ArcBest Corporation (ARCB)
NASDAQ: ARCB · IEX Real-Time Price · USD
138.08
+1.08 (0.79%)
Apr 25, 2024, 4:00 PM EDT - Market closed
ArcBest Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for ArcBest stock have an average target of 147.33, with a low estimate of 108 and a high estimate of 205. The average target predicts an increase of 6.70% from the current stock price of 138.08.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ArcBest stock from 13 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 4 | 4 | 4 |
| Buy | 3 | 3 | 3 | 4 | 5 | 5 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 11 | 12 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Sell Maintains $141 → $143 | Sell | Maintains | $141 → $143 | +3.56% | Apr 15, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $133 → $149 | Hold | Maintains | $133 → $149 | +7.91% | Apr 11, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $168 → $164 | Buy | Maintains | $168 → $164 | +18.77% | Apr 9, 2024 |
| JP Morgan | JP Morgan | Buy Initiates $168 | Buy | Initiates | $168 | +21.67% | Mar 11, 2024 |
| UBS | UBS | Hold Maintains $119 → $150 | Hold | Maintains | $119 → $150 | +8.63% | Feb 16, 2024 |
Financial Forecast
Revenue This Year
4.62B
from 4.43B
Increased by 4.39%
Revenue Next Year
4.95B
from 4.62B
Increased by 7.16%
EPS This Year
10.37
from 7.93
Increased by 30.78%
EPS Next Year
12.92
from 10.37
Increased by 24.60%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.9B | 5.3B | 5.5B |
| Avg | 4.6B | 5.0B | 5.3B |
| Low | 4.3B | 4.6B | 5.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.8% | 14.6% | 10.3% |
| Avg | 4.4% | 7.2% | 7.1% |
| Low | -2.2% | -0.2% | 2.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.18 | 14.33 | 15.42 |
| Avg | 10.37 | 12.92 | 14.98 |
| Low | 9.60 | 11.86 | 14.40 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 41.0% | 38.2% | 19.4% |
| Avg | 30.8% | 24.6% | 16.0% |
| Low | 21.1% | 14.3% | 11.4% |
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.