Covenant Logistics Group Inc's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 24/74 in the Freight & Logistics Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 31.00.In the medium term, the stock price is expected to remain stable.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Covenant Logistics Group Inc's Score
Industry at a Glance
Industry Ranking
24 / 74
Overall Ranking
145 / 4563
Industry
Freight & Logistics Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
4
analysts
Buy
Current Rating
31.000
Target Price
+43.85%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Covenant Logistics Group Inc Highlights
StrengthsRisks
Covenant Logistics Group, Inc., through its subsidiaries, offers a portfolio of transportation and logistics services to customers throughout the United States. The Company’s primary services include asset-based expedited and dedicated truckload capacity, as well as asset-light warehousing, transportation management, and freight brokerage capability. Its Expedited segment primarily provides truckload services to customers with high service freight and delivery standards. Its Dedicated segment provides customers with committed truckload capacity over contracted periods. Its Managed Freight segment includes its brokerage services and transport management services (TMS). Its Warehousing reportable segment provides day-to-day warehouse management services to customers who have chosen to outsource this function. It also provides shuttle and switching services related to shuttling containers and trailers in or around freight yards and to/from warehouses.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 16.41%.
Undervalued
The company’s latest PB is 1.33, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 13.99M shares, decreasing 0.00% quarter-over-quarter.
Covenant Logistics Group, Inc., through its subsidiaries, offers a portfolio of transportation and logistics services to customers throughout the United States. The Company’s primary services include asset-based expedited and dedicated truckload capacity, as well as asset-light warehousing, transportation management, and freight brokerage capability. Its Expedited segment primarily provides truckload services to customers with high service freight and delivery standards. Its Dedicated segment provides customers with committed truckload capacity over contracted periods. Its Managed Freight segment includes its brokerage services and transport management services (TMS). Its Warehousing reportable segment provides day-to-day warehouse management services to customers who have chosen to outsource this function. It also provides shuttle and switching services related to shuttling containers and trailers in or around freight yards and to/from warehouses.
Ticker SymbolCVLG
CompanyCovenant Logistics Group Inc
CEOParker (David Ray)
Websitehttps://www.covenantlogistics.com/
FAQs
What is the current price of Covenant Logistics Group Inc (CVLG)?
The current price of Covenant Logistics Group Inc (CVLG) is 22.570.
What is the symbol of Covenant Logistics Group Inc?
The ticker symbol of Covenant Logistics Group Inc is CVLG.
What is the 52-week high of Covenant Logistics Group Inc?
The 52-week high of Covenant Logistics Group Inc is 29.470.
What is the 52-week low of Covenant Logistics Group Inc?
The 52-week low of Covenant Logistics Group Inc is 17.460.
What is the market capitalization of Covenant Logistics Group Inc?
The market capitalization of Covenant Logistics Group Inc is 565.31M.
What is the net income of Covenant Logistics Group Inc?
The net income of Covenant Logistics Group Inc is 35.92M.
Is Covenant Logistics Group Inc (CVLG) currently rated as Buy, Hold, or Sell?
According to analysts, Covenant Logistics Group Inc (CVLG) has an overall rating of Buy, with a price target of 31.000.
What is the Earnings Per Share (EPS TTM) of Covenant Logistics Group Inc (CVLG)?
The Earnings Per Share (EPS TTM) of Covenant Logistics Group Inc (CVLG) is 0.557.