With 0.18 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.27 million shares. During the session, the Trucking company that operates in wider Industrials sector, reached to the highest price of $114.63 whereas the lowest price it dropped to was $111.67. The 52-week range on ARCB shows that it touched its highest point at $153.60 and its lowest point at $94.76 during that stretch. It currently has a 1-year price target of $121.83. With its current market cap of 2.66 billion, ARCB has annualized dividend of $0.48 while the current yield stands at 0.42%. Beta for the stock currently stands at 1.48.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ARCB was up-trending over the past week, with a rise of 6.31%, but this was up by 8.75% over a month. Three-month performance surged to 7.48% while six-month performance rose 10.09%. The stock lost -4.83% in the past year, while it has lost -5.58% so far this year. A look at the trailing 12-month EPS for ARCB yields 8.08 with Next year EPS estimates of 7.93. For the next quarter, that number is 1.12. This implies an EPS growth rate of -22.79% for this year and 30.25% for next year. EPS is expected to grow by 8.31% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 33.81%.
Float and Shares Shorts:
At present, 23.56 million ARCB shares are outstanding with a float of 22.94 million shares on hand for trading. On 2024-11-15, short shares totaled 1.62 million, which was 692.99996 higher than short shares on 1728950400. In addition to Ms. Judy R. McReynolds CPA as the firm’s Chairman & CEO, Mr. Seth Runser serves as its President.
Institutional Ownership:
Through their ownership of 1.02452 of ARCB’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, ARCB reported revenue of $1063124000.0 and operating income of $43083000.0. The EBITDA in the recently reported quarter was $83686000.0 and diluted EPS was $4.23.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ARCB since 10 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ARCB analysts setting a high price target of 170.0 and a low target of 105.0, the average target price over the next 12 months is 121.83333. Based on these targets, ARCB could surge 49.78% to reach the target high and fall by -7.49% to reach the target low. Reaching the average price target will result in a growth of 7.34% from current levels.
Analysts have provided yearly estimates in a range of $6.63475 being high and $5.88772 being low. For ARCB, this leads to a yearly average estimate of $6.08431. The surprise factor in the prior quarter was $2.06. Based on analyst estimates, the high estimate for the next quarter is $1.5 and the low estimate is $0.6. The average estimate for the next quarter is thus $0.97.