<div id="readability-page-1"><p><span>ArcBest (NASDAQ:ARCB - Get Free Report)</span> had its price objective dropped by Citigroup  from $87.00 to $83.00 in a research report issued on Tuesday,Benzinga reports. The brokerage presently has a &#34;buy&#34; rating on the transportation company's stock. Citigroup's price target suggests a potential upside of 30.00% from the stock's current price.</p><ul><li>XPO Keeps Reaching New Highs: Markets Love the Stock</li></ul><p>A number of other equities research analysts have also recently commented on the company. Wells Fargo &amp; Company decreased their price target on ArcBest from $80.00 to $74.00 and set an &#34;equal weight&#34; rating on the stock in a report on Thursday, November 6th. Bank of America decreased their target price on ArcBest from $73.00 to $72.00 and set a &#34;neutral&#34; rating on the stock in a research note on Tuesday. Stifel Nicolaus boosted their price target on ArcBest from $81.00 to $85.00 and gave the stock a &#34;buy&#34; rating in a report on Tuesday, October 28th. Stephens lowered shares of ArcBest from an &#34;overweight&#34; rating to an &#34;equal weight&#34; rating and set a $72.00 price objective for the company. in a report on Thursday, November 6th. Finally, UBS Group lowered their target price on shares of ArcBest from $80.00 to $77.00 and set a &#34;neutral&#34; rating on the stock in a report on Thursday, November 6th. Six analysts have rated the stock with a Buy rating, eight have issued  a Hold rating and one  has given a Sell rating to the stock. According to data from MarketBeat.com, the stock  has a consensus rating of &#34;Hold&#34; and an average target price of $85.00.</p><p><b>Read Our Latest Analysis on ArcBest</b></p><h2>ArcBest Price Performance</h2><ul><li>Analyst Upgrades Drive Old Dominion Freight Line 13.49% Higher</li></ul><p>NASDAQ:ARCB traded down $1.79 during trading hours on Tuesday, hitting $63.85. 54,718 shares of the stock traded hands, compared to its average volume of 352,760. The company has a market cap of $1.44 billion, a price-to-earnings ratio of 9.50, a price-to-earnings-growth ratio of 1.35 and a beta of 1.67. ArcBest has a 1 year low of $55.19 and a 1 year high of $113.74. The stock has a 50 day moving average price of $69.26 and a 200 day moving average price of $71.63. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.13. </p><p>ArcBest (NASDAQ:ARCB - Get Free Report) last announced its quarterly earnings data on Wednesday, November 5th. The transportation company reported $1.46 EPS for the quarter, beating the consensus estimate of $1.37 by $0.09. ArcBest had a net margin of 3.90% and a return on equity of 8.67%. The firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.04 billion. During the same period last year, the firm earned $1.64 EPS. The company's revenue was down 1.4% on a year-over-year basis.  Sell-side analysts forecast that  ArcBest will post 7 EPS for the current fiscal year. </p><h2>Institutional Trading of ArcBest</h2><ul><li>ArcBest Corporation Delivers Results </li></ul><p>A number of large investors have recently made changes to their positions in ARCB. Turtle Creek Asset Management Inc. bought a new position in shares of  ArcBest in the 3rd quarter valued at about $39,508,000.  Ameriprise Financial Inc. lifted its stake in shares of  ArcBest by 158.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 490,064 shares of the transportation company's stock valued at $37,740,000 after purchasing an additional 300,642 shares during the last quarter.  Nuveen LLC purchased a new position in shares of  ArcBest in the 1st quarter worth approximately $18,460,000.  Westwood Holdings Group Inc. increased its position in shares of  ArcBest by 36.7% during the 1st quarter. Westwood Holdings Group Inc. now owns 869,267 shares of the transportation company's stock valued at $61,353,000 after purchasing an additional 233,409 shares during the last quarter.  Finally, Ancora Advisors LLC raised its holdings in  ArcBest by 1,812.9% during the 1st quarter. Ancora Advisors LLC now owns 204,587 shares of the transportation company's stock valued at $14,440,000 after buying an additional 193,892 shares during the period. 99.27% of the stock is currently owned by institutional investors. </p><h2>ArcBest Company Profile</h2> (Get Free Report)<p>ArcBest Corporation, an integrated logistics company, engages in the provision of ground, air, and ocean transportation solutions. It operates through two segments: Asset-Based and Asset-Light. The Asset-Based segment provides less-than-truckload (LTL) services, that transports general commodities, such as food, textiles, apparel, furniture, appliances, chemicals, non-bulk petroleum products, rubber, plastics, metal and metal products, wood, glass, automotive parts, machinery, and miscellaneous manufactured products.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than ArcBest</li><li>NYSE Stocks Give Investors a Variety of Quality Options </li><li>These Are the Hottest Upgrades From the Q3 Reporting Cycle</li><li>5 discounted opportunities for dividend growth investors</li><li>Fossil Stock Is Quietly Surging—Insiders Just Made Big Bets</li><li>Canadian Penny Stocks: Can They Make You Rich? </li><li>Why Bitcoin ETFs Like IBIT May Be Set to Surge in 2026</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVJDQg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVJDQg"/></p><p><em>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 contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in ArcBest Right Now?</h2><p>Before you consider ArcBest, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ArcBest wasn't on the list.</p><p>While ArcBest currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ARCB

<p>Citigroup has reduced its price target for ArcBest (NASDAQ:ARCB) from $87.00 to $83.00, maintaining a "buy" rating. Other analysts have also adjusted their targets, with mixed ratings ranging from "buy" to "neutral." The stock has a consensus "hold" rating and an average target price of $85.00. ArcBest's recent earnings beat expectations, and institutional investors have been actively adjusting their positions in the company.</p>

ArcBest (NASDAQ:ARCB) Price Target Cut to $83.00 by Analysts at Citigroup