NASDAQ:CVTI - Covenant Transportation Group Stock Price, Price Target & More

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$29.92 +0.20 (+0.67 %)
(As of 07/19/2018 08:00 AM ET)
Previous Close$29.72
Today's Range$29.05 - $30.02
52-Week Range$16.17 - $35.19
Volume142,200 shs
Average Volume181,470 shs
Market Capitalization$544.80 million
P/E Ratio35.62
Dividend YieldN/A
Covenant Transportation Group logoCovenant Transportation Group, Inc., together with its subsidiaries, provides truckload transportation and brokerage services primarily in the continental United States. It offers long haul, dedicated, temperature-controlled, and regional solo-driver services; long haul, regional, dedicated, and intermodal temperature-controlled services; and regional solo-driver and dedicated services. The company also provides ancillary services, including freight brokerage services and accounts receivable factoring. It serves transportation companies, such as freight forwarders, less-than-truckload carriers, and third-party logistics providers; and traditional truckload customers, including manufacturers, retailers, and food and beverage shippers. As of December 31, 2017, the company operated 2,559 tractors and 7,134 trailers. Covenant Transportation Group, Inc. was founded in 1986 and is headquartered in Chattanooga, Tennessee.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Trucking, except local


Debt-to-Equity Ratio0.61
Current Ratio2.18
Quick Ratio2.12


Trailing P/E Ratio35.62
Forward P/E Ratio14.89
P/E GrowthN/A

Sales & Book Value

Annual Sales$705.01 million
Price / Sales0.78
Cash Flow$4.8336 per share
Price / Cash6.19
Book Value$16.11 per share
Price / Book1.86


EPS (Most Recent Fiscal Year)$0.84
Net Income$55.43 million
Net Margins8.32%
Return on Equity7.34%
Return on Assets3.08%


Outstanding Shares18,330,000
Market Cap$544.80

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Covenant Transportation Group (NASDAQ:CVTI) Frequently Asked Questions

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 Wednesday, April, 25th. The transportation company reported $0.24 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.23 by $0.01. The transportation company earned $173.57 million during the quarter, compared to the consensus estimate of $169.15 million. Covenant Transportation Group had a net margin of 8.32% and a return on equity of 7.34%. View Covenant Transportation Group's Earnings History.

What guidance has Covenant Transportation Group issued on next quarter's earnings?

Covenant Transportation Group issued an update on its second quarter earnings guidance on Tuesday, June, 5th. The company provided earnings per share (EPS) guidance of $0.45-0.53 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.38.

What price target have analysts set for CVTI?

4 brokerages have issued 1 year price targets for Covenant Transportation Group's stock. Their forecasts range from $25.00 to $40.00. On average, they anticipate Covenant Transportation Group's share price to reach $34.00 in the next twelve months. This suggests a possible upside of 13.6% from the stock's current price. View Analyst Ratings for Covenant Transportation Group.

What is the consensus analysts' recommendation for Covenant Transportation Group?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Covenant Transportation Group in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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:
  • Mr. David Ray Parker, Chairman & CEO (Age 60)
  • Mr. Joey B. Hogan, Pres (Age 56)
  • Mr. Richard B. Cribbs, Exec. VP & CFO (Age 46)
  • Mr. Samuel F. Hough, Exec. VP & COO of CTI (Age 52)
  • Mr. Paul T. Newbourne, Exec. VP & COO of Solutions (Age 63)

Has Covenant Transportation Group been receiving favorable news coverage?

Media coverage about CVTI stock has trended somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Covenant Transportation Group earned a media sentiment score of 0.20 on Accern's scale. They also assigned news stories about the transportation company an impact score of 44.76 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Who are Covenant Transportation Group's major shareholders?

Covenant Transportation Group's stock is owned by many different of retail and institutional investors. Top institutional investors include Bank of Montreal Can (0.55%). Company insiders that own Covenant Transportation Group stock include David Ray Parker, James F Brower Jr, Joey B Hogan, Ralph H Lovin Jr and Samuel F Hough. View Institutional Ownership Trends for Covenant Transportation Group.

Which institutional investors are buying Covenant Transportation Group stock?

CVTI stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can. View Insider Buying and Selling for Covenant Transportation Group.

How do I buy shares of Covenant Transportation Group?

Shares of CVTI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market 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 CVTI stock can currently be purchased for approximately $29.92.

How big of a company is Covenant Transportation Group?

Covenant Transportation Group has a market capitalization of $544.80 million and generates $705.01 million in revenue each year. The transportation company earns $55.43 million in net income (profit) each year or $0.84 on an earnings per share basis. Covenant Transportation Group employs 4,300 workers across the globe.

How can I contact Covenant Transportation Group?

Covenant Transportation Group's mailing address is 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN, 37419. The transportation company can be reached via phone at 423-821-1212 or via email at [email protected]

MarketBeat Community Rating for Covenant Transportation Group (NASDAQ CVTI)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  171 (Vote Outperform)
Underperform Votes:  205 (Vote Underperform)
Total Votes:  376
MarketBeat's community ratings are surveys of what our community members think about Covenant Transportation Group and other stocks. Vote "Outperform" if you believe CVTI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CVTI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/19/2018 by Staff

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