NASDAQ:ARCB

ArcBest Stock Forecast, Price & News

$42.59

+4.48 (+11.76 %)

(As of 11/24/2020 12:00 AM ET)

Add

Compare

Today's Range

$39.50

Now: $42.59▼

$42.79

50-Day Range

$29.99

MA: $34.55▼

$38.60

52-Week Range

$13.54

Now: $42.59▼

$42.79

Volume338,769 shs

Average Volume214,427 shs

Market Capitalization$1.08 billion

P/E Ratio27.13

Dividend Yield0.84%

Beta1.67

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 Â'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^™

2.4 Analyst's Opinion

Consensus Rating
ArcBest has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 9 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $37.08, ArcBest has a forecasted downside of 12.9% from its current price of $42.59.
Amount of Analyst Coverage
ArcBest has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.7 Community Rank

Outperform Votes
ArcBest has received 357 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
ArcBest has received 669 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
ArcBest has received 65.20% “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.

1.7 Dividend Strength

Dividend Yield
ArcBest has a dividend yield of 0.84%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
ArcBest has only been increasing its dividend for 1 years.
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 9.17% next year. This indicates that ArcBest will be able to sustain or increase its dividend.

1.7 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
81.46% of the stock of ArcBest is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for ArcBest are expected to grow by 14.43% in the coming year, from $3.05 to $3.49 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of ArcBest is 27.13, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 21.56.
Price to Earnings Ratio vs. Sector
The P/E ratio of ArcBest is 27.13, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 20.41.
Price to Earnings Growth Ratio
ArcBest has a PEG Ratio of 1.27. 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 1.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.73 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

Employees13,000

Debt

Debt-to-Equity Ratio0.28

Current Ratio1.47

Quick Ratio1.47

Price-To-Earnings

Trailing P/E Ratio27.13

Forward P/E Ratio13.96

P/E Growth1.27

Sales & Book Value

Annual Sales$2.99 billion

Price / Sales0.36

Cash Flow$8.32 per share

Price / Cash Flow5.12

Book Value$31.59 per share

Price / Book1.35

Profitability

EPS (Most Recent Fiscal Year)$2.88

Net Income$39.99 million

Net Margins1.47%

Return on Equity9.58%

Return on Assets4.18%

Miscellaneous

Outstanding Shares25,408,000

Market Cap$1.08 billion

Next Earnings Date2/4/2021 (Estimated)

OptionableOptionable

$42.59

+4.48 (+11.76 %)

(As of 11/24/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

Receive ARCB News and Ratings via Email

Sign-up to receive the latest news and ratings for ARCB and its competitors with MarketBeat's FREE daily newsletter.

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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ARCB stock has increased by 130.8% and is now trading at $42.59.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of ArcBest?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ArcBest in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for ArcBest.

What stocks does MarketBeat like better than ArcBest?

Wall Street analysts have given ArcBest a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but ArcBest wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is ArcBest's next earnings date?

ArcBest is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for ArcBest.

How were ArcBest's earnings last quarter?

ArcBest Co. (NASDAQ:ARCB) released its quarterly earnings results on Sunday, November, 8th. The transportation company reported $1.22 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.79 by $0.43. ArcBest had a return on equity of 9.58% and a net margin of 1.47%.
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, October 30th. Shareholders of record on Friday, November 13th will be paid a dividend of $0.08 per share on Friday, November 27th. This represents a $0.32 annualized dividend and a dividend yield of 0.75%. The ex-dividend date of this dividend is Thursday, November 12th.
View ArcBest's dividend history.

What price target have analysts set for ARCB?

12 brokers have issued twelve-month price objectives for ArcBest's shares. Their forecasts range from $25.00 to $47.00. On average, they anticipate ArcBest's stock price to reach $37.08 in the next twelve months. This suggests that the stock has a possible downside of 12.9%.
View analysts' price targets for ArcBest.

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), Marten Transport (MRTN), Universal Logistics (ULH), U.S. Xpress Enterprises (USX), YRC Worldwide (YRCW), Covenant Logistics Group (CVLG), P.A.M. Transportation Services (PTSI), USA Truck (USAK), Celadon Group (CGIPQ), Celadon Group (CGIP) and Smart Move (SMVE).
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), Intel (INTC), Energy Transfer (ET), Pfizer (PFE), Delta Air Lines (DAL), The Boeing (BA), American Airlines Group (AAL), Advanced Micro Devices (AMD), Southwest Airlines (LUV) and Valero Energy (VLO).

Who are ArcBest's key executives?

ArcBest's management team includes the following people:

Ms. Judy R. McReynolds, Chairman, Pres & CEO (Age 57, Pay $1.64M)
Mr. David R. Cobb, VP & CFO (Age 54, Pay $793k)
Mr. Michael E. Newcity, Sr. VP & Chief Innovation Officer (Age 50, Pay $703.2k)
Mr. Timothy D. Thorne, Pres of ABF Freight (Age 58, Pay $860.9k)
Mr. James A. Ingram, Chief Operating Officer of Asset-Light Logistics (Age 53, Pay $703.62k)
Ms. Traci L. Sowersby, VP, Controller & Chief Accounting Officer (Age 50)
Mr. R. David Humphrey, VP of Investor Relations (Age 61)
Mr. Michael R. Johns, VP, Gen. Counsel & Corp. Sec. (Age 61)
Mr. Steven Leonard, Chief Sales & Customer Engagement Officer (Age 45)
Ms. Erin K. Gattis, Chief HR Officer (Age 46)

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 investors include BlackRock Inc. (14.82%), JPMorgan Chase & Co. (5.25%), State Street Corp (3.98%), Charles Schwab Investment Management Inc. (1.77%), Royce & Associates LP (1.40%) and Wells Fargo & Company MN (1.05%). Company insiders that own ArcBest stock include James A Ingram and Michael R Johns.
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 JPMorgan Chase & Co., AQR Capital Management LLC, BlackRock Inc., Royce & Associates LP, Acadian Asset Management LLC, Mackay Shields LLC, Charles Schwab Investment Management Inc., and Aigen Investment Management LP. Company insiders that have sold ArcBest company stock in the last year include James A Ingram, and Michael R Johns.
View insider buying and selling activity for ArcBest.

Which major investors are buying ArcBest stock?

ARCB stock was purchased by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Wells Fargo & Company MN, Dean Investment Associates LLC, Teacher Retirement System of Texas, Jackson Creek Investment Advisors LLC, Sei Investments Co., Cubist Systematic Strategies LLC, and AJO LP.
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 $42.59.

How big of a company is ArcBest?

ArcBest has a market capitalization of $1.08 billion 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 11/24/2020 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

Get Started with MarketBeat

	Read Your Daily Newsletter
	Check Out My MarketBeat
	Watch Our Tutorial Videos
	Add a Stock to Your Watchlist
	Set Up an Instant Alert
	View a Company's Profile Page
	View Our Financial Calendars
	View Today's Analyst Ratings