Covenant Logistics Group Inc. (CVLG)
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 | 16.16M |
| Failed to Deliver (FTD) Shares | 189 |
| FTD / Avg. Volume | 0.17% |
Short Selling Information
The latest short interest is 125.22K, so 0.48% of the outstanding shares have been sold short.
| Short Interest | 125.22K |
| Short % of Shares Out | 0.48% |
| Short % of Float | 0.87% |
| Short Ratio (days to cover) | 1 |
Valuation Ratios
The PE ratio is 19.96 and the forward PE ratio is 3.58. Covenant Logistics's PEG ratio is -0.3.
| PE Ratio | 19.96 |
| Forward PE | 3.58 |
| PS Ratio | 0.63 |
| Forward PS | 0.4 |
| PB Ratio | 4.77 |
| P/FCF Ratio | 5.83 |
| PEG Ratio | -0.3 |
Enterprise 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 | 7.96 |
Financial Position
The company has a current ratio of 1.63, with a Debt / Equity ratio of 1.97.
| Current Ratio | 1.63 |
| Quick Ratio | 1.59 |
| Debt / Equity | 1.97 |
| Debt / EBITDA | 2.03 |
| Debt / FCF | 2.42 |
| Interest Coverage | 3.3 |
Financial Efficiency
Return on Equity is 23.88% and Return on Invested Capital is 21.77%.
| Return on Equity | 23.88% |
| Return on Assets | 3.6% |
| Return on Invested Capital | 21.77% |
| Revenue Per Employee | $364.99K |
| Profits Per Employee | $11.59K |
| 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 -12.02% in the last 52 weeks. The beta is 1.37, so Covenant Logistics's price volatility has been higher than the market average.
| Beta | 1.37 |
| 52-Week Price Change | -12.02% |
| 50-Day Moving Average | 22.26 |
| 200-Day Moving Average | 25.81 |
| Relative Strength Index (RSI) | 46.22 |
| Average Volume (20 Days) | 110.09K |
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 |
Balance 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 | 0 |
| Total Assets | 997.77M |
| Working Capital | 38.34M |
Cash Flow
In the last 12 months, operating cash flow was 122.89M and capital expenditures 0, giving a free cash flow of 122.89M.
| Operating Cash Flow | 122.89M |
| Capital Expenditures | 0 |
| Free Cash Flow | 122.89M |
| FCF Per Share | 4.67 |
Margins
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 | 10.86% |
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 | 17.14% |
Analyst Forecast
The average price target for CVLG is $35.25, which is 77.3% higher than the current price. The consensus rating is "Buy".
| Price Target | $35.25 |
| Price Target Difference | 77.3% |
| 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 | 1.95 |
| Piotroski F-Score | 7 |