Arcbest Corp Stock Market Capitalization

ARCB Stock  USD 137.00  8.95  6.13%   
ArcBest Corp fundamentals help investors to digest information that contributes to ArcBest Corp's financial success or failures. It also enables traders to predict the movement of ArcBest Stock. The fundamental analysis module provides a way to measure ArcBest Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ArcBest Corp stock.
Last ReportedProjected for Next Year
Market Cap2.9 BB
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

ArcBest Corp Company Market Capitalization Analysis

ArcBest Corp's Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

Market Cap

 = 

Shares Outstanding

X

Share Price

More About Market Capitalization | All Equity Analysis

Current ArcBest Corp Market Capitalization

    
  3.43 B  
Most of ArcBest Corp's fundamental indicators, such as Market Capitalization, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ArcBest Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

ArcBest Market Capitalization Driver Correlations

Understanding the fundamental principles of building solid financial models for ArcBest Corp is extremely important. It helps to project a fair market value of ArcBest Stock properly, considering its historical fundamentals such as Market Capitalization. Since ArcBest Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ArcBest Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ArcBest Corp's interrelated accounts and indicators.
0.990.520.980.90.780.80.780.920.260.820.690.33-0.80.83-0.250.280.730.680.860.48-0.950.770.780.910.540.76
0.990.390.980.850.720.750.760.890.150.750.750.25-0.810.78-0.180.180.70.670.870.48-0.920.740.730.880.530.76
0.520.390.470.610.560.60.330.580.720.76-0.030.57-0.280.59-0.510.660.490.430.410.26-0.590.540.580.590.250.4
0.980.980.470.830.680.710.680.90.220.840.610.18-0.680.75-0.160.220.730.560.860.41-0.870.690.690.930.490.84
0.90.850.610.830.920.870.810.750.480.820.640.34-0.760.82-0.280.320.590.580.650.45-0.930.670.720.80.310.57
0.780.720.560.680.920.960.910.620.550.680.680.45-0.760.9-0.290.340.620.610.630.49-0.840.640.760.730.250.26
0.80.750.60.710.870.960.940.710.50.670.660.56-0.780.97-0.320.440.780.710.760.48-0.860.730.850.810.430.27
0.780.760.330.680.810.910.940.650.260.480.810.48-0.860.91-0.170.330.750.720.750.51-0.820.70.80.730.50.2
0.920.890.580.90.750.620.710.650.180.740.540.37-0.70.77-0.250.290.790.650.870.48-0.870.80.750.880.660.75
0.260.150.720.220.480.550.50.260.180.64-0.080.29-0.010.4-0.680.370.210.130.190.16-0.340.180.260.36-0.180.09
0.820.750.760.840.820.680.670.480.740.640.240.17-0.380.66-0.360.360.580.360.640.3-0.750.530.570.850.20.77
0.690.75-0.030.610.640.680.660.810.54-0.080.240.27-0.910.67-0.07-0.120.40.670.630.47-0.710.60.560.470.330.23
0.330.250.570.180.340.450.560.480.370.290.170.27-0.570.58-0.560.610.420.840.460.37-0.540.710.680.250.52-0.09
-0.8-0.81-0.28-0.68-0.76-0.76-0.78-0.86-0.7-0.01-0.38-0.91-0.57-0.80.2-0.15-0.54-0.86-0.72-0.560.88-0.8-0.79-0.58-0.53-0.32
0.830.780.590.750.820.90.970.910.770.40.660.670.58-0.8-0.270.360.820.780.850.51-0.860.780.910.820.460.33
-0.25-0.18-0.51-0.16-0.28-0.29-0.32-0.17-0.25-0.68-0.36-0.07-0.560.2-0.27-0.3-0.14-0.45-0.32-0.30.4-0.35-0.28-0.19-0.18-0.09
0.280.180.660.220.320.340.440.330.290.370.36-0.120.61-0.150.36-0.30.530.380.260.15-0.360.380.470.440.560.1
0.730.70.490.730.590.620.780.750.790.210.580.40.42-0.540.82-0.140.530.590.860.4-0.680.670.80.890.730.42
0.680.670.430.560.580.610.710.720.650.130.360.670.84-0.860.78-0.450.380.590.780.54-0.80.890.810.520.620.23
0.860.870.410.860.650.630.760.750.870.190.640.630.46-0.720.85-0.320.260.860.780.52-0.820.820.80.850.640.56
0.480.480.260.410.450.490.480.510.480.160.30.470.37-0.560.51-0.30.150.40.540.52-0.550.580.50.390.340.19
-0.95-0.92-0.59-0.87-0.93-0.84-0.86-0.82-0.87-0.34-0.75-0.71-0.540.88-0.860.4-0.36-0.68-0.8-0.82-0.55-0.84-0.85-0.82-0.56-0.61
0.770.740.540.690.670.640.730.70.80.180.530.60.71-0.80.78-0.350.380.670.890.820.58-0.840.750.640.60.42
0.780.730.580.690.720.760.850.80.750.260.570.560.68-0.790.91-0.280.470.80.810.80.5-0.850.750.760.650.36
0.910.880.590.930.80.730.810.730.880.360.850.470.25-0.580.82-0.190.440.890.520.850.39-0.820.640.760.570.71
0.540.530.250.490.310.250.430.50.66-0.180.20.330.52-0.530.46-0.180.560.730.620.640.34-0.560.60.650.570.36
0.760.760.40.840.570.260.270.20.750.090.770.23-0.09-0.320.33-0.090.10.420.230.560.19-0.610.420.360.710.36
Click cells to compare fundamentals

