ArcBest Corporation (ARCB)

NASDAQ: ARCB · Real-Time Price · USD
94.13
-3.45 (-3.54%)
Dec 20, 2024, 4:00 PM EST - Market closed
-3.54%
Market Cap 2.20B
Revenue (ttm) 4.27B
Net Income (ttm) 193.72M
Shares Out 23.40M
EPS (ttm) 8.07
PE Ratio 11.71
Forward PE 13.97
Dividend $0.48 (0.51%)
Ex-Dividend Date Nov 13, 2024
Volume 604,421
Open 97.46
Previous Close 97.58
Day's Range 92.59 - 97.77
52-Week Range 92.59 - 153.60
Beta 1.49
Analysts Buy
Price Target 130.69 (+38.84%)
Earnings Date Feb 4, 2025

About ARCB

ArcBest Corporation, an integrated logistics company, engages in the provision of ground, air, and ocean transportation solutions. It operates through two segments: Asset-Based and Asset-Light. The Asset-Based segment provides less-than-truckload (LTL) services, that transports general commodities, such as food, textiles, apparel, furniture, appliances, chemicals, non-bulk petroleum products, rubber, plastics, metal and metal products, wood, glass, automotive parts, machinery, and miscellaneous manufactured products. The segment also offers mot... [Read more]

Industry Trucking
Sector Industrials
Founded 1923
Employees 15,000
Stock Exchange NASDAQ
Ticker Symbol ARCB
Full Company Profile

Financial Performance

In 2023, ArcBest's revenue was $4.43 billion, a decrease of -11.96% compared to the previous year's $5.03 billion. Earnings were $195.43 million, a decrease of -34.46%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for ARCB stock is "Buy." The 12-month stock price forecast is $130.69, which is an increase of 38.84% from the latest price.

Price Target
$130.69
(38.84% upside)
Analyst Consensus: Buy
Stock Forecasts

News

ArcBest Named to Fast Company's List of the Next Big Things in Tech

FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest has been named to Fast Company's annual Next Big Things in Tech list honoring groundbreaking advancements in technology.

4 weeks ago - Business Wire

ArcBest Corporation (ARCB) Q3 2024 Earnings Call Transcript

ArcBest Corporation (NASDAQ:ARCB) Q3 2024 Earnings Conference Call November 1, 2024 9:30 AM ET Company Participants Amy Mendenhall - Vice President, Treasury and Investor Relations Judy R. McReynolds...

7 weeks ago - Seeking Alpha

ArcBest Announces Third Quarter 2024 Results

FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today reported third quarter 2024 revenue of $1.06 billion, compared to $1.13 billion in third quarter 2...

7 weeks ago - Business Wire

ArcBest Declares a $0.12/Share Quarterly Dividend

FORT SMITH, Ark.--(BUSINESS WIRE)--The Board of Directors of ArcBest® (Nasdaq: ARCB) has declared a quarterly cash dividend of twelve cents ($0.12) per share to holders of record of its Common Stock, ...

7 weeks ago - Business Wire

ArcBest Announces Its Third Quarter 2024 Earnings Conference Call

FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB) will announce its third quarter 2024 financial results before the market opens on Friday, November 1, 2024. A conference call with company ex...

2 months ago - Business Wire

ArcBest Announces Retirement and Succession of Chief Innovation Officer and President of ArcBest Technologies

FORT SMITH, Ark.--(BUSINESS WIRE)--Michael Newcity, chief innovation officer and president of ArcBest Technologies, will retire in December 2024. Dennis Anderson will succeed Newcity.

3 months ago - Business Wire

These Analysts Revise Their Forecasts On ArcBest Following Q2 Results

ArcBest Corporation ARCB reported worse-than-expected second-quarter adjusted EPS results on Friday.

4 months ago - Benzinga

ArcBest Corporation (ARCB) Q2 2024 Earnings Call Transcript

ArcBest Corporation (NASDAQ:ARCB) Q2 2024 Earnings Conference Call August 2, 2024 9:30 AM ET Company Participants Amy Mendenhall - Vice President, Treasury and Investor Relations Judy McReynolds - Ch...

