Arkansas Best Corp
Stocks move higher and lower everyday, but during earnings season these moves are particularly important because they are fundamentally induced. With earnings season near complete, we still have a few companies that could impress Wall Street. Therefore, let’s determine if Friday’s top earnings-related movers are a buy.
Fast-Growing But Expensive Company
There is no company that has more to lose, or gain, than YRC Worldwide (NASDAQ: YRCW) this earnings season. The company will report earnings on July 29, and investors are placing their bets on what could be a very volatile session.
Why The Excitement?
YRC Worldwide has exploded with gains of 330% in the last three months. The company’s gains were created after they posted an operating income for more »
The trucking industry has been running in a higher gear lately, as domestic economic growth has led to higher shipments of a variety of products, including auto components and general retail goods. The big winners have been the less-than-truckload companies, like Old Dominion Freight Line (NASDAQ: ODFL), which efficiently carry items for multiple customers over relatively short distances, typically 500 to 1,000 miles. While long haul truckers haven’t more »
Less-than-truckload (LTL) is a commonly used terminology in the world of trucks. LTL is different from truckload, as the former means that the goods being transported will not take the entire truck floor whereas the latter takes the full. Therefore, with LTL, you only pay for the space you occupy and not for the whole truck.
Truckers with large LTL exposure have been flying since the start of the year more »
In 2013, YRC Worldwide (NASDAQ: YRCW) has grown from a $60 million company to having a market cap of $240 million, a gain of more than 300%. While many assume that such large gains could indicate a potential pullback, I believe there is still unprecedented upside potential.
YRC at a glance
YRC Worldwide is a transportation company that operates in the industrial, commercial, and retail goods space. After producing almost more »
J.B. Hunt will inaugurate the earnings season for truck transportation stocks on April 11. The following note gives a brief earnings preview of three trucking companies, which will help us to understand the industry in a better fashion.
Arkansas Best (NASDAQ: ABFS)
Arkansas Best is a transportation holding company serving more than 98% of cities in the U.S. with populations of 30,000 or more. Through its main more »
What’s Driving Heartland America? (Part 2)
Where the rail companies are expected to get a boost from a rebounding economy, so should the trucking companies. As the U.S. starts to see some steadying of its economy, we should see an increase in products moving across America. Trucking companies are one of the key transporters of these products. The top trucking companies moving across the U.S. include: J more »
Low margin, capital intensive businesses usually turn out to be the worst investments in any given year. However, occasionally these businesses will trade at a price low enough to become interesting as an investment instead of a speculation. This is the case with Arkansas Best Corporation (NASDAQ: ABFS), one of the largest less-than-truckload (LTL) shippers in the United States. The company competes with the likes of FedEx and UPS, which more »