Roth Capital Issues Pessimistic Forecast for ARQ Earnings

Arq, Inc. (NASDAQ:ARQ) – Equities researchers at Roth Capital cut their Q4 2025 earnings per share (EPS) estimates for shares of ARQ in a report issued on Thursday, May 8th. Roth Capital analyst G. Sweeney now expects that the company will earn $0.01 per share for the quarter, down from their prior forecast of $0.08. The consensus estimate for ARQ’s current full-year earnings is ($0.13) per share. Roth Capital also issued estimates for ARQ’s FY2026 earnings at $0.37 EPS and FY2027 earnings at $0.76 EPS.

ARQ (NASDAQ:ARQ) last posted its quarterly earnings results on Wednesday, March 5th. The company reported ($0.03) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.03). The business had revenue of $27.04 million for the quarter, compared to analyst estimates of $28.34 million. ARQ had a negative return on equity of 0.25% and a negative net margin of 0.44%. During the same period in the prior year, the company posted $0.14 EPS.

Separately, Canaccord Genuity Group decreased their price target on ARQ from $9.00 to $8.00 and set a “buy” rating for the company in a research note on Thursday.

ARQ Price Performance

Shares of ARQ opened at $3.90 on Monday. ARQ has a 12 month low of $3.34 and a 12 month high of $8.11. The company has a market cap of $164.63 million, a P/E ratio of -390.00 and a beta of 1.51. The stock has a fifty day moving average price of $4.12 and a 200 day moving average price of $5.72. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.89 and a quick ratio of 2.28.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. Cerity Partners LLC bought a new stake in shares of ARQ in the 4th quarter worth approximately $215,000. SG Americas Securities LLC bought a new position in shares of ARQ during the 4th quarter worth approximately $95,000. Wellington Management Group LLP bought a new position in ARQ in the 4th quarter valued at $793,000. JPMorgan Chase & Co. raised its position in ARQ by 956.7% in the 4th quarter. JPMorgan Chase & Co. now owns 114,735 shares of the company’s stock valued at $869,000 after purchasing an additional 103,877 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in ARQ by 11.4% in the 4th quarter. Geode Capital Management LLC now owns 664,430 shares of the company’s stock valued at $5,031,000 after purchasing an additional 67,962 shares during the last quarter. 18.49% of the stock is owned by institutional investors.

Insider Activity

In other news, CTO Joseph M. Wong sold 6,596 shares of the firm’s stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $4.68, for a total transaction of $30,869.28. Following the completion of the sale, the chief technology officer now directly owns 354,790 shares of the company’s stock, valued at $1,660,417.20. This trade represents a 1.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold a total of 20,588 shares of company stock valued at $96,352 over the last three months. Insiders own 26.87% of the company’s stock.

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.