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Covenant Logistics Group (CVLG)

(Delayed Data from NSDQ)

$48.61 USD

48.61
63,440

+0.25 (0.52%)

Updated Jun 26, 2024 04:00 PM ET

After-Market: $48.70 +0.09 (0.19%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value B Growth C Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 5% (238 out of 250)

Industry: Transportation - Truck

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Zacks News

United Airlines (UAL) Announces Huge Boeing & Airbus Jet Order

by Zacks Equity Research

United Airlines (UAL) announces the purchase of 200 Boeing 737 MAX and 70 Airbus A321neo jets as it prepares to take advantage of the continued recovery in air-travel demand.

Ryanair (RYAAY) Boosts Capacity on Flights to Malta & Balearics

by Zacks Equity Research

Ryanair (RYAAY) adds 200,000 seats on flights from the United Kingdom to the green-listed places of Malta and the Balearics.

How Covenant Logistics (CVLG) Stock Stands Out in a Strong Industry

by Zacks Equity Research

Covenant Logistics (CVLG) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

FedEx (FDX) Misses on Q4 Earnings, Shares Fall More Than 4%

by Zacks Equity Research

Despite FedEx's (FDX) fourth-quarter fiscal 2021 earnings missing estimates, its bottom line surged approximately 98% year over year, driven by higher revenues across all segments.

Ryanair (RYAAY) Sees Improved Bookings for Summer Travel

by Zacks Equity Research

With bookings having recovered significantly over the past few weeks, Ryanair (RYAAY) witnesses growing traffic to summer holiday destinations despite coronavirus-led restrictions.

Southwest (LUV) Picks Veteran Jordan to Succeed Kelly as CEO

by Zacks Equity Research

Southwest (LUV) announces a top-management leadership transition, set to take place in 2022, as it prepares to recover from the pandemic-led woes.

Delta (DAL) Expands Codeshare Agreement With Kenya Airways

by Zacks Equity Research

With air-travel demand continuing to improve, Delta's (DAL) expanded codeshare agreement with Kenya Airways, offering customers wider options to travel to destinations in Africa, is prudent.

Southwest (LUV) Grapples With Flight Cancellations & Delays

by Zacks Equity Research

Southwest (LUV) faces a setback during the presumably busy summer travel period, canceling and delaying hundreds of flights for the third consecutive day due to technical issues.

FedEx (FDX) & Nuro Pair Up to Test Autonomous Delivery Vehicles

by Zacks Equity Research

FedEx's (FDX) growing portfolio of autonomous delivery services is encouraging, given the surge in demand for last-mile deliveries.

FedEx (FDX) Rewards Shareholders With 15% Dividend Hike

by Zacks Equity Research

With FedEx (FDX) benefiting significantly from higher volumes owing to the coronavirus-driven surge in e-commerce demand, the company's commitment to reward its shareholders is encouraging.

Copa Holdings (CPA) May Traffic, Capacity Fall From 2019 Level

by Zacks Equity Research

Copa Holdings' (CPA) May traffic and capacity declines 58% and 53.4% from the comparable period in 2019, respectively. However, the same represents an improvement from the April traffic report.

United Airlines (UAL) Spares Flight Attendants From Furloughs

by Zacks Equity Research

With air-travel demand continuing to improve, United Airlines (UAL) decides against furloughing flight attendants and several other workers in October, once the third round of payroll support expires.

J.B. Hunt (JBHT) Teams Up With Waymo to Test Autonomous Trucks

by Zacks Equity Research

J.B. Hunt (JBHT) partners with Waymo to test run autonomous freight transportation between Houston and Fort Worth in Texas.

Kaustav Ghosh headshot

5 Stocks to Gain as E-commerce Boosts Demand for Logistics

by Kaustav Ghosh

The logistics industry seems set for growth in the future as well, thanks to the boost it is receiving from e-commerce, making it wise to invest in names like Covenant Logistics (CVLG) and Matson (MATX).

Here's Why You Should Add FedEx (FDX) to Your Portfolio Now

by Zacks Equity Research

FedEx (FDX) is benefiting from robust performance of its Ground segment owing to residential delivery volume growth. Its solid cash position is an added positive.

JetBlue (JBLU) Improves Q2 Revenue View on Enhanced Bookings

by Zacks Equity Research

JetBlue (JBLU) improves Q2 revenue guidance on seeing an uptick in bookings in recent weeks, thanks to continued recovery in air-travel demand.

Gol Linhas (GOL) to Acquire Domestic Airline MAP for R$28M

by Zacks Equity Research

Gol Linhas' (GOL) impending acquisition of MAP is expected to expand the former's domestic network with notable growth at Sao Paulo's Congonhas Airport.

Southwest (LUV) Bumps Up Boeing 737 MAX 7 Order by 34 Planes

by Zacks Equity Research

Southwest's (LUV) move to increase its Boeing 737 MAX 7 order is aimed at capitalizing on the continued improvement in air-travel demand.

The Zacks Analyst Blog Highlights: Landstar System, Covenant Logistics, Old Dominion Freight Line and J.B. Hunt Transport Services

by Zacks Equity Research

The Zacks Analyst Blog Highlights: Landstar System, Covenant Logistics, Old Dominion Freight Line and J.B. Hunt Transport Services

Eshani Haque headshot

4 Trucking Stocks to Buy as Freight Scene Continues to Improve

by Eshani Haque

With the freight scenario continuing to improve and trucking rates rising, stocks like Landstar (LSTR), Covenant Logistics (CVLG), Old Dominion (ODFL) and J.B. Hunt (JBHT) should continue to benefit.

Sejuti Banerjea headshot

Is the Recovery Priced In?

by Sejuti Banerjea

It is the uncertainties that create opportunities for the watchful.

Covenant Logistics (CVLG) Sees Hammer Chart Pattern: Time to Buy?

by Zacks Equity Research

Covenant Logistics Group (CVLG) has been struggling lately, but the selling pressure may be coming to an end soon

CSX's Board Clears Stock Split to Attract More Investors

by Zacks Equity Research

As a result of the stock split, the regular quarterly dividend of 28 cents per share to be paid out by CSX on Jun 15, will remain unaffected.

Alaska Air (ALK) Arm to Ramp-Up Services at Paine Field

by Zacks Equity Research

Alaska Air's (ALK) unit Alaska Airlines plans to boost services at Paine Field to 13 daily departures this fall, gradually moving up to the full allotment of 18 by spring 2022 or earlier.

American Airlines (AAL) Slips Despite Upbeat May Bookings

by Zacks Equity Research

With strong summer bookings, American Airlines (AAL) has generated cash in May for the first time since the start of the coronavirus pandemic.