ArcBest (ARCB) Expected to Announce Earnings on Tuesday

ArcBest (NASDAQ:ARCB) is expected to announce its Q1 2025 earnings results before the market opens on Tuesday, April 29th. Analysts expect ArcBest to post earnings of $0.55 per share and revenue of $990.03 million for the quarter.

ArcBest (NASDAQ:ARCB) last released its quarterly earnings data on Friday, January 31st. The transportation company reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.22. ArcBest had a net margin of 4.16% and a return on equity of 11.79%. During the same quarter in the prior year, the company earned $2.47 EPS. On average, analysts expect ArcBest to post $7 EPS for the current fiscal year and $10 EPS for the next fiscal year.

ArcBest Trading Down 9.7 %

Shares of ArcBest stock opened at $58.42 on Monday. The stock has a market cap of $1.35 billion, a PE ratio of 7.97, a price-to-earnings-growth ratio of 1.70 and a beta of 1.62. The company has a current ratio of 1.01, a quick ratio of 1.04 and a debt-to-equity ratio of 0.10. The company has a 50-day moving average of $70.94 and a two-hundred day moving average of $91.40. ArcBest has a 12-month low of $57.38 and a 12-month high of $131.23.

ArcBest Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Friday, May 9th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.82%. ArcBest’s dividend payout ratio is presently 6.55%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on ARCB shares. Stifel Nicolaus raised their price target on ArcBest from $109.00 to $125.00 and gave the company a “buy” rating in a research report on Thursday, January 23rd. Bank of America cut their target price on shares of ArcBest from $100.00 to $73.00 and set an “underperform” rating for the company in a research report on Wednesday, March 12th. Morgan Stanley lowered their price target on shares of ArcBest from $160.00 to $145.00 and set an “overweight” rating on the stock in a research report on Monday, February 3rd. Jefferies Financial Group cut their price objective on ArcBest from $120.00 to $95.00 and set a “buy” rating for the company in a research report on Wednesday, April 9th. Finally, Citigroup lowered their target price on ArcBest from $83.00 to $66.00 and set a “neutral” rating on the stock in a report on Tuesday, April 8th. One analyst has rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, ArcBest has a consensus rating of “Hold” and an average target price of $101.50.

Insider Buying and Selling at ArcBest

In other news, CFO John Matthew Beasley bought 700 shares of the firm’s stock in a transaction dated Thursday, March 13th. The stock was acquired at an average price of $74.89 per share, for a total transaction of $52,423.00. Following the acquisition, the chief financial officer now owns 8,142 shares of the company’s stock, valued at $609,754.38. This trade represents a 9.41 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 1.28% of the stock is owned by company insiders.

ArcBest Company Profile

ArcBest Corporation, an integrated logistics company, engages in the provision of ground, air, and ocean transportation solutions. It operates through two segments: Asset-Based and Asset-Light. The Asset-Based segment provides less-than-truckload (LTL) services, that transports general commodities, such as food, textiles, apparel, furniture, appliances, chemicals, non-bulk petroleum products, rubber, plastics, metal and metal products, wood, glass, automotive parts, machinery, and miscellaneous manufactured products.