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Covenant Logistics Group (CVLG) Competitors

$46.46
-0.47 (-1.00%)
(As of 05/17/2024 08:53 PM ET)

CVLG vs. YRCW, YELLQ, PTSI, HTLD, ULH, MRTN, WERN, SNCY, SB, and PWFL

Should you be buying Covenant Logistics Group stock or one of its competitors? The main competitors of Covenant Logistics Group include YRC Worldwide (YRCW), Yellow (YELLQ), P.A.M. Transportation Services (PTSI), Heartland Express (HTLD), Universal Logistics (ULH), Marten Transport (MRTN), Werner Enterprises (WERN), Sun Country Airlines (SNCY), Safe Bulkers (SB), and PowerFleet (PWFL). These companies are all part of the "transportation" sector.

Covenant Logistics Group vs.

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

Covenant Logistics Group has lower revenue, but higher earnings than YRC Worldwide. YRC Worldwide 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
YRC Worldwide$4.87B0.07-$104M-$2.44-2.79
Covenant Logistics Group$1.10B0.55$55.23M$3.1214.89

YRC Worldwide received 302 more outperform votes than Covenant Logistics Group when rated by MarketBeat users. Likewise, 67.38% of users gave YRC Worldwide an outperform vote while only 38.89% of users gave Covenant Logistics Group an outperform vote.

CompanyUnderperformOutperform
YRC WorldwideOutperform Votes
316
67.38%
Underperform Votes
153
32.62%
Covenant Logistics GroupOutperform Votes
14
38.89%
Underperform Votes
22
61.11%

In the previous week, Covenant Logistics Group had 6 more articles in the media than YRC Worldwide. MarketBeat recorded 6 mentions for Covenant Logistics Group and 0 mentions for YRC Worldwide. YRC Worldwide's average media sentiment score of 0.54 beat Covenant Logistics Group's score of 0.00 indicating that Covenant Logistics Group is being referred to more favorably in the news media.

Company Overall Sentiment
YRC Worldwide Neutral
Covenant Logistics Group Positive

YRC Worldwide has a beta of 3.32, suggesting that its share price is 232% more volatile than the S&P 500. Comparatively, Covenant Logistics Group has a beta of 1.41, suggesting that its share price is 41% more volatile than the S&P 500.

31.1% of YRC Worldwide shares are held by institutional investors. Comparatively, 83.7% of Covenant Logistics Group shares are held by institutional investors. 6.4% of YRC Worldwide shares are held by company insiders. Comparatively, 36.5% of Covenant Logistics Group shares are held 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 a net margin of 3.82% compared to Covenant Logistics Group's net margin of -1.40%. YRC Worldwide's return on equity of 14.16% beat Covenant Logistics Group's return on equity.

Company Net Margins Return on Equity Return on Assets
YRC Worldwide-1.40% N/A -4.45%
Covenant Logistics Group 3.82%14.16%6.13%

Covenant Logistics Group has a consensus price target of $68.67, indicating a potential upside of 47.80%. Given YRC Worldwide's higher possible upside, analysts clearly believe Covenant Logistics Group is more favorable than YRC Worldwide.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
YRC Worldwide
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Covenant Logistics Group
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
3.00

Summary

Covenant Logistics Group beats YRC Worldwide on 13 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CVLG 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$607.23M$6.39B$10.10B$7.92B
Dividend Yield0.95%1.01%3.58%3.91%
P/E Ratio14.8921.5520.4317.74
Price / Sales0.551.4422.3391.55
Price / Cash4.769.6316.0330.67
Price / Book1.493.002.234.76
Net Income$55.23M$258.86M$635.50M$214.83M
7 Day Performance-0.43%-1.81%3.39%4.95%
1 Month Performance3.91%2.76%9.50%9.31%
1 Year Performance17.83%6.19%17.09%11.07%

Covenant Logistics Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
YRCW
YRC Worldwide
0 of 5 stars
$7.70
-2.5%
N/A+391.0%$410.26M$4.87B-4.0329,000Gap Down
YELLQ
Yellow
0 of 5 stars
$7.70
-2.5%
N/AN/A$401.39M$5.24B-4.9730,000Gap Down
PTSI
P.A.M. Transportation Services
0.9042 of 5 stars
$17.42
+0.5%
$17.00
-2.4%
-27.8%$383.76M$810.81M28.562,530
HTLD
Heartland Express
2.9652 of 5 stars
$11.42
-1.6%
$13.25
+16.0%
-25.7%$902.52M$1.21B-67.186,320Positive News
ULH
Universal Logistics
0.5845 of 5 stars
$47.04
-1.7%
$46.00
-2.2%
+75.0%$1.24B$1.72B10.279,311Positive News
MRTN
Marten Transport
3.8359 of 5 stars
$18.04
+0.1%
$23.00
+27.5%
-15.8%$1.47B$1.08B25.414,213
WERN
Werner Enterprises
4.3404 of 5 stars
$37.56
-0.2%
$40.83
+8.7%
-16.0%$2.38B$3.28B28.679,929Dividend Announcement
SNCY
Sun Country Airlines
4.101 of 5 stars
$11.57
-0.7%
$19.17
+65.7%
-40.2%$608.70M$1.05B9.482,783
SB
Safe Bulkers
4.1535 of 5 stars
$5.51
-0.4%
$6.00
+8.9%
+56.0%$588.25M$284.40M8.109
PWFL
PowerFleet
4.7908 of 5 stars
$5.45
-0.5%
$8.43
+54.7%
+85.7%$585.06M$133.59M-17.58795Upcoming Earnings

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This page (NASDAQ:CVLG) was last updated on 5/20/2024 by MarketBeat.com Staff

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