Covenant Logistics Group, Inc.
Ticker
CVLG
ISIN
-
Price
USD 46.63
Change Today
+0.33 / 0.702 %
Price 1 year ago
38.66 / 20.613 %
Market Capitalization
473,509,856.00
52 Week Low
37.79
52 Week High
56.51
200 Day Moving Average
45.88
50-day Moving Average
45.46
Price evolution
Yearly Returns
Peers
Peers
Company information
Summary
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 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. This segment also provides shuttle and switching services 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.
Sector
Industrials
Industry
Trucking
Country
United States
Exchange
NMS
Earnings Per Share
6.89
P/E Ratio
5.226415
Debt/Equity Ratio
47.631
Beta
1.420761
Ebitda
137,872,000.00
Ebitda Margins
0.11
Enterprise to Ebitda
4.26
Enterprise Value
587,767,872.00
Target Price
39.67
Estimated Price
-
Book Value
27.82
Expected Growth
-
Balance sheet
Income statement
Sustainability
Correlation
Company | Name | Correlation |
---|---|---|
TSP | TuSimple Holdings Inc. | -0.51 |
BEST | BEST Inc. | -0.47 |
9956.HK | ANE | -0.40 |
RXO | RXO, Inc. | -0.37 |
HTLD | Heartland Express, Inc. | -0.35 |
LAU.AX | LINDSAY AU FPO | -0.23 |
USX | U.S. Xpress Enterprises, Inc. | -0.09 |
DSKE | Daseke, Inc. | -0.08 |
603056.SS | DEPPON LOGISTICS CO LTD | -0.03 |
9064.T | YAMATO HOLDINGS CO LTD | -0.02 |
TGMA3.SA | TEGMA ON NM | 0.04 |
WERN | Werner Enterprises, Inc. | 0.04 |
603223.SS | HENGTONG LOGISTIC CO LTD | 0.08 |
900903.SS | DAZHONG TRANSPORTATION GROUP | 0.11 |
900914.SS | SHANGHAI JIN JIANG ONLINE NETWO | 0.12 |
600650.SS | SHANGHAI JIN JIANG ONLINE NETWO | 0.12 |
603569.SS | BEIJING CHANGJIU LOGISTICS CO | 0.16 |
9076.T | SEINO HOLDINGS | 0.17 |
600611.SS | DAZHONG TRANSPORTATION GROUP | 0.17 |
VRLLOG.NS | VRL LOGISTICS LTD | 0.19 |
600662.SS | SHANGHAI FOREIGN SERVICE HOLDIN | 0.34 |
KNX | Knight-Swift Transportation Hol | 0.62 |
SNDR | Schneider National, Inc. | 0.63 |
ARCB | ArcBest Corporation | 0.68 |
MRTN | Marten Transport, Ltd. | 0.72 |
TFII | TFI International Inc. | 0.77 |
SAIA | Saia, Inc. | 0.81 |
ODFL | Old Dominion Freight Line, Inc. | 0.84 |
Similar companies
Ticker | Name | City | Country | Currency | Exchange | Beta | EV/EBITDA | Employees | Site |
---|---|---|---|---|---|---|---|---|---|
603056.SS | DEPPON LOGISTICS CO LTD | Shanghai | China | CNY | SHH | 11.40 | https://www.deppon.com | ||
600662.SS | SHANGHAI FOREIGN SERVICE HOLDIN | Shanghai | China | CNY | SHH | 0.56 | 6.85 | 3011 | https://www.62580000.com.cn |
603569.SS | BEIJING CHANGJIU LOGISTICS CO | Beijing | China | CNY | SHH | 0.34 | 35.69 | 1270 | https://www.changjiulogistics.com |
600611.SS | DAZHONG TRANSPORTATION GROUP | Shanghai | China | CNY | SHH | 0.36 | 14.40 | 6490 | https://www.96822.com |
600650.SS | SHANGHAI JIN JIANG ONLINE NETWO | Shanghai | China | CNY | SHH | 0.41 | 36.22 | 6062 | https://www.jinjiangonline.com |
603223.SS | HENGTONG LOGISTIC CO LTD | Yantai | China | CNY | SHH | 0.12 | 83.44 | 1358 | https://www.hengtonggf.com |
TSP | TuSimple Holdings Inc. | San Diego | United States | USD | NMS | -2.53 | 1400 | https://www.tusimple.com | |
KNX | Knight-Swift Transportation Hol | Phoenix | United States | USD | NYQ | 1.20 | 6.05 | 27400 | https://knight-swift.com |
9956.HK | ANE | Shanghai | China | HKD | HKG | 7.74 | 4419 | https://www.ane56.com | |
9064.T | YAMATO HOLDINGS CO LTD | Tokyo | Japan | JPY | JPX | 0.45 | 6.40 | 216873 | https://www.yamato-hd.co.jp |
YELL | Yellow Corporation | Nashville | United States | USD | NMS | 2.80 | 5.43 | 30000 | https://www.myyellow.com |
RXO | RXO, Inc. | Charlotte | United States | USD | NYQ | 11.42 | 6248 | https://www.rxo.com | |
ODFL | Old Dominion Freight Line, Inc. | Thomasville | United States | USD | NMS | 0.99 | 17.55 | 24585 | https://www.odfl.com |
