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Upturn AI SWOT - About
CVLG 
Covenant Logistics Group, Inc. (CVLG)
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Upturn Advisory Summary
03/03/2025: CVLG (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Above Average Performance
These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.
Analysis of Past Performance
Type Stock | Historic Profit 71.68% | Avg. Invested days 54 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  4.0 |
| Profits based on simulation | Last Close 03/03/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 589.42M USD | Price to earnings Ratio 17.34 | 1Y Target Price 35.33 |
Price to earnings Ratio 17.34 | 1Y Target Price 35.33 | ||
Volume (30-day avg) 97640 | Beta 1.46 | 52 Weeks Range 21.73 - 61.31 | Updated Date 04/1/2025 |
52 Weeks Range 21.73 - 61.31 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 1.26% | Basic EPS (TTM) 1.28 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 3.18% | Operating Margin (TTM) 5.57% |
Management Effectiveness
Return on Assets (TTM) 4.03% | Return on Equity (TTM) 8.39% |
Valuation
Trailing PE 17.34 | Forward PE 9.35 | Enterprise Value 850688946 | Price to Sales(TTM) 0.52 |
Enterprise Value 850688946 | Price to Sales(TTM) 0.52 | ||
Enterprise Value to Revenue 0.75 | Enterprise Value to EBITDA 5.83 | Shares Outstanding 21850400 | Shares Floating 15698457 |
Shares Outstanding 21850400 | Shares Floating 15698457 | ||
Percent Insiders 26.07 | Percent Institutions 67.48 |
Analyst Ratings
Rating 4.5 | Target Price 35 | 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 by David R. Parker and builds on transportation services and fleet maintenance. It has expanded through organic growth and acquisitions to become a significant player in the transportation and logistics industry.
Core Business Areas
- Expedited: Provides time-sensitive transportation services, catering to customers requiring expedited delivery solutions.
- Dedicated: Offers customized transportation solutions tailored to meet the specific needs of individual customers, often involving dedicated equipment and personnel.
- Managed Freight: Manages transportation networks and provides freight brokerage services, leveraging technology and expertise to optimize supply chains.
- Warehousing: Provide freight loading, off-loading and temporary freight storage
Leadership and Structure
David R. Parker serves as Chairman, and M. Paul Bunn is the Chief Executive Officer. The company operates with a functional organizational structure across its various business segments.
Top Products and Market Share
Key Offerings
- Expedited Freight: Provides fast-transit freight services. Market share data is not readily available but competes with companies like XPO Logistics and TFI International. Revenue is difficult to isolate as it's integrated within the broader segments.
- Dedicated Contract Carriage: Offers customized dedicated fleet solutions to customers. Competition includes Ryder and Penske. Specific revenue figures are bundled within the Dedicated segment reporting.
- Freight Brokerage: Provides brokerage services connecting shippers with carriers. Competes with companies like C.H. Robinson and Echo Global Logistics. Revenue cannot be isolated due to segment reporting.
Market Dynamics
Industry Overview
The transportation and logistics industry is characterized by fluctuating fuel costs, increasing regulatory scrutiny, driver shortages, and technological advancements. Growth is driven by e-commerce and global trade.
Positioning
Covenant Logistics Group, Inc. is a mid-sized player focusing on expedited and dedicated freight. Its competitive advantage lies in its experienced workforce and dedicated solutions. The total addressable market is very fragmented.
Total Addressable Market (TAM)
The total addressable market for transportation and logistics in the U.S. is estimated to be in the hundreds of billions of dollars. Covenant captures a small portion of this TAM
Upturn SWOT Analysis
Strengths
- Strong presence in expedited freight
- Dedicated contract carriage expertise
- Experienced management team
- Strong customer relationships
Weaknesses
- Exposure to fluctuating fuel costs
- Dependence on driver availability
- Smaller market capitalization compared to larger competitors
- Highly competitive pricing pressures
Opportunities
- Expansion of freight brokerage services
- Increased adoption of technology for logistics optimization
- Growth in e-commerce-related transportation demand
- Strategic acquisitions to expand service offerings
Threats
- Economic downturn impacting freight demand
- Increased regulatory burdens
- Rising fuel prices
- Driver shortage impacting capacity and costs
Competitors and Market Share
Key Competitors
- XPO
- RYDER
- JBHT
Competitive Landscape
Covenant Logistics Group, Inc. competes with larger, more established players in the transportation and logistics industry. Its niche focus on expedited and dedicated freight allows it to differentiate itself. Covenant Logistics are at a significant disadvantage since the much smaller company compared to its peers.
Major Acquisitions
Landair Transport, Inc.
- Year: 2018
- Acquisition Price (USD millions): 80.5
- Strategic Rationale: Expanded Covenant's dedicated contract carriage and warehousing capabilities.
Growth Trajectory and Initiatives
Historical Growth: The company has experienced moderate growth through organic expansion and acquisitions.
Future Projections: Future growth is expected to be driven by increasing demand for expedited freight and dedicated transportation solutions. Analyst estimates are unavailable.
Recent Initiatives: Recent initiatives include investments in technology to enhance operational efficiency and expansion of service offerings through acquisitions.
Summary
Covenant Logistics Group, Inc. is a mid-sized transportation company focusing on expedited and dedicated freight. While it has strengths in these areas, it faces challenges related to fuel costs, driver availability, and competition. Strategic acquisitions and technological investments are key to its growth. The company must carefully manage its costs and capacity to remain competitive in a fluctuating market.
Similar Companies
- XPO
- RYDER
- JBHT
- ODFL
- SAIA
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Industry Reports
Disclaimers:
The information provided is for informational purposes only and should not be construed as financial advice. Market share data is based on estimates.
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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