Covenant Transportation Group Company Profile (NASDAQ:CVTI)

About Covenant Transportation Group

Covenant Transportation Group logoCovenant Transportation Group, Inc. is a truckload transportation company. The Company provides truckload transportation and brokerage services to customers throughout the continental United States, into and out of Mexico, and into and out of portions of Canada. It operates through the asset-based truckload services (Truckload) segment. The Truckload segment consists of three asset-based operating fleets: Covenant Transport, Inc. (Covenant Transport) that provides expedited long haul, dedicated, temperature-controlled, and regional solo-driver service; Southern Refrigerated Transport, Inc. (SRT), which provides long haul, regional, and intermodal temperature-controlled service, and Star Transportation, Inc. (Star) that provides regional solo-driver and services, primarily in the southeastern United States. In addition, its Covenant Transport Solutions, Inc. (Solutions) subsidiary has service offerings ancillary to its Truckload operations, including freight brokerage services.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Trucking
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: CVTI
  • CUSIP:
Key Metrics:
  • Previous Close: $18.70
  • 50 Day Moving Average: $19.96
  • 200 Day Moving Average: $20.91
  • 52-Week Range: $13.60 - $25.77
  • Trailing P/E Ratio: 11.84
  • Foreward P/E Ratio: 13.08
  • P/E Growth: 3.37
  • Market Cap: $340.23M
  • Outstanding Shares: 18,194,000
  • Beta: 0.94
Profitability:
  • Net Margins: 4.06%
  • Return on Equity: 13.75%
  • Return on Assets: 4.71%
Debt:
  • Debt-to-Equity Ratio: 0.79%
  • Current Ratio: 1.17%
  • Quick Ratio: 1.12%
Additional Links:
Companies Related to Covenant Transportation Group:

Analyst Ratings

Consensus Ratings for Covenant Transportation Group (NASDAQ:CVTI) (?)
Ratings Breakdown: 2 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $26.25 (40.37% upside)

Analysts' Ratings History for Covenant Transportation Group (NASDAQ:CVTI)
Show:
DateFirmActionRatingPrice TargetDetails
7/29/2016Cowen and CompanyLower Price TargetOutperform$30.00 -> $29.00View Rating Details
7/28/2016Stifel NicolausBoost Price TargetBuy$23.00 -> $24.00View Rating Details
6/22/2016BB&T Corp.DowngradeBuy -> HoldView Rating Details
3/14/2016Avondale PartnersDowngradeOutperform -> Market Perform$20.00View Rating Details
10/19/2015StephensLower Price TargetOverweight$35.00 -> $32.00View Rating Details
7/27/2015Wolfe ResearchUpgradeMarket PerformView Rating Details
(Data available from 9/27/2014 forward)

