Date | Price Target | Rating | Analyst |
---|---|---|---|
9/5/2024 | $136.00 → $131.00 | Buy | TD Cowen |
9/4/2024 | $122.00 → $112.00 | Overweight → Equal Weight | Wells Fargo |
8/5/2024 | $148.00 → $136.00 | Buy | TD Cowen |
7/9/2024 | $145.00 → $127.00 | Overweight → Neutral | JP Morgan |
6/7/2024 | $140.00 | Overweight | Wells Fargo |
5/1/2024 | $177.00 → $148.00 | Buy | TD Cowen |
3/11/2024 | $168.00 | Overweight | JP Morgan |
2/7/2024 | $141.00 → $178.00 | Outperform | TD Cowen |
B of A Securities analyst Ken Hoexter maintains ArcBest (NASDAQ:ARCB) with a Underperform and raises the price target from $110 to $112.
Vice President of Engineering at ABF, Matt Godfrey, Appointed ABF PresidentArcBest® (NASDAQ:ARCB), a leader in supply chain logistics, announced today that Seth Runser, president of ABF Freight, will become president of ArcBest effective August 1, 2024. Judy R. McReynolds will remain chief executive officer and chairman of the board.
DALLAS, Aug. 06, 2024 (GLOBE NEWSWIRE) -- TriumphPay announced today the addition of ArcBest® (NASDAQ:ARCB), a multibillion-dollar integrated logistics company offering one of the largest freight brokerages in North America, to TriumphPay as a full audit and payments network participant. ArcBest, a leader in the transportation and logistics industry, joins the network as part of its strategy to better serve carriers, improve operational efficiency and enhance payment security. This customer alliance builds on the momentum of TriumphPay's expansion and growth as a technological and innovative services hub for the freight industry. "Our carrier network is essential in delivering top-tier s
Strong gains in productivity and service metrics Delivered second quarter 2024 net income of $46.9 million, or $1.96 per diluted share, and non-GAAP net income of $47.4 million, or $1.98 per diluted share. Significant efficiency improvements at ABF Freight while delivering the best on-time service in five years. Improved Asset-Based operating income, despite higher labor contract costs and lower revenue. ArcBest® (NASDAQ:ARCB), a leader in supply chain logistics, today reported second quarter 2024 revenue from continuing operations of $1.08 billion, compared to $1.10 billion in the second quarter of 2023. Second quarter 2024 operating income from continuing operations was $48.8
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 13, 2024, payable on August 27, 2024. 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 15,000 employees across 250 campuses and service centers, the company is a logistics powerhouse, using its technology, expertise and scale to connect shippers with the solutions they need — from ground, air and ocean transportation to fully managed supply chains. ArcBest has a long history of inno
8-K - ARCBEST CORP /DE/ (0000894405) (Filer)
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8-K - ARCBEST CORP /DE/ (0000894405) (Filer)
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Strong gains in productivity and service metrics Delivered second quarter 2024 net income of $46.9 million, or $1.96 per diluted share, and non-GAAP net income of $47.4 million, or $1.98 per diluted share. Significant efficiency improvements at ABF Freight while delivering the best on-time service in five years. Improved Asset-Based operating income, despite higher labor contract costs and lower revenue. ArcBest® (NASDAQ:ARCB), a leader in supply chain logistics, today reported second quarter 2024 revenue from continuing operations of $1.08 billion, compared to $1.10 billion in the second quarter of 2023. Second quarter 2024 operating income from continuing operations was $48.8
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 13, 2024, payable on August 27, 2024. 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 15,000 employees across 250 campuses and service centers, the company is a logistics powerhouse, using its technology, expertise and scale to connect shippers with the solutions they need — from ground, air and ocean transportation to fully managed supply chains. ArcBest has a long history of inno
ArcBest® (NASDAQ:ARCB) will announce its second quarter 2024 financial results before the market opens on Friday, August 2, 2024. A conference call with company executives will be held that day at 9:30 a.m. EDT (8:30 a.m. CDT) to discuss these results. Interested parties are invited to listen by calling (800) 715-9871. The conference ID for the call is 4743250. Following the call, a recorded playback will be available through the end of the day on August 15, 2024. To listen to the playback, dial (800) 770-2030. The conference ID for the playback is 4743250. The call is being webcast and can be accessed live on ArcBest's website at arcb.com. ABOUT ARCBEST ArcBest® (NASDAQ:ARCB) is a
TD Cowen reiterated coverage of ArcBest with a rating of Buy and set a new price target of $131.00 from $136.00 previously
Wells Fargo downgraded ArcBest from Overweight to Equal Weight and set a new price target of $112.00 from $122.00 previously
TD Cowen reiterated coverage of ArcBest with a rating of Buy and set a new price target of $136.00 from $148.00 previously
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FORT SMITH, Ark., June 8, 2023 /PRNewswire/ -- ArcBest® (NASDAQ:ARCB), a leader in supply chain logistics, today announced its Chief Yield Officer Danny Loe has decided to leave the company effective June 16 to explore other opportunities. "Danny has been instrumental in building an incredible yield team," said Judy R. McReynolds, ArcBest chairman, president and CEO. "Since joining ArcBest 26 years ago, Danny has played a key role in many of the initiatives that position ArcBest as a leading logistics company. We thank Danny for his contributions and wish him all the best." "I
FORT SMITH, Ark., Feb. 2, 2023 /PRNewswire/ -- ArcBest® (NASDAQ:ARCB), a leading logistics company with creative problem solvers who deliver innovative solutions, today announced that a new member has been added to the ArcBest Board of Directors. The new director is Salvatore A. Abbate, whose term began January 30. The appointment of Abbate to the board fills the vacancy from Steve Gorman's departure in August 2022, returning the total ArcBest board membership to 9. Abbate, 54, is chief executive officer of Veritiv Corporation (NYSE:VRTV), a position he has held since October