ArcBest (ARCB)

• Market cap: $2.2B
• 1 day: -3.54%
• 5 days: -13.20%
• 1 month: -11.83%
• 3 months: -14.31%
• 6 months: -12.18%
• Year to date: -22.25%
• 1 year: -19.75%
• 5 years: 235.34%
• 10 years: 107.33%
• Sector: Industrials
• Industry: Trucking, Except Local

About: ArcBest Corp is engaged in logistics operations. The company operates in two operating segments, The Asset-Based segment includes the results of operations of ABF Freight System, Inc. and certain other subsidiaries. The segment operations include national, inter-regional, and regional transportation of general commodities through standard, expedited, and guaranteed LTL services. The services including freight transportation related to managed transportation solutions and other services. The Asset-Light segment includes the results of operations of the Company's service offerings in truckload, ground expedite, dedicated, intermodal, household goods moving, managed transportation, warehousing and distribution, and international freight transportation for air, ocean, and ground.

Employees: 15,000

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

56% more call options, than puts

Call options by funds: $45.8M | Put options by funds: $29.3M

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

3% less capital invested

Capital invested by funds: $2.63B [Q2] → $2.54B (-$91.3M) [Q3]

5% less funds holding

Funds holding: 297 [Q2] → 283 (-14) [Q3]

5.83% less ownership

Funds ownership: 104.81% [Q2] → 98.98% (-5.83%) [Q3]

13% less repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 115

30% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 47

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $105 12% upside
• Avg. target: $124 32% upside
• High target: $170 81% upside

9 analyst ratings

• positive: 3 33%
• neutral: 6 67%
• negative: 0 0%

Citigroup Ariel Rosa 31% 1-year accuracy 8 / 26 met price target	35% upside $127	Neutral Maintained	12 Nov 2024
UBS Thomas Wadewitz 36% 1-year accuracy 9 / 25 met price target	17% upside $110	Neutral Maintained	4 Nov 2024
JP Morgan Brian Ossenbeck 50% 1-year accuracy 18 / 36 met price target	24% upside $117	Neutral Maintained	4 Nov 2024
Wells Fargo Christian Wetherbee 35% 1-year accuracy 11 / 31 met price target	12% upside $105	Equal-Weight Maintained	4 Nov 2024
Morgan Stanley Ravi Shanker 53% 1-year accuracy 16 / 30 met price target	81% upside $170	Overweight Maintained	4 Nov 2024