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Covenant Logistics Group, Inc. (CVLG)

NASDAQ: CVLG · IEX Real-Time Price · USD
28.49
+0.24 (0.85%)
After-hours:Oct 25, 2021 6:46 PM EDT
28.25
0.82 (2.99%)
At close: Oct 25, 4:00 PM
Market Cap474.70M
Revenue (ttm)913.27M
Net Income (ttm)8.40M
Shares Out16.77M
EPS (ttm)1.02
PE Ratio27.70
Forward PE7.22
Dividendn/a
Ex-Dividend Daten/a
Volume533,006
Open27.36
Previous Close27.43
Day's Range27.20 - 29.53
52-Week Range13.23 - 34.75
Beta1.63
AnalystsStrong Buy
Price Target36.00 (+27.4%)
Est. Earnings DateJan 24, 2022

About CVLG

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 to customers with high service freight and delivery standards, such as 1,000 miles in 22 hours or 15-minute delivery windows. The Dedicated segment provides customers with committed truckload capacity over contracted periods using equipment either owned or leased by...

IndustryRoad & Rail
IPO DateOct 28, 1994
Employees4,900
Stock ExchangeNASDAQ
Ticker SymbolCVLG
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for CVLG stock is "Strong Buy." The 12-month stock price forecast is 36.00, which is an increase of 27.43% from the latest price.

Price Target
$36.00
(27.43% upside)
Analyst Consensus: Strong Buy

News

Is Covenant Logistics (CVLG) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

11 hours ago - Zacks Investment Research

Covenant gets Q3 boost from managed, expedited divisions

Labor, rising fuel and insurance costs, and the “frothy freight market” were key talking points on Covenant Logistics Group's third-quarter earnings call Thursday with analysts.  Covenant beat analysts'...

4 days ago - FreightWaves

Covenant Logistics (CVLG) Q3 Earnings and Revenues Beat Estimates

Covenant Logistics (CVLG) delivered earnings and revenue surprises of 2.00% and 6.17%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

5 days ago - Zacks Investment Research

Covenant Logistics Group Announces Third Quarter Financial and Operating Results

CHATTANOOGA, Tenn., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ/GS: CVLG) (“Covenant” or the “Company”) announced today financial and operating results for the third quarter...

5 days ago - GlobeNewsWire

What's in Store for Covenant Logistics (CVLG) in Q3 Earnings?

Cost-control efforts are likely to have aided Covenant Logistics' (CVLG) bottom line in Q3.

1 week ago - Zacks Investment Research

Fast-paced Momentum Stock Covenant Logistics (CVLG) Is Still Trading at a Bargain

Covenant Logistics (CVLG) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stock...

1 week ago - Zacks Investment Research

Will the Bull Run Continue for U.S. Trucking Industry?

At this stage some trucking stocks are available at attractive valuation. These are ARCB, CVLG, LSTR, ODFL, SAIA and JBHT.

Other symbols:ARCBJBHTLSTRODFLSAIA
1 week ago - Zacks Investment Research

Is Covenant Logistics Group (CVLG) Outperforming Other Transportation Stocks This Year?

Is (CVLG) Outperforming Other Transportation Stocks This Year?

1 week ago - Zacks Investment Research

Covenant Logistics (CVLG) Outpaces Stock Market Gains: What You Should Know

In the latest trading session, Covenant Logistics (CVLG) closed at $31.66, marking a +1.77% move from the previous day.

1 week ago - Zacks Investment Research

Covenant Logistics (CVLG) Earnings Expected to Grow: Should You Buy?

Covenant Logistics (CVLG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 week ago - Zacks Investment Research

Covenant Logistics (CVLG) Hits 52-Week High, Can the Run Continue?

Covenant Logistics (CVLG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

1 week ago - Zacks Investment Research

Should Value Investors Buy Covenant Logistics (CVLG) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

2 weeks ago - Zacks Investment Research

Why Covenant Logistics (CVLG) Could Beat Earnings Estimates Again

Covenant Logistics (CVLG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

2 weeks ago - Zacks Investment Research

Covenant Logistics (CVLG) Stock Sinks As Market Gains: What You Should Know

Covenant Logistics (CVLG) closed the most recent trading day at $27.80, moving -0.11% from the previous trading session.

2 weeks ago - Zacks Investment Research

Bull of the Day: Covenant Logistics (CVLG)

The huge demand for goods is causing delays and creating profits for trucking stocks.

3 weeks ago - Zacks Investment Research

4 Buy-Ranked Stocks that Soared Over 20% in the Past Week

The market remains on its toes as investors digest the ton of information hitting us about now.

Other symbols:CDORCRVSHRI
3 weeks ago - Zacks Investment Research

Is Covenant Logistics Group (CVLG) Stock Outpacing Its Transportation Peers This Year?

Is (CVLG) Outperforming Other Transportation Stocks This Year?

3 weeks ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for September 28th

GEO, CVLG, ABG, and CASH made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 28, 2021.

Other symbols:ABGCASHGEO
3 weeks ago - Zacks Investment Research

Covenant Logistics (CVLG) Shows Fast-paced Momentum But Is Still a Bargain Stock

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Covenant Logistics (CVLG) could be a great choice. It is one of the several stocks tha...

4 weeks ago - Zacks Investment Research

Why Covenant Logistics (CVLG) Should Grace Your Portfolio

Improving freight landscape is a huge boon for Covenant Logistics (CVLG).

1 month ago - Zacks Investment Research

Covenant Logistics Group, Inc. Announces Timing of Third Quarter Earnings Release and Conference Call

CHATTANOOGA, Tenn., Sept. 22, 2021 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (Nasdaq/GS: CVLG) announced it plans to release its third quarter earnings after 4:00 p.m. Eastern time on Wednesday...

1 month ago - GlobeNewsWire

Covenant Logistics (CVLG) Moves 11.5% Higher: Will This Strength Last?

Covenant Logistics (CVLG) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

1 month ago - Zacks Investment Research

Covenant Logistics (CVLG) Hits 52-Week High, Can the Run Continue?

Covenant Logistics (CVLG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

1 month ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for September 22nd

CCS, PCB, CC, and CVLG made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 22, 2021.

Other symbols:CCCCSPCB
1 month ago - Zacks Investment Research

Supply chain woes still plague freight industry

Transfix CEO and President Lily Shen joins The Exchange to discuss the state of the freight and shipping markets and how stretched supply chains are right now. Shen also discusses her company's upcoming...

Other symbols:ECHOLSTRODFL
1 month ago - CNBC Television