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NASDAQ: CVLG
Covenant Logistics Group Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for CVLG

Based on 1 analyst offering 12 month price targets for Covenant Logistics Group Inc.
Min Forecast
$70.00+61.25%
Avg Forecast
$70.00+61.25%
Max Forecast
$70.00+61.25%

Should I buy or sell CVLG stock?

Based on 1 analyst offering ratings for Covenant Logistics Group Inc.
Strong Buy
Strong Buy
1 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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CVLG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Stephens & Co.
Top 7%
94
Strong BuyMaintains$70.00+61.25%2023-07-28Find out why

1 of 1

Forecast return on equity

Is CVLG forecast to generate an efficient return?
Company
12.14%
Industry
29.61%
Market
25.57%
CVLG's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CVLG forecast to generate an efficient return on assets?
Company
5.29%
Industry
17.92%
CVLG is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CVLG vs Trucking Stocks

TickerPricePrice TargetUp/downsideConsensus
CVLG$43.41$70.00+61.25%Strong Buy
PTSI$21.87N/AN/A
ULH$24.79$35.00+41.19%Hold
TSP$1.45N/AN/A
DSKE$4.87N/AN/A
View Top Trucking Stocks

Covenant Logistics Group Stock Forecast FAQ

Is Covenant Logistics Group Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NASDAQ: CVLG) stock is to Strong Buy CVLG stock.

Out of 1 analyst, 1 (100%) are recommending CVLG as a Strong Buy, 0 (0%) are recommending CVLG as a Buy, 0 (0%) are recommending CVLG as a Hold, 0 (0%) are recommending CVLG as a Sell, and 0 (0%) are recommending CVLG as a Strong Sell.

If you're new to stock investing, here's how to buy Covenant Logistics Group stock.

What is CVLG's forecast return on equity (ROE) for 2023-2023?

(NASDAQ: CVLG) forecast ROE is 12.14%, which is considered weak.

What is CVLG's Price Target?

According to 1 Wall Street analyst that have issued a 1 year CVLG price target, the average CVLG price target is $70.00, with the highest CVLG stock price forecast at $70.00 and the lowest CVLG stock price forecast at $70.00.

The Wall Street analyst predicted that Covenant Logistics Group's share price could reach $70.00 by Jul 28, 2024. The average Covenant Logistics Group stock price prediction forecasts a potential upside of 61.25% from the current CVLG share price of $43.41.

What is CVLG's forecast return on assets (ROA) for 2023-2023?

(NASDAQ: CVLG) forecast ROA is 5.29%, which is lower than the forecast US Trucking industry average of 17.92%.
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