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ARCB

ArcBest NasdaqGS:ARCB Stock Report

Last Price

US$72.20

Market Cap

US$1.8b

7D

5.7%

1Y

24.9%

Updated

27 Jun, 2022

Data

Company Financials +
ARCB fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance6/6
Financial Health6/6
Dividends0/6

ARCB Stock Overview

ArcBest Corporation provides freight transportation and integrated logistics services.

ArcBest Competitors

Price History & Performance

Summary of all time highs, changes and price drops for ArcBest
Historical stock prices
Current Share PriceUS$72.20
52 Week HighUS$125.00
52 Week LowUS$52.86
Beta1.58
1 Month Change-4.72%
3 Month Change-19.56%
1 Year Change24.94%
3 Year Change159.62%
5 Year Change238.17%
Change since IPO415.71%

Recent News & Updates

Jun 21
ArcBest (NASDAQ:ARCB) Has A Rock Solid Balance Sheet

ArcBest (NASDAQ:ARCB) Has A Rock Solid Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Jun 06
With EPS Growth And More, ArcBest (NASDAQ:ARCB) Is Interesting

With EPS Growth And More, ArcBest (NASDAQ:ARCB) Is Interesting

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Shareholder Returns

ARCBUS TransportationUS Market
7D5.7%5.9%6.6%
1Y24.9%-27.6%-18.4%

Return vs Industry: ARCB exceeded the US Transportation industry which returned -27.6% over the past year.

Return vs Market: ARCB exceeded the US Market which returned -18.4% over the past year.

Price Volatility

Is ARCB's price volatile compared to industry and market?
ARCB volatility
ARCB Average Weekly Movement8.9%
Transportation Industry Average Movement9.1%
Market Average Movement8.1%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.2%

Stable Share Price: ARCB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: ARCB's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
192314,000Judy McReynoldshttps://www.arcb.com

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.

ArcBest Fundamentals Summary

How do ArcBest's earnings and revenue compare to its market cap?
ARCB fundamental statistics
Market CapUS$1.75b
Earnings (TTM)US$259.73m
Revenue (TTM)US$4.49b

6.8x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ARCB income statement (TTM)
RevenueUS$4.49b
Cost of RevenueUS$4.03b
Gross ProfitUS$454.58m
Other ExpensesUS$194.85m
EarningsUS$259.73m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)10.61
Gross Margin10.13%
Net Profit Margin5.79%
Debt/Equity Ratio26.3%

How did ARCB perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

3%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is ARCB undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ARCB?

Other financial metrics that can be useful for relative valuation.

ARCB key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.5x
Enterprise Value/EBITDA4.3x
PEG Ratio-0.9x

Price to Earnings Ratio vs Peers

How does ARCB's PE Ratio compare to its peers?

ARCB PE Ratio vs Peers
The above table shows the PE ratio for ARCB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average10.8x
MRTN Marten Transport
14.6x4.4%US$1.4b
WERN Werner Enterprises
9.3x-8.1%US$2.5b
HTLD Heartland Express
13.4x-8.9%US$1.1b
R Ryder System
5.7x-13.1%US$3.6b
ARCB ArcBest
6.7x-7.3%US$1.8b

Price-To-Earnings vs Peers: ARCB is good value based on its Price-To-Earnings Ratio (6.7x) compared to the peer average (10.8x).


Price to Earnings Ratio vs Industry

How does ARCB's PE Ratio compare vs other companies in the US Transportation Industry?

Price-To-Earnings vs Industry: ARCB is good value based on its Price-To-Earnings Ratio (6.7x) compared to the US Transportation industry average (9.4x)


Price to Earnings Ratio vs Fair Ratio

What is ARCB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ARCB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.8x
Fair PE Ratio7.8x

Price-To-Earnings vs Fair Ratio: ARCB is good value based on its Price-To-Earnings Ratio (6.7x) compared to the estimated Fair Price-To-Earnings Ratio (7.8x).


