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NASDAQ:ARCB

ArcBest (ARCB) Stock Price, News & Analysis

$106.20
+0.43 (+0.41%)
(As of 05/24/2024 04:00 PM ET)
Today's Range
$104.44
$107.36
50-Day Range
$105.77
$151.75
52-Week Range
$82.18
$153.60
Volume
302,900 shs
Average Volume
312,240 shs
Market Capitalization
$2.49 billion
P/E Ratio
21.37
Dividend Yield
0.45%
Price Target
$142.69

ArcBest MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.62 Rating Score
Upside/​Downside
34.4% Upside
$142.69 Price Target
Short Interest
Healthy
5.10% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-4.33
Upright™ Environmental Score
News Sentiment
0.39mentions of ArcBest in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$283,160 Sold Last Quarter
Proj. Earnings Growth
29.73%
From $8.51 to $11.04 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.87 out of 5 stars

Transportation Sector

8th out of 114 stocks

Trucking, Except Local Industry

2nd out of 13 stocks

ARCB stock logo

About ArcBest Stock (NASDAQ:ARCB)

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.

ARCB Stock Price History

ARCB Stock News Headlines

ArcBest (NASDAQ:ARCB) Price Target Cut to $150.00
Q1 2024 ArcBest Corp Earnings Call
ArcBest: Q1 Earnings Snapshot
ArcBest Turns To Q1 Loss On Decreased Revenue
ArcBest misses mark in Q1
ArcBest Announces First Quarter 2024 Results
What Wall Street expects from ArcBest's earnings
ArcBest Q1 2024 Earnings Preview
ArcBest Declares a $0.12/Share Quarterly Dividend
ArcBest Corp.
See More Headlines
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Company Calendar

Ex-Dividend for 3/1 Dividend
2/15/2024
Dividend Payable
3/01/2024
Last Earnings
4/30/2024
Ex-Dividend for 5/24 Dividend
5/09/2024
Dividend Payable
5/24/2024
Today
5/27/2024
Next Earnings (Estimated)
7/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$142.69
High Stock Price Target
$205.00
Low Stock Price Target
$110.00
Potential Upside/Downside
+34.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.62
Research Coverage
13 Analysts

Profitability

Net Income
$195.43 million
Pretax Margin
3.64%

Debt

Sales & Book Value

Annual Sales
$4.43 billion
Cash Flow
$14.33 per share
Book Value
$52.42 per share

Miscellaneous

Free Float
23,156,000
Market Cap
$2.49 billion
Optionable
Optionable
Beta
1.56
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ARCB Stock Analysis - Frequently Asked Questions

Should I buy or sell ArcBest stock right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ArcBest in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ARCB shares.
View ARCB analyst ratings
or view top-rated stocks.

What is ArcBest's stock price target for 2024?

13 Wall Street analysts have issued 1-year price targets for ArcBest's shares. Their ARCB share price targets range from $110.00 to $205.00. On average, they predict the company's stock price to reach $142.69 in the next twelve months. This suggests a possible upside of 34.4% from the stock's current price.
View analysts price targets for ARCB
or view top-rated stocks among Wall Street analysts.

How have ARCB shares performed in 2024?

ArcBest's stock was trading at $120.21 on January 1st, 2024. Since then, ARCB shares have decreased by 11.7% and is now trading at $106.20.
View the best growth stocks for 2024 here
.

When is ArcBest's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, July 26th 2024.
View our ARCB earnings forecast
.

How were ArcBest's earnings last quarter?

ArcBest Co. (NASDAQ:ARCB) announced its earnings results on Tuesday, April, 30th. The transportation company reported $1.34 earnings per share for the quarter, missing analysts' consensus estimates of $1.53 by $0.19. The transportation company earned $1.04 billion during the quarter, compared to analyst estimates of $1.03 billion. ArcBest had a trailing twelve-month return on equity of 15.27% and a net margin of 2.80%. The business's revenue was down 6.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.58 earnings per share.

How often does ArcBest pay dividends? What is the dividend yield for ArcBest?

ArcBest announced a quarterly dividend on Friday, April 26th. Shareholders of record on Friday, May 10th will be given a dividend of $0.12 per share on Friday, May 24th. This represents a $0.48 annualized dividend and a dividend yield of 0.45%. The ex-dividend date of this dividend is Thursday, May 9th.
Read our dividend analysis for ARCB
.

Is ArcBest a good dividend stock?

ArcBest (NASDAQ:ARCB) pays an annual dividend of $0.48 per share and currently has a dividend yield of 0.45%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 9.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ARCB will have a dividend payout ratio of 4.35% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ARCB.

What is Judy R. McReynolds' approval rating as ArcBest's CEO?

137 employees have rated ArcBest Chief Executive Officer Judy R. McReynolds on Glassdoor.com. Judy R. McReynolds has an approval rating of 85% among the company's employees. 77.0% of employees surveyed would recommend working at ArcBest to a friend.

What other stocks do shareholders of ArcBest own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ArcBest investors own include YRC Worldwide (YRCW), Intel (INTC), Energy Transfer (ET), Pfizer (PFE), Delta Air Lines (DAL), Boeing (BA), American Airlines Group (AAL), Advanced Micro Devices (AMD), Southwest Airlines (LUV) and Valero Energy (VLO).

Who are ArcBest's major shareholders?

ArcBest's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.17%), LSV Asset Management (2.34%), Westwood Holdings Group Inc. (1.85%), Jacobs Levy Equity Management Inc. (1.47%), Allspring Global Investments Holdings LLC (0.70%) and Allspring Global Investments Holdings LLC (0.70%). Insiders that own company stock include Craig E Philip, Daniel E Loe, Dennis L Anderson II, Erin K Gattis, Janice E Stipp, John Matthew Beasley, Judy R Mcreynolds, Kathleen D Mcelligott, Michael E Newcity, Michael P Hogan, Michael R Johns, Seth Runser, Stephen E Gorman and Steven Spinner.
View institutional ownership trends
.

How do I buy shares of ArcBest?

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.

This page (NASDAQ:ARCB) was last updated on 5/27/2024 by MarketBeat.com Staff

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