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CVLG

Covenant Logistics Group NasdaqGS:CVLG Stock Report

Last Price

US$29.85

Market Cap

US$431.4m

7D

5.0%

1Y

4.6%

Updated

28 Sep, 2022

Data

Company Financials +
CVLG fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance6/6
Financial Health5/6
Dividends2/6

CVLG Stock Overview

Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States.

Covenant Logistics Group, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Covenant Logistics Group
Historical stock prices
Current Share PriceUS$29.85
52 Week HighUS$34.80
52 Week LowUS$17.23
Beta1.48
1 Month Change3.22%
3 Month Change18.97%
1 Year Change4.59%
3 Year Change98.21%
5 Year Change6.42%
Change since IPO53.08%

Recent News & Updates

Aug 30
Returns Are Gaining Momentum At Covenant Logistics Group (NASDAQ:CVLG)

Returns Are Gaining Momentum At Covenant Logistics Group (NASDAQ:CVLG)

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...

Aug 12

Covenant Logistics files for $200M mixed shelf offering

Covenant Logistics (NASDAQ:CVLG) on Friday filed for a $200M mixed shelf offering. The offering can include class A stock, preferred stock, debt securities, rights and warrants. CVLG has no immediate plans to offer or sell any securities.

Shareholder Returns

CVLGUS TransportationUS Market
7D5.0%-3.7%-2.0%
1Y4.6%-25.6%-20.3%

Return vs Industry: CVLG exceeded the US Transportation industry which returned -27.8% over the past year.

Return vs Market: CVLG exceeded the US Market which returned -22.1% over the past year.

Price Volatility

Is CVLG's price volatile compared to industry and market?
CVLG volatility
CVLG Average Weekly Movement7.5%
Transportation Industry Average Movement6.7%
Market Average Movement6.9%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market2.8%

Stable Share Price: CVLG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: CVLG's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19863,750David Parkerhttps://www.covenantlogistics.com

Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing. The Expedited segment primarily provides truckload services with high service freight and delivery standards, such as 1,000 miles in 22 hours or 15-minute delivery windows.

Covenant Logistics Group, Inc. Fundamentals Summary

How do Covenant Logistics Group's earnings and revenue compare to its market cap?
CVLG fundamental statistics
Market CapUS$431.43m
Earnings (TTM)US$80.87m
Revenue (TTM)US$1.18b

5.3x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CVLG income statement (TTM)
RevenueUS$1.18b
Cost of RevenueUS$950.99m
Gross ProfitUS$226.76m
Other ExpensesUS$145.90m
EarningsUS$80.87m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)5.59
Gross Margin19.25%
Net Profit Margin6.87%
Debt/Equity Ratio16.4%

How did CVLG perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

3%

Payout Ratio