ArcBest® (Nasdaq: ARCB), an integrated logistics company, has been recognized as a 2026 Great Supply Chain Partner by SupplyChainBrain, earned three 2026 Quest for Quality Awards from Logistics Management and was named a 2026 Top 100 Trucker by Inbound Logistics. These honors reflect ArcBest’s commitment to helping customers navigate supply chain challenges by delivering a premium customer experience and providing logistics solutions tailored to their needs.
ArcBest was named a 2026 Great Supply Chain Partner by SupplyChainBrain, an annual recognition that honors logistics providers delivering measurable value through solutions and services that improve operational efficiency and overall supply chain performance. Selected based on feedback from industry professionals, this award highlights ArcBest’s ability to help customers adapt to changing conditions and manage freight across their supply chains.
The company also earned three 2026 Quest for Quality Awards from Logistics Management, one of the transportation industry's most respected benchmarks for customer satisfaction and service excellence. ArcBest’s expedite service was named in the Household Goods & High-Value Goods Carriers category for the fifth time and the Expedited Motor Carriers category for the 10th time. ArcBest’s LTL carrier ABF Freight® was recognized in the Expedited Motor Carriers category for the ninth time. The awards are based on evaluations from supply chain decision makers who assess providers across key criteria, including customer service, information technology and operational performance.
Additionally, ArcBest was named a 2026 Top 100 Trucker by Inbound Logistics, an annual recognition that highlights trucking providers that deliver the technology and service capabilities shippers need to succeed in a rapidly changing transportation environment.
"Our customers trust us with an important part of their business, and we take that responsibility seriously,” said Seth Runser, ArcBest president and CEO. “These awards reflect the expertise of our people and the work they do every day to help customers navigate change and build more resilient supply chains.”
Helping customers navigate increasingly complex supply chains requires both experienced logistics professionals and technology designed around their needs. For more than a century, ArcBest has invested in new ways to simplify logistics and improve customer experience. One example is ArcBest View™, the company's digital logistics platform introduced earlier this year. ArcBest View brings quoting, booking, tracking and freight management into one connected experience, giving customers greater visibility across shipments and performance data while making it easier to work with ArcBest. The platform helps customers make informed decisions, respond to changing conditions and connect with ArcBest logistics experts when additional support is needed.
The service recognized through these industry honors begins with the people who deliver it every day. ArcBest was also recognized nationally by Forbes for workplace culture, earning a spot on its list of America's Best-In-State Employers, ranking No. 1 in Arkansas for the transportation and logistics industry, and being named one of America's Best Employers for Women. Together, these distinctions reflect ArcBest’s belief that strong customer relationships start with strong teams. Creating opportunities for employees to grow and build rewarding careers helps strengthen the expertise and service customers rely on every day.
ABOUT ARCBEST
ArcBest® (Nasdaq: ARCB) is a multibillion-dollar integrated logistics company delivering end-to-end supply chain solutions designed around how businesses operate. Partnering with 30,000+ customers across the globe, ArcBest combines the reliability and control of an asset-based LTL network, the reach and flexibility of a brokerage network, and innovative technology to help build stronger, more efficient supply chains. ArcBest View™, the company’s digital logistics platform, gives customers greater control and clarity by bringing quoting, booking, shipment visibility and reporting into one connected experience. With 14,000 employees, 250 campuses and service centers and over a century of expertise, ArcBest delivers a premium experience built on reliable service, clear visibility and responsive support. For more information, visit arcb.com.
ABOUT SUPPLYCHAINBRAIN
SupplyChainBrain, today’s most comprehensive supply chain management information resource, is accessed year-round through a wide range of ever evolving multi-media formats by hundreds of thousands of the world’s most influential supply chain executives. In addition to addressing the fundamental principles of supply-chain management, SupplyChainBrain identifies the latest news, emerging trends, technologies and best practices, forward-thinking ideas and cutting-edge solutions - and continues to write and report about these as they evolve and mature.
ABOUT LOGISTICS MANAGEMENT
Established in 1962, Logistics Management magazine and logisticsmgmt.com are the leading business-to-business information resources for logistics and transportation professionals in charge of the planning, management and purchasing of freight transportation services. The Logistics Management magazine publishes monthly and reaches the largest number of logistics professionals in the industry.
ABOUT INBOUND LOGISTICS
Inbound Logistics is the leading trade content platform targeted toward business logistics and supply chain managers. The platform's editorial mission is to help companies of all sizes better manage corporate resources by speeding and reducing inventory and supporting infrastructure, and better matching demand signals to supply lines. More information is available at www.inboundlogistics.com.
ABOUT FORBES
Forbes Media is a global media, branding and technology company, with a focus on news and information about business, investing, technology, entrepreneurship, leadership and affluent lifestyles. The company publishes Forbes, Forbes Asia, and Forbes Europe magazines as well as Forbes.com. The Forbes brand today reaches more than 94 million people worldwide with its business message each month through its magazines and 37 licensed local editions around the globe, Forbes.com, TV, conferences, research, social and mobile platforms. Forbes Media’s brand extensions include conferences, real estate, education, financial services, and technology license agreements.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260908866308/en/
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
FORT SMITH, Ark.--(BUSINESS WIRE)--Recognitions from SupplyChainBrain, Logistics Management, Inbound Logistics and Forbes highlight ArcBest's commitment to customers and employees.
BlackRock Inc. purchased a new position in ArcBest Corporation (NASDAQ:ARCB – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,507,564 shares of the transportation company’s stock, valued at approximately $503,476,000. BlackRock Inc. owned about 15.69% of ArcBest at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Federated Hermes Inc. boosted its position in shares of ArcBest by 126.6% during the fourth quarter. Federated Hermes Inc. now owns 1,015 shares of the transportation company’s stock valued at $75,000 after buying an additional 567 shares during the last quarter. Canada Pension Plan Investment Board purchased a new position in ArcBest in the 2nd quarter worth about $85,000. Hantz Financial Services Inc. lifted its stake in ArcBest by 507.6% during the 4th quarter. Hantz Financial Services Inc. now owns 1,118 shares of the transportation company’s stock valued at $83,000 after acquiring an additional 934 shares during the period. PNC Financial Services Group Inc. lifted its stake in ArcBest by 8.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,775 shares of the transportation company’s stock valued at $175,000 after acquiring an additional 134 shares during the period. Finally, Quantbot Technologies LP boosted its holdings in shares of ArcBest by 146.3% during the 3rd quarter. Quantbot Technologies LP now owns 1,786 shares of the transportation company’s stock valued at $125,000 after acquiring an additional 1,061 shares during the last quarter. 99.27% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades ARCB has been the subject of a number of research analyst reports. Bank of America lifted their price target on shares of ArcBest from $138.00 to $160.00 and gave the stock a “neutral” rating in a research note on Friday, June 5th. Stephens upgraded shares of ArcBest to a “strong-buy” rating in a report on Wednesday, July 8th. TD Cowen decreased their target price on shares of ArcBest from $175.00 to $155.00 and set a “hold” rating for the company in a research note on Thursday, July 30th. Weiss Ratings cut ArcBest from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, May 28th. Finally, Wall Street Zen upgraded ArcBest from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $154.23.
Read Our Latest Stock Analysis on ArcBest ArcBest Stock Down 4.2% Shares of ARCB stock opened at $134.45 on Tuesday. The stock has a market cap of $3.00 billion, a P/E ratio of 194.86, a PEG ratio of 0.46 and a beta of 1.57. ArcBest Corporation has a 52 week low of $59.43 and a 52 week high of $176.69. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.10. The company’s fifty day simple moving average is $145.61 and its two-hundred day simple moving average is $125.34.
ArcBest (NASDAQ:ARCB – Get Free Report) last issued its earnings results on Wednesday, July 29th. The transportation company reported $2.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.26 by $0.12. The firm had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.17 billion. ArcBest had a return on equity of 7.92% and a net margin of 0.39%.The business’s revenue was up 15.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.36 earnings per share. Analysts predict that ArcBest Corporation will post 6.9 EPS for the current fiscal year.
ArcBest Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Friday, August 21st. Shareholders of record on Friday, August 7th were paid a $0.12 dividend. The ex-dividend date of this dividend was Friday, August 7th. This represents a $0.48 dividend on an annualized basis and a yield of 0.4%. ArcBest’s payout ratio is presently 69.57%.
Insider Activity at ArcBest In other news, Director Judy R. Mcreynolds sold 2,857 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $138.98, for a total transaction of $397,065.86. Following the sale, the director directly owned 50,048 shares of the company’s stock, valued at $6,955,671.04. This represents a 5.40% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Erin K. Gattis sold 6,163 shares of the business’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $140.00, for a total transaction of $862,820.00. Following the completion of the sale, the insider owned 24,286 shares in the company, valued at $3,400,040. This represents a 20.24% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 11,963 shares of company stock worth $1,678,066 over the last ninety days. Insiders own 0.98% of the company’s stock.
About ArcBest (Free Report)
ArcBest Corporation (NASDAQ: ARCB) is a transportation and logistics company that offers comprehensive freight and supply chain solutions across North America. Founded in 1923 as Arkansas Best Freight System, the company has evolved into a diversified service provider with both asset-based and asset-light operations. Its core businesses include less-than-truckload (LTL) shipping through ABF Freight, expedited full-truckload services via Panther Premium Logistics, and a range of logistics and supply chain management services under its ArcBest Integrated Logistics division.
The company’s asset-based operations also encompass FleetNet America, a provider of emergency roadside assistance and maintenance services for heavy-duty vehicles.
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Bank of America Corp DE decreased its stake in ArcBest Corporation (NASDAQ: ARCB) by 15.0% in the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 91,822 shares of the transportation company's stock after selling 16,230 shares during the period.
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Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: ArcBest (ARCB - Free Report) ArcBest Corporation is an integrated logistics provider offering less-than-truckload services through ABF Freight and a broad Asset-Light suite. Its services include truckload brokerage, managed transportation, expedited, intermodal, household moving, warehousing and international logistics.
ARCB is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 20.15; value investors should take notice.
For fiscal 2026, five analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $1.03 to $6.90 per share. ARCB boasts an average earnings surprise of +2.1%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, ARCB should be on investors' short list.
A month has gone by since the last earnings report for ArcBest (ARCB - Free Report) . Shares have lost about 2.1% in that time frame, underperforming the S&P 500.
But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is ArcBest due for a breakout? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent catalysts for ArcBest Corporation before we dive into how investors and analysts have reacted as of late.
ArcBest Q2 Earnings Beat Estimates, Up Y/YArcBest Corporation reported impressive second-quarter 2026 results, with adjusted earnings surpassing expectations and revenues increasing substantially year over year.
Quarterly adjusted earnings of $2.38 per share beat the consensus estimate of $2.30 by 3.5%. The reported figure increased 75% from $1.36 in the year-ago quarter. Revenues of $1.18 billion missed the consensus mark of $1.19 billion by 0.8%. Nevertheless, the top line increased 15.9% year over year.
On a GAAP basis, ArcBest incurred a loss of 62 cents per share compared with earnings of $1.12 a year ago. The loss primarily reflected impairment and restructuring charges associated with the company’s recently announced restructuring plan.
ARCB’s Segment Performance
Asset-Based revenues increased 9.9% year over year to $783.7 million. Tonnage per day improved 4.9%, driven by an 8% increase in weight per shipment, despite a 2.8% decline in shipments per day.
Billed revenue per shipment increased 12.5%, while billed revenue per hundredweight rose 4.2%. Excluding fuel surcharges, revenue per hundredweight was flat. Customer contract renewals and deferred pricing agreements averaged a 5.8% increase during the second quarter.
Asset-Based operating income advanced 45.5% to $74.3 million. The operating ratio improved 230 basis points to 90.5%. On an adjusted basis, operating income totaled $72.3 million and the operating ratio improved to 90.8% from 92.8% in the prior-year quarter.
Sequentially, Asset-Based daily revenues increased 17.8%, while the adjusted operating ratio improved 650 basis points. Pricing initiatives, higher fuel-surcharge revenues, cost optimization, network efficiency and technology-driven productivity supported the improvement.
Asset-Light revenues surged 28.3% year over year to $438.7 million. Shipments per day increased 14.6%, while revenue per shipment rose 12%. Higher managed volumes, fuel prices and a tightening capacity environment aided the segment’s top line.
Purchased transportation expense represented 86.5% of revenues compared with 84.4% a year ago. The segment incurred a GAAP operating loss of $31.3 million, largely because of impairment and restructuring charges. Adjusted operating income improved to $6.3 million from $1.1 million, while adjusted EBITDA rose to $7 million from $2.5 million.
ArcBest’s Cash Flow & Capital Allocation
ArcBest generated $138.3 million of operating cash flow during the first six months of 2026, up from $85 million in the year-ago period. The company spent $22.4 million on property, plant and equipment, net of financing.
ARCB returned $13.5 million to shareholders through $8.2 million of share repurchases and $5.4 million of dividends during the first half of 2026. It exited the quarter with cash and short-term investments of $168.4 million.
Management expects 2026 net capital expenditures between $140 million and $160 million. Preliminary July results were encouraging, with Asset-Based revenues per day rising 7% and Asset-Light revenues per day increasing 28% year over year.
How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a upward trend in fresh estimates.
VGM ScoresCurrently, ArcBest has a strong Growth Score of A, though it is lagging a lot on the Momentum Score front with a C. Charting a somewhat similar path, the stock was allocated a score of B on the value side, putting it in the second quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Notably, ArcBest has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Performance of an Industry PlayerArcBest is part of the Zacks Transportation - Truck industry. Over the past month, Landstar System (LSTR - Free Report) , a stock from the same industry, has gained 7.4%. The company reported its results for the quarter ended June 2026 more than a month ago.
