Covenant Logistics Group, Inc. (CVLG)

Covenant Logistics Group Statistics

Total Valuation

CVLG has a market cap or net worth of $673.48 million. The enterprise value is $954.77 million.

Market Cap	673.48M
Enterprise Value	954.77M

Important Dates

The last earnings date was Thursday, January 23, 2025, after market close.

Earnings Date	Jan 23, 2025
Ex-Dividend Date	Mar 7, 2025

Share Statistics

CVLG has 26.36 million shares outstanding. The number of shares has increased by 0.17% in one year.

Current Share Class	21.66M
Shares Outstanding	26.36M
Shares Change (YoY)	+0.17%
Shares Change (QoQ)	+0.35%
Owned by Insiders (%)	40.98%
Owned by Institutions (%)	53.94%
Float	15.47M

Valuation Ratios

The trailing PE ratio is 19.96 and the forward PE ratio is 11.65.

PE Ratio	19.96
Forward PE	11.65
PS Ratio	0.59
Forward PS	0.56
PB Ratio	1.56
P/TBV Ratio	2.59
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	26.58
EV / Sales	0.84
EV / EBITDA	7.21
EV / EBIT	20.58
EV / FCF	n/a

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	0.73
Debt / EBITDA	2.39
Debt / FCF	n/a
Interest Coverage	3.42

Financial Efficiency

Return on equity (ROE) is 8.46% and return on invested capital (ROIC) is 4.01%.

Return on Equity (ROE)	8.46%
Return on Assets (ROA)	n/a
Return on Invested Capital (ROIC)	4.01%
Return on Capital Employed (ROCE)	n/a
Revenue Per Employee	$245,973
Profits Per Employee	$7,809
Employee Count	4,600
Asset Turnover	n/a
Inventory Turnover	n/a

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 decreased by -0.80% in the last 52 weeks. The beta is 1.41, so CVLG's price volatility has been higher than the market average.

Beta (5Y)	1.41
52-Week Price Change	-0.80%
50-Day Moving Average	27.58
200-Day Moving Average	26.23
Relative Strength Index (RSI)	34.99
Average Volume (20 Days)	93,030

Short Selling Information

The latest short interest is 128,537, so 0.49% of the outstanding shares have been sold short.

Short Interest	128,537
Short Previous Month	132,204
Short % of Shares Out	0.49%
Short % of Float	0.83%
Short Ratio (days to cover)	1.10

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	46.39M
Pretax Income	55.54M
Net Income	35.92M
EBITDA	132.34M
EBIT	46.39M
Earnings Per Share (EPS)	$1.30

Balance Sheet

The company has $35.20 million in cash and $316.49 million in debt, giving a net cash position of -$281.29 million or -$10.67 per share.

Cash & Cash Equivalents	35.20M
Total Debt	316.49M
Net Cash	-281.29M
Net Cash Per Share	-$10.67
Equity (Book Value)	431.55M
Book Value Per Share	16.37
Working Capital	n/a

Cash Flow

Operating Cash Flow	n/a
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 23.93%, with operating and profit margins of 4.10% and 3.17%.

Gross Margin	23.93%
Operating Margin	4.10%
Pretax Margin	4.06%
Profit Margin	3.17%
EBITDA Margin	11.70%
EBIT Margin	4.10%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of $0.35, which amounts to a dividend yield of 1.35%.

Dividend Per Share	$0.35
Dividend Yield	1.35%
Dividend Growth (YoY)	79.22%
Years of Dividend Growth	3
Payout Ratio	26.50%
Buyback Yield	-0.17%
Shareholder Yield	1.18%
Earnings Yield	5.33%
FCF Yield	n/a

Analyst Forecast

The average price target for CVLG is $35.25, which is 37.97% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$35.25
Price Target Difference	37.97%
Analyst Consensus	Strong Buy
Analyst Count	2
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock 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

Altman Z-Score	n/a
Piotroski F-Score	2