ArcBest (ARCB) – Research Analysts’ Weekly Ratings Changes

ArcBest (NASDAQ: ARCB) recently received a number of ratings updates from brokerages and research firms:

• 2/3/2025 – ArcBest had its price target lowered by analysts at Morgan Stanley from $160.00 to $145.00. They now have an “overweight” rating on the stock.
• 2/3/2025 – ArcBest had its price target lowered by analysts at UBS Group AG from $110.00 to $100.00. They now have a “neutral” rating on the stock.
• 2/3/2025 – ArcBest had its price target lowered by analysts at Wells Fargo & Company from $105.00 to $96.00. They now have an “equal weight” rating on the stock.
• 1/23/2025 – ArcBest had its price target raised by analysts at Stifel Nicolaus from $109.00 to $125.00. They now have a “buy” rating on the stock.
• 1/15/2025 – ArcBest had its price target lowered by analysts at Stifel Nicolaus from $114.00 to $109.00. They now have a “buy” rating on the stock.
• 1/7/2025 – ArcBest had its price target lowered by analysts at Wells Fargo & Company from $115.00 to $105.00. They now have an “equal weight” rating on the stock.

ArcBest Stock Performance

NASDAQ ARCB opened at $91.48 on Wednesday. The business has a 50 day moving average price of $98.93 and a 200 day moving average price of $104.55. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.01 and a quick ratio of 1.04. The company has a market capitalization of $2.14 billion, a P/E ratio of 12.48, a PEG ratio of 1.87 and a beta of 1.51. ArcBest Co. has a 1-year low of $90.25 and a 1-year high of $153.60.

ArcBest (NASDAQ:ARCB) last issued its quarterly earnings data on Friday, January 31st. The transportation company reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.22. ArcBest had a return on equity of 11.79% and a net margin of 4.16%. During the same quarter in the prior year, the company posted $2.47 earnings per share. Sell-side analysts expect that ArcBest Co. will post 7 EPS for the current fiscal year.

ArcBest Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 25th. Investors of record on Tuesday, February 11th will be issued a $0.12 dividend. The ex-dividend date is Tuesday, February 11th. This represents a $0.48 annualized dividend and a yield of 0.52%. ArcBest’s payout ratio is 6.55%.

Insider Buying and Selling at ArcBest

In other ArcBest news, Director Craig E. Philip sold 3,900 shares of the firm’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $109.91, for a total transaction of $428,649.00. Following the completion of the transaction, the director now directly owns 23,250 shares of the company’s stock, valued at $2,555,407.50. This trade represents a 14.36 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.65% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On ArcBest

Several institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. increased its position in shares of ArcBest by 47.2% during the 4th quarter. JPMorgan Chase & Co. now owns 326,006 shares of the transportation company’s stock valued at $30,423,000 after purchasing an additional 104,499 shares during the period. American Century Companies Inc. lifted its holdings in shares of ArcBest by 16.3% in the fourth quarter. American Century Companies Inc. now owns 618,919 shares of the transportation company’s stock valued at $57,758,000 after purchasing an additional 86,867 shares in the last quarter. Norges Bank acquired a new stake in shares of ArcBest in the fourth quarter worth $5,826,000. Barclays PLC raised its position in ArcBest by 342.5% during the third quarter. Barclays PLC now owns 43,134 shares of the transportation company’s stock valued at $4,678,000 after buying an additional 33,386 shares during the period. Finally, Partners Group Holding AG lifted its stake in ArcBest by 51.5% in the 3rd quarter. Partners Group Holding AG now owns 87,842 shares of the transportation company’s stock worth $9,526,000 after acquiring an additional 29,849 shares in the last quarter. Institutional investors own 99.27% of the company’s stock.

ArcBest Corporation, an integrated logistics company, engages in the provision of ground, air, and ocean transportation solutions. It operates through two segments: Asset-Based and Asset-Light. The Asset-Based segment provides less-than-truckload (LTL) services, that transports general commodities, such as food, textiles, apparel, furniture, appliances, chemicals, non-bulk petroleum products, rubber, plastics, metal and metal products, wood, glass, automotive parts, machinery, and miscellaneous manufactured products.