Covenant Logistics Group Inc CVLG

$33.76 +0.68 (2.06%)

Valuation

Market cap
839,504,000
Revenue TTM
$1,164,470,000
Net income TTM
$7,240,000
PE ratio
22.60
Forward PE
20.20
Profit margin
0.62%
Debt to equity
0.70

Trading

Volume
106,600
Avg volume
221,258
Day's range
$33.58 – $34.21
Shares out
25,378,000
Stochastic %K
57%
Beta
1.39
Analysts
Strong Sell
Price target
$51.75

Price

Company profile

Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing. The Expedited segment primarily provides truckload services with high service freight and delivery standards, such as 1,000 miles in 22 hours or 15-minute delivery windows. The Dedicated segment p...

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Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing. The Expedited segment primarily provides truckload services with high service freight and delivery standards, such as 1,000 miles in 22 hours or 15-minute delivery windows. The Dedicated segment provides customers with committed truckload capacity over contracted periods with the goal of three to five years in length using equipment either owned or leased by the company. The Managed Freight segment offers brokerage services, including logistics capacity by outsourcing the carriage of customers' freight to third parties; and transport management services, such as logistics services on a contractual basis to customers who prefer to outsource their logistics needs. The Warehousing segment provides day-to-day warehouse management services to customers, as well as shuttle and switching services related to shuttling containers and trailers. The company also engages in used equipment sales and leasing business. It serves transportation companies, such as parcel freight forwarders, less-than-truckload carriers, and third-party logistics providers; and traditional truckload customers, including manufacturers, retailers, and food and beverage shippers. The company was formerly known as Covenant Transportation Group, Inc. and changed its name to Covenant Logistics Group, Inc. in May 2007. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee.

Industry
Trucking
Sector
Industrials
Phone
423 821 1212
Website
https://www.covenantlogistics.com
Address
400 Birmingham Highway, Chattanooga, United States

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