ArcBest (ARCB) Receives News Sentiment Rating of 0.07

Media stories about ArcBest (NASDAQ:ARCB) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. ArcBest earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave news coverage about the transportation company an impact score of 44.3307837403122 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the media stories that may have impacted Accern Sentiment’s scoring:

Shares of ArcBest (ARCB) opened at $36.45 on Thursday. The firm has a market capitalization of $934.46, a price-to-earnings ratio of 39.19 and a beta of 1.82. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.26 and a current ratio of 1.26. ArcBest has a one year low of $16.95 and a one year high of $38.75.

ArcBest (NASDAQ:ARCB) last released its quarterly earnings data on Friday, November 3rd. The transportation company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.01. The business had revenue of $744.30 million during the quarter, compared to analyst estimates of $750.16 million. ArcBest had a return on equity of 5.34% and a net margin of 0.88%. The company’s revenue was up 4.3% compared to the same quarter last year. During the same period last year, the company posted $0.48 EPS. research analysts anticipate that ArcBest will post 1.29 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 28th. Stockholders of record on Tuesday, November 14th were paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.88%. The ex-dividend date of this dividend was Monday, November 13th. ArcBest’s dividend payout ratio is presently 34.41%.

ARCB has been the topic of several research analyst reports. Cowen cut ArcBest from an “outperform” rating to a “market perform” rating in a research report on Monday, October 16th. Zacks Investment Research cut ArcBest from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. Morgan Stanley reiterated an “equal weight” rating and set a $22.00 price target (up from $21.00) on shares of ArcBest in a research report on Thursday, October 5th. Bank of America lifted their price target on ArcBest from $34.00 to $35.00 and gave the company a “neutral” rating in a research report on Monday, November 6th. Finally, Stifel Nicolaus cut ArcBest from a “hold” rating to a “sell” rating and lifted their price target for the company from $27.00 to $32.00 in a research report on Wednesday, December 13th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $31.43.

In other news, Director Janice E. Stipp sold 3,700 shares of the firm’s stock in a transaction on Friday, December 8th. The stock was sold at an average price of $38.09, for a total value of $140,933.00. Following the completion of the sale, the director now owns 20,200 shares of the company’s stock, valued at $769,418. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director William Legg sold 6,153 shares of the firm’s stock in a transaction on Monday, December 11th. The stock was sold at an average price of $37.52, for a total value of $230,860.56. Following the completion of the sale, the director now directly owns 36,147 shares of the company’s stock, valued at approximately $1,356,235.44. The disclosure for this sale can be found here. Over the last three months, insiders have sold 13,853 shares of company stock valued at $499,794. Corporate insiders own 0.97% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “ArcBest (ARCB) Receives News Sentiment Rating of 0.07” was originally reported by Week Herald and is owned by of Week Herald. If you are accessing this story on another site, it was illegally stolen and reposted in violation of international copyright legislation. The legal version of this story can be viewed at https://weekherald.com/2017/12/28/arcbest-arcb-receives-news-sentiment-rating-of-0-07-2.html.

ArcBest Company Profile

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).

Insider Buying and Selling by Quarter for ArcBest (NASDAQ:ARCB)

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

ArcBest (ARCB) Receives News Sentiment Rating of 0.07

Media stories about ArcBest (NASDAQ:ARCB) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. ArcBest earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave news coverage about the transportation company an impact score of 44.3307837403122 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the media stories that may have impacted Accern Sentiment’s scoring:

Shares of ArcBest (ARCB) opened at $36.45 on Thursday. The firm has a market capitalization of $934.46, a price-to-earnings ratio of 39.19 and a beta of 1.82. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.26 and a current ratio of 1.26. ArcBest has a one year low of $16.95 and a one year high of $38.75.

ArcBest (NASDAQ:ARCB) last released its quarterly earnings data on Friday, November 3rd. The transportation company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.01. The business had revenue of $744.30 million during the quarter, compared to analyst estimates of $750.16 million. ArcBest had a return on equity of 5.34% and a net margin of 0.88%. The company’s revenue was up 4.3% compared to the same quarter last year. During the same period last year, the company posted $0.48 EPS. research analysts anticipate that ArcBest will post 1.29 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 28th. Stockholders of record on Tuesday, November 14th were paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.88%. The ex-dividend date of this dividend was Monday, November 13th. ArcBest’s dividend payout ratio is presently 34.41%.

ARCB has been the topic of several research analyst reports. Cowen cut ArcBest from an “outperform” rating to a “market perform” rating in a research report on Monday, October 16th. Zacks Investment Research cut ArcBest from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. Morgan Stanley reiterated an “equal weight” rating and set a $22.00 price target (up from $21.00) on shares of ArcBest in a research report on Thursday, October 5th. Bank of America lifted their price target on ArcBest from $34.00 to $35.00 and gave the company a “neutral” rating in a research report on Monday, November 6th. Finally, Stifel Nicolaus cut ArcBest from a “hold” rating to a “sell” rating and lifted their price target for the company from $27.00 to $32.00 in a research report on Wednesday, December 13th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $31.43.

In other news, Director Janice E. Stipp sold 3,700 shares of the firm’s stock in a transaction on Friday, December 8th. The stock was sold at an average price of $38.09, for a total value of $140,933.00. Following the completion of the sale, the director now owns 20,200 shares of the company’s stock, valued at $769,418. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director William Legg sold 6,153 shares of the firm’s stock in a transaction on Monday, December 11th. The stock was sold at an average price of $37.52, for a total value of $230,860.56. Following the completion of the sale, the director now directly owns 36,147 shares of the company’s stock, valued at approximately $1,356,235.44. The disclosure for this sale can be found here. Over the last three months, insiders have sold 13,853 shares of company stock valued at $499,794. Corporate insiders own 0.97% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “ArcBest (ARCB) Receives News Sentiment Rating of 0.07” was originally reported by Week Herald and is owned by of Week Herald. If you are accessing this story on another site, it was illegally stolen and reposted in violation of international copyright legislation. The legal version of this story can be viewed at https://weekherald.com/2017/12/28/arcbest-arcb-receives-news-sentiment-rating-of-0-07-2.html.

ArcBest Company Profile

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).

Insider Buying and Selling by Quarter for ArcBest (NASDAQ:ARCB)

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

Leave a Reply