Covenant Logistics Group (CVLG) Competitors

$46.95
+0.85 (+1.84%)
(As of 05/9/2024 ET)

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

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), Safe Bulkers (SB), PowerFleet (PWFL), and Forward Air (FWRD). These companies are all part of the "transportation" sector.

Covenant Logistics Group vs.

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

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

Covenant Logistics Group has higher earnings, but lower revenue 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
Covenant Logistics Group$1.10B0.56$55.23M$3.1215.05
YRC Worldwide$4.87B0.09-$104M-$2.44-3.39

83.7% of Covenant Logistics Group shares are held by institutional investors. Comparatively, 31.1% of YRC Worldwide shares are held by institutional investors. 36.5% of Covenant Logistics Group shares are held by company insiders. Comparatively, 6.4% of YRC Worldwide shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

In the previous week, Covenant Logistics Group had 3 more articles in the media than YRC Worldwide. MarketBeat recorded 3 mentions for Covenant Logistics Group and 0 mentions for YRC Worldwide. Covenant Logistics Group's average media sentiment score of 0.32 beat YRC Worldwide's score of 0.00 indicating that Covenant Logistics Group is being referred to more favorably in the media.

Company Overall Sentiment
Covenant Logistics Group Neutral
YRC Worldwide Neutral

Covenant Logistics Group currently has a consensus target price of $68.67, suggesting a potential upside of 46.25%. Given Covenant Logistics Group's higher possible upside, equities analysts clearly believe Covenant Logistics Group is more favorable than YRC Worldwide.

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

Covenant Logistics Group has a net margin of 3.82% compared to YRC Worldwide's net margin of -1.40%. Covenant Logistics Group's return on equity of 14.30% beat YRC Worldwide's return on equity.

Company Net Margins Return on Equity Return on Assets
Covenant Logistics Group3.82% 14.30% 6.19%
YRC Worldwide -1.40%N/A -4.45%

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

Summary

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

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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$613.64M$6.46B$10.40B$7.78B
Dividend Yield0.97%1.04%3.59%3.96%
P/E Ratio15.0523.1114.1319.04
Price / Sales0.561.4522.9485.27
Price / Cash4.679.528.8028.62
Price / Book1.523.092.084.62
Net Income$55.23M$258.86M$662.73M$217.57M
7 Day Performance3.10%2.98%2.47%0.58%
1 Month Performance3.55%1.43%2.27%-0.70%
1 Year Performance21.57%7.90%15.66%9.12%

Covenant Logistics Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
YRCW
YRC Worldwide
0 of 5 stars
$8.10
-1.8%
N/A+483.1%$431.58M$4.87B-4.2429,000Gap Down
YELLQ
Yellow
0 of 5 stars
$8.10
-1.8%
N/AN/A$422.25M$5.24B-5.2330,000Negative News
PTSI
P.A.M. Transportation Services
0.4947 of 5 stars
$17.16
-0.6%
$17.00
-0.9%
-25.8%$380.32M$771.68M28.132,530
HTLD
Heartland Express
2.9405 of 5 stars
$10.94
+0.4%
$13.25
+21.1%
-24.8%$864.59M$1.21B-64.356,320Positive News
ULH
Universal Logistics
1.762 of 5 stars
$46.05
+1.8%
$46.00
-0.1%
+94.9%$1.21B$1.66B10.059,311Positive News
MRTN
Marten Transport
3.5332 of 5 stars
$17.54
+0.1%
$23.00
+31.1%
-13.0%$1.43B$1.13B24.704,213Dividend Announcement
Positive News
WERN
Werner Enterprises
4.493 of 5 stars
$36.53
-1.1%
$40.83
+11.8%
-17.9%$2.32B$3.28B27.899,929Analyst Downgrade
High Trading Volume
SB
Safe Bulkers
4.2235 of 5 stars
$5.46
+5.2%
$6.00
+9.9%
+51.4%$609.39M$284.40M8.039Gap Down
PWFL
PowerFleet
4.9326 of 5 stars
$5.12
-1.7%
$8.43
+64.6%
+68.6%$552.55M$133.59M-16.52795Upcoming Earnings
Analyst Revision
Positive News
High Trading Volume
FWRD
Forward Air
2.9693 of 5 stars
$20.91
+0.7%
$80.14
+283.3%
-82.5%$551.40M$1.37B3.264,251News Coverage
Gap Down

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This page (NASDAQ:CVLG) was last updated on 5/10/2024 by MarketBeat.com Staff

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