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Sectors & IndustriesIndustrialsIntegrated Freight & Logistics
Best Logistic Stocks to Buy Now (2024)
Top logistic stocks in 2024 ranked by overall Zen Score. See the best logistic stocks to buy now, according to analyst forecasts for the integrated freight & logistics industry.

Industry: Integrated Freight & Logi...
Ticker
Company
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
ZTO
ZTO EXPRESS (CAYMAN) INC
$17.15B$21.27$29.6739.48%Strong Buy312.55%41.62%N/AN/A
FWRD
FORWARD AIR CORP
$791.11M$30.00$55.0083.33%Hold4105.38%N/AN/AN/A
FDX
FEDEX CORP
$70.84B$287.88$309.477.50%Strong Buy172.23%35.73%N/AN/A
UPS
UNITED PARCEL SERVICE INC
$125.62B$147.33$158.317.45%Buy132.85%38.63%N/AN/A
LSTR
LANDSTAR SYSTEM INC
$6.69B$187.31$179.63-4.10%Hold83.14%21.02%N/AN/A
SFWL
SHENGFENG DEVELOPMENT LTD
$144.20M$1.75N/AN/AN/AN/AN/AN/AN/AN/A
CHRW
C H ROBINSON WORLDWIDE INC
$8.69B$74.32$75.832.04%Sell61.69%65.22%N/AN/A
GVH
GLOBAVEND HOLDINGS LTD
$22.50M$1.50N/AN/AN/AN/AN/AN/AN/AN/A
JBHT
HUNT J B TRANSPORT SERVICES INC
$20.16B$195.20$207.186.14%Buy116.05%27.59%N/AN/A
GXO
GXO LOGISTICS INC
$6.28B$52.63$67.5628.36%Strong Buy96.72%55.22%N/AN/A
EXPD
EXPEDITORS INTERNATIONAL OF WASHINGTON INC
$17.45B$121.24$110.00-9.27%Sell6-2.32%2.15%N/AN/A
HUBG
HUB GROUP INC
$2.70B$42.95$46.367.93%Buy78.60%11.08%N/AN/A
CRGO
FREIGHTOS LTD
$115.43M$2.41N/AN/AN/AN/A22.57%N/AN/AN/A
JYD
JAYUD GLOBAL LOGISTICS LTD
$19.70M$0.99N/AN/AN/AN/AN/AN/AN/AN/A
CYRX
CRYOPORT INC
$887.47M$18.12$17.33-4.34%Hold38.55%N/AN/AN/A
RLGT
RADIANT LOGISTICS INC
$249.16M$5.31N/AN/AN/AN/AN/AN/AN/AN/A
ATXG
ADDENTAX GROUP CORP
$4.17M$0.97N/AN/AN/AN/AN/AN/AN/AN/A
SGLY
SINGULARITY FUTURE TECHNOLOGY LTD
$16.43M$4.76N/AN/AN/AN/AN/AN/AN/AN/A
AIRT
AIR T INC
$59.28M$21.01N/AN/AN/AN/AN/AN/AN/AN/A
PBI
PITNEY BOWES INC
$773.20M$4.38N/AN/AN/AN/A-0.38%N/AN/AN/A

Logistic Stocks FAQ

What are the best logistic stocks to buy right now in Mar 2024?

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

1. Zto Express (NYSE:ZTO)


Zto Express (NYSE:ZTO) is the top logistic stock with a Zen Score of 59, which is 22 points higher than the logistic industry average of 37. It passed 22 out of 38 due diligence checks and has strong fundamentals. Zto Express has seen its stock lose -24.44% over the past year, underperforming other logistic stocks by -22 percentage points.

Zto Express has an average 1 year price target of $29.67, an upside of 39.48% from Zto Express's current stock price of $21.27.

Zto Express stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Zto Express, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Forward Air (NASDAQ:FWRD)


Forward Air (NASDAQ:FWRD) is the second best logistic stock with a Zen Score of 58, which is 21 points higher than the logistic industry average of 37. It passed 21 out of 38 due diligence checks and has strong fundamentals. Forward Air has seen its stock lose -71.18% over the past year, underperforming other logistic stocks by -68 percentage points.

