What You Can Learn From Freight Technologies, Inc.'s (NASDAQ:FRGT) P/S After Its 43% Share Price Crash
Jun 20
U.S. Logistics Industry Analysis
UpdatedJun 21, 2024
DataAggregated Company Financials
Companies25
- 7D1.0%
- 3M-8.7%
- 1Y-12.3%
- YTD-8.4%
The Logistics industry has been flat over the last week, but ZTO Express (Cayman) has lost 4.5%. As for the longer term, the industry has declined 12% in the last year. Earnings are forecast to grow by 12% annually.
Industry Valuation and Performance
Has the U.S. Logistics Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 21 Jun 2024 | US$231.6b | US$228.6b | US$12.7b | 20.1x | 18.2x | 1x |
| Sun, 19 May 2024 | US$248.4b | US$228.6b | US$12.7b | 21.3x | 19.6x | 1.1x |
| Tue, 16 Apr 2024 | US$240.8b | US$230.2b | US$13.8b | 16.8x | 17.4x | 1x |
| Thu, 14 Mar 2024 | US$251.9b | US$231.7b | US$13.6b | 19.7x | 18.6x | 1.1x |
| Sat, 10 Feb 2024 | US$239.0b | US$233.1b | US$13.7b | 15.6x | 17.4x | 1x |
| Mon, 08 Jan 2024 | US$258.2b | US$241.0b | US$16.1b | 15.3x | 16.1x | 1.1x |
| Wed, 06 Dec 2023 | US$261.9b | US$241.7b | US$15.9b | 15.7x | 16.4x | 1.1x |
| Fri, 03 Nov 2023 | US$240.5b | US$243.6b | US$16.1b | 14.9x | 14.9x | 1x |
| Sun, 01 Oct 2023 | US$263.5b | US$248.9b | US$17.8b | 13.3x | 14.8x | 1.1x |
| Tue, 29 Aug 2023 | US$273.9b | US$250.6b | US$17.5b | 15.2x | 15.6x | 1.1x |
| Thu, 27 Jul 2023 | US$297.2b | US$258.4b | US$18.8b | 14.7x | 15.8x | 1.2x |
| Sat, 24 Jun 2023 | US$269.9b | US$258.4b | US$18.8b | 14x | 14.4x | 1x |
| Mon, 22 May 2023 | US$273.9b | US$260.9b | US$17.7b | 14.4x | 15.5x | 1x |
| Wed, 19 Apr 2023 | US$292.8b | US$266.9b | US$18.8b | 14.7x | 15.6x | 1.1x |
| Fri, 17 Mar 2023 | US$279.7b | US$268.0b | US$19.1b | 14x | 14.6x | 1x |
| Sun, 12 Feb 2023 | US$282.6b | US$269.7b | US$19.3b | 13.9x | 14.6x | 1x |
| Tue, 10 Jan 2023 | US$272.8b | US$272.1b | US$19.1b | 14.2x | 14.3x | 1x |
| Thu, 08 Dec 2022 | US$260.6b | US$272.6b | US$19.4b | 12.5x | 13.4x | 1x |
| Sat, 05 Nov 2022 | US$241.3b | US$271.9b | US$19.3b | 10.6x | 12.5x | 0.9x |
| Mon, 03 Oct 2022 | US$238.2b | US$270.7b | US$19.2b | 10.1x | 12.4x | 0.9x |
| Wed, 31 Aug 2022 | US$293.1b | US$268.7b | US$19.4b | 12x | 15.1x | 1.1x |
| Fri, 29 Jul 2022 | US$282.9b | US$265.4b | US$19.1b | 11x | 14.8x | 1.1x |
| Sun, 26 Jun 2022 | US$289.7b | US$264.1b | US$18.9b | 12.7x | 15.3x | 1.1x |
| Tue, 24 May 2022 | US$273.0b | US$262.2b | US$20.2b | 11.2x | 13.5x | 1x |
| Thu, 21 Apr 2022 | US$287.2b | US$257.0b | US$22.0b | 11.8x | 13x | 1.1x |
| Sat, 19 Mar 2022 | US$322.6b | US$258.4b | US$21.9b | 14.8x | 14.7x | 1.2x |
| Mon, 14 Feb 2022 | US$322.6b | US$253.7b | US$21.7b | 14.4x | 14.9x | 1.3x |
| Wed, 12 Jan 2022 | US$334.1b | US$248.1b | US$15.1b | 18.2x | 22.2x | 1.3x |
| Fri, 10 Dec 2021 | US$327.8b | US$245.1b | US$15.2b | 18.2x | 21.5x | 1.3x |
| Sun, 07 Nov 2021 | US$325.1b | US$249.7b | US$14.9b | 17.1x | 21.8x | 1.3x |
| Tue, 05 Oct 2021 | US$288.8b | US$242.4b | US$14.0b | 18.5x | 20.6x | 1.2x |
| Thu, 02 Sep 2021 | US$321.9b | US$234.9b | US$14.5b | 18.4x | 22.2x | 1.4x |
| Sat, 31 Jul 2021 | US$313.6b | US$234.9b | US$14.5b | 17.8x | 21.6x | 1.3x |
Price to Earnings Ratio
22.8x
Current Industry PE
- Investors are relatively neutral on the American Logistics industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 16.7x.
- The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Logistics industry have declined 4.1% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the U.S. Industrials industry?
| US Market | 0.41% | |
| Industrials | 0.21% | |
| Logistics | 0.99% | |
| Air Freight and Logistics | 0.99% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| UPS United Parcel Service | US$136.87 | 1.5% +US$1.7b | -20.1% | PE19.8x | |
| FDX FedEx | US$252.52 | 1.6% +US$964.6m | 8.4% | PE14.2x | |
| CHRW C.H. Robinson Worldwide | US$87.49 | 3.5% +US$347.8m | -4.9% | PE33.8x | |
| EXPD Expeditors International of Washington | US$126.25 | 1.6% +US$276.9m | 10.2% | PE25.6x | |
| AAWW Atlas Air Worldwide Holdings | US$102.48 | 3.0% +US$84.8m | 19.2% | PE8.2x |
