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Upturn AI SWOT - About
CVLG 
Covenant Logistics Group, Inc. (CVLG)
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Stock price based on last close (see disclosures)
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Upturn Advisory Summary
06/30/2025: CVLG (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
4 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $32
1 Year Target Price $32
| 3 | Strong Buy |
| 0 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 45.92% | Avg. Invested days 49 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  5.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 645.04M USD | Price to earnings Ratio 17.6 | 1Y Target Price 32 |
Price to earnings Ratio 17.6 | 1Y Target Price 32 | ||
Volume (30-day avg) 4 | Beta 1.45 | 52 Weeks Range 17.41 - 61.12 | Updated Date 06/30/2025 |
52 Weeks Range 17.41 - 61.12 | Updated Date 06/30/2025 | ||
Dividends yield (FY) 1.15% | Basic EPS (TTM) 1.38 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 3.43% | Operating Margin (TTM) 3.22% |
Management Effectiveness
Return on Assets (TTM) 3.8% | Return on Equity (TTM) 8.95% |
Valuation
Trailing PE 17.6 | Forward PE 13.89 | Enterprise Value 911975276 | Price to Sales(TTM) 0.57 |
Enterprise Value 911975276 | Price to Sales(TTM) 0.57 | ||
Enterprise Value to Revenue 0.81 | Enterprise Value to EBITDA 6.08 | Shares Outstanding 21855900 | Shares Floating 16146239 |
Shares Outstanding 21855900 | Shares Floating 16146239 | ||
Percent Insiders 26.23 | Percent Institutions 66.97 |
Analyst Ratings
Rating 2 | Target Price 32 | Buy - | Strong Buy 3 |
Buy - | Strong Buy 3 | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Covenant Logistics Group, Inc.
Company Overview
History and Background
Covenant Logistics Group, Inc. was founded in 1985. Initially focused on expedited long-haul trucking, it has grown through organic expansion and acquisitions, diversifying into warehousing, transportation management, and freight brokerage.
Core Business Areas
- Expedited Freight: Provides expedited, time-sensitive long-haul freight services.
- Managed Transportation: Offers transportation management solutions, including freight brokerage, dedicated fleet management, and warehousing.
- Freight Brokerage: Arranges for the transportation of freight by third-party carriers.
- Warehousing Services: Provide warehouse and distribution services, including inventory management, order fulfillment, and cross-docking.
Leadership and Structure
David R. Parker serves as Chairman, and Joey B. Hogan is the CEO. The company is structured with various operating segments under the Covenant umbrella, each led by their respective management teams.
Top Products and Market Share
Key Offerings
- Expedited Freight Services: Offers time-sensitive transportation solutions across North America. Exact market share data is difficult to pinpoint due to the fragmented nature of the industry. Competitors include JB Hunt (JBHT), XPO Logistics (XPO) and Knight-Swift (KNX).
- Dedicated Truckload: Offers contract-based transportation solutions with dedicated equipment and drivers. Exact market share data is not readily available. Competitors include Werner Enterprises (WERN), Marten Transport (MRTN), and Schneider National (SNDR).
- Freight Brokerage: Provides freight brokerage services, connecting shippers with carriers. Market share fluctuates based on market conditions. Competitors include C.H. Robinson (CHRW), Echo Global Logistics and TQL.
Market Dynamics
Industry Overview
The transportation industry is highly competitive and cyclical, influenced by economic conditions, fuel prices, regulations, and technological advancements. The industry is currently experiencing fluctuations due to inventory destocking and softened consumer demand.
Positioning
Covenant Logistics Group, Inc. positions itself as a provider of premium transportation and logistics solutions, focusing on quality service and specialized offerings. Competitive advantages include its experienced drivers, diversified service portfolio, and focus on safety.
Total Addressable Market (TAM)
The total addressable market for trucking and logistics in the US is estimated to be over $800 billion. Covenant Logistics Group, Inc. occupies a small fraction of this TAM, suggesting significant growth potential if they can increase market share and volume through capacity or strategic business partnerships.
Upturn SWOT Analysis
Strengths
- Diversified service offerings
- Experienced management team
- Strong safety record
- Dedicated driver base
- Established customer relationships
Weaknesses
- Exposure to economic cycles
- Dependence on driver availability
- Fuel price volatility
- High capital expenditures
- Reliance on acquisitions for growth
Opportunities
- Expanding e-commerce market
- Increasing demand for specialized transportation
- Technological advancements in logistics
- Consolidation in the industry
- Growth in cross-border trade
Threats
- Rising fuel costs
- Driver shortage
- Increased competition
- Government regulations
- Economic downturns
Competitors and Market Share
Key Competitors
- JBHT
- KNX
- WERN
- CHRW
Competitive Landscape
Covenant Logistics Group, Inc. competes with large, diversified transportation companies and smaller, specialized carriers. Its competitive advantages include its focus on quality service and its experienced driver base. Disadvantages include its smaller size and potential exposure to economic cycles.
Major Acquisitions
AAT Carriers
- Year: 2021
- Acquisition Price (USD millions): 26.5
- Strategic Rationale: Expansion of service offerings and increased market presence in the Southeast.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been driven by organic expansion and strategic acquisitions.
Future Projections: Future growth projections depend on market trends, economic conditions, and the company's strategic initiatives. Analyst estimates are recommended for accurate forecasts.
Recent Initiatives: Recent initiatives could include fleet modernization, technology investments, and expansion into new markets.
Summary
Covenant Logistics Group, Inc. shows a mix of strengths and weaknesses. The diversified services, and experienced management provide a solid foundation, but it is vulnerable to economic cycles and driver availability issues. Opportunities like e-commerce growth provide chances for expansion, but rising fuel costs and increased competition pose threats. Growth has been seen through acquisitions, but ongoing industry volatitlity is a hurdle. Recent acquisitions such as AAT carriers and expansion into warehouses strengthens it as a whole.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Industry Reports
- Analyst Estimates
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Market conditions and company performance are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Covenant Logistics Group, Inc.
Exchange NASDAQ | Headquaters Chattanooga, TN, United States | ||
IPO Launch date 1994-10-28 | Chairman of the Board & CEO Mr. David Ray Parker | ||
Sector Industrials | Industry Trucking | Full time employees 3100 | |
Full time employees 3100 | |||
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 July 2020. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee.
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