Covenant Logistics Group, Inc. (CVLG)
Industrials • Trucking • $29.77 • MCap: 779,605,312
https://www.covenantlogistics.com • 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 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. The 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 May 2007. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee.
AAII
Score Price 52 Week & Averages Relative Strength Risk
Total 36 Current $29.77 52W High $49.78 -40.19% Relative Strength -0.03 Beta 1.40
Business Quality 4 Weekly $30.81 -3.38% 52W Low $17.90 66.29% 3M -0.36 Short % 0.08
Financial Strength 6 Monthly $34.34 -13.31% Above 50DMA $33.53 -11.20% 6M -0.04 Risk Score 6
Growth Outlook 4 Quarterly $46.65 -36.19% Above 200DMA $33.80 -11.92% 9M 0.11
Momentum 2 Yearly $20.43 45.73% 12M 0.50
Valuation Financial Strength Growth/Profitability
Trailing P/E 3,072.00 Cash 3M Revenue Growth 0.10%
Forward P/E 11.65 Debt 324M Earnings Growth -0.11%
PEG Ratio N/A Debt/Equity 78.58 Qtr Earnings Growth -0.13%
Price/Sales 0.63 Current Ratio 1.14 Gross Margin 0.20%
Price/Book 1.89 Quick Ratio 0.92 Operating Margin 0.03%
EV/Revenue 0.89 Operating CF 85M Profit Margin 0.00%
EV/EBITDA 9.74 Free CF -45M EBITDA Margin 0.09%
Ent Value 1,101M Return on Assets 0.01%
Return on Equity 0.00%
Technical Volume & Bollinger Bands Analyst
RSI 31.18 Volume 0.13M Rating buy
Previous RSI 31.81 Avg Volume 20D 0.16M Target Mean $49.50
RSI Trend Down Relative Volume 1.34 Target High $56.00
MACD -1.26 Lower Band 28.90 Target Low $42.00
MACD Signal -1.10 Middle Band 31.73 Target Median $50.00
Histogram -0.16 Upper Band 34.56 Analysts 4
Previous Histogram -0.20 Bandwidth 17.830 Upside 61.13%
Histogram Trend Increasing %B 0.15