Covenant Transportation Group Company Profile (NASDAQ:CVTI)

About Covenant Transportation Group (NASDAQ:CVTI)

Covenant Transportation Group logoCovenant Transportation Group, Inc. is a provider of expedited long haul freight transportation, primarily using two-person driver teams in transcontinental lanes. The Company's services also include refrigerated, dedicated, cross-border, regional and brokerage. The Company's segments include Truckload and Other. The Truckload segment includes the operations of Covenant Transport, Inc. (Covenant Transport), its flagship operation, which provides expedited long haul, dedicated, temperature-controlled and regional solo-driver service; Southern Refrigerated Transport, Inc. (SRT), which provides primarily long haul, regional, dedicated and intermodal temperature-controlled service, and Star Transportation, Inc. (Star), which provides regional solo-driver and dedicated services, primarily in the southeastern United States. The Company provides truckload transportation services throughout the continental United States, into and out of Mexico, and into and out of portions of Canada.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Ground Freight & Logistics - NEC
  • Sub-Industry: N/A
  • Symbol: NASDAQ:CVTI
  • CUSIP: N/A
  • Web: www.ctgcompanies.com
Capitalization:
  • Market Cap: $309.35 million
  • Outstanding Shares: 18,272,000
Average Prices:
  • 50 Day Moving Avg: $17.86
  • 200 Day Moving Avg: $18.68
  • 52 Week Range: $14.26 - $23.51
P/E:
  • Trailing P/E Ratio: 25.04
  • Foreward P/E Ratio: 17.66
  • P/E Growth: 4.70
Sales & Book Value:
  • Annual Revenue: $673.05 million
  • Price / Sales: 0.46
  • Book Value: $12.88 per share
  • Price / Book: 1.32
Profitability:
  • EBIDTA: $99.02 million
  • Net Margins: 1.92%
  • Return on Equity: 5.65%
  • Return on Assets: 2.14%
Debt:
  • Debt-to-Equity Ratio: 0.76%
  • Current Ratio: 1.46%
  • Quick Ratio: 1.41%
Misc:
  • Average Volume: 93,781 shs.
  • Beta: 1.66
  • Short Ratio: 6.06
 
Frequently Asked Questions for Covenant Transportation Group (NASDAQ:CVTI)

What is Covenant Transportation Group's stock symbol?

Covenant Transportation Group trades on the NASDAQ under the ticker symbol "CVTI."

How were Covenant Transportation Group's earnings last quarter?

Covenant Transportation Group, Inc. (NASDAQ:CVTI) issued its quarterly earnings results on Thursday, April, 20th. The company reported $0.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.02 by $0.01. The firm had revenue of $158.70 million for the quarter, compared to analyst estimates of $154.90 million. Covenant Transportation Group had a return on equity of 5.65% and a net margin of 1.92%. The firm's quarterly revenue was up 1.5% on a year-over-year basis. During the same period last year, the company earned $0.21 EPS. View Covenant Transportation Group's Earnings History.

Where is Covenant Transportation Group's stock going? Where will Covenant Transportation Group's stock price be in 2017?

4 brokers have issued 12 month price objectives for Covenant Transportation Group's shares. Their predictions range from $20.00 to $22.00. On average, they expect Covenant Transportation Group's share price to reach $21.00 in the next year. View Analyst Ratings for Covenant Transportation Group.

Who are some of Covenant Transportation Group's key competitors?

Who are Covenant Transportation Group's key executives?

Covenant Transportation Group's management team includes the folowing people:

  • David R. Parker, Chairman of the Board, Chief Executive Officer
  • Joey B. Hogan, President
  • Richard B. Cribbs, Chief Financial Officer, Executive Vice President
  • James Heartfield, Chief Human Resource Officer, General Counsel
  • Ralph Harrison Lovin Jr., Executive Vice President, Corporate Secretary
  • James F. Brower Jr., Executive Vice President; Chief Operating Officer of Star Transportation, Inc.
  • Samuel F. Hough, Executive Vice President and Chief operating officer of CTI
  • Paul T. Newbourne, Executive Vice President; Chief Operating Officer of Solutions
  • M. Paul Bunn, Chief Accounting Officer, Treasurer
  • William Thomas Alt, Independent Director

Who owns Covenant Transportation Group stock?

