Covenant Logistics Group Inc's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 21 out of 75 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 31.67.In the medium term, the stock price is expected to trend up.The company has been performing strongly 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
21 / 75
Overall Ranking
135 / 4521
Industry
Freight & Logistics Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
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%.
Overvalued
The company’s latest PB is 1.80, at a high 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.