Arcbest Corp Stock Buy Hold or Sell Recommendation
| ARCB Stock | USD 102.79 0.12 0.12% |
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding ArcBest Corp is 'Sell'. Macroaxis provides ArcBest Corp buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ARCB positions. The advice algorithm takes into account all of ArcBest Corp's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting ArcBest Corp's buy or sell advice are summarized below:
Real Value 116.3 | Target Price 130.36 | Hype Value 103.55 | Market Value 102.79 | Naive Value 93.06 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell ArcBest Corp given historical horizon and risk tolerance towards ArcBest Corp. When Macroaxis issues a 'buy' or 'sell' recommendation for ArcBest Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
ArcBest |
Execute ArcBest Corp Buy or Sell Advice
The ArcBest recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ArcBest Corp. Macroaxis does not own or have any residual interests in ArcBest Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ArcBest Corp's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
ArcBest Corp Trading Alerts and Improvement Suggestions
| ArcBest Corp generated a negative expected return over the last 90 days | |
| ArcBest Corp has high historical volatility and very poor performance | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| On 24th of May 2024 ArcBest Corp paid $ 0.12 per share dividend to its current shareholders | |
| Latest headline from news.google.com: ArcBest Stock Price Up 4.4 percent - MarketBeat |
ArcBest Corp Returns Distribution Density
The distribution of ArcBest Corp's historical returns is an attempt to chart the uncertainty of ArcBest Corp's future price movements. The chart of the probability distribution of ArcBest Corp daily returns describes the distribution of returns around its average expected value. We use ArcBest Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ArcBest Corp returns is essential to provide solid investment advice for ArcBest Corp.
| Mean Return | -0.44 | Value At Risk | -6.2 | Potential Upside | 4.26 | Standard Deviation | 3.21 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ArcBest Corp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
ArcBest Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as ArcBest Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ArcBest Corp backward and forwards among themselves. ArcBest Corp's institutional investor refers to the entity that pools money to purchase ArcBest Corp's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | American Century Companies Inc | 2023-12-31 | 441.3 K | Macquarie Group Ltd | 2023-12-31 | 437.9 K | Goldman Sachs Group Inc | 2023-12-31 | 434.2 K | Arrowstreet Capital Limited Partnership | 2023-12-31 | 399.4 K | Nuveen Asset Management, Llc | 2023-12-31 | 397.6 K | Ameriprise Financial Inc | 2023-12-31 | 362.9 K | Charles Schwab Investment Management Inc | 2023-12-31 | 361 K | Jpmorgan Chase & Co | 2023-12-31 | 306.6 K | Cooper Creek Partners Management Llc | 2023-12-31 | 305.9 K | Blackrock Inc | 2023-12-31 | 3.8 M | Vanguard Group Inc | 2023-12-31 | 2.6 M |
ArcBest Corp Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (33.2M) | (1.2M) | (4.3M) | (1.5M) | (1.3M) | (1.4M) | |
| Change In Cash | 11.7M | 102.0M | (227.3M) | 81.8M | 103.9M | 109.0M | |
| Free Cash Flow | 67.9M | 148.5M | 245.0M | 305.3M | 90.2M | 59.6M | |
| Depreciation | 112.5M | 118.4M | 124.2M | 140.0M | 145.7M | 76.1M | |
| Other Non Cash Items | 31.0M | (229K) | (14.0M) | (5.1M) | (1.2M) | (1.1M) | |
| Capital Expenditures | 102.4M | 57.5M | 78.5M | 165.5M | 232.0M | 243.6M | |
| Net Income | 40.0M | 71.1M | 213.5M | 298.2M | 142.2M | 149.3M | |
| End Period Cash Flow | 201.9M | 304.0M | 76.6M | 158.4M | 262.2M | 275.3M | |
| Dividends Paid | 8.2M | 8.2M | 8.1M | 10.8M | (11.5M) | (11.0M) | |
| Investments | (9.3M) | 51.6M | (303.2M) | (261.1M) | (42.8M) | (44.9M) | |
| Change Receivables | 13.7M | (38.1M) | (122.8M) | (10.3M) | (9.3M) | (9.8M) | |
| Net Borrowings | (41.8M) | (94.6M) | (120.3M) | (35.9M) | (32.3M) | (34.0M) | |
| Change To Netincome | 45.9M | 20.2M | (10.1M) | 1.4M | 1.6M | 1.6M |
ArcBest Corp Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to ArcBest Corp or Ground Transportation sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that ArcBest Corp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a ArcBest stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.47 | |
β | Beta against NYSE Composite | 2.80 | |
σ | Overall volatility | 3.20 | |
Ir | Information ratio | -0.14 |
ArcBest Corp Volatility Alert
