ArcBest (ARCB)

• Market cap: $2.26B
• 1 day: 4.38%
• 5 days: -2.65%
• 1 month: -1.34%
• 3 months: -5.11%
• 6 months: -9.03%
• Year to date: 3.76%
• 1 year: -25.51%
• 5 years: 321.56%
• 10 years: 144.11%
• 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: $2.65B [Q2] → $2.56B (-$86.2M) [Q3]

5% less funds holding

Funds holding: 298 [Q2] → 283 (-15) [Q3]

5.65% less ownership

Funds ownership: 105.57% [Q2] → 99.92% (-5.65%) [Q3]

13% less repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 115

28% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 46

Research analyst outlook

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

• Low target: $96 1% upside
• Avg. target: $119 24% upside
• High target: $145 52% upside

5 analyst ratings

• positive: 2 40%
• neutral: 3 60%
• negative: 0 0%

UBS Thomas Wadewitz 52% 1-year accuracy 15 / 29 met price target	5% upside $100	Neutral Maintained	3 Feb 2025
Wells Fargo Christian Wetherbee 57% 1-year accuracy 24 / 42 met price target	1% upside $96	Equal-Weight Maintained	3 Feb 2025
Morgan Stanley Ravi Shanker 58% 1-year accuracy 18 / 31 met price target	52% upside $145	Overweight Maintained	3 Feb 2025
Stifel J. Bruce Chan 29% 1-year accuracy 9 / 31 met price target	31% upside $125	Buy Maintained	23 Jan 2025
Citigroup Ariel Rosa 35% 1-year accuracy 11 / 31 met price target	33% upside $127	Neutral Maintained	12 Nov 2024