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Covenant Logistics Group, Inc is a trucking business based in the US. Covenant Logistics Group shares (CVLG) are listed on the NASDAQ and all prices are listed in US Dollars. Covenant Logistics Group employs 4,900 staff and has a trailing 12-month revenue of around 0.00.
|Latest market close||$22.51|
|52-week range||$13.23 - $23.97|
|50-day moving average||$20.51|
|200-day moving average||$19.94|
|Wall St. target price||$30.67|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$0.47|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-07-23)||N/A|
|1 month (2021-07-02)||9.38%|
|3 months (2021-05-03)||-0.75%|
|6 months (2021-01-30)||N/A|
|1 year (2020-07-30)||N/A|
|2 years (2019-07-30)||N/A|
|3 years (2018-07-30)||N/A|
|5 years (2016-07-30)||N/A|
Valuing Covenant Logistics Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Covenant Logistics Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Covenant Logistics Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 43x. In other words, Covenant Logistics Group shares trade at around 43x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Covenant Logistics Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $95.5 million.
The EBITDA is a measure of a Covenant Logistics Group's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$913.3 million|
|Operating margin TTM||4.34%|
|Gross profit TTM||$169.1 million|
|Return on assets TTM||1.39%|
|Return on equity TTM||-0.79%|
|Market capitalisation||$339.6 million|
TTM: trailing 12 months
There are currently 328,984 Covenant Logistics Group shares held short by investors – that's known as Covenant Logistics Group's "short interest". This figure is 10.4% down from 367,344 last month.
There are a few different ways that this level of interest in shorting Covenant Logistics Group shares can be evaluated.
Covenant Logistics Group's "short interest ratio" (SIR) is the quantity of Covenant Logistics Group shares currently shorted divided by the average quantity of Covenant Logistics Group shares traded daily (recently around 78516.46778043). Covenant Logistics Group's SIR currently stands at 4.19. In other words for every 100,000 Covenant Logistics Group shares traded daily on the market, roughly 4190 shares are currently held short.
However Covenant Logistics Group's short interest can also be evaluated against the total number of Covenant Logistics Group shares, or, against the total number of tradable Covenant Logistics Group shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Covenant Logistics Group's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Covenant Logistics Group shares in existence, roughly 20 shares are currently held short) or 0.0313% of the tradable shares (for every 100,000 tradable Covenant Logistics Group shares, roughly 31 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Covenant Logistics Group.
Find out more about how you can short Covenant Logistics Group stock.
We're not expecting Covenant Logistics Group to pay a dividend over the next 12 months.
Over the last 12 months, Covenant Logistics Group's shares have ranged in value from as little as $13.23 up to $23.97. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Covenant Logistics Group's is 1.7927. This would suggest that Covenant Logistics Group's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
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 to customers 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.
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