CVLG RSI Chart
Last 7 days
-1.0%
Last 30 days
6.3%
Last 90 days
-13.1%
Trailing 12 Months
18.9%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 1.1B | 0 | 0 | 0 |
2023 | 1.2B | 1.1B | 1.1B | 1.1B |
2022 | 1.1B | 1.2B | 1.2B | 1.2B |
2021 | 848.6M | 913.3M | 977.0M | 1.0B |
2020 | 878.9M | 853.5M | 843.9M | 838.6M |
2019 | 929.2M | 949.9M | 927.1M | 885.4M |
2018 | 719.8M | 751.8M | 816.5M | 885.5M |
2017 | 673.1M | 678.5M | 692.7M | 705.0M |
2016 | 713.4M | 696.7M | 687.7M | 670.7M |
2015 | 725.2M | 727.0M | 723.0M | 724.2M |
2014 | 680.8M | 681.9M | 688.7M | 719.0M |
2013 | 682.0M | 683.1M | 685.6M | 684.5M |
2012 | 653.3M | 651.7M | 658.7M | 674.3M |
2011 | 654.1M | 658.0M | 654.6M | 652.6M |
2010 | 0 | 609.0M | 629.4M | 649.7M |
2009 | 0 | 0 | 0 | 588.7M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 |
Which funds bought or sold CVLG recently?
View All DetailsDatesorted ascending | Fund Name | Type | % 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 | - | -% |
Unveiling Covenant Logistics Group, Inc.'s Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Covenant Logistics Group, Inc.)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
FDX | 63.3B | 87.5B | 14.4 | 0.72 | ||||
GWW | 46.4B | 16.6B | 25.37 | 2.79 | ||||
FAST | 38.0B | 7.4B | 32.85 | 5.15 | ||||
JBHT | 17.0B | 12.5B | 25.84 | 1.36 | ||||
EXPD | 16.7B | 8.9B | 23.93 | 1.87 | ||||
MID-CAP | ||||||||
CHRW | 9.8B | 17.4B | 32.49 | 0.57 | ||||
KNX | 7.9B | 7.3B | 72.05 | 1.08 | ||||
AIT | 7.6B | 4.5B | 20.31 | 1.7 | ||||
BECN | 6.1B | 9.3B | 14.71 | 0.66 | ||||
ARCB | 2.7B | 4.4B | 21.88 | 0.61 | ||||
SMALL-CAP | ||||||||
BXC | 873.9M | 3.1B | 18.12 | 0.29 | ||||
CYRX | 624.1M | 225.0M | -5.43 | 2.77 | ||||
CVLG | 607.8M | 1.1B | 14.28 | 0.54 | ||||
DSKE | 391.3M | 1.6B | -22.11 | 0.25 | ||||
AIRT | 64.9M | 220.4M | -5.97 | 0.29 |
Covenant Logistics Group, Inc. News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 1.7% | 279 | 274 | 289 | 274 | 267 | 296 | 312 | 317 | 292 | 294 | 275 | 256 | 221 | 225 | 211 | 192 | 211 | 231 | 220 | 217 | 217 |
Cost Of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.00 | 3.00 | 5.00 | - | 6.00 | 3.00 | 8.00 |
Costs and Expenses | 5.7% | 274 | 260 | 274 | 262 | 249 | 285 | 253 | 291 | 268 | 276 | 254 | 238 | 210 | 216 | 204 | 221 | 212 | 229 | 224 | 210 | 214 |
Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 15.00 | 18.00 | 19.00 | - | 17.00 | 14.00 | 13.00 |
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 Expenses | 37.0% | 3.00 | 2.00 | 3.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
Income Taxes | -78.3% | 1.00 | 4.00 | 4.00 | 3.00 | 6.00 | 3.00 | 16.00 | 9.00 | 8.00 | 5.00 | 6.00 | 6.00 | 4.00 | 4.00 | 1.00 | -7.34 | -1.00 | -1.41 | 0.00 | 2.00 | 2.00 |
Earnings Before Taxes | -71.8% | 5.00 | 17.00 | 18.00 | 15.00 | 23.00 | 14.00 | 66.00 | 33.00 | 30.00 | 23.00 | 23.00 | 21.00 | 13.00 | 12.00 | 6.00 | -30.50 | -4.09 | -1.49 | -3.93 | 7.00 | 6.00 |
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% | 4.00 | 13.00 | 14.00 | 12.00 | 17.00 | 12.00 | 50.00 | 25.00 | 22.00 | 18.00 | 16.00 | 15.00 | 11.00 | -25.66 | 8.00 | -22.34 | -2.21 | 1.00 | -3.19 | 6.00 | 4.00 |
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 Cashflow | 63.8% | -26.66 | -73.69 | -12.37 | -37.73 | -8.97 | -0.90 | 10.00 | 19.00 | 31.00 | -8.50 | 26.00 | 14.00 | 6.00 | 8.00 | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -1.2% | 943 | 954 | 892 | 871 | 765 | 797 | 757 | 701 | 660 | 652 | 704 | 664 | 648 | 677 | 724 | 861 | 913 | 882 | 902 | 852 | 836 |
Current Assets | -3.0% | 180 | 186 | 203 | 199 | 205 | 223 | 213 | 173 | 169 | 189 | 239 | 201 | 144 | 148 | 201 | 346 | 283 | 254 | 246 | 226 | 226 |
