Sectors & IndustriesIndustrialsIntegrated Freight & Logistics

Best Logistic Stocks to Buy Now (2024)

Top logistic stocks in 2024 ranked by overall Due Diligence Score. See the best logistic stocks to buy now, according to analyst forecasts for the integrated freight & logistics industry.

According to Due Diligence Score, the 3 best freight stocks to buy right now are:

Globavend Holdings (NASDAQ:GVH) is the top logistic stock with a Due Diligence Score of 52, which is 26 points higher than the logistic industry average of 26. It passed 16 out of 33 due diligence checks and has strong fundamentals. Globavend Holdings has seen its stock lose -49.25% over the past year, underperforming other logistic stocks by -44 percentage points.

Zto Express (NYSE:ZTO) is the second best logistic stock with a Due Diligence Score of 48, which is 22 points higher than the logistic industry average of 26. It passed 17 out of 38 due diligence checks and has strong fundamentals. Zto Express has seen its stock lose -13.68% over the past year, underperforming other logistic stocks by -9 percentage points.

Zto Express has an average 1 year price target of $28.50, an upside of 54.14% from Zto Express's current stock price of $18.49.

Zto Express stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Zto Express, 66.67% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

United Parcel Service (NYSE:UPS) is the third best logistic stock with a Due Diligence Score of 44, which is 18 points higher than the logistic industry average of 26. It passed 15 out of 38 due diligence checks and has strong fundamentals. United Parcel Service has seen its stock lose -19.11% over the past year, underperforming other logistic stocks by -14 percentage points.

United Parcel Service has an average 1 year price target of $148.20, an upside of 17.98% from United Parcel Service's current stock price of $125.61.

United Parcel Service stock has a consensus Buy recommendation according to Wall Street analysts. Of the 15 analysts covering United Parcel Service, 33.33% have issued a Strong Buy rating, 13.33% have issued a Buy, 46.67% have issued a hold, while 0% have issued a Sell rating, and 6.67% have issued a Strong Sell.

Out of 10 logistic stocks that have issued dividends in the past year, the 3 logistic stocks with the highest dividend yields are:

Forward Air (NASDAQ:FWRD) has an annual dividend yield of N/A, which is N/A percentage points lower than the logistic industry average of 2.4%. Forward Air's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Forward Air's dividend has shown consistent growth over the last 10 years.

Forward Air's dividend payout ratio of -1% indicates that its dividend yield might not be sustainable for the long-term.

Zto Express (NYSE:ZTO) has an annual dividend yield of 5.25%, which is 3 percentage points higher than the logistic industry average of 2.4%. Zto Express's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Zto Express's dividend has shown consistent growth over the last 10 years.

Zto Express's dividend payout ratio of 64.9% indicates that its high dividend yield is sustainable for the long-term.

United Parcel Service (NYSE:UPS) has an annual dividend yield of 5.19%, which is 3 percentage points higher than the logistic industry average of 2.4%. United Parcel Service's dividend payout is stable, having never dropped by more than 10% in the last 10 years. United Parcel Service's dividend has shown consistent growth over the last 10 years.

United Parcel Service's dividend payout ratio of 98.2% indicates that its high dividend yield might not be sustainable for the long-term.

Logistic stocks were down -0.53% in the last day, and down -4.5% over the last week.

We couldn't find a catalyst for why logistic stocks are down.

Based on WallStreetZen's Valuation Score, the 3 most undervalued logistic stocks right now are:

Globavend Holdings (NASDAQ:GVH) is the most undervalued logistic stock based on WallStreetZen's Valuation Score. Globavend Holdings has a valuation score of 71, which is 52 points higher than the logistic industry average of 19. It passed 5 out of 7 valuation due diligence checks.

Globavend Holdings's stock has dropped -49.25% in the past year. It has underperformed other stocks in the logistic industry by -44 percentage points.

Shengfeng Development (NASDAQ:SFWL) is the second most undervalued logistic stock based on WallStreetZen's Valuation Score. Shengfeng Development has a valuation score of 43, which is 24 points higher than the logistic industry average of 19. It passed 3 out of 7 valuation due diligence checks.

Shengfeng Development's stock has dropped -91.18% in the past year. It has underperformed other stocks in the logistic industry by -86 percentage points.

Fedex (NYSE:FDX) is the third most undervalued logistic stock based on WallStreetZen's Valuation Score. Fedex has a valuation score of 43, which is 24 points higher than the logistic industry average of 19. It passed 3 out of 7 valuation due diligence checks.

Fedex's stock has gained 5.04% in the past year. It has overperformed other stocks in the logistic industry by 10 percentage points.