Landstar reported revenues of $1.43 billion in the last reported quarter, representing a year-over-year change of +18.2%. EPS of $1.44 for the same period compares with $1.20 a year ago.
For the current quarter, Landstar is expected to post earnings of $1.60 per share, indicating a change of +31.2% from the year-ago quarter. The Zacks Consensus Estimate has changed +3.2% over the last 30 days.
The overall direction and magnitude of estimate revisions translate into a Zacks Rank #2 (Buy) for Landstar. Also, the stock has a VGM Score of D.
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Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: ArcBest (ARCB - Free Report) ArcBest Corporation is an integrated logistics provider offering less-than-truckload services through ABF Freight and a broad Asset-Light suite. Its services include truckload brokerage, managed transportation, expedited, intermodal, household moving, warehousing and international logistics.
ARCB is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 19.91; value investors should take notice.
Five analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $1.03 to $6.90 per share. ARCB also boasts an average earnings surprise of +2.1%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, ARCB should be on investors' short list.
On August 06, 2026, ArcBest Corp (ARCB) shares fell 4.5% today, closing at $135.18. Over the last 52 weeks, the stock has fluctuated between a high of $176.69 a
Arrowstreet Capital Limited Partnership increased its position in shares of ArcBest Corporation (NASDAQ:ARCB – Free Report) by 129.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,852 shares of the transportation company’s stock after purchasing an additional 18,507 shares during the period. Arrowstreet Capital Limited Partnership owned 0.15% of ArcBest worth $3,231,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in ARCB. Federation des caisses Desjardins du Quebec raised its holdings in shares of ArcBest by 0.4% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 22,995 shares of the transportation company’s stock worth $1,706,000 after purchasing an additional 100 shares in the last quarter. Seelaus Asset Management LLC grew its position in ArcBest by 3.5% in the fourth quarter. Seelaus Asset Management LLC now owns 3,710 shares of the transportation company’s stock worth $275,000 after buying an additional 125 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of ArcBest by 8.2% in the first quarter. PNC Financial Services Group Inc. now owns 1,775 shares of the transportation company’s stock valued at $175,000 after buying an additional 134 shares in the last quarter. ProShare Advisors LLC lifted its position in shares of ArcBest by 3.1% during the 4th quarter. ProShare Advisors LLC now owns 4,431 shares of the transportation company’s stock valued at $329,000 after acquiring an additional 135 shares during the last quarter. Finally, Stephens Inc. AR lifted its position in shares of ArcBest by 2.2% during the 4th quarter. Stephens Inc. AR now owns 6,909 shares of the transportation company’s stock valued at $535,000 after acquiring an additional 150 shares during the last quarter. 99.27% of the stock is currently owned by institutional investors and hedge funds.
ArcBest Trading Up 4.9% Shares of NASDAQ ARCB opened at $144.31 on Wednesday. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.10. ArcBest Corporation has a one year low of $59.43 and a one year high of $176.69. The business has a 50-day moving average price of $149.47 and a two-hundred day moving average price of $120.55. The firm has a market capitalization of $3.23 billion, a PE ratio of 209.14, a PEG ratio of 0.45 and a beta of 1.57.
ArcBest (NASDAQ:ARCB – Get Free Report) last issued its earnings results on Wednesday, July 29th. The transportation company reported $2.38 earnings per share for the quarter, beating analysts’ consensus estimates of $2.26 by $0.12. The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.17 billion. ArcBest had a return on equity of 7.92% and a net margin of 0.39%.The firm’s quarterly revenue was up 15.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.36 EPS. As a group, analysts predict that ArcBest Corporation will post 6.9 earnings per share for the current fiscal year.
ArcBest Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Shareholders of record on Friday, August 7th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, August 7th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.3%. ArcBest’s dividend payout ratio (DPR) is 69.57%.
Analyst Upgrades and Downgrades A number of brokerages recently issued reports on ARCB. Bank of America lifted their target price on ArcBest from $138.00 to $160.00 and gave the stock a “neutral” rating in a report on Friday, June 5th. Truist Financial upped their target price on ArcBest from $145.00 to $165.00 and gave the company a “buy” rating in a report on Wednesday, July 15th. TD Cowen decreased their price target on ArcBest from $175.00 to $155.00 and set a “hold” rating for the company in a research report on Thursday, July 30th. Stifel Nicolaus lifted their price target on ArcBest from $134.00 to $176.00 and gave the stock a “buy” rating in a research note on Tuesday, July 21st. Finally, The Goldman Sachs Group restated a “buy” rating and set a $172.00 price objective on shares of ArcBest in a report on Wednesday, July 29th. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $154.23.
View Our Latest Stock Report on ArcBest
ArcBest Profile (Free Report)
ArcBest Corporation (NASDAQ: ARCB) is a transportation and logistics company that offers comprehensive freight and supply chain solutions across North America. Founded in 1923 as Arkansas Best Freight System, the company has evolved into a diversified service provider with both asset-based and asset-light operations. Its core businesses include less-than-truckload (LTL) shipping through ABF Freight, expedited full-truckload services via Panther Premium Logistics, and a range of logistics and supply chain management services under its ArcBest Integrated Logistics division.
The company’s asset-based operations also encompass FleetNet America, a provider of emergency roadside assistance and maintenance services for heavy-duty vehicles.
See Also Five stocks we like better than ArcBest System Upgrade: First Internet Bancorp Options Surge AI Security Breaches Raise New Risks for Microsoft and Amazon’s Agent Push The AI Chip Blockade Is Creating a Shadow Market Grab Holdings Stock Forms Bottom After Strong Beat-and-Raise Quarter Want to see what other hedge funds are holding ARCB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ArcBest Corporation (NASDAQ:ARCB – Free Report).
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Investors in ArcBest Corporation (ARCB - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 18, 2026 $70 Put had some of the highest implied volatility of all equity options today.
What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?Clearly, options traders are pricing in a big move for ArcBest shares, but what is the fundamental picture for the company? Currently, ArcBest is a Zacks Rank #2 (Buy) in the Transportation – Truck industry that ranks in the Top 4% of our Zacks Industry Rank. Over the last 30 days, two analysts have increased their earnings estimates for the current quarter, while none have revised their estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from $2.01 per share to $2.30 in that period.
Given the way analysts feel about ArcBest right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.
Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase, investors find themselves invested in shares that have limited to no upside or even a downside. So, betting on a stock just by looking at the traditional momentum parameters could be risky at times.
A safer approach could be investing in bargain stocks with recent price momentum. While the Zacks Momentum Style Score (part of the Zacks Style Scores system) helps identify great momentum stocks by paying close attention to trends in a stock's price or earnings, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced.
There are several stocks that currently pass through the screen and ArcBest (ARCB - Free Report) is one of them. Here are the key reasons why this stock is a great candidate.
Investors' growing interest in a stock is reflected in its recent price increase. A price change of 3.4% over the past four weeks positions the stock of this freight transportation and logistics company well in this regard.
While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. ARCB meets this criterion too, as the stock gained 19.3% over the past 12 weeks.
Moreover, the momentum for ARCB is fast paced, as the stock currently has a beta of 1.57. This indicates that the stock moves 57% higher than the market in either direction.
Given this price performance, it is no surprise that ARCB has a Momentum Score of A, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.
In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped ARCB earn a Zacks Rank #2 (Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Most importantly, despite possessing fast-paced momentum features, ARCB is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. ARCB is currently trading at 0.76 times its sales. In other words, investors need to pay only 76 cents for each dollar of sales.
So, ARCB appears to have plenty of room to run, and that too at a fast pace.
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Key Takeaways ArcBest's Q2 adjusted EPS rose 75% to $2.38, beating estimates, while revenues climbed 15.9%. Asset-Based operating income jumped 45.5% as pricing, fuel surcharges and efficiency lifted results. Asset-Light revenues surged 28.3%, while adjusted operating income improved to $6.3 million. ArcBest Corporation (ARCB - Free Report) reported impressive second-quarter 2026 results, with adjusted earnings surpassing expectations and revenues increasing substantially year over year.
Quarterly adjusted earnings of $2.38 per share beat the consensus estimate of $2.30 by 3.5%. The reported figure increased 75% from $1.36 in the year-ago quarter. Revenues of $1.18 billion missed the consensus mark of $1.19 billion by 0.8%. Nevertheless, the top line increased 15.9% year over year.
On a GAAP basis, ArcBest incurred a loss of 62 cents per share compared with earnings of $1.12 a year ago. The loss primarily reflected impairment and restructuring charges associated with the company’s recently announced restructuring plan.
ARCB’s Segment PerformanceAsset-Based revenues increased 9.9% year over year to $783.7 million. Tonnage per day improved 4.9%, driven by an 8% increase in weight per shipment, despite a 2.8% decline in shipments per day.
Billed revenue per shipment increased 12.5%, while billed revenue per hundredweight rose 4.2%. Excluding fuel surcharges, revenue per hundredweight was flat. Customer contract renewals and deferred pricing agreements averaged a 5.8% increase during the second quarter.
Asset-Based operating income advanced 45.5% to $74.3 million. The operating ratio improved 230 basis points to 90.5%. On an adjusted basis, operating income totaled $72.3 million and the operating ratio improved to 90.8% from 92.8% in the prior-year quarter.
Sequentially, Asset-Based daily revenues increased 17.8%, while the adjusted operating ratio improved 650 basis points. Pricing initiatives, higher fuel-surcharge revenues, cost optimization, network efficiency and technology-driven productivity supported the improvement.
Asset-Light revenues surged 28.3% year over year to $438.7 million. Shipments per day increased 14.6%, while revenue per shipment rose 12%. Higher managed volumes, fuel prices and a tightening capacity environment aided the segment’s top line.
Purchased transportation expense represented 86.5% of revenues compared with 84.4% a year ago. The segment incurred a GAAP operating loss of $31.3 million, largely because of impairment and restructuring charges. Adjusted operating income improved to $6.3 million from $1.1 million, while adjusted EBITDA rose to $7 million from $2.5 million.
ArcBest’s Cash Flow & Capital AllocationArcBest generated $138.3 million of operating cash flow during the first six months of 2026, up from $85 million in the year-ago period. The company spent $22.4 million on property, plant and equipment, net of financing.
ARCB returned $13.5 million to shareholders through $8.2 million of share repurchases and $5.4 million of dividends during the first half of 2026. It exited the quarter with cash and short-term investments of $168.4 million.
Management expects 2026 net capital expenditures between $140 million and $160 million. Preliminary July results were encouraging, with Asset-Based revenues per day rising 7% and Asset-Light revenues per day increasing 28% year over year.
Currently, ARCB sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Q2 Performances of Other Transportation CompaniesWestinghouse Air Brake Technologies (WAB - Free Report) , operating as Wabtec Corporation, reported encouraging second-quarter 2026 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate and increased year over year.
Quarterly adjusted earnings of $2.76 per share beat the Zacks Consensus Estimate of $2.63 by 4.9% and increased 21.6% year over year, owing to higher sales and operating margin expansion.
Revenues climbed 17.5% to $3.18 billion and surpassed the consensus mark of $3.08 billion by 3.2%.
United Airlines Holdings, Inc. (UAL - Free Report) reported second-quarter 2026 adjusted earnings of $1.99 per share, down 48.6% year over year but above the Zacks Consensus Estimate of $1.92 by 3.7%.
Operating revenues rose 16% to $17.67 billion and were essentially in line with the $17.68 billion consensus mark. A 12.1% increase in total revenues per available seat mile or TRASM, and broad-based gains across premium, loyalty and cargo revenues, supported the top line despite sharply higher fuel costs.
J.B. Hunt Transport Services, Inc. (JBHT - Free Report) reported second-quarter 2026 earnings of $1.91 per share, up 45.8% from $1.31 a year ago. The figure beat the Zacks Consensus Estimate of $1.71 by 11.7%.
Operating revenues climbed 19.4% year over year to $3.50 billion and surpassed the consensus mark of $3.19 billion by 9.5%. Higher volumes and pricing across several businesses supported growth, led by a 10% increase in Intermodal loads.
Key Takeaways ArcBest reported Q2 EPS of $2.38, revenues of $1.18 billion and 16% year-over-year growth.ARCB expects $40 million in annualized savings from restructuring actions, reaching full run rate in Q1 2027.ArcBest's Asset-Light revenues rose 28.3% as digital tools and AI initiatives supported growth. ArcBest Corporation (ARCB - Free Report) used its second-quarter earnings call to emphasize operating discipline, network efficiency and actions aimed at simplifying the business. Management highlighted improving margins, stronger pricing and technology investments while acknowledging that broader freight demand remains uneven.
The company also detailed restructuring actions expected to improve its cost structure while maintaining its long-term growth strategy. Analysts focused on pricing, capacity, freight trends and the outlook for both operating segments.
ARCB Focuses on Efficiency GainsChief executive officer Seth Runser said ArcBest’s second-quarter performance reflected disciplined execution, improved customer experience and progress on strategic priorities. He emphasized pricing discipline, productivity improvements and technology investments as key contributors to operating improvement.
ARCB reported second-quarter non-GAAP earnings per share of $2.38, above the Zacks Consensus Estimate of $2.3. Revenues totaled $1.18 billion compared with the Zacks Consensus Estimate of $1.19 billion. The company’s revenues increased 16% year over year.
Management noted that Asset-Based revenues increased to $783.7 million, with daily tonnage up 4.9% year over year. The segment benefited from higher weight per shipment and improved pricing, supporting a non-GAAP operating ratio of 90.8%.
