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ArcBest (ARCB) Stock Price, News & Analysis

ArcBest logo
$108.24 +1.48 (+1.39%)
(As of 10:25 AM ET)

About ArcBest Stock (NASDAQ:ARCB)

Key Stats

Today's Range
$106.77
$109.00
50-Day Range
$98.83
$121.90
52-Week Range
$94.76
$153.60
Volume
15,336 shs
Average Volume
287,108 shs
Market Capitalization
$2.53 billion
P/E Ratio
13.36
Dividend Yield
0.44%
Price Target
$124.50
Consensus Rating
Hold

Company Overview

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. The segment also offers motor carrier freight transportation services to customers in Mexico through arrangements with trucking companies. The Asset-Light segment provides ground expedite services; third-party transportation brokerage services by sourcing various capacity solutions, including dry van over-the-road, temperature-controlled and refrigerated, flatbed, intermodal or container shipping, and specialized equipment; less-than- and full container load ocean transportation services; warehousing and distribution services; managed transportation services; and moving services to do-it-yourself' consumer, as well as provides final mile, time critical, product launch, retail logistics, supply chain optimization, and trade show shipping services. This segment also offers premium logistics services, such as deployment of specialized equipment to meet linehaul requirements; international freight transportation with air, ocean, and ground services; and engages in the final mile, time-critical, product launch, retail logistics, supply chain optimization, brokered LTL, and trade show shipping activities. The company was formerly known as Arkansas Best Corporation and changed its name to ArcBest Corporation in May 2014. ArcBest Corporation was founded in 1923 and is headquartered in Fort Smith, Arkansas.

ArcBest Stock Analysis - MarketRank™

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90th Percentile Overall Score

ARCB MarketRank™: 

ArcBest scored higher than 90% of companies evaluated by MarketBeat, and ranked 17th out of 127 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    ArcBest has received a consensus rating of Hold. The company's average rating score is 2.31, and is based on 5 buy ratings, 7 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    ArcBest has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about ArcBest's stock forecast and price target.
  • Earnings Growth

    Earnings for ArcBest are expected to grow by 36.35% in the coming year, from $6.19 to $8.44 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of ArcBest is 13.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.79.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of ArcBest is 13.18, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 15.99.

  • Price to Earnings Growth Ratio

    ArcBest has a PEG Ratio of 2.03. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    ArcBest has a P/B Ratio of 2.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about ArcBest's valuation and earnings.
  • Percentage of Shares Shorted

    7.06% of the float of ArcBest has been sold short.
  • Short Interest Ratio / Days to Cover

    ArcBest has a short interest ratio ("days to cover") of 6.2.
  • Change versus previous month

    Short interest in ArcBest has recently increased by 1.25%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    ArcBest has a dividend yield of 0.44%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    ArcBest does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of ArcBest is 5.93%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, ArcBest will have a dividend payout ratio of 5.69% next year. This indicates that ArcBest will be able to sustain or increase its dividend.

  • Read more about ArcBest's dividend.
  • Percentage of Shares Shorted

    7.06% of the float of ArcBest has been sold short.
  • Short Interest Ratio / Days to Cover

    ArcBest has a short interest ratio ("days to cover") of 6.2.
  • Change versus previous month

    Short interest in ArcBest has recently increased by 1.25%, indicating that investor sentiment is decreasing.
  • News Sentiment

    ArcBest has a news sentiment score of 0.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Transportation companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for ArcBest this week, compared to 6 articles on an average week.
  • Search Interest

    3 people have searched for ARCB on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added ArcBest to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, ArcBest insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,259,426.00 in company stock.

  • Percentage Held by Insiders

    Only 1.18% of the stock of ArcBest is held by insiders.

  • Percentage Held by Institutions

    99.27% of the stock of ArcBest is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about ArcBest's insider trading history.
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ARCB Stock News Headlines

LTL general rate increases buck pricing concerns for industry
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ArcBest price target raised to $127 from $110 at Citi
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ARCB Stock Analysis - Frequently Asked Questions

ArcBest's stock was trading at $120.21 at the start of the year. Since then, ARCB stock has decreased by 11.2% and is now trading at $106.76.
View the best growth stocks for 2024 here
.

ArcBest Co. (NASDAQ:ARCB) issued its earnings results on Friday, November, 1st. The transportation company reported $1.64 EPS for the quarter, missing the consensus estimate of $1.84 by $0.20. The firm's revenue was down 5.8% compared to the same quarter last year.

ArcBest's top institutional shareholders include FMR LLC (6.07%), State Street Corp (4.09%), Geode Capital Management LLC (2.36%) and Charles Schwab Investment Management Inc. (1.77%). Insiders that own company stock include Judy R Mcreynolds, Erin K Gattis, Dennis L Anderson II, Craig E Philip, Daniel E Loe, Kathleen D Mcelligott, Seth Runser, Janice E Stipp, Steven Spinner, John Matthew Beasley, Michael E Newcity, Salvatore A Abbate and Michael P Hogan.
View institutional ownership trends
.

Shares of ARCB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that ArcBest investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Salesforce (CRM), Broadcom (AVGO), Netflix (NFLX) and Tesla (TSLA).

Company Calendar

Ex-Dividend for 8/27 Dividend
8/13/2024
Dividend Payable
8/27/2024
Last Earnings
11/01/2024
Ex-Dividend for 11/27 Dividend
11/13/2024
Today
11/21/2024
Dividend Payable
11/27/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/04/2025

Industry, Sector and Symbol

Industry
Trucking, except local
Sub-Industry
Transportation
Current Symbol
NASDAQ:ARCB
Employees
15,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$124.50
High Stock Price Target
$170.00
Low Stock Price Target
$99.00
Potential Upside/Downside
+16.6%
Consensus Rating
Hold
Rating Score (0-4)
2.31
Research Coverage
13 Analysts

Profitability

Net Income
$195.43 million
Pretax Margin
5.84%

Debt

Sales & Book Value

Annual Sales
$4.43 billion
Cash Flow
$14.12 per share
Book Value
$52.42 per share

Miscellaneous

Free Float
23,124,000
Market Cap
$2.50 billion
Optionable
Optionable
Beta
1.47

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This page (NASDAQ:ARCB) was last updated on 11/21/2024 by MarketBeat.com Staff
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