CovenantLogisticsGroupInc . (NASDAQ: CVLG) is one of 20 public companies in the “Trucking, except local” industry, but how does it compare to its competitors? We will compare CovenantLogisticsGroupInc . to related businesses based on the strength of its dividends, institutional ownership, risk, earnings, analyst recommendations, profitability and valuation.
Earnings & Valuation
This table compares CovenantLogisticsGroupInc . and its competitors revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|CovenantLogisticsGroupInc .||$894.53 million||$8.48 million||28.61|
|CovenantLogisticsGroupInc . Competitors||$2.74 billion||$130.62 million||20.48|
CovenantLogisticsGroupInc .’s competitors have higher revenue and earnings than CovenantLogisticsGroupInc .. CovenantLogisticsGroupInc . is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
This is a summary of recent ratings and price targets for CovenantLogisticsGroupInc . and its competitors, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|CovenantLogisticsGroupInc . Competitors||396||1441||1210||77||2.31|
CovenantLogisticsGroupInc . currently has a consensus price target of $26.00, indicating a potential upside of 49.00%. As a group, “Trucking, except local” companies have a potential downside of 6.27%. Given CovenantLogisticsGroupInc .’s stronger consensus rating and higher probable upside, analysts clearly believe CovenantLogisticsGroupInc . is more favorable than its competitors.
Insider & Institutional Ownership
51.3% of CovenantLogisticsGroupInc . shares are owned by institutional investors. Comparatively, 51.8% of shares of all “Trucking, except local” companies are owned by institutional investors. 32.5% of CovenantLogisticsGroupInc . shares are owned by insiders. Comparatively, 24.5% of shares of all “Trucking, except local” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Risk & Volatility
CovenantLogisticsGroupInc . has a beta of 1.62, meaning that its stock price is 62% more volatile than the S&P 500. Comparatively, CovenantLogisticsGroupInc .’s competitors have a beta of 1.57, meaning that their average stock price is 57% more volatile than the S&P 500.
This table compares CovenantLogisticsGroupInc . and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|CovenantLogisticsGroupInc . Competitors||3.74%||9.79%||5.34%|
CovenantLogisticsGroupInc . competitors beat CovenantLogisticsGroupInc . on 8 of the 13 factors compared.
About CovenantLogisticsGroupInc .
Covenant Logistics Group, Inc. is a holding company, which engages in the provision of freight and logistics services. It operates through the following segments: Highway Services and Dedicated Contract Services. The Highway Services Segment includes two separate service offerings: Expedited Services (“”Expedited””) and Over-the-Road Services (“”OTR””), both of which transport one-way freight over nonroutine routes. The Dedicated Contract Services Segment provides similar transportation services, but does so pursuant to agreements whereby equipment available to a specific customer for shipments over particular routes at specified times. The company was founded by David Ray Parker in 1985 and is headquartered in Chattanooga, TN.
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