Uber Technologies (NYSE:UBER – Get Free Report) and Covenant Logistics Group (NYSE:CVLG – Get Free Report) are both industrials companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, risk, analyst recommendations, earnings, valuation, profitability and institutional ownership.
Valuation & Earnings
This table compares Uber Technologies and Covenant Logistics Group”s top-line revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Uber Technologies | $55.23 billion | 2.57 | $10.05 billion | $4.55 | 15.30 |
| Covenant Logistics Group | $1.16 billion | 0.71 | $7.24 million | $0.11 | 296.00 |
Analyst Ratings
This is a breakdown of current ratings and price targets for Uber Technologies and Covenant Logistics Group, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Uber Technologies | 3 | 4 | 34 | 2 | 2.81 |
| Covenant Logistics Group | 1 | 1 | 4 | 1 | 2.71 |
Uber Technologies currently has a consensus target price of $103.03, indicating a potential upside of 47.98%. Covenant Logistics Group has a consensus target price of $51.80, indicating a potential upside of 59.09%. Given Covenant Logistics Group’s higher probable upside, analysts plainly believe Covenant Logistics Group is more favorable than Uber Technologies.
Profitability
This table compares Uber Technologies and Covenant Logistics Group’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Uber Technologies | 17.34% | 43.36% | 19.15% |
| Covenant Logistics Group | 0.31% | 9.14% | 3.68% |
Insider & Institutional Ownership
80.2% of Uber Technologies shares are owned by institutional investors. Comparatively, 83.7% of Covenant Logistics Group shares are owned by institutional investors. 3.8% of Uber Technologies shares are owned by insiders. Comparatively, 36.7% of Covenant Logistics Group shares 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.
Volatility and Risk
Uber Technologies has a beta of 1.16, suggesting that its share price is 16% more volatile than the S&P 500. Comparatively, Covenant Logistics Group has a beta of 1.29, suggesting that its share price is 29% more volatile than the S&P 500.
Summary
Uber Technologies beats Covenant Logistics Group on 10 of the 15 factors compared between the two stocks.
About Uber Technologies
Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services. The Delivery segment allows to search for and discover restaurants to grocery, alcohol, convenience, and other retails; order a meal or other items; and Uber direct, a white-label Delivery-as-a-Service for retailers and restaurants, as well as advertising. The Freight segment manages transportation and logistics network, which connects shippers and carriers in digital marketplace including carriers upfronts, pricing, and shipment booking; and provides on-demand platform to automate logistics end-to-end transactions for small-and medium-sized business to global enterprises. The company was formerly known as Ubercab, Inc. and changed its name to Uber Technologies, Inc. in February 2011. Uber Technologies, Inc. was founded in 2009 and is headquartered in San Francisco, California.
About Covenant Logistics Group
Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing. The Expedited segment primarily provides truckload services with high service freight and delivery standards, such as 1,000 miles in 22 hours or 15-minute delivery windows. The Dedicated segment provides customers with committed truckload capacity over contracted periods using equipment either owned or leased by the company. The Managed Freight segment offers brokerage services, including logistics capacity by outsourcing the carriage of customers’ freight to third parties; and transport management services, such as logistics services on a contractual basis to customers who prefer to outsource their logistics needs. The Warehousing segment provides day-to-day warehouse management services to customers. The segment also provides shuttle and switching services to shuttling containers and trailers. The company also engages in used equipment sales and leasing business. It serves transportation companies, such as parcel 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, 2021, it operated 2,291 tractors and 5,331 trailers. The company was formerly known as Covenant Transportation Group, Inc. and changed its name to Covenant Logistics Group, Inc. in July 2020. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee.
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