Arcbest Corp Stock Today
| ARCB Stock | USD 149.95 0.76 0.51% |
Performance13 of 100
| Odds Of DistressLess than 3
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ArcBest Corp is trading at 149.95 as of the 16th of April 2024, a 0.51 percent up since the beginning of the trading day. The stock's open price was 149.19. ArcBest Corp has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for ArcBest Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of April 2022 and ending today, the 16th of April 2024. Click here to learn more.
Business Domain Transportation | IPO Date 13th of May 1992 | Category Industrials |
ArcBest Corporation provides freight transportation and integrated logistics services. ArcBest Corporation was founded in 1923 and is headquartered in Fort Smith, Arkansas. Arcbest Corp operates under Trucking classification in the United States and is traded on NASDAQ Exchange. The company has 23.5 M outstanding shares of which 1.42 M shares are presently shorted by private and institutional investors with about 4.14 trading days to cover. More on ArcBest Corp
Moving together with ArcBest Stock
| 0.74 | CP | Canadian Pacific Railway Financial Report 24th of April 2024 | PairCorr |
| 0.67 | ALK | Alaska Air Group Earnings Call This Week | PairCorr |
Moving against ArcBest Stock
| 0.63 | HTLD | Heartland Express Financial Report 25th of April 2024 | PairCorr |
| 0.59 | VLRS | Volaris Financial Report 22nd of April 2024 | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 26th of April 2024
ArcBest Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ArcBest Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ArcBest Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Robert Young | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Ground Transportation, Transportation, Industrials, SP Small-Cap 600, NASDAQ Composite, Industrials, Ground Transportation, Trucking, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering ArcBest Corp report their recommendations after researching ArcBest Corp's financial statements, talking to executives and customers, or listening in on ArcBest Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering ArcBest Corp. The ArcBest consensus assessment is calculated by taking the average forecast from all of the analysts covering ArcBest Corp. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of ArcBest Corp's profitability, liquidity, and operating efficiency, ArcBest Corp is doing better financially then in previous quarter. It has a moderate risk of reporting better financial numbers in May. Financial strength of ArcBest Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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ArcBest Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to ArcBest Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand ArcBest Corp's financial leverage. It provides some insight into what part of ArcBest Corp's total assets is financed by creditors.
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ArcBest Corp (ARCB) is traded on NASDAQ Exchange in USA. It is located in 8401 McClure Drive, Fort Smith, AR, United States, 72916 and employs 15,000 people. ArcBest Corp is listed under Ground Transportation category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.51 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ArcBest Corp's market, we take the total number of its shares issued and multiply it by ArcBest Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. ArcBest Corp conducts business under Ground Transportation sector and is part of Industrials industry. The entity has 23.5 M outstanding shares of which 1.42 M shares are presently shorted by private and institutional investors with about 4.14 trading days to cover.
ArcBest Corp currently holds about 203.86 M in cash with 322.17 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.31.
Check ArcBest Corp Probability Of Bankruptcy
Ownership AllocationArcBest Corp retains a total of 23.5 Million outstanding shares. The majority of ArcBest Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in ArcBest Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in ArcBest Corp. Please pay attention to any change in the institutional holdings of ArcBest Corp as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check ArcBest Ownership Details
ArcBest Stock Price Odds Analysis
What are ArcBest Corp's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of ArcBest Corp jumping above the current price in 90 days from now is about 7.16%. The ArcBest Corp probability density function shows the probability of ArcBest Corp stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.1452. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, ArcBest Corp will likely underperform. Additionally, arcBest Corp has an alpha of 0.2359, implying that it can generate a 0.24 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of ArcBest Corp to move above the current price in 90 days from now is about 7.16 (This ArcBest Corp probability density function shows the probability of ArcBest Stock to fall within a particular range of prices over 90 days) .
ArcBest Stock Institutional Holders
Institutional Holdings refers to the ownership stake in ArcBest Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ArcBest Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing ArcBest Corp's value.| Instituion | Recorded On | Shares | |
| American Century Companies Inc | 2023-12-31 | 441.3 K | |
| Macquarie Group Ltd | 2023-12-31 | 437.9 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 434.2 K | |
| Arrowstreet Capital Limited Partnership | 2023-12-31 | 399.4 K | |
| Nuveen Asset Management, Llc | 2023-12-31 | 397.6 K | |
| Ameriprise Financial Inc | 2023-12-31 | 362.9 K | |
| Jacobs Levy Equity Management, Inc. | 2023-09-30 | 362.3 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 361 K | |
| Victory Capital Management Inc. | 2023-12-31 | 322.6 K | |
| Blackrock Inc | 2023-12-31 | 3.8 M | |
| Vanguard Group Inc | 2023-12-31 | 2.6 M |
ArcBest Corp Historical Income Statement
ArcBest Corp Income Statement is one of the three primary financial statements used for reporting ArcBest's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of ArcBest Corp revenue and expense. ArcBest Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, ArcBest Corp's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 4.6 B, whereas Depreciation And Amortization is forecasted to decline to about 76 M. View More FundamentalsArcBest Stock Against Markets
Picking the right benchmark for ArcBest Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ArcBest Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ArcBest Corp is critical whether you are bullish or bearish towards ArcBest Corp at a given time. Please also check how ArcBest Corp's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in ArcBest Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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ArcBest Corp Corporate Directors
ArcBest Corp corporate directors refer to members of an ArcBest Corp board of directors. The board of directors generally takes responsibility for the ArcBest Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of ArcBest Corp's board members must vote for the resolution. The ArcBest Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Fred Allardyce | Independent Director | Profile | |
| John Morris | Independent Director | Profile | |
| Stephen Gorman | Director | Profile | |
| Kathleen McElligott | Director | Profile |
How to buy ArcBest Stock?
Before investing in ArcBest Corp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ArcBest Corp. To buy ArcBest Corp stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of ArcBest Corp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase ArcBest Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located ArcBest Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased ArcBest Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as ArcBest Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy ArcBest Stock please use our How to Invest in ArcBest Corp guide.
Already Invested in ArcBest Corp?
The danger of trading ArcBest Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ArcBest Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ArcBest Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ArcBest Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether ArcBest Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ArcBest Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Arcbest Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Arcbest Corp Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ArcBest Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade ArcBest Stock refer to our How to Trade ArcBest Stock guide.Note that the ArcBest Corp information on this page should be used as a complementary analysis to other ArcBest Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for ArcBest Stock analysis
When running ArcBest Corp's price analysis, check to measure ArcBest Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ArcBest Corp is operating at the current time. Most of ArcBest Corp's value examination focuses on studying past and present price action to predict the probability of ArcBest Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ArcBest Corp's price. Additionally, you may evaluate how the addition of ArcBest Corp to your portfolios can decrease your overall portfolio volatility.
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Is ArcBest Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ArcBest Corp. If investors know ArcBest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ArcBest Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.354 | Dividend Share 0.48 | Earnings Share 5.77 | Revenue Per Share 184.332 | Quarterly Revenue Growth (0.06) |
The market value of ArcBest Corp is measured differently than its book value, which is the value of ArcBest that is recorded on the company's balance sheet. Investors also form their own opinion of ArcBest Corp's value that differs from its market value or its book value, called intrinsic value, which is ArcBest Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ArcBest Corp's market value can be influenced by many factors that don't directly affect ArcBest Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ArcBest Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ArcBest Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ArcBest Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.