Arcbest Corp Stock Performance
| ARCB Stock | USD 149.19 2.56 1.69% |
On a scale of 0 to 100, ArcBest Corp holds a performance score of 13. The firm shows a Beta (market volatility) of -0.56, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ArcBest Corp are expected to decrease at a much lower rate. During the bear market, ArcBest Corp is likely to outperform the market. Please check ArcBest Corp's mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and total risk alpha , to make a quick decision on whether ArcBest Corp's price patterns will revert.
Risk-Adjusted Performance
13 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in ArcBest Corp are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. Despite somewhat conflicting fundamental indicators, ArcBest Corp sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 0.51 | Five Day Return 0.6 | Year To Date Return 23.86 | Ten Year Return 302.44 | All Time Return 971.07 |
Forward Dividend Yield 0.0032 | Payout Ratio 0.0608 | Forward Dividend Rate 0.48 | Dividend Date 2024-03-01 | Ex Dividend Date 2024-02-15 |
1 | ArcBest Corp earnings beat by 0.26, revenue topped estimates | 02/06/2024 |
| ArcBest Corp dividend paid on 1st of March 2024 | 03/01/2024 |
2 | Strength Seen in ArcBest Can Its 6.0 percent Jump Turn into More Strength | 03/08/2024 |
3 | JPMorgan Starts ArcBest Corp at Overweight | 03/11/2024 |
4 | Zacks Industry Outlook Highlights J.B. Hunt Transport, ArcBest and Covenant Logistics. | 03/15/2024 |
5 | ArcBest Helps Bridge the Gap Between Robotics and Logistics Using NVIDIA Technology | 03/18/2024 |
6 | ArcBest to utilize Nvidia technology in autonomous forklifts and robotics | 03/19/2024 |
7 | Wellington Management Group LLP Makes New 10.56 Million Investment in ArcBest Co. - MarketBeat | 03/25/2024 |
8 | ArcBest Announces Its First Quarter 2024 Earnings Conference Call | 04/05/2024 |
9 | Teamsters End Union Representation of LA TruckingFirm | 04/10/2024 |
| Begin Period Cash Flow | 158.4 M |
ArcBest |
ArcBest Corp Relative Risk vs. Return Landscape
If you would invest 11,527 in ArcBest Corp on January 17, 2024 and sell it today you would earn a total of 3,392 from holding ArcBest Corp or generate 29.43% return on investment over 90 days. ArcBest Corp is currently generating 0.4484% in daily expected returns and assumes 2.5447% risk (volatility on return distribution) over the 90 days horizon. In different words, 22% of stocks are less volatile than ArcBest, and 92% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
ArcBest Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ArcBest Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ArcBest Corp, and traders can use it to determine the average amount a ArcBest Corp's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1762
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Estimated Market Risk
| 2.54 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.45 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average ArcBest Corp is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ArcBest Corp by adding it to a well-diversified portfolio.
ArcBest Corp Fundamentals Growth
ArcBest Stock prices reflect investors' perceptions of the future prospects and financial health of ArcBest Corp, and ArcBest Corp fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ArcBest Stock performance.
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0488 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.08 % | ||||
| Current Valuation | 3.63 B | ||||
| Shares Outstanding | 23.5 M | ||||
| Price To Earning | 6.17 X | ||||
| Price To Book | 2.82 X | ||||
| Price To Sales | 0.79 X | ||||
| Revenue | 4.43 B | ||||
| Gross Profit | 554.65 M | ||||
| EBITDA | 172.62 M | ||||
| Net Income | 142.16 M | ||||
| Cash And Equivalents | 203.86 M | ||||
| Cash Per Share | 8.31 X | ||||
| Total Debt | 437.73 M | ||||
| Debt To Equity | 0.33 % | ||||
| Current Ratio | 1.25 X | ||||
| Book Value Per Share | 52.72 X | ||||
| Cash Flow From Operations | 322.17 M | ||||
| Earnings Per Share | 5.77 X | ||||
| Market Capitalization | 3.52 B | ||||
| Total Asset | 2.49 B | ||||
| Retained Earnings | 1.27 B | ||||
| Working Capital | 183.22 M | ||||
| Current Asset | 552.08 M | ||||
| Current Liabilities | 364.6 M | ||||
About ArcBest Corp Performance
To evaluate ArcBest Corp Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when ArcBest Corp generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare ArcBest Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand ArcBest Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents ArcBest's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 3.56 | 3.38 | |
| Return On Tangible Assets | 0.07 | 0.07 | |
| Return On Capital Employed | 0.1 | 0.11 | |
| Return On Assets | 0.06 | 0.06 | |
| Return On Equity | 0.11 | 0.06 |
Things to note about ArcBest Corp performance evaluation
Checking the ongoing alerts about ArcBest Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ArcBest Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| On 1st of March 2024 ArcBest Corp paid $ 0.12 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Teamsters End Union Representation of LA TruckingFirm |
- Analyzing ArcBest Corp's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether ArcBest Corp's stock is overvalued or undervalued compared to its peers.
- Examining ArcBest Corp's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating ArcBest Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ArcBest Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ArcBest Corp's stock. These opinions can provide insight into ArcBest Corp's potential for growth and whether the stock is currently undervalued or overvalued.
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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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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.