Share Price vs Fair Value

What is the Fair Price of ARCB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ARCB ($71.48) is trading below our estimate of fair value ($179.4)

Significantly Below Fair Value: ARCB is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: ARCB's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


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Future Growth

How is ArcBest forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-7.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ARCB's earnings are forecast to decline over the next 3 years (-7.3% per year).

Earnings vs Market: ARCB's earnings are forecast to decline over the next 3 years (-7.3% per year).

High Growth Earnings: ARCB's earnings are forecast to decline over the next 3 years.

Revenue vs Market: ARCB's revenue (3.4% per year) is forecast to grow slower than the US market (8.4% per year).

High Growth Revenue: ARCB's revenue (3.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ARCB's Return on Equity is forecast to be high in 3 years time (23.4%)


Discover growth companies

Past Performance

How has ArcBest performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


35.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ARCB has high quality earnings.

Growing Profit Margin: ARCB's current net profit margins (5.8%) are higher than last year (3%).


Past Earnings Growth Analysis

Earnings Trend: ARCB's earnings have grown significantly by 35.6% per year over the past 5 years.

Accelerating Growth: ARCB's earnings growth over the past year (180.6%) exceeds its 5-year average (35.6% per year).

Earnings vs Industry: ARCB earnings growth over the past year (180.6%) exceeded the Transportation industry 83.9%.


Return on Equity

High ROE: ARCB's Return on Equity (26.4%) is considered high.


Discover strong past performing companies

Financial Health

How is ArcBest's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ARCB's short term assets ($860.6M) exceed its short term liabilities ($740.1M).

Long Term Liabilities: ARCB's short term assets ($860.6M) exceed its long term liabilities ($486.4M).


Debt to Equity History and Analysis

Debt Level: ARCB's net debt to equity ratio (16%) is considered satisfactory.

Reducing Debt: ARCB's debt to equity ratio has reduced from 38.5% to 26.3% over the past 5 years.

Debt Coverage: ARCB's debt is well covered by operating cash flow (111.9%).

Interest Coverage: ARCB's interest payments on its debt are well covered by EBIT (45.8x coverage).


Balance Sheet


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Dividend

What is ArcBest current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.66%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ARCB's dividend (0.67%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.57%).

High Dividend: ARCB's dividend (0.67%) is low compared to the top 25% of dividend payers in the US market (4.24%).


Stability and Growth of Payments

Stable Dividend: ARCB is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: ARCB is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: ARCB is not paying a notable dividend for the US market.


Cash Payout to Shareholders

Cash Flow Coverage: ARCB is not paying a notable dividend for the US market.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

7.3yrs

Average management tenure


CEO

Judy McReynolds (58 yo)

12.42yrs

Tenure

US$6,006,289

Compensation

Ms. Judy R. McReynolds serves as the President and Chief Executive Officer of ArcBest Corporation since January 1, 2010 and as its Chairman of the Board since April 26, 2016. Ms. McReynolds joined ArcBest...


CEO Compensation Analysis

Compensation vs Market: Judy's total compensation ($USD6.01M) is about average for companies of similar size in the US market ($USD5.47M).

Compensation vs Earnings: Judy's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: ARCB's management team is seasoned and experienced (7.3 years average tenure).


Board Members

Experienced Board: ARCB's board of directors are considered experienced (6.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

ArcBest Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: ArcBest Corporation
  • Ticker: ARCB
  • Exchange: NasdaqGS
  • Founded: 1923
  • Industry: Trucking
  • Sector: Transportation
  • Implied Market Cap: US$1.750b
  • Shares outstanding: 24.48m
  • Website: https://www.arcb.com

Number of Employees


Location

  • ArcBest Corporation
  • 8401 McClure Drive
  • Fort Smith
  • Arkansas
  • 72916
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/27 00:00
End of Day Share Price2022/06/27 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.