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CVLG
Stock ticker: NYSE
AS OF
Dec 18, 12:43 PM (EDT)
Price
$57.17
Change
+$0.47 (+0.83%)
Capitalization
747.29M

CVLG stock forecast, quote, news & analysis

CVLG
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
A.I.Advisor
a Summary for CVLG with price predictions
Dec 17, 2024

CVLG's RSI Oscillator recovers from overbought zone

The 10-day RSI Oscillator for CVLG moved out of overbought territory on November 14, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 40 instances where the indicator moved out of the overbought zone. In of the 40 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 13, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on CVLG as a result. In of 88 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for CVLG turned negative on November 21, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CVLG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

CVLG broke above its upper Bollinger Band on December 11, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CVLG advanced for three days, in of 334 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 286 cases where CVLG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 59, placing this stock better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. CVLG’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.732) is normal, around the industry mean (2.853). P/E Ratio (19.091) is within average values for comparable stocks, (84.174). CVLG's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (2.357). Dividend Yield (0.008) settles around the average of (0.015) among similar stocks. P/S Ratio (0.699) is also within normal values, averaging (3.502).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

A.I.Advisor
published Dividends

CVLG is expected to pay dividends on December 27, 2024

Covenant Logistics Group Inc CVLG Stock Dividends
A dividend of $0.11 per share will be paid with a record date of December 27, 2024, and an ex-dividend date of December 06, 2024. The last dividend of $0.11 was paid on September 27. Read more...
A.I.Advisor
published Highlights

Industry description

The trucking industry provides road transportation delivery and logistical services, including moving large quantities of raw materials, works in process, and finished goods —often from manufacturing plants to retail distribution centers. Trucks are also used in the construction industry, as they transport large amounts of rocks, concrete, and other building materials used in construction. Trucks in the U.S. are responsible for the majority of freight movement over land, and therefore play an important role in the manufacturing, transportation, and warehousing industries. The business could be affected by economic cycles, since it is closely linked with manufacturing, retail and construction. Some of the major trucking companies in the U.S. are Old Dominion Freight Line, Inc., J.B. Hunt Transport Services, Inc., and XPO Logistics, Inc.

Market Cap

The average market capitalization across the Trucking Industry is 5.49B. The market cap for tickers in the group ranges from 221.05K to 42.48B. ODFL holds the highest valuation in this group at 42.48B. The lowest valued company is MGUY at 221.05K.

High and low price notable news

The average weekly price growth across all stocks in the Trucking Industry was 1%. For the same Industry, the average monthly price growth was 8%, and the average quarterly price growth was 7%. YELLQ experienced the highest price growth at 96%, while RRTS experienced the biggest fall at -8%.

Volume

The average weekly volume growth across all stocks in the Trucking Industry was 7%. For the same stocks of the Industry, the average monthly volume growth was 16% and the average quarterly volume growth was 22%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 63
P/E Growth Rating: 49
Price Growth Rating: 52
SMR Rating: 79
Profit Risk Rating: 59
Seasonality Score: -1 (-100 ... +100)
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CVLG
Daily Signalchanged days ago
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A.I. Advisor
published General Information

General Information

a holding company, which engages in the provision of freight and logistics services

Industry Trucking

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