ArcBest Corporation (ARCB)
NASDAQ: ARCB · Real-Time Price · USD
109.43
-1.78 (-1.60%)
Dec 3, 2024, 12:19 PM EST - Market open
ArcBest Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for ArcBest stock have an average target of 130.69, with a low estimate of 99 and a high estimate of 205. The average target predicts an increase of 19.43% from the current stock price of 109.43.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ArcBest stock from 14 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 3 | 3 | 3 | 3 | 3 |
| Buy | 5 | 4 | 4 | 3 | 3 | 3 |
| Hold | 3 | 4 | 3 | 4 | 7 | 7 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 12 | 11 | 11 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $110 → $127 | Hold | Maintains | $110 → $127 | +16.06% | Nov 12, 2024 |
| UBS | UBS | Hold Maintains $111 → $110 | Hold | Maintains | $111 → $110 | +0.52% | Nov 4, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $130 → $117 | Hold | Maintains | $130 → $117 | +6.92% | Nov 4, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $112 → $105 | Hold | Maintains | $112 → $105 | -4.05% | Nov 4, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $175 → $170 | Buy | Maintains | $175 → $170 | +55.35% | Nov 4, 2024 |
Financial Forecast
Revenue This Year
4.27B
from 4.43B
Decreased by -3.49%
Revenue Next Year
4.45B
from 4.27B
Increased by 4.21%
EPS This Year
6.08
from 7.93
Decreased by -23.30%
EPS Next Year
8.01
from 6.08
Increased by 31.67%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.4B | 4.7B | 5.1B |
| Avg | 4.3B | 4.5B | 4.8B |
| Low | 4.1B | 4.1B | 4.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.1% | 10.3% | 14.2% |
| Avg | -3.5% | 4.2% | 7.9% |
| Low | -7.7% | -3.3% | -0.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.60 | 11.37 | 13.51 |
| Avg | 6.08 | 8.01 | 10.88 |
| Low | 4.44 | 6.13 | 9.56 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -16.9% | 86.9% | 68.7% |
| Avg | -23.3% | 31.7% | 35.8% |
| Low | -44.0% | 0.7% | 19.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.