The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Arcbest Corp has an asset utilization ratio of 243.09 percent. This suggests that the company is making $2.43 for each dollar of assets. An increasing asset utilization means that Arcbest Corp is more efficient with each dollar of assets it utilizes for everyday operations.
What is the right price you would pay to acquire a share of ArcBest Corp? For most investors, it would be the price that gives them a wide margin of safety to have minimal downside risk. In other words, most investors are always looking for undervalued stocks. Even if the
future performance is not entirely as expected, the loss of holding it is minimized, and the downside risk is negated. Please read more on our
stock advisor page.
What is happening with ArcBest Corp this year
Annual and quarterly reports issued by ArcBest Corp are formal
financial statements that are published yearly and quarterly and sent to ArcBest stockholders. The reports show and break down the current year's ongoing operations and discuss plans for the upcoming year. Annual reports have been a requirement from the
Securities and Exchange Commission (SEC) for businesses owned by the public since 1934.
Companies such as ArcBest Corp often view their annual report as an effective marketing tool to disseminate their perspective on company
future earnings or innovations. With this in mind, many companies devote large sums of money to making their reports attractive and informative. In such instances, the annual report becomes a forum through which a company can communicate to the general public any number of topics that may or may not be directly related to the actual data published in the reports.
ArcBest Corp Gross Profit
ArcBest Corp Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing ArcBest Corp previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show ArcBest Corp Gross Profit growth over the last 10 years. Please check ArcBest Corp's
gross profit and other
fundamental indicators for more details.
Is ArcBest Corp valued fairly by the market?
Earning per share calculations of Arcbest Corp is based on official Zacks consensus of 6 analysts regarding Arcbest Corp's future annual earnings. Given the historical accuracy of 75.59%, the future earnings per share of the company is estimated to be 5.2243 with the lowest and highest values of 4.85 and 5.6, respectively. Please note that this consensus of annual earnings estimates for the firm is an estimate of EPS before non-recurring items and including employee stock options expenses.
Is Arcbest a risky opportunity?
Let's check the volatility. Arcbest is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind Arcbest (NASDAQ:ARCB) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. taking in a share of an Arcbest Corp stock makes you a part-owner of that company.
Arcbest Corp Current Consensus
Here is the current trade recommendation based on an ongoing consensus estimate among financial analysis covering Arcbest Corp. The Arcbest consensus assessment is calculated by taking the average estimates from all of the analysts covering Arcbest Corp
| Strong Buy | 7 | 77.78 |
| Buy | 1 | 11.11 |
| Hold | 1 | 11.11 |
| Sell | 0 | 0.0 |
| Strong Sell | 0 | 0.0 |
Arcbest Corp is projected to stay a bit over $60 in September
Mean deviation is down to 2.57. It may suggest a possible volatility slip.
As of the 1st of August, Arcbest Corp shows the
risk adjusted performance of
(0.046905), and Mean Deviation of 2.57. Arcbest Corp
technical analysis gives you the methodology to make use of
historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of
historical prices and volume momentum, or the prices will eventually revert. We were able to break down nineteen
technical drivers for Arcbest Corp, which can be compared to its rivals. Please confirm
Arcbest Corp mean deviation,
standard deviation,
treynor ratio, as well as the
relationship between the
downside deviation and
information ratio to decide if Arcbest Corp is priced correctly, providing market reflects its regular price of 59.11 per share. Given that Arcbest Corp has
jensen alpha of
(0.37), we suggest you to validate Arcbest Corp's prevailing market performance to make sure the company can sustain itself at a future point.
Our Final Take On Arcbest Corp
Whereas other companies in the trucking industry are either recovering or due for a correction, Arcbest may not be as strong as the others in terms of longer-term growth potentials. With an impartial outlook on the current market volatility, it may be better to hold off any inventment activity and neither buy nor exit any shares of Arcbest Corp at this time. The Arcbest Corp risk-reward trade off is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Arcbest Corp.
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of ArcBest Corp. Please refer to our
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