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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

What these ratings mean

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

Year	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	895	885	705	671	724	719	685	674	653	650
Revenue Growth	1.02%	25.6%	5.12%	-7.4%	0.73%	5.03%	1.53%	3.31%	0.44%	-
Gross Profit	180	209	159	158	181	148	116	120	113	132
Operating Income	16.03	58.99	28.16	32.45	67.78	39.65	20.39	23.21	-1.06	26.01
Net Income	8.48	42.50	55.44	16.84	42.09	17.81	5.24	6.07	-14.27	3.29
Shares Outstanding	18.44	18.34	18.28	18.18	18.15	15.25	14.84	14.74	14.69	14.37
Earnings Per Share	0.45	2.30	3.02	0.92	2.30	1.15	0.35	0.41	-0.97	0.23
EPS Growth	-80.43%	-23.84%	228.26%	-60%	100%	228.57%	-14.63%	-	-	-
Operating Cash Flow	64.03	125	82.85	102	85.48	73.74	40.45	55.10	32.06	70.84
Capital Expenditures	-91.66	-13.46	-62.05	-47.29	-148	-84.90	-83.97	15.74	-49.48	-82.27
Free Cash Flow	-27.63	111	20.80	55.14	-62.20	-11.16	-43.52	70.84	-17.42	-11.43
Cash & Equivalents	43.59	23.13	15.36	7.75	4.49	21.33	9.26	6.85	3.90	9.36
Total Debt	349	238	214	216	255	202	238	183	248	230
Net Cash / Debt	-305	-215	-198	-208	-250	-181	-229	-176	-245	-221
Assets	882	774	650	621	647	539	466	400	440	441
Liabilities	532	430	354	384	445	370	366	306	353	340
Book Value	350	343	295	236	202	169	100	94.67	87.06	101

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.