ArcBest stock: buy or sell?

ARCB stock price: $29.11 -1.56% At close on August 22nd, 2019

Updated on:
August 22nd, 2019

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ArcBest shares slightly fell -1.56% to $29.11 today.

ArcBest Corporation provides freight transportation services and integrated logistics solutions worldwide. The company's 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.

Should I buy ArcBest stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Following a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with ArcBest stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is ArcBest stock a buy?

Financial institutions and banks publish stock ratings everyday. At Stocks2.com, we gathered 6 ratings published for ARCB stock in the last month.

Is ARCB a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-7-8Morgan Stanleyn/aHold
2019-7-2Mizuhon/aBuy
2019-7-11Citigroupn/aNeutral
2019-4-1Wolfe ResearchUnderperformMarket Perform
2019-3-12Bank of AmericaUnderperformUnderperform
2019-1-31Cowenn/aHold

ArcBest stock analysis

Daily outlook

ArcBest shares slightly fell -1.56% to $29.11 today.

ArcBest shares slightly fell -1.56% to $29.11 today. Since price and SMA100d lines crossed up on Monday, ARCB climbed $0.73 (2.57%).

ARCB stock chart (daily)

Weekly outlook

Shares of ArcBest ended this week at $29.11 and jumped a nice 2.57%. Late July ARCB climbed an astounding 5.77% in just one week.

Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $31.62 resistance. Far behind is the all-time high ArcBest marked by mid September 2018 and since then the price is -42.87% below that top. Since early November 2018, when ARCB stock price broke down the 40-weeks moving avarage line, it slid $-12.06 per share (-29.29%). Stocks below the 200 days moving average line are usually not recommended for average traders.

ARCB stock chart (weekly)

ArcBest stock price history

ArcBest IPO was on May 13th, 1992 at $10.49 per share1. Since then, ARCB stock grew a 177.50%, with an average of 6.60% per year. If you had invested $1,000 in ArcBest stock in 1992, it would worth $1,775.00 today.

1: Adjusted price after possible price splits or reverse-splits.

ArcBest stock historical price chart

ARCB stock reached all-time highs on September with a price of $50.95.

ArcBest stock price target is $35.60

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we found 5 price targets for ArcBest stock:
ARCB stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-7-8Morgan StanleySet Price Targetn/a$36.00-
2019-7-2MizuhoReiteratesn/a$38.00-
2019-7-11CitigroupLowers Target$34.00$28.00-17.6%
2019-3-12Bank of AmericaReiterates$45.00$34.00-24.4%
2019-1-31CowenReiteratesn/a$42.00-
(in average)$39.50$35.60-10.0%
The price target for ArcBest stock is $35.60, moving in a range between $42.00 and $28.00. In average, analysts' outlook on ARCB price forecast is negative, downgrading the prediction by a -10.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since May, when ArcBest posted its last earnings report, it gained a tiny 1.36%. Unfortunately, reported EPS is not yet available in our database.
ARCB earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a-0.28n/a
2017-Q2-n/a0.33n/a
2017-Q32017-11-030.580.591.7%
2017-Q42018-01-310.360.4216.7%
2018-Q12018-05-10-0.070.29n/a
2018-Q22018-07-310.991.1213.1%
2018-Q32018-11-011.11.4430.9%
2018-Q42019-01-300.921.019.8%
2019-Q12019-05-080.39n/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual turnover report draw a wonderful gain of 9.46% to $3,093.79 million USD. Nonetheless, its profit margin (compared to sales) stayed constant to 2.17%, that is $67.26 million.

ArcBest fiscal year ends in December, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, ArcBest TTM sales up to were $2,393.79 and income $57.31 M dollars. If we compare this TTM figures with the last reported annuality, we can review ArcBest business evolution since December 2018: Annual revenues up to , compared to lastest yearly report, collapsed a spooky -22.63%. In contrary, profit margin (net income/revenues) stayed steady at 2.17%.

ARCB annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$2,300 M-$15 M0.7%-
2014$2,613 M13.60%$46 M1.8%206.01%
2015$2,667 M2.08%$45 M1.7%-2.87%
2016$2,700 M1.25%$19 M0.7%-58.42%
2017$2,826 M4.68%$60 M2.1%220.21%
2018$3,094 M9.46%$67 M2.2%12.62%
TTM $2,394 M-22.63%$57 M2.4%-14.80%

Quarterly financial results

ArcBest posted million in sales for 2019-Q1, a -100.00% less compared to previous quarter. Reported quarter earnings marked million with a profit margin of . Profit margin stayed constant a 0.00% compared to previous quarter when profit margin was 1.98%. When comparing revenues to same quarter last year, ArcBest sales marked a frightening decrease and plunged a -100.00%. Looking back to recent quarterly results, ArcBest posted 2 positive quarters in a row.
ARCB quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$651 M-$-7 M-1.1%-
2017-Q2$720 M10.64%$16 M2.2%-311.73%
2017-Q3$744 M3.32%$15 M2.0%-5.87%
2017-Q4$711 M-4.51%$37 M5.1%147.28%
2018-Q1$700 M-1.51%$10 M1.4%-72.78%
2018-Q2$793 M13.34%$1 M0.2%-87.61%
2018-Q3$826 M4.14%$41 M4.9%3,207.06%
2018-Q4$774 M-6.28%$15 M2.0%-62.48%

ArcBest ownership

When you are planning to buy a company, it's worth to overview its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For ArcBest, 1.52% of all outstanding shares are owned by its staff.

Bearish positions for ARCB stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to ArcBest:

ARCBFDXFWRDJBHTODFL
Market cap$742.6 M$41.8 B$1.8 B$11.1 B$13.3 B
Total shares25.5 M264.4 M29.4 M108.7 M81.0 M
Float shares24.8 M240.4 M26.2 M84.4 M71.2 M
  - Institutional holdings (%)97.1%72.8%98.1%73.5%74.2%
  - Insider holdings (%)1.5%5.9%1.3%20.4%12.3%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

ArcBest summary

Thursday, August 22nd, 2019
Open$29.68
Close$29.11
Day range$28.73 - $29.76
Previous close$29.57
Session gain-1.56%
Average true range$1.10
50d mov avg$27.45
100d mov avg$28.44
200d mov avg$32.43
Daily pattern
Weekly pattern lb02a

ArcBest performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For ArcBest, the benchmark is made against FedEx, Forward Air, J.B. Hunt Transport Services, Old Dominion Freight Line, Saia, Universal Logistics and YRC Worldwide.
Stock3m6m12m
ARCBArcBest10.47%-21.15%-37.79%
FDXFedEx-0.76%-11.74%-34.61%
FWRDForward Air5.78%-7.77%-3.14%
JBHTJ.B. Hunt Transpo...14.49%-6.07%-16.85%
ODFLOld Dominion Frei...19.16%8.79%12.96%
SAIASaia31.08%21.76%8.92%
ULHUniversal Logisti...-0.35%-10.09%-44.28%
YRCWYRC Worldwide-50.74%-71.83%-75.88%

ArcBest competitors

We chose a few stocks to conform a list of ArcBest competitors to check if you are interested in investing in ARCB: