ArcBest (ARCB) Receives a Rating Update from a Top Analyst
TipRanks (Fri, 13-Dec 12:25 PM ET)
Wells Fargo Reaffirms Their Hold Rating on ArcBest (ARCB)
TipRanks (Fri, 13-Dec 7:37 AM ET)
ArcBest Named to Fast Company's List of the Next Big Things in Tech
Business Wire (Thu, 21-Nov 10:10 AM ET)
ArcBest Announces Third Quarter 2024 Results
Business Wire (Fri, 1-Nov 6:00 AM ET)
ArcBest Declares a $0.12/Share Quarterly Dividend
Business Wire (Wed, 30-Oct 12:36 PM ET)
ArcBest's Moving Service, U-Pack, Has Partnered with Affirm to Offer Flexible Financing Options
Business Wire (Thu, 10-Oct 9:30 AM ET)
ArcBest Announces Its Third Quarter 2024 Earnings Conference Call
Business Wire (Tue, 1-Oct 11:47 AM ET)
Business Wire (Thu, 26-Sep 9:10 AM ET)
ArcBest Corp is engaged in logistics operations. The company operates in two operating segments, The Asset-Based segment includes the results of operations of ABF Freight System, Inc. and certain other subsidiaries. The segment operations include national, inter-regional, and regional transportation of general commodities through standard, expedited, and guaranteed LTL services. The services including freight transportation related to managed transportation solutions and other services. The Asset-Light segment includes the results of operations of the Company's service offerings in truckload, ground expedite, dedicated, intermodal, household goods moving, managed transportation, warehousing and distribution, and international freight transportation for air, ocean, and ground.
Arcbest trades on the NASDAQ stock market under the symbol ARCB.
As of December 16, 2024, ARCB stock price declined to $108.31 with 22,298 million shares trading.
ARCB has a beta of 1.67, meaning it tends to be more sensitive to market movements. ARCB has a correlation of 0.28 to the broad based SPY ETF.
ARCB has a market cap of $2.53 billion. This is considered a Mid Cap stock.
Last quarter Arcbest reported $1 billion in Revenue and $1.64 earnings per share. This fell short of revenue expectation by $-7 million and missed earnings estimates by -$.19.
In the last 3 years, ARCB traded as high as $153.61 and as low as $65.16.
The top ETF exchange traded funds that ARCB belongs to (by Net Assets): IJR, VTI, IWM, VB, AVUV.
ARCB has underperformed the market in the last year with a price return of -0.9% while the SPY ETF gained +30.3%. ARCB has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +4.4% and -6.0%, respectively, while the SPY returned +8.1% and +0.6%, respectively.
ARCB support price is $106.16 and resistance is $110.99 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ARCB shares will trade within this expected range on the day.