Sectors & Industries IndustrialsTrucking
Best Trucking Stocks to Buy Now (2022)
Top trucking stocks in 2022 ranked by overall Zen Score. See the best trucking stocks to buy now, according to analyst forecasts for the trucking industry.

Industry: Trucking

Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
ODFL	OLD DOMINION FREIGHT LINE INC	NASDAQ	Trucking	$27.72B	$248.03	1.49%	$1.95B	22.86x	0.35
ARCB	ARCBEST CORP	NASDAQ	Trucking	$1.72B	$70.23	-1.35%	$539.40M	5.83x	1.16
SAIA	SAIA INC	NASDAQ	Trucking	$4.85B	$183.54	-0.98%	$600.79M	14.16x	0.46
CVLG	COVENANT LOGISTICS GROUP INC	NASDAQ	Trucking	$403.97M	$27.95	-0.89%	$164.65M	5.64x	0.97
ULH	UNIVERSAL LOGISTICS HOLDINGS INC	NASDAQ	Trucking	$808.03M	$30.75	-5.09%	$266.19M	7.27x	2.25
MRTN	MARTEN TRANSPORT LTD	NASDAQ	Trucking	$1.57B	$19.39	-1.52%	$246.71M	15.15x	0.40
HTLD	HEARTLAND EXPRESS INC	NASDAQ	Trucking	$1.12B	$14.21	-0.07%	$286.84M	8.12x	0.36
KNX	KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC	NYSE	Trucking	$7.70B	$47.91	0.38%	$1.87B	8.91x	0.62
PTSI	PAM TRANSPORTATION SERVICES INC	NASDAQ	Trucking	$653.60M	$29.35	-0.91%	$192.82M	6.76x	1.61
TSP	TUSIMPLE HOLDINGS INC	NASDAQ	Trucking	$1.61B	$7.16	4.37%	-$440.98M	-3.96x	0.08
SNDR	SCHNEIDER NATIONAL INC	NYSE	Trucking	$3.70B	$20.81	-1.51%	$953.60M	7.94x	0.61
PATI	PATRIOT TRANSPORTATION HOLDING INC	NASDAQ	Trucking	$27.14M	$7.79	-1.64%	$16.24M	3.95x	0.57
WERN	WERNER ENTERPRISES INC	NASDAQ	Trucking	$2.43B	$38.26	-0.03%	$634.04M	9.49x	1.09
TFII	TFI INTERNATIONAL INC	NYSE	Trucking	$8.11B	$91.00	-2.96%	$1.53B	10.85x	1.56
DSKE	DASEKE INC	NASDAQ	Trucking	$309.27M	$4.87	-4.13%	$204.70M	5.73x	4.35
YELL	YELLOW CORP	NASDAQ	Trucking	$250.39M	$4.85	-6.73%	$413.30M	-53.89x	-8.73
YGMZ	MINGZHU LOGISTICS HOLDINGS LTD	NASDAQ	Trucking	$37.60M	$1.97	-2.72%	$1.03M	-39.30x	0.73
BEST	BEST INC	NYSE	Trucking	$64.44M	$0.82	-9.19%	N/A	N/A	5.54
USX	US XPRESS ENTERPRISES INC	NYSE	Trucking	$133.31M	$2.59	1.17%	$66.65M	-6.48x	3.84

Trucking Stocks FAQ

What are the best trucking stocks to buy right now in Sep 2022?

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

1. Old Dominion Freight Line (NASDAQ:ODFL)

Old Dominion Freight Line (NASDAQ:ODFL) is the top trucking stock with a Zen Score of 63, which is 20 points higher than the trucking industry average of 43. It passed 24 out of 38 due diligence checks and has strong fundamentals. Old Dominion Freight Line has seen its stock lose -17.23% over the past year, overperforming other trucking stocks by 1 percentage points.

Old Dominion Freight Line has an average 1 year price target of $298.90, an upside of 20.51% from Old Dominion Freight Line's current stock price of $248.03.

Old Dominion Freight Line stock has a consensus Hold recommendation according to Wall Street analysts. Of the 13 analysts covering Old Dominion Freight Line, 15.38% have issued a Strong Buy rating, 7.69% have issued a Buy, 53.85% have issued a hold, while 15.38% have issued a Sell rating, and 7.69% have issued a Strong Sell.

