Covenant Logistics Group Statistics
Total Valuation
CVLG has a market cap or net worth of $586.91 million. The enterprise value is $878.08 million.
| Market Cap | 586.91M |
| Enterprise Value | 878.08M |
Important Dates
The last earnings date was Wednesday, April 24, 2024, after market close.
| Earnings Date | Apr 24, 2024 |
| Ex-Dividend Date | Feb 29, 2024 |
Share Statistics
CVLG has 13.07 million shares outstanding. The number of shares has decreased by -10.89% in one year.
| Shares Outstanding | 13.07M |
| Shares Change (YoY) | -10.89% |
| Shares Change (QoQ) | +3.22% |
| Owned by Insiders (%) | 27.20% |
| Owned by Institutions (%) | 65.15% |
| Float | 7.69M |
Valuation Ratios
The trailing PE ratio is 11.25 and the forward PE ratio is 10.47.
| PE Ratio | 11.25 |
| Forward PE | 10.47 |
| PS Ratio | 0.53 |
| Forward PS | 0.50 |
| PB Ratio | 1.45 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | 15.90 |
| EV / Sales | 0.80 |
| EV / EBITDA | 5.82 |
| EV / EBIT | 10.87 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.09, with a Debt / Equity ratio of 0.73.
| Current Ratio | 1.09 |
| Quick Ratio | 0.88 |
| Debt / Equity | 0.73 |
| Debt / EBITDA | 1.95 |
| Debt / FCF | n/a |
| Interest Coverage | 10.14 |
Financial Efficiency
Return on equity (ROE) is 14.30% and return on invested capital (ROIC) is 6.40%.
| Return on Equity (ROE) | 14.30% |
| Return on Assets (ROA) | 6.30% |
| Return on Capital (ROIC) | 6.40% |
| Revenue Per Employee | $380,542 |
| Profits Per Employee | $19,044 |
| Employee Count | 2,900 |
| Asset Turnover | 1.27 |
| Inventory Turnover | 211.10 |
Taxes
In the past 12 months, CVLG has paid $17.61 million in taxes.
| Income Tax | 17.61M |
| Effective Tax Rate | 24.18% |
Stock Price Statistics
The stock price has increased by +25.27% in the last 52 weeks. The beta is 1.42, so CVLG's price volatility has been higher than the market average.
| Beta (1Y) | 1.42 |
| 52-Week Price Change | +25.27% |
| 50-Day Moving Average | 46.72 |
| 200-Day Moving Average | 46.31 |
| Relative Strength Index (RSI) | 46.22 |
| Average Volume (30 Days) | 71,137 |
Short Selling Information
The latest short interest is 58,830, so 0.45% of the outstanding shares have been sold short.
| Short Interest | 58,830 |
| Short Previous Month | 70,222 |
| Short % of Shares Out | 0.45% |
| Short % of Float | 0.76% |
| Short Ratio (days to cover) | 0.96 |
Income Statement
In the last 12 months, CVLG had revenue of $1.10 billion and earned $55.23 million in profits. Earnings per share was $3.99.
| Revenue | 1.10B |
| Gross Profit | 220.74M |
| Operating Income | 58.82M |
| Pretax Income | 72.84M |
| Net Income | 55.23M |
| EBITDA | 150.75M |
| EBIT | 80.81M |
| Earnings Per Share (EPS) | $3.99 |
Balance Sheet
The company has $2.29 million in cash and $293.46 million in debt, giving a net cash position of -$291.17 million or -$22.28 per share.
| Cash & Cash Equivalents | 2.29M |
| Total Debt | 293.46M |
| Net Cash | -291.17M |
| Net Cash Per Share | -$22.28 |
| Equity / Book Value | 403.42M |
| Book Value Per Share | 30.86 |
| Working Capital | 15.65M |
Cash Flow
In the last 12 months, operating cash flow was $84.84 million and capital expenditures -$125.78 million, giving a free cash flow of -$40.94 million.
| Operating Cash Flow | 84.84M |
| Capital Expenditures | -125.78M |
| Free Cash Flow | -40.94M |
| FCF Per Share | -$3.14 |
Margins
Gross margin is 20.00%, with operating and profit margins of 5.33% and 5.00%.
| Gross Margin | 20.00% |
| Operating Margin | 5.33% |
| Pretax Margin | 6.60% |
| Profit Margin | 5.00% |
| EBITDA Margin | 13.66% |
| EBIT Margin | 7.32% |
| FCF Margin | -3.71% |
Dividends & Yields
This stock pays an annual dividend of $0.44, which amounts to a dividend yield of 0.98%.
| Dividend Per Share | $0.44 |
| Dividend Yield | 0.98% |
| Dividend Growth (YoY) | 32.33% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 11.03% |
| Buyback Yield | 10.89% |
| Shareholder Yield | 11.87% |
| Earnings Yield | 9.41% |
| FCF Yield | -6.98% |
Analyst Forecast
The average price target for CVLG is $68.67, which is 52.94% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $68.67 |
| Price Target Difference | 52.94% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 3 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
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 2.65 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.65 |
| Piotroski F-Score | 6 |