Equities analysts expect that Arc Logistic Partners LP (NYSE:ARCX) will post $26.94 million in sales for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Arc Logistic Partners’ earnings. The lowest sales estimate is $26.50 million and the highest is $27.48 million. Arc Logistic Partners reported sales of $26.67 million in the same quarter last year, which indicates a positive year over year growth rate of 1%. The company is scheduled to report its next quarterly earnings report on Thursday, November 2nd.

On average, analysts expect that Arc Logistic Partners will report full-year sales of $26.94 million for the current year, with estimates ranging from $106.01 million to $107.00 million. For the next year, analysts forecast that the firm will post sales of $111.85 million per share, with estimates ranging from $110.00 million to $113.56 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of research firms that follow Arc Logistic Partners.

Arc Logistic Partners (NYSE:ARCX) last released its quarterly earnings results on Tuesday, August 8th. The pipeline company reported $0.15 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate 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 for the quarter, compared to analysts’ expectations of $26.71 million.

Several equities research analysts have commented on the stock. BidaskClub lowered shares of Arc Logistic Partners from a “buy” rating to a “hold” rating in a research note on Thursday. Stifel Nicolaus lowered shares of Arc Logistic Partners from a “buy” rating to a “hold” rating and dropped their price target for the company from $18.00 to $16.50 in a research note on Wednesday, August 30th. SunTrust Banks, Inc. lowered shares of Arc Logistic Partners from a “buy” rating to a “hold” rating and raised their price target for the company from $15.00 to $16.50 in a research note on Wednesday, August 30th. Zacks Investment Research lowered shares of Arc Logistic Partners from a “hold” rating to a “sell” rating in a research note on Thursday, August 10th. Finally, ValuEngine lowered shares of 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 issued a hold rating and one has given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $18.00.

Several institutional investors have recently bought and sold shares of the company. Mariner Wealth Advisors LLC boosted its holdings in shares of Arc Logistic Partners by 3.0% in the second quarter. Mariner Wealth Advisors LLC now owns 14,765 shares of the pipeline company’s stock valued at $224,000 after acquiring an additional 434 shares in the last quarter. D.A. Davidson & CO. boosted its holdings in shares of Arc Logistic Partners by 29.7% in the second quarter. D.A. Davidson & CO. now owns 9,604 shares of the pipeline company’s stock valued at $145,000 after acquiring an additional 2,200 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Arc Logistic Partners by 32.3% in the first quarter. Goldman Sachs Group Inc. now owns 908,661 shares of the pipeline company’s stock valued at $12,949,000 after acquiring an additional 221,662 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of Arc Logistic Partners by 49.9% in the first quarter. Bank of America Corp DE now owns 407,276 shares of the pipeline company’s stock valued at $5,804,000 after acquiring an additional 135,650 shares in the last quarter. Finally, KCG Holdings Inc. bought a new position in shares of Arc Logistic Partners in the first quarter valued at approximately $464,000. Institutional investors and hedge funds own 40.60% of the company’s stock.

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Arc Logistic Partners (NYSE:ARCX) opened at 16.64 on Friday. The stock has a market cap of $325.23 million, a price-to-earnings ratio of 27.37 and a beta of 0.81. The company’s 50 day moving average price is $15.38 and its 200-day moving average price is $14.81. Arc Logistic Partners has a 12-month low of $12.86 and a 12-month high of $17.40.

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.

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