Covenant Logistics Group, Stock Analysis
| CVLG Stock | USD 22.91 0.04 0.17% |
Covenant Logistics Group, is undervalued with Real Value of 26.11 and Hype Value of 23.2. The main objective of Covenant Logistics stock analysis is to determine its intrinsic value, which is an estimate of what Covenant Logistics Group, is worth, separate from its market price. There are two main types of Covenant Logistics' stock analysis: fundamental analysis and technical analysis.
The Covenant Logistics stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Covenant Logistics' ongoing operational relationships across important fundamental and technical indicators.
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Covenant Stock Analysis Notes
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. Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee. Covenant Logistics operates under Trucking classification in the United States and is traded on NASDAQ Exchange. It employs 3000 people. For more info on Covenant Logistics Group, please contact John Tweed at 423 821 1212 or go to https://www.covenantlogistics.com.Covenant Logistics Group, Investment Alerts
| 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 |
Covenant Logistics Group, Upcoming and Recent Events
| 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 |
Covenant Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 601.37 M.Covenant Profitablity
The company has Profit Margin (PM) of 0.03 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.06 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.06.Technical Drivers
As of the 27th of March, Covenant Logistics shows the Standard Deviation of 6.71, risk adjusted performance of (0.12), and Mean Deviation of 2.44. 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 22.91 per share. Given that Covenant Logistics has information ratio of (0.16), 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 Group, Price Movement Analysis
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Covenant Logistics middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Covenant Logistics Group,. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Covenant Logistics Group, 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 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.
Covenant Logistics Predictive Daily 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 Forecast Models
Covenant Logistics' time-series forecasting models are one of many Covenant Logistics' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Covenant Logistics' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Covenant Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Covenant Logistics prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Covenant shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Covenant Logistics. By using and applying Covenant Stock analysis, traders can create a robust methodology for identifying Covenant entry and exit points for their positions.
Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee. Covenant Logistics operates under Trucking classification in the United States and is traded on NASDAQ Exchange. It employs 3000 people.
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When running Covenant Logistics' price analysis, check to measure Covenant Logistics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Covenant Logistics is operating at the current time. Most of Covenant Logistics' value examination focuses on studying past and present price action to predict the probability of Covenant Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Covenant Logistics' price. Additionally, you may evaluate how the addition of Covenant Logistics to your portfolios can decrease your overall portfolio volatility.
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