ArcBest Corp (NASDAQ: ARCB): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

ARCB belongs to the Industrials sector of the NASDAQ while operating in the Trucking industry. The current market capitalization of ArcBest Corp is $2.66B. A total of 0.18 million shares were traded on the day, compared to an average of 271.39K shares.

In the most recent transaction, Philip Craig E sold 3,900 shares of ARCB for 109.91 per share on Nov 22 ’24. After the transaction, the Director now owns 23,250 company shares. In a previous transaction on Nov 22 ’24, Philip Craig E bought 3,900 shares at 109.91 per share.

Among the insiders who sold shares, Newcity Michael E disposed of 10,443 shares on Nov 06 ’24 at a per-share price of $120.60. This resulted in the SVP – Chf Innovation Officr(1) holding 5,051 shares of ARCB after the transaction. In another insider transaction, Newcity Michael E bought 10,443 shares at $120.00 per share on Nov 06 ’24.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. ArcBest Corp pays an annual dividend of $0.48, resulting in a dividend yield of 0.42%, and it has a price to earnings (P/E) ratio of 14.05. ARCB’s most recent ex-dividend date was 11/13/2024 when it declared a $0.12 quarterly dividend that was paid in cash on 11/27/2024. Previously, the company paid the dividend on 8/27/2024 with an ex-dividend date of 8/13/2024. The ARCB stock dividend was $0.12 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, ARCB has a high of $153.60 and a low of $94.76.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. ARCB’s latest balance sheet shows that the firm has $124.96M in Cash & Short Term Investments as of fiscal 2021. There were $337.11M in debt and $702.69M in liabilities at the time. Its Book Value Per Share was $55.71, while its Total Shareholder’s Equity was $929.07M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ARCB is Buy with a score of 3.50.

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