Covenant Transportation Group (CVTI) Competitors

Notice: This company has been marked as potentially delisted and may not be actively trading.

CVTI vs. HTLD, ULH, CVLG, YELLQ, PTSI, MRTN, WERN, VLRS, VTOL, and TNP

Should you be buying Covenant Transportation Group stock or one of its competitors? The main competitors of Covenant Transportation Group include Heartland Express (HTLD), Universal Logistics (ULH), Covenant Logistics Group (CVLG), Yellow (YELLQ), P.A.M. Transportation Services (PTSI), Marten Transport (MRTN), Werner Enterprises (WERN), Controladora Vuela Compañía de Aviación (VLRS), Bristow Group (VTOL), and Tsakos Energy Navigation (TNP). These companies are all part of the "transportation" sector.

Covenant Transportation Group vs.

Heartland Express (NASDAQ:HTLD) and Covenant Transportation Group (NASDAQ:CVTI) are both small-cap transportation companies, but which is the better business? We will contrast the two businesses based on the strength of their analyst recommendations, risk, community ranking, valuation, profitability, earnings, institutional ownership, dividends and media sentiment.

Heartland Express has a beta of 0.62, indicating that its stock price is 38% less volatile than the S&P 500. Comparatively, Covenant Transportation Group has a beta of 1.51, indicating that its stock price is 51% more volatile than the S&P 500.

53.5% of Heartland Express shares are owned by institutional investors. Comparatively, 53.6% of Covenant Transportation Group shares are owned by institutional investors. 39.8% of Heartland Express shares are owned by company insiders. Comparatively, 32.5% of Covenant Transportation Group shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Heartland Express presently has a consensus target price of $13.50, suggesting a potential upside of 32.09%. Given Covenant Transportation Group's higher probable upside, analysts plainly believe Heartland Express is more favorable than Covenant Transportation Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Heartland Express
1 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.75
Covenant Transportation Group
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

In the previous week, Heartland Express had 6 more articles in the media than Covenant Transportation Group. MarketBeat recorded 7 mentions for Heartland Express and 1 mentions for Covenant Transportation Group. Heartland Express' average media sentiment score of 0.00 beat Covenant Transportation Group's score of -0.76 indicating that Covenant Transportation Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Heartland Express
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
2 Very Negative mention(s)
Negative
Covenant Transportation Group
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Heartland Express received 74 more outperform votes than Covenant Transportation Group when rated by MarketBeat users. However, 59.15% of users gave Covenant Transportation Group an outperform vote while only 49.16% of users gave Heartland Express an outperform vote.

CompanyUnderperformOutperform
Heartland ExpressOutperform Votes
352
49.16%
Underperform Votes
364
50.84%
Covenant Transportation GroupOutperform Votes
278
59.15%
Underperform Votes
192
40.85%

Heartland Express has higher revenue and earnings than Covenant Transportation Group. Heartland Express is trading at a lower price-to-earnings ratio than Covenant Transportation Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Heartland Express$1.21B0.67$14.77M$0.1856.61
Covenant Transportation Group$894.53M0.84$8.48M$0.6172.49

Heartland Express has a net margin of 1.22% compared to Heartland Express' net margin of 0.21%. Covenant Transportation Group's return on equity of 1.71% beat Heartland Express' return on equity.

Company Net Margins Return on Equity Return on Assets
Heartland Express1.22% 1.71% 0.94%
Covenant Transportation Group 0.21%1.54%0.60%

Summary

Heartland Express beats Covenant Transportation Group on 9 of the 16 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 CVTI 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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CVTI vs. The Competition

MetricCovenant Transportation GroupTrucking, Except Local IndustryTransportation SectorNASDAQ Exchange
Market Cap$755.59M$7.21B$10.30B$7.48B
Dividend YieldN/A1.08%3.87%3.96%
P/E Ratio442.2022.5515.3616.84
Price / Sales0.841.5122.1980.79
Price / Cash2.8110.0316.4734.56
Price / Book2.343.122.024.29
Net Income$8.48M$258.86M$627.45M$213.66M

Covenant Transportation Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HTLD
Heartland Express
4.1603 of 5 stars
$10.43
+1.5%
$13.75
+31.8%
-33.1%$824.28M$1.21B57.946,320Earnings Report
Analyst Report
News Coverage
ULH
Universal Logistics
3.1299 of 5 stars
$34.53
+3.1%
$36.00
+4.3%
+19.4%$908.48M$1.66B9.759,311Upcoming Earnings
News Coverage
High Trading Volume
CVLG
Covenant Logistics Group
4.6347 of 5 stars
$44.22
+0.8%
$68.67
+55.3%
+22.8%$577.96M$1.10B10.974,600Positive News
YELLQ
Yellow
0 of 5 stars
$8.15
+3.2%
N/AN/A$424.86M$5.24B-5.2630,000Upcoming Earnings
News Coverage
PTSI
P.A.M. Transportation Services
1.4225 of 5 stars
$14.12
+4.1%
$17.00
+20.4%
-43.9%$311.13M$810.81M23.152,530Positive News
MRTN
Marten Transport
3.6391 of 5 stars
$16.73
+3.0%
$23.00
+37.5%
-19.5%$1.36B$1.13B23.564,213Earnings Report
WERN
Werner Enterprises
3.9108 of 5 stars
$35.69
+1.0%
$44.00
+23.3%
-23.3%$2.26B$3.28B20.289,929Upcoming Earnings
VLRS
Controladora Vuela Compañía de Aviación
3.7089 of 5 stars
$8.48
+5.7%
$14.22
+67.8%
-27.7%$744.02M$3.26B121.097,364Earnings Report
Analyst Report
News Coverage
High Trading Volume
VTOL
Bristow Group
0 of 5 stars
$26.15
+4.2%
N/A+16.7%$740.57M$1.30B-108.963,298News Coverage
TNP
Tsakos Energy Navigation
3.8721 of 5 stars
$24.74
+0.3%
$30.00
+21.3%
+37.0%$730.08M$889.57M2.741,500Positive News

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This page (NASDAQ:CVTI) was last updated on 4/24/2024 by MarketBeat.com Staff

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