About ArcBest Corporation (NASDAQ:ARCB)
ArcBest Corporation is a holding company of businesses providing integrated logistics solutions. The Company operates through three segments: Asset-Based, which consists of ABF Freight System, Inc. and other subsidiaries; ArcBest, which represents the consolidation of the operations of the Premium Logistics, Transportation Management and Household Goods Moving Services segments, and FleetNet, which includes the results of operations of FleetNet America, Inc. (FleetNet). Its Asset-Based operations offer transportation of general commodities through standard, time-critical, expedited and guaranteed LTL services-nationally and regionally. Its ArcBest segment includes truckload, expedite, international, warehousing, freight transportation, management services and moving services. Its FleetNet segment provides roadside assistance and maintenance management services for commercial vehicles to customers in the United States and Canada through a network of third-party service providers.
Industry, Sector and Symbol:
- Industry: Ground Freight & Logistics
- Sub-Industry: N/A
- Sector: Transportation
- Symbol: NASDAQ:ARCB
- CUSIP: N/A
- Web: www.arcb.com
- Debt-to-Equity Ratio: 0.33%
- Current Ratio: 1.26%
- Quick Ratio: 1.26%
Sales & Book Value:
- Trailing P/E Ratio: 26.3
- Forward P/E Ratio: 25.27
- Annual Sales: $2.70022 billion
- Price / Sales: 0.31
- Cash Flow: $4.98 per share
- Price / Cash: 6.50
- Book Value: $23.93 per share
- Price / Book: 1.35
- Annual Dividend: $0.32
- Dividend Yield: 1.0%
- Trailing EPS: $0.93
- Net Income: $18.65 million
- Net Margins: 0.88%
- Return on Equity: 5.34%
- Return on Assets: 2.47%
- Employees: 11,000
- Outstanding Shares: 25,640,000
Frequently Asked Questions for ArcBest Corporation (NASDAQ:ARCB)
What is ArcBest Corporation's stock symbol?
ArcBest Corporation trades on the NASDAQ under the ticker symbol "ARCB."
How often does ArcBest Corporation pay dividends? What is the dividend yield for ArcBest Corporation?
ArcBest Corporation declared a quarterly dividend on Wednesday, November 1st. Shareholders of record on Tuesday, November 14th will be given a dividend of $0.08 per share on Tuesday, November 28th. This represents a $0.32 annualized dividend and a yield of 0.99%. The ex-dividend date is Monday, November 13th. View ArcBest Corporation's Dividend History.
How were ArcBest Corporation's earnings last quarter?
ArcBest Corporation (NASDAQ:ARCB) announced its quarterly earnings results on Friday, November, 3rd. The transportation company reported $0.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.58 by $0.01. The transportation company earned $744.30 million during the quarter, compared to analysts' expectations of $750.16 million. ArcBest Corporation had a net margin of 0.88% and a return on equity of 5.34%. The company's revenue for the quarter was up 4.3% on a year-over-year basis. During the same period last year, the firm posted $0.48 EPS. View ArcBest Corporation's Earnings History.
When will ArcBest Corporation make its next earnings announcement?
Where is ArcBest Corporation's stock going? Where will ArcBest Corporation's stock price be in 2017?
7 analysts have issued 1 year price targets for ArcBest Corporation's stock. Their predictions range from $22.00 to $35.00. On average, they expect ArcBest Corporation's stock price to reach $30.00 in the next twelve months. View Analyst Ratings for ArcBest Corporation.
Who are some of ArcBest Corporation's key competitors?
Who are ArcBest Corporation's key executives?
ArcBest Corporation's management team includes the folowing people:
- Judy R. McReynolds CPA, Chairman of the Board, President, Chief Executive Officer (Age 54)
- David R. Cobb, Chief Financial Officer, Vice President (Age 51)
- Timothy D. Thorne, President of ABF Freight (Age 55)
- James A. Ingram, Chief Operating Officer (Age 49)
- Erin K. Gattis, Chief Human Resource Officer (Age 43)
- Michael E. Newcity, Senior Vice President, Chief Information Officer, President of ArcBest Technologies, Inc. (Age 47)
- Traci L. Sowersby, Vice President, Controller, Chief Accounting Officer (Age 47)
- Michael R. Johns, Vice President, General Counsel, Corporate Secretary (Age 58)
- Laura Bogner, Vice President - Internal Audit
- Cheryl Harper, Vice President - Tax
Who owns ArcBest Corporation stock?
