3 Reasons Why ArcBest (ARCB) Is a Great Growth Stock

Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, with ArcBest (ARCB) identified as a strong candidate due to its favorable growth metrics and Zacks Rank [1][6]. Group 1: Earnings Growth - ArcBest has a historical EPS growth rate of 41.4%, with projected EPS growth of 30.2% for the current year, significantly outperforming the industry average of 11.9% [3]. Group 2: Asset Utilization Ratio - The company has an asset utilization ratio (sales-to-total-assets ratio) of 1.81, indicating it generates $1.81 in sales for every dollar in assets, compared to the industry average of 1.16 [4]. - ArcBest's sales are expected to grow by 3% this year, surpassing the industry average growth of 2.8% [4]. Group 3: Earnings Estimate Revisions - The current-year earnings estimates for ArcBest have been revised upward, with the Zacks Consensus Estimate increasing by 1.2% over the past month, indicating positive momentum [5]. Group 4: Overall Assessment - ArcBest has achieved a Growth Score of A and holds a Zacks Rank of 2, suggesting it is a solid choice for growth investors and a potential outperformer in the market [6][7].