Media stories about Arc Logistic Partners (NYSE:ARCX) have trended somewhat positive on Monday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. 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 0.07 on Accern’s scale. Accern also assigned press coverage about the pipeline company an impact score of 47.0510203615768 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
- SunTrust Banks, Inc. Reiterates “Hold” Rating for Arc Logistic Partners LP (ARCX) (americanbankingnews.com)
- Edited Transcript of ARCX earnings conference call or presentation 7-Nov-17 10:00pm GMT (finance.yahoo.com)
- Arc Logistics Partners LP (ARCX): Poised For Long-Term Success? (finance.yahoo.com)
- Suncor Energy (SU) vs. Arc Logistic Partners (ARCX) Financial Contrast (americanbankingnews.com)
- Arc Logistic Partners LP (ARCX) Issues Earnings Results (americanbankingnews.com)
A number of analysts recently weighed in on the company. Stifel Nicolaus restated a “hold” rating and issued a $16.50 price objective on shares of Arc Logistic Partners in a report on Friday, October 6th. BidaskClub downgraded Arc Logistic Partners from a “hold” rating to a “sell” rating in a report on Wednesday, October 18th. Zacks Investment Research upgraded Arc Logistic Partners from a “sell” rating to a “hold” rating in a report on Tuesday, October 17th. Finally, SunTrust Banks, Inc. downgraded 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 report on Wednesday, August 30th. One analyst has rated the stock with a sell rating and five have issued a hold rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $16.50.
Arc Logistic Partners (ARCX) traded up $0.01 during midday trading on Monday, reaching $16.36. The company had a trading volume of 366,400 shares, compared to its average volume of 89,872. The firm has a market capitalization of $319.88, a P/E ratio of 25.97, a price-to-earnings-growth ratio of 13.27 and a beta of 0.80. Arc Logistic Partners has a 1-year low of $13.51 and a 1-year high of $17.40. The company has a quick ratio of 0.94, a current ratio of 0.96 and a debt-to-equity ratio of 0.74.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 15th. Investors of record on Wednesday, November 8th will be issued a $0.44 dividend. The ex-dividend date of this dividend is Tuesday, November 7th. This represents a $1.76 dividend on an annualized basis and a yield of 10.76%. Arc Logistic Partners’s payout ratio is 359.18%.
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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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