ArcBest Corp exhibits very low volatility with skewness of -1.26 and kurtosis of 4.58. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ArcBest Corp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact ArcBest Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.ArcBest Corp Fundamentals Vs Peers
Comparing ArcBest Corp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze ArcBest Corp's direct or indirect competition across all of the common fundamentals between ArcBest Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as ArcBest Corp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of ArcBest Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing ArcBest Corp by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ArcBest Corp to competition |
| Fundamentals | ArcBest Corp | Peer Average |
| Return On Equity | 0.0992 | -0.31 |
| Return On Asset | 0.049 | -0.14 |
| Profit Margin | 0.03 % | (1.27) % |
| Operating Margin | 0.03 % | (5.51) % |
| Current Valuation | 2.59 B | 16.62 B |
| Shares Outstanding | 23.43 M | 571.82 M |
| Shares Owned By Insiders | 0.91 % | 10.09 % |
| Shares Owned By Institutions | 99.09 % | 39.21 % |
| Number Of Shares Shorted | 1.34 M | 4.71 M |
| Price To Earning | 6.17 X | 28.72 X |
| Price To Book | 2.82 X | 9.51 X |
| Price To Sales | 0.79 X | 11.42 X |
| Revenue | 4.43 B | 9.43 B |
| Gross Profit | 554.65 M | 27.38 B |
| EBITDA | 172.62 M | 3.9 B |
| Net Income | 142.16 M | 570.98 M |
| Cash And Equivalents | 203.86 M | 2.7 B |
| Cash Per Share | 8.31 X | 5.01 X |
| Total Debt | 437.73 M | 5.32 B |
| Debt To Equity | 0.33 % | 48.70 % |
| Current Ratio | 1.25 X | 2.16 X |
| Book Value Per Share | 52.12 X | 1.93 K |
| Cash Flow From Operations | 322.17 M | 971.22 M |
| Short Ratio | 3.75 X | 4.00 X |
| Earnings Per Share | 4.90 X | 3.12 X |
| Price To Earnings To Growth | 3.00 X | 4.89 X |
| Target Price | 142.0 | |
| Number Of Employees | 15 K | 18.84 K |
| Beta | 1.56 | -0.15 |
| Market Capitalization | 2.41 B | 19.03 B |
| Total Asset | 2.49 B | 29.47 B |
| Retained Earnings | 1.27 B | 9.33 B |
| Working Capital | 183.22 M | 1.48 B |
Note: Disposition of tradable shares by Adkins Christopher A of ArcBest Corp at 117.99 subject to Rule 16b-3 [view details]
ArcBest Corp Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ArcBest . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 19792.55 | |||
| Daily Balance Of Power | (0.02) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 105.25 | |||
| Day Typical Price | 104.43 | |||
| Price Action Indicator | (2.52) | |||
| Period Momentum Indicator | (0.12) |
About ArcBest Corp Buy or Sell Advice
When is the right time to buy or sell ArcBest Corp? Buying financial instruments such as ArcBest Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 337.1M | 438.7M | 437.7M | 459.6M | Total Assets | 2.1B | 2.5B | 2.5B | 2.6B |
Use Investing Ideas to Build Portfolios
In addition to having ArcBest Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Financials Thematic Idea Now
Financials
Companies that provide financial services to business or retail customers. The Financials theme has 20 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Financials Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in ArcBest Stock
When determining whether ArcBest Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ArcBest Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Arcbest Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Arcbest Corp Stock:Check out ArcBest Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade ArcBest Stock refer to our How to Trade ArcBest Stock guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ArcBest Corp. If investors know ArcBest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ArcBest Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.354 | Dividend Share 0.48 | Earnings Share 4.9 | Revenue Per Share 182.815 | Quarterly Revenue Growth (0.06) |
The market value of ArcBest Corp is measured differently than its book value, which is the value of ArcBest that is recorded on the company's balance sheet. Investors also form their own opinion of ArcBest Corp's value that differs from its market value or its book value, called intrinsic value, which is ArcBest Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ArcBest Corp's market value can be influenced by many factors that don't directly affect ArcBest Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ArcBest Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ArcBest Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ArcBest Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.