Financial Contrast: CovenantLogisticsGroupInc . (CVLG) vs. The Competition

CovenantLogisticsGroupInc . (NASDAQ: CVLG) is one of 19 public companies in the “Trucking, except local” industry, but how does it contrast to its peers? We will compare CovenantLogisticsGroupInc . to similar businesses based on the strength of its dividends, institutional ownership, analyst recommendations, valuation, earnings, risk and profitability.

Risk and Volatility

CovenantLogisticsGroupInc . has a beta of 1.55, suggesting that its share price is 55% more volatile than the S&P 500. Comparatively, CovenantLogisticsGroupInc .’s peers have a beta of 1.54, suggesting that their average share price is 54% more volatile than the S&P 500.

Profitability

This table compares CovenantLogisticsGroupInc . and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
CovenantLogisticsGroupInc . -3.09% -0.26% -0.10%
CovenantLogisticsGroupInc . Competitors 3.74% 9.79% 5.34%

Valuation and Earnings

This table compares CovenantLogisticsGroupInc . and its peers revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
CovenantLogisticsGroupInc . $894.53 million $8.48 million 30.92
CovenantLogisticsGroupInc . Competitors $2.74 billion $130.62 million 21.75

CovenantLogisticsGroupInc .’s peers have higher revenue and earnings than CovenantLogisticsGroupInc .. CovenantLogisticsGroupInc . is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Analyst Ratings

This is a summary of current ratings for CovenantLogisticsGroupInc . and its peers, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
CovenantLogisticsGroupInc . 0 0 1 0 3.00
CovenantLogisticsGroupInc . Competitors 392 1429 1203 77 2.31

CovenantLogisticsGroupInc . currently has a consensus price target of $26.00, indicating a potential upside of 37.86%. As a group, “Trucking, except local” companies have a potential downside of 10.55%. Given CovenantLogisticsGroupInc .’s stronger consensus rating and higher possible upside, analysts clearly believe CovenantLogisticsGroupInc . is more favorable than its peers.

Institutional and Insider Ownership

53.6% of CovenantLogisticsGroupInc . shares are owned by institutional investors. Comparatively, 54.1% of shares of all “Trucking, except local” companies are owned by institutional investors. 32.5% of CovenantLogisticsGroupInc . shares are owned by company insiders. Comparatively, 24.5% of shares of all “Trucking, except local” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Summary

CovenantLogisticsGroupInc . peers beat CovenantLogisticsGroupInc . on 8 of the 13 factors compared.

CovenantLogisticsGroupInc . Company Profile

Covenant Logistics Group, Inc. is a holding company, which engages in the provision of freight and logistics services. It operates through the following segments: Highway Services and Dedicated Contract Services. The Highway Services Segment includes two separate service offerings: Expedited Services (“”Expedited””) and Over-the-Road Services (“”OTR””), both of which transport one-way freight over nonroutine routes. The Dedicated Contract Services Segment provides similar transportation services, but does so pursuant to agreements whereby equipment available to a specific customer for shipments over particular routes at specified times. The company was founded by David Ray Parker in 1985 and is headquartered in Chattanooga, TN.

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