ArcBest Advances Cost Structure ChangesArcBest announced organizational changes designed to simplify operations, consolidate brand structures and improve efficiency. Runser said the actions were intended to strengthen execution rather than change the company’s strategic direction.
The restructuring plan includes facility consolidations and the discontinuation of the Vaux freight movement system. Management expects these actions to generate approximately $40 million in annualized cost savings, reaching the full run rate by the first quarter of 2027.
Chief financial officer Matt Beasley said the company recorded noncash impairment charges related to the Panther trade name, Vaux assets and office space. He added that cash costs tied to severance, employee benefits and equipment disposal are expected to be recognized primarily in the third quarter.
ARCB Sees Strength in Freight MixARCB management highlighted changes in freight composition as an important operating driver. Higher weight per shipment supported revenue quality, while the company’s expanding quote pool helped improve freight selection and network efficiency.
Runser said the company has seen modest improvement from truckload freight moving back into the LTL market as industry capacity tightens. He noted that heavier and more complex shipments have historically aligned with LTL networks.
The company also maintained pricing momentum, with contract renewals and deferred pricing agreements averaging a 5.8% increase during the quarter. A general rate increase of 5.9% was implemented in June and held well, according to management.
ArcBest Expands Digital Logistics PlatformArcBest launched ArcBest View during the quarter, a digital logistics platform combining quoting, booking, shipment visibility and reporting capabilities. Management said customer engagement with the platform continues to grow.
Runser highlighted artificial intelligence (AI) initiatives, including city route optimization and AI-enabled capacity sourcing, as tools designed to improve decision-making and productivity. He said these capabilities are being applied to strengthen operations and customer service.
The company also pointed to Managed Solutions as a growth area. Asset-Light revenues increased 28.3% year over year to $438.7 million, while shipments per day increased 14.6%.
ARCB Faces Mixed Demand EnvironmentARCB executives said manufacturing indicators have improved, but broad-based industrial demand has not yet recovered. Management emphasized that customer demand remains mixed across industries while maintaining confidence in the company’s positioning.
Analysts questioned whether improving tonnage trends could support stronger margins. Management said third-quarter Asset-Based adjusted operating ratio performance is expected to be generally in line with the second quarter, with lower fuel surcharge revenues offset by productivity gains and restructuring savings.
For Asset-Light, management expects third-quarter non-GAAP operating income of approximately $6 million to $8 million, supported by pricing discipline, productivity improvements and anticipated cost savings.
ArcBest Maintains Strategic PrioritiesArcBest said its capital allocation priorities remain focused on selective investments, maintaining balance sheet flexibility and returning capital to shareholders. Management reiterated its commitment to profitable growth and long-term financial targets.
Runser said the company’s restructuring actions, technology investments and operational improvements are designed to create a simpler and more scalable organization. He emphasized continued execution around customer experience and efficiency.
The company’s second-quarter results reflected stronger operating performance, with consolidated non-GAAP net income of $53.6 million compared with $31.2 million in the prior-year period.
Zacks Rank and Style SignalsARCB carries a Zacks Rank #1 (Strong Buy). The Zacks Rank focuses on earnings estimate revisions and is designed to help identify stocks with stronger near-term potential based on analyst estimate trends. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The stock has a Value Score of B, Growth Score of C, Momentum Score of A and VGM Score of B. Zacks Style Scores range from A to F, with stronger scores indicating more favorable characteristics for the specific investment style.
The combination of a Zacks Rank #1 and favorable Style Scores can provide additional context for investors evaluating stocks. However, the Zacks Rank can change as earnings estimates are revised following quarterly results and other developments.
Fifth Third Bancorp increased its stake in ArcBest Corporation (NASDAQ:ARCB – Free Report) by 2,994.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,230 shares of the transportation company’s stock after purchasing an additional 5,061 shares during the quarter. Fifth Third Bancorp’s holdings in ArcBest were worth $514,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. Kestra Advisory Services LLC grew its stake in shares of ArcBest by 11.8% during the 1st quarter. Kestra Advisory Services LLC now owns 7,202 shares of the transportation company’s stock worth $708,000 after acquiring an additional 760 shares during the period. Elevation Point Wealth Partners LLC purchased a new stake in ArcBest during the first quarter valued at about $215,000. Strs Ohio boosted its position in ArcBest by 38.9% during the first quarter. Strs Ohio now owns 10,000 shares of the transportation company’s stock worth $984,000 after purchasing an additional 2,800 shares during the period. Inspire Investing LLC boosted its position in ArcBest by 281.2% during the first quarter. Inspire Investing LLC now owns 23,903 shares of the transportation company’s stock worth $2,351,000 after purchasing an additional 17,633 shares during the period. Finally, Pictet Asset Management Holding SA increased its stake in shares of ArcBest by 17.4% in the first quarter. Pictet Asset Management Holding SA now owns 4,367 shares of the transportation company’s stock worth $430,000 after purchasing an additional 648 shares in the last quarter. 99.27% of the stock is owned by institutional investors.
ArcBest Trading Down 5.3% Shares of ARCB stock opened at $141.49 on Thursday. The business has a 50-day moving average price of $148.16 and a two-hundred day moving average price of $119.03. ArcBest Corporation has a 12-month low of $59.43 and a 12-month high of $176.69. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.10. The firm has a market cap of $3.15 billion, a P/E ratio of 58.23, a price-to-earnings-growth ratio of 0.53 and a beta of 1.57.
ArcBest (NASDAQ:ARCB – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The transportation company reported $2.38 EPS for the quarter, beating the consensus estimate of $2.26 by $0.12. The firm had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.17 billion. ArcBest had a return on equity of 6.15% and a net margin of 1.38%.The company’s revenue was up 15.9% on a year-over-year basis. During the same period in the prior year, the company earned $1.36 EPS. Equities analysts anticipate that ArcBest Corporation will post 6.62 EPS for the current fiscal year.
ArcBest Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Friday, August 21st. Shareholders of record on Friday, August 7th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, August 7th. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. ArcBest’s dividend payout ratio (DPR) is 19.75%.
Wall Street Analyst Weigh In Several research firms recently commented on ARCB. Truist Financial raised their price objective on shares of ArcBest from $145.00 to $165.00 and gave the stock a “buy” rating in a report on Wednesday, July 15th. Citigroup started coverage on shares of ArcBest in a report on Wednesday, July 15th. They set a “market outperform” rating on the stock. JPMorgan Chase & Co. increased their target price on ArcBest from $117.00 to $147.00 and gave the stock a “neutral” rating in a research report on Monday, June 8th. Stifel Nicolaus raised their price target on ArcBest from $134.00 to $176.00 and gave the stock a “buy” rating in a report on Tuesday, July 21st. Finally, Wells Fargo & Company lifted their target price on ArcBest from $130.00 to $150.00 and gave the company an “equal weight” rating in a report on Friday, June 5th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $155.62.
View Our Latest Stock Analysis on ArcBest
Key Stories Impacting ArcBest Here are the key news stories impacting ArcBest this week:
Positive Sentiment: ArcBest reported second-quarter adjusted earnings of $2.38 per share, above analyst estimates of roughly $2.26-$2.30 and well ahead of $1.36 a year earlier. Revenue rose 15.9% year over year to approximately $1.18 billion, slightly exceeding or matching consensus expectations. ArcBest quarterly earnings report Positive Sentiment: The company expects its restructuring program to produce approximately $40 million in annualized cost savings once it reaches a full run rate by the first quarter of 2027. Those savings could support margins and earnings if freight demand remains stable. ArcBest restructuring cost savings Neutral Sentiment: Analysts and financial coverage highlighted the strong year-over-year earnings improvement and revenue growth, while noting that the quarter’s key operating metrics were broadly in line with expectations. Investors will likely focus on freight volumes, pricing and execution of the restructuring plan. ARCB versus JBHT valuation comparison Negative Sentiment: ArcBest reported a second-quarter loss on a GAAP basis, primarily because of restructuring costs. The company’s 1.38% net margin and 6.15% return on equity also underscore the limited current profitability, which may have outweighed the adjusted EPS beat. ArcBest reports second-quarter loss Negative Sentiment: The earnings release followed a substantial 2026 rally, raising the bar for results. With the stock trading at a relatively elevated earnings multiple, investors may be taking profits and demanding clearer evidence that restructuring savings will translate into sustained margin expansion. About ArcBest (Free Report)
ArcBest Corporation (NASDAQ: ARCB) is a transportation and logistics company that offers comprehensive freight and supply chain solutions across North America. Founded in 1923 as Arkansas Best Freight System, the company has evolved into a diversified service provider with both asset-based and asset-light operations. Its core businesses include less-than-truckload (LTL) shipping through ABF Freight, expedited full-truckload services via Panther Premium Logistics, and a range of logistics and supply chain management services under its ArcBest Integrated Logistics division.
The company’s asset-based operations also encompass FleetNet America, a provider of emergency roadside assistance and maintenance services for heavy-duty vehicles.
See Also Five stocks we like better than ArcBest Why SK hynix Could Be the Best AI Chip Stock to Buy Now Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead? Why Bloom Energy May Be the Most Important AI Infrastructure Stock Want to see what other hedge funds are holding ARCB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ArcBest Corporation (NASDAQ:ARCB – Free Report).
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ArcBest Corporation (ARCB) Q2 2026 Earnings Call July 29, 2026 9:30 AM EDT
Company Participants
Amy Mendenhall - Vice President of Treasury & Investor Relations
Seth Runser - President, CEO & Director
Matt Beasley - Chief Financial Officer
Eddie Sorg
Matthew Godfrey - President of ABF Freight
Conference Call Participants
Brian Ossenbeck - JPMorgan Chase & Co, Research Division
Ravi Shanker - Morgan Stanley, Research Division
Christian Wetherbee - Wells Fargo Securities, LLC, Research Division
Jason Seidl - TD Cowen, Research Division
Jordan Alliger - Goldman Sachs Group, Inc., Research Division
Scott Group - Wolfe Research, LLC
J. Bruce Chan - Stifel, Nicolaus & Company, Incorporated, Research Division
Ken Hoexter - BofA Securities, Research Division
Stephanie Benjamin Moore - Jefferies LLC, Research Division
Jeffrey Kauffman - Citizens JMP Securities, LLC, Research Division
Presentation
Operator
Good morning, and thank you for standing by. Welcome to the ArcBest Second Quarter 2026 Earnings Conference Call. [Operator Instructions] As a reminder, this call is being recorded.
I will now turn it over to Amy Mendenhall, Vice President, Treasury and Investor Relations. Please go ahead.
Amy Mendenhall
Vice President of Treasury & Investor Relations
Good morning. I'm here today with Seth Runser, our President and CEO; and Matt Beasley, our Chief Financial Officer. Other members of our executive leadership team will also be available during the Q&A session. Before we begin, please note that some of the comments we make today will include forward-looking statements. These statements are subject to risks and uncertainties, which are detailed in the forward-looking statements section of our earnings release and SEC filing. To provide meaningful comparisons, we will also discuss certain non-GAAP financial measures that are outlined and described in the tables of our earnings release. Reconciliations of GAAP to non-GAAP measures are provided in the additional information section of the presentation slides. You can access the conference call slide deck on our website at arcb.com in our 8-K filed earlier this morning
ArcBest (ARCB - Free Report) reported $1.18 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 15.9%. EPS of $2.38 for the same period compares to $1.36 a year ago.
The reported revenue represents a surprise of -0.79% over the Zacks Consensus Estimate of $1.19 billion. With the consensus EPS estimate being $2.30, the EPS surprise was +3.48%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how ArcBest performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Asset-Based - Billed Revenue / CWT: $50.58 versus $51.01 estimated by two analysts on average.Asset-Based - Billed Revenue / Shipment: $605.24 compared to the $610.51 average estimate based on two analysts.Asset-Light - Operating Ratio: 107.1% versus 99.6% estimated by two analysts on average.Asset-Based - Shipments / Day: 20,456.00 Tons versus 20,787.87 Tons estimated by two analysts on average.Asset-Based - Operating Ratio: 90.5% versus 91.8% estimated by two analysts on average.Asset-Based - Workdays: 64 versus the two-analyst average estimate of 64.Asset-Based - Weight / Shipment: 1,197.00 lbs versus the two-analyst average estimate of 1,196.83 lbs.Asset-Based - Tonnage / Day: 12,240.00 Ton versus 12,439.79 Ton estimated by two analysts on average.Asset-Light - Operating Ratio (Non-GAAP): 98.6% versus the two-analyst average estimate of 99.2%.Revenues- Asset-Based: $783.67 million compared to the $794.76 million average estimate based on three analysts. The reported number represents a change of +9.9% year over year.Revenues- Asset-Light: $438.71 million compared to the $431.23 million average estimate based on three analysts. The reported number represents a change of +28.3% year over year.Revenues- Other and eliminations: $-37.84 million compared to the $-32.49 million average estimate based on two analysts. The reported number represents a change of +14.8% year over year.View all Key Company Metrics for ArcBest here>>>
Shares of ArcBest have returned +4.1% over the past month versus the Zacks S&P 500 composite's +1.9% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.
These 3 Stocks Have Soared in 2026—Can They Keep Climbing?ArcBest NASDAQ: ARCB reported higher second-quarter revenue, operating income and adjusted earnings as the logistics company cited stronger pricing, a heavier freight mix, growth in Managed Solutions and productivity gains across its operations.
Second-quarter revenue totaled $1.2 billion, up 16% from a year earlier. Non-GAAP operating income rose to $74 million from $45 million in the second quarter of 2025, while adjusted earnings per share increased to $2.38 from $1.36.
