ArcBest Corporation (ARCB)
NASDAQ: ARCB · Real-Time Price · USD
99.62
+0.43 (0.43%)
Sep 10, 2024, 9:39 AM EDT - Market open
ArcBest Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for ArcBest stock have an average target of 140, with a low estimate of 99 and a high estimate of 205. The average target predicts an increase of 40.53% from the current stock price of 99.62.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ArcBest stock from 11 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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 4 | 3 | 3 | 3 |
| Buy | 5 | 4 | 5 | 4 | 4 | 3 |
| Hold | 3 | 3 | 3 | 4 | 3 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 13 | 12 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $134 → $133 | Hold | Maintains | $134 → $133 | +33.51% | Sep 6, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $136 → $131 | Strong Buy | Maintains | $136 → $131 | +31.50% | Sep 5, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $130 | Buy | Reiterates | $130 | +30.50% | Sep 4, 2024 |
| Wells Fargo | Wells Fargo | Buy → Hold Downgrades $122 → $112 | Buy → Hold | Downgrades | $122 → $112 | +12.43% | Sep 4, 2024 |
| B of A Securities | B of A Securities | Sell Maintains $102 → $99 | Sell | Maintains | $102 → $99 | -0.62% | Sep 4, 2024 |
Financial Forecast
Revenue This Year
4.39B
from 4.43B
Decreased by -0.96%
Revenue Next Year
4.66B
from 4.39B
Increased by 6.27%
EPS This Year
7.37
from 7.93
Decreased by -7.07%
EPS Next Year
10.03
from 7.37
Increased by 36.09%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.6B | 5.0B | 5.3B |
| Avg | 4.4B | 4.7B | 5.0B |
| Low | 4.1B | 4.3B | 4.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.7% | 13.8% | 13.9% |
| Avg | -1.0% | 6.3% | 7.1% |
| Low | -6.4% | -1.6% | -0.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.40 | 12.74 | 14.50 |
| Avg | 7.37 | 10.03 | 12.50 |
| Low | 6.62 | 8.73 | 10.29 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.9% | 72.8% | 44.6% |
| Avg | -7.1% | 36.1% | 24.6% |
| Low | -16.6% | 18.5% | 2.6% |
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.