Covenant Logistics Statistics
Share Statistics
Covenant Logistics has 26.56M
shares outstanding. The number of shares has increased by 1.23%
in one year.
| Shares Outstanding | 26.56M |
| Shares Change (YoY) | 1.23% |
| Shares Change (QoQ) | 0.72% |
| Owned by Institutions (%) | 55.04% |
| Shares Floating | n/a |
| Failed to Deliver (FTD) Shares | 21,990 |
| FTD / Avg. Volume | 16.74% |
Short Selling Information
The latest short interest is 124.95K, so 0.47% of the outstanding
shares have been sold short.
| Short Interest | 124.95K |
| Short % of Shares Out | 0.47% |
| Short % of Float | 0.86% |
| Short Ratio (days to cover) | 1 |
Valuation Ratios
The PE ratio is 19.96 and the forward
PE ratio is 4.02.
Covenant Logistics's PEG ratio is
-0.3.
| PE Ratio | 19.96 |
| Forward PE | 4.02 |
| PS Ratio | 0.63 |
| Forward PS | 0.5 |
| PB Ratio | 1.64 |
| P/FCF Ratio | -23.85 |
| PEG Ratio | -0.3 |
Financial Ratio HistoryEnterprise Valuation
Covenant Logistics has an Enterprise Value (EV) of 978.27M.
| EV / Sales | 0.86 |
| EV / EBITDA | 6.7 |
| EV / EBIT | 7.96 |
| EV / FCF | -32.53 |
Financial Position
The company has a current ratio of 1.63,
with a Debt / Equity ratio of 0.68.
| Current Ratio | 1.63 |
| Quick Ratio | 1.59 |
| Debt / Equity | 0.68 |
| Debt / EBITDA | 2.03 |
| Debt / FCF | -9.87 |
| Interest Coverage | 3.3 |
Financial Efficiency
Return on Equity is 8.19% and Return on Invested Capital is 3.66%.
| Return on Equity | 8.19% |
| Return on Assets | 3.6% |
| Return on Invested Capital | 3.66% |
| Revenue Per Employee | $364,992.26 |
| Profits Per Employee | $11,587.42 |
| Employee Count | 3,100 |
| Asset Turnover | 1.13 |
| Inventory Turnover | 166.75 |
Taxes
| Income Tax | 10.58M |
| Effective Tax Rate | 23.04% |
Stock Price Statistics
The stock price has increased by -7.26% in the
last 52 weeks. The beta is 1.53, so Covenant Logistics's
price volatility has been higher than the market average.
| Beta | 1.53 |
| 52-Week Price Change | -7.26% |
| 50-Day Moving Average | 21.2 |
| 200-Day Moving Average | 25.41 |
| Relative Strength Index (RSI) | 52.29 |
| Average Volume (20 Days) | 131,346 |
Income Statement
In the last 12 months, Covenant Logistics had revenue of 1.13B
and earned 35.92M
in profits. Earnings per share was 1.37.
| Revenue | 1.13B |
| Gross Profit | 189.65M |
| Operating Income | 44.76M |
| Net Income | 35.92M |
| EBITDA | 146M |
| EBIT | 59.47M |
| Earnings Per Share (EPS) | 1.37 |
Full Income StatementBalance Sheet
The company has 35.62M in cash and 296.89M in
debt, giving a net cash position of -261.27M.
| Cash & Cash Equivalents | 35.62M |
| Total Debt | 296.89M |
| Net Cash | -261.27M |
| Retained Earnings | 278.13M |
| Total Assets | 979.97M |
| Working Capital | 15.47M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was 122.89M
and capital expenditures -152.96M, giving a free cash flow of -30.07M.
| Operating Cash Flow | 122.89M |
| Capital Expenditures | -152.96M |
| Free Cash Flow | -30.07M |
| FCF Per Share | -1.14 |
Full Cash Flow StatementMargins
Gross margin is 16.76%, with operating and profit margins of 3.96% and 3.17%.
| Gross Margin | 16.76% |
| Operating Margin | 3.96% |
| Pretax Margin | 4.06% |
| Profit Margin | 3.17% |
| EBITDA Margin | 12.9% |
| EBIT Margin | 3.96% |
| FCF Margin | -2.66% |
Dividends & Yields
CVLG pays an annual dividend of $0.22,
which amounts to a dividend yield of 0.77%.
| Dividend Per Share | $0.22 |
| Dividend Yield | 0.77% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 15.94% |
| Earnings Yield | 5.01% |
| FCF Yield | -4.19% |
Dividend DetailsAnalyst Forecast
The average price target for CVLG is $35.25,
which is 60.4% higher than the current price. The consensus rating is "Buy".
| Price Target | $35.25 |
| Price Target Difference | 60.4% |
| Analyst Consensus | Buy |
| Analyst Count | 2 |
Stock ForecastsStock 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 | 2.45 |
| Piotroski F-Score | 7 |