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XPO Keeps Reaching New Highs: Markets Love the StockPresident and Chief Executive Officer Seth Runser said the results reflected “disciplined pricing, growth in tonnage from a heavier freight profile, and efficiency gains.” He said industry capacity has tightened as truckload supply exits the market, contributing to modest LTL volume gains, though the company has not yet seen a broad-based recovery in industrial demand.
Restructuring Expected to Save $40 Million Annually ArcBest announced organizational and operating changes intended to simplify its commercial structure, consolidate brands, streamline parts of its organization and close select service centers in smaller markets. The company is also discontinuing its Vaux freight movement system.
Analyst Upgrades Drive Old Dominion Freight Line 13.49% HigherThe affected facilities represent about 1% of total doors in the ABF Freight network, with operations set to be absorbed by nearby locations. Runser said ArcBest still has about 8% more doors than it had in 2021, following investments in strategic markets.
The company expects the initiatives to generate about $40 million in annualized cost savings. Chief Financial Officer Matt Beasley said ArcBest recognized about $2 million of savings in the second quarter and expects approximately $6 million in the third quarter. The company expects to reach the full $10 million quarterly run rate by the first quarter of 2027.
About 75% of the $40 million in savings is associated with the asset-based business. About $8 million is tied to the asset-light business. Roughly $2 million is associated with the Vaux operation. Beasley said the initiatives support, rather than add to, the company’s 2028 Investor Day targets. The company recorded $76.5 million in second-quarter non-cash impairment charges tied to the Panther trade name and Vaux equipment and other assets. It also recorded an $8.8 million non-cash impairment related to office space in its asset-light segment.
ArcBest expects to incur another $6 million to $7 million in cash costs, primarily for severance, employee benefits and Vaux equipment disposal, with most of those costs expected in the third quarter.
Asset-Based Operations Improve Margins Revenue in the asset-based segment was $784 million, up 10% per day from the prior year. ABF’s adjusted operating ratio improved to 90.8%, a 200-basis-point year-over-year improvement and a 650-basis-point sequential improvement.
Daily tonnage increased 5% as weight per shipment rose 8%, partially offset by a 3% decline in shipments per day. Billed revenue per shipment increased 13%, while revenue per hundredweight rose 4%, primarily due to higher fuel surcharge revenue.
Management said the company’s expanding digital quote pool is providing greater ability to select freight that is operationally efficient and profitable. Runser said the company is seeing more shipments weighing more than 10,000 pounds as truckload capacity tightens, though he characterized the trend as still early.
In July, asset-based daily tonnage increased 8% year over year, driven by an 11% increase in weight per shipment and partly offset by a 3% decline in shipments per day. Billed revenue per shipment rose 10%, while billed revenue per hundredweight declined 1%. Excluding fuel surcharge revenue, revenue per hundredweight fell in the low single digits, which management attributed primarily to changes in freight mix.
ArcBest expects the asset-based segment’s adjusted operating ratio in the third quarter to be generally in line with its second-quarter level. The outlook assumes lower fuel surcharge revenue, partly offset by anticipated savings from the restructuring actions.
Managed Solutions Supports Asset-Light Results Asset-light revenue was $439 million in the second quarter, up 28% per day from a year earlier. Shipments per day increased 15%, led by record daily shipments in Managed Solutions, while revenue per shipment increased 12% amid higher rates, tighter capacity and increased fuel costs.
Asset-light non-GAAP operating income totaled $6 million, improving by $5 million from the prior-year period. Selling, general and administrative expense per shipment declined 12%, and shipments per person per day increased 35% to another record, according to the company.
For July, asset-light daily revenue rose about 28% year over year, as revenue per shipment increased 19% and shipments per day grew 7%. ArcBest expects third-quarter asset-light non-GAAP operating income of approximately $6 million to $8 million.
Runser said Managed Solutions is benefiting from a strong pipeline and demand for integrated logistics support. He also said tightening truckload capacity has helped demand and margins in expedited services, while enterprise customers increasingly seek shorter-term pricing arrangements and mini-bids to manage spot-market exposure.
Digital Platform and Capacity Positioning During the quarter, ArcBest launched ArcBest View, a digital logistics platform that combines quoting, booking, shipment visibility and reporting. Runser said customer engagement with the platform is growing and that it could improve customer experience, digital adoption and internal productivity.
The company is also deploying artificial intelligence in areas including city route optimization and capacity sourcing. Runser said these applications are already generating productivity benefits.
Management said ArcBest has approximately 15% to 20% excess capacity, based on its assessment of people, equipment and facilities. Runser said the company has invested in its fleet and network through the freight downturn and believes it is positioned to respond if demand improves.
While management cited encouraging manufacturing indicators and tightening truckload capacity, Runser said end-market conditions remain mixed. Construction related to AI build-outs and recreational vehicles were areas of relative strength, while housing-related activity remained weak and apparel and consumer demand had not shown significant improvement.
About ArcBest (NASDAQ:ARCB)ArcBest Corporation NASDAQ: ARCB is a transportation and logistics company that offers comprehensive freight and supply chain solutions across North America. Founded in 1923 as Arkansas Best Freight System, the company has evolved into a diversified service provider with both asset-based and asset-light operations. Its core businesses include less-than-truckload (LTL) shipping through ABF Freight, expedited full-truckload services via Panther Premium Logistics, and a range of logistics and supply chain management services under its ArcBest Integrated Logistics division.
The company's asset-based operations also encompass FleetNet America, a provider of emergency roadside assistance and maintenance services for heavy-duty vehicles.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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ArcBest (ARCB - Free Report) came out with quarterly earnings of $2.38 per share, beating the Zacks Consensus Estimate of $2.3 per share. This compares to earnings of $1.36 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +3.48%. A quarter ago, it was expected that this freight transportation and logistics company would post earnings of $0.27 per share when it actually produced earnings of $0.32, delivering a surprise of +18.52%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
ArcBest, which belongs to the Zacks Transportation - Truck industry, posted revenues of $1.18 billion for the quarter ended June 2026, missing the Zacks Consensus Estimate by 0.79%. This compares to year-ago revenues of $1.02 billion. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
ArcBest shares have added about 101.5% since the beginning of the year versus the S&P 500's gain of 8.5%.
What's Next for ArcBest?While ArcBest has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for ArcBest was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.34 on $1.2 billion in revenues for the coming quarter and $6.62 on $4.51 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Transportation - Truck is currently in the top 3% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Heartland Express (HTLD - Free Report) , is yet to report results for the quarter ended June 2026.
This trucking and logistics company is expected to post break-even quarterly earnings per share in its upcoming report, which represents a year-over-year change of +100%. The consensus EPS estimate for the quarter has been revised 137.5% higher over the last 30 days to the current level.
Heartland Express' revenues are expected to be $189.59 million, down 9.9% from the year-ago quarter.
FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, announced financial results for the second quarter ended June 30, 2026. Second quarter 2026 revenue totaled $1.2 billion, compared to $1.0 billion in the prior-year period. Net loss was $13.8 million, or $0.62 per diluted share, versus net income of $25.8 million, or $1.12 per diluted share, in the second quarter of 2025. On a non-GAAP basis, net income was $53.6 million, or $2.38 per diluted share,.
Key Takeaways ArcBest's Q2 earnings estimate implies 69.1% growth, while revenues are projected to rise 16.8%. Tightening truckload capacity and expanding manufacturing support a stronger pricing environment for ARCB.ArcBest's technology and training initiatives are generating annualized cost savings that may aid margins. ArcBest Corporation (ARCB - Free Report) is scheduled to report second-quarter 2026 results on July 29, before the market opens.
The Zacks Consensus Estimate for ARCB’s second-quarter 2026 earnings is currently pegged at $2.3 per share, indicating an uptick of 62 cents in the past 60 days. The consensus mark implies a 69.1% upward movement from the year-ago actual.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for ARCB’s second-quarter 2026 revenues is currently pegged at $1.2 billion. The consensus mark implies a 16.8% upward movement from the year-ago actual.
For full-year 2026, the Zacks Consensus Estimate for ARCB’s revenues is pegged at $4.51 billion, implying an increase of 12.5% year over year. The consensus mark for full-year EPS is pinned at $6.62, calling for a 78.9% year-over-year expansion. Moreover, the consensus mark for 2026 EPS points to a 25.1% upward revision over the past 60 days.
ARCB’s earnings beat the Zacks Consensus Estimate in two of the trailing four quarters (missing the mark twice). The average miss is 0.8%.
Factors at Play Ahead of ARCB's Q2 ResultsWe expect the company’s second-quarter 2026 results to benefit from the improving freight scenario. Truckload capacity has been tightening as carriers exit the industry, while manufacturing indicators have moved into expansion. That backdrop has been helping create a more supportive pricing environment for ArcBest.
The Zacks Consensus Estimate for second-quarter Asset-Based revenues is currently pegged at $795 million, highlighting a 21.4% increase from the first-quarter 2026 actuals. The Zacks Consensus Estimate for second-quarter Asset-Light revenues is currently pegged at $431 million, highlighting a 14% increase from the first-quarter 2026 actuals.
Technology is central to the margin story. ArcBest’s continuous improvement training has reached the majority of its network and has been generating annualized cost savings. This trend is likely to have continued in the second quarter and aided bottom-line performance. However, geopolitical woes and macro risks may dent results.
What Our Model Says About ARCBOur proven model does not conclusively predict an earnings beat for ArcBest this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. This is not the case here.
You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
ARCB has an Earnings ESP of -0.33% and a Zacks Rank #1.
Highlights of ARCB’s Q1 EarningsArcBest reported impressive first-quarter 2026 results, wherein both earnings and revenues beat the Zacks Consensus Estimate. Quarterly earnings per share (excluding 37 cents from non-recurring items) of 32 cents beat the Zacks Consensus Estimate of 27 cents but declined 37.3% year over year.
Revenues of $998.8 million marginally outpaced the Zacks Consensus Estimate and grew 3.3% year over year. Operating cash flow during the quarter was $8.5 million. The company returned more than $10 million through a combination of share repurchases ($7.4 million) and dividends ($2.7 million) in the March quarter. It exited the quarter with cash & short-term investments of $86.4 million.
Stocks to ConsiderInvestors may consider the following players from the same sector, as these have the right combination of elements to post an earnings beat this reporting cycle.
Allegiant Travel (ALGT - Free Report) has an Earnings ESP of +34.29% and a Zacks Rank #2. Impressive air travel demand is expected to aid the carrier’s second-quarter results. You can see the complete list of today’s Zacks #1 Rank stocks here.
Allegiant is scheduled to report results on Aug. 4. ALGT’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters (missing the mark once). The average beat is 21.9%.
United Parcel Service's (UPS - Free Report) second-quarter results are likely to reflect its focus on improving profitability over sheer volume. Under the cost-cutting initiatives, UPS has substantially reduced its U.S. operational workforce and closed daily operations at multiple leased and owned buildings. Moreover, UPS has been focusing on increasing automation in sorting and operations, and leveraging AI for logistics planning to boost efficiency.
UPS is scheduled to release second-quarter results on July 28. The company's earnings surpassed the Zacks Consensus Estimate in three of the last four quarters (missing the mark once), with the average beat being 10.6%. The company has an Earnings ESP of +1.06% and a Zacks Rank of 3.
The Board of Directors of ArcBest (Nasdaq: ARCB) has declared a quarterly cash dividend of twelve cents ($0.12) per share to holders of record of its Common
FORT SMITH, Ark.--(BUSINESS WIRE)--The Board of Directors of ArcBest® (Nasdaq: ARCB) has declared a quarterly cash dividend of twelve cents ($0.12) per share to holders of record of its Common Stock, $0.01 par value, on August 7, 2026, payable on August 21, 2026. ABOUT ARCBEST ArcBest® (Nasdaq: ARCB) is a multibillion-dollar integrated logistics company that helps keep the global supply chain moving. Founded in 1923 and now with 14,000 employees across 250 campuses and service centers, the comp.
The Transportation group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has ArcBest (ARCB - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
ArcBest is a member of our Transportation group, which includes 110 different companies and currently sits at #1 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. ArcBest is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for ARCB's full-year earnings has moved 39.3% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, ARCB has gained about 114.8% so far this year. In comparison, Transportation companies have returned an average of 18.2%. This means that ArcBest is performing better than its sector in terms of year-to-date returns.
Another stock in the Transportation sector, JB Hunt (JBHT - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 50.4%.
In JB Hunt's case, the consensus EPS estimate for the current year increased 6.4% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Breaking things down more, ArcBest is a member of the Transportation - Truck industry, which includes 12 individual companies and currently sits at #7 in the Zacks Industry Rank. This group has gained an average of 49.1% so far this year, so ARCB is performing better in this area. JB Hunt is also part of the same industry.
ArcBest and JB Hunt could continue their solid performance, so investors interested in Transportation stocks should continue to pay close attention to these stocks.
Wall Street expects a year-over-year increase in earnings on higher revenues when ArcBest (ARCB - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 29. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis freight transportation and logistics company is expected to post quarterly earnings of $2.18 per share in its upcoming report, which represents a year-over-year change of +60.3%.
Revenues are expected to be $1.19 billion, up 16.8% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 8.96% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for ArcBest?For ArcBest, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +9.76%.
On the other hand, the stock currently carries a Zacks Rank of #1.
So, this combination indicates that ArcBest will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that ArcBest would post earnings of $0.27 per share when it actually produced earnings of $0.32, delivering a surprise of +18.52%.
