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S&P 500   4,975.51
DOW   38,563.80
QQQ   427.32
Higher VIX just made Realty Income’s 6% dividend better
My wife was skeptical... until I showed her my account balance. (Ad)
Super Micro Computer: Overbought, undervalued or mispriced?
Booking stock is the discounted growth story in travel stocks
My wife was skeptical... until I showed her my account balance. (Ad)
3 E-VTOL stocks: Which ones can fly higher in 2024?
Capital One's bid for Discover carries expectation that Americans won't slow credit card use
AI Stock Caught Trading Under Secret Name (Ad)
Walmart’s uptrend is intact; buy it when it dips
XPeng stock just got a target boost, analysts say it could double
S&P 500   4,975.51
DOW   38,563.80
QQQ   427.32
Higher VIX just made Realty Income’s 6% dividend better
My wife was skeptical... until I showed her my account balance. (Ad)
Super Micro Computer: Overbought, undervalued or mispriced?
Booking stock is the discounted growth story in travel stocks
My wife was skeptical... until I showed her my account balance. (Ad)
3 E-VTOL stocks: Which ones can fly higher in 2024?
Capital One's bid for Discover carries expectation that Americans won't slow credit card use
AI Stock Caught Trading Under Secret Name (Ad)
Walmart’s uptrend is intact; buy it when it dips
XPeng stock just got a target boost, analysts say it could double
S&P 500   4,975.51
DOW   38,563.80
QQQ   427.32
Higher VIX just made Realty Income’s 6% dividend better
My wife was skeptical... until I showed her my account balance. (Ad)
Super Micro Computer: Overbought, undervalued or mispriced?
Booking stock is the discounted growth story in travel stocks
My wife was skeptical... until I showed her my account balance. (Ad)
3 E-VTOL stocks: Which ones can fly higher in 2024?
Capital One's bid for Discover carries expectation that Americans won't slow credit card use
AI Stock Caught Trading Under Secret Name (Ad)
Walmart’s uptrend is intact; buy it when it dips
XPeng stock just got a target boost, analysts say it could double

Covenant Logistics Group (CVLG) Competitors

$51.51
-1.94 (-3.63%)
(As of 02/20/2024 ET)

CVLG vs. ULH, PTSI, HTLD, YRCW, YELLQ, MRTN, WERN, VLRS, GOL, and ASC

Should you be buying Covenant Logistics Group stock or one of its competitors? The main competitors of Covenant Logistics Group include Universal Logistics (ULH), P.A.M. Transportation Services (PTSI), Heartland Express (HTLD), YRC Worldwide (YRCW), Yellow (YELLQ), Marten Transport (MRTN), Werner Enterprises (WERN), Controladora Vuela Compañía de Aviación (VLRS), Gol Linhas Aéreas Inteligentes (GOL), and Ardmore Shipping (ASC).

Covenant Logistics Group vs.

Universal Logistics (NASDAQ:ULH) and Covenant Logistics Group (NASDAQ:CVLG) are both small-cap industrials companies, but which is the superior investment? We will compare the two companies based on the strength of their community ranking, valuation, institutional ownership, dividends, earnings, profitability, media sentiment, analyst recommendations and risk.

In the previous week, Universal Logistics had 7 more articles in the media than Covenant Logistics Group. MarketBeat recorded 13 mentions for Universal Logistics and 6 mentions for Covenant Logistics Group. Universal Logistics' average media sentiment score of 1.30 beat Covenant Logistics Group's score of 0.41 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
Universal Logistics
2 Very Positive mention(s)
3 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Covenant Logistics Group
2 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Universal Logistics received 253 more outperform votes than Covenant Logistics Group when rated by MarketBeat users. Likewise, 59.73% of users gave Universal Logistics an outperform vote while only 38.89% of users gave Covenant Logistics Group an outperform vote.