Covenant Transportation Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include RE Advisers Corp (4.65%), Fisher Asset Management LLC (0.67%), Livingston Group Asset Management CO operating as Southport Capital Management (0.53%), Prescott Group Capital Management L.L.C. (0.22%) and Horrell Capital Management Inc. (0.15%). Company insiders that own Covenant Transportation Group stock include James F Brower Jr, Ralph H Lovin Jr, Richard B Cribbs and Samuel F Hough. View Institutional Ownership Trends for Covenant Transportation Group.

Who sold Covenant Transportation Group stock? Who is selling Covenant Transportation Group stock?

Covenant Transportation Group's stock was sold by a variety of institutional investors in the last quarter, including Prescott Group Capital Management L.L.C.. Company insiders that have sold Covenant Transportation Group stock in the last year include James F Brower Jr and Ralph H Lovin Jr. View Insider Buying and Selling for Covenant Transportation Group.

Who bought Covenant Transportation Group stock? Who is buying Covenant Transportation Group stock?

Covenant Transportation Group's stock was bought by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Horrell Capital Management Inc. and Livingston Group Asset Management CO operating as Southport Capital Management. View Insider Buying and Selling for Covenant Transportation Group.

How do I buy Covenant Transportation Group stock?

Shares of Covenant Transportation Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Covenant Transportation Group's stock price today?

One share of Covenant Transportation Group stock can currently be purchased for approximately $16.95.


MarketBeat Community Rating for Covenant Transportation Group (NASDAQ CVTI)
Community Ranking:  2.0 out of 5 ( )
Outperform Votes:  75 (Vote Outperform)
Underperform Votes:  111 (Vote Underperform)
Total Votes:  186
MarketBeat's community ratings are surveys of what our community members think about Covenant Transportation Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Covenant Transportation Group (NASDAQ:CVTI) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $21.00 (23.89% upside)

Analysts' Ratings History for Covenant Transportation Group (NASDAQ:CVTI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
1/5/2017Stifel NicolausDowngradeBuy -> Hold$24.00 -> $20.00N/AView Rating Details
1/4/2017StephensDowngradeOverweight -> Equal WeightN/AView Rating Details
12/16/2016Seaport Global SecuritiesReiterated RatingNeutralN/AView Rating Details
10/21/2016Cowen and CompanySet Price TargetOutperform$24.00 -> $22.00N/AView Rating Details
6/22/2016BB&T CorporationDowngradeBuy -> HoldN/AView Rating Details
3/14/2016Avondale PartnersDowngradeOutperform -> Market Perform$20.00N/AView Rating Details
7/27/2015Wolfe ResearchUpgradeMarket PerformN/AView Rating Details
(Data available from 7/22/2015 forward)

Earnings

Earnings History for Covenant Transportation Group (NASDAQ:CVTI)
Earnings by Quarter for Covenant Transportation Group (NASDAQ:CVTI)
Earnings History by Quarter for Covenant Transportation Group (NASDAQ CVTI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/20/2017Q1 2017$0.02$0.03$154.90 million$158.70 millionViewN/AView Earnings Details
1/25/2017Q4 2016$0.33$0.33$187.82 million$191.00 millionViewN/AView Earnings Details
10/19/2016Q3$0.14$0.16$164.50 million$164.50 millionViewN/AView Earnings Details
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$0.29$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$0.36$0.42$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
4/29/2014Q1 2014($0.08)($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)
2017 EPS Consensus Estimate: $0.62
2018 EPS Consensus Estimate: $0.79
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20171$0.07$0.07$0.07
Q3 20171$0.17$0.17$0.17
Q4 20171$0.38$0.38$0.38
Q1 20181$0.04$0.04$0.04
Q2 20181$0.12$0.12$0.12
Q3 20181$0.20$0.20$0.20
Q4 20181$0.43$0.43$0.43
(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 and Institutional Ownership History for Covenant Transportation Group (NASDAQ:CVTI)
Insider Ownership Percentage: 35.40%
Institutional Ownership Percentage: 63.06%
Insider Trades by Quarter for Covenant Transportation Group (NASDAQ:CVTI)
Institutional Ownership by Quarter for Covenant Transportation Group (NASDAQ:CVTI)
Insider Trades by Quarter for Covenant Transportation Group (NASDAQ:CVTI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/30/2017James F Brower JrCOOSell5,000$21.77$108,850.00View SEC Filing  
1/30/2017Ralph H Lovin JrVPSell3,000$21.76$65,280.00View SEC Filing  
12/5/2016Ralph H Lovin JrVPSell2,250$21.03$47,317.50View SEC Filing  
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

