NASDAQ: CVLG
- Last Close 43.00
- Sector Industrials
- Industry Trucking
- Investment Style Small Blend
- Day Range 42.99 – 44.26
- Year Range 27.97 – 57.57
- Market Cap 557.6806 Mil
- Volume / Avg 13,837.0 / 67,890.0
- Price / Sales 0.53
- Price / Book 1.47
- Forward Div Yield 1.01%
- Trailing Div Yield 0.95%
Morningstar‘s Stock Analysis CVLG
Valuation
Currency in —
Is it the right time to buy or sell?
Is it the right time to buy or sell?
1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
About Quantitative Ratings
Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.
Unlock Our Full Analysis With Morningstar Investor
Company Profile CVLG
Business Description
Covenant Logistics Group Inc together with its wholly-owned subsidiaries offers truckload transportation and freight brokerage services to customers throughout the continental United States. The company's reportable segments include Expedited, Dedicated Services, Managed Freight and Warehousing. Expedited segment provides truckload services to customers with high service freight and delivery standards. Dedicated segment provides customers with committed truckload capacity over contracted periods with the goal of three to five years in length. Managed Freight segment includes brokerage services and TMS. Warehousing segment provides day-to-day warehouse management services to customers who have chosen to outsource this function. Majority of revenue is generated from expedited segment.
Our Quantitative Research team models direct competitors or comparable companies from a bottom-up perspective to find companies describing their business in a similar fashion.
Covenant Logistics Group Inc Class A
XNAS: CVLG
| Knight-Swift Transportation Holdings Inc Class A
XNYS: KNX
| Daseke Inc
XNAS: DSKE
| Heartland Express Inc
XNAS: HTLD
| |
Price
| 43.08 | 49.39 | 4.79 | 14.73 |
Currency
| USD | USD | USD | USD |
Change
| +$0.08 (0.17%) | −$0.68 (1.36%) | −$0.04 (0.83%) | −$0.19 (1.27%) |
Market Cap
| 557.68 Mil | 7.96 Bil | 219.87 Mil | 1.16 Bil |
Industry
| Trucking | Trucking | Trucking | Trucking |
Sector
|
Industrials
|
Industrials
|
Industrials
|
Industrials
|
* Trading data in this section is delayed by at least 15 minutes.
FAQs for Covenant Logistics Group Inc Class A Stock
Yes. CVLG has a forward dividend yield of 0.95%.
See
CVLG’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
CVLG’s market cap is 557.68 Mil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
CVLG’s stock style is Small Core.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
CVLG’s price/sales is 0.53.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
CVLG’s price/forward earnings is 6.90.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
CVLG’s price/book is 1.47.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See CVLG’s valuation ratios compared to the Market Index.
CVLG’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare CVLG’s historical performance against its industry peers and the overall market.