Covenant Logistics Earnings Estimate
| CVLG Stock | USD 57.77 1.03 1.82% |
Covenant Logistics Revenue Breakdown by Earning Segment
By analyzing Covenant Logistics' earnings estimates, investors can diagnose different trends across Covenant Logistics' analyst sentiment over time as well as compare current estimates against different timeframes. At this time, Covenant Logistics' Gross Profit is most likely to increase significantly in the upcoming years. The Covenant Logistics' current Net Profit Margin is estimated to increase to 0.05, while Pretax Profit Margin is projected to decrease to 0.04.
Covenant |
Covenant Logistics Earnings per Share Projection vs Actual
About Covenant Logistics Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Covenant Logistics earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Covenant Logistics estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Covenant Logistics fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.| Last Reported | Projected for Next Year | ||
| Retained Earnings | 378.9 M | 397.9 M | |
| Retained Earnings Total Equity | 258.8 M | 215.3 M | |
| Earnings Yield | 0.09 | 0.10 | |
| Price Earnings Ratio | 10.88 | 11.92 | |
| Price Earnings To Growth Ratio | (0.26) | (0.25) |
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When determining whether Covenant Logistics Group, is a strong investment it is important to analyze Covenant Logistics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Covenant Logistics' future performance. For an informed investment choice regarding Covenant Stock, refer to the following important reports: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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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 (0.05) | Dividend Share 0.44 | Earnings Share 2.97 | Revenue Per Share 86.188 | Quarterly Revenue Growth (0) |
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.
Please note, there is a significant difference between Covenant Logistics' value and its price as these two are different measures arrived at by different 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.