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CVLG
Stock ticker: NYSE
AS OF
Jan 14, 04:59 PM (EDT)
Price
$27.12
Change
+$0.39 (+1.46%)
Capitalization
716.18M

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
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A.I.Advisor
a Summary for CVLG with price predictions
Jan 08, 2025

CVLG's RSI Oscillator ascends from oversold territory

The RSI Indicator for CVLG moved out of oversold territory on December 20, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 26 similar instances when the indicator left oversold territory. In of the 26 cases the stock moved higher. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

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

The Momentum Indicator moved above the 0 level on January 08, 2025. You may want to consider a long position or call options on CVLG as a result. In of 91 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CVLG advanced for three days, in of 335 cases, the price rose further within the following month. The odds of a continued upward trend are .

CVLG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

CVLG moved below its 50-day moving average on January 06, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for CVLG crossed bearishly below the 50-day moving average on December 27, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

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 .

The Aroon Indicator for CVLG entered a downward trend on December 20, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

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 62, 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 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 (1.659) is normal, around the industry mean (2.582). P/E Ratio (18.296) is within average values for comparable stocks, (82.034). CVLG's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (2.155). Dividend Yield (0.008) settles around the average of (0.016) among similar stocks. P/S Ratio (0.670) is also within normal values, averaging (3.301).

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

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 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 paid dividends on December 27, 2024

Covenant Logistics Group Inc CVLG Stock Dividends
А dividend of $0.33 per share was paid with a record date of December 27, 2024, and an ex-dividend date of December 06, 2024. 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 4.98B. The market cap for tickers in the group ranges from 221.05K to 39.2B. ODFL holds the highest valuation in this group at 39.2B. 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 3%. For the same Industry, the average monthly price growth was 26%, and the average quarterly price growth was 0%. YELLQ experienced the highest price growth at 94%, while NXTN experienced the biggest fall at -75%.

Volume

The average weekly volume growth across all stocks in the Trucking Industry was -22%. For the same stocks of the Industry, the average monthly volume growth was 18% and the average quarterly volume growth was -31%

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: 51
Price Growth Rating: 60
SMR Rating: 77
Profit Risk Rating: 61
Seasonality Score: 19 (-100 ... +100)
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CVLG
Daily Signalchanged days ago
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published General Information

General Information

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

Industry Trucking

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