Covenant Logistics Group, Inc. (CVLG)
| Market Cap | 269.01M |
| Revenue (ttm) | 849.21M |
| Net Income (ttm) | -15.89M |
| Shares Out | 17.13M |
| EPS (ttm) | -0.94 |
| PE Ratio | n/a |
| Forward PE | 8.46 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | January 19 |
| Last Price | $15.70 |
| Previous Close | $15.79 |
| Change ($) | -0.09 |
| Change (%) | -0.57% |
| Day's Open | 15.89 |
| Day's Range | 15.51 - 16.16 |
| Day's Volume | 48,487 |
| 52-Week Range | 6.61 - 20.44 |
CHATTANOOGA, Tenn., Jan. 05, 2021 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (Nasdaq/GS: CVLG) announced it plans to release its fourth quarter earnings after 4:00 p.m. Eastern time on...
When looking for value opportunities amid companies operating in capital-intensive industries, one strategy investors may want to consider is to look for stocks whose price-to-tangible-book-va...
A couple of truckload carriers have raised driver pay heading into 2021. Beacon Transport announced Monday a 3-cents-per-mile pay increase for new drivers effective Jan. 1.
Temperature-controlled less-than-truckload carrier Frozen Food Express (FFE) announced Monday that linehaul driver pay will increase significantly beginning in early January. The Dallas-bas...
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 th...
We have screened bargain stocks ODP Corp (ODP), United Natural (UNFI), Covenant Logistics (CVLG), Boise Cascade (BCC) and Mr. Cooper (COOP) based on EV-to-EBITDA ratio that offers a clearer pi...
Covenant Logistics Group (CVLG) has been struggling lately, but the selling pressure may be coming to an end soon.
What was billed as a blowout quarter got off to a slow start with the first couple of truckload (TL) carriers posting in line or worse-than-expected quarterly reports. As the earnings season p...
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 th...
A quarterly earnings report in the middle of a company transition can always be tricky, as the short-term focus on earnings and revenue can obscure that management is trying to implement a pla...
Covenant Logistics Group, Inc. (CVLG) CEO David Parker on Q3 2020 Results - Earnings Call Transcript
Covenant Logistics Group, Inc. (CVLG) CEO David Parker on Q3 2020 Results - Earnings Call Transcript
Covenant Logistics (CVLG) delivered earnings and revenue surprises of 5.66% and 3.70%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the ...
Covenant Logistics squeezed a significant amount of profit out of a relatively small increase in revenue in the third quarter, improving its operating ratio by more than 500 points compared to...
About CVLG
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 car... [Read more...]
| Industry Trucking | IPO Date Oct 28, 1994 |
| CEO David Ray Parker | Employees 5,550 |
| Stock Exchange NASDAQ | Ticker Symbol CVLG |
Financial Performance
In 2019, CVLG's revenue was $894.53 million, an increase of 1.02% compared to the previous year's $885.46 million. Earnings were $8.48 million, a decrease of -80.06%.
Analyst Forecasts
According to 4 analysts, the average rating for CVLG stock is "Strong Buy." The 12-month stock price forecast is 23.25, which is an increase of 48.09% from the latest price.