Covenant Logistics Group Inc (CVLG)

NYSE
Currency in USD
27.17
+0.44(+1.65%)
Closed
After Hours
27.17+0.22(+0.82%)
CVLG Scorecard
Full Analysis
2 analysts have revised their earnings downwards for the upcoming period
Earnings results expected in 8 days
Fair Value
Day's Range
26.7927.29
52 wk Range
21.5230.77
Key Statistics
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Prev. Close
26.73
Open
27.04
Day's Range
26.79-27.29
52 wk Range
21.52-30.77
Volume
66.98K
Average Vol. (3m)
109.82K
1-Year Change
15.51%
Book Value / Share
16.38
Fair Value
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Fair Value Upside
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CVLG Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
35.00
Upside
+28.82%
Members' Sentiments
Bearish
Bullish
ProTips
Valuation implies a poor free cash flow yield
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Covenant Logistics Group Inc Company Profile

Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing. The Expedited segment primarily provides truckload services with high service freight and delivery standards, such as 1,000 miles in 22 hours or 15-minute delivery windows. Its Dedicated segment provides customers with committed truckload capacity over contracted periods with the goal of three to five years in length using equipment either owned or leased by the company. The Managed Freight segment offers brokerage services, including logistics capacity by outsourcing the carriage of customers’ freight to third parties; and transport management services, such as logistics services on a contractual basis to customers who prefer to outsource their logistics needs. Its Warehousing segment provides day-to-day warehouse management services to customers, as well as shuttle and switching services related to shuttling containers and trailers. The company also engages in used equipment sales and leasing business. It serves transportation companies, such as parcel freight forwarders, less-than-truckload carriers, and third-party logistics providers; and traditional truckload customers, including manufacturers, retailers, and food and beverage shippers. The company was formerly known as Covenant Transportation Group, Inc. and changed its name to Covenant Logistics Group, Inc. in July 2020. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee.

Compare CVLG to Peers and Sector

Metrics to compare
CVLG
Peers
Sector
Relationship
P/E Ratio
17.0x38.5x11.8x
PEG Ratio
−0.78−0.310.03
Price / Book
1.6x5.5x1.4x
Price / LTM Sales
0.6x2.1x1.2x
Upside (Analyst Target)
30.0%24.0%26.9%
Fair Value Upside
Unlock5.3%9.0%Unlock

Analyst Ratings

3 Buy
1 Hold
0 Sell
Ratings:
4 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 35.00

(+28.82% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 1.6
Dividend Yield
0.82%
Industry Median 4.50%
Annualized Payout
0.2200
Paid quarterly
5-Years Growth
-
Growth Streak

Earnings

Latest Release
Oct 23, 2024
EPS / Forecast
0.545 / 1.06
Revenue / Forecast
287.89M / 299.81M
EPS Revisions
Last 90 days

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FAQ

What Is the Covenant (CVLG) Stock Price Today?

The Covenant stock price today is 27.17

What Stock Exchange Does Covenant Trade On?

Covenant is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Covenant?

The stock symbol for Covenant is "CVLG."

Does Covenant Pay Dividends? What’s The Current Dividend Yield?

The Covenant Logistics Group Inc dividend yield is 0.81%.

What Is the Covenant Market Cap?

As of today, Covenant market cap is 715.13M.

What is Covenant Earnings Per Share?

The Covenant EPS is 1.60.

What Is the Next Covenant Earnings Date?

Covenant will release its next earnings report on Jan 23, 2025.

From a Technical Analysis Perspective, Is CVLG a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.
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