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Covenant Logistics Group Inc Class A CVLG

Morningstar Rating
$49.23 +0.18 (0.37%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

CVLG is trading at a 632% premium.
Price
$49.10
Fair Value
$34.22
Uncertainty
High
1-Star Price
$58.35
5-Star Price
$38.98
Economic Moat
Kfz
Capital Allocation
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News

Trading Information

Previous Close Price
$49.05
Day Range
$48.6849.53
52-Week Range
$38.2557.57
Bid/Ask
$46.32 / $52.60
Market Cap
$645.62 Mil
Volume/Avg
25,700 / 63,750

Key Statistics

Price/Earnings (Normalized)
12.01
Price/Sales
0.61
Dividend Yield (Trailing)
0.89%
Dividend Yield (Forward)
0.89%
Total Yield
1.61%

Company Profile

Covenant Logistics Group Inc together with its wholly-owned subsidiaries offers truckload transportation and freight brokerage services to customers throughout the continental United States. The company's reportable segments include Expedited, Dedicated Services, Managed Freight and Warehousing. Expedited segment provides truckload services to customers with high service freight and delivery standards. Dedicated segment provides customers with committed truckload capacity over contracted periods with the goal of three to five years in length. Managed Freight segment includes brokerage services and TMS. Warehousing segment provides day-to-day warehouse management services to customers who have chosen to outsource this function. Majority of revenue is generated from expedited segment.
Sector
Industrials
Industry
Trucking
Stock Style Box
Small Value
Total Number of Employees
4,600

Comparables

Valuation

Metric
CVLG
HTLD
KNX
Price/Earnings (Normalized)
12.01100.1745.06
Price/Book Value
1.591.121.15
Price/Sales
0.610.831.11
Price/Cash Flow
5.387.117.84
Price/Earnings
CVLG
HTLD
KNX

Financial Strength

Metric
CVLG
HTLD
KNX
Quick Ratio
0.881.070.70
Current Ratio
1.041.260.93
Interest Coverage
6.140.221.73
Quick Ratio
CVLG
HTLD
KNX

Profitability

Metric
CVLG
HTLD
KNX
Return on Assets (Normalized)
6.35%−2.45%1.48%
Return on Equity (Normalized)
14.38%−4.40%2.55%
Return on Invested Capital (Normalized)
10.04%−1.76%2.89%
Return on Assets
CVLG
HTLD
KNX
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