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Covenant Logistics Group (CVLG) Competitors

Covenant Logistics Group logo
$23.16 +0.23 (+1.00%)
Closing price 03/17/2025 03:59 PM Eastern
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$23.10 -0.07 (-0.28%)
As of 07:07 AM Eastern
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CVLG vs. ZIM, DKL, HAFN, ARCB, CMBT, TRMD, INSW, DHT, GEL, and DESP

Should you be buying Covenant Logistics Group stock or one of its competitors? The main competitors of Covenant Logistics Group include ZIM Integrated Shipping Services (ZIM), Delek Logistics Partners (DKL), Hafnia (HAFN), ArcBest (ARCB), Euronav (CMBT), TORM (TRMD), International Seaways (INSW), DHT (DHT), Genesis Energy (GEL), and Despegar.com (DESP). These companies are all part of the "transportation" industry.

Covenant Logistics Group vs.

Covenant Logistics Group (NASDAQ:CVLG) and ZIM Integrated Shipping Services (NYSE:ZIM) are both transportation companies, but which is the better business? We will contrast the two businesses based on the strength of their institutional ownership, profitability, community ranking, earnings, analyst recommendations, valuation, risk, media sentiment and dividends.

In the previous week, ZIM Integrated Shipping Services had 20 more articles in the media than Covenant Logistics Group. MarketBeat recorded 22 mentions for ZIM Integrated Shipping Services and 2 mentions for Covenant Logistics Group. ZIM Integrated Shipping Services' average media sentiment score of 0.62 beat Covenant Logistics Group's score of -0.20 indicating that ZIM Integrated Shipping Services is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Covenant Logistics Group
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
ZIM Integrated Shipping Services
11 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

ZIM Integrated Shipping Services has a net margin of 19.26% compared to Covenant Logistics Group's net margin of 3.17%. ZIM Integrated Shipping Services' return on equity of 48.63% beat Covenant Logistics Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Covenant Logistics Group3.17% 13.04% 5.56%
ZIM Integrated Shipping Services 19.26%48.63%15.13%

ZIM Integrated Shipping Services received 20 more outperform votes than Covenant Logistics Group when rated by MarketBeat users. However, 43.59% of users gave Covenant Logistics Group an outperform vote while only 37.76% of users gave ZIM Integrated Shipping Services an outperform vote.

CompanyUnderperformOutperform
Covenant Logistics GroupOutperform Votes
17
43.59%
Underperform Votes
22
56.41%
ZIM Integrated Shipping ServicesOutperform Votes
37
37.76%
Underperform Votes
61
62.24%

Covenant Logistics Group has a beta of 1.45, meaning that its stock price is 45% more volatile than the S&P 500. Comparatively, ZIM Integrated Shipping Services has a beta of 1.7, meaning that its stock price is 70% more volatile than the S&P 500.

Covenant Logistics Group presently has a consensus target price of $35.25, indicating a potential upside of 52.20%. ZIM Integrated Shipping Services has a consensus target price of $13.54, indicating a potential downside of 26.23%. Given Covenant Logistics Group's stronger consensus rating and higher possible upside, research analysts plainly believe Covenant Logistics Group is more favorable than ZIM Integrated Shipping Services.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Covenant Logistics Group
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00
ZIM Integrated Shipping Services
5 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
1.57

83.7% of Covenant Logistics Group shares are held by institutional investors. Comparatively, 21.4% of ZIM Integrated Shipping Services shares are held by institutional investors. 36.5% of Covenant Logistics Group shares are held by company insiders. Comparatively, 1.3% of ZIM Integrated Shipping Services shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Covenant Logistics Group pays an annual dividend of $0.28 per share and has a dividend yield of 1.2%. ZIM Integrated Shipping Services pays an annual dividend of $1.16 per share and has a dividend yield of 6.3%. Covenant Logistics Group pays out 21.7% of its earnings in the form of a dividend. ZIM Integrated Shipping Services pays out 6.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. ZIM Integrated Shipping Services is clearly the better dividend stock, given its higher yield and lower payout ratio.

Covenant Logistics Group has higher earnings, but lower revenue than ZIM Integrated Shipping Services. ZIM Integrated Shipping Services is trading at a lower price-to-earnings ratio than Covenant Logistics Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Covenant Logistics Group$1.13B0.54$35.92M$1.2917.95
ZIM Integrated Shipping Services$8.43B0.26-$2.70B$17.831.03

Summary

ZIM Integrated Shipping Services beats Covenant Logistics Group on 12 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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$614.90M$5.99B$295.89B$8.14B
Dividend Yield1.22%1.27%4.22%4.10%
P/E Ratio17.8826.2913.2919.23
Price / Sales0.541.25218.0390.04
Price / Cash5.3510.0711.6934.64
Price / Book1.502.531.934.38
Net Income$35.92M$207.92M$548.50M$246.90M
7 Day Performance-1.65%-1.85%3.12%4.06%
1 Month Performance-14.63%-10.45%-6.32%-6.86%
1 Year Performance6.80%-22.69%-1.76%5.68%

Covenant Logistics Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CVLG
Covenant Logistics Group
4.3407 of 5 stars
$23.16
+1.0%
$35.25
+52.2%
+5.4%$614.90M$1.13B17.884,600
ZIM
ZIM Integrated Shipping Services
2.6786 of 5 stars
$20.63
-0.6%
$14.84
-28.1%
+94.2%$2.48B$7.47B1.734,778Earnings Report
Dividend Increase
Analyst Forecast
Gap Up
DKL
Delek Logistics Partners
0.544 of 5 stars
$40.51
-1.4%
$44.25
+9.2%
+7.8%$2.17B$940.64M14.362,020
HAFN
Hafnia
3.4593 of 5 stars
$4.03
-7.9%
$8.25
+105.0%
N/A$2.04B$2.87B2.375,040Short Interest ↑
Gap Up
ARCB
ArcBest
4.7259 of 5 stars
$74.19
-1.4%
$118.91
+60.3%
-41.0%$1.72B$4.18B10.1215,700
CMBT
Euronav
N/A$8.81
-2.6%
N/AN/A$1.71B$940.25M1.493,216
TRMD
TORM
3.9832 of 5 stars
$17.83
-6.5%
$40.00
+124.3%
-44.5%$1.68B$1.56B2.31440Gap Up
INSW
International Seaways
4.5624 of 5 stars
$33.70
-4.0%
$57.50
+70.6%
-33.7%$1.66B$951.61M3.262,698Positive News
DHT
DHT
3.8541 of 5 stars
$10.27
-4.5%
$12.68
+23.5%
-4.8%$1.66B$571.77M9.171,212
GEL
Genesis Energy
2.4972 of 5 stars
$13.28
+1.0%
$15.50
+16.8%
+36.7%$1.63B$2.97B-10.712,110Analyst Forecast
News Coverage
Positive News
Gap Up
DESP
Despegar.com
2.1483 of 5 stars
$19.21
-0.2%
$17.20
-10.4%
+69.7%$1.61B$720.99M0.004,500Short Interest ↑
News Coverage
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This page (NASDAQ:CVLG) was last updated on 3/18/2025 by MarketBeat.com Staff
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