Is Covenant Logistics Stock a Good Investment?
Covenant Logistics Investment Advice | CVLG |
- Examine Covenant Logistics' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Covenant Logistics' leadership team and their track record. Good management can help Covenant Logistics navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Cargo Ground Transportation space and any emerging trends that could impact Covenant Logistics' business and its evolving consumer preferences.
- Compare Covenant Logistics' performance and market position to its competitors. Analyze how Covenant Logistics is positioned in terms of product offerings, innovation, and market share.
- Check if Covenant Logistics pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Covenant Logistics' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Covenant Logistics Group, stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Covenant Logistics Group, is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Covenant Logistics Stock
Researching Covenant Logistics' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 26.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.39. Some equities with similar Price to Book (P/B) outperform the market in the long run. Covenant Logistics Group, has Price/Earnings To Growth (PEG) ratio of 1.24. The entity last dividend was issued on the 7th of March 2025. The firm had 2:1 split on the 2nd of January 2025.
To determine if Covenant Logistics is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Covenant Logistics' research are outlined below:
| Covenant Logistics generated a negative expected return over the last 90 days | |
| Covenant Logistics has high historical volatility and very poor performance | |
| Covenant Logistics has a strong financial position based on the latest SEC filings | |
| About 68.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from thelincolnianonline.com: Pamt vs. Covenant Logistics Group Head to Head Review |
Covenant Logistics Quarterly Accounts Payable |
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Covenant Logistics uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Covenant Logistics Group,. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Covenant Logistics' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 25th of April 2024 Upcoming Quarterly Report | View | |
| 24th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 28th of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Covenant Logistics' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Covenant Logistics' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2020-05-19 | 2020-03-31 | -0.1 | -0.09 | 0.01 | 10 | ||
2017-07-25 | 2017-06-30 | 0.07 | 0.08 | 0.01 | 14 | ||
2017-04-20 | 2017-03-31 | 0.02 | 0.03 | 0.01 | 50 | ||
2011-01-26 | 2010-12-31 | 0.06 | 0.05 | -0.01 | 16 | ||
2003-04-22 | 2003-03-31 | 0.07 | 0.06 | -0.01 | 14 | ||
2002-01-29 | 2001-12-31 | 0.1 | 0.09 | -0.01 | 10 | ||
2001-10-17 | 2001-09-30 | 0.09 | 0.1 | 0.01 | 11 | ||
2001-07-18 | 2001-06-30 | 0.03 | 0.04 | 0.01 | 33 |
Know Covenant Logistics' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Covenant Logistics is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Covenant Logistics Group, backward and forwards among themselves. Covenant Logistics' institutional investor refers to the entity that pools money to purchase Covenant Logistics' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Lsv Asset Management | 2024-12-31 | 168.2 K | T. Rowe Price Investment Management,inc. | 2024-12-31 | 162.9 K | Royce & Associates, Lp | 2024-12-31 | 121.5 K | Hudson Bay Capital Management Lp | 2024-12-31 | 102.6 K | Jacobs Levy Equity Management, Inc. | 2024-12-31 | 99.6 K | Fmr Inc | 2024-12-31 | 97.4 K | Charles Schwab Investment Management Inc | 2024-12-31 | 88.8 K | Northern Trust Corp | 2024-12-31 | 87.1 K | Two Sigma Advisers, Llc | 2024-12-31 | 81.7 K | Blackrock Inc | 2024-12-31 | 1.1 M | Dimensional Fund Advisors, Inc. | 2024-12-31 | 763.7 K |
Covenant Logistics' market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 601.37 M.Market Cap |
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Covenant Logistics' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.04 | 0.02 | |
| Return On Capital Employed | 0.05 | 0.07 | |
| Return On Assets | 0.04 | 0.02 | |
| Return On Equity | 0.24 | 0.25 |
Determining Covenant Logistics' profitability involves analyzing its financial statements and using various financial metrics to determine if Covenant Logistics is a good buy. For example, gross profit margin measures Covenant Logistics' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Covenant Logistics' profitability and make more informed investment decisions.
