Covenant Logistics Group, Inc. (CVLG)
NYSE: CVLG · Real-Time Price · USD
25.55
-0.53 (-2.03%)
Feb 21, 2025, 4:00 PM EST - Market closed
Covenant Logistics Group Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Covenant Logistics Group stock have an average target of 35.25, with a low estimate of 34.5 and a high estimate of 36. The average target predicts an increase of 37.96% from the current stock price of 25.55.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Covenant Logistics Group 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 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Buy | 1 | 0 | 0 | 0 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Buy Reiterates $36 | Buy | Reiterates | $36 | +40.90% | Jan 24, 2025 |
| TD Cowen | TD Cowen | Strong Buy Maintains $35 → $35 | Strong Buy | Maintains | $35 → $35 | +35.03% | Oct 25, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $33 → $35 | Strong Buy | Maintains | $33 → $35 | +36.99% | Jul 26, 2024 |
| TD Cowen | TD Cowen | Hold → Buy Upgrades $26 → $33 | Hold → Buy | Upgrades | $26 → $33 | +29.16% | Jan 25, 2024 |
| Vertical Research | Vertical Research | Strong Buy Initiates $35 | Strong Buy | Initiates | $35 | +36.99% | Jan 23, 2024 |
Financial Forecast
Revenue This Year
1.19B
from 1.13B
Increased by 5.44%
Revenue Next Year
1.28B
from 1.19B
Increased by 7.38%
EPS This Year
2.24
from 1.30
Increased by 71.81%
EPS Next Year
2.81
from 2.24
Increased by 25.73%
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 1.2B | 1.3B |
| Avg | 1.2B | 1.3B |
| Low | 1.1B | 1.2B |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 9.6% | 11.8% |
| Avg | 5.4% | 7.4% |
| Low | 0.8% | 2.5% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 2.38 | 3.01 |
| Avg | 2.24 | 2.81 |
| Low | 2.06 | 2.55 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 83.1% | 34.8% |
| Avg | 71.8% | 25.7% |
| Low | 58.1% | 13.9% |
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.