ArcBest Corporation (ARCB)
NASDAQ: ARCB · IEX Real-Time Price · USD
108.64
+1.82 (1.70%)
Jul 2, 2024, 4:00 PM EDT - Market closed
ArcBest Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for ArcBest stock have an average target of 147.55, with a low estimate of 110 and a high estimate of 205. The average target predicts an increase of 35.82% from the current stock price of 108.64.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ArcBest stock from 12 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 5 | 3 |
| Buy | 3 | 4 | 5 | 5 | 4 | 5 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 12 | 13 | 13 | 13 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Initiates $140 | Buy | Initiates | $140 | +28.87% | Jun 7, 2024 |
| Stifel | Stifel | Strong Buy Maintains $159 → $150 | Strong Buy | Maintains | $159 → $150 | +38.07% | May 15, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $177 → $148 | Strong Buy | Maintains | $177 → $148 | +36.23% | May 1, 2024 |
| B of A Securities | B of A Securities | Sell Maintains $143 → $110 | Sell | Maintains | $143 → $110 | +1.25% | May 1, 2024 |
| UBS | UBS | Hold Maintains $150 → $126 | Hold | Maintains | $150 → $126 | +15.98% | May 1, 2024 |
Financial Forecast
Revenue This Year
4.44B
from 4.43B
Increased by 0.33%
Revenue Next Year
4.78B
from 4.44B
Increased by 7.52%
EPS This Year
8.69
from 7.93
Increased by 9.57%
EPS Next Year
11.31
from 8.69
Increased by 30.21%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.7B | 5.1B | 5.4B |
| Avg | 4.4B | 4.8B | 5.0B |
| Low | 4.1B | 4.4B | 4.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.6% | 15.7% | 12.4% |
| Avg | 0.3% | 7.5% | 5.6% |
| Low | -6.5% | -1.4% | -1.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.13 | 13.00 | 14.93 |
| Avg | 8.69 | 11.31 | 14.09 |
| Low | 7.32 | 9.90 | 12.99 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 27.8% | 49.6% | 32.0% |
| Avg | 9.6% | 30.2% | 24.6% |
| Low | -7.7% | 13.9% | 14.8% |
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.