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

What these ratings mean

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

Year	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	895	885	705	671	724	719	685	674	653	650
Revenue Growth	1.02%	25.6%	5.12%	-7.4%	0.73%	5.03%	1.53%	3.31%	0.44%	-
Gross Profit	180	209	159	158	181	148	116	120	113	132
Operating Income	16.03	58.99	28.16	32.45	67.78	39.65	20.39	23.21	-1.06	26.01
Net Income	8.48	42.50	55.44	16.84	42.09	17.81	5.24	6.07	-14.27	3.29
Shares Outstanding	18.44	18.34	18.28	18.18	18.15	15.25	14.84	14.74	14.69	14.37
Earnings Per Share	0.45	2.30	3.02	0.92	2.30	1.15	0.35	0.41	-0.97	0.23
EPS Growth	-80.43%	-23.84%	228.26%	-60%	100%	228.57%	-14.63%	-	-	-
Operating Cash Flow	64.03	125	82.85	102	85.48	73.74	40.45	55.10	32.06	70.84
Capital Expenditures	-91.66	-13.46	-62.05	-47.29	-148	-84.90	-83.97	15.74	-49.48	-82.27
Free Cash Flow	-27.63	111	20.80	55.14	-62.20	-11.16	-43.52	70.84	-17.42	-11.43
Cash & Equivalents	43.59	23.13	15.36	7.75	4.49	21.33	9.26	6.85	3.90	9.36
Total Debt	349	238	214	216	255	202	238	183	248	230
Net Cash / Debt	-305	-215	-198	-208	-250	-181	-229	-176	-245	-221
Assets	882	774	650	621	647	539	466	400	440	441
Liabilities	532	430	354	384	445	370	366	306	353	340
Book Value	350	343	295	236	202	169	100	94.67	87.06	101

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.