Headline Trends for Covenant Transportation Group (NASDAQ:CVTI)
Latest Headlines for Covenant Transportation Group (NASDAQ:CVTI)
Source:
DateHeadline
nasdaq.com logoCovenant Transportation Group, Inc. Announces Timing of Second Quarter Earnings Release and Conference Call
www.nasdaq.com - July 20 at 7:42 PM
finance.yahoo.com logoWhat Falling Estimates & Price Mean for Covenant Transportation (CVTI)
finance.yahoo.com - July 10 at 5:38 PM
finance.yahoo.com logoETFs with exposure to Covenant Transportation Group, Inc. : July 10, 2017
finance.yahoo.com - July 10 at 5:38 PM
americanbankingnews.com logoCovenant Transportation Group, Inc. (NASDAQ:CVTI) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - July 10 at 9:50 AM
americanbankingnews.com logo Analysts Expect Covenant Transportation Group, Inc. (NASDAQ:CVTI) Will Post Quarterly Sales of $159.60 Million
www.americanbankingnews.com - July 6 at 11:42 AM
americanbankingnews.com logo Brokerages Expect Covenant Transportation Group, Inc. (CVTI) to Post $0.08 EPS
www.americanbankingnews.com - July 4 at 1:16 PM
americanbankingnews.com logoSeaport Global Securities Research Analysts Decrease Earnings Estimates for Covenant Transportation Group, Inc. (CVTI)
www.americanbankingnews.com - June 29 at 9:00 AM
americanbankingnews.com logoReviewing Canadian Pacific Railway Limited (CP) & Covenant Transportation Group (CVTI)
www.americanbankingnews.com - June 29 at 8:10 AM
americanbankingnews.com logoCovenant Transportation Group, Inc. to Post Q2 2017 Earnings of $0.07 Per Share, Seaport Global Securities Forecasts (CVTI)
www.americanbankingnews.com - June 28 at 7:34 AM
americanbankingnews.com logoZacks Investment Research Upgrades Covenant Transportation Group, Inc. (CVTI) to Hold
www.americanbankingnews.com - June 27 at 5:50 PM
finance.yahoo.com logoETFs with exposure to Covenant Transportation Group, Inc. : June 27, 2017
finance.yahoo.com - June 27 at 4:53 PM
finance.yahoo.com logoCovenant Transportation Group, Inc. :CVTI-US: Earnings Analysis: Q1, 2017 By the Numbers : June 26, 2017
finance.yahoo.com - June 26 at 5:27 PM
americanbankingnews.com logoCovenant Transportation Group, Inc. (CVTI) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - June 13 at 11:14 AM
americanbankingnews.com logoComparing P.A.M. Transportation Services (PTSI) and Covenant Transportation Group (CVTI)
www.americanbankingnews.com - June 12 at 9:34 AM
americanbankingnews.com logo$161.40 Million in Sales Expected for Covenant Transportation Group, Inc. (CVTI) This Quarter
www.americanbankingnews.com - June 10 at 9:06 AM
americanbankingnews.com logoCovenant Transportation Group, Inc. (CVTI) Expected to Announce Earnings of $0.10 Per Share
www.americanbankingnews.com - June 8 at 12:46 PM
americanbankingnews.com logoCovenant Transportation Group, Inc. (CVTI) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - June 4 at 9:16 PM
americanbankingnews.com logoCovenant Transportation Group, Inc. (CVTI) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - May 19 at 2:02 PM
americanbankingnews.com logo Analysts Anticipate Covenant Transportation Group, Inc. (CVTI) Will Post Quarterly Sales of $161.4 Million
www.americanbankingnews.com - May 14 at 10:08 AM
reuters.com logoBRIEF-Covenant Transportation Group Q1 earnings per share $0.03
www.reuters.com - May 12 at 3:21 AM
streetinsider.com logoCovenant Transportation (CVTI) Reviewing Optons Following Unfavorable Court Decision
www.streetinsider.com - May 12 at 3:21 AM
finance.yahoo.com logoCovenant Transportation Group Announces Unfavorable Court Decision and Impact on Previously Reported First Quarter Earnings
finance.yahoo.com - May 10 at 4:49 PM
americanbankingnews.com logoCovenant Transportation Group (CVTI) Given News Sentiment Rating of 0.50
www.americanbankingnews.com - May 3 at 3:46 PM
americanbankingnews.com logoCovenant Transportation Group (CVTI) Given Daily Media Sentiment Score of 0.56
www.americanbankingnews.com - April 30 at 10:16 AM
