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.
Important Dates
The last earnings date was Wednesday, October 23, 2024, after market close.
| Earnings Date | Oct 23, 2024 |
| 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.
| Shares Outstanding | 13.18M |
| Shares Change (YoY) | -0.16% |
| Shares Change (QoQ) | +0.51% |
| Owned by Insiders (%) | 40.68% |
| Owned by Institutions (%) | 53.38% |
| Float | 7.82M |
Valuation Ratios
The trailing PE ratio is 17.17 and the forward PE ratio is 11.20.
| PE Ratio | 17.17 |
| Forward PE | 11.20 |
| PS Ratio | 0.59 |
| Forward PS | 0.52 |
| PB Ratio | 1.56 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 22.73 |
| EV / Sales | 0.85 |
| EV / EBITDA | 6.60 |
| EV / EBIT | 15.40 |
| 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 +24.83% 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 | +24.83% |
| 50-Day Moving Average | 52.05 |
| 200-Day Moving Average | 49.36 |
| Relative Strength Index (RSI) | 45.37 |
| Average Volume (20 Days) | 51,323 |
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) | 1.93 |
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 StatementBalance 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 SheetCash 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 StatementMargins
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 0.86%.
| Dividend Per Share | $0.44 |
| Dividend Yield | 0.86% |
| Dividend Growth (YoY) | 7.32% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 14.57% |
| Buyback Yield | 0.16% |
| Shareholder Yield | 1.02% |
| Earnings Yield | 6.24% |
| FCF Yield | -15.48% |
Dividend DetailsAnalyst Forecast
The average price target for CVLG is $69.50, which is 36.01% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $69.50 |
| Price Target Difference | 36.01% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock 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 |