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Covenant Transportation Group, Inc. (CVTI)

Jul 6, 2020 - Stock symbol was changed to CVLG (reason: company name changed)
Stock Price: $13.95 USD 0.00 (0.00%)
Updated Jul 2, 2020 4:00 PM EDT

Stock Price Chart

Key Info

Market Cap 244.16M
Revenue (ttm) 888.90M
Net Income (ttm) 1.87M
Shares Out 15.15M
EPS (ttm) 0.10
PE Ratio 139.50
Forward PE 9.68
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Jul 2, 2020
Last Price $13.95
Previous Close $13.95
Change ($) 0.00
Change (%) 0.00%
Day's Open -
Day's Range 13.73 - 14.44
Day's Volume 0
52-Week Range 6.54 - 18.62

More Stats

Market Cap 244.16M
Enterprise Value 581.37M
Earnings Date (est) n/a
Ex-Dividend Date n/a
Shares Outstanding 15.15M
Float 11.75M
EPS (basic) 0.10
EPS (diluted) 0.10
FCF / Share -1.30
Dividend n/a
Dividend Yield n/a
Earnings Yield 0.72%
FCF Yield n/a
Payout Ratio n/a
Shares Short 487,173
Short Ratio 2.43
Short % of Float 4.15%
Beta 1.49
PE Ratio 139.50
Forward PE 9.68
P/FCF Ratio n/a
PS Ratio 0.27
PB Ratio 0.68
Revenue 888.90M
Operating Income 11.32M
Net Income 1.87M
Free Cash Flow -23.57M
Net Cash -337.20M
Net Cash / Share -19.27
Gross Margin 20.94%
Operating Margin 1.27%
Profit Margin 0.20%
FCF Margin -2.65%
ROA 0.81%
ROE 0.54%
ROIC 1.50%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (4)

Buy 4
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$16.00*
(14.70% upside)
Low
12.0
Current: $13.95
High
20.0
Target: 16.00
*Average 12-month price target from 4 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue895885705671724719685674653650
Revenue Growth1.02%25.6%5.12%-7.4%0.73%5.03%1.53%3.31%0.44%-
Gross Profit180209159158181148116120113132
Operating Income16.0358.9928.1632.4567.7839.6520.3923.21-1.0626.01
Net Income8.4842.5055.4416.8442.0917.815.246.07-14.273.29
Shares Outstanding18.4418.3418.2818.1818.1515.2514.8414.7414.6914.37
Earnings Per Share0.452.303.020.922.301.150.350.41-0.970.23
EPS Growth-80.43%-23.84%228.26%-60%100%228.57%-14.63%---
Operating Cash Flow64.0312582.8510285.4873.7440.4555.1032.0670.84
Capital Expenditures-91.66-13.46-62.05-47.29-148-84.90-83.9715.74-49.48-82.27
Free Cash Flow-27.6311120.8055.14-62.20-11.16-43.5270.84-17.42-11.43
Cash & Equivalents43.5923.1315.367.754.4921.339.266.853.909.36
Total Debt349238214216255202238183248230
Net Cash / Debt-305-215-198-208-250-181-229-176-245-221
Assets882774650621647539466400440441
Liabilities532430354384445370366306353340
Book Value35034329523620216910094.6787.06101
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Covenant Transportation Group, Inc.
Employees 5,550

Stock Information

Ticker Symbol CVTI
Stock Exchange NASDAQ
Sector Industrials
Industry Trucking
Unique Identifier NASDAQ: CVTI
IPO Date October 28, 1994

Description

Covenant Transportation Group, together with its subsidiaries, provides truckload transportation and brokerage services primarily in the continental United States. It offers expedited and dedicated services. The company also provides ancillary services, including freight brokerage and logistics services, warehousing, and accounts receivable factoring; and over-the-road truckload services, as well as transportation management, shuttle, and switching services. It serves transportation companies, such as freight forwarders, less-than-truckload carriers, and third-party logistics providers; and traditional truckload customers, including manufacturers, retailers, and food and beverage shippers. As of December 31, 2018, the company operated 3,154 tractors and 6,950 trailers. Covenant Transportation Group, Inc. was founded in 1986 and is headquartered in Chattanooga, Tennessee.