NASDAQ:ARCBArcBest Stock Price, Forecast & News

$22.25

-0.14 (-0.63 %)

(As of 06/2/2020 04:00 PM ET)

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Today's Range

$21.92

Now: $22.25▼

$22.73

50-Day Range

$17.27

MA: $20.17▼

$22.83

52-Week Range

$13.54

Now: $22.25▼

$32.46

Volume167,900 shs

Average Volume224,520 shs

Market Capitalization$562.08 million

P/E Ratio16.01

Dividend Yield1.44%

Beta1.59

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. It 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 linehaul requirements; and international freight transportation with air, ocean, and ground services. It 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.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
ArcBest has received a consensus rating of Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $29.00, ArcBest has a potential upside of 30.3% from its current price of $22.25.
Amount of Analyst Coverage
ArcBest has only been the subject of 4 research reports in the past 90 days.

1.7 Community Rank

Outperform Votes
ArcBest has received 344 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
ArcBest has received 650 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
ArcBest has received 65.39% “underperform” votes from our community.

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.

3.3 Dividend Strength

Dividend Leadership
ArcBest is a leading dividend payer. It pays a dividend yield of 1.44%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
ArcBest does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of ArcBest is 11.11 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, ArcBest will have a dividend payout ratio of 15.17 % next year. This indicates that ArcBest will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, ArcBest insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.88% of the stock of ArcBest is held by insiders.
Percentage Held by Institutions
88.53% of the stock of ArcBest is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for ArcBest are expected to grow by 129.35% in the coming year, from $0.92 to $2.11 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of ArcBest is 16.01, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.73.
Price to Earnings Ratio vs. Sector
The P/E ratio of ArcBest is 16.01, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 13.59.
Price to Earnings Growth Ratio
ArcBest has a PEG Ratio of 2.74. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
ArcBest has a P/B Ratio of 0.74. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.37 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Trucking, except local

Sub-IndustryN/A

SectorTransportation

Current SymbolNASDAQ:ARCB

Previous Symbol

CUSIPN/A

CIK894405

Webwww.arcb.com

Phone479-785-6000

Debt

Debt-to-Equity Ratio0.70

Current Ratio2.06

Quick Ratio2.06

Price-To-Earnings

Trailing P/E Ratio16.01

Forward P/E Ratio24.18

P/E Growth2.74

Sales & Book Value

Annual Sales$2.99 billion

Price / Sales0.19

Cash Flow$7.34 per share

Price / Cash Flow3.03

Book Value$29.92 per share

Price / Book0.74

Profitability

EPS (Most Recent Fiscal Year)$2.88

Net Income$39.99 million

Net Margins1.24%

Return on Equity10.01%

Return on Assets4.47%

Miscellaneous

Employees13,000

Outstanding Shares25,262,000

Market Cap$562.08 million

Next Earnings Date8/4/2020 (Estimated)

OptionableOptionable

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ArcBest (NASDAQ:ARCB) Frequently Asked Questions

How has ArcBest's stock been impacted by COVID-19 (Coronavirus)?

ArcBest's stock was trading at $18.45 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ARCB shares have increased by 20.6% and is now trading at $22.25. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of ArcBest?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ArcBest in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for ArcBest.

When is ArcBest's next earnings date?

ArcBest is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for ArcBest.

How were ArcBest's earnings last quarter?

ArcBest Corp (NASDAQ:ARCB) posted its earnings results on Tuesday, May, 5th. The transportation company reported $0.36 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.11) by $0.47. The transportation company had revenue of $701.40 million for the quarter, compared to analyst estimates of $706.77 million. ArcBest had a net margin of 1.24% and a return on equity of 10.01%. View ArcBest's earnings history.

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

ArcBest announced a quarterly dividend on Friday, May 1st. Investors of record on Friday, May 15th will be given a dividend of $0.08 per share on Friday, May 29th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.44%. The ex-dividend date of this dividend is Thursday, May 14th. View ArcBest's dividend history.

What price target have analysts set for ARCB?

8 equities research analysts have issued twelve-month price objectives for ArcBest's shares. Their forecasts range from $22.00 to $38.00. On average, they expect ArcBest's stock price to reach $29.00 in the next year. This suggests a possible upside of 30.3% from the stock's current price. View analysts' price targets for ArcBest.

Has ArcBest been receiving favorable news coverage?

News headlines about ARCB stock have been trending very negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. ArcBest earned a media sentiment score of -3.8 on InfoTrie's scale. They also assigned media headlines about the transportation company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View the latest news aboutArcBest.

Who are some of ArcBest's key competitors?

Some companies that are related to ArcBest include Heartland Express (HTLD), Marten Transport (MRTN), Universal Logistics (ULH), US Xpress Enterprises (USX), Covenant Transportation Group (CVTI), P.A.M. Transportation Services (PTSI), USA Truck (USAK), YRC Worldwide (YRCW) and Celadon Group (CGIP). View all competitors.

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), Energy Transfer LP Unit (ET), Netflix (NFLX), Delta Air Lines (DAL), Intel (INTC), Verizon Communications (VZ), American Airlines Group (AAL), Alibaba Group (BABA), Baidu (BIDU) and Caterpillar (CAT).

Who are ArcBest's key executives?

ArcBest's management team includes the following people:

Ms. Judy R. McReynolds, Chairman, Pres & CEO (Age 56)
Mr. David R. Cobb, VP & CFO (Age 53)
Mr. Michael E. Newcity, Sr. VP & Chief Innovation Officer (Age 49)
Mr. Timothy D. Thorne, Pres of ABF Freight (Age 57)
Mr. James A. Ingram, Chief Operating Officer of Asset-Light Logistics (Age 52)

What is ArcBest's stock symbol?

ArcBest trades on the NASDAQ under the ticker symbol "ARCB."

Who are ArcBest's major shareholders?

ArcBest's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.34%), JPMorgan Chase & Co. (6.34%), State Street Corp (3.86%), Nuveen Asset Management LLC (1.65%), Geode Capital Management LLC (1.63%) and Bank of New York Mellon Corp (1.41%). Company insiders that own ArcBest stock include Daniel E Loe, James David Darter and Michael R Johns. 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 BlackRock Inc., Acadian Asset Management LLC, AQR Capital Management LLC, Morgan Stanley, Public Sector Pension Investment Board, Bank of New York Mellon Corp, Wells Fargo & Company MN, and Nuveen Asset Management LLC. View insider buying and selling activity for ArcBest.

Which institutional investors are buying ArcBest stock?

ARCB stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Matarin Capital Management LLC, Deprince Race & Zollo Inc., State Street Corp, Mackenzie Financial Corp, Deutsche Bank AG, Foundry Partners LLC, and Aperio Group LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is ArcBest's stock price today?

One share of ARCB stock can currently be purchased for approximately $22.25.

How big of a company is ArcBest?

ArcBest has a market capitalization of $562.08 million and generates $2.99 billion in revenue each year. The transportation company earns $39.99 million in net income (profit) each year or $2.88 on an earnings per share basis. ArcBest employs 13,000 workers across the globe.

What is ArcBest's official website?

The official website for ArcBest is www.arcb.com.

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]

This page was last updated on 6/3/2020 by MarketBeat.com Staff