Earnings

Earnings History for Covenant Transportation Group (NASDAQ:CVTI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/14/2016        
7/27/2016Q2$0.19$0.20$156.62 million$158.80 millionViewN/AView Earnings Details
4/27/2016Q116$0.21$0.21$163.94 million$156.34 millionViewN/AView Earnings Details
1/25/2016Q4$0.67$0.73$186.85 million$208.10 millionViewListenView Earnings Details
10/16/2015Q315$0.41$0.42$173.50 millionViewListenView Earnings Details
7/22/2015Q2$0.47$0.60$184.73 million$175.45 millionViewListenView Earnings Details
4/23/2015Q1$0.28$0.30$170.44 million$167.20 millionViewN/AView Earnings Details
1/21/2015Q414$0.74$0.82$190.39 million$206.80 millionViewN/AView Earnings Details
10/21/2014Q114$0.30$0.12$176.90 million$177.60 millionViewN/AView Earnings Details
7/23/2014Q413$0.19$0.25$170.87 million$173.70 millionViewN/AView Earnings Details
4/29/2014($0.10)($0.09)$156.82 million$161.00 millionViewN/AView Earnings Details
1/27/2014Q313$0.11$0.22$169.92 million$176.50 millionViewN/AView Earnings Details
10/17/2013Q3 13$0.09$0.13$169.65 million$170.80 millionViewN/AView Earnings Details
7/24/2013Q2 2013$0.09$0.13$170.40 million$172.50 millionViewN/AView Earnings Details
4/24/2013Q1 2013($0.14)($0.13)$168.36 million$164.70 millionViewN/AView Earnings Details
1/30/2013Q4 2012$0.08$0.10$173.42 million$177.50 millionViewN/AView Earnings Details
10/30/2012Q312$0.05$0.07$166.77 million$133.00 millionViewN/AView Earnings Details
7/25/2012$0.05$0.29ViewN/AView Earnings Details
4/25/2012($0.15)($0.04)ViewN/AView Earnings Details
2/1/2012($0.07)($0.15)ViewN/AView Earnings Details
11/10/2011($0.09)($0.12)ViewN/AView Earnings Details
4/26/2011($0.15)($0.17)ViewN/AView Earnings Details
1/26/2011$0.06$0.05ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Covenant Transportation Group (NASDAQ:CVTI)
Current Year EPS Consensus Estimate: $1.18 EPS
Next Year EPS Consensus Estimate: $1.43 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.15$0.18$0.17
Q2 20161$0.31$0.31$0.31
Q3 20161$0.38$0.38$0.38
Q4 20161$0.50$0.50$0.50
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Covenant Transportation Group (NASDAQ:CVTI)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Covenant Transportation Group (NASDAQ:CVTI)
Insider Ownership Percentage: 35.40%
Institutional Ownership Percentage: 65.82%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/29/2016Richard B CribbsCFOSell2,500$21.94$54,850.00View SEC Filing  
8/24/2015Samuel F HoughCOOBuy1,000$21.20$21,200.00View SEC Filing  
6/4/2015Ralph H Lovin JrVPSell2,500$30.04$75,100.00View SEC Filing  
4/29/2015Joey B HoganCOOSell10,000$31.79$317,900.00View SEC Filing  
4/28/2015Clay SchollVPSell2,711$33.50$90,818.50View SEC Filing  
4/28/2015Robert E BosworthDirectorSell1,031$33.19$34,218.89View SEC Filing  
3/13/2015Ralph H Lovin JrVPSell5,944$36.60$217,550.40View SEC Filing  
2/10/2015David Ray ParkerCEOSell5,690$27.50$156,475.00View SEC Filing  
2/6/2015William Thomas AltDirectorSell2,500$27.97$69,925.00View SEC Filing  
2/5/2015Clay SchollVPSell3,729$29.06$108,364.74View SEC Filing  
2/5/2015Joey B HoganCOOSell2,285$28.98$66,219.30View SEC Filing  
2/5/2015Tony SmithInsiderSell22,076$17.35$383,018.60View SEC Filing  
