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
SymbolNASDAQ:ARCB
CUSIPN/A
Phone479-785-6000
Debt
Debt-to-Equity Ratio0.30
Current Ratio1.31
Quick Ratio1.31
Price-To-Earnings
Trailing P/E Ratio34.10
Forward P/E Ratio14.14
P/E Growth0.36
Sales & Book Value
Annual Sales$2.83 billion
Price / Sales0.42
Cash Flow$5.2704 per share
Price / Cash8.69
Book Value$25.41 per share
Price / Book1.80
Profitability
EPS (Most Recent Fiscal Year)$1.33
Net Income$59.72 million
Net Margins2.12%
Return on Equity9.88%
Return on Assets4.67%
Miscellaneous
Employees13,000
Outstanding Shares25,680,000
Market Cap$1.21 billion
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 Monday, July 30th. Investors of record on Friday, August 10th will be paid a dividend of $0.08 per share on Friday, August 24th. This represents a $0.32 annualized dividend and a yield of 0.70%. The ex-dividend date of this dividend is Thursday, August 9th. View ArcBest's Dividend History.
How were ArcBest's earnings last quarter?
ArcBest Corp (NASDAQ:ARCB) posted its earnings results on Tuesday, July, 31st. The transportation company reported $1.12 earnings per share for the quarter, topping analysts' consensus estimates of $0.99 by $0.13. The transportation company had revenue of $793.35 million for the quarter, compared to analysts' expectations of $786.86 million. ArcBest had a return on equity of 9.88% and a net margin of 2.12%. View ArcBest's Earnings History.
When is ArcBest's next earnings date?
What price target have analysts set for ARCB?
8 brokers have issued 1 year target prices for ArcBest's shares. Their forecasts range from $32.00 to $50.00. On average, they anticipate ArcBest's share price to reach $42.7143 in the next year. This suggests that the stock has a possible downside of 6.5%. View Analyst Price Targets for ArcBest.
What is the consensus analysts' recommendation for ArcBest?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ArcBest in the last year. There are currently 8 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for ArcBest.
Who are some of ArcBest's key competitors?
Some companies that are related to ArcBest include Schneider National (SNDR), Landstar System (LSTR), Werner Enterprises (WERN), Saia (SAIA), Heartland Express (HTLD), Marten Transport (MRTN), Universal Logistics (ULH), Covenant Transportation Group (CVTI), P.A.M. Transportation Services (PTSI), YRC Worldwide (YRCW), USA Truck (USAK), 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)
Has ArcBest been receiving favorable news coverage?
Press coverage about ARCB stock has trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. ArcBest earned a coverage optimism score of 0.09 on Accern's scale. They also gave media coverage about the transportation company an impact score of 46.62 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future. View Recent Headlines for ArcBest.
Who are ArcBest's major shareholders?
ArcBest's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.87%), Dimensional Fund Advisors LP (8.39%), Bank of New York Mellon Corp (2.05%), Acadian Asset Management LLC (1.75%), Schwab Charles Investment Management Inc. (1.29%) and Millennium Management LLC (1.25%). Company insiders that own ArcBest stock include Daniel E Loe, James A Ingram, James David Darter, Janice E Stipp, John W Alden, Michael E Newcity, Michael R Johns, Steven Carrol Leonard, Steven Spinner, Walter J Echols and William Legg. View Institutional Ownership Trends for ArcBest.
Which institutional investors are selling ArcBest stock?
ARCB stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Mackay Shields LLC, Smith Graham & Co. Investment Advisors LP, Eagle Boston Investment Management Inc., Aristotle Capital Boston LLC, Renaissance Technologies LLC, Alambic Investment Management L.P. and Bank of Montreal Can. Company insiders that have sold ArcBest company stock in the last year include Janice E Stipp, Michael E Newcity, Michael R Johns, Steven Carrol Leonard, Steven Spinner and William Legg. View Insider Buying and Selling for ArcBest.
Which institutional investors are buying ArcBest stock?
ARCB stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, BlackRock Inc., Chicago Equity Partners LLC, LSV Asset Management, Acadian Asset Management LLC, American Century Companies Inc., Bank of America Corp DE and BNP Paribas Arbitrage SA. 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 $45.70.
How big of a company is ArcBest?
ArcBest has a market capitalization of $1.21 billion 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.
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.