Cash Equivalents | 28.7% | 3.00 | 2.00 | 7.00 | 8.00 | 55.00 | 69.00 | 59.00 | 4.00 | 7.00 | 8.00 | 22.00 | 5.00 | 5.00 | 8.00 | 14.00 | 67.00 | 40.00 | 44.00 | 40.00 | 29.00 | 31.00 |
Net PPE | -2.3% | 503 | 515 | 444 | 430 | 389 | 408 | 373 | 358 | 345 | 346 | 350 | 351 | 371 | 391 | 387 | 393 | 500 | 517 | 541 | 511 | 500 |
Goodwill | 6.0% | 80.00 | 76.00 | 73.00 | 11.00 | 12.00 | 58.00 | 58.00 | 16.00 | 30.00 | 43.00 | 43.00 | 43.00 | 43.00 | 43.00 | 43.00 | 43.00 | 43.00 | 43.00 | 43.00 | 43.00 | 41.00 |
Liabilities | -2.7% | 536 | 551 | 498 | 491 | 394 | 420 | 377 | 345 | 301 | 302 | 374 | 350 | 351 | 386 | 409 | 554 | 584 | 532 | 553 | 500 | 488 |
Current Liabilities | 1.8% | 173 | 170 | 171 | 154 | 139 | 156 | 161 | 150 | 130 | 143 | 208 | 179 | 124 | 133 | 147 | 166 | 168 | 161 | 153 | 133 | 133 |
Long Term Debt | -4.8% | 187 | 197 | 154 | 163 | 96.00 | 90.00 | 70.00 | 48.00 | 43.00 | 20.00 | 22.00 | 39.00 | 72.00 | 48.00 | 89.00 | 217 | 228 | 200 | 230 | 209 | 198 |
LT Debt, Current | 27.9% | 61.00 | 48.00 | 31.00 | 26.00 | 21.00 | 19.00 | 16.00 | 10.00 | 5.00 | 6.00 | 8.00 | 7.00 | 6.00 | 8.00 | 15.00 | 53.00 | 61.00 | 54.00 | 48.00 | 38.00 | 32.00 |
LT Debt, Non Current | -100.0% | - | 197 | 154 | 163 | 96.00 | 90.00 | 70.00 | 48.00 | 43.00 | 20.00 | 22.00 | 39.00 | 72.00 | 48.00 | 89.00 | 217 | 228 | 200 | 230 | 209 | 198 |
Shareholder's Equity | 0.9% | 407 | 403 | 394 | 380 | 371 | 377 | 380 | 356 | 359 | 350 | 330 | 314 | 297 | 291 | 315 | 307 | 328 | 350 | 348 | 352 | 348 |
Retained Earnings | 0.7% | 381 | 379 | 368 | 355 | 345 | 329 | 319 | 270 | 246 | 225 | 207 | 193 | 177 | 166 | 192 | 184 | 207 | 209 | 208 | 211 | 205 |
Additional Paid-In Capital | 0.5% | 157 | 156 | 156 | 154 | 153 | 153 | 153 | 151 | 150 | 149 | 148 | 146 | 145 | 143 | 143 | 143 | 142 | 142 | 142 | 141 | 143 |
Accumulated Depreciation | 5.7% | 188 | 178 | 169 | 181 | 203 | 212 | 203 | 194 | 185 | 172 | 161 | 156 | 156 | 150 | 140 | 131 | 188 | 208 | 208 | 212 | 200 |
Shares Outstanding | 0.3% | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 15.00 | 14.00 | 16.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 |
Float | - | - | - | - | 369 | - | - | - | 256 | - | - | - | 248 | - | - | - | 137 | - | - | - | 157 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -31.9% | 21,701 | 31,868 | 40,605 | 5,120 | 7,248 | 38,161 | 44,166 | 37,487 | 39,416 | 4,980 | 34,115 | 24,507 | 9,616 | 38,083 | 855 | 27,618 | -3,516 | 24,228 | 16,206 | 14,427 | 9,170 |
Share Based Compensation | -49.7% | 947 | 1,884 | 1,884 | 1,774 | 1,558 | 1,445 | 1,394 | - | - | 8,413 | - | - | - | - | - | - | - | - | - | - | - |
Cashflow From Investing | 52.4% | -43,481 | -91,326 | -31,266 | -120,407 | 7,078 | -36,386 | 13,143 | -17,967 | -44,998 | -11,621 | 2,185 | 9,849 | 9,931 | 7,049 | 126,914 | 20,581 | -16,498 | 6,519 | -34,212 | -31,841 | -33,495 |
Cashflow From Financing | -58.7% | 22,438 | 54,364 | -9,768 | 68,520 | -28,407 | 7,633 | -2,515 | -22,201 | 4,314 | -7,135 | -19,078 | -34,180 | -23,164 | -50,459 | -181,162 | -20,727 | 16,078 | -26,951 | 28,978 | 15,236 | 32,199 |
Dividend Payments | -100.0% | - | 1,437 | 1,436 | 1,442 | 1,466 | 1,095 | 1,170 | 975 | 1,047 | - | - | - | - | - | - | - | - | - | - | - | - |
Buy Backs | 100.0% | - | -58.00 | - | 4,683 | 20,805 | 13,837 | 27,521 | 28,565 | 14,800 | - | 1,981 | 242 | 8,118 | - | - | -29.00 | 17,515 | - | - | - | - |
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 expenses | 100,335 | 99,159 |
Fuel expense | 30,952 | 34,091 |
