Analysts Set ArcBest Corporation (NASDAQ:ARCB) PT at $155.08

Shares of ArcBest Corporation (NASDAQ:ARCB) have been given an average recommendation of “Moderate Buy” by the fifteen ratings firms that are presently covering the stock, Marketbeat reports. Six research analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $154.0769.

Several equities research analysts have recently weighed in on ARCB shares. Morgan Stanley upped their price target on shares of ArcBest from $150.00 to $180.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Citigroup assumed coverage on shares of ArcBest in a research note on Wednesday, July 15th. They issued a “market outperform” rating for the company. Weiss Ratings lowered ArcBest from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, May 28th. Zacks Research raised ArcBest from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 30th. Finally, Stephens upgraded ArcBest to a “strong-buy” rating in a report on Wednesday, July 8th.

Institutional Trading of ArcBest

Several hedge funds have recently modified their holdings of ARCB. Allspring Global Investments Holdings LLC raised its stake in shares of ArcBest by 100.8% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 87,256 shares of the transportation company’s stock worth $6,734,000 after acquiring an additional 43,803 shares in the last quarter. Aberdeen Group plc acquired a new stake in ArcBest in the fourth quarter valued at approximately $7,240,000. Unison Advisors LLC acquired a new stake in ArcBest in the fourth quarter valued at approximately $780,000. Principal Financial Group Inc. grew its holdings in ArcBest by 349.9% in the fourth quarter. Principal Financial Group Inc. now owns 493,780 shares of the transportation company’s stock worth $36,634,000 after purchasing an additional 384,024 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in ArcBest by 19,008.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 122,292 shares of the transportation company’s stock worth $9,073,000 after purchasing an additional 121,652 shares during the last quarter. 99.27% of the stock is owned by hedge funds and other institutional investors.

Key ArcBest News

Here are the key news stories impacting ArcBest this week:

• Positive Sentiment: ArcBest reported second-quarter adjusted earnings of $2.38 per share, exceeding analyst expectations of approximately $2.26–$2.30 and rising from $1.36 a year earlier. Revenue increased 15.9% year over year to $1.18 billion, roughly in line with or slightly above estimates. ArcBest Q2 Earnings Beat Estimates, Revenues Rise Y/Y on Pricing Gains
• Positive Sentiment: Management cited pricing gains, stronger performance across segments and improved network efficiency as key drivers of the quarter, supporting investor confidence that profitability is improving despite a mixed freight environment. ARCB Q2 Earnings Call Highlights Cost Reset
• Positive Sentiment: The company expects its restructuring program to generate approximately $40 million in annualized cost savings once fully implemented by the first quarter of 2027. Technology investments and a simpler operating structure could provide additional efficiency benefits. ArcBest expects $40m annualized cost savings
• Neutral Sentiment: Reported quarterly revenue growth was strong, but several reports characterized sales as essentially in line with expectations, suggesting the earnings beat was driven more by margins and cost control than by a major revenue surprise. ArcBest: Q2 Earnings Snapshot
• Negative Sentiment: ArcBest posted a GAAP loss because of restructuring and reorganization charges. While these costs may be temporary, they reduce reported earnings and highlight execution risk during the business reset. Reorganization charge pushes ArcBest into red in Q2
• Negative Sentiment: Freight demand remains uneven, and ARCB’s elevated valuation leaves less room for disappointing results if pricing weakens or expected cost savings are delayed.

ArcBest Stock Up 0.4%

Shares of NASDAQ ARCB opened at $142.07 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.93 and a current ratio of 0.97. The stock has a 50 day moving average price of $148.51 and a 200 day moving average price of $119.42. The firm has a market capitalization of $3.16 billion, a price-to-earnings ratio of 205.90, a PEG ratio of 0.50 and a beta of 1.57. ArcBest has a 52-week low of $59.43 and a 52-week high of $176.69.

ArcBest (NASDAQ:ARCB) last released its quarterly earnings data on Wednesday, July 29th. The transportation company reported $2.38 earnings per share for the quarter, beating the consensus estimate of $2.26 by $0.12. The firm had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.17 billion. ArcBest had a return on equity of 7.92% and a net margin of 0.39%.The firm’s quarterly revenue was up 15.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.36 earnings per share. Sell-side analysts expect that ArcBest will post 6.62 earnings per share for the current year.

ArcBest Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Shareholders of record on Friday, August 7th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.3%. The ex-dividend date is Friday, August 7th. ArcBest’s payout ratio is 19.75%.

ArcBest Company Profile

ArcBest Corporation (NASDAQ: ARCB) is a transportation and logistics company that offers comprehensive freight and supply chain solutions across North America. Founded in 1923 as Arkansas Best Freight System, the company has evolved into a diversified service provider with both asset-based and asset-light operations. Its core businesses include less-than-truckload (LTL) shipping through ABF Freight, expedited full-truckload services via Panther Premium Logistics, and a range of logistics and supply chain management services under its ArcBest Integrated Logistics division.

The company’s asset-based operations also encompass FleetNet America, a provider of emergency roadside assistance and maintenance services for heavy-duty vehicles.