ArcBest (ARCB) Projected to Post Earnings on Tuesday

ArcBest (NASDAQ:ARCB - Get Free Report) is expected to issue its Q1 2025 quarterly earnings data before the market opens on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.55 per share and revenue of $990.03 million for the quarter.

ArcBest (NASDAQ:ARCB - Get Free Report) last issued its quarterly earnings data on Friday, January 31st. The transportation company reported $1.33 EPS for the quarter, topping the consensus estimate of $1.11 by $0.22. ArcBest had a return on equity of 11.79% and a net margin of 4.16%. During the same period last year, the company earned $2.47 earnings per share. On average, analysts expect ArcBest to post $7 EPS for the current fiscal year and $10 EPS for the next fiscal year.

ArcBest Stock Performance

ARCB traded down $6.25 during trading on Friday, hitting $58.42. The company's stock had a trading volume of 772,339 shares, compared to its average volume of 298,480. The company has a quick ratio of 1.04, a current ratio of 1.01 and a debt-to-equity ratio of 0.10. The business's 50 day simple moving average is $71.67 and its 200-day simple moving average is $91.85. The firm has a market cap of $1.35 billion, a PE ratio of 7.97, a P/E/G ratio of 1.70 and a beta of 1.62. ArcBest has a one year low of $57.38 and a one year high of $132.00.

ArcBest Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Friday, May 9th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.82%. ArcBest's dividend payout ratio (DPR) is presently 6.55%.

Analysts Set New Price Targets

A number of research firms recently weighed in on ARCB. UBS Group reduced their price objective on shares of ArcBest from $110.00 to $100.00 and set a "neutral" rating on the stock in a research report on Monday, February 3rd. Jefferies Financial Group cut their price objective on shares of ArcBest from $120.00 to $95.00 and set a "buy" rating on the stock in a report on Wednesday, April 9th. Stephens reissued an "overweight" rating and issued a $116.00 price objective on shares of ArcBest in a report on Tuesday, March 11th. The Goldman Sachs Group decreased their price objective on shares of ArcBest from $108.00 to $97.00 and set a "neutral" rating for the company in a research report on Thursday, April 10th. Finally, Morgan Stanley lowered their price target on ArcBest from $160.00 to $145.00 and set an "overweight" rating on the stock in a research note on Monday, February 3rd. One analyst has rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, ArcBest currently has a consensus rating of "Hold" and an average price target of $101.50.

Insider Buying and Selling at ArcBest

In other ArcBest news, CFO John Matthew Beasley acquired 700 shares of the company's stock in a transaction dated Thursday, March 13th. The shares were acquired at an average cost of $74.89 per share, for a total transaction of $52,423.00. Following the completion of the purchase, the chief financial officer now owns 8,142 shares of the company's stock, valued at approximately $609,754.38. This trade represents a 9.41 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 1.28% of the company's stock.

ArcBest Company Profile

ArcBest Corporation, an integrated logistics company, engages in the provision of ground, air, and ocean transportation solutions. It operates through two segments: Asset-Based and Asset-Light. The Asset-Based segment provides less-than-truckload (LTL) services, that transports general commodities, such as food, textiles, apparel, furniture, appliances, chemicals, non-bulk petroleum products, rubber, plastics, metal and metal products, wood, glass, automotive parts, machinery, and miscellaneous manufactured products.