NASDAQ:ARCB

ArcBest Stock Forecast, Price & News

$30.67

-0.93 (-2.94 %)

(As of 09/18/2020 12:00 AM ET)

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Today's Range

$30.47

Now: $30.67▼

$31.68

50-Day Range

$30.05

MA: $32.42▼

$34.81

52-Week Range

$13.54

Now: $30.67▼

$35.00

Volume574,419 shs

Average Volume221,244 shs

Market Capitalization$780.40 million

P/E Ratio28.40

Dividend Yield1.01%

Beta1.61

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^™

2.4 Analyst's Opinion

Consensus Rating
ArcBest has received a consensus rating of Buy. The company's average rating score is 2.70, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $32.44, ArcBest has a forecasted upside of 5.8% from its current price of $30.67.
Amount of Analyst Coverage
ArcBest has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.7 Community Rank

Outperform Votes
ArcBest has received 354 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
ArcBest has received 661 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
ArcBest has received 65.12% “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 1.01%, 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 11.81% 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 sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $562,299.00 in company stock.
Percentage Held by Insiders
Only 1.88% of the stock of ArcBest is held by insiders.
Percentage Held by Institutions
89.35% 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 27.83% in the coming year, from $2.12 to $2.71 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of ArcBest is 28.40, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.91.
Price to Earnings Ratio vs. Sector
The P/E ratio of ArcBest is 28.40, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 19.27.
Price to Earnings Growth Ratio
ArcBest has a PEG Ratio of 1.51. 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 1.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.59 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 Ratio0.61

Current Ratio2.05

Quick Ratio2.05

Price-To-Earnings

Trailing P/E Ratio28.40

Forward P/E Ratio14.47

P/E Growth1.51

Sales & Book Value

Annual Sales$2.99 billion

Price / Sales0.26

Cash Flow$7.13 per share

Price / Cash Flow4.30

Book Value$29.92 per share

Price / Book1.03

Profitability

EPS (Most Recent Fiscal Year)$2.88

Net Income$39.99 million

Net Margins1.01%

Return on Equity8.99%

Return on Assets3.92%

Miscellaneous

Employees13,000

Outstanding Shares25,445,000

Market Cap$780.40 million

Next Earnings Date10/29/2020 (Estimated)

OptionableOptionable

$30.67

-0.93 (-2.94 %)

(As of 09/18/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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ArcBest (NASDAQ:ARCB) Frequently Asked Questions

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

ArcBest's stock was trading at $18.45 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ARCB shares have increased by 66.2% and is now trading at $30.67.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of ArcBest?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ArcBest in the last year. There are currently 3 hold ratings and 7 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 Thursday, October 29th 2020.
View our earnings forecast for ArcBest.

How were ArcBest's earnings last quarter?

ArcBest Corp (NASDAQ:ARCB) announced its earnings results on Wednesday, July, 29th. The transportation company reported $0.67 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.00 by $0.67. The transportation company earned $627.37 million during the quarter, compared to analyst estimates of $638.73 million. ArcBest had a return on equity of 8.99% and a net margin of 1.01%.
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, July 24th. Stockholders of record on Friday, August 7th will be given a dividend of $0.08 per share on Friday, August 21st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date is Thursday, August 6th.
View ArcBest's dividend history.

What price target have analysts set for ARCB?

10 brokerages have issued 1 year price targets for ArcBest's shares. Their forecasts range from $25.00 to $43.00. On average, they expect ArcBest's share price to reach $32.44 in the next twelve months. This suggests a possible upside of 5.8% from the stock's current price.
View analysts' price targets for ArcBest.

Are investors shorting ArcBest?

ArcBest saw a increase in short interest during the month of August. As of August 14th, there was short interest totaling 989,100 shares, an increase of 8.4% from the July 30th total of 912,500 shares. Based on an average daily volume of 221,800 shares, the short-interest ratio is presently 4.5 days. Approximately 4.1% of the company's shares are sold short.
View ArcBest's Short Interest.

Who are some of ArcBest's key competitors?

Some companies that are related to ArcBest include Werner Enterprises (WERN), Heartland Express (HTLD), Marten Transport (MRTN), Universal Logistics (ULH), US Xpress Enterprises (USX), CovenantLogisticsGroupInc . (CVLG), P.A.M. Transportation Services (PTSI), Covenant Transportation Group (CVTI), YRC Worldwide (YRCW), USA Truck (USAK), Celadon Group (CGIP) and Celadon Group (CGIPQ).
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 LP Unit (ET), Pfizer (PFE), Delta Air Lines (DAL), Boeing (BA), American Airlines Group (AAL), Advanced Micro Devices (AMD), Caterpillar (CAT) and Southwest Airlines (LUV).

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 many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.61%), Goldman Sachs Group Inc. (2.12%), Charles Schwab Investment Management Inc. (1.84%), Nuveen Asset Management LLC (1.65%), Jacobs Levy Equity Management Inc. (1.38%) and Bank of New York Mellon Corp (1.31%). Company insiders that own ArcBest stock include Daniel E Loe, James A Ingram, James David Darter 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 Robeco Institutional Asset Management B.V., Charles Schwab Investment Management Inc., Vanguard Group Inc., AQR Capital Management LLC, Bank of New York Mellon Corp, Prudential Financial Inc., Two Sigma Advisers LP, and LSV Asset Management. 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 Goldman Sachs Group Inc., Grantham Mayo Van Otterloo & Co. LLC, Bank of Montreal Can, Schonfeld Strategic Advisors LLC, Russell Investments Group Ltd., Cubist Systematic Strategies LLC, Federated Hermes Inc., and Exchange Traded Concepts 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 $30.67.

How big of a company is ArcBest?

ArcBest has a market capitalization of $780.40 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 9/19/2020 by MarketBeat.com Staff

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