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CVLG | Covenant Logistics Group, Inc. Stock Overview

(Stock Exchange: NASDAQ)
Day's Range 27.64 - 28.25
52 Week Range 21.52 - 30.77
Beta 1.37
Implied Volatility 23.83%
IV Rank 53.77%
Day's Volume 88,548
Average Volume 105,211
Shares Outstanding 26,359,299
Market Cap 734,370,070
Sector Industrials
Industry Trucking
IPO Date 1994-10-28
Valuation
Profitability
Growth
Health
P/E Ratio 18.70
Forward P/E Ratio N/A
EPS 1.49
1YR Price Target N/A
Dividend Yield 0.80%
Dividend Per Share 0.22
Dividend ExDate N/A
Dividend PayDate N/A
Employees 2,900
Country USA
Website CVLG
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 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. The segment also provides shuttle and switching services 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. As of December 31, 2021, it operated 2,291 tractors and 5,331 trailers. 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.
CVLG's peers: ARCB, BEST, MRTN, WERN, ULH, SNDR, HTLD, PTSI, KNX, SAIA, TFII, YGMZ, RXO
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Analyzing fundamentals for CVLG we got that it has weak fundamentals where Valuation is considered to be fairly valued, Profitability is unacceptably poor, Growth is very good and Health is weak. For more detailed analysis please see CVLG Fundamentals page.

Watching at CVLG technicals we can see that long-term trend is bearish, the same as bearish middle-term trend, as well as bearish short-term trend. More technicals details can be found on CVLG Technicals page.
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