Friday, December 9, 2011

Sidoti upgrades American Reprographics Co (ARC) to a "buy" rating

One of Sidoti’s financial analysts participates in the quarterly “earnings calls” ARC hosts after each quarter’s results are released.

Found, this afternoon, on the web-site of …..

American Reprographics Company (ARC) Shares Upgraded to a “Buy” Rating by Sidoti Analysts

Posted by LUSA Staff on Dec 9th, 2011

American Reprographics Company (NYSE: ARC) was upgraded by equities research analysts at Sidoti from a “neutral” rating to a “buy” rating in a research note issued to investors on Friday.

Separately, analysts at Zacks Investment Research (had) upgraded shares of American Reprographics Company from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, October 11th.

American Reprographics Company (ARC) is a reprographics company in the United States providing business-to-business document-related services that typically include document management, document distribution and logistics, and print-on-demand. The Company’s primary market is the architectural, engineering and construction industry (AEC) industry. It also provides these services to companies in non-AEC industries, such as aerospace, technology, financial services, retail, entertainment, and food and hospitality. As of December 31, 2009, the Company operated 272 reprographics service centers, including 259 service centers in 208 cities in 38 states throughout the United States and the District of Columbia, seven reprographics service centers in Canada, one in United Kingdom and a business venture company in China with five locations. It services approximately 138,000 active customers.

Shares of American Reprographics Company traded up 8.94% during mid-day trading on Friday, hitting $4.51. American Reprographics Company has a 52 week low of $3.08 and a 52 week high of $10.50. The stock’s 50-day moving average is $4.30 and its 200-day moving average is $5.29. The company has a market cap of $208.5 million.

1 comment:

  1. Didn't Moodys downgrade ARC the same day?