Arkansas Best
NASDAQ symbol ABFS, provides less-than-truckload shipping services, which combine freight from multiple customers into a single vehicle. Freight carried by the company includes food, textiles, apparel and furniture.
Arkansas Best Corp. (symbol ABFS on Nasdaq) specializes in “less-than-truckload” shipping, which involves loading freight from a number of customers onto a single truck.
In 2010, Arkansas Best’s revenue rose 12.6%, to $1.7 billion from $1.5 billion on 2009. The company lost $32.7 million, or $1.30 per share, in 2010. However, that was a big improvement on the $127.5 million, …read more »
Businesses and consumers are shipping more packages as the economy improves. That’s helping FedEx and Arkansas Best. However, we prefer FedEx because of its larger international focus. It also uses fewer unionized workers.
FEDEX CORP. $94 (New York symbol FDX; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 315.0 million; Market cap: $29.6 billion; Price-to-sales ratio: 0.8: Dividend yield: 0.5%; TSINetwork Rating: …read more »
NORDSTROM INC. $34 has raised its quarterly dividend by 25.0%, to $0.20 a share from $0.16. The new annual rate of $0.80 yields 2.4%. Buy.
ARKANSAS BEST CORP. $23 lost $0.30 a share in the three months ended June 30, 2010. That’s a big improvement over the $0.62 a share it lost in the year-earlier quarter. Revenue rose 13.4%, to …read more »
ARKANSAS BEST CORP. $28 (Nasdaq symbol ABFS; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 25.3 million; Market cap: $708.4 million; WSSF Rating: Average) provides less-than-truckload shipping services, which combine freight from multiple customers into a single vehicle. Freight carried by the company includes food, textiles, apparel and furniture.
Higher fuel costs have hurt Arkansas Best’s earnings growth this year. …read more »
These two growth stock picks face slowing growth caused by weakness in the economy, but fuel is a key cost for both of them, so these growth stock picks stand to gain from the recent plunge in oil prices.
ARKANSAS BEST CORP. $28 (Nasdaq symbol ABFS; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 25.3 million; Market cap: $708.4 million; …read more »
ARKANSAS BEST CORP. $37 (Nasdaq symbol ABFS; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 25.2 million; Market cap: $932.4 million; WSSF Rating: Average) specializes in less-than-truckload (LTL) shipping, which combines freight from multiple customers into a single vehicle. LTL services supply 95% of Arkansas Best’s revenue. The remaining 5% comes from logistics and vehicle maintenance services.
The company is …read more »
ARKANSAS BEST CORP. $23 (Nasdaq symbol ABFS; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 25.2 million; Market cap: $579.6 million; WSSF Rating: Average) has dropped nearly 50% in the past six months, as the slowing economy has cut demand for its trucking services. Higher fuel costs and workers compensation claims have also hurt its earnings growth.
However, Arkansas Best …read more »
ARKANSAS BEST CORP. $41 (Nasdaq symbol ABFS; Aggressive Growth Portfolio, Manufacturing & Industry sector; WSSF Rating: Average) specializes in less-than-truckload (LTL) shipping, which combines freight from multiple customers into a single vehicle. LTL services supply 90% of its revenue.
In the three months ended September 30, 2006, earnings from continuing operations fell 21.5%, to $1.24 a share from $1.58 a year …read more »
ARKANSAS BEST CORP. $47 (Nasdaq symbol ABFS; Aggressive Growth Portfolio, Manufacturing & Industry sector; WSSF Rating: Average) has sold its Clipper Express subsidiary, which ships goods using trucks and trains. The sale will generate a gain of roughly $0.12 a share, or 27% of the $0.44 a share it earned before one-time items in the first quarter of 2006. It …read more »
WASHINGTON MUTUAL INC. $43 (New York symbol WM; WSSF Rating: Average) has a low p/e (10) and high dividend yield (4.7%), partly due to fears that it invested too heavily in the housing boom; this weighs on its stock price. Now, regulators want lenders to retain more of their earnings as a cushion against rising loan losses. That could hurt …read more »
