COVENANT LOGISTICS GROUP, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 44.9 USD | +0.42% |
|
+0.42% | -2.48% |
| Apr. 25 | Transcript : Covenant Logistics Group, Inc., Q1 2024 Earnings Call, Apr 25, 2024 | |
| Apr. 24 | Earnings Flash (CVLG) COVENANT LOGISTICS GROUP Posts Q1 Revenue $278.8M, vs. Street Est of $277.6M | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 238.6 | 253.8 | 441.8 | 466.5 | 596.1 | 588.8 | - |
| Enterprise Value (EV) 1 | 238.6 | 317.3 | 441.8 | 466.5 | 596.1 | 588.8 | 588.8 |
| P/E ratio | 28.7 x | -6.02 x | 7.4 x | 4.94 x | 11.5 x | 10.7 x | 8.65 x |
| Yield | - | - | - | - | - | - | - |
| Capitalization / Revenue | 0.27 x | 0.3 x | 0.42 x | 0.38 x | 0.54 x | 0.49 x | 0.45 x |
| EV / Revenue | 0.27 x | 0.3 x | 0.42 x | 0.38 x | 0.54 x | 0.49 x | 0.45 x |
| EV / EBITDA | 2.51 x | 2.75 x | 3.53 x | 3.1 x | 4.72 x | 4.15 x | 3.85 x |
| EV / FCF | -8.64 x | 2.78 x | - | - | - | 10.2 x | 10.8 x |
| FCF Yield | -11.6% | 36% | - | - | - | 9.79% | 9.27% |
| Price to Book | - | 0.88 x | - | - | - | - | - |
| Nbr of stocks (in thousands) | 18,462 | 17,134 | 16,718 | 13,494 | 12,947 | 13,114 | - |
| Reference price 2 | 12.92 | 14.81 | 26.43 | 34.57 | 46.04 | 44.90 | 44.90 |
| Announcement Date | 1/23/20 | 1/25/21 | 1/26/22 | 1/25/23 | 1/23/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 894.5 | 838.6 | 1,046 | 1,217 | 1,104 | 1,201 | 1,296 |
| EBITDA 1 | 94.91 | 92.34 | 125.1 | 150.4 | 126.3 | 142 | 152.9 |
| EBIT 1 | 16.03 | 26.86 | 71.2 | 97.24 | 63.85 | 69.85 | 84.48 |
| Operating Margin | 1.79% | 3.2% | 6.81% | 7.99% | 5.79% | 5.82% | 6.52% |
| Earnings before Tax (EBT) 1 | - | - | 79.15 | 142.8 | 72.24 | 78.4 | 97.7 |
| Net income 1 | 8.477 | -42.72 | 60.73 | 108.7 | 55.23 | 57.6 | 71.8 |
| Net margin | 0.95% | -5.09% | 5.81% | 8.93% | 5% | 4.8% | 5.54% |
| EPS 2 | 0.4500 | -2.460 | 3.570 | 7.000 | 3.990 | 4.190 | 5.190 |
| Free Cash Flow 1 | -27.63 | 91.27 | - | - | - | 57.65 | 54.58 |
| FCF margin | -3.09% | 10.88% | - | - | - | 4.8% | 4.21% |
| FCF Conversion (EBITDA) | - | 98.84% | - | - | - | 40.6% | 35.7% |
| FCF Conversion (Net income) | - | - | - | - | - | 100.09% | 76.02% |
| Dividend per Share | - | - | - | - | - | - | - |
| Announcement Date | 1/23/20 | 1/25/21 | 1/26/22 | 1/25/23 | 1/23/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 274.6 | 294.2 | 291.6 | 317.4 | 311.8 | 296.1 | 266.9 | 274 | 288.7 | 274 | 278.8 | 305.5 | 319 | 315.8 | 319.8 |
| EBITDA 1 | 34.6 | 31.39 | 37.29 | 40.8 | 36.81 | 36.67 | 28.32 | 33.38 | 36.04 | 33 | 33.54 | 33.4 | 38 | 39.2 | 35.2 |
| EBIT 1 | 21.24 | 18.82 | 24.44 | 28.35 | 22.45 | 22.01 | 12.62 | 16.24 | 17.85 | 17.13 | 14.8 | 15.9 | 19.5 | 20.7 | 16.3 |
| Operating Margin | 7.73% | 6.4% | 8.38% | 8.93% | 7.2% | 7.43% | 4.73% | 5.92% | 6.18% | 6.25% | 5.31% | 5.2% | 6.11% | 6.55% | 5.1% |
| Earnings before Tax (EBT) 1 | 22.59 | 22.83 | 30.08 | 33.18 | 65.52 | 14.01 | 22.81 | 15.04 | 17.84 | 16.56 | 4.673 | 18.5 | 22.1 | 23.3 | 18.9 |
| Net income 1 | 16.44 | 17.73 | 22.17 | 24.53 | 50.49 | 11.5 | 16.64 | 12.29 | 13.51 | 12.8 | 3.974 | 13.6 | 16.2 | 17.1 | 13.9 |
| Net margin | 5.99% | 6.03% | 7.6% | 7.73% | 16.19% | 3.89% | 6.23% | 4.49% | 4.68% | 4.67% | 1.43% | 4.45% | 5.08% | 5.41% | 4.35% |
| EPS 2 | 0.9700 | 1.050 | 1.320 | 1.560 | 3.390 | 0.8100 | 1.200 | 0.9100 | 0.9900 | 0.9300 | 0.2900 | 0.9900 | 1.180 | 1.240 | 1.010 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 10/20/21 | 1/26/22 | 4/27/22 | 7/25/22 | 10/20/22 | 1/25/23 | 4/27/23 | 7/26/23 | 10/25/23 | 1/23/24 | 4/24/24 | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt | - | 63.5 | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 0.6877 x | - | - | - | - | - |
| Free Cash Flow 1 | -27.6 | 91.3 | - | - | - | 57.7 | 54.6 |
| ROE (net income / shareholders' equity) | - | - | - | - | - | - | - |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - |
| Book Value Per Share | - | 16.70 | - | - | - | - | - |
| Cash Flow per Share | - | - | - | - | - | - | - |
| Capex | 138 | 94 | - | - | - | - | - |
| Capex / Sales | 15.46% | 11.22% | - | - | - | - | - |
| Announcement Date | 1/23/20 | 1/25/21 | 1/26/22 | 1/25/23 | 1/23/24 | - | - |
1USD in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
44.9
USD
Average target price
65
USD
Spread / Average Target
+44.77%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -2.48% | 589M | |
| +6.48% | 76.06B | |
| -.--% | 26.71B | |
| +26.61% | 12.9B | |
| -9.58% | 12.39B | |
| -18.72% | 8.22B | |
| -18.66% | 7.55B | |
| -9.19% | 7.52B | |
| -3.88% | 5.4B | |
| +5.99% | 5.34B |
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- Financials Covenant Logistics Group, Inc.
