Analyst Downgrades – ArcBest Corporation (NASDAQ:ARCB) Stock Gets Downgraded By Cowen and Company from Outperform to Market Perform

ME Staff
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Analyst Ratings For ArcBest Corporation (NASDAQ:ARCB)

Today, ArcBest Corporation (NASDAQ:ARCB) stock was downgraded by Cowen and Company from Outperform to Market Perform.

There are 7 hold ratings on the stock.

The current consensus rating on ArcBest Corporation (NASDAQ:ARCB) is Hold (Score: 2.00) with a consensus target price of $27.40 per share, a potential 11.18% downside.

Some recent analyst ratings include

  • 10/16/2017-Cowen and Company was Downgraded by analysts at Cowen and Company from a “Outperform ” rating to a ” Market Perform” rating.
  • 10/5/2017-Morgan Stanley Reiterated Rating of Equal Weight.
  • 9/21/2017-Stifel Nicolaus Reiterated Rating of Hold.
  • 8/21/2017-Buckingham Research initiated coverage with a Neutral rating.
  • 8/9/2017-Deutsche Bank AG Reiterated Rating of Hold.
  • 12/16/2016-Seaport Global Securities Reiterated Rating of Neutral.
  • 11/4/2016-Bank of America Corp Upgrade from a “Underperform ” rating to a ” Neutral” rating.

Dividend information for ArcBest Corporation (NASDAQ:ARCB)

ArcBest Corporation (NASDAQ:ARCB) pays an annual dividend of Community Ranking: with a yield of 1.04%.

Dividend History for ArcBest Corporation (NASDAQ:ARCB)

  • On 7/26/2017 ArcBest Corporation announced a quarterly dividend of $0.08 1.46% with an ex dividend date of 8/4/2017 which will be payable on 8/22/2017.
  • On 5/2/2017 ArcBest Corporation announced a Quarterly dividend of $0.08 1.22% with an ex dividend date of 5/12/2017 which will be payable on 5/30/2017.
  • On 2/1/2017 ArcBest Corporation announced a quarterly dividend of $0.08 1% with an ex dividend date of 2/10/2017 which will be payable on 2/28/2017.
  • On 11/2/2016 ArcBest Corporation announced a quarterly dividend of $0.08 1.58% with an ex dividend date of 11/10/2016 which will be payable on 11/29/2016.
  • On 7/29/2016 ArcBest Corporation announced a quarterly dividend of $0.08 1.71% with an ex dividend date of 8/9/2016 which will be payable on 8/25/2016.
  • On 4/27/2016 ArcBest Corporation announced a quarterly dividend of $0.08 1.44% with an ex dividend date of 5/6/2016 which will be payable on 5/24/2016.
  • On 1/28/2016 ArcBest Corporation announced a quarterly dividend of $0.08 1.65% with an ex dividend date of 2/8/2016 which will be payable on 2/24/2016.

Recent Insider Trading Activity For ArcBest Corporation (NASDAQ:ARCB)
ArcBest Corporation (NASDAQ:ARCB) has insider ownership of 0.97% and institutional ownership of 84.92%.

  • On 9/6/2017 Steven Carrol Leonard, VP, sold 770 with an average share price of $30.00 per share and the total transaction amounting to $23,100.00. View SEC Filing
  • On 9/5/2017 Michael R Johns, VP, sold 6,593 with an average share price of $29.98 per share and the total transaction amounting to $197,658.14. View SEC Filing
  • On 8/14/2017 James A Ingram, COO, sold 6,918 with an average share price of $27.14 per share and the total transaction amounting to $187,754.52. View SEC Filing
  • On 8/4/2017 Daniel E Loe, Insider, sold 9,929 with an average share price of $25.87 per share and the total transaction amounting to $256,863.23. View SEC Filing
  • On 2/24/2017 James David Darter, Insider, sold 77 with an average share price of $30.51 per share and the total transaction amounting to $2,349.27. View SEC Filing
  • On 12/8/2016 Walter J Echols, VP, sold 9,664 with an average share price of $33.19 per share and the total transaction amounting to $320,748.16. View SEC Filing
  • On 12/5/2016 Daniel E Loe, VP, sold 5,394 with an average share price of $31.13 per share and the total transaction amounting to $167,915.22. View SEC Filing

Recent Trading Activity for ArcBest Corporation (NASDAQ:ARCB)
Shares of ArcBest Corporation closed the previous trading session at with shares trading hands.