ArcBest Corporation (ARCB)

Market Cap	2.50B
Revenue (ttm)	4.27B
Net Income (ttm)	193.72M
Shares Out	23.40M
EPS (ttm)	8.07
PE Ratio	13.28
Forward PE	16.02
Dividend	$0.48 (0.45%)
Ex-Dividend Date	Nov 13, 2024

Volume	232,931
Open	106.73
Previous Close	107.71
Day's Range	104.77 - 108.18
52-Week Range	94.77 - 153.60
Beta	1.47
Analysts	Buy
Price Target	130.69 (+22.42%)
Earnings Date	Nov 1, 2024

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...

• Industry: Trucking
• Sector: Industrials
• Founded: 1923
• Employees: 15,000
• Stock Exchange: NASDAQ
• Ticker Symbol: ARCB
• Website: https://www.arcb.com

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%.

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 22.42% from the latest price.

Price Target

$130.69

(22.42% upside)

Analyst Consensus: Buy