Roth Capital Has Pessimistic Outlook of ARQ FY2025 Earnings

Key Points

• Roth Capital has revised its FY2025 EPS estimate for Arq, Inc. down to $0.00 per share, compared to a prior forecast of $0.07.
• Other analysts have shown a positive outlook, with Craig Hallum rating Arq as a "buy" with a target price of $10.00 per share.
• Recent insider activity includes CEO Robert E. Rasmus purchasing 25,000 shares, increasing his ownership stake in the company.

Arq, Inc. (NASDAQ:ARQ - Free Report) - Equities researchers at Roth Capital cut their FY2025 earnings per share estimates for ARQ in a research note issued to investors on Wednesday, August 13th. Roth Capital analyst G. Sweeney now anticipates that the company will post earnings per share of $0.00 for the year, down from their previous estimate of $0.07. The consensus estimate for ARQ's current full-year earnings is ($0.13) per share. Roth Capital also issued estimates for ARQ's FY2027 earnings at $0.78 EPS.

A number of other analysts have also weighed in on the company. Canaccord Genuity Group upped their target price on ARQ from $8.00 to $10.00 and gave the stock a "buy" rating in a report on Thursday, August 7th. Wall Street Zen cut ARQ from a "hold" rating to a "sell" rating in a research note on Saturday. Fearnley Fonds upgraded ARQ to a "strong-buy" rating in a research note on Friday, June 27th. Finally, Craig Hallum assumed coverage on shares of ARQ in a report on Tuesday, July 15th. They issued a "buy" rating and a $10.00 target price for the company. One analyst has rated the stock with a sell rating, three have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $10.00.

ARQ Stock Down 2.2%

ARQ stock traded down $0.16 during trading on Friday, hitting $7.19. 195,435 shares of the company's stock traded hands, compared to its average volume of 304,930. The firm has a market capitalization of $306.94 million, a P/E ratio of -179.75 and a beta of 1.78. ARQ has a 1 year low of $3.34 and a 1 year high of $8.11. The company has a quick ratio of 0.65, a current ratio of 1.10 and a debt-to-equity ratio of 0.04. The business has a fifty day simple moving average of $5.76 and a two-hundred day simple moving average of $5.02.

ARQ (NASDAQ:ARQ - Get Free Report) last posted its earnings results on Monday, August 11th. The company reported ($0.01) EPS for the quarter, meeting analysts' consensus estimates of ($0.01). ARQ had a negative net margin of 1.40% and a negative return on equity of 0.07%. The business had revenue of $28.58 million for the quarter, compared to the consensus estimate of $25.56 million.

Insider Activity

In other ARQ news, Director Jeremy Blank acquired 50,000 shares of the stock in a transaction dated Friday, May 23rd. The stock was purchased at an average price of $4.10 per share, with a total value of $205,000.00. Following the transaction, the director directly owned 374,955 shares of the company's stock, valued at $1,537,315.50. This trade represents a 15.39% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Richard Campbell-Breeden bought 75,000 shares of the company's stock in a transaction that occurred on Friday, May 23rd. The shares were acquired at an average price of $4.10 per share, for a total transaction of $307,500.00. Following the completion of the purchase, the director owned 226,148 shares in the company, valued at $927,206.80. The trade was a 49.62% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 150,000 shares of company stock worth $615,000 and sold 10,167 shares worth $52,868. Company insiders own 23.89% of the company's stock.

Institutional Trading of ARQ

Institutional investors have recently bought and sold shares of the stock. Nisa Investment Advisors LLC purchased a new stake in ARQ during the 2nd quarter worth approximately $25,000. Walleye Capital LLC acquired a new stake in shares of ARQ during the first quarter worth $44,000. The Manufacturers Life Insurance Company grew its holdings in shares of ARQ by 13.7% during the second quarter. The Manufacturers Life Insurance Company now owns 11,739 shares of the company's stock valued at $63,000 after buying an additional 1,413 shares during the last quarter. Avanza Fonder AB increased its position in shares of ARQ by 84.6% in the 1st quarter. Avanza Fonder AB now owns 16,615 shares of the company's stock valued at $70,000 after acquiring an additional 7,615 shares during the period. Finally, Price T Rowe Associates Inc. MD acquired a new position in shares of ARQ in the 4th quarter valued at $79,000. 18.49% of the stock is currently owned by institutional investors and hedge funds.

ARQ Company Profile

Arq, Inc is a holding company. It engages in the provision of environmental and emission control equipment to the power generation industry. The company operates through the following Segments: Refined Coal and Advanced Purification Technologies. The Refined Coal segment includes the Tinuum Group, Tinuum Services, and GWN Manager.