Covenant Logistics Group Statistics
Share Statistics
Covenant Logistics Group has 26.36M shares outstanding. The number of shares has increased by 0.83% in one year.
| Shares Outstanding | 26.36M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | 0.07% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 7.83M |
| Failed to Deliver (FTD) Shares | 134 |
| FTD / Avg. Volume | 0.12% |
Short Selling Information
The latest short interest is 94.41K, so 0.72% of the outstanding shares have been sold short.
| Short Interest | 94.41K |
| Short % of Shares Out | 0.72% |
| Short % of Float | 1.21% |
| Short Ratio (days to cover) | 1.19 |
Valuation Ratios
The PE ratio is 5.44 and the forward PE ratio is 12.53. Covenant Logistics Group 's PEG ratio is 0.15.
| PE Ratio | 5.44 |
| Forward PE | 12.53 |
| PS Ratio | 0.27 |
| Forward PS | 0.6 |
| PB Ratio | 0.74 |
| P/FCF Ratio | -2.26 |
| PEG Ratio | 0.15 |
Enterprise Valuation
Covenant Logistics Group Inc. has an Enterprise Value (EV) of 891.90M.
| EV / Earnings | 16.15 |
| EV / Sales | 0.81 |
| EV / EBITDA | 7.68 |
| EV / EBIT | 15.16 |
| EV / FCF | -6.72 |
Financial Position
The company has a current ratio of 1.09, with a Debt / Equity ratio of 0.73.
| Current Ratio | 1.09 |
| Quick Ratio | 1.06 |
| Debt / Equity | 0.73 |
| Total Debt / Capitalization | 42.11 |
| Cash Flow / Debt | 0.29 |
| Interest Coverage | 7.38 |
Financial Efficiency
Return on equity (ROE) is 0.14% and return on capital (ROIC) is 6.38%.
| Return on Equity (ROE) | 0.14% |
| Return on Assets (ROA) | 0.06% |
| Return on Capital (ROIC) | 6.38% |
| Revenue Per Employee | 380.54K |
| Profits Per Employee | 19.04K |
| Employee Count | 2.90K |
| Asset Turnover | 1.16 |
| Inventory Turnover | 193.76 |
Taxes
| Income Tax | 17.61M |
| Effective Tax Rate | 0.24 |
Stock Price Statistics
The stock price has increased by 18.93% in the last 52 weeks. The beta is 1.35, so Covenant Logistics Group 's price volatility has been higher than the market average.
| Beta | 1.35 |
| 52-Week Price Change | 18.93% |
| 50-Day Moving Average | 28.1 |
| 200-Day Moving Average | 25.6 |
| Relative Strength Index (RSI) | 47.08 |
| Average Volume (20 Days) | 110.52K |
Income Statement
In the last 12 months, Covenant Logistics Group had revenue of 1.10B and earned 55.23M in profits. Earnings per share was 4.23.
| Revenue | 1.10B |
| Gross Profit | 164.20M |
| Operating Income | 58.82M |
| Net Income | 55.23M |
| EBITDA | 116.18M |
| EBIT | 58.82M |
| Earnings Per Share (EPS) | 4.23 |
Balance Sheet
The company has 2.29M in cash and 293.46M in debt, giving a net cash position of -291.17M.
| Cash & Cash Equivalents | 2.29M |
| Total Debt | 293.46M |
| Net Cash | -291.17M |
| Retained Earnings | 378.92M |
| Total Assets | 1.01B |
| Working Capital | 20.10M |
Cash Flow
In the last 12 months, operating cash flow was 84.84M and capital expenditures -217.61M, giving a free cash flow of -132.77M.
| Operating Cash Flow | 84.84M |
| Capital Expenditures | -217.61M |
| Free Cash Flow | -132.77M |
| FCF Per Share | -10.18 |
Margins
Gross margin is 14.88%, with operating and profit margins of 5.33% and 5%.
| Gross Margin | 14.88% |
| Operating Margin | 5.33% |
| Pretax Margin | 6.55% |
| Profit Margin | 5% |
| EBITDA Margin | 10.53% |
| EBIT Margin | 5.33% |
| FCF Margin | -12.03% |
Dividends & Yields
CVLG pays an annual dividend of $0.44, which amounts to a dividend yield of 1.65%.
| Dividend Per Share | $0.44 |
| Dividend Yield | 1.65% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 29.73% |
| Earnings Yield | 15.55% |
| FCF Yield | -18.51% |
Analyst Forecast
The average price target for CVLG is $34.75, which is 27.8% higher than the current price. The consensus rating is "Buy".
| Price Target | $34.75 |
| Price Target Difference | 27.8% |
| Analyst Consensus | Buy |
| Analyst Count | 2 |
Stock Splits
The last stock split was on Jan 2, 2025. It was a forward split with a ratio of 2:1.
| Last Split Date | Jan 2, 2025 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 2.67 |
| Piotroski F-Score | 5 |