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Covenant Logistics Group (CVLG)
NASDAQ:CVLG
Covenant Logistics Group (CVLG) Stock Price & Analysis
184 Followers
CVLG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$33.25 - $57.17
Previous Close$43.69
Volume40.05K
Average Volume (3M)74.51K
Market Cap
$570.70M
Enterprise Value$813.94M
Total Cash (Recent Filing)$7.82M
Total Debt (Recent Filing)$250.67M
Price to Earnings (P/E)10.9
Beta0.88
Next Earnings
Apr 24, 2024EPS Estimate
$0.8Last Dividend Ex-Date
Feb 29, 2024Dividend Yield0.98%
Share Statistics
EPS (TTM)4.03
Shares Outstanding13,071,517
10 Day Avg. Volume61,572
30 Day Avg. Volume74,513
Standard Deviation0.14
R-Squared0.27
Alpha0.00854
Financial Highlights & Ratios
Price to Book (P/B)2.76
Price to Sales (P/S)0.80
Price to Cash Flow (P/CF)28.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.03
Enterprise Value/Gross Profit-1.17
Enterprise Value/Ebitda-2.72
Forecast
1Y Price Target
$68.00Price Target Upside55.75% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Covenant Logistics Group News
PremiumCompany Announcements
Covenant Logistics EVP Lynn Doster Announces Retirement
PremiumCompany Announcements
Covenant Logistics Group Declares Quarterly Cash Dividend
Ownership Overview
52.84% Insiders
17.85% Mutual Funds
13.30% Other Institutional Investors
16.01% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
CVLG FAQ
What was Covenant Logistics Group’s price range in the past 12 months?
Covenant Logistics Group lowest stock price was $33.25 and its highest was $57.17 in the past 12 months.
What is Covenant Logistics Group’s market cap?
Currently, no data Available
When is Covenant Logistics Group’s upcoming earnings report date?
Covenant Logistics Group’s upcoming earnings report date is Apr 24, 2024 which is in 5 days.
How were Covenant Logistics Group’s earnings last quarter?
Covenant Logistics Group released its earnings results on Jan 23, 2024. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $1.027 by $0.043.
Is Covenant Logistics Group overvalued?
According to Wall Street analysts Covenant Logistics Group’s price is currently Undervalued.
Does Covenant Logistics Group pay dividends?
Covenant Logistics Group pays a Quarterly dividend of $0.11 which represents an annual dividend yield of 0.98%. See more information on Covenant Logistics Group dividends here
What is Covenant Logistics Group’s EPS estimate?
Covenant Logistics Group’s EPS estimate is $0.8.
How many shares outstanding does Covenant Logistics Group have?
Covenant Logistics Group has 10,721,517 shares outstanding.
What happened to Covenant Logistics Group’s price movement after its last earnings report?
Covenant Logistics Group reported an EPS of $1.07 in its last earnings report, beating expectations of $1.027. Following the earnings report the stock price went up 1.947%.
Which hedge fund is a major shareholder of Covenant Logistics Group?
Among the largest hedge funds holding Covenant Logistics Group’s share is Royce & Associates LLC. It holds Covenant Logistics Group’s shares valued at 1M.
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Covenant Logistics Group Stock Smart Score
Underperform
1
2
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4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$68.00 (55.75% Upside)
$68.00 (55.75% Upside)
Blogger Sentiment
Bullish
CVLG Sentiment 75%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 8.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $10.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 6.0%
Last 30 Days ▼ 6.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
25.71%
12-Months-Change
Fundamentals
Return on Equity
14.00%
Trailing 12-Months
Asset Growth
20.18%
Trailing 12-Months
Company Description
Covenant Logistics Group
Covenant Transportation Group, Inc. is a holding company, which engages in the provision of freight and logistics services. It operates through the following segments: Truckload and Managed Freight segments. The Truckload segment consists of four service offerings: Expedited; Dedicated; Temperature-Controlled; and OTR. The Managed Freight segment is comprised primarily of freight brokerage, transportation management services (TMS), and shuttle and switching services. The company was founded by David Ray Parker in 1985 and is headquartered in Chattanooga, TN.
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CVLG Earnings Call
Q4 2024
0:00 / 0:00
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CVLG Stock 12 Months Forecast
Average Price Target
$68.00
▲(55.75% Upside)
Technical Analysis
Best Analysts Covering CVLG
1 Year
1 Year Success Rate
10/19 ratings generated profit
1 Year Average Return
+17.88%
upgraded a buy rating 3 months ago
Copying Jason Seidl's trades and holding each position for 1 Year would result in 52.63% of your transactions generating a profit, with an average return of +17.88% per trade.
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