The ArcBest Corp (ARCB) share price is expected to increase by 8.55% over the next year. This is based on calculating the average 12-month share price estimate provided by 6 stock analysts who have covered ARCB. Price targets range from $115.00 at the low end to $205.00 at the high end. The current analyst consensus for ARCB is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
ArcBest Corp has a total of 6 Wall St Analyst ratings. There are 3 buy ratings, 2 ratings, and 1 sell ratings. Since most analysts have a buy consensus rating, the expectation is that ArcBest Corp will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
thomas wadewitz UBS | Hold | $150.0 | maintained | Feb 16, 2024 |
jack atkins Stephens | Buy | $205.0 | maintained | Feb 7, 2024 |
jordan alliger Goldman Sachs | Hold | $133.0 | maintained | Feb 6, 2024 |
amit mehrotra Deutsche Bank | Buy | $148.0 | maintained | Jan 28, 2024 |
ken hoexter Bank of America Securities | Sell | $115.0 | maintained | Jan 16, 2024 |
j. bruce chan Stifel Nicolaus | Buy | $153.0 | maintained | Jan 10, 2024 |
scott group Wolfe Research | Buy | $133.0 | maintained | Oct 30, 2023 |
stephanie moore Jefferies | Buy | $140.0 | maintained | Oct 30, 2023 |
jason seidl TD Cowen | Buy | $141.0 | reiterated | Oct 27, 2023 |
ravi shanker Morgan Stanley | Buy | $135.0 | maintained | Aug 1, 2023 |
ariel rosa Credit Suisse | Hold | $127.0 | downgraded | Jul 31, 2023 |
christian wetherbee Citi | Buy | $118.0 | maintained | Jun 29, 2023 |
stephanie benjamin Truist Financial | Buy | $100.0 | maintained | Oct 5, 2021 |
david ross Stifel Nicolaus | Buy | $37.0 | maintained | Aug 27, 2020 |
jeff kauffman Vertical Research | Buy | $30.0 | upgraded | Mar 3, 2020 |
brad delco Stephens | Hold | $42.0 | reiterated | Sep 6, 2018 |
justin cable Seaport Global | Hold | None | reiterated | Jan 17, 2018 |
todd fowler KeyBanc | Hold | None | reiterated | Nov 20, 2017 |
matthew brooklier Buckingham | Hold | $33.0 | maintained | Nov 6, 2017 |
michael baudendistel Stifel Nicolaus | Hold | $18.0 | reiterated | Jun 19, 2017 |
ArcBest Corporation provides freight transportation and integrated logistics services. It operates through three segments: Asset-Based, ArcBest, and FleetNet. The Asset-Based segment transports general commodities, such as food, textiles, apparel, furniture, appliances, chemicals, nonbulk petroleum products, rubber, plastics, metal and metal products, wood, glass, automotive parts, machinery, and miscellaneous manufactured products through less-than-truckload services. It also offers motor carrier freight transportation services to customers in Mexico through arrangements with trucking companies. The ArcBest segment provides expedite freight transportation services to commercial and government customers; premium logistics services, such as deployment of specialized equipment to meet linehaul requirements; and international freight transportation with air, ocean, and ground services. It also offers third-party transportation brokerage services by sourcing various capacity solutions, including dry van over-the-road, temperature-controlled and refrigerated, flatbed, intermodal or container shipping, and specialized equipment; full-container and less-than-container load ocean transportation services; warehousing and distribution services; managed transportation services; and moving services to ?do-it-yourself' consumer, as well as provides final mile, time critical, product launch, retail logistics, supply chain optimization, and trade show shipping services. The FleetNet segment provides roadside repair solutions and vehicle maintenance management services for commercial and private fleets through a network of third-party service providers. The company was formerly known as Arkansas Best Corporation and changed its name to ArcBest Corporation in May 2014. ArcBest Corporation was founded in 1923 and is headquartered in Fort Smith, Arkansas.
When did it IPO
0
Staff Count
15,000
Country
United States
Sector/Industry
Industrials/Trucking
CEO
Ms. Judy R. McReynolds
Market Cap
$3.27B
In 2023, ARCB generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that ARCB's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2019
Revenue From 2020
Revenue From 2021
Revenue From 2022
ACIW-USD
$30.56
ABCB-USD
$45.92
KRYS-USD
$111.77
LITE-USD
$49.77
NARI-USD
$58.44
NWL-USD
$7.67