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NYSE: CVLG
Covenant Logistics Group Inc Stock

$50.29+0.39 (+0.78%)
Updated Oct 4, 2024
CVLG Price
$50.29
Fair Value Price
N/A
Market Cap
$662.36M
52 Week Low
$38.25
52 Week High
$56.96
P/E
15.43x
P/B
1.58x
P/S
0.57x
PEG
0.77x
Dividend Yield
0.22%
Revenue
$1.13B
Earnings
$42.47M
Gross Margin
22.3%
Operating Margin
6%
Profit Margin
3.8%
Debt to Equity
1.37
Operating Cash Flow
$117M
Beta
1.07
Next Earnings
Oct 23, 2024
Ex-Dividend
N/A
Next Dividend
N/A

CVLG Overview

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. The Dedicated segment provides customers with committed truckload capacity over contracted periods using equipment either owned or leased by the company. The Managed Freight segment offers brokerage services, including logistics capacity by outsourcing the carriage of customers' freight to third parties; and transport management services, such as logistics services on a contractual basis to customers who prefer to outsource their logistics needs. The Warehousing segment provides day-to-day warehouse management services to customers. The segment also provides shuttle and switching services to shuttling containers and trailers. The company also engages in used equipment sales and leasing business. It serves transportation companies, such as parcel 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, 2021, it operated 2,291 tractors and 5,331 trailers. The company was formerly known as Covenant Transportation Group, Inc. and changed its name to Covenant Logistics Group, Inc. in July 2020. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee.

Zen Score

Industry Average (32)
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Due Diligence Checks

CVLG ($50.29) is trading above its intrinsic value of $44.41, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
CVLG is good value based on its earnings relative to its share price (15.43x), compared to the US market average (26.83x)
P/E vs Market Valuation
CVLG is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
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CVLG News

Valuation

CVLG price to earnings (PE)

For valuing profitable companies with steady earnings
Company
15.43x
Industry
33.07x
Market
26.83x
CVLG is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
CVLG is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

CVLG price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.58x
Industry
3.82x
CVLG is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

CVLG price to earnings growth (PEG)

For valuing profitable companies with growth potential
CVLG is good value based... subscribe to Premium to read more.
PEG Value Valuation

CVLG's financial health

Profit margin

Revenue
$287.5M
Net Income
$12.2M
Profit Margin
4.2%
CVLG's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
CVLG's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$995.0M
Liabilities
$575.6M
Debt to equity
1.37
CVLG's short-term assets ($201.79M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
CVLG's long-term liabilities ($387.93M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
CVLG's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
CVLG's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$22.4M
Investing
-$43.0M
Financing
$18.9M
CVLG's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

CVLG vs Trucking Stocks

TickerMarket Cap1d %P/EP/B
CVLG$662.36M+0.78%15.43x1.58x
HTLD$887.78M-1.91%-37.70x1.06x
PTSI$364.83M+0.24%335.40x1.19x
ULH$1.20B+5.48%9.41x1.97x
BEST$54.86M-0.36%N/A-1.60x

Covenant Logistics Group Stock FAQ

What is Covenant Logistics Group's quote symbol?

(NYSE: CVLG) Covenant Logistics Group trades on the NYSE under the ticker symbol CVLG. Covenant Logistics Group stock quotes can also be displayed as NYSE: CVLG.

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

What is the 52 week high and low for Covenant Logistics Group (NYSE: CVLG)?

(NYSE: CVLG) Covenant Logistics Group's 52-week high was $56.96, and its 52-week low was $38.25. It is currently -11.71% from its 52-week high and 31.47% from its 52-week low.

How much is Covenant Logistics Group stock worth today?

(NYSE: CVLG) Covenant Logistics Group currently has 13,170,868 outstanding shares. With Covenant Logistics Group stock trading at $50.29 per share, the total value of Covenant Logistics Group stock (market capitalization) is $662.36M.

Covenant Logistics Group stock was originally listed at a price of $15.25 in Dec 31, 1997. If you had invested in Covenant Logistics Group stock at $15.25, your return over the last 26 years would have been 229.77%, for an annualized return of 4.7% (not including any dividends or dividend reinvestments).

How much is Covenant Logistics Group's stock price per share?

(NYSE: CVLG) Covenant Logistics Group stock price per share is $50.29 today (as of Oct 4, 2024).

What is Covenant Logistics Group's Market Cap?

(NYSE: CVLG) Covenant Logistics Group's market cap is $662.36M, as of Oct 7, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Covenant Logistics Group's market cap is calculated by multiplying CVLG's current stock price of $50.29 by CVLG's total outstanding shares of 13,170,868.
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