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Covenant Logistics Group 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 3,000 staff and has a trailing 12-month revenue of around $1.2 billion.
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| Latest market close | $38.43 |
|---|---|
| 52-week range | $17.10 - $40.29 |
| 50-day moving average | $37.01 |
| 200-day moving average | $29.44 |
| Wall St. target price | $37.67 |
| PE ratio | 4.986 |
| Dividend yield | $0.205 (0.89%) |
| Earnings per share (TTM) | $7.12 |
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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.
Historical closes compared with the close of $38.43 from 2023-01-25
| 1 week (2023-01-20) | 4.83% |
|---|---|
| 1 month (2022-12-27) | 7.02% |
| 3 months (2022-10-27) | 8.56% |
| 6 months (2022-07-27) | 13.40% |
| 1 year (2022-01-27) | 83.26% |
|---|---|
| 2 years (2021-01-27) | 144.93% |
| 3 years (2020-01-27) | 178.48% |
| 5 years (2018-01-26) | 32.24% |
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 5x. In other words, Covenant Logistics Group shares trade at around 5x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Covenant Logistics Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $142.9 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 | $1.2 billion |
|---|---|
| Operating margin TTM | 7.29% |
| Gross profit TTM | $196.6 million |
| Return on assets TTM | 7.58% |
| Return on equity TTM | 32.22% |
| Profit margin | 9.46% |
| Book value | $27.29 |
| Market capitalisation | $479 million |
TTM: trailing 12 months
Dividend payout ratio: 5.12% of net profits
Recently Covenant Logistics Group has paid out, on average, around 5.12% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.89% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Covenant Logistics Group shareholders could enjoy a 0.89% return on their shares, in the form of dividend payments. In Covenant Logistics Group's case, that would currently equate to about $0.205 per share.
While Covenant Logistics Group's payout ratio might seem low, this can signify that Covenant Logistics Group is investing more in its future growth.
Covenant Logistics Group's most recent dividend payout was on 30 December 2022. The latest dividend was paid out to all shareholders who bought their shares by 1 December 2022 (the "ex-dividend date").
Over the last 12 months, Covenant Logistics Group's shares have ranged in value from as little as $17.0985 up to $40.2859. 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 1.4649. 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 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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