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Covenant Logistics Group, Inc. (CVLG)

Stock Price: $18.29 USD 0.08 (0.44%)
Updated Oct 21, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 313.38M
Revenue (ttm) 861.29M
Net Income (ttm) -26.58M
Shares Out 14.78M
EPS (ttm) -1.54
PE Ratio n/a
Forward PE 12.59
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Oct 21, 2020
Last Price $18.29
Previous Close $18.21
Change ($) 0.08
Change (%) 0.44%
Day's Open 18.24
Day's Range 17.90 - 18.77
Day's Volume 79,062
52-Week Range 6.54 - 20.70

More Stats

Market Cap 313.38M
Enterprise Value 598.35M
Earnings Date (est) Oct 26, 2020
Ex-Dividend Date n/a
Shares Outstanding 14.78M
Float 11.19M
EPS (basic) -1.54
EPS (diluted) -1.54
FCF / Share 2.39
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield 13.06%
Payout Ratio n/a
Shares Short 351,894
Short Ratio 2.40
Short % of Float 3.14%
Beta 1.54
PE Ratio n/a
Forward PE 12.59
P/FCF Ratio 7.66
PS Ratio 0.36
PB Ratio 1.02
Revenue 861.29M
Operating Income 91,000
Net Income -26.58M
Free Cash Flow 40.92M
Net Cash -284.97M
Net Cash / Share -16.63
Gross Margin 21.57%
Operating Margin 0.01%
Profit Margin -3.10%
FCF Margin 4.75%
ROA 0.08%
ROE -8.13%
ROIC -2.50%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (4)

Buy 4
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$26.75*
(46.25% upside)
Low
24.0
Current: $18.29
High
32.0
Target: 26.75
*Average 12-month price target from 4 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue895885705671724719685674653650
Revenue Growth1.02%25.6%5.12%-7.4%0.73%5.03%1.53%3.31%0.44%-
Gross Profit180209159158181148116120113132
Operating Income16.0358.9928.1632.4567.7839.6520.3923.21-1.0626.01
Net Income8.4842.5055.4416.8442.0917.815.246.07-14.273.29
Shares Outstanding18.4418.3418.2818.1818.1515.2514.8414.7414.6914.37
Earnings Per Share0.452.303.020.922.301.150.350.41-0.970.23
EPS Growth-80.43%-23.84%228.26%-60%100%228.57%-14.63%---
Operating Cash Flow64.0312582.8510285.4873.7440.4555.1032.0670.84
Capital Expenditures-91.66-13.46-62.05-47.29-148-84.90-83.9715.74-49.48-82.27
Free Cash Flow-27.6311120.8055.14-62.20-11.16-43.5270.84-17.42-11.43
Cash & Equivalents43.5923.1315.367.754.4921.339.266.853.909.36
Total Debt349238214216255202238183248230
Net Cash / Debt-305-215-198-208-250-181-229-176-245-221
Assets882774650621647539466400440441
Liabilities532430354384445370366306353340
Book Value35034329523620216910094.6787.06101
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Covenant Logistics Group, Inc.
Country United States
Employees 5,550
CEO David Ray Parker

Stock Information

Ticker Symbol CVLG
Stock Exchange NASDAQ
Sector Industrials
Industry Trucking
Unique Identifier NASDAQ: CVLG
IPO Date October 28, 1994

Description

Covenant Transportation Group, together with its subsidiaries, provides truckload transportation and brokerage services primarily in the continental United States. It offers expedited and dedicated services. The company also provides ancillary services, including freight brokerage and logistics services, warehousing, and accounts receivable factoring; and over-the-road truckload services, as well as transportation management, shuttle, and switching services. It serves transportation companies, such as freight forwarders, less-than-truckload carriers, and third-party logistics providers; and traditional truckload customers, including manufacturers, retailers, and food and beverage shippers. As of December 31, 2018, the company operated 3,154 tractors and 6,950 trailers. Covenant Transportation Group, Inc. was founded in 1986 and is headquartered in Chattanooga, Tennessee.