ArcBest Corporation is a logistics company. It leverages technology and a full suite of solutions to meet its customers’ supply chain needs. Its segments include Asset-Based, which consists of ABF Freight System, Inc. and certain other subsidiaries (ABF Freight), and Asset-Light, which includes MoLo Solutions, LLC (MoLo), Panther, and certain other subsidiaries. The Asset-Based segment provides less-than-truckload (LTL) services through ABF Freight’s motor carrier operations. Its Asset-Based segment offers transportation of general commodities through standard, time-critical, and LTL services. The Asset-Light segment includes the ground expedite services of Panther; its truckload and dedicated operations, including the truckload brokerage services of MoLo; household goods moving services under the U-Pack brand and its managed transportation solutions. Its truckload and dedicated services provide third-party transportation brokerage services by sourcing various capacity solutions.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 6.52%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 6.52%.
Undervalued
The company’s latest PB is 1.33, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 23.68M shares, decreasing 9.43% quarter-over-quarter.
Held by Chuck Royce
Star Investor Chuck Royce holds 116.14K shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.10.