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

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for CVLG

Based on 1 analyst offering 12 month price targets for Covenant Logistics Group Inc

Min Forecast
$69.00+19.17%
Avg Forecast
$69.00+19.17%
Max Forecast
$69.00+19.17%

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%
Although CVLG's forecast from analysts indicates a "Strong Buy", our proven Zen Rating quant model rates CVLG as a "Hold". Stocks with a Zen Rating of Hold have had an average return of +7.53% per year. Learn More

Be the first to know when Wall Street analysts revise their CVLG stock forecasts and price targets.

CVLG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-10-25

1 of 1

Forecast return on equity

Is CVLG forecast to generate an efficient return?

Company
15.24%
Industry
23.52%
Market
70.09%
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
6.51%
Industry
13.62%
CVLG is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CVLG earnings per share forecast

What is CVLG's earnings per share in the next 2 years based on estimates from 2 analysts?

Avg 1 year Forecast
$3.98+23.99%
Avg 2 year Forecast
$4.99+55.45%
CVLG's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

CVLG earnings growth forecast

How is CVLG forecast to perform vs Trucking companies and vs the US market?

Company
23.99%
Industry
25.64%
Market
41.04%
CVLG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CVLG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
CVLG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

CVLG vs Trucking Stocks

TickerPricePrice TargetUp/downsideConsensus
CVLG$57.90$69.00+19.17%Strong Buy
HTLD$11.78$11.00-6.62%Strong Sell
PAMT$16.72$19.00+13.64%Hold
ULH$48.47N/AN/A
MRTN$17.07N/AN/A
View Top Trucking Stocks

Covenant Logistics Group Stock Forecast FAQ

Is Covenant Logistics Group Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NYSE: 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 earnings growth forecast for 2024-2025?

(NYSE: CVLG) Covenant Logistics Group's forecast annual earnings growth rate of 23.99% is not forecast to beat the US Trucking industry's average forecast earnings growth rate of 25.64%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 41.04%.

Covenant Logistics Group's earnings in 2024 is $41,996,000.On average, 2 Wall Street analysts forecast CVLG's earnings for 2024 to be $52,455,075, with the lowest CVLG earnings forecast at $52,059,685, and the highest CVLG earnings forecast at $52,850,465.

In 2025, CVLG is forecast to generate $65,766,538 in earnings, with the lowest earnings forecast at $62,603,418 and the highest earnings forecast at $68,929,658.

What is CVLG's forecast return on equity (ROE) for 2024-2025?

(NYSE: CVLG) forecast ROE is 15.24%, 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 $69.00, with the highest CVLG stock price forecast at $69.00 and the lowest CVLG stock price forecast at $69.00.

The Wall Street analyst predicted that Covenant Logistics Group's share price could reach $69.00 by Oct 25, 2025. The average Covenant Logistics Group stock price prediction forecasts a potential upside of 19.17% from the current CVLG share price of $57.90.

What is CVLG's Earnings Per Share (EPS) forecast for 2024-2025?

(NYSE: CVLG) Covenant Logistics Group's current Earnings Per Share (EPS) is $3.21. On average, analysts forecast that CVLG's EPS will be $3.98 for 2024, with the lowest EPS forecast at $3.95, and the highest EPS forecast at $4.01. In 2025, CVLG's EPS is forecast to hit $4.99 (min: $4.75, max: $5.23).

What is CVLG's forecast return on assets (ROA) for 2024-2025?

(NYSE: CVLG) forecast ROA is 6.51%, which is lower than the forecast US Trucking industry average of 13.62%.
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