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After finishing at $93.54 in the prior trading day, ArcBest Corp (NASDAQ: ARCB) closed at $94.59, up 1.12%. In other words, the price has increased by $1.12 from its previous closing price. On the day, 0.1 million shares were traded. ARCB stock price reached its highest trading level at $94.83 during the session, while it also had its lowest trading level at $93.0.
Ratios:
Our goal is to gain a better understanding of ARCB by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.19. For the most recent quarter (mrq), Quick Ratio is recorded 1.04 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.24.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, TD Cowen on October 14, 2024, Downgraded its rating to Hold and sets its target price to $114 from $131 previously.
On October 09, 2024, Citigroup started tracking the stock assigning a Neutral rating and target price of $111.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 22 ’24 when Philip Craig E sold 3,900 shares for $109.91 per share. The transaction valued at 428,649 led to the insider holds 23,250 shares of the business.
Philip Craig E bought 3,900 shares of ARCB for $428,668 on Nov 22 ’24. On Nov 06 ’24, another insider, Newcity Michael E, who serves as the SVP – Chf Innovation Officr(1) of the company, sold 10,443 shares for $120.60 each. As a result, the insider received 1,259,410 and left with 5,051 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ARCB now has a Market Capitalization of 2213368064 and an Enterprise Value of 2417184768. As of this moment, ArcBest’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.71, and their Forward P/E ratio for the next fiscal year is 12.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 1.70. Its current Enterprise Value per Revenue stands at 0.566 whereas that against EBITDA is 7.141.
Stock Price History:
Over the past 52 weeks, ARCB has reached a high of $153.60, while it has fallen to a 52-week low of $92.32. The 50-Day Moving Average of the stock is -11.85%, while the 200-Day Moving Average is calculated to be -16.84%.
Shares Statistics:
The stock has traded on average 267.26K shares per day over the past 3-months and 326290 shares per day over the last 10 days, according to various share statistics. A total of 23.46M shares are outstanding, with a floating share count of 22.97M. Insiders hold about 1.84% of the company’s shares, while institutions hold 101.25% stake in the company. Shares short for ARCB as of 1732838400 were 1600286 with a Short Ratio of 5.99, compared to 1730332800 on 1617029. Therefore, it implies a Short% of Shares Outstanding of 1600286 and a Short% of Float of 9.51.
Dividends & Splits
In the trailing 12 months, ARCB’s forward annual dividend rate was 0.48, compared to 0.48 this year. Against a Trailing Annual Dividend Yield of 0.0051314943The stock’s 5-year Average Dividend Yield is 0.62.