ArcBest Corporation's stock is owned by many different of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (8.48%), JPMorgan Chase & Co. (7.99%), Towle & Co. (3.83%), Bank of New York Mellon Corp (2.25%), Ameriprise Financial Inc. (1.72%) and Eagle Boston Investment Management Inc. (1.29%). Company insiders that own ArcBest Corporation stock include Daniel E Loe, James A Ingram, James David Darter, John W Alden, Michael R Johns, Steven Carrol Leonard, Steven Spinner and Walter J Echols. View Institutional Ownership Trends for ArcBest Corporation.
Who sold ArcBest Corporation stock? Who is selling ArcBest Corporation stock?
ArcBest Corporation's stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Ameriprise Financial Inc., Russell Investments Group Ltd., Systematic Financial Management LP, Wedge Capital Management L L P NC, Citadel Advisors LLC, Bank of New York Mellon Corp and Nationwide Fund Advisors. Company insiders that have sold ArcBest Corporation company stock in the last year include Daniel E Loe, James A Ingram, James David Darter, John W Alden, Michael R Johns, Steven Carrol Leonard, Steven Spinner and Walter J Echols. View Insider Buying and Selling for ArcBest Corporation.
Who bought ArcBest Corporation stock? Who is buying ArcBest Corporation stock?
ArcBest Corporation's stock was bought by a variety of institutional investors in the last quarter, including Algert Global LLC, Cornerstone Capital Management Holdings LLC., First Trust Advisors LP, Towle & Co., OxFORD Asset Management LLP, Eagle Boston Investment Management Inc., ClariVest Asset Management LLC and Macquarie Group Ltd.. View Insider Buying and Selling for ArcBest Corporation.
How do I buy ArcBest Corporation stock?
Shares of ArcBest Corporation can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is ArcBest Corporation's stock price today?
One share of ArcBest Corporation stock can currently be purchased for approximately $32.35.
How big of a company is ArcBest Corporation?
ArcBest Corporation has a market capitalization of $829.36 million and generates $2.70022 billion in revenue each year. The transportation company earns $18.65 million in net income (profit) each year or $0.93 on an earnings per share basis. ArcBest Corporation employs 11,000 workers across the globe.
How can I contact ArcBest Corporation?
ArcBest Corporation's mailing address is 8401 McClure Drive, FORT SMITH AR, 72916. The transportation company can be reached via phone at 479-785-6000 or via email at [email protected]
MarketBeat Community Rating for ArcBest Corporation (NASDAQ ARCB)MarketBeat's community ratings are surveys of what our community members think about ArcBest Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for ArcBest Corporation (NASDAQ:ARCB) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 7 Hold Ratings, 0 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||$30.00 (7.26% downside)|
Consensus Price Target History for ArcBest Corporation (NASDAQ:ARCB)
Analysts' Ratings History for ArcBest Corporation (NASDAQ:ARCB)
(Data available from 11/19/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/6/2017||Bank of America Corporation||Boost Price Target||Neutral||$34.00 -> $35.00||N/A|
|11/6/2017||Buckingham Research||Boost Price Target||Neutral||$29.00 -> $33.00||N/A|
|11/6/2017||Cowen and Company||Reiterated Rating||Market Perform -> Market Perform||$29.00 -> $33.00||N/A|
|10/5/2017||Morgan Stanley||Reiterated Rating||Equal Weight||$21.00 -> $22.00||N/A|
|9/21/2017||Stifel Nicolaus||Reiterated Rating||Hold||$28.00||Low|
|8/9/2017||Deutsche Bank AG||Reiterated Rating||Hold||$26.00 -> $29.00||Low|
|12/16/2016||Seaport Global Securities||Reiterated Rating||Neutral||N/A|
|9/8/2016||Citigroup Inc.||Boost Price Target||Neutral||$17.00 -> $20.00||N/A|
|2/4/2016||Stephens||Lower Price Target||Equal Weight||$23.00 -> $20.00||N/A|
Earnings History and Estimates Chart for ArcBest Corporation (NASDAQ:ARCB)