1/14/2015William Thomas AltDirectorSell5,000$27.50$137,500.00View SEC Filing  
1/8/2015Ralph H Lovin JrVPSell15,000$27.98$419,700.00View SEC Filing  
1/7/2015William Thomas AltDirectorSell5,000$27.50$137,500.00View SEC Filing  
1/5/2015Ralph H Lovin JrVPSell5,000$27.92$139,600.00View SEC Filing  
12/29/2014William Thomas AltDirectorSell5,000$26.54$132,700.00View SEC Filing  
12/22/2014William Thomas AltDirectorSell5,000$26.66$133,300.00View SEC Filing  
9/4/2014Samuel F HoughCOOBuy1,000$12.96$12,960.00View SEC Filing  
8/22/2014Ralph H Lovin JrVPSell1,326$13.53$17,940.78View SEC Filing  
3/6/2014Ralph Lovin, Jr.VPSell1,409$11.55$16,273.95View SEC Filing  
3/3/2014Ralph Lovin, Jr.VPSell2,650$10.05$26,632.50View SEC Filing  
7/31/2013William Thomas AltDirectorSell3,080$6.43$19,804.40View SEC Filing  
5/30/2013Robert E BosworthDirectorBuy10,000$5.68$56,800.00View SEC Filing  
2/4/2013James F Brower JrInsiderSell10,000$5.79$57,900.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Covenant Transportation Group (NASDAQ:CVTI)
DateHeadline
News IconStock Down Over the Last Quarter: Covenant Transportation Group, Inc. (NASDAQ:CVTI) - Post News (NASDAQ:CVTI)
www.kentuckypostnews.com - September 18 at 9:10 AM
News IconEarnings Analysis & Update for Covenant Transportation Group, Inc. (NASDAQ:CVTI)? - Frisco Fastball (NASDAQ:CVTI)
friscofastball.com - September 17 at 4:25 PM
4-traders.com logoCovenant Transportation : Solutions names new head (NASDAQ:CVTI)
www.4-traders.com - September 17 at 9:16 AM
News IconAnalyst Consensus Estimates & Projections are in For Shares of Covenant Transportation Group, Inc. (NASDAQ:CVTI) - Frisco Fastball (NASDAQ:CVTI)
friscofastball.com - September 14 at 4:35 PM
News IconAnalyst Consensus Estimates & Projections are in For Shares of Covenant Transportation Group, Inc. (NASDAQ:CVTI) - Frisco Fastball (NASDAQ:CVTI)
friscofastball.com - September 14 at 4:35 PM
News IconSell-side Consensus Sees Covenant Transportation Group, Inc. (NASDAQ:CVTI) Going Where Near-Term? - Frisco Fastball (NASDAQ:CVTI)
friscofastball.com - September 14 at 8:10 AM
News IconCovenant Transportation Group, Inc. (NASDAQ:CVTI): How Are Analysts Advising to Play This Stock? - Post News (NASDAQ:CVTI)
www.kentuckypostnews.com - September 12 at 9:24 AM
News IconThe Sell-side Consensus is in on Covenant Transportation Group, Inc. (NASDAQ:CVTI); Earnings & Target Updates - National Daily Press (NASDAQ:CVTI)
www.nationaldailypress.com - September 9 at 9:21 AM
News IconPlacing Covenant Transportation Group, Inc. (NASDAQ:CVTI) Shares Under the Microscope - Post News (NASDAQ:CVTI)
www.kentuckypostnews.com - September 8 at 8:18 AM
globenewswire.com logoCovenant Transportation Group, Inc. Announces Participation in Cowen and Company 9th Annual Global ... - GlobeNewswire (press release) (NASDAQ:CVTI)
globenewswire.com - September 7 at 6:28 AM
finance.yahoo.com logoCovenant Transportation Group, Inc. Announces Participation in Cowen and Company 9th Annual Global Transportation Conference (NASDAQ:CVTI)
finance.yahoo.com - September 6 at 4:24 PM
realistinvestor.com logoCovenant Transportation Group, Inc. (NASDAQ:CVTI) Is Expected To Post EPS Of $0.33 - RealistInvestor.com (NASDAQ:CVTI)
www.realistinvestor.com - September 4 at 4:14 PM
