Covenant Logistics Group Inc Class A CVLG
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings 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.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if CVLG is a good fit for your portfolio.
News
-
Covenant Logistics Group, Inc. Announces Timing of First Quarter Earnings Release and Conference Call
-
Women In Trucking Association Names Covenant Logistics’ Abby Hamm and Lori Fulmer as 2024 Top Women to Watch in Transportation
-
Matthew Duncan of Covenant Logistics Named 2023 Transport Topics Recruiting Professional of the Year
-
Covenant Logistics Group Announces Quarterly Cash Dividend
-
Covenant Logistics Group Announces Fourth Quarter Financial and Operating Results
-
Covenant Logistics to Pay $700,000 in Penalties to Settle Hiring Discrimination Allegations
Trading Information
- Previous Close Price
- $43.69
- Day Range
- $43.45–44.03
- 52-Week Range
- $33.58–57.57
- Bid/Ask
- $43.45 / $46.75
- Market Cap
- $569.82 Mil
- Volume/Avg
- 66,827 / 69,863
Key Statistics
- Price/Earnings (Normalized)
- 10.43
- Price/Sales
- 0.55
- Dividend Yield (Trailing)
- 1.01%
- Dividend Yield (Forward)
- 1.01%
- Total Yield
- 5.46%
Company Profile
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.
- Sector
- Industrials
- Industry
- Trucking
- Stock Style Box
- Small Value
- Total Number of Employees
- 4,600
Comparables
Valuation
Metric
|
CVLG
|
USX
|
HTLD
|
---|---|---|---|
Price/Earnings (Normalized) | 10.43 | — | 84.48 |
Price/Book Value | 1.42 | 1.51 | 0.93 |
Price/Sales | 0.55 | 0.15 | 0.67 |
Price/Cash Flow | 4.86 | 18.10 | 5.11 |
Price/Earnings
CVLG
USX
HTLD
Financial Strength
Metric
|
CVLG
|
USX
|
HTLD
|
---|---|---|---|
Quick Ratio | 0.92 | 0.54 | 1.14 |
Current Ratio | 1.09 | 0.71 | 1.37 |
Interest Coverage | 10.07 | −2.85 | 1.75 |
Quick Ratio
CVLG
USX
HTLD
Profitability
Metric
|
CVLG
|
USX
|
HTLD
|
---|---|---|---|
Return on Assets (Normalized) | 2.28% | −4.09% | −0.92% |
Return on Equity (Normalized) | 5.07% | −22.11% | −1.69% |
Return on Invested Capital (Normalized) | 4.17% | −3.84% | 0.18% |
Return on Assets
CVLG
USX
HTLD
Trucking Industry Comparables
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|
ODFL
| Old Dominion Freight Line Inc Ordinary Shares | Mzftzqgmm | Wtyfb | $45.2 Bil | |
SAIA
| Saia Inc | Jmrhfkhn | Fgtb | $14.4 Bil | |
XPO
| XPO Inc | Jwfcpbf | Gjyd | $13.8 Bil | |
TFII
| TFI International Inc | — | Wvvlch | $12.2 Bil | |
KNX
| Knight-Swift Transportation Holdings Inc Class A | Vdxycclh | Ywvk | $7.7 Bil | |
YATRY
| Yamato Holdings Co Ltd ADR | — | Pmpzj | $4.6 Bil | |
YATRF
| Yamato Holdings Co Ltd | — | Vkrl | $4.6 Bil | |
SNDR
| Schneider National Inc | Rjzlsmdw | Llkxlyt | $3.6 Bil | |
ARCB
| ArcBest Corp | Jkjwbxvt | Lhglwyq | $3.2 Bil | |
WERN
| Werner Enterprises Inc | Gpqgnjsd | Rnnyy | $2.3 Bil |