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CVLG

CVLG - Covenant Logistics Group, Inc. Stock Price, Fair Value and News

46.44USD-0.49 (-1.04%)Delayed

Market Summary

CVLG
USD46.44-0.49
Delayed
-1.04%

CVLG Alerts

  • Big fall in earnings (Y/Y)

CVLG Stock Price

View Fullscreen

CVLG RSI Chart

CVLG Valuation

Market Cap

607.8M

Price/Earnings (Trailing)

14.28

Price/Sales (Trailing)

0.54

EV/EBITDA

5.61

Price/Free Cashflow

-4.04

CVLG Price/Sales (Trailing)

CVLG Profitability

Operating Margin

98.51%

EBT Margin

4.85%

Return on Equity

10.45%

Return on Assets

4.51%

Free Cashflow Yield

-24.76%

CVLG Fundamentals

CVLG Revenue

Revenue (TTM)

1.1B

Rev. Growth (Yr)

4.46%

Rev. Growth (Qtr)

1.74%

CVLG Earnings

Earnings (TTM)

42.6M

Earnings Growth (Yr)

-76.11%

Earnings Growth (Qtr)

-68.94%

Breaking Down CVLG Revenue

Last 7 days

-1.0%

Last 30 days

6.3%

Last 90 days

-13.1%

Trailing 12 Months

18.9%

How does CVLG drawdown profile look like?

CVLG Financial Health

Current Ratio

1.04

Debt/Equity

0.46

Debt/Cashflow

0.53

CVLG Investor Care

Dividend Yield

0.96%

Buy Backs (1Y)

2.05%

Diluted EPS (TTM)

3.09

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20241.1B000
20231.2B1.1B1.1B1.1B
20221.1B1.2B1.2B1.2B
2021848.6M913.3M977.0M1.0B
2020878.9M853.5M843.9M838.6M
2019929.2M949.9M927.1M885.4M
2018719.8M751.8M816.5M885.5M
2017673.1M678.5M692.7M705.0M
2016713.4M696.7M687.7M670.7M
2015725.2M727.0M723.0M724.2M
2014680.8M681.9M688.7M719.0M
2013682.0M683.1M685.6M684.5M
2012653.3M651.7M658.7M674.3M
2011654.1M658.0M654.6M652.6M
20100609.0M629.4M649.7M
2009000588.7M
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Tracking the Latest Insider Buys and Sells of Covenant Logistics Group, Inc.

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 11, 2024
bunn paul
back to issuer
-
-
-12,028
president, coo, and secretary
Feb 28, 2024
bunn paul
sold (taxes)
-92,843
49.28
-1,884
president, coo, and secretary
Feb 27, 2024
parker david ray
sold
-1,123,710
51.0775
-22,000
chairman and ceo
Feb 26, 2024
parker david ray
sold
-2,830,890
51.4708
-55,000
chairman and ceo
Feb 26, 2024
yates george s.
sold
-55,032
51.4801
-1,069
svp - brokerage
Feb 23, 2024
hogan joey b
gifted
-
-
-1,000
-
Feb 23, 2024
parker david ray
sold
-2,063,350
51.5838
-40,000
chairman and ceo
Feb 22, 2024
hogan joey b
gifted
-
-
-1,000
-
Feb 22, 2024
parker david ray
sold
-1,193,300
51.8827
-23,000
chairman and ceo
Feb 22, 2024
hough samuel f
sold
-186,740
52.0311
-3,589
evp - expedited

1–10 of 50

Which funds bought or sold CVLG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.5
-18,853
370,231
-%
May 16, 2024
JANE STREET GROUP, LLC
added
16.83
46,910
312,745
-%
May 16, 2024
COMERICA BANK
unchanged
-
99.00
14,325
-%
May 15, 2024
Royal Bank of Canada
reduced
-18.35
-110,000
505,000
-%
May 15, 2024
JACOBS LEVY EQUITY MANAGEMENT, INC
reduced
-0.89
-9,230
4,552,370
0.02%
May 15, 2024
Walleye Capital LLC
sold off
-100
-337,519
-
-%
May 15, 2024
PDT Partners, LLC
added
15.37
48,442
347,932
0.03%
May 15, 2024
JANUS HENDERSON GROUP PLC
unchanged
-
1,114
210,200
-%
May 15, 2024
GOLDMAN SACHS GROUP INC
added
29.94
520,200
2,206,830
-%
May 15, 2024
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
sold off
-100
-69,889
-
-%

1–10 of 45

Are Funds Buying or Selling CVLG?