News IconShares Holding Above Moving Averages: Covenant Transportation Group, Inc. (NASDAQ:CVTI) - Post News (NASDAQ:CVTI)
www.kentuckypostnews.com - August 25 at 4:34 PM
News IconSell-side & Crowd View on Covenant Transportation Group, Inc. (NASDAQ:CVTI) - Post News (NASDAQ:CVTI)
www.kentuckypostnews.com - August 24 at 4:29 PM
News IconShares Moving Lower Over the Past Month Covenant Transportation Group, Inc. (NASDAQ:CVTI) - Post News (NASDAQ:CVTI)
www.kentuckypostnews.com - August 18 at 9:47 PM
finance.yahoo.com logoCOVENANT TRANSPORTATION GROUP INC Financials (NASDAQ:CVTI)
finance.yahoo.com - August 18 at 4:34 PM
capitalcube.com logoETF’s with exposure to Covenant Transportation Group, Inc. : August 17, 2016 (NASDAQ:CVTI)
www.capitalcube.com - August 17 at 4:42 PM
News IconCrowd Sentiment & Wall Street Views on Covenant Transportation Group, Inc. (NASDAQ:CVTI)? - Post News (NASDAQ:CVTI)
www.kentuckypostnews.com - August 17 at 9:25 AM
capitalcube.com logoCovenant Transportation Group, Inc. breached its 50 day moving average in a Bearish Manner : CVTI-US : August 16, 2016 (NASDAQ:CVTI)
www.capitalcube.com - August 16 at 4:33 PM
capitalcube.com logoCovenant Transportation Group, Inc. :CVTI-US: Earnings Analysis: Q2, 2016 By the Numbers : August 12, 2016 (NASDAQ:CVTI)
www.capitalcube.com - August 12 at 4:30 PM
biz.yahoo.com logoCOVENANT TRANSPORTATION GROUP INC Files SEC form 10-Q, Quarterly Report (NASDAQ:CVTI)
biz.yahoo.com - August 10 at 8:14 AM
breakingfinancenews.com logoCovenant Transport (NYSE:CVTI) stock price target bumped down to $29 as recorded today by Cowen (NASDAQ:CVTI)
breakingfinancenews.com - July 30 at 9:55 AM
4-traders.com logoThursday Sector Leaders: Trucking, Computer Peripherals (NASDAQ:CVTI)
www.4-traders.com - July 28 at 5:31 PM
biz.yahoo.com logoCOVENANT TRANSPORTATION GROUP INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statem (NASDAQ:CVTI)
biz.yahoo.com - July 28 at 6:03 AM
4-traders.com logoCovenant Transportation : profits, sales drop but trucking firm still beats analyst forecasts (NASDAQ:CVTI)
www.4-traders.com - July 27 at 10:11 PM
sg.finance.yahoo.com logoCovenant Transportation posts 2Q profit (NASDAQ:CVTI)
sg.finance.yahoo.com - July 27 at 5:37 PM
globenewswire.com logoCovenant Transportation Group Announces Second Quarter Financial and Operating Results - GlobeNewswire (press release) (NASDAQ:CVTI)
globenewswire.com - July 27 at 4:35 PM
finance.yahoo.com logoCovenant Transportation Group Announces Second Quarter Financial and Operating Results (NASDAQ:CVTI)
finance.yahoo.com - July 27 at 4:01 PM
biz.yahoo.com logoQ2 2016 Covenant Transportation Group Inc Earnings Release - After Market Close (NASDAQ:CVTI)
biz.yahoo.com - July 27 at 7:07 AM
News IconTime to Buy Covenant Transportation Group, Inc. After Today's Huge Increase? - Consumer Eagle (NASDAQ:CVTI)
www.consumereagle.com - July 23 at 8:11 AM
News IconCovenant Transportation Group, Inc. (NASDAQ:CVTI): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NASDAQ:CVTI)
www.engelwooddaily.com - July 23 at 8:11 AM
finance.yahoo.com logoCovenant Transportation Group, Inc. Announces Timing of Second Quarter Earnings Release and Conference Call (NASDAQ:CVTI)
finance.yahoo.com - July 22 at 8:45 AM
