The company's fundamentals are relatively stable. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite a weak stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
The company's current financial score is 6.51, which is lower than the Freight & Logistics Services industry's average of 7.19. Its financial status is weak, and its operating efficiency is average. Its latest quarterly revenue reached 296.89M, representing a year-over-year increase of 3.13%, while its net profit experienced a year-over-year increase of 30.23%.
Key Metrics
The company’s current valuation score is 7.21, which is lower than the Freight & Logistics Services industry's average of 7.45. Its current P/E ratio is 35.17, which is 21.28% below the recent high of 42.65 and 88.22% above the recent low of 4.14.
The company’s current earnings forecast score is 8.00, which is higher than the Freight & Logistics Services industry's average of 7.54. The average price target for Covenant Logistics Group Inc is 29.00, with a high of 33.00 and a low of 27.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The company’s current price momentum score is 6.55, which is lower than the Freight & Logistics Services industry's average of 7.07. Sideways: Currently, the stock price is trading between the resistance level at 21.38 and the support level at 18.43, making it suitable for range-bound swing trading.
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The company’s current institutional recognition score is 7.00, which is higher than the Freight & Logistics Services industry's average of 5.38. The latest institutional shareholding proportion is 70.54%, representing a quarter-over-quarter decrease of 23.60%. The largest institutional shareholder is The Vanguard, holding a total of 894.98K shares, representing 4.40% of shares outstanding, with 6.66% increase in holdings.
The company’s current risk assessment score is 5.02, which is lower than the Freight & Logistics Services industry's average of 5.54. The company's beta value is 1.17. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.
