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Covenant Logistics Group (CVLG) Competitors

Covenant Logistics Group logo
$56.74 -0.59 (-1.03%)
(As of 11/20/2024 ET)

CVLG vs. HTLD, PTSI, USX, USAK, HAFN, OMAB, ARCB, INSW, DHT, and CMRE

Should you be buying Covenant Logistics Group stock or one of its competitors? The main competitors of Covenant Logistics Group include Heartland Express (HTLD), P.A.M. Transportation Services (PTSI), U.S. Xpress Enterprises (USX), USA Truck (USAK), Hafnia (HAFN), Grupo Aeroportuario del Centro Norte (OMAB), ArcBest (ARCB), International Seaways (INSW), DHT (DHT), and Costamare (CMRE). These companies are all part of the "transportation" sector.

Covenant Logistics Group vs.

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

Heartland Express pays an annual dividend of $0.08 per share and has a dividend yield of 0.7%. Covenant Logistics Group pays an annual dividend of $0.44 per share and has a dividend yield of 0.8%. Heartland Express pays out -27.6% of its earnings in the form of a dividend. Covenant Logistics Group pays out 14.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Heartland Express has a beta of 0.71, indicating that its share price is 29% less volatile than the S&P 500. Comparatively, Covenant Logistics Group has a beta of 1.35, indicating that its share price is 35% more volatile than the S&P 500.

Heartland Express received 336 more outperform votes than Covenant Logistics Group when rated by MarketBeat users. Likewise, 48.55% of users gave Heartland Express an outperform vote while only 42.11% of users gave Covenant Logistics Group an outperform vote.

CompanyUnderperformOutperform
Heartland ExpressOutperform Votes
352
48.55%
Underperform Votes
373
51.45%
Covenant Logistics GroupOutperform Votes
16
42.11%
Underperform Votes
22
57.89%

Covenant Logistics Group has a net margin of 3.72% compared to Heartland Express' net margin of -2.11%. Covenant Logistics Group's return on equity of 13.43% beat Heartland Express' return on equity.

Company Net Margins Return on Equity Return on Assets
Heartland Express-2.11% -2.70% -1.59%
Covenant Logistics Group 3.72%13.43%5.72%

In the previous week, Heartland Express had 4 more articles in the media than Covenant Logistics Group. MarketBeat recorded 5 mentions for Heartland Express and 1 mentions for Covenant Logistics Group. Heartland Express' average media sentiment score of 1.37 beat Covenant Logistics Group's score of -0.08 indicating that Heartland Express is being referred to more favorably in the media.

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

Heartland Express presently has a consensus price target of $11.75, suggesting a potential downside of 3.61%. Covenant Logistics Group has a consensus price target of $69.50, suggesting a potential upside of 22.49%. Given Covenant Logistics Group's stronger consensus rating and higher probable upside, analysts clearly believe Covenant Logistics Group is more favorable than Heartland Express.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Heartland Express
2 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50
Covenant Logistics Group
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00

53.5% of Heartland Express shares are owned by institutional investors. Comparatively, 83.7% of Covenant Logistics Group shares are owned by institutional investors. 39.6% of Heartland Express shares are owned by company insiders. Comparatively, 36.5% of Covenant Logistics Group shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Covenant Logistics Group has lower revenue, but higher earnings than Heartland Express. Heartland Express 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
Heartland Express$1.21B0.79$14.77M-$0.29-42.03
Covenant Logistics Group$1.10B0.68$55.23M$3.0418.66

Summary

Covenant Logistics Group beats Heartland Express on 12 of the 20 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$755.59M$8.26B$336.66B$8.90B
Dividend Yield0.77%0.93%4.38%4.07%
P/E Ratio18.6640.5115.7113.46
Price / Sales0.681.7259.6287.66
Price / Cash5.8811.0813.0136.27
Price / Book1.733.452.096.30
Net Income$55.23M$277.35M$570.30M$225.93M
7 Day Performance-4.16%-4.60%-1.57%-1.32%
1 Month Performance9.14%14.77%-1.14%0.60%
1 Year Performance32.38%7.73%14.02%26.23%

Covenant Logistics Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CVLG
Covenant Logistics Group
4.052 of 5 stars
$56.74
-1.0%
$69.50
+22.5%
+34.6%$755.59M$1.10B18.664,600
HTLD
Heartland Express
3.0525 of 5 stars
$12.19
-0.6%
$11.75
-3.6%
-6.5%$962.37M$1.21B0.006,320Insider Trade
Short Interest ↓
Positive News
PTSI
P.A.M. Transportation Services
3.503 of 5 stars
N/A$19.00
+∞
N/A$429.50M$810.81M-179.272,530Analyst Forecast
USX
U.S. Xpress Enterprises
N/A$6.14
flat
N/A+0.0%$322.84M$2.16B-5.439,397High Trading Volume
USAK
USA Truck
N/A$31.71
flat
N/AN/A$286.47M$710.39M8.572,100Analyst Forecast
HAFN
Hafnia
3.5645 of 5 stars
$5.68
+1.4%
$9.00
+58.6%
N/A$2.83B$1.92B3.615,040Gap Up
OMAB
Grupo Aeroportuario del Centro Norte
2.5224 of 5 stars
$65.12
+0.7%
$80.83
+24.1%
-2.8%$2.75B$816.21M11.491,270
ARCB
ArcBest
4.4799 of 5 stars
$106.76
-0.9%
$124.50
+16.6%
-12.1%$2.52B$4.43B13.1815,000
INSW
International Seaways
4.342 of 5 stars
$41.87
-0.3%
$60.67
+44.9%
-10.3%$2.07B$1.07B4.052,698
DHT
DHT
4.6857 of 5 stars
$10.54
-0.9%
$14.50
+37.6%
+3.2%$1.71B$560.56M10.541,212
CMRE
Costamare
1.8437 of 5 stars
$14.44
-0.4%
$13.50
-6.5%
+52.6%$1.71B$1.51B4.802,870Positive News

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This page (NASDAQ:CVLG) was last updated on 11/21/2024 by MarketBeat.com Staff
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