Covenant Logistics Group, Inc.

Covenant Logistics Group, Inc.verified

CVLG

Price:

$56.04

Market Cap:

$734.93M

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 partie...[Read more]

Industry

Trucking

IPO Date

1994-10-28

Stock Exchange

NASDAQ

Ticker

CVLG

The PE Ratio as of July 2024 (TTM) for Covenant Logistics Group, Inc. (CVLG) is 18.56

According to Covenant Logistics Group, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 18.56. This represents a change of 1.57% compared to the average of 18.27 of the last 4 quarters.

Covenant Logistics Group, Inc. (CVLG) Historical PE Ratio (quarterly & annually)

How has CVLG PE Ratio performed in the past?

The mean historical PE Ratio of Covenant Logistics Group, Inc. over the last ten years is 10.29. The current 18.56 PE Ratio has changed 17.94% with respect to the historical average. Over the past ten years (40 quarters), CVLG's PE Ratio was at its highest in in the March 2017 quarter at 182.56. The PE Ratio was at its lowest in in the September 2019 quarter at -23.68.

Quarterly (TTM)
Annual

Average

10.29

Median

8.88

Minimum

-18.21

Maximum

28.12

Covenant Logistics Group, Inc. (CVLG) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Covenant Logistics Group, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 239.41%

Maximum Annual PE Ratio = 28.12

Minimum Annual Increase = -164.75%

Minimum Annual PE Ratio = -18.21

Quarterly (TTM)
Annual
YearPE RatioChange
202310.88127.88%
20224.77-34.73%
20217.31-140.17%
2020-18.21-164.75%
201928.12239.41%
20188.28-12.54%
20179.47-54.65%
201620.89156.46%
20158.14-64.92%
201423.22-0.06%

Covenant Logistics Group, Inc. (CVLG) Average PE Ratio

How has CVLG PE Ratio performed in the past?

The current PE Ratio of Covenant Logistics Group, Inc. (CVLG) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

7.65

5-year avg

6.58

10-year avg

10.29

Covenant Logistics Group, Inc. (CVLG) PE Ratio vs. Peers

How is CVLG’s PE Ratio compared to its peers?

Covenant Logistics Group, Inc.’s PE Ratio is less than Marten Transport, Ltd. (34.79), less than Werner Enterprises, Inc. (29.63), greater than Universal Logistics Holdings, Inc. (8.88), less than Schneider National, Inc. (29.20), greater than Heartland Express, Inc. (-42.99), less than P.A.M. Transportation Services, Inc. (0), less than null (392.19),

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