How to Buy Arcbest Stock
Arcbest Corp
ArcBest Corporation provides freight transportation and integrated logistics services. It operates through three segments: Asset-Based, ArcBest, and FleetNet.
Arcbest stock last closed at $129.45, up 1.22% from the previous day, and has increased 41.29% in one year. It has overperformed other stocks in the Trucking industry by 0.14 percentage points. Arcbest stock is currently +57.53% from its 52-week low of $82.18, and -15.73% from its 52-week high of $153.61.
As of Apr 29, 2024, there are 23.52M shares of ARCB outstanding. The market capitalization of ARCB is $3.04B. In the past 24 hours, 393,763 ARCB shares were traded.
How to Buy Arcbest Stock
Not sure how to invest in Arcbest stock? Here's how.
- Decide where to buy Arcbest stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you decide where to buy Arcbest stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Select your method of payment and add your information.
- Research Arcbest stock: The Arcbest ticker symbol is ARCB. Is Arcbest stock a good investment? Should you buy shares of ARCB? How do ARCB's underlying business fundamentals look? Do top analysts think Arcbest is a good buy? Why has ARCB's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if ARCB is a good stock to buy).
- Place your ARCB trade: Decide if you will purchase ARCB shares at the current market price or use a limit order to purchase ARCB shares at a specific price.
- Keep an eye on your investment in ARCB: Create a watchlist to get live updates on your position in Arcbest stock.
Step 1: Decide where to buy Arcbest stock
You need a brokerage account in order to access the NASDAQ market and buy ARCB stock.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal information so you can invest in ARCB stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to open a new trading account.
- Submit your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have filled out your info on a good stock buying app, you need to deposit funds:
Watch this video walkthrough if you need help depositing funds into your new brokerage account.
Step 4: Research Arcbest stock
Once you have figured out the best place to buy Arcbest stock, it's important to evaluate their stock before you invest, so you can understand the risk and upside.
Arcbest Metrics
ARCB Fundamentals
WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on ARCB's stock page.
Is ARCB stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge ARCB's true value.
Using relative valuations measures:
- ARCB may be undervalued based on its P/E ratio of 15.9x, relative to Trucking industry P/E ratio of 48.19x
- ARCB could be undervalued based on its P/B ratio of 2.45x, relative to Trucking industry P/B ratio of 3.73x
- ARCB could be undervalued based on its PEG ratio of 0.36x
You can do more valuation analysis on ARCB's stock here.
A quick look at ARCB Financials
Pros:
- Total ARCB debt is lower than 5 years ago, relative to shareholder equity.
- ARCB earnings of $249.28M is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the ARCB balance sheet.
- There are more short-term assets than long-term liabilities on the ARCB balance sheet.
- ARCB's operating cash flow of $322.17M allows it to safely service it's debt of $437.73M.
Cons:
- ARCB has a relatively high debt to equity ratio of 1.
- ARCB profit margin has gone down from 5.9% to 4.4% in the past year.
Is it a good time to buy Arcbest stock, according to analysts?
Out of 8 Wall Street analysts who monitor ARCB, the consensus analyst rating on Arcbest is a Buy
Please note that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest ARCB Analyst Ratings
Ravi Shanker, a bottom 2% analyst from Morgan Stanley maintains ARCB with a strong buy rating and raises their ARCB price target from $155.00 to $175.00, on Feb 7, 2024.
J. Bruce Chan, a bottom 8% analyst from Stifel Nicolaus maintains ARCB with a strong buy rating and raises their ARCB price target from $153.00 to $159.00, on Feb 7, 2024.
Ben Mohr, a bottom 44% analyst from Deutsche Bank initiates coverage on ARCB with a strong buy rating and announces their ARCB price target of $148.00, on Jan 29, 2024.
You can dive deeper into what analysts are forecasting on the Arcbest stock forecast page.
Metrics for Advanced ARCB Traders
Is ARCB Growing Revenue?
Last year, ARCB earnings were $195.43M. During the last five year, ARCB's earnings have gone up by 25.54% per year. This was faster than the Trucking industry average of 8.32%.
Last year, ARCB revenue was $4.43B. In the last five year, ARCB's revenue has increased by 7.43% per year. This was faster than the Trucking industry average of 5.78%.
Dig into ARCB's earnings and revenue performance here.
What are ARCB insiders up to?
In the last 12 months, insiders at ARCB have sold more shares than they have bought.
Erin K. Gattis, CHIEF HUMAN RESOURCES OFFICER of ARCB, was the latest ARCB insider to sell. They sold $102,214.32 worth of ARCB shares on Mar 1, 2024.
Learn more about who owns ARCB shares here.
Does ARCB provide a stable income stream?
Arcbest pays a dividend of 0.37%, compared to the Trucking industry's average dividend yield of 1.02%. If you owned $1,000 worth of ARCB stock, you would have been paid $3.71 last year.
Arcbest dividend payments have consistently grown over the past decade and have remained stable.
Dig into more analysis about Arcbest dividend yield and history here.
What others are saying about ARCB
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your ARCB trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually the best for newer investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount, place a limit order.
Press the Open button and your broker will place your order.
If you want additional info about buying stocks on eToro, watch the helpful video below:
Step 6: Keep an eye on your investment in ARCB
Now that you own some shares in ARCB, you'll want to stay up-to-date on your company.
Start a watchlist to keep tabs on your ARCB stock.
ARCB Feed
How to Buy Stock in Arcbest
To reiterate, here are the 6 steps for buying Arcbest stock:
- Decide where to buy Arcbest stock
- Create your brokerage account
- Put funds into your brokerage account
- Research Arcbest stock
- Place your ARCB trade
- Keep an eye on your investment in ARCB
If you need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Arcbest, click below.
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