Over the last four quarters, the company has beaten consensus EPS estimates two times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
ArcBest appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerWerner Enterprises (WERN - Free Report) , another stock in the Zacks Transportation - Truck industry, is expected to report earnings per share of $0.22 for the quarter ended June 2026. This estimate points to a year-over-year change of +100%. Revenues for the quarter are expected to be $932.4 million, up 23.8% from the year-ago quarter.
Over the last 30 days, the consensus EPS estimate for Werner has been revised 6.6% up to the current level. Nevertheless, the company now has an Earnings ESP of +4.35%, reflecting a higher Most Accurate Estimate.
When combined with a Zacks Rank of #2 (Buy), this Earnings ESP indicates that Werner will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates two times.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Key Takeaways Softer June CPI renewed focus on discounted PEG value stocks with solid long-term earnings prospects.Invesco, Aveanna, COPEL and ArcBest met PEG-based screening criteria for value investors.ArcBest offers a 37.7% five-year expected growth rate among the highlighted value picks. The softer-than-expected June Consumer Price Index (CPI) report strengthened expectations that the Federal Reserve could begin easing monetary policy later this year, helping support broader equity markets. However, policymakers have continued to emphasize a data-dependent approach, while ongoing geopolitical tensions and an uneven global economic outlook have kept investors cautious despite improving inflation trends.
At the same time, the powerful rally in several artificial intelligence and high-growth technology stocks has widened valuation gaps across the market. While these companies continue to command premium multiples, many fundamentally sound businesses across traditional sectors remain available at more reasonable valuations despite maintaining stable cash flows and solid long-term earnings prospects. This environment has renewed interest in value investing as investors seek opportunities that can offer downside protection alongside sustainable long-term returns.
This backdrop has created selective opportunities in fundamentally strong but overlooked businesses, making value investing increasingly attractive for investors seeking downside protection alongside sustainable earnings growth. As soon as other investors start selling their stocks at a cheaper rate in times of market uncertainty, value investors take this as an opportunity to pick good stocks at a discounted price.
Several stocks that have surged significantly in the recent past have shown the overwhelming success of this pure-play investment strategy. Here, we discuss four such stocks - Invesco Ltd. (IVZ - Free Report) , Aveanna Healthcare (AVAH - Free Report) , Companhia Paranaense de Energia (ELPC - Free Report) - COPEL and ArcBest (ARCB - Free Report) .
However, this apparently simple value investment technique has some drawbacks and not understanding the strategy properly may often lead to “value traps.” In such a situation, these value picks start to underperform over the long run as the temporary problems, which once drove the share price down, turn out to be persistent.
There are many value investment yardsticks, such as dividend yield, P/E or P/B, which are simple and can single out whether a stock is trading at a discount.
However, for investors looking to escape such value traps, it is also vital to determine where the stock would be headed in the next 12 to 24 months. Warren Buffett advises these investors to focus on the earnings growth potential of a stock. This is where lies the importance of a not-so-popular value investing metric, the PEG ratio.
PEG Ratio at a GlanceThe PEG ratio is defined as (Price/ Earnings)/Earnings Growth Rate
A low PEG ratio is always better for value investors.
While P/E alone fails to identify a true value stock, PEG helps find the intrinsic value of a stock.
There are some drawbacks to using the PEG ratio. It doesn’t consider the very common situation of changing growth rates, such as the forecast of the first three years at a very high growth rate, followed by a sustainable but lower growth rate over the long term.
Hence, PEG-based investing can turn out to be even more rewarding if some other relevant parameters are also taken into consideration.
Here are some of the screening criteria for a winning strategy:
PEG Ratio less than X Industry Median
P/E Ratio (using F1) less than X Industry Median (for more accurate valuation purposes)
Zacks Rank #1 (Strong Buy) or 2 (Buy) (Whether good market conditions or bad, stocks with a Zacks Rank #1 or 2 have a proven history of success.)
Market Capitalization greater than $1 billion (This helps us to focus on companies that have strong liquidity.)
Average 20-Day Volume greater than 50,000 (A substantial trading volume ensures that the stock is easily tradable.)
Percentage Change F1 Earnings Estimate Revisions (4 Weeks) greater than 5% (Upward estimate revisions add to the optimism, suggesting further bullishness.)
Value Score of less than or equal to B: Our research shows that stocks with a Style Score of A or B when combined with a Zacks Rank #1, 2 or 3 (Hold) offer the best upside potential.
Our PEG-Driven PicksHere are four stocks that qualified the screening:
Invesco: It is a global independent investment manager offering active, passive and alternative investment strategies across equities, fixed income, ETFs, private markets and multi-asset solutions. Headquartered in Atlanta, GA, the company manages $2.16 trillion in assets (as of March 31, 2026) and serves clients in more than 120 countries.
IVZ currently has a Zacks Rank #2 and a Value Score of A. Invesco also has an impressive five-year expected growth rate of 22%. You can see the complete list of today’s Zacks #1 Rank stocks here.
Aveanna: The company provides a broad range of home-based healthcare services across the United States, serving pediatric and adult patients through its Private Duty Services, Home Health & Hospice, and Medical Solutions businesses. Its offerings include skilled nursing, therapy and personal care designed to improve patient outcomes while reducing institutional care.
AVAH currently has a Zacks Rank #2 and a Value Score of A. Aveanna also has an impressive five-year expected growth rate of 14.9%.
COPEL: This is a leading Brazilian electric utility engaged in electricity generation, transmission, distribution and energy commercialization. COPEL primarily generates power from hydroelectric and wind sources while also constructing, operating and maintaining transmission lines and substations to serve customers across Brazil.
Apart from a discounted PEG and P/E, ELPC currently has a Zacks Rank #2 and a Value Score of B. COPEL has a long-term expected growth rate of 16%.
ArcBest: This is an integrated logistics company providing less-than-truckload transportation through ABF Freight and a broad portfolio of asset-light services, including truckload brokerage, managed transportation, intermodal, warehousing and international shipping. Headquartered in Fort Smith, AR, the company serves diverse industries through its Asset-Based and Asset-Light operating segments.
ARCB has a Zacks Rank #1 and a Value Score of B. ArcBest also has an impressive five-year expected growth rate of 37.7%.
Bessemer Group Inc. increased its stake in shares of ArcBest Corporation (NASDAQ:ARCB – Free Report) by 44.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64,931 shares of the transportation company’s stock after purchasing an additional 20,073 shares during the quarter. Bessemer Group Inc. owned approximately 0.29% of ArcBest worth $6,387,000 as of its most recent SEC filing.
A number of other institutional investors also recently added to or reduced their stakes in ARCB. Vanguard Group Inc. raised its holdings in ArcBest by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 2,451,162 shares of the transportation company’s stock worth $181,852,000 after purchasing an additional 6,808 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of ArcBest by 0.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,349,439 shares of the transportation company’s stock worth $100,117,000 after buying an additional 7,816 shares during the last quarter. Invesco Ltd. grew its position in shares of ArcBest by 625.4% in the 4th quarter. Invesco Ltd. now owns 920,498 shares of the transportation company’s stock worth $68,292,000 after buying an additional 793,607 shares during the last quarter. Turtle Creek Asset Management Inc. bought a new position in shares of ArcBest during the 3rd quarter worth approximately $39,508,000. Finally, Jacobs Levy Equity Management Inc. raised its stake in shares of ArcBest by 4.9% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 520,886 shares of the transportation company’s stock worth $36,394,000 after acquiring an additional 24,102 shares in the last quarter. Institutional investors own 99.27% of the company’s stock.
Key Headlines Impacting ArcBest Here are the key news stories impacting ArcBest this week:
Positive Sentiment: Zacks said earnings estimate revisions for ArcBest are trending higher, which often supports a stronger stock price when analysts expect improving profitability. Earnings Estimates Rising for ArcBest (ARCB): Will It Gain? Positive Sentiment: Truist reportedly raised its price target on ArcBest to $165, and Citizens JMP initiated coverage, adding to the bullish analyst backdrop. ArcBest (NASDAQ:ARCB) Given New $165.00 Price Target at Truist Financial Positive Sentiment: ArcBest announced a simplified brand structure and operational streamlining, with MoLo Solutions, Panther Premium Logistics, and ArcBest Technologies consolidating under the ArcBest name, a move aimed at long-term growth and efficiency. ArcBest Simplifies Brand Structure and Streamlines Operations to Drive Long-Term Growth and Efficiency Positive Sentiment: The company also plans to reduce about 2% of its workforce and close 10 LTL terminals, which could lower costs and improve margins if execution goes well. ArcBest to Consolidate Brands, Cut About 2% of Workforce Neutral Sentiment: Momentum-focused coverage noted that ArcBest has gained about 5.34% over the past week, reinforcing recent trader interest but not adding a new fundamental catalyst. ArcBest (ARCB) Is Up 5.34% in One Week: What You Should Know Neutral Sentiment: Zacks also highlighted ArcBest as a fast-paced momentum stock that may still be reasonably valued, which supports the stock’s current trading interest. ArcBest (ARCB) Shows Fast-paced Momentum But Is Still a Bargain Stock ArcBest Price Performance ARCB stock opened at $159.81 on Monday. The stock has a market capitalization of $3.56 billion, a PE ratio of 65.77, a price-to-earnings-growth ratio of 0.66 and a beta of 1.57. ArcBest Corporation has a 52 week low of $59.43 and a 52 week high of $176.69. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.10. The firm has a 50 day moving average of $142.59 and a 200 day moving average of $114.88.
ArcBest (NASDAQ:ARCB – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The transportation company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.05. ArcBest had a net margin of 1.38% and a return on equity of 6.15%. The business had revenue of $998.79 million for the quarter, compared to analyst estimates of $999.07 million. During the same quarter in the prior year, the business posted $0.51 EPS. ArcBest’s revenue for the quarter was up 3.3% compared to the same quarter last year. Sell-side analysts forecast that ArcBest Corporation will post 6.38 earnings per share for the current year.
ArcBest Announces Dividend The company also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Friday, May 8th were paid a $0.12 dividend. The ex-dividend date was Friday, May 8th. This represents a $0.48 dividend on an annualized basis and a yield of 0.3%. ArcBest’s dividend payout ratio (DPR) is 19.75%.
Analyst Upgrades and Downgrades Several brokerages have weighed in on ARCB. Stifel Nicolaus raised their target price on shares of ArcBest from $116.00 to $134.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. The Goldman Sachs Group upped their price target on ArcBest from $117.00 to $165.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. JPMorgan Chase & Co. increased their price objective on ArcBest from $117.00 to $147.00 and gave the company a “neutral” rating in a report on Monday, June 8th. Zacks Research raised ArcBest from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 30th. Finally, Truist Financial boosted their target price on ArcBest from $145.00 to $165.00 and gave the stock a “buy” rating in a research note on Wednesday, July 15th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, ArcBest currently has a consensus rating of “Moderate Buy” and an average price target of $151.85.
Read Our Latest Stock Report on ArcBest
About ArcBest (Free Report)
ArcBest Corporation (NASDAQ: ARCB) is a transportation and logistics company that offers comprehensive freight and supply chain solutions across North America. Founded in 1923 as Arkansas Best Freight System, the company has evolved into a diversified service provider with both asset-based and asset-light operations. Its core businesses include less-than-truckload (LTL) shipping through ABF Freight, expedited full-truckload services via Panther Premium Logistics, and a range of logistics and supply chain management services under its ArcBest Integrated Logistics division.
The company’s asset-based operations also encompass FleetNet America, a provider of emergency roadside assistance and maintenance services for heavy-duty vehicles.
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ArcBest Corporation (NASDAQ:ARCB – Get Free Report)’s stock price rose 5.4% during trading on Thursday after Truist Financial raised their price target on the stock from $145.00 to $165.00. Truist Financial currently has a buy rating on the stock. ArcBest traded as high as $156.66 and last traded at $155.5030. 13,825 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 367,386 shares. The stock had previously closed at $147.47.
Several other brokerages also recently weighed in on ARCB. Wells Fargo & Company upped their target price on ArcBest from $130.00 to $150.00 and gave the stock an “equal weight” rating in a research report on Friday, June 5th. Wall Street Zen upgraded ArcBest from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Bank of America boosted their price target on ArcBest from $138.00 to $160.00 and gave the stock a “neutral” rating in a research report on Friday, June 5th. Citigroup began coverage on ArcBest in a report on Wednesday. They issued a “market outperform” rating for the company. Finally, The Goldman Sachs Group increased their price objective on shares of ArcBest from $117.00 to $165.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $151.85.
Check Out Our Latest Report on ArcBest
Key ArcBest News Here are the key news stories impacting ArcBest this week:
Positive Sentiment: ArcBest announced a simplified brand structure, consolidating MoLo Solutions, Panther Premium Logistics and ArcBest Technologies under the ArcBest name starting Aug. 1, a move aimed at improving efficiency and long-term growth. Article Title Positive Sentiment: The company also announced broader operational streamlining, including cutting about 2% of its workforce and eliminating certain open roles, which could support margins and earnings power if execution goes well. Article Title Positive Sentiment: Truist raised its price target on ArcBest to $165 from $145 and kept a buy rating, while Citizens JMP initiated coverage with a $180 target and outperform rating, signaling analyst confidence in the company’s outlook. Article Title Neutral Sentiment: Recent screening and commentary from Zacks highlighted ArcBest’s strong momentum and relatively attractive valuation, reinforcing the view that investor expectations have improved. Article Title Negative Sentiment: The workforce reduction and terminal closures indicate ArcBest is still facing pressure to reduce costs and reorganize parts of its less-than-truckload network, which may reflect a tougher operating backdrop. Article Title Institutional Trading of ArcBest A number of hedge funds and other institutional investors have recently modified their holdings of ARCB. Federated Hermes Inc. lifted its stake in shares of ArcBest by 126.6% in the fourth quarter. Federated Hermes Inc. now owns 1,015 shares of the transportation company’s stock worth $75,000 after acquiring an additional 567 shares in the last quarter. Hantz Financial Services Inc. boosted its holdings in ArcBest by 507.6% in the fourth quarter. Hantz Financial Services Inc. now owns 1,118 shares of the transportation company’s stock valued at $83,000 after purchasing an additional 934 shares during the last quarter. Canada Pension Plan Investment Board acquired a new stake in ArcBest during the 2nd quarter valued at approximately $85,000. Assetmark Inc. grew its stake in ArcBest by 5,940.0% during the 4th quarter. Assetmark Inc. now owns 1,208 shares of the transportation company’s stock valued at $90,000 after purchasing an additional 1,188 shares in the last quarter. Finally, KBC Group NV increased its holdings in ArcBest by 69.4% during the 4th quarter. KBC Group NV now owns 1,299 shares of the transportation company’s stock worth $96,000 after purchasing an additional 532 shares during the last quarter. 99.27% of the stock is owned by hedge funds and other institutional investors.
ArcBest Stock Up 6.9% The firm has a fifty day simple moving average of $141.81 and a 200-day simple moving average of $114.30. The company has a market capitalization of $3.51 billion, a PE ratio of 64.86, a P/E/G ratio of 0.64 and a beta of 1.57. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.93 and a current ratio of 0.93.
ArcBest (NASDAQ:ARCB – Get Free Report) last released its earnings results on Tuesday, April 28th. The transportation company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.27 by $0.05. ArcBest had a return on equity of 6.15% and a net margin of 1.38%.The company had revenue of $998.79 million during the quarter, compared to analysts’ expectations of $999.07 million. During the same period in the prior year, the business posted $0.51 EPS. The business’s revenue was up 3.3% on a year-over-year basis. Equities research analysts anticipate that ArcBest Corporation will post 6.11 EPS for the current fiscal year.
ArcBest Announces Dividend The business also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Friday, May 8th were issued a $0.12 dividend. The ex-dividend date of this dividend was Friday, May 8th. This represents a $0.48 annualized dividend and a yield of 0.3%. ArcBest’s dividend payout ratio is currently 19.75%.
ArcBest Company Profile (Get Free Report)
ArcBest Corporation (NASDAQ: ARCB) is a transportation and logistics company that offers comprehensive freight and supply chain solutions across North America. Founded in 1923 as Arkansas Best Freight System, the company has evolved into a diversified service provider with both asset-based and asset-light operations. Its core businesses include less-than-truckload (LTL) shipping through ABF Freight, expedited full-truckload services via Panther Premium Logistics, and a range of logistics and supply chain management services under its ArcBest Integrated Logistics division.
The company’s asset-based operations also encompass FleetNet America, a provider of emergency roadside assistance and maintenance services for heavy-duty vehicles.
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Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.
Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.
Below, we take a look at ArcBest (ARCB - Free Report) , which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions.
It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. ArcBest currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.
You can see the current list of Zacks #1 Rank Stocks here >>>
Set to Beat the Market?Let's discuss some of the components of the Momentum Style Score for ARCB that show why this freight transportation and logistics company shows promise as a solid momentum pick.
A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area.
For ARCB, shares are up 5.34% over the past week while the Zacks Transportation - Truck industry is up 0.64% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 9.05% compares favorably with the industry's 7.29% performance as well.
While any stock can see its price increase, it takes a real winner to consistently beat the market. That is why looking at longer term price metrics -- such as performance over the past three months or year -- can be useful as well. Shares of ArcBest have increased 31.46% over the past quarter, and have gained 97.68% in the last year. On the other hand, the S&P 500 has only moved 7.33% and 21.58%, respectively.
Investors should also take note of ARCB's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now ARCB is averaging 371,161 shares for the last 20 days..
Earnings OutlookThe Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with ARCB.
Over the past two months, 5 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost ARCB's consensus estimate, increasing from $5.29 to $6.38 in the past 60 days. Looking at the next fiscal year, 5 estimates have moved upwards while there have been no downward revisions in the same time period.
Bottom LineTaking into account all of these elements, it should come as no surprise that ARCB is a #1 (Strong Buy) stock with a Momentum Score of B. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep ArcBest on your short list.
Investors might want to bet on ArcBest (ARCB - Free Report) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.
The upward trend in estimate revisions for this freight transportation and logistics company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- is principally built on this insight.
The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008.
For ArcBest, there has been strong agreement among the covering analysts in raising earnings estimates, which has helped push consensus estimates considerably higher for the next quarter and full year.
The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate:
12 Month EPS
Current-Quarter Estimate RevisionsFor the current quarter, the company is expected to earn $2.18 per share, which is a change of +60.3% from the year-ago reported number.
Over the last 30 days, the Zacks Consensus Estimate for ArcBest has increased 8.96% because one estimate has moved higher compared to no negative revisions.
Current-Year Estimate RevisionsFor the full year, the company is expected to earn $6.38 per share, representing a year-over-year change of +72.4%.
There has been an encouraging trend in estimate revisions for the current year as well. Over the past month, two estimates have moved up for ArcBest versus no negative revisions. This has pushed the consensus estimate 8.68% higher.
Favorable Zacks RankThe promising estimate revisions have helped ArcBest earn a Zacks Rank #1 (Strong Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500.
Bottom LineWhile strong estimate revisions for ArcBest have attracted decent investments and pushed the stock 9.1% higher over the past four weeks, further upside may still be left in the stock. So, you may consider adding it to your portfolio right away.
FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest announces simplified brand structure: MoLo Solutions, Panther Premium Logistics and ArcBest Technologies will become ArcBest effective Aug. 1.
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.
Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase, investors find themselves invested in shares that have limited to no upside or even a downside. So, betting on a stock just by looking at the traditional momentum parameters could be risky at times.
A safer approach could be investing in bargain stocks with recent price momentum. While the Zacks Momentum Style Score (part of the Zacks Style Scores system) helps identify great momentum stocks by paying close attention to trends in a stock's price or earnings, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced.
ArcBest (ARCB - Free Report) is one of the several great candidates that made it through the screen. While there are numerous reasons why this stock is a great choice, here are the most vital ones:
Investors' growing interest in a stock is reflected in its recent price increase. A price change of 1.1% over the past four weeks positions the stock of this freight transportation and logistics company well in this regard.
While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. ARCB meets this criterion too, as the stock gained 24.5% over the past 12 weeks.
Moreover, the momentum for ARCB is fast paced, as the stock currently has a beta of 1.57. This indicates that the stock moves 57% higher than the market in either direction.
Given this price performance, it is no surprise that ARCB has a Momentum Score of B, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.
In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped ARCB earn a Zacks Rank #1 (Strong Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Most importantly, despite possessing fast-paced momentum features, ARCB is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. ARCB is currently trading at 0.81 times its sales. In other words, investors need to pay only 81 cents for each dollar of sales.
So, ARCB appears to have plenty of room to run, and that too at a fast pace.
In addition to ARCB, there are several other stocks that currently pass through our 'Fast-Paced Momentum at a Bargain' screen. You may consider investing in them and start looking for the newest stocks that fit these criteria.
This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market.
However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies.
Click here to sign up for a free trial to the Research Wizard today.
One stock that might be an intriguing choice for investors right now is ArcBest Corporation (ARCB - Free Report) . This is because this security in the Transportation - Truck space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Transportation - Truck space as it currently has a Zacks Industry Rank of 15 out of nearly 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.
Meanwhile, ArcBest is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.
In fact, over the past month, current quarter estimates have risen from $2.01 per share to $2.19 per share, while current year estimates have risen from $5.87 per share to $6.11 per share. This has helped ARCB to earn a Zacks Rank #1 (Strong Buy), further underscoring the company’s solid position. You can see the complete list of today’s Zacks #1 Rank stocks here.
So, if you are looking for a decent pick in a strong industry, consider ArcBest. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.
Key Takeaways Finding the best Zacks Rank #1 (Strong Buy) momentum stocks to buy in July and throughout the second half.Buy surging supply chain logistics stock ARCB for EPS and revenue growth, value, and breakout potential. The stock market rebounded on Tuesday after June inflation data came in lower than projected. The light inflation print helped investors back off fears that the Fed might raise interest rates at the end of July.
Meanwhile, the big banks such as JPMorgan kicked off the second quarter earnings season in style. The Wall Street heavy hitters posted soaring earnings growth, fueled by IPOs, mergers and acquisitions, and trading activity.
Given this backdrop, investors likely want to keep buying stocks for what’s shaping up to be a strong second half of 2026, given the impressive outlook for earnings growth across all 16 Zacks industries.
It might be wise to buy stocks that have already proven themselves to be winners in the 2026 market conditions. The momentum stocks this screen puts on your radar have also seen strong upward earnings revisions, earning them a Zacks Rank #1 (Strong Buy) right now.
Let’s dive into how investors can find the best "Strong Buy" momentum stocks to buy in July as the second-quarter earnings season begins to heat up.
Screen Basics: Finding Top Momentum Stocks to BuyThe screen we are looking into today comes loaded with the Research Wizard. The screen helps investors dig through all of the Zacks Rank #1 (Strong Buy) stocks, of which there are over 200 at any given time, to find some of the top momentum names.
The screen narrows down the list of Zacks Rank #1 (Strong Buy) stocksto those with upward price momentum that are also trading within 20% of their 52-week highs. The screen then uses the PEG ratio and the Price to Sales ratio to help make sure investors are getting value as well. The screen then makes your life a little easier and narrows it down to just seven stock picks.
The screen basics are listed below…
· Zacks Rank = #1 (Strong Buy)
· Current Price/52-week High >= 0.8
· PEG Ratio: P/E F(1)/EPS Growth <= 1
· Price/Sales <= 3
· Percentage Change Price -12 Weeks = Top # 7
This strategy comes loaded with the Research Wizard and it is called bt_sow_momentum_method1 It can be found in the SoW (Screen of the Week) folder.
The screen is simple, yet powerful. Here is one of the seven stocks that made it through this week's screen…
Buy Soaring Logistics Stock ARCB or Growth, Value, and Breakout PotentialArcBest (ARCB - Free Report) is a major logistics and freight company that moves goods for businesses across the U.S. and globally. It offers less-than-truckload shipping, full truckload, expedited delivery, international transport, managed logistics, and beyond. Think of it as a one-stop shop that helps manufacturers, retailers, and others get products from factories or warehouses to stores or customers as efficiently as possible.
Image Source: Zacks Investment Research
ARCB is projected to bounce back after a tough post-Covid boom stretch, with its fiscal 2026 revenue projected to jump 13% YoY and another 7.4% next year to reach $4.85 billion. Better yet, it’s projected to grow its adjusted earnings per share by 65% in 2026 and 42% in FY27 to reach $8.68 a share, based on the most recent Zacks estimates.
ArcBest is expected to easily double its EPS between 2025 and 2027. Plus, there is room for even more upside, with its most accurate estimates for 2026 and 2027 coming in 23% above its already improved consensus estimates. ARCB’s overall upward earnings revision trend helps it earn its Zacks Rank #1 (Strong Buy).
Image Source: Zacks Investment Research
The dividend-paying logistics and transportation firm’s Transportation – Truck industry ranks in the top 6% of nearly 250 Zacks industries, which is critical since studies have shown that roughly half of a stock's price movement can be attributed to a stock's industry group. Better still, the top 50% of Zacks Ranked Industries outperforms the bottom 50% by a factor of more than 2 to 1.
ARCB stock has soared 100% YTD as part of a 750% run in the past decade to blow away its highly ranked industry’s 380%. The stock is holding its ground at its 50-day moving average and its previous 2024 highs. It transportation and logistics standout trades at a nearly 50% discount to its own peaks and 41% below its industry at 19.9X forward 12-month earnings.
Get the rest of the stocks on this list and start looking for the newest companies that fit these criteria. It's easy to do. And it could help you find your next big winner. Start screening for these companies today with a free trial to the Research Wizard. You can do it.
Click here to sign up for a free trial to the Research Wizard today.
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Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks’ portfolios and strategies are available at: www.zacks.com/performance_disclosure
Investors interested in stocks from the Transportation - Truck sector have probably already heard of ArcBest (ARCB) and Saia (SAIA). But which of these two stocks presents investors with the better value opportunity right now?
Key Takeaways Aveanna Healthcare combines discounted PEG and P/E ratios with a 14.9% long-term expected growth rate. ARCB pairs low PEG and P/E metrics with a 37.7% five-year historical growth rate.Ternium offers discounted PEG and P/E ratios alongside a 52.8% long-term expected growth rate. In the equity market, investments need to be prudently hedged to overcome uncertainties and limit losses related to external shocks. A question that often arises is whether one should resort to a value strategy that seeks discounted stocks or opt for growth investing in times of extreme market instability.
The investing track of the Oracle of Omaha over the past few decades and his gradual shift from being a pure-play value investor to a GARP (growth at a reasonable price) investor might give us all the answers.
Per the GARP theory, the strategic mingling of growth and value-investing principles gives us a hybrid strategy, offering an ideal investment by utilizing the best features of both. What GARPers look for is whether or not the stocks are somewhat undervalued and have solid, sustainable growth potential (Investopedia).
