Covenant Logistics Group, Inc. (CVLG)
NYSE: CVLG · Real-Time Price · USD
20.05
+0.27 (1.37%)
Apr 28, 2025, 4:00 PM EDT - 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 75.81% from the current stock price of 20.05.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jan 24, 2025.
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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 1 | 1 | 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 | 2 | 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 | +79.55% | Jan 24, 2025 |
| TD Cowen | TD Cowen | Strong Buy Maintains $35 → $35 | Strong Buy | Maintains | $35 → $35 | +72.07% | Oct 25, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $33 → $35 | Strong Buy | Maintains | $33 → $35 | +74.56% | Jul 26, 2024 |
| TD Cowen | TD Cowen | Hold → Buy Upgrades $26 → $33 | Hold → Buy | Upgrades | $26 → $33 | +64.59% | Jan 25, 2024 |
| Vertical Research | Vertical Research | Strong Buy Initiates $35 | Strong Buy | Initiates | $35 | +74.56% | Jan 23, 2024 |
Financial Forecast
Revenue This Year
1.19B
from 1.13B
Increased by 5.17%
Revenue Next Year
1.28B
from 1.19B
Increased by 7.39%
EPS This Year
1.94
from 1.30
Increased by 49.28%
EPS Next Year
2.53
from 1.94
Increased by 30.18%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
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 | 8.7% | 12.1% |
| Avg | 5.2% | 7.4% |
| Low | 0.8% | 2.0% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 2.05 | 2.86 |
| Avg | 1.94 | 2.53 |
| Low | 1.76 | 2.30 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 57.3% | 47.0% |
| Avg | 49.3% | 30.2% |
| Low | 35.5% | 18.5% |
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.