5 months ago - Seeking Alpha

ArcBest misses profit expectations, as soft rate environment weighed on revenue

ArcBest Corp. ARCB reported Friday second-quarter profit that missed expectations, as the transportation company saw lower revenue per shipment amid a soft rate environment. The stock was still untrad...

5 months ago - Market Watch

ArcBest Announces Second Quarter 2024 Results

FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today reported second quarter 2024 revenue from continuing operations of $1.08 billion, compared to $1.1...

5 months ago - Business Wire

ABF Freight President Seth Runser Appointed President of ArcBest

FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest announced today that Seth Runser will become president of ArcBest and Matt Godfrey will become president of ABF Freight, effective August 1.

5 months ago - Business Wire

ArcBest Announces Its Second Quarter 2024 Earnings Conference Call

FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB) will announce its second quarter 2024 financial results before the market opens on Friday, August 2, 2024. A conference call with company exe...

6 months ago - Business Wire

ArcBest Wins “Robotics Innovation of the Year” In 2024 SupplyTech Breakthrough Awards Program

Annual Awards Program Recognizes Innovation in the Global Supply Chain Technology and Logistics Industry Annual Awards Program Recognizes Innovation in the Global Supply Chain Technology and Logistics...

6 months ago - GlobeNewsWire

ArcBest Partners with Scholarship America to Offer Company's Inaugural Employee Dependent Scholarship Program

FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest announces employee dependent scholarship program through Scholarship America, investing in higher education for employees and their families.

7 months ago - Business Wire

ArcBest Corporation (ARCB) Q1 2024 Earnings Call Transcript

ArcBest Corporation (NASDAQ:ARCB) Q1 2024 Earnings Conference Call April 30, 2024 9:30 AM ET Company Participants David Humphrey - VP, IR Judy McReynolds - Chairman, President & CEO Matt Beasley - CF...

8 months ago - Seeking Alpha

ArcBest Announces First Quarter 2024 Results

FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today reported first quarter 2024 revenue from continuing operations of $1.0 billion, compared to $1.1 b...

8 months ago - Business Wire

ABF Freight Wins 2023 Excellence in Security Award for a Record Tenth Time

FORT SMITH, Ark.--(BUSINESS WIRE)--LTL carrier ABF Freight has won the 2023 ATA Excellence in Security award, demonstrating the company's position as an industry leader.

8 months ago - Business Wire

ArcBest Announces Its First Quarter 2024 Earnings Conference Call

FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB) will announce its first quarter 2024 financial results before the market opens on Tuesday, April 30, 2024. A conference call with company exe...

9 months ago - Business Wire

ArcBest Helps Bridge the Gap Between Robotics and Logistics Using NVIDIA Technology

FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest announced a collaboration with NVIDIA that uses the NVIDIA Isaac Perceptor to improve safety and efficiency in material-handling processes.

Other symbols: NVDA
9 months ago - Business Wire

ArcBest unveils new autonomous tool for freight efficiency and optimization

Judy McReynolds, ArcBest CEO, disucsses the Vaux Smart Autonomy and its impact on supply chain efficiencies.

11 months ago - CNBC Television

ArcBest Launches Vaux Smart Autonomy™ to Unlock Supply Chain Efficiencies

FORT SMITH, Ark.--(BUSINESS WIRE)--Vaux Smart Autonomy combines AMR forklifts and reach trucks with intelligent software and teleoperation capabilities to automate material handling.

11 months ago - Business Wire

ArcBest Corporation (ARCB) Q4 2023 Earnings Call Transcript

ArcBest Corporation (ARCB) Q4 2023 Earnings Call Transcript

11 months ago - Seeking Alpha

ArcBest Announces Fourth Quarter and Full Year 2023 Results

FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today reported fourth quarter 2023 revenue from continuing operations of $1.1 billion, compared to $1.2 ...

11 months ago - Business Wire

ArcBest Announces Its Fourth Quarter 2023 Earnings Conference Call

FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB) will announce its fourth quarter 2023 financial results before the market opens on Tuesday, February 6, 2024. A conference call with company ...

1 year ago - Business Wire

ArcBest: A Compelling Investment Based On Relative Valuation

ArcBest has a long history and has undergone a significant business transformation over the past decade. The company has successfully shifted its strategy to become an integrated logistics provider, e...

1 year ago - Seeking Alpha