ducovest

CVLG:NSD-Covenant Logistics Group, Inc. (USD)

COMMON STOCK | Trucking |

Last Closing

USD 52.34

Change

0.00 (0.00)%

Market Cap

USD 0.69B

Volume

0.15M

Analyst Target

USD 22.50
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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. Its Dedicated segment provides customers with committed truckload capacity over contracted periods with the goal of three to five years in length 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. Its Warehousing segment provides day-to-day warehouse management services to customers, as well as shuttle and switching services related 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.

Company Website : https://www.covenantlogistics.com

Currency: USD

Country : USA

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-22 )

Largest Industry Peers for Trucking

Symbol Name Price(Change) Market Cap
ODFL Old Dominion Freight Line Inc

N/A

 USD 41.57B
SAIA Saia Inc

N/A

 USD 11.58B
ARCB ArcBest Corp

N/A

 USD 2.60B
WERN Werner Enterprises Inc

N/A

 USD 2.30B
MRTN Marten Transport Ltd

N/A

 USD 1.44B
ULH Universal Logistics Holdings I..

N/A

 USD 1.17B
HTLD Heartland Express Inc

N/A

 USD 0.94B
PTSI PAM Transportation Services In..

N/A

 USD 0.42B
YGMZ Mingzhu Logistics Holdings Lt..

N/A

 USD 5.64M

ETFs Containing CVLG

N/A

Market Performance

  Market Performance vs. Industry/Classification (Trucking) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 13.68% 90% A- 72% C
Dividend Return 0.72% 71% C- 19% F
Total Return 14.40% 90% A- 71% C-
Trailing 12 Months  
Capital Gain 20.16% 90% A- 68% D+
Dividend Return 1.01% 71% C- 16% F
Total Return 21.17% 90% A- 66% D+
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 29.13% 70% C- 83% B
Dividend Return 29.61% 70% C- 83% B
Total Return 0.48% 29% F 13% F
Risk Return Profile  
Volatility (Standard Deviation) 28.10% 70% C- 64% D
Risk Adjusted Return 105.39% 100% F 97% N/A
Market Capitalization 0.69B 30% F 66% D+

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector