Out of 3 analysts covering ARC Group World Wide (NASDAQ:ARCW), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. $9 is the highest target while $3 is the lowest. The $5.33 average target is 81.29% above today’s ($2.94) stock price. ARC Group World Wide has been the topic of 5 analyst reports since September 17, 2015 according to StockzIntelligence Inc. Imperial Capital maintained the stock on February 11 with “In-Line” rating. Below is a list of ARC Group WorldWide Inc (NASDAQ:ARCW) latest ratings and price target changes.
It is up 133.33% since February 8, 2016 and is uptrending. It has outperformed by 116.85% the S&P500.
ARC Group Worldwide, Inc. is a manufacturing company. The company has a market cap of $53.62 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.
The institutional sentiment decreased to 0.7 in Q2 2016. Its down 0.18, from 0.88 in 2016Q1. The ratio is negative, as 6 funds sold all ARC Group WorldWide Inc shares owned while 4 reduced positions. 3 funds bought stakes while 4 increased positions. They now own 1.87 million shares or 5.26% more from 1.77 million shares in 2016Q1.
First Eagle Investment Management Llc holds 0.01% of its portfolio in ARC Group WorldWide Inc for 1.34 million shares. Bank Of America Corp De owns 67 shares or 0% of their US portfolio. Moreover, Blackrock Fund Advisors has 0% invested in the company for 16,941 shares. The New Jersey-based Blackrock Investment Management Llc has invested 0% in the stock. California Public Employees Retirement System, a California-based fund reported 19,200 shares.
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