WERN | Werner Enterprises, Inc. | Omaha | United States | USD | NMS | 0.80 | 6.02 | 13500 | https://www.werner.com |
SNDR | Schneider National, Inc. | Green Bay | United States | USD | NYQ | 0.90 | 4.35 | 16050 | https://schneider.com |
MRTN | Marten Transport, Ltd. | Mondovi | United States | USD | NMS | 0.83 | 7.38 | 4007 | https://www.marten.com |
SAIA | Saia, Inc. | Johns Creek | United States | USD | NMS | 1.34 | 10.49 | 11600 | https://www.saia.com |
900914.SS | SHANGHAI JIN JIANG ONLINE NETWO | Shanghai | China | USD | SHH | 0.41 | -9.69 | 6062 | https://www.jinjiangonline.com |
900903.SS | DAZHONG TRANSPORTATION GROUP | Shanghai | China | USD | SHH | 0.36 | 3.29 | 6490 | https://www.96822.com |
DSKE | Daseke, Inc. | Addison | United States | USD | NCM | 1.88 | 5.87 | 4006 | https://www.daseke.com |
9076.T | SEINO HOLDINGS | Ogaki | Japan | JPY | JPX | 0.79 | 2.63 | 29749 | https://www.seino.co.jp |
LAU.AX | LINDSAY AU FPO | Acacia Ridge | Australia | AUD | ASX | 0.04 | 8.45 | 1494 | https://www.lindsayaustralia.com.au |
VRLLOG.NS | VRL LOGISTICS LTD | Hubli | India | INR | NSI | 0.53 | 18.16 | 20788 | https://www.vrllogistics.com |
USX | U.S. Xpress Enterprises, Inc. | Chattanooga | United States | USD | NYQ | 1.88 | 10.95 | 8689 | https://www.usxpress.com |
HTLD | Heartland Express, Inc. | North Liberty | United States | USD | NMS | 0.49 | 6.65 | 3180 | https://www.heartlandexpress.com |
TFII | TFI International Inc. | Saint-Laurent | Canada | USD | NYQ | 1.46 | 9.20 | 29539 | https://www.tfiintl.com |
USAK | USA Truck, Inc. | Van Buren | United States | USD | NMS | 1.16 | 5.62 | 2100 | https://www.usa-truck.com |
ARCB | ArcBest Corporation | Fort Smith | United States | USD | NMS | 1.55 | 4.28 | 14000 | https://www.arcb.com |
TGMA3.SA | TEGMA ON NM | São Bernardo do Campo | Brazil | BRL | SAO | 1.01 | 6.70 | https://www.tegma.com.br | |
BEST | BEST Inc. | Hangzhou | China | USD | NYQ | 0.57 | -1.75 | 4381 | https://www.best-inc.com |
CVLG | Covenant Logistics Group, Inc. | Chattanooga | United States | USD | NMS | 1.42 | 4.26 | 3007 | https://www.covenantlogistics.com |
9075.T | FUKUYAMA TRANSPORTING CO | Fukuyama | Japan | JPY | JPX | 0.41 | 5.25 | 21907 | https://www.fukutsu.co.jp |
ULH | Universal Logistics Holdings, I | Warren | United States | USD | NMS | 1.26 | 5.22 | 8004 | https://www.universallogistics.com |
9039.T | SAKAI MOVING SERVICE | Sakai | Japan | JPY | JPX | 6.14 | 6794 | https://www.hikkoshi-sakai.co.jp | |
PATI | Patriot Transportation Holding, | Jacksonville | United States | USD | NMS | 0.37 | 3.18 | 508 | https://www.patriottrans.com |
RRTS | ROADRUNNER TRANSPORTATON SYSTMS | Downers Grove | United States | USD | PNK | 5.35 | -7.44 | 3600 | https://www.rrts.com |
MLLGF | MULLEN GROUP LTD | Okotoks | Canada | USD | PNK | 1.76 | 5.39 | 7100 | https://www.mullen-group.com |
CGIP | CELADON GROUP | Indianapolis | United States | USD | PNK | -9.95 | 4.49 | 5979 | https://www.celadontrucking.com |
TFII.TO | TFI INTERNATIONAL INC | Saint-Laurent | Canada | 1.53 | 11.34 | 28286 | https://www.tfiintl.com |
Funds
Mutual Fund Holders
Social
Dividends
Ratings
News
Earnings
SEC Filings
Options
Indicators
Glossary
- Momentum
- A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
- Inertia
- In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
- Relative Strength Index (RSI)
- A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
- Fibonacci's Weighted Moving Average
- A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
- Williams %R
- A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
- Relative Volatility Index (RVI)
- A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
- Commodity Channel Index (CCI)
- A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.