Covenant Logistics Group, Inc. (CVLG) Social Stream



Covenant Logistics Group, Inc. (CVLG): $47.40

0.86 (+1.85%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

D

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Industry: Trucking Freight

Industry

F

Ranked

#7 of 17

in industry

COVENANT LOGISTICS GROUP INC (CVLG) Price Targets From Analysts

The tables below show the price targets and recommendations analysts covering CVLG.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
2021-11-01 3 $43 $28 $36 $46.94 -23.31%
2022-01-06 3 $43 $23 $32.75 $46.94 -30.23%
2022-01-31 3 $40 $23 $31.5 $46.94 -32.89%
2022-02-01 3 $40 $23 $30.75 $46.94 -34.49%
2022-03-01 3 $40 $23 $29.75 $46.94 -36.62%
2022-04-01 3 $40 $23 $28.5 $46.94 -39.28%
2022-04-05 3 $40 $20 $27.75 $46.94 -40.88%
2022-04-29 3 $26 $20 $23 $46.94 -51%
2022-05-02 3 $25 $20 $22.5 $46.94 -52.07%
2022-06-01 3 $25 $20 $22.75 $46.94 -51.53%
2022-06-23 3 $25 $20 $23 $46.94 -51%
2022-07-27 3 $31.5 $20 $26.375 $46.94 -43.81%
2022-08-01 3 $35 $20 $28.875 $46.94 -38.49%
2022-10-24 3 $38 $20 $31.5 $46.94 -32.89%
2022-11-01 3 $40 $20 $32.75 $46.94 -30.23%
2023-01-27 3 $40 $20 $32.25 $46.94 -31.3%
2023-02-02 3 $42 $20 $32.75 $46.94 -30.23%
2023-03-01 3 $39 $20 $32 $46.94 -31.83%
2023-05-01 3 $40 $37 $38.666 $46.94 -17.63%
2023-05-02 3 $63 $37 $46.666 $46.94 -0.58%
2023-06-01 2 $63 $40 $51.5 $46.94 9.71%
2023-07-12 2 $63 $39 $51 $46.94 8.65%
2023-10-04 2 $70 $54 $62 $46.94 32.08%
2023-11-01 2 $70 $50 $60 $46.94 27.82%
2023-12-21 2 $70 $51 $60.5 $46.94 28.89%

The Trend in the Analyst Price Target


Over the past 22 months, CVLG's average price target has gone up $30.75.

CVLG reports an average of 16.29% for its upside potential over the past 47 weeks.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2023-03-01 3 39 20 32.000 35.11 -8.86%
2023-03-01 2 39 20 32.000 35.11 -8.86%
2023-05-02 2 63 37 46.666 41.47 12.53%
2023-11-01 2 70 50 60.000 39.13 53.34%
2023-12-21 2 70 51 60.500 45.01 34.41%

CVLG Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
2 1 0 1 0 0 2

The Trend in the Broker Recommendations


Over the past 30 months, CVLG's average broker recommendation rating improved by 0.

The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for CVLG as an investment opportunity.

  • CVLG has a higher number of analysts covering the stock than 163.92% of all US stocks.
  • In terms of how COVENANT LOGISTICS GROUP INC fares relative to all US stocks, note that its upside potential (average analyst target price relative to current price) is higher than 344.36% of that group.
  • In the context of stocks in the small market cap category, COVENANT LOGISTICS GROUP INC's average analyst price target is higher than 2008.88% of them.
  • In terms of how COVENANT LOGISTICS GROUP INC fares relative to Industrials stocks, note that its variance in analysts' estimates is lower than -1277.12% of that group.

Stocks similar to COVENANT LOGISTICS GROUP INC in the Transportation industry regarding analyst recommendations and price targets are MRTN, PTSI, and JYD.

What is the outlook for CVLG? Use POWR Ratings for clearer insight into price direction.


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