Logistic Partners Company Profile

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.

Insider Buying and Selling by Quarter for Arc Logistic Partners (NYSE:ARCX)

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