According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best trucking stocks to buy right now are:
1. Schneider National (NYSE:SNDR)
The Component Grade breakdown for Schneider National (NYSE:SNDR) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: B, Financials: C, and AI: C.
Schneider National (NYSE:SNDR) has a Due Diligence Score of 29, which is -3 points lower than the trucking industry average of 32.
SNDR passed 10 out of 38 due diligence checks and has average fundamentals. Schneider National has seen its stock return 11.21% over the past year, overperforming other trucking stocks by 36 percentage points.
Schneider National has an average 1 year
price target of $26.46, an upside of 8.87% from Schneider National's current stock price of $24.30.
Schneider National stock has a consensus Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Schneider National, 27.27% have issued a Strong Buy rating, 0% have issued a Buy, 72.73% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Covenant Logistics Group (NYSE:CVLG)
The Component Grade breakdown for Covenant Logistics Group (NYSE:CVLG) is: Value: B, Growth: D, Momentum: C, Sentiment: C, Safety: A, Financials: C, and AI: C.
Covenant Logistics Group (NYSE:CVLG) has a Due Diligence Score of 43, which is 11 points higher than the trucking industry average of 32.
CVLG passed 15 out of 38 due diligence checks and has strong fundamentals. Covenant Logistics Group has seen its stock lose -3.79% over the past year, overperforming other trucking stocks by 21 percentage points.
Covenant Logistics Group has an average 1 year
price target of $36.00, an upside of 55.91% from Covenant Logistics Group's current stock price of $23.09.
Covenant Logistics Group stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Covenant Logistics Group, 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.
3. Arcbest (NASDAQ:ARCB)
Arcbest (NASDAQ:ARCB) is the #3 top trucking stock out of 15 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year.
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The Component Grade breakdown for Arcbest (NASDAQ:ARCB) is: Value: B, Growth: D, Momentum: D, Sentiment: C, Safety: C, Financials: C, and AI: C.
Arcbest (NASDAQ:ARCB) has a Due Diligence Score of 56, which is 24 points higher than the trucking industry average of 32.
ARCB passed 20 out of 38 due diligence checks and has strong fundamentals. Arcbest has seen its stock lose -34.84% over the past year, underperforming other trucking stocks by -10 percentage points.
Arcbest has an average 1 year
price target of $88.40, an upside of 27.63% from Arcbest's current stock price of $69.26.
Arcbest stock has a consensus Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Arcbest, 60% have issued a Strong Buy rating, 0% have issued a Buy, 40% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.