Forward Air has an average 1 year price target of $55.00, an upside of 83.33% from Forward Air's current stock price of $30.00.

Forward Air stock has a consensus Hold recommendation according to Wall Street analysts. Of the 4 analysts covering Forward Air, 25% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 25% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Fedex (NYSE:FDX)


Fedex (NYSE:FDX) is the third best logistic stock with a Zen Score of 55, which is 18 points higher than the logistic industry average of 37. It passed 19 out of 38 due diligence checks and has strong fundamentals. Fedex has seen its stock return 30.96% over the past year, overperforming other logistic stocks by 34 percentage points.

Fedex has an average 1 year price target of $309.47, an upside of 7.5% from Fedex's current stock price of $287.88.

Fedex stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 17 analysts covering Fedex, 52.94% have issued a Strong Buy rating, 23.53% have issued a Buy, 17.65% have issued a hold, while 5.88% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the logistic stocks with highest dividends?

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

1. Pitney Bowes (NYSE:PBI)


Pitney Bowes (NYSE:PBI) has an annual dividend yield of 4.57%, which is 2 percentage points higher than the logistic industry average of 2.22%. Pitney Bowes's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Pitney Bowes's dividend has not shown consistent growth over the last 10 years.

Pitney Bowes's dividend payout ratio of -9.1% indicates that its dividend yield might not be sustainable for the long-term.

2. United Parcel Service (NYSE:UPS)


United Parcel Service (NYSE:UPS) has an annual dividend yield of 4.41%, which is 2 percentage points higher than the logistic industry average of 2.22%. 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 83.1% indicates that its dividend yield is sustainable for the long-term.

3. C H Robinson Worldwide (NASDAQ:CHRW)


C H Robinson Worldwide (NASDAQ:CHRW) has an annual dividend yield of 3.28%, which is 1 percentage points higher than the logistic industry average of 2.22%. C H Robinson Worldwide's dividend payout is stable, having never dropped by more than 10% in the last 10 years. C H Robinson Worldwide's dividend has shown consistent growth over the last 10 years.

C H Robinson Worldwide's dividend payout ratio of 89.1% indicates that its dividend yield is sustainable for the long-term.

Why are logistic stocks up?

Logistic stocks were up 1.1% in the last day, and up 2.73% over the last week.

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

What are the most undervalued logistic stocks?

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

1. Forward Air (NASDAQ:FWRD)


Forward Air (NASDAQ:FWRD) is the most undervalued logistic stock based on WallStreetZen's Valuation Score. Forward Air has a valuation score of 86, which is 49 points higher than the logistic industry average of 37. It passed 6 out of 7 valuation due diligence checks.

Forward Air's stock has dropped -71.18% in the past year. It has underperformed other stocks in the logistic industry by -68 percentage points.

2. Fedex (NYSE:FDX)


Fedex (NYSE:FDX) is the second most undervalued logistic stock based on WallStreetZen's Valuation Score. Fedex has a valuation score of 71, which is 34 points higher than the logistic industry average of 37. It passed 5 out of 7 valuation due diligence checks.

Fedex's stock has gained 30.96% in the past year. It has overperformed other stocks in the logistic industry by 34 percentage points.

3. Shengfeng Development (NASDAQ:SFWL)


Shengfeng Development (NASDAQ:SFWL) is the third most undervalued logistic stock based on WallStreetZen's Valuation Score. Shengfeng Development has a valuation score of 71, which is 34 points higher than the logistic industry average of 37. It passed 5 out of 7 valuation due diligence checks.

Shengfeng Development's stock has dropped -56.47% in the past year. It has underperformed other stocks in the logistic industry by -54 percentage points.

Are logistic stocks a good buy now?

27.27% of logistic stocks rated by analysts are a strong buy right now. On average, analysts expect logistic stocks to rise by 6.63% over the next year.

What is the average p/e ratio of the integrated freight & logistics industry?

The average P/E ratio of the integrated freight & logistics industry is 19.3x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.