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Market Cap

US$1.9b

Last Updated

2021/04/11 22:24 UTC

Data Sources

Company Financials +

Executive Summary

ArcBest Corporation provides freight transportation and integrated logistics services. More Details


Snowflake Analysis

Flawless balance sheet with solid track record.


Similar Companies

Share Price & News

How has ArcBest's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ARCB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: ARCB's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

1.8%

ARCB

0.5%

US Transportation

2.1%

US Market


1 Year Return

257.4%

ARCB

71.4%

US Transportation

56.3%

US Market

Return vs Industry: ARCB exceeded the US Transportation industry which returned 71.4% over the past year.

Return vs Market: ARCB exceeded the US Market which returned 56.3% over the past year.


Shareholder returns

ARCBIndustryMarket
7 Day1.8%0.5%2.1%
30 Day-0.9%3.6%2.4%
90 Day57.5%8.5%6.1%
1 Year261.1%257.4%73.7%71.4%59.1%56.3%
3 Year133.3%126.5%83.8%74.7%65.7%55.1%
5 Year268.4%248.0%217.2%191.0%122.3%97.6%

Long-Term Price Volatility Vs. Market

How volatile is ArcBest's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is ArcBest undervalued compared to its fair value and its price relative to the market?

26.18x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ARCB ($73.26) is trading above our estimate of fair value ($65.72)

Significantly Below Fair Value: ARCB is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ARCB is good value based on its PE Ratio (26.2x) compared to the US Transportation industry average (31.1x).

PE vs Market: ARCB is poor value based on its PE Ratio (26.2x) compared to the US market (22.3x).


Price to Earnings Growth Ratio

PEG Ratio: ARCB is poor value based on its PEG Ratio (1.5x)


Price to Book Ratio

PB vs Industry: ARCB is good value based on its PB Ratio (2.2x) compared to the US Transportation industry average (3.4x).


Future Growth

How is ArcBest forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

17.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ARCB's forecast earnings growth (17% per year) is above the savings rate (2%).

Earnings vs Market: ARCB's earnings (17% per year) are forecast to grow slower than the US market (18.6% per year).

High Growth Earnings: ARCB's earnings are forecast to grow, but not significantly.

Revenue vs Market: ARCB's revenue (7.2% per year) is forecast to grow slower than the US market (9.9% per year).

High Growth Revenue: ARCB's revenue (7.2% 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 low in 3 years time (14.8%).


Past Performance

How has ArcBest performed over the past 5 years?

12.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ARCB has high quality earnings.

Growing Profit Margin: ARCB's current net profit margins (2.4%) are higher than last year (1.3%).


Past Earnings Growth Analysis

Earnings Trend: ARCB's earnings have grown by 12.6% per year over the past 5 years.

Accelerating Growth: ARCB's earnings growth over the past year (78.1%) exceeds its 5-year average (12.6% per year).

Earnings vs Industry: ARCB earnings growth over the past year (78.1%) exceeded the Transportation industry 11.5%.


Return on Equity

High ROE: ARCB's Return on Equity (8.6%) is considered low.


Financial Health

How is ArcBest's financial position?


Financial Position Analysis

Short Term Liabilities: ARCB's short term assets ($758.2M) exceed its short term liabilities ($506.5M).

Long Term Liabilities: ARCB's short term assets ($758.2M) exceed its long term liabilities ($443.9M).


Debt to Equity History and Analysis

Debt Level: ARCB's debt to equity ratio (34.5%) is considered satisfactory.

Reducing Debt: ARCB's debt to equity ratio has reduced from 36.2% to 34.5% over the past 5 years.

Debt Coverage: ARCB's debt is well covered by operating cash flow (72.1%).

Interest Coverage: ARCB's interest payments on its debt are well covered by EBIT (11.7x coverage).


Balance Sheet


Dividend

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

0.44%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ARCB's dividend (0.44%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.26%).

High Dividend: ARCB's dividend (0.44%) is low compared to the top 25% of dividend payers in the US market (3.5%).


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.


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ARCB's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

6.1yrs

Average management tenure


CEO

Judy McReynolds (57 yo)

11.25yrs

Tenure

US$4,174,608

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 ($USD4.17M) is about average for companies of similar size in the US market ($USD3.67M).

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 (6.1 years average tenure).


Board Members

Experienced Board: ARCB's board of directors are considered experienced (5 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: ARCB insiders have only sold shares 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 company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ArcBest Corporation
  • Ticker: ARCB
  • Exchange: NasdaqGS
  • Founded: 1923
  • Industry: Trucking
  • Sector: Transportation
  • Market Cap: US$1.860b
  • Shares outstanding: 25.40m
  • Website: https://www.arcb.com

Number of Employees


Location

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

Listings


Biography

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 com...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/11 22:24
End of Day Share Price2021/04/09 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.