Arcbest Freight Fractal $ARCB
Arkansas Best Freight or Arcbest Freight 
ARCB is a stock I have owned since last dip after earnings, my cost is around $59 dollars a share. As a whole, I am confident in trucking and freight and that is due to the massive shift to ecommerce thanks to COVID. They specialize in asset based deliveries - but more importantly are trying to grow with their asset light business. Below are two blurbs on each
- An asset-light model enables a shipper to retain its fundamental capability to service core customers and tap into shared assets, partners and digital tools to dynamically fulfill incremental or fast-changing demand.
- Asset-based carriers are trucking companies that work directly with shippers and own their equipment to provide truckload services. Large asset-based carriers may own hundreds or thousands of trucks, and employ drivers to operate them.
From a fundamental perspective, I love the company. They are looking to grow there revenue to 7bn to 8bn by 2025 - - they're revenue in 2019 was 2.98bn, 2020 2.94bn, and in 2021 they reaches revenues of 4.0bn - a 36% yoy raise. They expect growth to come from new acquisitions and being a trusted partner to smaller business to help them solve logisitic needs. I am a massive fan of Judy McReynolds as their Chairman, CEO and President - loads of experience, smart, strong and tough.
Other stats from FY 2021 - Non-GAAP operating income up 149%, and a 150% increase in diluted EPS
Trades at low valuations compared to it's sector and overall market.
From a technical side, the chart I am showing has 2 crossovers on the MACD, and I think we will see a similair swing through where we will base from 84 -100 and then start breaking through resistance and cross 120 uptowards 150.
Last Earnings Deck: arcb.com/sites/default/files/pdf/presentations/4Q21-ARCB-Earnings-Conference-Call-Presentation-Slides_0.pdf
Link to Financials: tradingview.com/symbols/NASDAQ-ARCB/financials-overview/
ARCB is a stock I have owned since last dip after earnings, my cost is around $59 dollars a share. As a whole, I am confident in trucking and freight and that is due to the massive shift to ecommerce thanks to COVID. They specialize in asset based deliveries - but more importantly are trying to grow with their asset light business. Below are two blurbs on each- An asset-light model enables a shipper to retain its fundamental capability to service core customers and tap into shared assets, partners and digital tools to dynamically fulfill incremental or fast-changing demand.
- Asset-based carriers are trucking companies that work directly with shippers and own their equipment to provide truckload services. Large asset-based carriers may own hundreds or thousands of trucks, and employ drivers to operate them.
From a fundamental perspective, I love the company. They are looking to grow there revenue to 7bn to 8bn by 2025 - - they're revenue in 2019 was 2.98bn, 2020 2.94bn, and in 2021 they reaches revenues of 4.0bn - a 36% yoy raise. They expect growth to come from new acquisitions and being a trusted partner to smaller business to help them solve logisitic needs. I am a massive fan of Judy McReynolds as their Chairman, CEO and President - loads of experience, smart, strong and tough.
Other stats from FY 2021 - Non-GAAP operating income up 149%, and a 150% increase in diluted EPS
Trades at low valuations compared to it's sector and overall market.
From a technical side, the chart I am showing has 2 crossovers on the MACD, and I think we will see a similair swing through where we will base from 84 -100 and then start breaking through resistance and cross 120 uptowards 150.
Last Earnings Deck: arcb.com/sites/default/files/pdf/presentations/4Q21-ARCB-Earnings-Conference-Call-Presentation-Slides_0.pdf
Link to Financials: tradingview.com/symbols/NASDAQ-ARCB/financials-overview/
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