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Upturn AI Summary - About
Covenant Logistics Group, Inc.(CVLG)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for CVLG
09/25/2026: CVLG (3-star) is currently NOT-A-BUY. Pass it for now.
Covenant Logistics Group is a specialized transportation company providing expedited, dedicated, and managed logistics services to corporate clients. The stock offers a blend of asset-based and asset-light services, which helps it balance service quality with capital efficiency. Its main strength lies in its ability to manage high-complexity freight lanes where reliability is critical. While the company faces risks from economic cyclicality, driver shortages, and competition from larger industry players, its shift toward managed logistics provides a key growth opportunity. Covenant may suit value-oriented investors who monitor the freight cycle and management's ongoing execution of its capital-efficient business transformation.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Covenant offers potential growth through its managed logistics segment, though it remains tied to the cyclical nature of freight. |
| Momentum investor | Mixed fit | This style is conditional on a strong upturn in the freight cycle, which can cause significant price momentum in trucking stocks. |
| Value investor | Strong fit | The company's focus on capital efficiency and margin discipline often results in an attractive valuation relative to book value. |
| Dividend investor | Mixed fit | While a dividend exists, the primary focus is on capital reinvestment and debt management rather than high-yield income. |
| Low-risk investor | Weak fit | The trucking industry is inherently volatile, leading to stock price fluctuations that do not suit low-risk profiles. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Freight rates and fuel costs can shift rapidly, causing significant swings in share price. |
| Valuation risk | Medium | The stock is susceptible to re-rating based on perceived cyclical peaks or troughs in the industry. |
| Competition risk (freight and logistics) | High | Larger carriers have greater scale, putting downward pressure on pricing power. |
| Business quality | Medium | The company is transitioning toward a higher-quality model but still manages a significant asset base. |
| Dividend income | Low | Income is not the primary driver of shareholder returns for this stock. |
| Execution risk | Medium | Success depends on effectively managing the shift toward asset-light managed services. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type Stock | Historic Profit 88.11% | Avg. Invested days 62 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  5.0 | Stock Returns Performance  4.0 |
| Profits based on simulation | Last Close 09/25/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 841.53M USD | Price to earnings Ratio 663.2 | 1Y Target Price 51.75 |
Price to earnings Ratio 663.2 | 1Y Target Price 51.75 | ||
Volume (30-day avg) 213.2K shares | Beta 1.3 | 52 Weeks Range 17.83 - 49.78 | Updated Date 09/25/2026 |
52 Weeks Range 17.83 - 49.78 | Updated Date 09/25/2026 | ||
Dividends yield (FY) 0.82% | Basic EPS (TTM) 0.05 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Expedited | Time-sensitive truckload freight. | The company gets paid a premium for delivering goods very quickly. |
| Dedicated | Long-term contracts for specific lanes. | Stable, recurring revenue from long-term shipping agreements. |
| Managed Freight (3PL) | Freight brokerage and logistics management. | High-margin commissions for connecting shippers with carriers. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE 663.2 | Forward PE 14.22 | Enterprise Value 1.19B | Price to Sales(TTM) 0.68 |
Enterprise Value 1.19B | Price to Sales(TTM) 0.68 | ||
Enterprise Value to Revenue 0.96 | Enterprise Value to EBITDA 10.89 | Shares Outstanding 20.68M | Shares Floating 15.32M |
Shares Outstanding 20.68M | Shares Floating 15.32M | ||
Percent Insiders 25.97 | Percent Institutions 73.65 |
Upturn AI Summary
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.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Covenant Logistics Group, Inc.
Exchange NYSE | Headquarters Chattanooga, TN, United States | ||
IPO Launch date 1994-10-28 | Founder, CEO & Chairman Mr. David Ray Parker | ||
Sector Industrials | Industry Trucking | Full time employees 2900 | |
Full time employees 2900 | |||
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.
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