<div id="readability-page-1"><p><span>ArcBest (NASDAQ:ARCB - Get Free Report)</span> had its price objective raised by equities research analysts at Stifel Nicolaus  from $73.00 to $85.00 in a report released on Tuesday,Benzinga reports. The brokerage presently has a &#34;buy&#34; rating on the transportation company's stock. Stifel Nicolaus' price target suggests a potential upside of 8.54% from the stock's previous close.</p><ul><li>XPO Keeps Reaching New Highs: Markets Love the Stock</li></ul><p>Other equities research analysts also recently issued reports about the stock. Stephens downgraded shares of ArcBest from an &#34;overweight&#34; rating to an &#34;equal weight&#34; rating and set a $72.00 target price on the stock. in a research report on Thursday, November 6th. Weiss Ratings  restated a &#34;hold (c-)&#34; rating on shares of ArcBest in a report on Wednesday, October 8th. Cowen  reiterated a &#34;hold&#34; rating on shares of ArcBest in a report on Wednesday, October 1st. Wells Fargo &amp; Company reduced their target price on ArcBest from $80.00 to $74.00 and set an &#34;equal weight&#34; rating for the company in a research note on Thursday, November 6th. Finally, TD Cowen dropped their price objective on shares of ArcBest from $67.00 to $64.00 and set a &#34;hold&#34; rating on the stock in a research note on Thursday, November 6th. Six research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one  has issued  a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of &#34;Hold&#34; and a consensus price target of $85.00.</p><p><b>Check Out Our Latest Research Report on ARCB</b></p><h2>ArcBest Stock Performance</h2><ul><li>Analyst Upgrades Drive Old Dominion Freight Line 13.49% Higher</li></ul><p>NASDAQ ARCB traded up $1.13 during trading on Tuesday, reaching $78.32. 79,645 shares of the company's stock were exchanged, compared to its average volume of 355,157. The business has a 50 day moving average price of $69.61 and a 200-day moving average price of $72.18. ArcBest has a fifty-two week low of $55.19 and a fifty-two week high of $108.81. The stock has a market capitalization of $1.76 billion, a P/E ratio of 18.57, a PEG ratio of 10.87 and a beta of 1.52. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.98 and a quick ratio of 0.98. </p><p>ArcBest (NASDAQ:ARCB - Get Free Report) last released its quarterly earnings results on Wednesday, November 5th. The transportation company reported $1.46 EPS for the quarter, beating the consensus estimate of $1.37 by $0.09. The business had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.04 billion. ArcBest had a net margin of 2.41% and a return on equity of 8.24%. ArcBest's revenue was down 1.4% compared to the same quarter last year. During the same period in the prior year, the company posted $1.64 earnings per share.  Sell-side analysts forecast that  ArcBest will post 7 earnings per share for the current fiscal year. </p><h2>Institutional Trading of ArcBest</h2><ul><li>ArcBest Corporation Delivers Results </li></ul><p>Several hedge funds and other institutional investors have recently bought and sold shares of ARCB. Farther Finance Advisors LLC boosted its position in  ArcBest by 433.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 384 shares of the transportation company's stock valued at $30,000 after buying an additional 312 shares during the period.  Johnson Investment Counsel Inc. purchased a new position in shares of  ArcBest during the third quarter valued at approximately $28,000.  FNY Investment Advisers LLC purchased a new stake in  ArcBest in the second quarter worth $51,000.  Smartleaf Asset Management LLC boosted its holdings in  ArcBest by 26.9% in the third quarter. Smartleaf Asset Management LLC now owns 675 shares of the transportation company's stock valued at $47,000 after acquiring an additional 143 shares in the last quarter.  Finally, Canada Pension Plan Investment Board purchased a new position in  ArcBest during the 2nd quarter valued at $85,000. Institutional investors own  99.27% of the company's stock. </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>See Also</h2><ul><li>Five stocks we like better than ArcBest</li><li>How to start investing in penny stocks</li><li>Western Digital’s Nasdaq-100 Entry Caps Its AI-Driven Comeback</li><li>Retail Stocks Investing, Explained</li><li>Paramount Threw a Wrench in Netflix's Bid to Acquire Warner Bros.</li><li>Stock Sentiment Analysis: How it Works</li><li>3 Healthcare Giants Just Raised Dividends—Here’s Who Pays the Most</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>Stifel Nicolaus has raised its price target for ArcBest (NASDAQ:ARCB) from $73.00 to $85.00, maintaining a "buy" rating, suggesting an 8.54% potential upside. Despite mixed ratings from other analysts, the consensus price target remains at $85.00. ArcBest's recent earnings exceeded expectations, with a reported EPS of $1.46 against a $1.37 estimate. Institutional investors hold 99.27% of the stock.</p>

ArcBest (NASDAQ:ARCB) Stock Price Expected to Rise, Stifel Nicolaus Analyst Says