2. Arcbest (NASDAQ:ARCB)

Arcbest (NASDAQ:ARCB) is the second best trucking stock with a Zen Score of 62, which is 19 points higher than the trucking industry average of 43. It passed 23 out of 38 due diligence checks and has strong fundamentals. Arcbest has seen its stock lose -7.75% over the past year, overperforming other trucking stocks by 10 percentage points.

Arcbest has an average 1 year price target of $112.75, an upside of 60.54% from Arcbest's current stock price of $70.23.

Arcbest stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Arcbest, 50% have issued a Strong Buy rating, 25% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Saia (NASDAQ:SAIA)

Saia (NASDAQ:SAIA) is the third best trucking stock with a Zen Score of 61, which is 18 points higher than the trucking industry average of 43. It passed 20 out of 33 due diligence checks and has strong fundamentals. Saia has seen its stock lose -24.57% over the past year, underperforming other trucking stocks by -7 percentage points.

Saia has an average 1 year price target of $280.50, an upside of 52.83% from Saia's current stock price of $183.54.

Saia stock has a consensus Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Saia, 50% have issued a Strong Buy rating, 33.33% have issued a Buy, 8.33% have issued a hold, while 0% have issued a Sell rating, and 8.33% have issued a Strong Sell.

What are the trucking stocks with highest dividends?

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

1. Universal Logistics Holdings (NASDAQ:ULH)

Universal Logistics Holdings (NASDAQ:ULH) has an annual dividend yield of 1.71%, which is 1 percentage points higher than the trucking industry average of 0.9%. Universal Logistics Holdings's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Universal Logistics Holdings's dividend has shown consistent growth over the last 10 years.

Universal Logistics Holdings's dividend payout ratio of 12.4% indicates that its dividend yield is sustainable for the long-term.

2. Schneider National (NYSE:SNDR)

Schneider National (NYSE:SNDR) has an annual dividend yield of 1.49%, which is 1 percentage points higher than the trucking industry average of 0.9%. Schneider National's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Schneider National's dividend has shown consistent growth over the last 10 years.

Schneider National's dividend payout ratio of 11.5% indicates that its dividend yield is sustainable for the long-term.

3. Werner Enterprises (NASDAQ:WERN)

Werner Enterprises (NASDAQ:WERN) has an annual dividend yield of 1.28%, which is the same as the trucking industry average of 0.9%. Werner Enterprises's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Werner Enterprises's dividend has shown consistent growth over the last 10 years.

Werner Enterprises's dividend payout ratio of 12.2% indicates that its dividend yield is sustainable for the long-term.

Why are trucking stocks down?

Trucking stocks were down -0.59% in the last day, and down -2.14% over the last week.

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

What are the most undervalued trucking stocks?

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

1. Patriot Transportation Holding (NASDAQ:PATI)

Patriot Transportation Holding (NASDAQ:PATI) is the most undervalued trucking stock based on WallStreetZen's Valuation Score. Patriot Transportation Holding has a valuation score of 100, which is 47 points higher than the trucking industry average of 53. It passed 7 out of 7 valuation due diligence checks.

Patriot Transportation Holding's stock has dropped -31.06% in the past year. It has underperformed other stocks in the trucking industry by -13 percentage points.

2. Universal Logistics Holdings (NASDAQ:ULH)

Universal Logistics Holdings (NASDAQ:ULH) is the second most undervalued trucking stock based on WallStreetZen's Valuation Score. Universal Logistics Holdings has a valuation score of 86, which is 33 points higher than the trucking industry average of 53. It passed 6 out of 7 valuation due diligence checks.

Universal Logistics Holdings's stock has gained 54.21% in the past year. It has overperformed other stocks in the trucking industry by 72 percentage points.

3. Covenant Logistics Group (NASDAQ:CVLG)

Covenant Logistics Group (NASDAQ:CVLG) is the third most undervalued trucking stock based on WallStreetZen's Valuation Score. Covenant Logistics Group has a valuation score of 86, which is 33 points higher than the trucking industry average of 53. It passed 6 out of 7 valuation due diligence checks.

Covenant Logistics Group's stock has dropped -1.1% in the past year. It has overperformed other stocks in the trucking industry by 17 percentage points.

Are trucking stocks a good buy now?

35.29% of trucking stocks rated by analysts are a strong buy right now. On average, analysts expect trucking stocks to rise by 39.07% over the next year.

What is the average p/e ratio of the trucking industry?

The average P/E ratio of the trucking industry is 14.97x.

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.