Are funds buying CVLG calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CVLG
No. of Funds

Unveiling Covenant Logistics Group, Inc.'s Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 01, 2024
parker david r & jacqueline f
30.8%
4,154,463
SC 13D/A
Feb 09, 2024
dimensional fund advisors lp
7.4%
785,872
SC 13G/A
Feb 09, 2024
lsv asset management
5.34%
566,390
SC 13G
Jan 24, 2024
blackrock inc.
10.6%
1,127,876
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
8.6%
953,427
SC 13G/A
Jan 26, 2023
blackrock inc.
11.6%
1,291,278
SC 13G/A
Jan 20, 2023
blackrock inc.
11.6%
1,291,278
SC 13G/A
Nov 14, 2022
parker david r & jacqueline f
29.4%
3,973,732
SC 13D/A
Jun 09, 2022
blackrock inc.
10.5%
1,386,289
SC 13G
Feb 08, 2022
dimensional fund advisors lp
7.9%
1,128,909
SC 13G/A

Recent SEC filings of Covenant Logistics Group, Inc.

View All Filings
Date Filed Form Type Document
May 17, 2024
4
Insider Trading
May 17, 2024
8-K
Current Report
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 16, 2024
4
Insider Trading

Peers (Alternatives to Covenant Logistics Group, Inc.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
63.3B
87.5B
-2.21% 11.64%
14.4
0.72
-5.51% 46.89%
46.4B
16.6B
-0.47% 39.19%
25.37
2.79
6.06% 9.62%
38.0B
7.4B
-2.99% 20.26%
32.85
5.15
3.46% 4.06%
17.0B
12.5B
-2.04% -3.51%
25.84
1.36
-13.82% -28.77%
16.7B
8.9B
3.13% 2.83%
23.93
1.87
-40.57% -43.75%
MID-CAP
9.8B
17.4B
22.22% -17.13%
32.49
0.57
-22.65% -61.39%
7.9B
7.3B
1.26% -10.96%
72.05
1.08
1.23% -83.48%
7.6B
4.5B
6.84% 51.37%
20.31
1.7
3.72% 12.24%
6.1B
9.3B
3.20% 46.41%
14.71
0.66
9.73% -2.71%
2.7B
4.4B
-18.73% 30.53%
21.88
0.61
-10.46% -59.38%
SMALL-CAP
873.9M
3.1B
-8.28% 16.64%
18.12
0.29
-22.33% -73.30%
624.1M
225.0M
-24.54% -36.43%
-5.43
2.77
-9.19% -264.75%
607.8M
1.1B
6.29% 18.92%
14.28
0.54
-6.43% -58.73%
391.3M
1.6B
-0.12% 0.61%
-22.11
0.25
-11.50% -135.26%
64.9M
220.4M
2.77% -16.00%
-5.97
0.29
16.77% -270.60%

Covenant Logistics Group, Inc. News

Latest updates
Marketscreener.com • 18 hours ago
Yahoo New Zealand News • 15 May 2024 • 08:26 am
Yahoo Canada Shine On • 15 May 2024 • 04:05 am
Defense World • 27 Apr 2024 • 07:00 am

