ArcBest Corporation provides freight transportation services and integrated logistics solutions worldwide. It operates through three segments: Asset-Based, ArcBest, and FleetNet. The Asset-Based segment transports general commodities, such as food, textiles, apparel, furniture, appliances, chemicals, nonbulk petroleum products, rubber, plastics, metal and metal products, wood, glass, automotive parts, machinery, and miscellaneous manufactured products through less-than-truckload services. This segment also offers motor carrier freight transportation services to customers in Mexico through arrangements with trucking companies. The ArcBest segment provides expedite freight transportation services to commercial and government customers; premium logistics services, such as deployment of specialized equipment to meet line haul requirements; and international freight transportation with air, ocean, and ground services. This segment also offers third-party transportation brokerage services by sourcing various capacity solutions, including dry van over the road and intermodal, temperature-controlled and refrigerated, flatbed, intermodal or container shipping, and specialized equipment; full-container and less-than-container load ocean transportation services; warehousing and distribution services; managed transportation services; and moving services to do-it-yourself' consumer and corporate account employee relocations, as well as provides final mile, time critical, product launch, warehousing, retail logistics, supply chain optimization, and trade show shipping services. The FleetNet segment provides roadside assistance and maintenance management services for commercial vehicles through third-party service providers. 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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Trucking, except local
Sub-IndustryN/A
SectorTransportation
Current SymbolNASDAQ:ARCB
Previous Symbol
CUSIPN/A
Phone479-785-6000
Debt
Debt-to-Equity Ratio0.33
Current Ratio1.39
Quick Ratio1.39
Price-To-Earnings
Trailing P/E Ratio26.32
Forward P/E Ratio9.21
P/E Growth0.22
Sales & Book Value
Annual Sales$2.83 billion
Price / Sales0.32
Cash Flow$5.1852 per share
Price / Cash Flow6.75
Book Value$25.41 per share
Price / Book1.38
Profitability
EPS (Most Recent Fiscal Year)$1.33
Net Income$59.72 million
Net Margins2.92%
Return on Equity12.98%
Return on Assets6.16%
Miscellaneous
Employees13,000
Outstanding Shares25,690,000
Market Cap$937.43 million
OptionableOptionable
ArcBest (NASDAQ:ARCB) Frequently Asked Questions
What is ArcBest's stock symbol?
ArcBest trades on the NASDAQ under the ticker symbol "ARCB."
How often does ArcBest pay dividends? What is the dividend yield for ArcBest?
ArcBest declared a quarterly dividend on Tuesday, October 30th. Investors of record on Tuesday, November 13th will be given a dividend of $0.08 per share on Tuesday, November 27th. This represents a $0.32 annualized dividend and a yield of 0.91%. The ex-dividend date of this dividend is Friday, November 9th. View ArcBest's Dividend History.
How were ArcBest's earnings last quarter?
ArcBest Corp (NASDAQ:ARCB) posted its earnings results on Thursday, November, 1st. The transportation company reported $1.44 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.12 by $0.32. The transportation company had revenue of $826.20 million for the quarter, compared to analysts' expectations of $815.82 million. ArcBest had a net margin of 2.92% and a return on equity of 12.98%. ArcBest's quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.59 EPS. View ArcBest's Earnings History.
When is ArcBest's next earnings date?
What price target have analysts set for ARCB?
11 equities research analysts have issued 12-month price objectives for ArcBest's stock. Their forecasts range from $37.00 to $49.00. On average, they expect ArcBest's stock price to reach $42.6667 in the next twelve months. This suggests a possible upside of 21.9% from the stock's current price. View Analyst Price Targets for ArcBest.
What is the consensus analysts' recommendation for ArcBest?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ArcBest in the last year. There are currently 2 sell ratings, 8 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for ArcBest.
Has ArcBest been receiving favorable news coverage?
Press coverage about ARCB stock has been trending somewhat negative this week, InfoTrie reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. ArcBest earned a coverage optimism score of -1.4 on InfoTrie's scale. They also assigned news coverage about the transportation company a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an impact on the stock's share price in the near term.
Who are some of ArcBest's key competitors?
Some companies that are related to ArcBest include Schneider National (SNDR), Werner Enterprises (WERN), Heartland Express (HTLD), Saia (SAIA), Marten Transport (MRTN), Universal Logistics (ULH), Covenant Transportation Group (CVTI), P.A.M. Transportation Services (PTSI), YRC Worldwide (YRCW), USA Truck (USAK), Celadon Group (CGIP), Celadon Group (CGI) and US Xpress Enterprises (USX).
Who are ArcBest's key executives?
ArcBest's management team includes the folowing people:
- Ms. Judy R. McReynolds, Chairman, Pres & CEO (Age 55)
- Mr. David R. Cobb, VP & CFO (Age 52)
- Mr. Michael E. Newcity, Sr. VP & Chief Innovation Officer (Age 48)
- Mr. Timothy D. Thorne, Pres of ABF Freight (Age 56)
- Mr. James A. Ingram, Chief Operating Officer of Asset-Light Logistics (Age 51)
Who are ArcBest's major shareholders?
ArcBest's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.16%), Vanguard Group Inc. (12.23%), Vanguard Group Inc (12.23%), Dimensional Fund Advisors LP (8.42%), JPMorgan Chase & Co. (4.95%) and JPMorgan Chase & Co. (4.95%). Company insiders that own ArcBest stock include Daniel E Loe, James A Ingram, James David Darter, Janice E Stipp, Michael E Newcity, Michael R Johns, Steven Carrol Leonard, Steven Spinner and William Legg. View Institutional Ownership Trends for ArcBest.
Which major investors are selling ArcBest stock?
ARCB stock was sold by a variety of institutional investors in the last quarter, including Smith Graham & Co. Investment Advisors LP, Man Group plc, Wells Fargo & Company MN, Acadian Asset Management LLC, AQR Capital Management LLC, Russell Investments Group Ltd., Aristotle Capital Boston LLC and TIAA CREF Investment Management LLC. Company insiders that have sold ArcBest company stock in the last year include Daniel E Loe, James David Darter, Michael E Newcity, Michael R Johns and William Legg. View Insider Buying and Selling for ArcBest.
Which major investors are buying ArcBest stock?
ARCB stock was purchased by a variety of institutional investors in the last quarter, including Matarin Capital Management LLC, American Century Companies Inc., Vanguard Group Inc, Vanguard Group Inc., Morgan Stanley, Scopus Asset Management L.P., BlackRock Inc. and Vident Investment Advisory LLC. View Insider Buying and Selling for ArcBest.
How do I buy shares of ArcBest?
Shares of ARCB 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's stock price today?
One share of ARCB stock can currently be purchased for approximately $35.00.
How big of a company is ArcBest?
ArcBest has a market capitalization of $937.43 million and generates $2.83 billion in revenue each year. The transportation company earns $59.72 million in net income (profit) each year or $1.33 on an earnings per share basis. ArcBest employs 13,000 workers across the globe.
What is ArcBest's official website?
How can I contact ArcBest?
ArcBest'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 (NASDAQ ARCB)
MarketBeat's community ratings are surveys of what our community members think about ArcBest and other stocks. Vote "Outperform" if you believe ARCB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ARCB will underperform the S&P 500 over the long term. You may vote once every thirty days.
