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CVLG 
Covenant Logistics Group, Inc. (CVLG)
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Upturn Advisory Summary
02/25/2026: 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
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $31.67
1 Year Target Price $31.67
| 3 | Strong Buy |
| 0 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 705.33M USD | Price to earnings Ratio 176 | 1Y Target Price 31.67 |
Price to earnings Ratio 176 | 1Y Target Price 31.67 | ||
Volume (30-day avg) 4 | Beta 1.2 | 52 Weeks Range 17.30 - 30.38 | Updated Date 02/25/2026 |
52 Weeks Range 17.30 - 30.38 | Updated Date 02/25/2026 | ||
Dividends yield (FY) 1.00% | Basic EPS (TTM) 0.16 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 0.62% | Operating Margin (TTM) -4.49% |
Management Effectiveness
Return on Assets (TTM) 2.75% | Return on Equity (TTM) 1.02% |
Valuation
Trailing PE 176 | Forward PE 8.75 | Enterprise Value 1011748532 | Price to Sales(TTM) 0.61 |
Enterprise Value 1011748532 | Price to Sales(TTM) 0.61 | ||
Enterprise Value to Revenue 0.87 | Enterprise Value to EBITDA 57.34 | Shares Outstanding 20347178 | Shares Floating 11072606 |
Shares Outstanding 20347178 | Shares Floating 11072606 | ||
Percent Insiders 26.66 | Percent Institutions 69.05 |
Upturn AI SWOT
Covenant Logistics Group, Inc.
Company Overview
History and Background
Covenant Logistics Group, Inc. (NASDAQ: CVLG) was founded in 1986. It has grown from a single truck to a diversified logistics company. Key milestones include its IPO in 2006, expansion into various transportation and logistics services, and strategic acquisitions to broaden its capabilities and geographic reach.
Core Business Areas
- Managed Transportation: Provides third-party logistics (3PL) services, including freight brokerage, transportation management, and supply chain consulting.
- Dedicated Services: Offers dedicated truckload transportation solutions for businesses requiring consistent and specialized freight movement.
- Expedited Services: Provides time-sensitive, expedited freight solutions for urgent delivery needs.
- Warehouse and Distribution: Offers warehousing, cross-docking, and distribution services to support supply chain operations.
Leadership and Structure
Covenant Logistics Group, Inc. is led by a seasoned executive team, including a CEO, CFO, and various VPs overseeing different operational segments. The company is structured to manage its diverse service offerings and geographic footprint effectively.
Top Products and Market Share
Key Offerings
- Managed Transportation Services: A comprehensive suite of 3PL services including freight management, network optimization, and strategic sourcing. Market share data is not publicly disclosed for specific service lines, but the company competes with major 3PL providers like XPO Logistics (XPO), C.H. Robinson Worldwide (CHRW), and Ryder System (R). Revenue from this segment is a significant portion of overall company revenue.
- Dedicated Contract Carriage: Specialized truckload services for clients needing dedicated fleets. Competitors include JB Hunt Transport Services (JBHT), Knight-Swift Transportation Holdings (KNX), and Schneider National (SNDR). This segment contributes substantially to revenue.
- Expedited Freight Solutions: Time-critical transportation services. Competitors include FedEx (FDX) and UPS (UPS) for certain expedited segments, as well as specialized expedited carriers.
Market Dynamics
Industry Overview
The logistics and transportation industry is highly competitive and influenced by economic conditions, fuel prices, driver availability, and technological advancements. The demand for 3PL services is growing as companies seek to optimize their supply chains and reduce costs.
Positioning
Covenant Logistics Group, Inc. is positioned as a diversified logistics provider offering a range of services from managed transportation to dedicated fleet solutions. Its competitive advantages include its operational expertise, strong customer relationships, and ability to offer integrated solutions.
Total Addressable Market (TAM)
The global logistics market is valued in the trillions of dollars. Covenant Logistics Group, Inc. operates within specific segments of this market, focusing on North America. The company aims to capture an increasing share of its addressable market through organic growth and strategic expansion.
Upturn SWOT Analysis
Strengths
- Diversified service offerings across transportation and logistics.
- Strong customer relationships and retention.
- Experienced management team.
- Scalable business model.
- Focus on technology adoption for efficiency.
Weaknesses
- Vulnerability to economic downturns affecting freight volumes.
- Reliance on third-party carriers in certain segments.
- Potential for increased operating costs due to fuel price volatility and driver shortages.
- Limited brand recognition compared to larger industry players.
Opportunities
- Growing demand for integrated 3PL solutions.
- Expansion into new geographic markets and service verticals.
- Leveraging technology for improved efficiency and customer service.
- Strategic acquisitions to enhance capabilities.
- E-commerce growth driving increased demand for logistics services.
Threats
- Intense competition from established and emerging players.
- Regulatory changes impacting the transportation industry.
- Fluctuations in fuel prices and operating costs.
- Shortage of qualified drivers.
- Disruptions in the global supply chain.
Competitors and Market Share
Key Competitors
- XPO Logistics, Inc. (XPO)
- C.H. Robinson Worldwide, Inc. (CHRW)
- JB Hunt Transport Services, Inc. (JBHT)
- Schneider National, Inc. (SNDR)
Competitive Landscape
Covenant Logistics Group, Inc. competes in a fragmented market. Its advantages lie in its personalized service approach and integrated solutions, while larger competitors may benefit from greater economies of scale and broader network reach.
Major Acquisitions
Landstar System, Inc.
- Year: 2023
- Acquisition Price (USD millions):
- Strategic Rationale: This was an acquisition by Landstar, not Covenant. Covenant Logistics Group, Inc. has made its own strategic acquisitions, but specific recent details are not publicly available for this section.
Growth Trajectory and Initiatives
Historical Growth: Covenant Logistics Group, Inc. has demonstrated a consistent historical growth trajectory, driven by both organic expansion of its service offerings and strategic acquisitions.
Future Projections: Analyst estimates for future growth are generally positive, anticipating continued expansion in managed transportation and dedicated services, supported by strong market demand and the company's strategic initiatives.
Recent Initiatives: Recent initiatives have focused on technology investments to enhance operational efficiency, expanding service capabilities, and optimizing their network to better serve clients in an evolving logistics landscape.
Summary
Covenant Logistics Group, Inc. is a well-established diversified logistics provider with a strong track record of growth. Its core strength lies in its comprehensive service offerings and customer-centric approach. While facing intense competition and market volatility, the company is well-positioned to capitalize on the growing demand for 3PL services through strategic investments and operational efficiencies. Continued focus on technological integration and potential further strategic acquisitions will be key to its sustained success.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Covenant Logistics Group, Inc. Investor Relations
- SEC Filings (10-K, 10-Q)
- Financial News Outlets (e.g., Bloomberg, Reuters)
- Industry Research Reports
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It does not constitute investment advice. Financial data and market share estimates are subject to change and may not be entirely precise. Investors should conduct their own due diligence before making any investment decisions.
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 NYSE | 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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