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Covenant Logistics Group (CVLG) Competitors

$47.39
-0.01 (-0.02%)
(As of 05/28/2024 ET)

CVLG vs. PTSI, YRCW, YELLQ, HTLD, ULH, MRTN, WERN, OSG, SB, and PWFL

Should you be buying Covenant Logistics Group stock or one of its competitors? The main competitors of Covenant Logistics Group include P.A.M. Transportation Services (PTSI), YRC Worldwide (YRCW), Yellow (YELLQ), Heartland Express (HTLD), Universal Logistics (ULH), Marten Transport (MRTN), Werner Enterprises (WERN), Overseas Shipholding Group (OSG), Safe Bulkers (SB), and PowerFleet (PWFL). These companies are all part of the "transportation" sector.

Covenant Logistics Group vs.

P.A.M. Transportation Services (NASDAQ:PTSI) and Covenant Logistics Group (NASDAQ:CVLG) are both small-cap transportation companies, but which is the better stock? We will compare the two businesses based on the strength of their earnings, institutional ownership, community ranking, dividends, valuation, analyst recommendations, profitability, media sentiment and risk.

P.A.M. Transportation Services received 166 more outperform votes than Covenant Logistics Group when rated by MarketBeat users. Likewise, 60.40% of users gave P.A.M. Transportation Services an outperform vote while only 38.89% of users gave Covenant Logistics Group an outperform vote.

CompanyUnderperformOutperform
P.A.M. Transportation ServicesOutperform Votes
180
60.40%
Underperform Votes
118
39.60%
Covenant Logistics GroupOutperform Votes
14
38.89%
Underperform Votes
22
61.11%

Covenant Logistics Group has a net margin of 3.82% compared to Covenant Logistics Group's net margin of 1.75%. P.A.M. Transportation Services' return on equity of 14.16% beat Covenant Logistics Group's return on equity.

Company Net Margins Return on Equity Return on Assets
P.A.M. Transportation Services1.75% 4.29% 1.83%
Covenant Logistics Group 3.82%14.16%6.13%

P.A.M. Transportation Services presently has a consensus price target of $17.00, indicating a potential upside of 0.35%. Covenant Logistics Group has a consensus price target of $68.67, indicating a potential upside of 44.14%. Given P.A.M. Transportation Services' stronger consensus rating and higher possible upside, analysts plainly believe Covenant Logistics Group is more favorable than P.A.M. Transportation Services.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
P.A.M. Transportation Services
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Covenant Logistics Group
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
3.00

22.1% of P.A.M. Transportation Services shares are owned by institutional investors. Comparatively, 83.7% of Covenant Logistics Group shares are owned by institutional investors. 72.5% of P.A.M. Transportation Services shares are owned by insiders. Comparatively, 36.5% of Covenant Logistics Group shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

In the previous week, P.A.M. Transportation Services and P.A.M. Transportation Services both had 3 articles in the media. P.A.M. Transportation Services' average media sentiment score of 1.12 beat Covenant Logistics Group's score of 0.94 indicating that Covenant Logistics Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
P.A.M. Transportation Services
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Covenant Logistics Group
0 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

P.A.M. Transportation Services has a beta of 1.07, meaning that its share price is 7% more volatile than the S&P 500. Comparatively, Covenant Logistics Group has a beta of 1.41, meaning that its share price is 41% more volatile than the S&P 500.

Covenant Logistics Group has higher revenue and earnings than P.A.M. Transportation Services. Covenant Logistics Group is trading at a lower price-to-earnings ratio than P.A.M. Transportation Services, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
P.A.M. Transportation Services$810.81M0.44$18.42M$0.6126.56
Covenant Logistics Group$1.10B0.56$55.23M$3.1215.24

Summary

Covenant Logistics Group beats P.A.M. Transportation Services on 13 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CVLG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CVLG vs. The Competition

MetricCovenant Logistics GroupTrucking, except local IndustryTransportation SectorNASDAQ Exchange
Market Cap$621.35M$6.60B$10.09B$8.08B
Dividend Yield0.93%1.03%3.61%3.96%
P/E Ratio15.2422.4120.1815.01
Price / Sales0.561.4023.3272.77
Price / Cash4.869.408.5528.77
Price / Book1.542.982.104.39
Net Income$55.23M$258.86M$642.00M$213.15M
7 Day Performance2.66%1.62%-0.41%-0.80%
1 Month Performance5.88%-0.66%5.17%3.27%
1 Year Performance21.06%2.22%18.82%7.56%

Covenant Logistics Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PTSI
P.A.M. Transportation Services
1.1925 of 5 stars
$17.64
+0.5%
$17.00
-3.6%
-34.0%$388.61M$810.81M28.922,530Positive News
Gap Down
YRCW
YRC Worldwide
0 of 5 stars
$6.50
+4.8%
N/A+479.5%$346.33M$4.87B-3.4029,000Gap Down
YELLQ
Yellow
0 of 5 stars
$6.50
+4.8%
N/AN/A$338.85M$5.24B-4.1930,000News Coverage
HTLD
Heartland Express
2.7393 of 5 stars
$11.40
-0.1%
$13.25
+16.2%
-26.9%$901.17M$1.21B-67.066,320Positive News
ULH
Universal Logistics
1.0056 of 5 stars
$45.80
-3.7%
$46.00
+0.4%
+66.6%$1.21B$1.66B10.009,311Positive News
MRTN
Marten Transport
3.8458 of 5 stars
$17.75
-0.9%
$22.00
+23.9%
-18.4%$1.44B$1.13B25.004,213Positive News
WERN
Werner Enterprises
4.1204 of 5 stars
$36.26
-2.4%
$40.83
+12.6%
-16.9%$2.30B$3.28B27.689,929Analyst Downgrade
Short Interest ↑
OSG
Overseas Shipholding Group
1.6118 of 5 stars
$8.45
+0.4%
N/A+119.5%$608.29M$451.87M10.301,078Short Interest ↑
High Trading Volume
SB
Safe Bulkers
4.4656 of 5 stars
$5.54
-1.2%
$6.00
+8.3%
+61.7%$598.95M$217.64M8.159
PWFL
PowerFleet
4.767 of 5 stars
$5.50
+0.9%
$8.43
+53.2%
+70.0%$590.43M$133.59M-17.74795

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This page (NASDAQ:CVLG) was last updated on 5/28/2024 by MarketBeat.com Staff

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