Covenant Logistics Group (CVLG) Stock Forecast, Price Target & Predictions
CVLG Stock Rating
Covenant Logistics Group stock's rating consensus is Hold, based on 9 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 4 Buy (44.44%), 5 Hold (55.56%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Hold
CVLG Price Target Upside V Benchmarks
| Type | Name | Upside |
|---|---|---|
| Stock | Covenant Logistics Group | - |
| Sector | Industrials Stocks | 17.81% |
Price Target Trends
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $24.63 | $24.63 | $24.63 |
| Upside/Downside | - | - | - |
Ratings Trends
| Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
|---|---|---|---|---|---|---|
| Mar, 26 | - | 3 | 1 | - | - | 4 |
| Feb, 26 | - | 3 | 1 | - | - | 4 |
| Jan, 26 | - | 3 | 1 | - | - | 4 |
| Dec, 25 | - | 3 | 1 | - | - | 4 |
| Nov, 25 | - | 3 | 1 | - | - | 4 |
Analyst Price Target Forecasts
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|
Analyst Rating Forecasts
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 26, 2024 | Cowen & Co. | Buy | Buy | hold |
| Jun 06, 2024 | Cowen & Co. | Buy | Buy | hold |
| Jan 25, 2024 | Cowen & Co. | Market Perform | Outperform | upgrade |
| Jan 10, 2023 | Wolfe Research | Peer Perform | upgrade | |
| Apr 26, 2022 | Cowen & Co. | Market Perform | downgrade |
Financial Forecast
EPS Forecast
Annual
| Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
|---|---|---|---|---|---|---|---|
| Reported | $1.81 | $3.62 | $2.12 | $1.37 | $0.28 | - | - |
| Avg Forecast | $3.58 | $5.90 | $3.21 | $1.92 | $1.55 | $1.83 | $2.47 |
| High Forecast | $3.69 | $6.08 | $3.28 | $1.94 | $1.58 | $1.86 | $2.52 |
| Low Forecast | $3.50 | $5.77 | $3.15 | $1.91 | $1.52 | $1.79 | $2.42 |
| Surprise % | -49.44% | -38.64% | -33.96% | -28.65% | -81.94% | - | - |
Revenue Forecast
Annual
| Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
|---|---|---|---|---|---|---|---|
| Reported | $1.05B | $1.22B | $1.10B | $1.13B | $1.16B | - | - |
| Avg Forecast | $877.53M | $930.70M | $1.13B | $1.14B | $1.16B | $1.22B | $1.32B |
| High Forecast | $898.37M | $952.80M | $1.15B | $1.14B | $1.17B | $1.25B | $1.33B |
| Low Forecast | $863.07M | $915.36M | $1.11B | $1.14B | $1.16B | $1.21B | $1.29B |
| Surprise % | 19.20% | 30.75% | -2.25% | -0.65% | 0.22% | - | - |
Net Income Forecast
Annual
| Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
|---|---|---|---|---|---|---|---|
| Reported | $60.73M | $108.68M | $55.23M | $35.92M | $7.24M | - | - |
| Avg Forecast | $47.76M | $45.46M | $80.45M | $48.13M | $38.84M | $45.72M | $61.82M |
| High Forecast | $57.31M | $54.55M | $82.06M | $48.61M | $39.62M | $46.63M | $63.06M |
| Low Forecast | $38.21M | $36.36M | $78.84M | $47.65M | $38.07M | $44.80M | $60.58M |
| Surprise % | 27.15% | 139.09% | -31.35% | -25.36% | -81.36% | - | - |