Earnings History by Quarter for ArcBest Corporation (NASDAQ ARCB)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/3/2017||Q3 2017||$0.58||$0.59||$750.16 million||$744.30 million||View||N/A|
|7/28/2017||Q2 2017||$0.48||$0.57||$721.11 million||$720.40 million||View||N/A|
|5/5/2017||Q1 2017||($0.11)||($0.22)||$659.29 million||$651.10 million||View||N/A|
|2/8/2017||Q416||$0.25||$0.29||$680.75 million||$688.20 million||View||Listen|
|11/3/2016||Q316||$0.47||$0.48||$422.62 million||$713.90 million||View||N/A|
|7/29/2016||Q216||$0.43||$0.38||$683.12 million||$676.60 million||View||Listen|
|4/29/2016||Q116||($0.10)||($0.23)||$625.82 million||$621.50 million||View||Listen|
|2/3/2016||Q415||$0.41||$0.21||$654.47 million||$648.10 million||View||N/A|
|10/30/2015||Q315||$0.79||$0.74||$719.22 million||$709.40 million||View||Listen|
|8/3/2015||Q215||$0.73||$0.75||$693.86 million||$696.10 million||View||N/A|
|5/4/2015||Q115||$0.10||$0.06||$621.27 million||$613.30 million||View||N/A|
|2/4/2015||Q414||$0.45||$0.53||$652.06 million||$664.80 million||View||N/A|
|11/3/2014||Q314||$0.74||$0.74||$699.30 million||$711.30 million||View||N/A|
|7/31/2014||Q2||$0.72||$0.65||$643.08 million||$658.60 million||View||N/A|
|5/1/2014||Q114||($0.08)||($0.11)||$551.35 million||$577.90 million||View||N/A|
|1/31/2014||Q413||$0.30||$0.31||$565.77 million||$578.50 million||View||N/A|
|11/11/2013||Q313||$0.39||$0.54||$605.40 million||$623.40 million||View||N/A|
|8/9/2013||Q2 2013||$0.20||$0.18||$572.48 million||$576.90 million||View||N/A|
|4/30/2013||Q1 2013||($0.41)||($0.52)||$518.68 million||$520.70 million||View||N/A|
|1/30/2013||Q4 2012||($0.01)||($0.22)||$521.13 million||$537.00 million||View||N/A|
|11/1/2012||Q312||$0.26||$0.24||$566.58 million||$577.55 million||View||N/A|
Earnings Estimates for ArcBest Corporation (NASDAQ:ARCB)
2017 EPS Consensus Estimate: $1.34
2018 EPS Consensus Estimate: $1.64
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for ArcBest Corporation (NASDAQ:ARCB)
|Payout Ratio:||34.41% (Trailing 12 Months of Earnings) |
25.00% (Based on This Year's Estimates)
17.39% (Based on Next Year's Estimates)
Dividend History by Quarter for ArcBest Corporation (NASDAQ ARCB)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for ArcBest Corporation (NASDAQ ARCB)
Insider Ownership Percentage: 0.97%
Institutional Ownership Percentage: 84.80%
Insider Trades by Quarter for ArcBest Corporation (NASDAQ ARCB)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/15/2017||Steven Spinner||Director||Sell||4,000||$32.00||$128,000.00|| |
|9/6/2017||Steven Carrol Leonard||VP||Sell||770||$30.00||$23,100.00|| |
|9/5/2017||Michael R Johns||VP||Sell||6,593||$29.98||$197,658.14|| |
|8/14/2017||James A Ingram||COO||Sell||6,918||$27.14||$187,754.52|| |
|8/4/2017||Daniel E Loe||Insider||Sell||9,929||$25.87||$256,863.23|| |
|2/24/2017||James David Darter||Insider||Sell||77||$30.51||$2,349.27|| |
|12/8/2016||Walter J Echols||VP||Sell||9,664||$33.19||$320,748.16|| |
|12/5/2016||Daniel E Loe||VP||Sell||5,394||$31.13||$167,915.22|| |
|12/5/2016||John W Alden||Director||Sell||11,400||$31.27||$356,478.00|| |
|5/30/2014||David R Cobb||VP||Sell||4,000||$43.00||$172,000.00|| |
|5/19/2014||Walter J Echols||VP||Sell||6,900||$40.70||$280,830.00|| |
|5/14/2014||Michael R Johns||VP||Sell||4,700||$41.57||$195,379.00|| |
|5/13/2014||J Lavon Morton||SVP||Sell||5,000||$41.90||$209,500.00|| |
|5/12/2014||James A Ingram||Insider||Sell||4,606||$41.56||$191,425.36|| |
|12/6/2013||Fred Allardyce||Director||Sell||7,500||$33.68||$252,600.00|| |
|12/6/2013||Walter Echols||VP||Sell||2,624||$33.68||$88,376.32|| |
|8/14/2013||James Ingram||SVP||Sell||6,952||$23.44||$162,954.88|| |
|8/14/2013||John Morris||Director||Sell||8,100||$23.43||$189,783.00|| |
Latest Headlines for ArcBest Corporation (NASDAQ ARCB)
ArcBest Corporation (NASDAQ ARCB) Chart for Sunday, November, 19, 2017