Arcbest Corporation (NASDAQ:ARCB)

CAPS Rating: 2 out of 5

The Company is engaged through its subsidiaries primarily in motor carrier transportation operations. The principal subsidiaries of the Company are ABF Freight System, Inc. and FleetNet America, Inc.


Player Avatar mrindependent (36.30) Submitted: 1/27/2010 10:51:20 AM : Outperform Start Price: $26.32 ARCB Score: +5.92

Arkansas Best is a trucking company that has been losing money recently. Fortunately, the company's balance sheet is solid. Over the longer haul, this company tends to generate decent returns on equity and in normal economic environments it trades for more than 1.5 times book value. This company's share price has been pummeled recently based on declining expectations for the economy and decreasing earnings estimates for this company in particular. After the recent selloff, Arkansas Best is available for 1.1 times book value. I think the selloff was overdone and I expect a near term bounce.

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