Covenant Logistics Group, Inc. (CVLG)
NYSE: CVLG · Real-Time Price · USD
23.00
+2.02 (9.63%)
At close: May 12, 2025, 4:00 PM
23.00
0.00 (0.00%)
After-hours: May 12, 2025, 7:00 PM EDT

Covenant Logistics Group Statistics

Total Valuation

CVLG has a market cap or net worth of $610.79 million. The enterprise value is $877.72 million.

Market Cap 610.79M
Enterprise Value 877.72M

Important Dates

The last earnings date was Wednesday, April 23, 2025, after market close.

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

Share Statistics

CVLG has 26.56 million shares outstanding. The number of shares has increased by 0.56% in one year.

Current Share Class 21.86M
Shares Outstanding 26.56M
Shares Change (YoY) +0.56%
Shares Change (QoQ) -0.08%
Owned by Insiders (%) 39.13%
Owned by Institutions (%) 54.38%
Float 16.16M

Valuation Ratios

The trailing PE ratio is 16.68 and the forward PE ratio is 11.79.

PE Ratio 16.68
Forward PE 11.79
PS Ratio 0.54
Forward PS 0.50
PB Ratio 1.38
P/TBV Ratio 2.29
P/FCF Ratio n/a
P/OCF Ratio 4.85
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 22.79
EV / Sales 0.78
EV / EBITDA 6.03
EV / EBIT 15.03
EV / FCF n/a

Financial Position

The company has a current ratio of 1.09, with a Debt / Equity ratio of 0.63.

Current Ratio 1.09
Quick Ratio 0.93
Debt / Equity 0.63
Debt / EBITDA 1.69
Debt / FCF n/a
Interest Coverage 4.46

Financial Efficiency

Return on equity (ROE) is 8.95% and return on invested capital (ROIC) is 5.14%.

Return on Equity (ROE) 8.95%
Return on Assets (ROA) 3.80%
Return on Invested Capital (ROIC) 5.14%
Return on Capital Employed (ROCE) 7.16%
Revenue Per Employee $233,764
Profits Per Employee $8,023
Employee Count 4,800
Asset Turnover 1.17
Inventory Turnover 160.94

Taxes

In the past 12 months, CVLG has paid $11.71 million in taxes.

Income Tax 11.71M
Effective Tax Rate 23.53%

Stock Price Statistics

The stock price has decreased by -1.90% in the last 52 weeks. The beta is 1.53, so CVLG's price volatility has been higher than the market average.

Beta (5Y) 1.53
52-Week Price Change -1.90%
50-Day Moving Average 21.43
200-Day Moving Average 25.60
Relative Strength Index (RSI) 64.73
Average Volume (20 Days) 178,456

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 0.80%
Short Ratio (days to cover) 0.70

Income Statement

In the last 12 months, CVLG had revenue of $1.12 billion and earned $38.51 million in profits. Earnings per share was $1.39.

Revenue 1.12B
Gross Profit 267.26M
Operating Income 58.41M
Pretax Income 55.54M
Net Income 38.51M
EBITDA 145.63M
EBIT 58.41M
Earnings Per Share (EPS) $1.39
Full Income Statement

Balance Sheet

The company has $11.24 million in cash and $278.17 million in debt, giving a net cash position of -$266.93 million or -$10.05 per share.

Cash & Cash Equivalents 11.24M
Total Debt 278.17M
Net Cash -266.93M
Net Cash Per Share -$10.05
Equity (Book Value) 443.64M
Book Value Per Share 16.71
Working Capital 15.47M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $126.02 million and capital expenditures -$138.03 million, giving a free cash flow of -$12.00 million.

Operating Cash Flow 126.02M
Capital Expenditures -138.03M
Free Cash Flow -12.00M
FCF Per Share -$0.45
Full Cash Flow Statement

Margins

Gross margin is 23.82%, with operating and profit margins of 5.21% and 3.43%.

Gross Margin 23.82%
Operating Margin 5.21%
Pretax Margin 4.44%
Profit Margin 3.43%
EBITDA Margin 12.98%
EBIT Margin 5.21%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $0.20, which amounts to a dividend yield of 0.87%.

Dividend Per Share $0.20
Dividend Yield 0.87%
Dividend Growth (YoY) -9.09%
Years of Dividend Growth n/a
Payout Ratio 14.34%
Buyback Yield -0.56%
Shareholder Yield 0.31%
Earnings Yield 6.31%
FCF Yield -1.97%
Dividend Details

Analyst Forecast

The average price target for CVLG is $35.25, which is 53.26% higher than the current price. The consensus rating is "Strong Buy".

Price Target $35.25
Price Target Difference 53.26%
Analyst Consensus Strong Buy
Analyst Count 2
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

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

CVLG has an Altman Z-Score of 2.52 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.52
Piotroski F-Score 7