Michael Newcity - ArcBest Corp President

ARCB Stock  USD 112.58  2.67  2.43%   

President

Mr. Michael E. Newcity is Senior Vice President, Chief Innovation Officer, President of the Company. He previously served the Company as Chief Financial Officer and Chief Information Officer from August 2013 through December 2014, and prior to that had been Vice PresidentChief Financial Officer from June 2010 through July 2013, and DirectorEconomic Analysis from November 2007 through May 2010. Prior to that he had served as DirectorESystems and Emerging Technologies for ABF Freight from November 2005 through October 2007. In these capacities, Mr. Newcity led the group that provides critical analysis on topics including costing and profitability methods, incentive plans, metrics and forecasting, as well as the development and implementation of internal management systems. From January 2000 through October 2005, Mr. Newcity held several managerial positions with ABF Freight that spanned marketing, information technology and business development. He began his career with the Company in 1993 at its subsidiary, ArcBest Technologies, Inc., leading the Companys ecommerce development initiatives through December 1999 since 2015.
Age 54
Tenure 9 years
Professional MarksMBA
Address 8401 McClure Drive, Fort Smith, AR, United States, 72916
Phone479 785 6000
Webhttps://www.arcb.com
Newcity holds an M.B.A. from the Walton College at the University of Arkansas.

Michael Newcity Latest Insider Activity

Tracking and analyzing the buying and selling activities of Michael Newcity against ArcBest Corp stock is an integral part of due diligence when investing in ArcBest Corp. Michael Newcity insider activity provides valuable insight into whether ArcBest Corp is net buyers or sellers over its current business cycle. Note, ArcBest Corp insiders must abide by specific rules, including filing SEC forms every time they buy or sell ArcBest Corp'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

ArcBest Corp Management Efficiency

The company has return on total asset (ROA) of 0.0493 % which means that it generated a profit of $0.0493 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1528 %, meaning that it created $0.1528 on every $100 dollars invested by stockholders. ArcBest Corp's management efficiency ratios could be used to measure how well ArcBest Corp manages its routine affairs as well as how well it operates its assets and liabilities. At present, ArcBest Corp's Return On Tangible Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Capital Employed is expected to grow to 0.11, whereas Return On Equity is forecasted to decline to 0.06. At present, ArcBest Corp's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 1.7 B, whereas Non Currrent Assets Other are forecasted to decline to about 64.9 M.
ArcBest Corp currently holds 437.73 M in liabilities with Debt to Equity (D/E) ratio of 0.33, which is about average as compared to similar companies. ArcBest Corp has a current ratio of 1.23, suggesting that it is in a questionable position to pay out its financial obligations when due. Note, when we think about ArcBest Corp's use of debt, we should always consider it together with its cash and equity.

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ArcBest Corporation provides freight transportation and integrated logistics services. ArcBest Corporation was founded in 1923 and is headquartered in Fort Smith, Arkansas. Arcbest Corp operates under Trucking classification in the United States and is traded on NASDAQ Exchange. It employs 14000 people. ArcBest Corp (ARCB) is traded on NASDAQ Exchange in USA. It is located in 8401 McClure Drive, Fort Smith, AR, United States, 72916 and employs 15,000 people. ArcBest Corp is listed under Cargo Ground Transportation category by Fama And French industry classification.

Management Performance

ArcBest Corp Leadership Team

Elected by the shareholders, the ArcBest Corp's board of directors comprises two types of representatives: ArcBest Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ArcBest. The board's role is to monitor ArcBest Corp's management team and ensure that shareholders' interests are well served. ArcBest Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ArcBest Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Amy Mendenhall, Vice Treasurer
David Cobb, Chief Officer
Jason Parks, Controller VP
STEVEN LEONARD, Vice President–Customer Solutions
Michael CPA, Chief Secretary
Judy McReynolds, Chairman of Board of Director, CEO and Pres
Traci Sowersby, Chief Accounting Officer, VP and Controller
Matthew Beasley, Chief Officer
Matthew Godfrey, President Freight
Christopher Adkins, Vice Management
Dennis II, Chief Officer
Matt Beasley, CFO, VP
Judy CPA, Chairman CEO
Erin Gattis, Vice President - Human Resources
Seth Runser, Inc Systems
Michael Johns, VP, General Counsel and Corporate Secretary
Daniel Loe, Vice President - Enterprise Customer Solutions
Michael Newcity, Chief Innovation Officer, Sr. VP and President of Arcbest Technologies
David Humphrey, VP of Investor Relations

ArcBest Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is ArcBest Corp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether ArcBest Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ArcBest Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Arcbest Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Arcbest Corp Stock:
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For information on how to trade ArcBest Stock refer to our How to Trade ArcBest Stock guide.
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Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ArcBest Corp. If investors know ArcBest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ArcBest Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.98
Dividend Share
0.48
Earnings Share
8.23
Revenue Per Share
180.569
Quarterly Revenue Growth
(0.06)
The market value of ArcBest Corp is measured differently than its book value, which is the value of ArcBest that is recorded on the company's balance sheet. Investors also form their own opinion of ArcBest Corp's value that differs from its market value or its book value, called intrinsic value, which is ArcBest Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ArcBest Corp's market value can be influenced by many factors that don't directly affect ArcBest Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ArcBest Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ArcBest Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ArcBest Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.