Covenant Logistics Group Statistics
Total Valuation
CVLG has a market cap or net worth of $589.42 million. The enterprise value is $861.18 million.
Important Dates
The next estimated earnings date is Wednesday, April 23, 2025, after market close.
| Earnings Date | Apr 23, 2025 |
| Ex-Dividend Date | Mar 7, 2025 |
Share Statistics
CVLG has 26.55 million shares outstanding. The number of shares has increased by 0.17% in one year.
| Current Share Class | 21.85M |
| Shares Outstanding | 26.55M |
| Shares Change (YoY) | +0.17% |
| Shares Change (QoQ) | +0.35% |
| Owned by Insiders (%) | 40.87% |
| Owned by Institutions (%) | 55.91% |
| Float | 15.70M |
Valuation Ratios
The trailing PE ratio is 17.18 and the forward PE ratio is 10.20.
| PE Ratio | 17.18 |
| Forward PE | 10.20 |
| PS Ratio | 0.53 |
| Forward PS | 0.50 |
| PB Ratio | 1.38 |
| P/TBV Ratio | 2.23 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 4.88 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 23.97 |
| EV / Sales | 0.76 |
| EV / EBITDA | 5.76 |
| EV / EBIT | 13.70 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.18, with a Debt / Equity ratio of 0.68.
| Current Ratio | 1.18 |
| Quick Ratio | 1.01 |
| Debt / Equity | 0.68 |
| Debt / EBITDA | 1.77 |
| Debt / FCF | n/a |
| Interest Coverage | 4.63 |
Financial Efficiency
Return on equity (ROE) is 8.39% and return on invested capital (ROIC) is 5.49%.
| Return on Equity (ROE) | 8.39% |
| Return on Assets (ROA) | 4.03% |
| Return on Invested Capital (ROIC) | 5.49% |
| Return on Capital Employed (ROCE) | 7.70% |
| Revenue Per Employee | $235,724 |
| Profits Per Employee | $7,484 |
| Employee Count | 4,800 |
| Asset Turnover | 1.16 |
| Inventory Turnover | 164.01 |
Taxes
In the past 12 months, CVLG has paid $10.58 million in taxes.
| Income Tax | 10.58M |
| Effective Tax Rate | 23.04% |
Stock Price Statistics
The stock price has increased by +0.77% in the last 52 weeks. The beta is 1.46, so CVLG's price volatility has been higher than the market average.
| Beta (5Y) | 1.46 |
| 52-Week Price Change | +0.77% |
| 50-Day Moving Average | 25.69 |
| 200-Day Moving Average | 26.28 |
| Relative Strength Index (RSI) | 35.84 |
| Average Volume (20 Days) | 84,468 |
Short Selling Information
The latest short interest is 128,537, so 0.48% of the outstanding shares have been sold short.
| Short Interest | 128,537 |
| Short Previous Month | 132,204 |
| Short % of Shares Out | 0.48% |
| Short % of Float | 0.82% |
| Short Ratio (days to cover) | 1.81 |
Income Statement
In the last 12 months, CVLG had revenue of $1.13 billion and earned $35.92 million in profits. Earnings per share was $1.30.
| Revenue | 1.13B |
| Gross Profit | 270.77M |
| Operating Income | 62.88M |
| Pretax Income | 55.54M |
| Net Income | 35.92M |
| EBITDA | 149.41M |
| EBIT | 62.88M |
| Earnings Per Share (EPS) | $1.30 |
Full Income StatementBalance Sheet
The company has $35.62 million in cash and $296.89 million in debt, giving a net cash position of -$261.27 million or -$9.84 per share.
| Cash & Cash Equivalents | 35.62M |
| Total Debt | 296.89M |
| Net Cash | -261.27M |
| Net Cash Per Share | -$9.84 |
| Equity (Book Value) | 438.34M |
| Book Value Per Share | 16.56 |
| Working Capital | 32.57M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $122.89 million and capital expenditures -$152.96 million, giving a free cash flow of -$30.07 million.
| Operating Cash Flow | 122.89M |
| Capital Expenditures | -152.96M |
| Free Cash Flow | -30.07M |
| FCF Per Share | -$1.13 |
Full Cash Flow StatementMargins
Gross margin is 23.93%, with operating and profit margins of 5.56% and 3.17%.
| Gross Margin | 23.93% |
| Operating Margin | 5.56% |
| Pretax Margin | 4.06% |
| Profit Margin | 3.17% |
| EBITDA Margin | 13.20% |
| EBIT Margin | 5.56% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $0.35, which amounts to a dividend yield of 1.54%.
| Dividend Per Share | $0.35 |
| Dividend Yield | 1.54% |
| Dividend Growth (YoY) | 79.22% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 26.50% |
| Buyback Yield | -0.17% |
| Shareholder Yield | 1.34% |
| Earnings Yield | 5.99% |
| FCF Yield | -5.01% |
Dividend DetailsAnalyst Forecast
The average price target for CVLG is $35.25, which is 58.78% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $35.25 |
| Price Target Difference | 58.78% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
The last stock split was on January 2, 2025. It was a forward split with a ratio of 2:1.
| Last Split Date | Jan 2, 2025 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
CVLG has an Altman Z-Score of 2.48 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.48 |
| Piotroski F-Score | 7 |