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ArcBest Corporation (ARCB)
NASDAQ:ARCB
ArcBest (ARCB) Stock Price & Analysis
472 Followers
ARCB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$81.93 - $153.61
Previous Close$127.89
Volume988.58K
Average Volume (3M)338.32K
Market Cap
$3.01B
Enterprise Value$3.11B
Total Cash (Recent Filing)$330.07M
Total Debt (Recent Filing)$437.73M
Price to Earnings (P/E)11.9
Beta1.35
Next Earnings
Jul 30, 2024EPS Estimate
$2.48Next Dividend Ex-Date
May 09, 2024Dividend Yield0.35%
Share Statistics
EPS (TTM)5.12
Shares Outstanding23,520,701
10 Day Avg. Volume342,114
30 Day Avg. Volume338,325
Standard Deviation0.13
R-Squared0.35
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)4.54
Price to Sales (P/S)2.79
Price to Cash Flow (P/CF)5.90
P/FCF Ratio20.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.70
Enterprise Value/Gross Profit18.04
Enterprise Value/Ebitda9.23
Forecast
1Y Price Target
$165.11Price Target Upside48.87% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
ArcBest News
PremiumStock Analysis & Ideas
JPMorgan Suggest 3 LTL Stocks to Buy Amidst Industry Market Share Shift
PremiumCompany Announcements
ArcBest Reports Mixed First Quarter Financials
Bulls Say, Bears Say
Bulls Say
Earnings PerformanceARCB's adjusted earnings per share of $2.47 exceeded consensus estimates, showcasing the company's ability to surpass financial expectations.
Expansion PlansARCB's plan to add 347 net new doors in the upcoming year reflects a strong commitment to capacity expansion and market reach.
Revenue GrowthWith a strategic focus on core LTL/contract business, the company achieved a 6% increase in tonnage, underlining its growth momentum.
Bears Say
Financial PerformanceAsset-Light adj Operating ratio deteriorated year-year, remaining loss making for the second consecutive quarter.
Operational ChallengesJanuary tonnage slipped due to unusually harsh weather resulting in significant service center closures.
Volume TrendsThe first quarter volume picture has started off sub-optimal with January tonnage down significantly.
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Ownership Overview
10.77% Insiders
36.29% Mutual Funds
30.44% Other Institutional Investors
22.49% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ARCB FAQ
What was ArcBest Corporation’s price range in the past 12 months?
ArcBest Corporation lowest stock price was $81.93 and its highest was $153.60 in the past 12 months.
What is ArcBest Corporation’s market cap?
Currently, no data Available
When is ArcBest Corporation’s upcoming earnings report date?
ArcBest Corporation’s upcoming earnings report date is Jul 30, 2024 which is in 90 days.
How were ArcBest Corporation’s earnings last quarter?
ArcBest Corporation released its earnings results on Apr 30, 2024. The company reported $1.34 earnings per share for the quarter, missing the consensus estimate of $1.53 by -$0.19.
Is ArcBest Corporation overvalued?
According to Wall Street analysts ArcBest Corporation’s price is currently Undervalued.
Does ArcBest Corporation pay dividends?
ArcBest Corporation pays a Quarterly dividend of $0.12 which represents an annual dividend yield of 0.35%. See more information on ArcBest Corporation dividends here
What is ArcBest Corporation’s EPS estimate?
ArcBest Corporation’s EPS estimate is $2.48.
How many shares outstanding does ArcBest Corporation have?
ArcBest Corporation has 23,503,841 shares outstanding.
What happened to ArcBest Corporation’s price movement after its last earnings report?
ArcBest Corporation reported an EPS of $1.34 in its last earnings report, missing expectations of $1.53. Following the earnings report the stock price went down -14.322%.
Which hedge fund is a major shareholder of ArcBest Corporation?
Among the largest hedge funds holding ArcBest Corporation’s share is Driehaus Capital Management LLC. It holds ArcBest Corporation’s shares valued at 23M.
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ArcBest Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$165.11 (48.87% Upside)
$165.11 (48.87% Upside)
Blogger Sentiment
Bullish
ARCB Sentiment 66%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 101.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $283.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 2.3%
Last 30 Days ▲ 3.4%
Last 30 Days ▲ 3.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
37.72%
12-Months-Change
Fundamentals
Return on Equity
11.88%
Trailing 12-Months
Asset Growth
-0.37%
Trailing 12-Months
Company Description
ArcBest Corporation
ArcBest Corp. is a holding company which engages in the provision of freight transportation services and solutions. It operates through the following business segments: Asset-Based, ArcBest, and FleetNet. The Asset-Based segment includes national, inter-regional, and regional transportation of general commodities through standard, expedited, and guaranteed less-than-truckload services. The ArcBest segment refers to the operations of the company's expedite, truckload, and truckload-dedicated businesses as well as its premium logistics services; international freight transportation with air, ocean, and ground service offerings. The FleetNet segment covers the operations of FleetNet America, Inc., and certain other subsidiaries that provide roadside assistance and maintenance management services for commercial vehicles through a network of third-party service providers. The company was founded in 1966 and is headquartered in Fort Smith, AR.
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ARCB Company Deck
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ARCB Earnings Call
Q1 2024
0:00 / 0:00
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ARCB Stock 12 Months Forecast
Average Price Target
$165.11
▲(48.87% Upside)
Technical Analysis
Best Analysts Covering ARCB
1 Year
1 Year Success Rate
16/19 ratings generated profit
1 Year Average Return
+25.16%
reiterated a buy rating 3 months ago
Copying J. Bruce Chan's trades and holding each position for 1 Year would result in 84.21% of your transactions generating a profit, with an average return of +25.16% per trade.
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