Shares Outstanding Shares Outstanding n/a Close	26.56M
Shares Change (YoY) Shares Change (YoY) n/a Close	1.23%
Shares Change (QoQ) Shares Change (QoQ) n/a Close	0.72%
Owned by Institutions (%) Owned by Institutions (%) n/a Close	55.12%
Shares Floating Shares Floating n/a Close	16.15M
Failed to Deliver (FTD) Shares Failed to Deliver (FTD) Shares n/a Close	117
FTD / Avg. Volume FTD / Avg. Volume n/a Close	0.08%

Short Selling Information

The latest short interest is 263.73K, so 0.99% of the outstanding shares have been sold short.

Short Interest Short Interest n/a Close	263.73K
Short % of Shares Out Short % of Shares Out n/a Close	0.99%
Short % of Float Short % of Float n/a Close	1.82%
Short Ratio (days to cover) Short Ratio (days to cover) n/a Close	1.73

Valuation Ratios

The PE ratio is 19.96 and the forward PE ratio is 4.14. Covenant Logistics's PEG ratio is -0.3.

PE Ratio PE Ratio n/a Close	19.96
Forward PE Forward PE n/a Close	4.14
PS Ratio PS Ratio n/a Close	0.63
Forward PS Forward PS n/a Close	0.5
PB Ratio PB Ratio n/a Close	1.64
P/FCF Ratio P/FCF Ratio n/a Close	-23.85
PEG Ratio PEG Ratio n/a Close	-0.3

Financial Ratio History

Enterprise Valuation

Covenant Logistics has an Enterprise Value (EV) of 978.27M.

EV / Sales EV / Sales n/a Close	0.86
EV / EBITDA EV / EBITDA n/a Close	6.7
EV / EBIT EV / EBIT n/a Close	7.96
EV / FCF EV / FCF n/a Close	-32.53

Financial Position

The company has a current ratio of 1.63, with a Debt / Equity ratio of 0.68.

Current Ratio Current Ratio n/a Close	1.63
Quick Ratio Quick Ratio n/a Close	1.59
Debt / Equity Debt / Equity n/a Close	0.68
Debt / EBITDA Debt / EBITDA n/a Close	2.03
Debt / FCF Debt / FCF n/a Close	-9.87
Interest Coverage Interest Coverage n/a Close	3.3

Financial Efficiency

Return on Equity is 8.19% and Return on Invested Capital is 3.66%.

Return on Equity Return on Equity n/a Close	8.19%
Return on Assets Return on Assets n/a Close	3.6%
Return on Invested Capital Return on Invested Capital n/a Close	3.66%
Revenue Per Employee Revenue Per Employee n/a Close	$364,992.26
Profits Per Employee Profits Per Employee n/a Close	$11,587.42
Employee Count Employee Count n/a Close	3,100
Asset Turnover Asset Turnover n/a Close	1.13
Inventory Turnover Inventory Turnover n/a Close	166.75

Taxes

Income Tax Income Tax n/a Close	10.58M
Effective Tax Rate Effective Tax Rate n/a Close	23.04%

Stock Price Statistics

The stock price has increased by -4.37% in the last 52 weeks. The beta is 1.45, so Covenant Logistics's price volatility has been higher than the market average.

Beta Beta n/a Close	1.45
52-Week Price Change 52-Week Price Change n/a Close	-4.37%
50-Day Moving Average 50-Day Moving Average n/a Close	21.26
200-Day Moving Average 200-Day Moving Average n/a Close	25.2
Relative Strength Index (RSI) Relative Strength Index (RSI) n/a Close	52.68
Average Volume (20 Days) Average Volume (20 Days) n/a Close	145,344

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 Revenue n/a Close	1.13B
Gross Profit Gross Profit n/a Close	189.65M
Operating Income Operating Income n/a Close	44.76M
Net Income Net Income n/a Close	35.92M
EBITDA EBITDA n/a Close	146M
EBIT EBIT n/a Close	59.47M
Earnings Per Share (EPS) Earnings Per Share (EPS) n/a Close	1.37

Full Income Statement

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 Cash & Cash Equivalents n/a Close	35.62M
Total Debt Total Debt n/a Close	296.89M
Net Cash Net Cash n/a Close	-261.27M
Retained Earnings Retained Earnings n/a Close	278.13M
Total Assets Total Assets n/a Close	979.97M
Working Capital Working Capital n/a Close	15.47M

Full Balance Sheet

Cash 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 Operating Cash Flow n/a Close	122.89M
Capital Expenditures Capital Expenditures n/a Close	-152.96M
Free Cash Flow Free Cash Flow n/a Close	-30.07M
FCF Per Share FCF Per Share n/a Close	-1.14

Full Cash Flow Statement

Margins

Gross margin is 16.76%, with operating and profit margins of 3.96% and 3.17%.

Gross Margin Gross Margin n/a Close	16.76%
Operating Margin Operating Margin n/a Close	3.96%
Pretax Margin Pretax Margin n/a Close	4.06%
Profit Margin Profit Margin n/a Close	3.17%
EBITDA Margin EBITDA Margin n/a Close	12.9%
EBIT Margin EBIT Margin n/a Close	3.96%
FCF Margin FCF Margin n/a Close	-2.66%

Dividends & Yields

CVLG pays an annual dividend of $0.23, which amounts to a dividend yield of 0.94%.

Dividend Per Share Dividend Per Share n/a Close	$0.23
Dividend Yield Dividend Yield n/a Close	0.94%
Dividend Growth (YoY) Dividend Growth (YoY) n/a Close	27.27%
Payout Ratio Payout Ratio n/a Close	16.67%
Earnings Yield Earnings Yield n/a Close	5.01%
FCF Yield FCF Yield n/a Close	-4.19%

Dividend Details

Analyst Forecast

The average price target for CVLG is $35.25, which is 54.9% higher than the current price. The consensus rating is "Buy".

Price Target Price Target n/a Close	$35.25
Price Target Difference Price Target Difference n/a Close	54.9%
Analyst Consensus Analyst Consensus n/a Close	Buy
Analyst Count Analyst Count n/a Close	2

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value Lynch Fair Value n/a Close	n/a
Lynch Upside Lynch Upside n/a Close	n/a
Graham Number Graham Number n/a Close	22.63
Graham Upside Graham Upside n/a Close	-0.57%

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 Last Split Date n/a Close	Jan 2, 2025
Split Type Split Type n/a Close	forward
Split Ratio Split Ratio n/a Close	2:1

Scores

Altman Z-Score Altman Z-Score n/a Close	2.45
Piotroski F-Score Piotroski F-Score n/a Close	7