ArcBest (ARCB)

• Market cap: $2.3B
• 1 day: -1.74%
• 5 days: -3.55%
• 1 month: 4.12%
• 3 months: -3.06%
• 6 months: -15.67%
• Year to date: 7.12%
• 1 year: -17.30%
• 5 years: 275.92%
• 10 years: 140.75%
• 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 (-$85.8M) [Q3]

5% less funds holding

Funds holding: 297 [Q2] → 283 (-14) [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

27% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 45

Research analyst outlook

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

• Low target: $105 7% upside
• Avg. target: $126 28% upside
• High target: $170 73% upside

6 analyst ratings

• positive: 2 33%
• neutral: 4 67%
• negative: 0 0%

Stifel J. Bruce Chan 37% 1-year accuracy 11 / 30 met price target	27% upside $125	Buy Maintained	23 Jan 2025
Wells Fargo Christian Wetherbee 59% 1-year accuracy 24 / 41 met price target	7% upside $105	Equal-Weight Maintained	7 Jan 2025
Citigroup Ariel Rosa 43% 1-year accuracy 12 / 28 met price target	29% upside $127	Neutral Maintained	12 Nov 2024
UBS Thomas Wadewitz 54% 1-year accuracy 15 / 28 met price target	12% upside $110	Neutral Maintained	4 Nov 2024
JP Morgan Brian Ossenbeck 46% 1-year accuracy 17 / 37 met price target	19% upside $117	Neutral Maintained	4 Nov 2024