Evaluate Covenant Logistics' management efficiency
Covenant Logistics Group, has return on total asset (ROA) of 0.0403 % which means that it generated a profit of $0.0403 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0839 %, meaning that it created $0.0839 on every $100 dollars invested by stockholders. Covenant Logistics' management efficiency ratios could be used to measure how well Covenant Logistics manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Covenant Logistics' Return On Capital Employed is most likely to slightly decrease in the upcoming years. The Covenant Logistics' current Return On Equity is estimated to increase to 0.25, while Return On Tangible Assets are projected to decrease to 0.02. At this time, Covenant Logistics' Intangibles To Total Assets are most likely to increase slightly in the upcoming years. The Covenant Logistics' current Asset Turnover is estimated to increase to 1.55, while Non Current Assets Total are projected to decrease to roughly 198.6 K.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 16.66 | 17.50 | |
| Tangible Book Value Per Share | 10.24 | 10.75 | |
| Enterprise Value Over EBITDA | 6.70 | 5.01 | |
| Price Book Value Ratio | 4.77 | 5.01 | |
| Enterprise Value Multiple | 6.70 | 5.01 | |
| Price Fair Value | 4.77 | 5.01 | |
| Enterprise Value | 253 M | 189.9 M |
The decision-making processes within Covenant Logistics are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Basic technical analysis of Covenant Stock
As of the 27th of March, Covenant Logistics shows the Standard Deviation of 6.46, mean deviation of 2.31, and Risk Adjusted Performance of (0.12). Covenant Logistics Group, technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Covenant Logistics Group, standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Covenant Logistics Group, is priced correctly, providing market reflects its regular price of 22.87 per share. Given that Covenant Logistics has information ratio of (0.15), we suggest you to validate Covenant Logistics Group,'s prevailing market performance to make sure the company can sustain itself at a future point.Covenant Logistics' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Covenant Logistics insiders, such as employees or executives, is commonly permitted as long as it does not rely on Covenant Logistics' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Covenant Logistics insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Covenant Logistics' Outstanding Corporate Bonds
Covenant Logistics issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Covenant Logistics Group, uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Covenant bonds can be classified according to their maturity, which is the date when Covenant Logistics Group, has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Understand Covenant Logistics' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Covenant Logistics' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.12) | |||
| Market Risk Adjusted Performance | (0.67) | |||
| Mean Deviation | 2.31 | |||
| Coefficient Of Variation | (650.46) | |||
| Standard Deviation | 6.46 | |||
| Variance | 41.8 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (1.00) | |||
| Total Risk Alpha | (0.99) | |||
| Treynor Ratio | (0.68) | |||
| Maximum Drawdown | 52.43 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 2.56 | |||
| Skewness | (7.17) | |||
| Kurtosis | 55.75 |
| Risk Adjusted Performance | (0.12) | |||
| Market Risk Adjusted Performance | (0.67) | |||
| Mean Deviation | 2.31 | |||
| Coefficient Of Variation | (650.46) | |||
| Standard Deviation | 6.46 | |||
| Variance | 41.8 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (1.00) | |||
| Total Risk Alpha | (0.99) | |||
| Treynor Ratio | (0.68) | |||
| Maximum Drawdown | 52.43 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 2.56 | |||
| Skewness | (7.17) | |||
| Kurtosis | 55.75 |
Consider Covenant Logistics' intraday indicators
Covenant Logistics intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Covenant Logistics stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Covenant Logistics Corporate Filings
10K | 28th of February 2025 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
F4 | 25th of February 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 14th of February 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 13th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
Covenant Stock media impact
Far too much social signal, news, headlines, and media speculation about Covenant Logistics that are available to investors today. That information is available publicly through Covenant media outlets and privately through word of mouth or via Covenant internal channels. However, regardless of the origin, that massive amount of Covenant data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Covenant Logistics news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Covenant Logistics relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Covenant Logistics' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Covenant Logistics alpha.
Covenant Logistics Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Covenant Logistics can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Covenant Logistics Group, Historical Investor Sentiment
Investor biases related to Covenant Logistics' public news can be used to forecast risks associated with an investment in Covenant. The trend in average sentiment can be used to explain how an investor holding Covenant can time the market purely based on public headlines and social activities around Covenant Logistics Group,. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Covenant Logistics' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Covenant Logistics and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Covenant Logistics news discussions. The higher the estimate score, the more favorable the investor's outlook on Covenant Logistics.
Covenant Logistics Corporate Management
| Brande Tweed | Senior Improvement | Profile | |
| Matisse Long | Chief Officer | Profile | |
| Tyson Wimberly | Senior Sales | Profile | |
| Samuel Hough | Executive Operations | Profile | |
| William Cartright | Senior Operations | Profile | |
| Lynn Doster | Executive Operations | Profile | |
| Troy Robertson | Senior Counsel | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Covenant Logistics Group,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Covenant Logistics. If investors know Covenant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Covenant Logistics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.45) | Dividend Share 0.22 | Earnings Share 1.29 | Revenue Per Share | Quarterly Revenue Growth 0.012 |
The market value of Covenant Logistics Group, is measured differently than its book value, which is the value of Covenant that is recorded on the company's balance sheet. Investors also form their own opinion of Covenant Logistics' value that differs from its market value or its book value, called intrinsic value, which is Covenant Logistics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Covenant Logistics' market value can be influenced by many factors that don't directly affect Covenant Logistics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Covenant Logistics' value and its price, as these two are different measures arrived at by various means. Investors typically determine if Covenant Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Covenant Logistics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.