Several stocks that have surged significantly in recent years have demonstrated the overwhelming success of this hybrid investing strategy over pure-play value and growth investments. Here, we will discuss the success of three such stocks. These are Aveanna Healthcare (AVAH - Free Report) , ArcBest Corporation (ARCB - Free Report) and Ternium (TX - Free Report) .
A Few More Words on GARP
GARP investing gives priority to one of the popular value metrics — the price/earnings growth (PEG) ratio. Although it is categorized under value investing, this strategy follows the principles of both growth and value investing.
The PEG ratio is defined as (Price/ Earnings)/Earnings Growth Rate
It relates the stocks’ P/E ratios to the future earnings growth rates.
While P/E alone gives an idea of stocks that are trading at a discount, PEG, while adding the growth element to it, helps identify stocks with solid future potential.
A lower PEG ratio, preferably less than 1, is always better for GARP investors.
Say, for example, if a stock's P/E ratio is 10 and the expected long-term growth rate is 15%, the company's PEG will come down to 0.66, a ratio indicating both undervaluation and future growth potential.
Unfortunately, this ratio is often neglected due to investors' limitations in calculating the future earnings growth rate of a stock.
There are some drawbacks to using the PEG ratio, though. It does not consider the very common situation of changing growth rates, such as the forecast of the first three years at a very high growth rate, followed by a sustainable but lower growth rate over the long term.
Hence, PEG-based investing can be even more rewarding if some other relevant parameters are also taken into consideration.
Here are the screening criteria for a winning strategy:
PEG Ratio less than X Industry Median
P/E Ratio (using F1) less than X Industry Median (For more accurate valuation purpose)
Zacks Rank of 1 (Strong Buy) or 2 (Buy) (Whether good market conditions or bad, stocks with a Zacks Rank #1 or #2 have a proven history of success.)
Market Capitalization greater than $1 Billion (This helps us to focus on companies that have strong liquidity.)
Average 20-Day Volume greater than 50,000: A substantial trading volume ensures that the stock is easily tradable.
Percentage Change F1 Earnings Estimate Revisions (4 Weeks) greater than 5%: Upward estimate revisions add to the optimism, suggesting further bullishness.
Value Score of less than or equal to B: Our research shows that stocks with a Value Style Score of A or B, when combined with a Zacks Rank #1, 2 or 3 (Hold), offer the best upside potential.
Growth Score of less than or equal to B: Our research shows that stocks with a Growth Style Score of A or B, when combined with a Zacks Rank #1, 2 or 3, offer the best upside potential.
Our PEG-Driven Picks
Here are three stocks that qualified the screening:
Aveanna: The company is a diversified U.S. home care provider offering pediatric and adult healthcare services that enable patients to receive care at home, reducing reliance on hospitals and skilled nursing facilities. Through its Private Duty Services, Home Health & Hospice and Medical Solutions segments, the company provides skilled nursing, therapy, personal care, hospice and medical supply services.
AVAH can be an impressive GARP investment pick with its Zacks Rank #2, a Value Score of A and a Growth Score of A. Apart from a discounted PEG and P/E, the stock has an impressive long-term expected growth rate of 14.9%.
ArcBest: This is an integrated logistics company providing less-than-truckload (LTL) freight services through ABF Freight and asset-light solutions, including truckload brokerage, managed transportation, intermodal, warehousing and international shipping. Operating through its Asset-Based and Asset-Light segments, ArcBest delivers end-to-end supply chain solutions to a diversified customer base across the United States.
ARCB has a Zacks Rank #1, a Value Score of B and a Growth Style Score of B. ArcBest also has an impressive five-year historical growth rate of 37.7%.
You can see the complete list of today’s Zacks #1 Rank stocks here.
Ternium: The company is a leading steel producer operating across Mexico, Brazil, the Southern Region and international markets, manufacturing a wide range of flat and long steel products for industries including automotive and construction. Through its Steel and Mining segments, the company also produces and sells iron ore and pellets while providing engineering and related services.
TX can also be an impressive GARP investment pick with its Zacks Rank #1, a Value Score of A and a Growth Score of B. Apart from a discounted PEG and P/E, the stock also has a solid long-term expected growth rate of 52.8%.
For those looking to find strong Transportation stocks, it is prudent to search for companies in the group that are outperforming their peers. Has ArcBest (ARCB - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
ArcBest is a member of our Transportation group, which includes 110 different companies and currently sits at #3 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. ArcBest is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for ARCB's full-year earnings has moved 23.8% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the most recent data, ARCB has returned 91.9% so far this year. Meanwhile, stocks in the Transportation group have gained about 16.2% on average. As we can see, ArcBest is performing better than its sector in the calendar year.
Another Transportation stock, which has outperformed the sector so far this year, is JB Hunt (JBHT - Free Report) . The stock has returned 42.9% year-to-date.
Over the past three months, JB Hunt's consensus EPS estimate for the current year has increased 1.1%. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, ArcBest belongs to the Transportation - Truck industry, a group that includes 12 individual companies and currently sits at #31 in the Zacks Industry Rank. On average, stocks in this group have gained 41.8% this year, meaning that ARCB is performing better in terms of year-to-date returns. JB Hunt is also part of the same industry.
Going forward, investors interested in Transportation stocks should continue to pay close attention to ArcBest and JB Hunt as they could maintain their solid performance.
Key Takeaways Aveanna Healthcare is among four PEG-based value picks with a 14.9% five-year expected growth rate. ARCB qualifies with a discounted PEG, Value Score of B and a 37.7% five-year expected growth rate. ORIX joins the screen with a Value Score of A and a 10.1% five-year expected growth rate. At a time when volatility strikes every second day, investors often rely on value investing rather than other options like growth or momentum. As soon as other investors start selling their stocks at a cheaper rate in times of market uncertainty, value investors take this as an opportunity to pick good stocks at a discounted price.
Several stocks that have surged significantly in the recent past have shown the overwhelming success of this pure-play investment strategy. Here, we discuss four such stocks — Aveanna Healthcare (AVAH - Free Report) , ArcBest Corporation (ARCB - Free Report) , Nexa Resources (NEXA - Free Report) and ORIX Corporation (IX - Free Report) .
However, this apparently simple value investment technique has some drawbacks and not understanding the strategy properly may often lead to “value traps.” In such a situation, these value picks start to underperform over the long run as the temporary problems, which once drove the share price down, turn out to be persistent.
There are many value investment yardsticks, such as dividend yield, P/E or P/B, which are simple and can single out whether a stock is trading at a discount.
However, for investors looking to escape such value traps, it is also vital to determine where the stock would be headed in the next 12 to 24 months. Warren Buffett advises these investors to focus on the earnings growth potential of a stock. This is where lies the importance of a not-so-popular value investing metric, the PEG ratio.
PEG Ratio at a GlanceThe PEG ratio is defined as (Price/ Earnings)/Earnings Growth Rate
A low PEG ratio is always better for value investors.
While P/E alone fails to identify a true value stock, PEG helps find the intrinsic value of a stock.
There are some drawbacks to using the PEG ratio. It doesn’t consider the very common situation of changing growth rates, such as the forecast of the first three years at a very high growth rate, followed by a sustainable but lower growth rate over the long term.
Hence, PEG-based investing can turn out to be even more rewarding if some other relevant parameters are also taken into consideration.
Here are some of the screening criteria for a winning strategy:
PEG Ratio less than X Industry Median
P/E Ratio (using F1) less than X Industry Median (for more accurate valuation purposes)
Zacks Rank #1 (Strong Buy) or 2 (Buy) (Whether good market conditions or bad, stocks with a Zacks Rank #1 or 2 have a proven history of success.)
Market Capitalization greater than $1 billion (This helps us to focus on companies that have strong liquidity.)
Average 20-Day Volume greater than 50,000 (A substantial trading volume ensures that the stock is easily tradable.)
Percentage Change F1 Earnings Estimate Revisions (4 Weeks) greater than 5% (Upward estimate revisions add to the optimism, suggesting further bullishness.)
Value Score of less than or equal to B: Our research shows that stocks with a Style Score of A or B when combined with a Zacks Rank #1, 2 or 3 (Hold) offer the best upside potential.
Our PEG-Driven PicksHere are four stocks that qualified the screening:
Aveanna Healthcare: This is a diversified U.S. home healthcare company providing pediatric and adult care through home-based services. Aveanna Healthcare operates across Private Duty Services, Home Health & Hospice and Medical Solutions, helping patients receive skilled nursing, therapy and personal care at home while reducing hospital and nursing facility use.
AVAH currently has a Zacks Rank #2 and a Value Score of A. Aveanna Healthcare also has an impressive five-year expected growth rate of 14.9%.
ArcBest: Headquartered in Fort Smith, AR, ArcBest is an integrated logistics company offering less-than-truckload shipping through ABF Freight and asset-light services, including truck brokerage, managed transportation, intermodal, warehousing and international logistics. It operates through Asset-Based and Asset-Light segments, providing integrated supply chain solutions for diverse customer shipping needs.
ArcBest currently has a Zacks Rank #1 and a Value Score of B. ARCB also has an impressive five-year expected growth rate of 37.7%. You can see the complete list of today’s Zacks #1 Rank stocks here.
Nexa: Headquartered in Luxembourg, Nexa is a global zinc mining and smelting company operating through the Mining and Smelting segments. It owns polymetallic mines in Peru and Brazil, zinc smelters in both countries and produces zinc, gold, sulfuric acid and other metals and by-products for industrial markets.
Apart from a discounted PEG and P/E, Nexa currently has a Zacks Rank #1 and a Value Score of A. NEXA has a long-term historical growth rate of 49%.
ORIX: It provides diversified financial services across Japan, the United States and other global markets. ORIX operates across businesses including leasing, real estate, private equity, renewable energy, insurance, banking, consumer finance and aircraft, ship, investment and asset management services.
ORIX has a Zacks Rank #1 and a Value Score of A. IX also has an impressive five-year expected growth rate of 10.1%.
Key Takeaways ArcBest is benefiting from tighter truckload capacity and a more supportive pricing environment. ARCB's renewals rose in the March quarter and Asset-Based tonnage per day also increased in the period. AI route optimization delivered $15 million in annualized savings and better asset utilization. ArcBest Corporation (ARCB - Free Report) is benefiting from a freight market that is becoming more constructive after a prolonged downturn.
The company’s setup combines tightening truckload capacity, disciplined pricing, technology-led productivity and an integrated logistics model that can support margins if freight demand continues to normalize.
ARCB Benefits From a Tighter Freight CycleTruckload capacity is tightening as carriers exit the industry, while manufacturing indicators have moved into expansion. That backdrop is helping create a more supportive pricing environment for ArcBest.
The company’s first-quarter 2026 contract renewals and deferred pricing agreements averaged a 6.3% increase. Asset-Based shipments per day rose 1.8%, while tonnage per day increased 6.5%, giving ARCB a better base for operating leverage as demand improves.
ArcBest Uses AI to Improve Route DensityTechnology is central to the margin story. ArcBest’s continuous improvement training has reached roughly 75% of its network and generated $32 million in annualized cost savings.
Its AI-enabled city route optimization program has delivered $15 million in annualized savings. The system supports optimized pickup and delivery routes, daily demand projections and better asset utilization, helping the company improve service and lower cost without relying only on aggressive capital spending.
ARCB Cross-Sell Model Supports Better PricingArcBest is not just a traditional trucking name. It combines ABF Freight’s asset-based less-than-truckload network with Asset-Light logistics offerings, including brokerage, managed transportation and expedited services.
About 70% of Asset-Light customers also use Asset-Based services, and cross-sold accounts generate more than three times the revenue and profit per account. This integrated positioning differs from pure less-than-truckload peers such as Old Dominion Freight Line (ODFL - Free Report) , one of North America’s largest less-than-truckload carriers, and asset-light logistics players such as C.H. Robinson Worldwide (CHRW - Free Report) , which focuses on global logistics, freight brokerage and supply-chain technology.
ArcBest View adds another layer to that model by letting customers quote, book and track shipments across logistics solutions through one interface. The expanding dynamic quote pool also helps ARCB selectively fill capacity and optimize yield.
ArcBest Faces Inflation and Mix PressuresThe recovery is not without friction. In the first quarter, Asset-Based operating ratio worsened to 97.3% from 95.9% a year earlier as labor, fuel and equipment depreciation costs rose.
Mix also remains a drag. Asset-Based billed revenue per shipment increased 0.6%, but billed revenue per hundredweight fell 3.9% as the freight profile shifted toward heavier shipments.
Asset-Light margins remain sensitive to purchased transportation costs. Purchased transportation expense was 86.2% of Asset-Light revenues in the first quarter, leaving profitability exposed to carrier-cost swings as capacity conditions change.
ARCB Style Scores Fit a Trend-Driven SetupThe bottom line: ARCB’s investment case is tied to whether pricing discipline, freight-cycle improvement and productivity initiatives can translate into durable margin expansion.
The Zacks Consensus Estimate for ArcBest’s June-quarter, September-quarter and current-year sales implies a year-over-year improvement of 15.3%, 13.3% and 11.4%, respectively. ARCB’s EPS indicates upward revisions over the past 60 days for the June-quarter, September-quarter and current-year, reflecting optimism.
Image Source: Zacks Investment Research
The stock currently sports a Zacks Rank #1 (Strong Buy), along with a VGM Score of B. It also has a Momentum Score of B, which fits a trend-driven setup supported by improving pricing conditions and positive estimate revisions. You can see the complete list of today’s Zacks #1 Rank stocks here.
ARCB’s Value Score of C and Growth Score of C are more balanced signals. They suggest the story is not simply about a cheap valuation or a clean growth profile, but about execution through a freight-cycle recovery.
FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB) will release its second quarter 2026 financial results before the market opens on Wednesday, July 29, 2026. A conference call with company executives will be held that day at 9:30 a.m. ET (8:30 a.m. CT) to discuss these results. Interested parties are invited to listen by dialing (800) 715-9871 and entering conference ID 6423434. A live webcast will also be available on ArcBest's website at arcb.com. A replay of the call will be availab.
Key Takeaways ArcBest's outlook hinges on pricing discipline, network productivity and freight mix as demand improves. ARCB saw 6.3% first-quarter renewals and expects ABF's non-GAAP operating ratio to improve in Q2. Asset-Light returned to positive non-GAAP operating income as shipment growth and productivity helped. ArcBest Corporation (ARCB - Free Report) is entering a more constructive freight backdrop after a difficult period for transportation demand. The setup is not simply about volume recovery; it depends on pricing discipline, network productivity and freight mix.
The company’s two-part model gives investors more than one way to track progress. ABF Freight anchors the less-than-truckload business, while Asset-Light broadens ArcBest’s reach across logistics services.
ARCB Runs a Two-Segment ModelArcBest operates through Asset-Based and Asset-Light segments. Asset-Based consists of ABF Freight, its less-than-truckload carrier, while Asset-Light includes brokerage, managed transportation, expedited, intermodal, household moving, warehousing and international services.
That structure gives ArcBest a broad customer base and reduces dependence on any single shipper. No customer accounted for more than 3% of 2025 consolidated revenues, and the 10 largest customers represented roughly 14%.
Cross-selling is central to the model. About 70% of Asset-Light customers also use Asset-Based services, and cross-sold accounts generate more revenue, profit and retention than single-solution accounts.
ARCB Sees Better Pricing ConditionsArcBest is benefiting from tighter truckload capacity and firmer manufacturing indicators. That matters because better pricing can turn modest freight improvement into stronger yield and operating leverage.
First-quarter 2026 renewals rose about 6.3%. April also showed heavier freight trends, and management expects ABF’s non-GAAP operating ratio to improve 600 to 700 basis points sequentially in the second quarter.
Old Dominion Freight Line (ODFL - Free Report) offers a useful peer comparison because it is also one of North America’s largest less-than-truckload carriers. Its performance helps investors benchmark LTL pricing and demand trends across the group.
ArcBest Uses AI to Lift EfficiencySelf-help is a major part of ArcBest’s story. Continuous improvement efforts have been implemented across about 75% of the network and generated $32 million in annualized savings.
AI-enabled city route optimization has added another $15 million in annualized savings. These initiatives reduce manual work, improve route planning and support better asset utilization.
That matters in a cyclical business. ArcBest does not need a full freight boom to benefit if service, density and utilization improve while capital spending remains targeted.
Driven by the above-mentioned tailwinds, shares of ArcBest have gained in double digits (% wise) so far this year, easily outperforming the Zacks Transportation-Truck industry.
YTD Price ComparisonImage Source: Zacks Investment Research
ARCB Needs Asset-Light to Keep HealingThe Asset-Light segment gives ArcBest another source of earnings recovery beyond core LTL. It returned to positive non-GAAP operating income in the March quarter as shipment growth and productivity gains offset pressure from mix.
Management expects second-quarter adjusted operating income of $3 million to $5 million for the segment. Contract repricing, brokerage discipline and managed transportation growth could add incremental upside if freight conditions firm.
C.H. Robinson Worldwide (CHRW - Free Report) is relevant in this context because it is a major third-party logistics provider. Its role in freight brokerage and supply chain management makes it a useful comparison for ArcBest’s Asset-Light exposure.
ArcBest Still Faces Clear Freight RisksThe recovery is not risk-free. Manufacturing and housing remain below mid-cycle levels, and U-Pack weakness adds pressure to parts of the business.
Mix also remains a concern. Heavier LTL shipments have weighed on billed revenue per hundredweight, while labor, fuel and depreciation costs have pressured ABF’s operating ratio.
Asset-Light carries its own risk. Purchased transportation expense remains a large share of segment revenues, making margins sensitive to carrier cost swings and the timing of spot and contract resets.
ARCB Signals Support a Constructive ViewThe bottom line is that ArcBest has a constructive near-term setup, but not a straight-line recovery. Better pricing, measurable productivity savings and Asset-Light stabilization support the stock’s outlook, while macro demand and mix still need close watching.
ARCB currently carries a Zacks Rank #1 (Strong Buy). That rank points to a favorable short-term earnings revision backdrop. You can see the complete list of today’s Zacks #1 Rank stocks here.
The stock also has a VGM Score of B, with a Value Score of C, Growth Score of C and Momentum Score of B. For investors, that mix supports a selective view: momentum and estimate trends are improving, but execution still matters.
Key Takeaways ARCB shares have rallied sharply, shifting the question to whether execution can meet expectations.ArcBest's earnings estimates point higher, with 2026 EPS seen at $5.87 and 2027 EPS at $8.51. ARCB trades at 0.7X forward sales, with low leverage and shareholder returns supporting the thesis. ArcBest Corporation (ARCB - Free Report) is no longer a simple recovery story. Shares have already surged, and investors now have to decide whether earnings momentum can justify the higher bar.
The answer is balanced. ARCB still has estimate support, a reasonable sales-based valuation and financial flexibility, but freight demand and inflation risks can still interrupt the rebound.
ARCB Rally Has Raised the BarARCB shares have risen 45.6% in the past three months and 93.6% over the past year, surpassing the Zacks Transportation-Truck industry and the broader Zacks Transportation sector over both periods.
A rally of that size changes the setup. The question is less about whether ArcBest is recovering and more about whether execution can keep pace with expectations.
ArcBest Estimates Still Point HigherThe bullish case still has support from earnings data. ArcBest delivered an 18.5% earnings surprise in the last reported quarter, while its Earnings ESP stands at +14.36%.
The Zacks Consensus Estimate for current-year earnings has moved 11% higher in the past four weeks. Earnings are expected to rise to $5.87 per share in 2026 and $8.51 in 2027, suggesting a meaningful rebound if pricing discipline, productivity gains and Asset-Light improvement continue.
See how the Zacks Consensus Estimate for ARCB’s earnings has been revised over the past 90 days.
Image Source: Zacks Investment Research
ARCB Valuation Still Looks ReasonableThe valuation argument is not just about the stock’s recent gain. ARCB trades at 0.7X forward 12-month sales, below 2.67X for the Zacks sub-industry, 1.49X for the Zacks Transportation sector and 4.99X for the S&P 500.
That discount leaves room for upside if earnings estimates keep moving higher. The $168 price target is based on 0.81X forward sales, which still implies a valuation below broader market levels.
Old Dominion Freight Line (ODFL - Free Report) remains a useful LTL benchmark because it is a leading less-than-truckload carrier. XPO, Inc. (XPO - Free Report) is another relevant comparison, given its large North American asset-based LTL platform.
ArcBest Balance Sheet Supports the ThesisArcBest’s balance sheet adds support to the investment case. The company has low leverage, with a debt-to-equity ratio of 0.10.
It exited the March quarter with $86.4 million in cash and short-term investments. ArcBest also returned more than $10 million to shareholders through buybacks and dividends during the quarter, while continuing to fund high-return projects.
ARCB Risks Could Cap Near-Term UpsideRisks have not disappeared. End markets remain soft, and a heavier shipment mix has pressured billed revenue per hundredweight even as weight per shipment improved.
Cost inflation is another concern. Wage, fuel and depreciation pressures weighed on operating performance, while Asset-Light margins remain sensitive to purchased transportation costs, which were roughly 86% of revenues in the March quarter.
Why ArcBest’s Signals Still Lean PositiveThe bottom line: ARCB still looks attractive, but not risk-free. The rally has raised expectations, yet estimate revisions, valuation and balance sheet strength still support the case for remaining upside.
ArcBest currently sports a Zacks Rank #1 (Strong Buy), along with a VGM Score of B, Value Score of C, Growth Score of C and Momentum Score of B. The rank points to favorable near-term earnings-revision trends, while the B-rated VGM and Momentum profiles support the view that the stock’s setup remains constructive after a sharp move higher.
You can see the complete list of today’s Zacks #1 Rank stocks here.
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.
Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.
Below, we take a look at ArcBest (ARCB - Free Report) , a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.
It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. ArcBest currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.
You can see the current list of Zacks #1 Rank Stocks here >>>
Set to Beat the Market? In order to see if ARCB is a promising momentum pick, let's examine some Momentum Style elements to see if this freight transportation and logistics company holds up.
Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area.
For ARCB, shares are up 1.22% over the past week while the Zacks Transportation - Truck industry is up 3.33% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 7.02% compares favorably with the industry's 2.22% performance as well.
While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Over the past quarter, shares of ArcBest have risen 45.55%, and are up 93.63% in the last year. In comparison, the S&P 500 has only moved 12.99% and 20.11%, respectively.
Investors should also pay attention to ARCB's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. ARCB is currently averaging 504,579 shares for the last 20 days.
Earnings OutlookThe Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with ARCB.
Over the past two months, 5 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost ARCB's consensus estimate, increasing from $4.75 to $5.87 in the past 60 days. Looking at the next fiscal year, 5 estimates have moved upwards while there have been no downward revisions in the same time period.
Bottom LineTaking into account all of these elements, it should come as no surprise that ARCB is a #1 (Strong Buy) stock with a Momentum Score of B. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep ArcBest on your short list.
Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.
Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase, investors find themselves invested in shares that have limited to no upside or even a downside. So, betting on a stock just by looking at the traditional momentum parameters could be risky at times.
A safer approach could be investing in bargain stocks with recent price momentum. While the Zacks Momentum Style Score (part of the Zacks Style Scores system) helps identify great momentum stocks by paying close attention to trends in a stock's price or earnings, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced.
There are several stocks that currently pass through the screen and ArcBest (ARCB - Free Report) is one of them. Here are the key reasons why this stock is a great candidate.
A dash of recent price momentum reflects growing interest of investors in a stock. With a four-week price change of 8.9%, the stock of this freight transportation and logistics company is certainly well-positioned in this regard.
While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. ARCB meets this criterion too, as the stock gained 45.7% over the past 12 weeks.
Moreover, the momentum for ARCB is fast paced, as the stock currently has a beta of 1.55. This indicates that the stock moves 55% higher than the market in either direction.
Given this price performance, it is no surprise that ARCB has a Momentum Score of A, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.
In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped ARCB earn a Zacks Rank #1 (Strong Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Most importantly, despite possessing fast-paced momentum features, ARCB is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. ARCB is currently trading at 0.80 times its sales. In other words, investors need to pay only 80 cents for each dollar of sales.
So, ARCB appears to have plenty of room to run, and that too at a fast pace.
In addition to ARCB, there are several other stocks that currently pass through our 'Fast-Paced Momentum at a Bargain' screen. You may consider investing in them and start looking for the newest stocks that fit these criteria.
This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market.
However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies.
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For those looking to find strong Transportation stocks, it is prudent to search for companies in the group that are outperforming their peers. Has ArcBest (ARCB - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
ArcBest is one of 99 individual stocks in the Transportation sector. Collectively, these companies sit at #3 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. ArcBest is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for ARCB's full-year earnings has moved 23.2% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, ARCB has moved about 94.8% on a year-to-date basis. Meanwhile, stocks in the Transportation group have gained about 12.6% on average. This means that ArcBest is performing better than its sector in terms of year-to-date returns.
Another stock in the Transportation sector, TFI International Inc. (TFII - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 40.7%.
In TFI International Inc.'s case, the consensus EPS estimate for the current year increased 12.1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, ArcBest belongs to the Transportation - Truck industry, which includes 12 individual stocks and currently sits at #45 in the Zacks Industry Rank. On average, stocks in this group have gained 41.6% this year, meaning that ARCB is performing better in terms of year-to-date returns.
In contrast, TFI International Inc. falls under the Transportation - Services industry. Currently, this industry has 19 stocks and is ranked #101. Since the beginning of the year, the industry has moved +10.2%.
Investors interested in the Transportation sector may want to keep a close eye on ArcBest and TFI International Inc. as they attempt to continue their solid performance.
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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, June 16:
ArcBest Corporation (ARCB - Free Report) : This logistics company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 23.8% over the last 60 days.
ArcBest's shares gained 91.1% over the last three months compared with the S&P 500’s decline of 10.8%. The company possesses a Momentum Score of A.
Everus Construction Group, Inc. (ECG - Free Report) : This contracting services company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.5% over the last 60 days.
Everus Construction Group’s shares gained 34.3% over the last three months compared with the S&P 500’s decline of 10.8%. The company possesses a Momentum Score of A.
G-III Apparel Group, Ltd. (GIII - Free Report) : This apparel company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.7% over the last 60 days.
G-III Apparel’s shares gained 34.9% over the last three months compared with the S&P 500’s decline of 10.8%. The company possesses a Momentum Score of B.
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
ArcBest (ARCB - Free Report) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.
The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.
Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements.
Therefore, the Zacks rating upgrade for ArcBest basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.
Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their transaction of large amounts of shares then leads to price movement for the stock.
Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for ArcBest imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.
Harnessing the Power of Earnings Estimate RevisionsAs empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .
Earnings Estimate Revisions for ArcBestThis freight transportation and logistics company is expected to earn $5.87 per share for the fiscal year ending December 2026, which represents no year-over-year change.
Analysts have been steadily raising their estimates for ArcBest. Over the past three months, the Zacks Consensus Estimate for the company has increased 23.2%.
Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.
You can learn more about the Zacks Rank here >>>
The upgrade of ArcBest to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
