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Covenant Logistics Group Inc
NASDAQ:CVLG

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Covenant Logistics Group Inc Logo
Covenant Logistics Group Inc
NASDAQ:CVLG
Watchlist
Price: 45.21 USD 0.69%
Updated: Apr 29, 2024

Wall Street
Price Targets

CVLG Price Targets Summary
Covenant Logistics Group Inc

Wall Street analysts forecast CVLG stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for CVLG is 66.3 USD with a low forecast of 60.6 USD and a high forecast of 73.5 USD.

Lowest
Price Target
60.6 USD
34% Upside
Average
Price Target
66.3 USD
47% Upside
Highest
Price Target
73.5 USD
63% Upside
Covenant Logistics Group Inc Competitors:
Price Targets
9075
Fukuyama Transporting Co Ltd
4% Upside
RXO
RXO Inc
7% Upside
UBER
Uber Technologies Inc
30% Upside
VRLLOG
VRL Logistics Ltd
33% Upside
ODFL
Old Dominion Freight Line Inc
20% Upside
C52
Comfortdelgro Corporation Ltd
11% Upside
LYFT
Lyft Inc
3% Upside
LSTR
Landstar System Inc
0% Downside

Revenue
Forecast

Revenue Estimate
Covenant Logistics Group Inc

For the last 8 years the compound annual growth rate for Covenant Logistics Group Inc's revenue is 5%. The projected CAGR for the next 2 years is 7%.

5%
Past Growth
7%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Covenant Logistics Group Inc

For the last 8 years the compound annual growth rate for Covenant Logistics Group Inc's operating income is -5%. The projected CAGR for the next 2 years is 35%.

-5%
Past Growth
35%
Estimated Growth
Estimates Accuracy
-15%
Average Miss

Net Income
Forecast

Net Income Estimate
Covenant Logistics Group Inc

For the last 8 years the compound annual growth rate for Covenant Logistics Group Inc's net income is 3%. The projected CAGR for the next 2 years is 11%.

3%
Past Growth
11%
Estimated Growth
Estimates Accuracy
39%
Average Beat

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is CVLG's stock price target?
Price Target
66.3 USD

According to Wall Street analysts, the average 1-year price target for CVLG is 66.3 USD with a low forecast of 60.6 USD and a high forecast of 73.5 USD.

What is Covenant Logistics Group Inc's Revenue forecast?
Projected CAGR
7%

For the last 8 years the compound annual growth rate for Covenant Logistics Group Inc's revenue is 5%. The projected CAGR for the next 2 years is 7%.

What is Covenant Logistics Group Inc's Operating Income forecast?
Projected CAGR
35%

For the last 8 years the compound annual growth rate for Covenant Logistics Group Inc's operating income is -5%. The projected CAGR for the next 2 years is 35%.

What is Covenant Logistics Group Inc's Net Income forecast?
Projected CAGR
11%

For the last 8 years the compound annual growth rate for Covenant Logistics Group Inc's net income is 3%. The projected CAGR for the next 2 years is 11%.