NASDAQ:ARCB

ArcBest (ARCB) Stock Price, News & Analysis

$136.90
-9.05 (-6.20%)
(As of 11:22 AM ET)
Today's Range
$136.59
$145.98
50-Day Range
$125.23
$151.75
52-Week Range
$82.18
$153.60
Volume
137,663 shs
Average Volume
300,223 shs
Market Capitalization
$3.22 billion
P/E Ratio
17.31
Dividend Yield
0.35%
Price Target
$151.54

ArcBest MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.62 Rating Score
Upside/​Downside
4.6% Upside
$151.54 Price Target
Short Interest
Bearish
6.17% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-4.33
Upright™ Environmental Score
News Sentiment
0.40mentions of ArcBest in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$283,160 Sold Last Quarter
Proj. Earnings Growth
24.98%
From $10.05 to $12.56 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.

3.95 out of 5 stars

Transportation Sector

38th out of 111 stocks

Trucking, Except Local Industry

7th 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 Corp.
ArcBest (ARCB) to Release Earnings on Tuesday
How to camouflage a factory of 53,000 workers
"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..." The former Goldman Sachs VP – who called everything from Microsoft's 1,100% surge... to the death of the 60/40 portfolio – is now stepping forward with his most explicit message yet: "Make this ONE STOCK the cornerstone of your portfolio."
ArcBest Co. (NASDAQ:ARCB) Short Interest Up 7.6% in March
How to camouflage a factory of 53,000 workers
"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..." The former Goldman Sachs VP – who called everything from Microsoft's 1,100% surge... to the death of the 60/40 portfolio – is now stepping forward with his most explicit message yet: "Make this ONE STOCK the cornerstone of your portfolio."
ARCB Apr 2024 125.000 call
ARCB Jan 2026 180.000 call
ARCB Jun 2024 130.000 call
See More Headlines
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Company Calendar

Last Earnings
2/06/2024
Ex-Dividend for 3/1 Dividend
2/15/2024
Dividend Payable
3/01/2024
Today
4/23/2024
Next Earnings (Confirmed)
4/30/2024
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
$151.54
High Stock Price Target
$205.00
Low Stock Price Target
$110.00
Potential Upside/Downside
+3.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.62
Research Coverage
13 Analysts

Profitability

Net Income
$195.43 million
Pretax Margin
4.22%

Debt

Sales & Book Value

Annual Sales
$4.43 billion
Cash Flow
$15.16 per share
Book Value
$52.42 per share

Miscellaneous

Free Float
23,227,000
Market Cap
$3.43 billion
Optionable
Optionable
Beta
1.49
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ARCB Stock Analysis - Frequently Asked Questions

Should I buy or sell ArcBest stock right now?

13 Wall Street 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 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 anticipate the company's stock price to reach $151.54 in the next year. This suggests a possible upside of 4.6% 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 at the beginning of the year. Since then, ARCB shares have increased by 20.6% and is now trading at $144.94.
View the best growth stocks for 2024 here
.

Are investors shorting ArcBest?

ArcBest saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 1,420,000 shares, an increase of 7.6% from the March 15th total of 1,320,000 shares. Based on an average trading volume of 294,700 shares, the days-to-cover ratio is presently 4.8 days. Currently, 6.2% of the company's shares are sold short.
View ArcBest's Short Interest
.

When is ArcBest's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our ARCB earnings forecast
.

How can I listen to ArcBest's earnings call?

ArcBest will be holding an earnings conference call on Tuesday, April 30th at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 800-770-2030 with passcode "6865438".

How were ArcBest's earnings last quarter?

ArcBest Co. (NASDAQ:ARCB) announced its quarterly earnings data on Tuesday, February, 6th. The transportation company reported $2.47 earnings per share for the quarter, topping analysts' consensus estimates of $2.22 by $0.25. The transportation company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.09 billion. ArcBest had a net margin of 4.41% and a trailing twelve-month return on equity of 15.91%. The business's revenue was down 6.4% compared to the same quarter last year. During the same period last year, the business earned $2.45 EPS.

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

ArcBest announced a quarterly dividend on Friday, February 2nd. Shareholders of record on Friday, February 16th will be given a dividend of $0.12 per share on Friday, March 1st. This represents a $0.48 annualized dividend and a dividend yield of 0.33%. The ex-dividend date is Thursday, February 15th.
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 0.34%. The dividend payout ratio is 6.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ARCB will have a dividend payout ratio of 3.82% 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 variety of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.70%), Portman Square Capital LLP (0.00%), State of Alaska Department of Revenue (0.06%), Louisiana State Employees Retirement System (0.05%), Maryland State Retirement & Pension System (0.04%) and Oliver Luxxe Assets LLC (0.03%). Insiders that own company stock include Craig E Philip, Daniel E Loe, David R Cobb, Dennis L Anderson II, Erin K Gattis, James A Ingram, Janice E Stipp, John Matthew Beasley, Judy R Mcreynolds, Kathleen D Mcelligott, Lawrence Joseph Ellison, Michael E Newcity, Michael P Hogan, Michael R Johns, Seth Runser, Stephen E Gorman, Steven Spinner and Timothy D Thorne.
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 4/24/2024 by MarketBeat.com Staff

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