ArcBest Market Capitalization Historical Pattern

Today, most investors in ArcBest Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ArcBest Corp's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's market capitalization growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of ArcBest Corp market capitalization as a starting point in their analysis.
   ArcBest Corp Market Capitalization   
       Timeline  
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Competition

ArcBest Long Term Debt To Capitalization

Long Term Debt To Capitalization

0.11

At present, ArcBest Corp's Long Term Debt To Capitalization is projected to slightly decrease based on the last few years of reporting.
Based on the recorded statements, the market capitalization of ArcBest Corp is about 3.43 B. This is 40.18% lower than that of the Ground Transportation sector and 17.35% higher than that of the Industrials industry. The market capitalization for all United States stocks is 81.97% higher than that of the company.

ArcBest Market Capitalization Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ArcBest Corp's direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ArcBest Corp could also be used in its relative valuation, which is a method of valuing ArcBest Corp by comparing valuation metrics of similar companies.
ArcBest Corp is currently under evaluation in market capitalization category among related companies.

ArcBest Corp Current Valuation Drivers

We derive many important indicators used in calculating different scores of ArcBest Corp from analyzing ArcBest Corp's financial statements. These drivers represent accounts that assess ArcBest Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of ArcBest Corp's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap704.8M1.1B3.1B1.7B2.9B3.0B
Enterprise Value898.9M1.2B3.3B2.0B3.1B3.2B

ArcBest Fundamentals

About ArcBest Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ArcBest Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ArcBest Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ArcBest Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with ArcBest Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ArcBest Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ArcBest Corp will appreciate offsetting losses from the drop in the long position's value.

Moving against ArcBest Stock

  0.57ATSG Air Transport Services Financial Report 2nd of May 2024 PairCorr
  0.56HA Hawaiian HoldingsPairCorr
  0.51SRFM Surf Air MobilityPairCorr
  0.48AZUL Azul SA Financial Report 20th of May 2024 PairCorr
  0.44ALGT Allegiant Travel Earnings Call This WeekPairCorr
The ability to find closely correlated positions to ArcBest Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ArcBest Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ArcBest Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ArcBest Corp to buy it.
The correlation of ArcBest Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ArcBest Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ArcBest Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ArcBest Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 ArcBest Corp Piotroski F Score and ArcBest Corp Altman Z Score analysis.
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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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.
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Equity Valuation
Check real value of public entities based on technical and fundamental data
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
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.