News IconEarnings Focus and Crowd Sourced Sentiment Review for Covenant Transportation Group, Inc. (NASDAQ:CVTI) - TGP (NASDAQ:CVTI)
telanaganapress.com - July 20 at 10:01 AM
fiscalstandard.com logoCovenant Transportation Group, Inc. (NASDAQ:CVTI) Current Analyst Ratings - Fiscal Standard (NASDAQ:CVTI)
www.fiscalstandard.com - July 20 at 10:01 AM
capitalcube.com logoCovenant Transportation Group, Inc. breached its 50 day moving average in a Bearish Manner : CVTI-US : July 20, 2016 (NASDAQ:CVTI)
www.capitalcube.com - July 20 at 8:14 AM
ftsenews.co.uk logoCovenant Transportation Group, Inc. (NASDAQ:CVTI) Updated Price Targets - FTSE News (NASDAQ:CVTI)
www.ftsenews.co.uk - July 15 at 3:32 PM
News IconCovenant Transportation Group, Inc. (NASDAQ:CVTI) Earnings Concentration and Analyst Target Watch - Engelwood Daily (NASDAQ:CVTI)
www.engelwooddaily.com - July 15 at 3:32 PM
News IconAnalyst Target and Average Rating Watch: Covenant Transportation Group, Inc. (NASDAQ:CVTI) - Press Telegraph (NASDAQ:CVTI)
presstelegraph.com - July 15 at 9:05 AM
News IconCovenant Transportation Group, Inc. Stock Price Increases Today - Press Telegraph (NASDAQ:CVTI)
presstelegraph.com - July 14 at 7:29 AM
News IconCovenant Transportation Group, Inc. (NASDAQ:CVTI) Wall Street Analyst Recommendation Outlook - Telanagana Press (NASDAQ:CVTI)
telanaganapress.com - July 13 at 10:38 AM
News IconStock Rating Watch and Earnings Insight for Covenant Transportation Group, Inc. (NASDAQ:CVTI) - Press Telegraph (NASDAQ:CVTI)
presstelegraph.com - July 12 at 9:54 PM
News IconEarnings Watch: Universal Truckload Latest to Lower Expectations (NASDAQ:CVTI)
www.truckinginfo.com - July 8 at 9:32 PM
News IconHow Analysts Feel About Covenant Transportation Group, Inc. (NASDAQ:CVTI)? - Press Telegraph (NASDAQ:CVTI)
presstelegraph.com - July 8 at 10:18 AM
News IconFast Growth for Covenant Transportation Group, Inc. (NASDAQ:CVTI) - Telanagana Press (NASDAQ:CVTI)
telanaganapress.com - July 8 at 10:18 AM
News IconCan Covenant Transportation Group, Inc. (NASDAQ:CVTI) Improve on the Earnings Front? - Engelwood Daily (NASDAQ:CVTI)
www.engelwooddaily.com - July 8 at 10:18 AM
News IconCompany Stock Focus for Covenant Transportation Group, Inc. (NASDAQ:CVTI): Which Way Will Shares Head? - Press Telegraph (NASDAQ:CVTI)
presstelegraph.com - July 8 at 10:18 AM
News IconCovenant Transportation Group Class (NASDAQ:CVTI) Shorted Shares Increased By 6.2% - Press Telegraph (NASDAQ:CVTI)
presstelegraph.com - July 5 at 9:13 AM
finance.yahoo.com logoFalling Earnings Estimates Signal Weakness Ahead for Covenant Transportation Group (CVTI) (NASDAQ:CVTI)
finance.yahoo.com - July 5 at 8:49 AM
fiscalstandard.com logoBroker Outlook For The Week Ahead Covenant Transportation Group, Inc. (NASDAQ:CVTI) - Fiscal Standard (NASDAQ:CVTI)
www.fiscalstandard.com - July 4 at 4:17 PM
kcregister.com logoInvestors Watch List: Oracle Corporation (NYSE:ORCL), Covenant Transportation Group, Inc. (NASDAQ:CVTI), CVR ... - KC Register (NASDAQ:CVTI)
www.kcregister.com - July 1 at 9:37 PM

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Covenant Transportation Group (NASDAQ:CVTI) Chart for Tuesday, September, 27, 2016


Last Updated on 9/27/2016 by MarketBeat.com Staff