How to buy Covenant Transportation Group stock (CVTI)

Covenant Transportation Group is a trucking business based in the US. Covenant Transportation Group shares (CVTI) are listed on the NASDAQ and all prices are listed in US Dollars. Covenant Transportation Group employs 5,550 staff and has a trailing 12-month revenue of around $888.9 million.

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Covenant Transportation Group stock price (NASDAQ: CVTI)

Use our graph to track the performance of CVTI stocks over time.

Covenant Transportation Group shares at a glance

• Key figures

Information last updated 2021-01-28.

52-week range	$0.00 - $0.00
50-day moving average more info button	$15.70
200-day moving average more info button	$17.00
Wall St. target price	$16.00
PE ratio more info button	146.8421
Dividend yield more info button	N/A
Earnings per share (TTM) more info button	$0.10

Is it a good time to buy Covenant Transportation Group stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Covenant Transportation Group stock undervalued or overvalued?

Valuing Covenant Transportation Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Covenant Transportation Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Covenant Transportation Group's P/E ratio

Covenant Transportation Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 147x. In other words, Covenant Transportation Group shares trade at around 147x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Covenant Transportation Group's PEG ratio

Covenant Transportation Group's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 7.39. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Covenant Transportation Group's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Covenant Transportation Group's EBITDA

Covenant Transportation Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $90.2 million.

The EBITDA is a measure of a Covenant Transportation Group's overall financial performance and is widely used to measure a its profitability.

Covenant Transportation Group financials

Revenue TTM	$888.9 million
Operating margin TTM	1.27%
Gross profit TTM	$186.1 million
Return on assets TTM	0.81%
Return on equity TTM	0%
Profit margin	0.21%
Book value	$19.22
Market Capitalization more info button	$238.4 million

TTM: trailing 12 months

Covenant Transportation Group share dividends

We're not expecting Covenant Transportation Group to pay a dividend over the next 12 months.

Covenant Transportation Group share price volatility

Over the last 12 months, Covenant Transportation Group's shares have ranged in value from as little as $0 up to $0. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Covenant Transportation Group's is 1.4997. This would suggest that Covenant Transportation Group's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Covenant Transportation Group overview

Covenant Transportation Group, Inc. , together with its subsidiaries, provides truckload transportation and brokerage services primarily in the continental United States. It offers expedited and dedicated services. The company also provides ancillary services, including freight brokerage and logistics services, warehousing, and accounts receivable factoring; and over-the-road truckload services, as well as transportation management, shuttle, and switching services. It serves transportation companies, such as freight forwarders, less-than-truckload carriers, and third-party logistics providers; and traditional truckload customers, including manufacturers, retailers, and food and beverage shippers. As of December 31, 2018, the company operated 3,154 tractors and 6,950 trailers. Covenant Transportation Group, Inc.

Frequently asked questions

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What percentage of Covenant Transportation Group is owned by insiders or institutions?
Currently 20.861% of Covenant Transportation Group shares are held by insiders and 73.277% by institutions. How many people work for Covenant Transportation Group?
Latest data suggests 5,550 work at Covenant Transportation Group. When does the fiscal year end for Covenant Transportation Group?
Covenant Transportation Group's fiscal year ends in December. Where is Covenant Transportation Group based?
Covenant Transportation Group's address is: 400 Birmingham Highway, Chattanooga, TN, United States, 37419 What is Covenant Transportation Group's ISIN number?
Covenant Transportation Group's international securities identification number is: US22284P1057 What is Covenant Transportation Group's CUSIP number?
Covenant Transportation Group's Committee on Uniform Securities Identification Procedures number is: 22284P105