Breaking Finance News

ArcBest Corp (NASDAQ:ARCB) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.

Zacks Investment Research has upgraded ArcBest Corp (NASDAQ:ARCB) to Hold in a statement released on 07/06/2017.

Having a price of $20.75, ArcBest Corp (NASDAQ:ARCB) traded 1.74% higher on the day. With the last close down 6.87% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.05% over the same period. ARCB has recorded a 50-day average of $22.90 and a two hundred day average of $24.66. Trade Volume was down over the average, with 229,682 shares of ARCB changing hands under the typical 251,242

Recent Performance Chart

ArcBest Corp (NASDAQ:ARCB)

ArcBest Corp has PE ratio of 30.46 with a one year low of $16.95 and a one year high of $33.95 and has a market capitalization of $0.

A total of 10 analysts have released a report on ArcBest Corp. Three analysts rating the company a strong buy, one analyst rating the company a buy, nine analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $22.10.

General Company Details For ArcBest Corp (NASDAQ:ARCB)

ArcBest Corporation is a holding company of businesses providing integrated logistics solutions. The Company operates through three segments: Asset-Based, which consists of ABF Freight System, Inc. and other subsidiaries; ArcBest, which represents the consolidation of the operations of the Premium Logistics, Transportation Management and Household Goods Moving Services segments, and FleetNet, which includes the results of operations of FleetNet America, Inc. (FleetNet). Its Asset-Based operations offer transportation of general commodities through standard, time-critical, expedited and guaranteed LTL services-nationally and regionally. Its ArcBest segment includes truckload, expedite, international, warehousing, freight transportation, management services and moving services. Its FleetNet segment provides roadside assistance and maintenance management services for commercial vehicles to customers in the United States and Canada through a network of third-party service providers.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *