Covenant Logistics Group, Inc. (CVLG)
NYSE: CVLG · Real-Time Price · USD
57.77
+1.03 (1.81%)
Nov 21, 2024, 11:14 AM EST - Market open

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.

Market Cap 761.32M
Enterprise Value 1.03B

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