Covenant Logistics Group, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue1.7%279274289274267296312317292294275256221225211192211231220217217
Cost Of Revenue---------------3.003.005.00-6.003.008.00
Costs and Expenses5.7%274260274262249285253291268276254238210216204221212229224210214
Operating Expenses---------------15.0018.0019.00-17.0014.0013.00
EBITDA Margin-7.0%0.13*0.14*0.13*0.16*0.17*0.17*0.17*0.14*0.14*0.13*0.13*0.12*0.08*0.07*-------
Interest Expenses37.0%3.002.003.002.001.001.001.001.001.001.001.001.001.001.002.002.002.002.002.002.002.00
Income Taxes-78.3%1.004.004.003.006.003.0016.009.008.005.006.006.004.004.001.00-7.34-1.00-1.410.002.002.00
Earnings Before Taxes-71.8%5.0017.0018.0015.0023.0014.0066.0033.0030.0023.0023.0021.0013.0012.006.00-30.50-4.09-1.49-3.937.006.00
EBT Margin-25.9%0.05*0.07*0.06*0.10*0.11*0.12*0.12*0.09*0.09*0.08*0.07*0.06*0.00*-0.02*-------
Net Income-68.9%4.0013.0014.0012.0017.0012.0050.0025.0022.0018.0016.0015.0011.00-25.668.00-22.34-2.211.00-3.196.004.00
Net Income Margin-23.7%0.04*0.05*0.05*0.08*0.09*0.09*0.09*0.07*0.06*0.06*0.02*0.01*-0.03*-0.05*-------
Free Cashflow63.8%-26.66-73.69-12.37-37.73-8.97-0.9010.0019.0031.00-8.5026.0014.006.008.00-------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-1.2%943954892871765797757701660652704664648677724861913882902852836
  Current Assets-3.0%180186203199205223213173169189239201144148201346283254246226226
    Cash Equivalents28.7%3.002.007.008.0055.0069.0059.004.007.008.0022.005.005.008.0014.0067.0040.0044.0040.0029.0031.00
  Net PPE-2.3%503515444430389408373358345346350351371391387393500517541511500
  Goodwill6.0%80.0076.0073.0011.0012.0058.0058.0016.0030.0043.0043.0043.0043.0043.0043.0043.0043.0043.0043.0043.0041.00
Liabilities-2.7%536551498491394420377345301302374350351386409554584532553500488
  Current Liabilities1.8%173170171154139156161150130143208179124133147166168161153133133
  Long Term Debt-4.8%18719715416396.0090.0070.0048.0043.0020.0022.0039.0072.0048.0089.00217228200230209198
    LT Debt, Current27.9%61.0048.0031.0026.0021.0019.0016.0010.005.006.008.007.006.008.0015.0053.0061.0054.0048.0038.0032.00
    LT Debt, Non Current-100.0%-19715416396.0090.0070.0048.0043.0020.0022.0039.0072.0048.0089.00217228200230209198
Shareholder's Equity0.9%407403394380371377380356359350330314297291315307328350348352348
  Retained Earnings0.7%381379368355345329319270246225207193177166192184207209208211205
  Additional Paid-In Capital0.5%157156156154153153153151150149148146145143143143142142142141143
Accumulated Depreciation5.7%188178169181203212203194185172161156156150140131188208208212200
Shares Outstanding0.3%13.0013.0013.0013.0013.0015.0014.0016.0017.0017.0017.0017.0017.0017.0017.0017.0018.0018.0018.0018.0018.00
Float----369---256---248---137---157-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-31.9%21,70131,86840,6055,1207,24838,16144,16637,48739,4164,98034,11524,5079,61638,08385527,618-3,51624,22816,20614,4279,170
  Share Based Compensation-49.7%9471,8841,8841,7741,5581,4451,394--8,413-----------
Cashflow From Investing52.4%-43,481-91,326-31,266-120,4077,078-36,38613,143-17,967-44,998-11,6212,1859,8499,9317,049126,91420,581-16,4986,519-34,212-31,841-33,495
Cashflow From Financing-58.7%22,43854,364-9,76868,520-28,4077,633-2,515-22,2014,314-7,135-19,078-34,180-23,164-50,459-181,162-20,72716,078-26,95128,97815,23632,199
  Dividend Payments-100.0%-1,4371,4361,4421,4661,0951,1709751,047------------
  Buy Backs100.0%--58.00-4,68320,80513,83727,52128,56514,800-1,9812428,118---29.0017,515----
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CVLG Income Statement

