Sentiment for Arc Group Worldwide Inc (NASDAQ:ARCW)
Arc Group Worldwide Inc (NASDAQ:ARCW) institutional sentiment increased to 1 in Q3 2015. Its up 0.13, from 0.87 in 2015Q2. The ratio is better, as 13 investment managers increased or opened new holdings, while 15 sold and reduced their stock positions in Arc Group Worldwide Inc. The investment managers in our partner’s database reported: 6.34 million shares, up from 2.56 million shares in 2015Q2. Also, the number of investment managers holding Arc Group Worldwide Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 13 Reduced: 2 Increased: 6 New Position: 7.
ARC Group Worldwide, Inc. is a manufacturing company. The company has a market cap of $46.16 million. The Firm operates through four divisions: Precision Components Group, 3DMT Group, Flanges and Fittings Group, and Wireless Group. It currently has negative earnings. The Precision Components Group companies provide fabricated metal components using processes consisting of metal injection molding, precision metal stamping and hermetic sealing.
About 14,080 shares traded hands. ARC Group WorldWide Inc (NASDAQ:ARCW) has declined 25.29% since August 5, 2015 and is downtrending. It has underperformed by 20.04% the S&P500.
Analysts await ARC Group WorldWide Inc (NASDAQ:ARCW) to reports earnings on May, 9. They expect $-0.03 earnings per share, down 250.00% or $0.05 from last year’s $0.02 per share. After $-0.03 actual earnings per share reported by ARC Group WorldWide Inc for the previous quarter, Wall Street now forecasts 0.00% EPS growth.
According to Zacks Investment Research, “ARC Group Worldwide, Inc. is a diversified manufacturing holding company with operations in Colorado, Florida, Pennsylvania, Texas, Minnesota, China and Hungary. It provides wireless network component and wireless network solutions. The Company designs and develops hardware, including antennas, radios, and related accessories, used in broadband and other wireless networks. It supplies its products to public and private carriers, wireless infrastructure providers, wireless equipment distributors, value added resellers and other original equipment manufacturers. ARC Group Worldwide, Inc., formerly known as ARC Wireless Solutions Inc., is based in Denver, Colorado.”
Keane Capital Management Inc holds 0.14% of its portfolio in ARC Group WorldWide Inc for 58,907 shares. Perritt Capital Management Inc owns 100,000 shares or 0.04% of their US portfolio. Moreover, Vanguard Group Inc has 0.01% invested in the company for 4.77 million shares. The Ontario - Canada-based Bank Of Montreal Can has invested 0% in the stock. Blackrock Fund Advisors, a California-based fund reported 17,684 shares.#img1#
Ratings analysis reveals 33% of ARC Group World Wide’s analysts are positive. Out of 3 Wall Street analysts rating ARC Group World Wide, 1 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $3 while the high is $7. The stock’s average target of $4.67 is 109.02% above today’s ($2.55) share price. ARCW was included in 5 notes of analysts from September 17, 2015. Imperial Capital maintained the shares of ARC Group World Wide in a note on February 11 with “In-Line” rating.
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