Covenant Logistics Price To Sales Ratio Over Time
CVLG Stock | USD 59.36 1.59 2.75% |
With this module, investors can use any or all of fundamental ratio historical patterns as a complementary method for asset selection as well as a tool for deciding entry and exit points. Many technical investors use fundamentals to limit their universe of possible portfolio assets.
Check out Covenant Logistics Performance and Covenant Logistics Correlation. Covenant |
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.
Cross Equities Price To Sales Ratio Analysis
Compare Covenant Logistics Group, and related stocks such as Marten Transport, Werner Enterprises, and Universal Logistics Price To Sales Ratio Over Time
Select Fundamental2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
MRTN | 1.1363 | 0.6554 | 0.635 | 1.018 | 1.0839 | 0.8911 | 1.1285 | 1.5841 | 1.1218 | 1.3925 | 1.6262 | 1.4606 | 1.2785 | 1.507 | 1.58 |
WERN | 2.3354 | 0.8758 | 0.7794 | 0.8862 | 1.0489 | 0.8044 | 0.9681 | 1.3221 | 0.8466 | 1.0275 | 1.1411 | 1.1754 | 0.7847 | 0.8178 | 1.12 |
ULH | 0.9389 | 0.4045 | 0.5285 | 0.8875 | 0.7181 | 0.3636 | 0.433 | 0.5549 | 0.3513 | 0.352 | 0.3996 | 0.2899 | 0.4392 | 0.4431 | 0.57 |
SNDR | 0.9097 | 0.9097 | 0.9097 | 0.9097 | 0.8367 | 0.8328 | 0.815 | 1.1147 | 0.664 | 0.8141 | 0.8061 | 0.8521 | 0.6303 | 0.8206 | 0.91 |
HTLD | 2.8676 | 2.4236 | 2.057 | 2.8712 | 2.72 | 2.0103 | 2.7669 | 3.2012 | 2.4681 | 2.8915 | 2.283 | 2.2039 | 1.251 | 0.9331 | 0.89 |
Covenant Logistics Group, and related stocks such as Marten Transport, Werner Enterprises, and Universal Logistics Price To Sales Ratio description
Price to Sales Ratio is figured by comparing Covenant Logistics Group, stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Covenant Logistics sales, a figure that is much harder to manipulate than other Covenant Logistics Group, multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.My Equities
My Current Equities and Potential Positions
Covenant Logistics Group, | CVLG |
Specialization | Industrials, Transportation |
Location | Tennessee; U.S.A |
Exchange | NASDAQ Exchange |
USD 59.36
Check out Covenant Logistics Performance and Covenant Logistics Correlation. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Covenant Logistics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.