CompanyUnderperformOutperform
Universal LogisticsOutperform Votes
267
59.73%
Underperform Votes
180
40.27%
Covenant Logistics GroupOutperform Votes
14
38.89%
Underperform Votes
22
61.11%

Universal Logistics currently has a consensus price target of $36.00, suggesting a potential upside of 11.63%. Covenant Logistics Group has a consensus price target of $68.67, suggesting a potential upside of 33.31%. Given Universal Logistics' higher possible upside, analysts clearly believe Covenant Logistics Group is more favorable than Universal Logistics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Universal Logistics
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
Covenant Logistics Group
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
3.00

Universal Logistics pays an annual dividend of $0.42 per share and has a dividend yield of 1.3%. Covenant Logistics Group pays an annual dividend of $0.44 per share and has a dividend yield of 0.9%. Universal Logistics pays out 11.9% of its earnings in the form of a dividend. Covenant Logistics Group pays out 10.9% 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. Covenant Logistics Group has increased its dividend for 1 consecutive years.

Universal Logistics has a net margin of 5.59% compared to Universal Logistics' net margin of 4.98%. Covenant Logistics Group's return on equity of 18.99% beat Universal Logistics' return on equity.

Company Net Margins Return on Equity Return on Assets
Universal Logistics5.59% 18.99% 7.47%
Covenant Logistics Group 4.98%15.06%6.82%

Universal Logistics has a beta of 1.07, indicating that its share price is 7% more volatile than the S&P 500. Comparatively, Covenant Logistics Group has a beta of 1.42, indicating that its share price is 42% more volatile than the S&P 500.

Universal Logistics has higher revenue and earnings than Covenant Logistics Group. Universal Logistics 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
Universal Logistics$1.66B0.51$92.90M$3.549.11
Covenant Logistics Group$1.10B0.60$55.23M$4.0312.78

24.7% of Universal Logistics shares are held by institutional investors. Comparatively, 56.5% of Covenant Logistics Group shares are held by institutional investors. 73.4% of Universal Logistics shares are held by insiders. Comparatively, 29.1% of Covenant Logistics Group shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Summary

Universal Logistics and Covenant Logistics Group tied by winning 10 of the 20 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 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$667.05M$8.53B$9.32B$7.33B
Dividend Yield0.82%0.88%4.20%3.85%
P/E Ratio12.7827.6316.7618.32
Price / Sales0.601.732.34166.22
Price / Cash4.8911.1013.4825.01
Price / Book1.853.634.694.59
Net Income$55.23M$271.62M$694.49M$207.01M
7 Day Performance-3.45%-2.76%0.23%1.42%
1 Month Performance9.55%3.17%2.92%5.34%
1 Year Performance50.97%10.02%5.48%4.62%

Covenant Logistics Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ULH
Universal Logistics
3.9558 of 5 stars
$32.25
-4.0%
$36.00
+11.6%
-1.2%$847.53M$1.66B9.118,646Dividend Announcement
Gap Down
PTSI
P.A.M. Transportation Services
0 of 5 stars
$18.86
-1.0%
N/A-35.9%$415.32M$810.81M22.723,395News Coverage
High Trading Volume
HTLD
Heartland Express
3.5362 of 5 stars
$12.47
-0.1%
$14.25
+14.3%
-25.9%$985.50M$1.21B69.286,500Gap Down
YRCW
YRC Worldwide
0 of 5 stars
$4.50
-3.8%
N/A+61.9%$239.76M$4.87B-2.3629,000Gap Down
YELLQ
Yellow
0 of 5 stars
$4.55
+1.1%
N/AN/A$237.19M$5.24B-2.9430,000Gap Down
MRTN
Marten Transport
4.5071 of 5 stars
$18.96
-1.2%
$26.00
+37.1%
-15.7%$1.54B$1.13B21.794,575Gap Down
WERN
Werner Enterprises
4.6564 of 5 stars
$39.89
-0.2%
$44.92
+12.6%
-15.3%$2.53B$3.28B22.6610,249Positive News
VLRS
Controladora Vuela Compañía de Aviación
2.3489 of 5 stars
$7.63
+1.5%
$15.03
+96.9%
-32.2%$669.84M$2.85B-11.747,364Upcoming Earnings
GOL
Gol Linhas Aéreas Inteligentes
1.576 of 5 stars
N/A$4.04
+∞
N/A$678.15M$2.94B38.7214,816
ASC
Ardmore Shipping
4.3904 of 5 stars
$16.02
-2.0%
$20.50
+28.0%
-11.0%$683.25M$395.98M5.8756Earnings Report
Dividend Increase

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This page (NASDAQ:CVLG) was last updated on 2/21/2024 by MarketBeat.com Staff