americanbankingnews.com logoBrokerages Set Covenant Transportation Group, Inc. (CVTI) PT at $21.00
www.americanbankingnews.com - April 28 at 1:02 AM
americanbankingnews.com logoCovenant Transportation Group (CVTI) Given Daily Media Impact Rating of 0.50
www.americanbankingnews.com - April 27 at 10:08 AM
finance.yahoo.com logoCovenant Transportation Group, Inc. – Value Analysis (NASDAQ:CVTI) : April 25, 2017
finance.yahoo.com - April 25 at 4:22 PM
americanbankingnews.com logoCovenant Transportation Group, Inc. to Post Q4 2017 Earnings of $0.56 Per Share, Seaport Global Securities Forecasts (CVTI)
www.americanbankingnews.com - April 25 at 1:59 PM
finance.yahoo.com logoCovenant Transportation Group, Inc.: Strong price momentum but may lack support from fundamentals?
finance.yahoo.com - April 24 at 4:27 PM
americanbankingnews.com logoCovenant Transportation Group (CVTI) Getting Favorable News Coverage, Study Finds
www.americanbankingnews.com - April 24 at 3:48 PM
americanbankingnews.com logoCovenant Transportation Group, Inc. (CVTI) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - April 24 at 2:12 PM
finance.yahoo.com logoCovenant Transportation Group, Inc. breached its 50 day moving average in a Bullish Manner : CVTI-US : April 24, 2017
finance.yahoo.com - April 24 at 9:09 AM
americanbankingnews.com logoCovenant Transportation Group, Inc. (CVTI) Rating Lowered to C at TheStreet
www.americanbankingnews.com - April 23 at 11:15 PM
finance.yahoo.com logoEdited Transcript of CVTI earnings conference call or presentation 21-Apr-17 2:30pm GMT
finance.yahoo.com - April 22 at 9:25 AM
fool.com logoWhy Shares of Covenant Transportation Group, Inc. Popped 16% Today
www.fool.com - April 21 at 5:07 PM
americanbankingnews.com logo$0.14 EPS Expected for Covenant Transportation Group, Inc. (CVTI) This Quarter
www.americanbankingnews.com - April 21 at 3:37 PM
americanbankingnews.com logoCovenant Transportation Group (CVTI) Receives News Impact Score of 0.44
www.americanbankingnews.com - April 21 at 1:21 PM
globenewswire.com logoCovenant Transportation Group Announces First Quarter Financial and Operating Results
globenewswire.com - April 20 at 4:44 PM
marketbeat.com logoCovenant Transportation posts 1Q profit
marketbeat.com - April 20 at 4:37 PM
feeds.benzinga.com logoCovenant Transportation Group, Inc. Announces Timing of First Quarter Earnings Release and Conference Call
feeds.benzinga.com - April 17 at 6:15 PM
americanbankingnews.com logoCovenant Transportation Group (CVTI) Given Daily Media Impact Rating of 0.56
www.americanbankingnews.com - April 17 at 12:28 PM
americanbankingnews.com logoCovenant Transportation Group (CVTI) Given Daily Media Impact Score of 0.56
www.americanbankingnews.com - April 14 at 11:12 AM
finance.yahoo.com logoCOVENANT TRANSPORTATION GROUP INC Financials
finance.yahoo.com - March 18 at 4:23 PM
biz.yahoo.com logoCOVENANT TRANSPORTATION GROUP INC Files SEC form 10-K, Annual Report
biz.yahoo.com - March 14 at 6:14 PM
biz.yahoo.com logoCOVENANT TRANSPORTATION GROUP INC Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - February 24 at 10:15 PM
wsj.com logoOrders for New Big-Rigs Jump in January
www.wsj.com - February 3 at 4:53 PM
seekingalpha.com logoCovenant Transportation's (CVTI) CEO David Parker on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - January 27 at 6:06 PM
biz.yahoo.com logoCOVENANT TRANSPORTATION GROUP INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - January 27 at 6:06 PM
us.rd.yahoo.com logo4:03 pm Covenant Transport reports EPS in-line, beats on revs
us.rd.yahoo.com - January 25 at 10:47 PM
biz.yahoo.com logoQ4 2016 Covenant Transportation Group Inc Earnings Release - After Market Close
biz.yahoo.com - January 25 at 5:45 PM

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Chart

Covenant Transportation Group (CVTI) Chart for Saturday, July, 22, 2017

This page was last updated on 7/22/2017 by MarketBeat.com Staff