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Covenant Logistics Group (CVLG)

(Delayed Data from NSDQ)

$46.89 USD

46.89
50,899

-0.06 (-0.13%)

Updated May 10, 2024 04:00 PM ET

After-Market: $46.95 +0.06 (0.13%) 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 C 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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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 4% (240 out of 250)

Industry: Transportation - Truck

Better trading starts here.

Zacks News

Anindya Barman headshot

5 Value Stocks With Impressive EV-to-EBITDA Ratios to Scoop Up

We have screened value stocks CVLG, GPI, UFPI, PAGP and MPAA based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.

What's in the Cards for Covenant (CVLG) in Q2 Earnings?

The escalating fuel cost is likely to dent Covenant's (CVLG) second-quarter 2023 results.

Covenant Logistics (CVLG) Outpaces Stock Market Gains: What You Should Know

Covenant Logistics (CVLG) closed the most recent trading day at $44.67, moving +1.82% from the previous trading session.

Covenant Logistics (CVLG) Dips More Than Broader Markets: What You Should Know

Covenant Logistics (CVLG) closed the most recent trading day at $43.87, moving -0.79% from the previous trading session.

Are Transportation Stocks Lagging Covenant Logistics Group (CVLG) This Year?

Here is how Covenant Logistics (CVLG) and Danaos (DAC) have performed compared to their sector so far this year.

Why Fast-paced Mover Covenant Logistics (CVLG) Is a Great Choice for Value Investors

Covenant Logistics (CVLG) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Best Momentum Stocks to Buy for June 28th

JHX, MTH and CVLG made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 28, 2023.

New Strong Buy Stocks for June 28th

CVLG, RYI, BJRI, MTH and JHX have been added to the Zacks Rank #1 (Strong Buy) List on June 28, 2023.

Best Value Stocks to Buy for June 28th

CVLG, CNM and AFYA made it to the Zacks Rank #1 (Strong Buy) value stocks list on June 28, 2023.

New Strong Buy Stocks for June 26th

CVLG, BTVCY, MDWT, MATX and EXP have been added to the Zacks Rank #1 (Strong Buy) List on June 26, 2023.

Best Value Stocks to Buy for June 26th

CVLG, UFPI and MDWT made it to the Zacks Rank #1 (Strong Buy) value stocks list on June 26, 2023.

Best Momentum Stock to Buy for June 21st

LEN, CVLG and SUZ made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 21, 2023.

Best Value Stocks to Buy for May 21st

SUZ, WIRE and CVLG made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 21, 2023.

Despite Fast-paced Momentum, Covenant Logistics (CVLG) Is Still a Bargain Stock

Covenant Logistics (CVLG) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

New Strong Buy Stocks for June 21st

WIRE, BTVCY, CVLG, VBNK and CRBG have been added to the Zacks Rank #1 (Strong Buy) List on June 21, 2023.

Shaun Pruitt headshot

Bull of the Day: Covenant Logistics Group (CVLG)

After a record year with its freight revenue topping $1 billion in 2022, Covenant Logistics has expanded its portfolio of transportation and logistics services.

Covenant Logistics and Adam Resources & Energy have been highlighted as Zacks Bull and Bear of the Day

Covenant Logistics and Adam Resources & Energy are part of the Zacks Bull and Bear of the Day article.

Covenant Logistics (CVLG) Moves to Strong Buy: Rationale Behind the Upgrade

Covenant Logistics (CVLG) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Best Momentum Stocks to Buy for June 15th

TAST, CVLG and AMWD made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 15, 2023.

New Strong Buy Stocks for June 15th

AMWD, CVLG, IDCC, TAST and ATR have been added to the Zacks Rank #1 (Strong Buy) List on June 15, 2023.

Best Value Stocks to Buy for June 15th

CVLG, BRCDY and AMWD made it to the Zacks Rank #1 (Strong Buy) value stocks list on June 15, 2023.

Best Momentum Stocks to Buy for June 12th

TGS, CVLG and ACA made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 12, 2023.

Best Value Stocks to Buy for June 12th

CVLG, BRDCY and RYI made it to the Zacks Rank #1 (Strong Buy) value stocks list on June 12, 2023.

Covenant Logistics (CVLG) Q1 Earnings and Revenues Beat Estimates

Covenant Logistics (CVLG) delivered earnings and revenue surprises of 20.78% and 4.24%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Covenant Logistics (CVLG) Outpaces Stock Market Gains: What You Should Know

Covenant Logistics (CVLG) closed the most recent trading day at $35.42, moving +1.55% from the previous trading session.