2024-03-31
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues  
Revenue$ 278,763$ 266,851
Operating expenses:  
Salaries, wages, and related expenses100,33599,159
Fuel expense30,95234,091
Operations and maintenance13,59617,109
Revenue equipment rentals and purchased transportation66,75163,016
Operating taxes and licenses3,3613,463
Insurance and claims15,39012,693
Communications and utilities1,4031,284
General supplies and expenses20,83013,620
Depreciation and amortization21,10814,575
Loss (gain) on disposition of property and equipment, net702(9,791)
Total operating expenses274,428249,219
Operating income4,33517,632
Interest expense, net3,338769
Income from equity method investment(3,676)(5,943)
Income before income taxes4,67322,806
Income tax expense8496,321
Income from continuing operations, net of tax3,82416,485
Income from discontinued operations, net of tax150150
Net income$ 3,974$ 16,635
Basic income per share(1):  
Income from continuing operations (in dollars per share)$ 0.29$ 1.23
Income from discontinued operations (in dollars per share)0.010.01
Net income per share (in dollars per share)0.31.25
Diluted income per share:  
Income from continuing operations (in dollars per share)0.281.19
Income from discontinued operations (in dollars per share)0.010.01
Net income per share (in dollars per share)$ 0.29$ 1.2
Basic weighted average shares outstanding (in shares)13,08713,361
Diluted weighted average shares outstanding (in shares)13,80013,877
Cargo and Freight [Member]  
Revenues  
Revenue$ 247,685$ 233,422
Fuel Surcharge [Member]  
Revenues  
Revenue$ 31,078$ 33,429

CVLG Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 2,952$ 2,294
Accounts receivable, net of allowance of $2,434 in 2024 and $2,449 in 2023143,975142,504
Drivers' advances and other receivables, net of allowance of $589 in 2024 and $591 in 20236,0204,367
Inventory and supplies5,1274,848
Prepaid expenses13,56217,880
Assets held for sale7,9506,782
Income taxes receivable3226,739
Other short-term assets536531
Total current assets180,444185,945
Property and equipment, at cost690,996692,532
Less: accumulated depreciation and amortization(188,011)(177,877)
Net property and equipment502,985514,655
Goodwill80,30375,747
Other intangibles, net97,24299,615
Other assets, net82,09878,067
Noncurrent assets of discontinued operations359409
Total assets943,431954,438
Current liabilities:  
Checks outstanding in excess of bank balances9180
Accounts payable31,60533,155
Accrued expenses49,19459,067
Current maturities of long-term debt60,96447,651
Current portion of finance lease obligations922781
Operating lease obligations8,95911,950
Current portion of insurance and claims accrual20,84117,687
Total current liabilities173,403170,291
Long-term debt187,400196,894
Long-term portion of finance lease obligations5,8025,296
Long-term portion of operating lease obligations27,32830,892
Insurance and claims accrual17,90215,746
Deferred income taxes110,543116,095
Other long-term liabilities12,37114,169
Long-term liabilities of discontinued operations1,4351,635
Total liabilities536,184551,018
Stockholders' equity:  
Additional paid-in-capital156,695155,846
Treasury stock at cost; 5,361,426 and 5,404,269 shares as of March 31, 2024 and December 31, 2023, respectively(132,159)(132,346)
Accumulated other comprehensive income1,076816
Retained earnings381,450378,919
Total stockholders' equity407,247403,420
Total liabilities and stockholders' equity943,431954,438
Common Class A [Member]  
Stockholders' equity:  
Common stock161161
Common Class B [Member]  
Stockholders' equity:  
Common stock$ 24$ 24
CVLG
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. This 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. 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.
 CEO
 WEBSITEcovenantlogistics.com
 INDUSTRYIntegrated Freight & Logistics
 EMPLOYEES3007

Covenant Logistics Group, Inc. Frequently Asked Questions


What is the ticker symbol for Covenant Logistics Group, Inc.? What does CVLG stand for in stocks?

CVLG is the stock ticker symbol of Covenant Logistics Group, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Covenant Logistics Group, Inc. (CVLG)?

As of Fri May 17 2024, market cap of Covenant Logistics Group, Inc. is 607.76 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CVLG stock?

You can check CVLG's fair value in chart for subscribers.

What is the fair value of CVLG stock?

You can check CVLG's fair value in chart for subscribers. The fair value of Covenant Logistics Group, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Covenant Logistics Group, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CVLG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Covenant Logistics Group, Inc. a good stock to buy?

The fair value guage provides a quick view whether CVLG is over valued or under valued. Whether Covenant Logistics Group, Inc. is cheap or expensive depends on the assumptions which impact Covenant Logistics Group, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CVLG.

What is Covenant Logistics Group, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, CVLG's PE ratio (Price to Earnings) is 14.28 and Price to Sales (PS) ratio is 0.54. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CVLG PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Covenant Logistics Group, Inc.'s stock?

In the past 10 years, Covenant Logistics Group, Inc. has provided 0.168 (multiply by 100 for percentage) rate of return.