We are eyeing up ArcBest Corporation (ARCB) for a potential long-term investment. The freight transportation company has a pretty attractive valuation at present, and momentum seems to be on its side. ArcBest reported earnings of $1.02 per share in its latest quarter which was a convincing beat by $0.15. The question now is whether the firm can keep this momentum going into the fourth quarter and beyond.
The transportation company at present has the following valuation multiples.
- Earnings multiple of 12.7
- Book multiple of 1.0
- Sales Multiple of 0.3
- Cash flow multiple of