Yes, that could be one of the causes, but they have to be really bad for that to happen.
Jack it up via the control arm, movement on the 12 and 6 position could be balljoints as well, but spin the tire, you'd most likely hear a grinding sound if they are eating the sensors.
I'll add to glfredrick, before you jack the vehicle up, or remove the tire, break the 32mm nut loose that holds on the hub, it'll be near impossible off the ground without a serious impact.
Edit: One last thing, the 32mm nut that holds the hub assembly on is a torque to yield nut, meaning single use.
It truly is the only thing holding the front wheel on the truck, don't skimp here, buy a new one (my opinion, others vary)