Wells Fargo analyst Christian Wetherbee maintains $ArcBest (ARCB.US)$ with a hold rating, and adjusts the target price from $112 to $105.
According to TipRanks data, the analyst has a success rate of 60.1% and a total average return of 13.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $ArcBest (ARCB.US)$'s main analysts recently are as follows:
Q3 results for ArcBest did not meet the already adjusted expectations, and the outlook for Q4 suggests potential negative deviation from consensus, similar to its peers. The forthcoming one to two quarters are pivotal in deciding if ArcBest will exemplify the most significant or most challenging mean reversion narrative in the Less-Than-Truckload (LTL) sector.
The firm noted that ArcBest did not meet their estimates and the consensus expectations for the third quarter, as the asset-based margins were reported below the anticipated guidance.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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富国集团分析师Christian Wetherbee维持$ArcBest (ARCB.US)$持有评级，并将目标价从112美元下调至105美元。
根据TipRanks数据显示，该分析师近一年总胜率为60.1%，总平均回报率为13.4%。
此外，综合报道，$ArcBest (ARCB.US)$近期主要分析师观点如下：
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