Covenant Logistics Group Statistics
Total Valuation
CVLG has a market cap or net worth of $761.32 million. The enterprise value is $1.03 billion.
Important Dates
The next estimated earnings date is Tuesday, January 21, 2025, after market close.
Earnings Date | Jan 21, 2025 |
Ex-Dividend Date | Sep 6, 2024 |
Share Statistics
CVLG has 13.18 million shares outstanding. The number of shares has decreased by -0.16% in one year.
Current Share Class | 10.83M |
Shares Outstanding | 13.18M |
Shares Change (YoY) | -0.16% |
Shares Change (QoQ) | +0.51% |
Owned by Insiders (%) | 40.46% |
Owned by Institutions (%) | 53.87% |
Float | 7.85M |
Valuation Ratios
The trailing PE ratio is 19.09 and the forward PE ratio is 12.63.
PE Ratio | 19.09 |
Forward PE | 12.63 |
PS Ratio | 0.66 |
Forward PS | 0.59 |
PB Ratio | 1.73 |
P/TBV Ratio | 2.92 |
P/FCF Ratio | n/a |
P/OCF Ratio | 5.72 |
PEG Ratio | n/a |
Financial Ratio History Enterprise Valuation
EV / Earnings | 24.50 |
EV / Sales | 0.91 |
EV / EBITDA | 7.11 |
EV / EBIT | 16.60 |
EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.10, with a Debt / Equity ratio of 0.73.
Current Ratio | 1.10 |
Quick Ratio | 0.91 |
Debt / Equity | 0.73 |
Debt / EBITDA | 1.92 |
Debt / FCF | n/a |
Interest Coverage | 4.85 |
Financial Efficiency
Return on equity (ROE) is 10.03% and return on invested capital (ROIC) is 5.60%.
Return on Equity (ROE) | 10.03% |
Return on Assets (ROA) | 4.07% |
Return on Capital (ROIC) | 5.60% |
Revenue Per Employee | $245,246 |
Profits Per Employee | $9,130 |
Employee Count | 4,600 |
Asset Turnover | 1.19 |
Inventory Turnover | 157.63 |
Taxes
In the past 12 months, CVLG has paid $12.73 million in taxes.
Income Tax | 12.73M |
Effective Tax Rate | 23.51% |
Stock Price Statistics
The stock price has increased by +37.59% in the last 52 weeks. The beta is 1.35, so CVLG's price volatility has been higher than the market average.
Beta (5Y) | 1.35 |
52-Week Price Change | +37.59% |
50-Day Moving Average | 53.45 |
200-Day Moving Average | 49.84 |
Relative Strength Index (RSI) | 55.60 |
Average Volume (20 Days) | 71,617 |
Short Selling Information
The latest short interest is 128,537, so 0.98% of the outstanding shares have been sold short.
Short Interest | 128,537 |
Short Previous Month | 132,204 |
Short % of Shares Out | 0.98% |
Short % of Float | 1.64% |
Short Ratio (days to cover) | 1.71 |
Income Statement
In the last 12 months, CVLG had revenue of $1.13 billion and earned $42.00 million in profits. Earnings per share was $3.02.
Revenue | 1.13B |
Gross Profit | 263.37M |
Operating Income | 61.98M |
Pretax Income | 55.54M |
Net Income | 42.00M |
EBITDA | 144.69M |
EBIT | 61.98M |
Earnings Per Share (EPS) | $3.02 |
Full Income Statement 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 -$21.34 per share.
Cash & Cash Equivalents | 35.20M |
Total Debt | 316.49M |
Net Cash | -281.29M |
Net Cash Per Share | -$21.34 |
Equity (Book Value) | 431.55M |
Book Value Per Share | 32.74 |
Working Capital | 20.10M |
Full Balance Sheet Cash Flow
In the last 12 months, operating cash flow was $132.83 million and capital expenditures -$237.05 million, giving a free cash flow of -$104.22 million.
Operating Cash Flow | 132.83M |
Capital Expenditures | -237.05M |
Free Cash Flow | -104.22M |
FCF Per Share | -$7.91 |
Full Cash Flow Statement Margins
Gross margin is 23.35%, with operating and profit margins of 5.49% and 3.72%.
Gross Margin | 23.35% |
Operating Margin | 5.49% |
Pretax Margin | 4.80% |
Profit Margin | 3.72% |
EBITDA Margin | 12.83% |
EBIT Margin | 5.49% |
FCF Margin | -6.98% |
Dividends & Yields
This stock pays an annual dividend of $0.44, which amounts to a dividend yield of 0.76%.
Dividend Per Share | $0.44 |
Dividend Yield | 0.76% |
Dividend Growth (YoY) | 7.32% |
Years of Dividend Growth | 2 |
Payout Ratio | 14.57% |
Buyback Yield | 0.16% |
Shareholder Yield | 0.93% |
Earnings Yield | 5.53% |
FCF Yield | -13.72% |
Dividend Details Analyst Forecast
The average price target for CVLG is $69.50, which is 20.32% higher than the current price. The consensus rating is "Strong Buy".
Price Target | $69.50 |
Price Target Difference | 20.32% |
Analyst Consensus | Strong Buy |
Analyst Count | 2 |
Revenue Growth Forecast (5Y) | n/a |
EPS Growth Forecast (5Y) | n/a |
Stock Forecasts Stock Splits
This stock does not have any record of stock splits.
Last Split Date | n/a |
Split Type | n/a |
Split Ratio | n/a |
Scores
CVLG has an Altman Z-Score of 2.54 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | 2.54 |
Piotroski F-Score | 5 |