Operations and maintenance | 13,596 | 17,109 |
Revenue equipment rentals and purchased transportation | 66,751 | 63,016 |
Operating taxes and licenses | 3,361 | 3,463 |
Insurance and claims | 15,390 | 12,693 |
Communications and utilities | 1,403 | 1,284 |
General supplies and expenses | 20,830 | 13,620 |
Depreciation and amortization | 21,108 | 14,575 |
Loss (gain) on disposition of property and equipment, net | 702 | (9,791) |
Total operating expenses | 274,428 | 249,219 |
Operating income | 4,335 | 17,632 |
Interest expense, net | 3,338 | 769 |
Income from equity method investment | (3,676) | (5,943) |
Income before income taxes | 4,673 | 22,806 |
Income tax expense | 849 | 6,321 |
Income from continuing operations, net of tax | 3,824 | 16,485 |
Income from discontinued operations, net of tax | 150 | 150 |
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) | 0.01 | 0.01 |
Net income per share (in dollars per share) | 0.3 | 1.25 |
Diluted income per share: | ||
Income from continuing operations (in dollars per share) | 0.28 | 1.19 |
Income from discontinued operations (in dollars per share) | 0.01 | 0.01 |
Net income per share (in dollars per share) | $ 0.29 | $ 1.2 |
Basic weighted average shares outstanding (in shares) | 13,087 | 13,361 |
Diluted weighted average shares outstanding (in shares) | 13,800 | 13,877 |
Cargo and Freight [Member] | ||
Revenues | ||
Revenue | $ 247,685 | $ 233,422 |
Fuel Surcharge [Member] | ||
Revenues | ||
Revenue | $ 31,078 | $ 33,429 |
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 2023 | 143,975 | 142,504 |
Drivers' advances and other receivables, net of allowance of $589 in 2024 and $591 in 2023 | 6,020 | 4,367 |
Inventory and supplies | 5,127 | 4,848 |
Prepaid expenses | 13,562 | 17,880 |
Assets held for sale | 7,950 | 6,782 |
Income taxes receivable | 322 | 6,739 |
Other short-term assets | 536 | 531 |
Total current assets | 180,444 | 185,945 |
Property and equipment, at cost | 690,996 | 692,532 |
Less: accumulated depreciation and amortization | (188,011) | (177,877) |
Net property and equipment | 502,985 | 514,655 |
Goodwill | 80,303 | 75,747 |
Other intangibles, net | 97,242 | 99,615 |
Other assets, net | 82,098 | 78,067 |
Noncurrent assets of discontinued operations | 359 | 409 |
Total assets | 943,431 | 954,438 |
Current liabilities: | ||
Checks outstanding in excess of bank balances | 918 | 0 |
Accounts payable | 31,605 | 33,155 |
Accrued expenses | 49,194 | 59,067 |
Current maturities of long-term debt | 60,964 | 47,651 |
Current portion of finance lease obligations | 922 | 781 |
Operating lease obligations | 8,959 | 11,950 |
Current portion of insurance and claims accrual | 20,841 | 17,687 |
Total current liabilities | 173,403 | 170,291 |
Long-term debt | 187,400 | 196,894 |
Long-term portion of finance lease obligations | 5,802 | 5,296 |
Long-term portion of operating lease obligations | 27,328 | 30,892 |
Insurance and claims accrual | 17,902 | 15,746 |
Deferred income taxes | 110,543 | 116,095 |
Other long-term liabilities | 12,371 | 14,169 |
Long-term liabilities of discontinued operations | 1,435 | 1,635 |
Total liabilities | 536,184 | 551,018 |
Stockholders' equity: | ||
Additional paid-in-capital | 156,695 | 155,846 |
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 income | 1,076 | 816 |
Retained earnings | 381,450 | 378,919 |
Total stockholders' equity | 407,247 | 403,420 |
Total liabilities and stockholders' equity | 943,431 | 954,438 |
Common Class A [Member] | ||
Stockholders' equity: | ||
Common stock | 161 | 161 |
Common Class B [Member] | ||
Stockholders' equity: | ||
Common stock | $ 24 | $ 24 |