Covenant Logistics Group, Inc. (CVLG)
NYSE: CVLG · Real-Time Price · USD
51.10
-0.20 (-0.39%)
Nov 4, 2024, 4:00 PM EST - Market closed
Covenant Logistics Group Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for CVLG stock have an average target of 69.5, with a low estimate of 69 and a high estimate of 70. The average target predicts an increase of 36.01% from the current stock price of 51.10.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CVLG stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
Buy | 2 | 2 | 1 | 1 | 1 | 0 |
Hold | 0 | 0 | 0 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 3 | 3 | 3 | 3 | 3 | 2 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
TD Cowen | TD Cowen | Strong Buy Maintains $70 → $69 | Strong Buy | Maintains | $70 → $69 | +35.03% | Oct 25, 2024 |
TD Cowen | TD Cowen | Strong Buy Maintains $65 → $70 | Strong Buy | Maintains | $65 → $70 | +36.99% | Jul 26, 2024 |
TD Cowen | TD Cowen | Hold → Buy Upgrades $51 → $66 | Hold → Buy | Upgrades | $51 → $66 | +29.16% | Jan 25, 2024 |
Vertical Research | Vertical Research | Strong Buy Initiates $70 | Strong Buy | Initiates | $70 | +36.99% | Jan 23, 2024 |
Stephens & Co. | Stephens & Co. | Buy Maintains $63 → $70 | Buy | Maintains | $63 → $70 | +36.99% | Jul 28, 2023 |
Financial Forecast
Revenue This Year
1.16B
from 1.10B
Increased by 5.29%
Revenue Next Year
1.24B
from 1.16B
Increased by 6.37%
EPS This Year
4.07
from 3.99
Increased by 1.91%
EPS Next Year
4.94
from 4.07
Increased by 21.39%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 1.2B | 1.3B | 1.4B |
Avg | 1.2B | 1.2B | 1.3B |
Low | 1.1B | 1.2B | 1.3B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 8.7% | 10.6% | 11.2% |
Avg | 5.3% | 6.4% | 8.0% |
Low | 0.8% | 0.3% | 3.8% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 4.21 | 5.49 | 6.04 |
Avg | 4.07 | 4.94 | 5.74 |
Low | 3.89 | 4.46 | 5.39 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 5.4% | 34.9% | 22.2% |
Avg | 1.9% | 21.4% | 16.1% |
Low | -2.6% | 9.6% | 9.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.