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Covenant Logistics Group Inc

CVLG
View Detailed Chart
29.110USD
+0.300+1.04%
Close 02/06, 16:00ETQuotes delayed by 15 min
729.12MMarket Cap
103.14P/E TTM

Covenant Logistics Group Inc

29.110
+0.300+1.04%
Intraday
1m
30m
1h
D
W
M
D

Today

+1.04%

5 Days

+18.33%

1 Month

+18.05%

6 Months

+22.16%

Year to Date

+32.08%

1 Year

+5.17%

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Key Insights

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.
Held by The Vanguard
Star Investor The Vanguard holds 867.27K shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of 0.02.

Analyst Rating

Based on 4 analysts
Buy
Current Rating
31.667
Target Price
+9.92%
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 News

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Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Covenant Logistics Group Inc Info

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/
KeyAI