Covenant Logistics Group, Stock Net Income
| CVLG Stock | USD 23.27 0.88 3.64% |
Fundamental analysis of Covenant Logistics allows traders to better anticipate movements in Covenant Logistics' stock price by examining its financial health and performance throughout various phases of its business cycle.
| Last Reported | Projected for Next Year | ||
| Net Income | 35.9 M | 37.7 M | |
| Net Income From Continuing Ops | 35.3 M | 44.5 M | |
| Net Income Applicable To Common Shares | 125 M | 131.2 M | |
| Net Income Per Share | 1.37 | 1.43 | |
| Net Income Per E B T | 0.78 | 0.53 |
Covenant | Net Income | Build AI portfolio with Covenant Stock |
Covenant Logistics Group, Company Net Income Analysis
Covenant Logistics' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Covenant Logistics Net Income | 35.92 M |
Most of Covenant Logistics' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Covenant Logistics Group, is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Covenant Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Covenant Logistics is extremely important. It helps to project a fair market value of Covenant Stock properly, considering its historical fundamentals such as Net Income. Since Covenant Logistics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Covenant Logistics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Covenant Logistics' interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Covenant Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Covenant Logistics Group, reported net income of 35.92 M. This is 86.15% lower than that of the Ground Transportation sector and 83.51% lower than that of the Industrials industry. The net income for all United States stocks is 93.71% higher than that of the company.
Covenant Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Covenant Logistics' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Covenant Logistics could also be used in its relative valuation, which is a method of valuing Covenant Logistics by comparing valuation metrics of similar companies.Covenant Logistics is currently under evaluation in net income category among its peers.
Covenant Logistics ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Covenant Logistics' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Covenant Logistics' managers, analysts, and investors.Environmental | Governance | Social |
Covenant Logistics Institutional Holders
Institutional Holdings refers to the ownership stake in Covenant Logistics that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Covenant Logistics' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Covenant Logistics' value.| Shares | Bridgeway Capital Management, Llc | 2025-03-31 | 343.6 K | Royce & Associates, Lp | 2025-03-31 | 260.6 K | Next Century Growth Investors Llc | 2025-03-31 | 198.4 K | Goldman Sachs Group Inc | 2025-03-31 | 179.3 K | Jacobs Levy Equity Management, Inc. | 2025-03-31 | 176.1 K | Empowered Funds, Llc | 2025-03-31 | 172.8 K | Charles Schwab Investment Management Inc | 2025-03-31 | 168.9 K | Northern Trust Corp | 2025-03-31 | 166.6 K | Two Sigma Advisers, Llc | 2025-03-31 | 152.9 K | Blackrock Inc | 2025-03-31 | 2.2 M | Dimensional Fund Advisors, Inc. | 2025-03-31 | 1.5 M |
Covenant Fundamentals
| Return On Equity | 0.0895 | ||||
| Return On Asset | 0.038 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 884.89 M | ||||
| Shares Outstanding | 21.86 M | ||||
| Shares Owned By Insiders | 26.20 % | ||||
| Shares Owned By Institutions | 66.75 % | ||||
| Number Of Shares Shorted | 128.54 K | ||||
| Price To Earning | 7.43 X | ||||
| Price To Book | 1.39 X | ||||
| Price To Sales | 0.56 X | ||||
| Revenue | 1.13 B | ||||
| Gross Profit | 265.18 M | ||||
| EBITDA | 146 M | ||||
| Net Income | 35.92 M | ||||
| Cash And Equivalents | 4.46 M | ||||
| Cash Per Share | 0.31 X | ||||
| Total Debt | 296.89 M | ||||
| Debt To Equity | 0.31 % | ||||
| Current Ratio | 1.15 X | ||||
| Book Value Per Share | 16.71 X | ||||
| Cash Flow From Operations | 122.89 M | ||||
| Short Ratio | 3.65 X | ||||
| Earnings Per Share | 1.31 X | ||||
| Price To Earnings To Growth | 1.24 X | ||||
| Target Price | 33.0 | ||||
| Number Of Employees | 3.1 K | ||||
| Beta | 1.45 | ||||
| Market Capitalization | 641.32 M | ||||
| Total Asset | 997.57 M | ||||
| Retained Earnings | 278.13 M | ||||
| Working Capital | 32.57 M | ||||
| Annual Yield | 0.01 % | ||||
| Net Asset | 997.57 M | ||||
| Last Dividend Paid | 0.11 |
About Covenant Logistics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Covenant Logistics Group,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Covenant Logistics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Covenant Logistics Group, based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Currently Active Assets on Macroaxis
| USOI | Credit Suisse X Links | |
| ULTY | Tidal Trust II | |
| CONY | YieldMax N Option | |
| BCAT | BlackRock Capital Allocation | |
| PDI | Pimco Dynamic Income |
Check out Covenant Logistics Piotroski F Score and Covenant Logistics Altman Z Score analysis. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Covenant Logistics. If investors know Covenant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Covenant Logistics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.18) | Dividend Share 0.11 | Earnings Share 1.31 | Revenue Per Share | Quarterly Revenue Growth 0.053 |
The market value of Covenant Logistics Group, is measured differently than its book value, which is the value of Covenant that is recorded on the company's balance sheet. Investors also form their own opinion of Covenant Logistics' value that differs from its market value or its book value, called intrinsic value, which is Covenant Logistics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Covenant Logistics' market value can be influenced by many factors that don't directly affect Covenant Logistics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Covenant Logistics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Covenant Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Covenant Logistics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.