Covenant Logistics Group (CVLG)
(Real Time Quote from BATS)
$51.43 USD
+1.17 (2.33%)
Updated Aug 8, 2024 12:08 PM ET
2-Buy of 5 2
A Value B Growth D Momentum A VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
CVLG 51.43 +1.17(2.33%)
Will CVLG be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for CVLG based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for CVLG
Are Investors Undervaluing Covenant Logistics Group (CVLG) Right Now?
Here's Why Momentum in Covenant Logistics (CVLG) Should Keep going
CVLG: What are Zacks experts saying now?
Zacks Private Portfolio Services
Covenant Logistics (CVLG) Ascends While Market Falls: Some Facts to Note
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Other News for CVLG
Insider Selling: Director Herbert Schmidt Sells 21,000 Shares of Covenant Logistics Group Inc (CVLG)
Covenant Logistics Shifts Stock Listing to NYSE
Covenant Logistics Group Announces Move to New York Stock Exchange
Covenant Logistics announces listing move to NYSE
Covenant Logistics price target raised by $5 at TD Cowen, here's why