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Covenant Logistics Group (CVLG) Competitors

Covenant Logistics Group logo
$54.38 +0.38 (+0.70%)
(As of 12/20/2024 04:32 PM ET)

CVLG vs. HAFN, ARCB, ZIM, CMBT, INSW, CMRE, ULCC, DHT, UP, and BWLP

Should you be buying Covenant Logistics Group stock or one of its competitors? The main competitors of Covenant Logistics Group include Hafnia (HAFN), ArcBest (ARCB), ZIM Integrated Shipping Services (ZIM), Euronav (CMBT), International Seaways (INSW), Costamare (CMRE), Frontier Group (ULCC), DHT (DHT), Wheels Up Experience (UP), and BW LPG (BWLP). These companies are all part of the "transportation" industry.

Covenant Logistics Group vs.

Hafnia (NYSE:HAFN) and Covenant Logistics Group (NASDAQ:CVLG) are both transportation companies, but which is the superior investment? We will contrast the two businesses based on the strength of their community ranking, risk, profitability, institutional ownership, earnings, valuation, media sentiment, dividends and analyst recommendations.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hafnia$3.04B0.85$793.28M$1.703.01
Covenant Logistics Group$1.13B0.64$55.23M$3.0417.89

Hafnia has a net margin of 53.44% compared to Covenant Logistics Group's net margin of 3.72%. Hafnia's return on equity of 36.90% beat Covenant Logistics Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Hafnia53.44% 36.90% 22.38%
Covenant Logistics Group 3.72%13.43%5.72%

Covenant Logistics Group received 13 more outperform votes than Hafnia when rated by MarketBeat users. However, 100.00% of users gave Hafnia an outperform vote while only 42.11% of users gave Covenant Logistics Group an outperform vote.

CompanyUnderperformOutperform
HafniaOutperform Votes
3
100.00%
Underperform Votes
No Votes
Covenant Logistics GroupOutperform Votes
16
42.11%
Underperform Votes
22
57.89%

Hafnia pays an annual dividend of $1.51 per share and has a dividend yield of 29.5%. Covenant Logistics Group pays an annual dividend of $0.44 per share and has a dividend yield of 0.8%. Hafnia pays out 88.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Covenant Logistics Group pays out 14.5% of its earnings in the form of a dividend.

In the previous week, Hafnia had 9 more articles in the media than Covenant Logistics Group. MarketBeat recorded 14 mentions for Hafnia and 5 mentions for Covenant Logistics Group. Covenant Logistics Group's average media sentiment score of 0.99 beat Hafnia's score of 0.33 indicating that Covenant Logistics Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Hafnia
6 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
5 Negative mention(s)
0 Very Negative mention(s)
Neutral
Covenant Logistics Group
3 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

83.7% of Covenant Logistics Group shares are held by institutional investors. 36.5% of Covenant Logistics Group shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Hafnia presently has a consensus target price of $8.25, indicating a potential upside of 61.45%. Covenant Logistics Group has a consensus target price of $69.50, indicating a potential upside of 27.80%. Given Hafnia's higher possible upside, analysts clearly believe Hafnia is more favorable than Covenant Logistics Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hafnia
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00
Covenant Logistics Group
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00

Summary

Hafnia beats Covenant Logistics Group on 10 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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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CVLG vs. The Competition

MetricCovenant Logistics GroupTrucking, except local IndustryTransportation SectorNASDAQ Exchange
Market Cap$716.73M$7.43B$303.23B$9.08B
Dividend Yield0.76%0.95%4.42%4.21%
P/E Ratio17.8940.2817.8417.15
Price / Sales0.641.5255.77116.80
Price / Cash6.0911.1113.0337.88
Price / Book1.763.272.114.78
Net Income$55.23M$277.35M$577.06M$225.60M
7 Day Performance-6.08%12.05%-2.48%-1.23%
1 Month Performance-4.53%0.37%-3.29%3.07%
1 Year Performance20.82%-8.86%-0.72%16.48%

Covenant Logistics Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CVLG
Covenant Logistics Group
4.78 of 5 stars
$54.38
+0.7%
$69.50
+27.8%
+21.7%$716.73M$1.13B17.894,600News Coverage
High Trading Volume
HAFN
Hafnia
3.5422 of 5 stars
$5.29
-2.4%
$9.00
+70.1%
N/A$2.68B$3.04B3.145,040Analyst Forecast
Gap Down
ARCB
ArcBest
4.6674 of 5 stars
$109.02
+0.4%
$124.50
+14.2%
-19.8%$2.55B$4.27B13.3915,000
ZIM
ZIM Integrated Shipping Services
2.6945 of 5 stars
$19.26
-3.1%
$15.74
-18.3%
+82.8%$2.32B$5.16B1.664,778Analyst Forecast
CMBT
Euronav
N/A$8.68
-5.0%
N/AN/A$1.75B$982.85M1.483,150News Coverage
INSW
International Seaways
4.5179 of 5 stars
$33.77
-3.4%
$60.67
+79.6%
-29.8%$1.66B$1.07B3.382,698
CMRE
Costamare
2.5541 of 5 stars
$12.62
-2.5%
$13.50
+7.0%
+22.9%$1.48B$1.51B4.302,870
ULCC
Frontier Group
1.5984 of 5 stars
$6.42
+1.7%
$6.46
+0.6%
+31.8%$1.45B$3.59B-157.717,235
DHT
DHT
4.7777 of 5 stars
$8.96
-1.8%
$13.54
+51.1%
-12.1%$1.45B$583.76M9.121,212
UP
Wheels Up Experience
0.5262 of 5 stars
$2.03
-3.3%
N/A-19.2%$1.42B$833.67M-4.202,206Positive News
Gap Down
BWLP
BW LPG
N/A$10.63
-2.4%
N/AN/A$1.40B$3.51B0.001,546High Trading Volume

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This page (NASDAQ:CVLG) was last updated on 12/21/2024 by MarketBeat.com Staff
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