Shares of ArcBest Corporation (NSD:ARCB) have surged 443% over the last three years, while the share price is up 34% in the last quarter. The company’s earnings per share grew at 99% annually over the same period, driving share prices higher. However, the average annual share price increase of 76% is lower than the EPS growth, suggesting a cooling sentiment around the stock. Despite this, ArcBest’s total shareholder return over the last three years was 454%, thanks in part to its dividend payments. With a recent improvement in TSR, some investors view this as an indicator of improving business performance. Nevertheless, investors should consider other factors, including a warning sign that has been identified by analysts.
While the recent improvement in ArcBest’s total shareholder return is a positive sign for investors, it’s important to consider the warning sign that has been identified. Analysts have noted one potential issue that could impact the company’s future performance. Therefore, it’s essential for investors to conduct thorough research before making any investment decisions. ArcBest’s financial position and future growth prospects should be carefully examined to determine if the company is a good long-term investment opportunity.
ArcBest Corp Stock Analysis:
According to five analysts, the average analyst target price for ArcBest Corporation is USD 108.40 for the next 12 months, indicating a strong buy rating. Stock Target Advisor’s analysis of the company is slightly bullish, based on nine positive signals and four negative signals. ArcBest’s stock price closed at USD 103.92 recently and has increased by 6.86% over the past week, 19.86% over the past month, and 18.67% over the last year.
Company Overview
ArcBest Corporation is a logistics company that offers freight transportation and integrated logistics services. It operates through three segments: Asset-Based, ArcBest, and FleetNet. The Asset-Based segment transports general commodities through less-than-truckload services. The ArcBest segment provides expedite freight transportation services, international freight transportation, transportation brokerage services, warehousing and distribution services, managed transportation services, and moving services. The FleetNet segment provides roadside repair solutions and vehicle maintenance management services for commercial and private fleets. The company was founded in 1923 and is headquartered in Fort Smith, Arkansas.
