Covenant Logistics Group, Inc. (CVLG) Stock Forecast & Price Target
Covenant Logistics Group, Inc. · NYSE
$43.33-1.62 (-3.60%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 2 firms covering Covenant Logistics Group, Inc, 2 rate it Buy or better, 0 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets are tightly clustered, $60.00 to $60.00, so the covering firms are broadly aligned. The average target of $60.00 sits 38% above the current $43.33. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 1 to 2 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.52 next quarter toward $2.86 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS2 ratings
Moderate Buy
Strong Buy00%
Buy2100%
Hold00%
Sell00%
Strong Sell00%
Based on 2 analysts giving stock ratings to Covenant Logistics Group, Inc.
As of Jul, 2 of 2 firms rate CVLG a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
CVLG EPS & revenue forecast
EPS · NEXT QUARTER
$0.52
Range $0.49 – $0.57 · 4 analysts · +19% YoY
Next period, 4 analysts expect Covenant Logistics Group, Inc. to earn $0.52 a share (range $0.49 – $0.57), versus $0.44 a year earlier. Full-year consensus is $1.76, growing to $2.86 the year after.
REVENUE · NEXT QUARTER
$336.1M
Range $335.7M – $336.6M · 4 analysts · +13% YoY
Revenue is expected to reach $336.1M (range $335.7M – $336.6M), +13.2% year-over-year. Full-year consensus is $1.3B, rising to $1.4B next year.
Top analysts covering Covenant Logistics Group, Inc.
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on CVLG.
#1
Daniel Imbro
Stephens & Co. · Rank #174
Buy
$36.00-16.9% to target
Overall win rate
41%
+ Follow
#2
JA
Jack Atkins
Stephens & Co.
Buy
$60.00+38.5% to target
Coverage
—
+ Follow
#3
JH
Jason H. Seidl
TD Cowen
Buy
$69.00+59.2% to target
Coverage
—
+ Follow
CVLG stock forecast FAQ
What is CVLG's average 12-month price target?+
The 2 analysts with a live target average $60.00 for Covenant Logistics Group, Inc. over the next 12 months, ranging from a $60.00 high to a $60.00 low.
Is CVLG stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 2 analyst ratings, 2 are Buy or Strong Buy, 0 are Hold, and 0 are Sell or Strong Sell.
How many Wall Street analysts cover CVLG?+
2 analysts have an active rating on Covenant Logistics Group, Inc., and 2 firms carry a live 12-month price target.
Who is the most accurate analyst covering CVLG?+
Among analysts who currently cover CVLG, Daniel Imbro of Stephens & Co. has the strongest overall Quantellect track record (Rank #174). Their current call is Buy with a $36.00 target.
What is Covenant Logistics Group, Inc.'s projected EPS for next quarter?+
The consensus estimate is $0.52 per share (range $0.49 – $0.57) across 4 analysts. Full-year EPS is projected at $1.76, rising to $2.86 the following year.
How much revenue is Covenant Logistics Group, Inc. expected to report next quarter?+
Consensus revenue is $336.1M (range $335.7M – $336.6M). Full-year revenue is projected at $1.3B, growing to $1.4B next year.
Have analysts been upgrading or downgrading CVLG lately?+
As of Jul, 2 of 2 firms rate CVLG a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their CVLG calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.