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Covenant Logistics Group (CVLG)

(Delayed Data from NSDQ)

$44.16 USD

44.16
91,171

-0.06 (-0.14%)

Updated Apr 24, 2024 04:00 PM ET

After-Market: $44.02 -0.14 (-0.32%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value B Growth B Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 4% (241 out of 251)

Industry: Transportation - Truck

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Balance Sheet

Research for CVLG

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Covenant Logistics Group, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 2 69 8 8 44
Receivables 154 128 161 109 182
Notes Receivable 0 0 0 0 0
Inventories 5 4 3 3 4
Other Current Assets 25 22 15 27 25
Total Current Assets 186 223 189 148 254
Net Property & Equipment 515 408 346 391 517
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 1 1 10 0
Deferred Charges 0 0 0 0 0
Intangibles 175 106 63 67 72
Deposits & Other Assets 78 59 52 61 38
Total Assets 954 797 652 677 882
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 33 34 30 32 26
Current Portion Long-Term Debt 48 19 6 9 55
Current Portion Capital Leases 1 5 7 6 7
Accrued Expenses 77 80 84 69 54
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 1 1 0
Total Current Liabilities 170 156 143 133 161
Mortgages 0 0 0 0 0
Deferred Taxes/Income 116 99 85 75 80
Convertible Debt 0 0 0 0 0
Long-Term Debt 197 90 20 48 200
Non-Current Capital Leases 5 0 4 11 26
Other Non-Current Liabilities 32 27 29 98 23
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 551 420 302 386 532
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 156 153 149 143 142
Retained Earnings 379 329 225 166 209
Other Equity 1 1 -1 -2 -1
Treasury Stock 132 107 24 17 0
Total Shareholder's Equity 403 377 350 291 350
Total Liabilities & Shareholder's Equity 954 797 652 677 882
Total Common Equity 403 377 350 291 350
Shares Outstanding 13.00 13.50 16.70 17.10 18.50
Book Value Per Share 31.03 27.94 20.94 17.00 18.92

Fiscal Year End for Covenant Logistics Group, Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 2 7 8 55
Receivables NA 154 159 147 126
Notes Receivable NA 0 0 0 0
Inventories NA 5 5 4 3
Other Current Assets NA 25 32 40 21
Total Current Assets NA 186 203 199 205
Net Property & Equipment NA 515 444 430 389
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 1 1
Deferred Charges NA 0 0 0 0
Intangibles NA 175 175 167 105
Deposits & Other Assets NA 78 70 73 65
Total Assets NA 954 892 871 765
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 33 34 34 28
Current Portion Long-Term Debt NA 48 32 29 21
Current Portion Capital Leases NA 1 1 2 2
Accrued Expenses NA 77 90 75 74
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities NA 170 171 154 139
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 116 103 100 97
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 197 154 163 96
Non-Current Capital Leases NA 5 6 3 0
Other Non-Current Liabilities NA 29 31 22
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 551 498 491 394
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 156 156 154 153
Retained Earnings NA 379 368 355 345
Other Equity NA 1 1 1 1
Treasury Stock NA 132 131 131 127
Total Shareholder's Equity NA 403 394 380 371
Total Liabilities & Shareholder's Equity NA 954 892 871 765
Total Common Equity 0 403 394 380 371
Shares Outstanding 13.00 13.00 12.90 18.40 13.00
Book Value Per Share 0.00 31.03 30.54 20.63 28.55