Covenant Logistics Group, Stock Fundamentals
| CVLG Stock | USD 57.77 1.03 1.82% |
Covenant Logistics Group, fundamentals help investors to digest information that contributes to Covenant Logistics' financial success or failures. It also enables traders to predict the movement of Covenant Stock. The fundamental analysis module provides a way to measure Covenant Logistics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Covenant Logistics stock.
At this time, Covenant Logistics' Operating Income is most likely to increase significantly in the upcoming years. The Covenant Logistics' current EBIT is estimated to increase to about 48.5 M, while Interest Expense is projected to decrease to roughly 6.7 M. Covenant | Select Account or Indicator |
Covenant Logistics Group, Company Operating Margin Analysis
Covenant Logistics' Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Covenant Logistics Operating Margin | 0.06 % |
Most of Covenant Logistics' fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Covenant Logistics Group, is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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Covenant Pretax Profit Margin
Pretax Profit Margin |
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Based on the recorded statements, Covenant Logistics Group, has an Operating Margin of 0.0596%. This is 98.89% lower than that of the Ground Transportation sector and 99.54% lower than that of the Industrials industry. The operating margin for all United States stocks is 101.08% lower than that of the firm.
Covenant Logistics Group, Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Covenant Logistics's current stock value. Our valuation model uses many indicators to compare Covenant Logistics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Covenant Logistics competition to find correlations between indicators driving Covenant Logistics's intrinsic value. More Info.Covenant Logistics Group, is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers reporting about 0.41 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Covenant Logistics Group, is roughly 2.46 . At this time, Covenant Logistics' Return On Equity is most likely to increase slightly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Covenant Logistics by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Covenant Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Covenant Logistics' direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Covenant Logistics could also be used in its relative valuation, which is a method of valuing Covenant Logistics by comparing valuation metrics of similar companies.Covenant Logistics is currently under evaluation in operating margin category among its peers.
Covenant Logistics ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Covenant Logistics' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Covenant Logistics' managers, analysts, and investors.Environmental | Governance | Social |
Covenant Fundamentals
| Return On Equity | 0.1 | |||
| Return On Asset | 0.0407 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.06 % | |||
| Current Valuation | 1.03 B | |||
| Shares Outstanding | 10.83 M | |||
| Shares Owned By Insiders | 26.67 % | |||
| Shares Owned By Institutions | 66.30 % | |||
| Number Of Shares Shorted | 128.54 K | |||
| Price To Earning | 7.43 X | |||
| Price To Book | 1.73 X | |||
| Price To Sales | 0.67 X | |||
| Revenue | 1.1 B | |||
| Gross Profit | 238.11 M | |||
| EBITDA | 116.18 M | |||
| Net Income | 54.63 M | |||
| Cash And Equivalents | 4.46 M | |||
| Cash Per Share | 0.31 X | |||
| Total Debt | 293.46 M | |||
| Debt To Equity | 0.31 % | |||
| Current Ratio | 1.15 X | |||
| Book Value Per Share | 32.74 X | |||
| Cash Flow From Operations | 84.84 M | |||
| Short Ratio | 1.71 X | |||
| Earnings Per Share | 2.97 X | |||
| Price To Earnings To Growth | 1.24 X | |||
| Target Price | 70.0 | |||
| Number Of Employees | 2.9 K | |||
| Beta | 1.35 | |||
| Market Capitalization | 750.72 M | |||
| Total Asset | 1 B | |||
| Retained Earnings | 378.92 M | |||
| Working Capital | 15.65 M | |||
| Annual Yield | 0.01 % | |||
| Net Asset | 1 B | |||
| Last Dividend Paid | 0.44 |
About Covenant Logistics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Covenant Logistics Group,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Covenant Logistics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Covenant Logistics Group, based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 96.5 M | 101.3 M | |
| Total Revenue | 1.1 B | 711.6 M | |
| Cost Of Revenue | 989.5 M | 1 B | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Sales General And Administrative To Revenue | 0.09 | 0.09 | |
| Capex To Revenue | 0.20 | 0.19 | |
| Revenue Per Share | 84.58 | 88.81 | |
| Ebit Per Revenue | 0.05 | 0.04 |
Currently Active Assets on Macroaxis
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 Covenant Logistics Piotroski F Score and Covenant Logistics Altman Z Score analysis. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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.