Covenant Logistics Group Inc
NASDAQ:CVLG

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Covenant Logistics Group Inc Logo
Covenant Logistics Group Inc
NASDAQ:CVLG
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Price: 42.27 USD -4.34% Market Closed
Market Cap: $1.1B

Wall St Price Targets

CVLG Price Targets Summary
Covenant Logistics Group Inc

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

According to Wall Street analysts, the average 1-year price target for CVLG is 35.7 USD with a low forecast of 35.35 USD and a high forecast of 36.75 USD.

Lowest Forecast
Price Target
35.35 USD
16% Downside
Average Forecast
Price Target
35.7 USD
16% Downside
Highest Forecast
Price Target
36.75 USD
13% Downside
Covenant Logistics Group Inc Competitors:
Price Targets
QOR
Qoria Ltd
126% Upside
BD6
Bourse Direct SA
17% Upside
PARAUCO
Parque Arauco SA
10% Upside

Revenue
Forecast

4% / Year
Past Growth
9% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss
4% / Year
Past Growth
9% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Over the last 13 years, the compound annual growth rate for Revenue has been 4%. The projected CAGR for the next 2 years is 9%.

Gross Profit
Forecast

5% / Year
Past Growth
N/A
Estimated Growth
N/A
Estimates Accuracy
N/A
Average Beat/Miss
5% / Year
Past Growth
N/A
Estimated Growth
N/A
Estimates Accuracy
N/A
Average Beat/Miss
Gross Profit Forecast
is not available for Covenant Logistics Group Inc

Operating Income
Forecast

-1% / Year
Past Growth
108% / Year
Estimated Growth
Estimates Accuracy
-30%
Average Miss
-1% / Year
Past Growth
108% / Year
Estimated Growth
Estimates Accuracy
-30%
Average Miss

Over the last 13 years, the compound annual growth rate for Operating Income has been -1%. The projected CAGR for the next 2 years is 108%.

Pre-Tax Income
Forecast

-6% / Year
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-22%
Average Miss
-6% / Year
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-22%
Average Miss

Over the last 13 years, the compound annual growth rate for Pre-Tax Income has been -6%.

Net Income
Forecast

1% / Year
Past Growth
205% / Year
Estimated Growth
Estimates Accuracy
-19%
Average Miss
1% / Year
Past Growth
205% / Year
Estimated Growth
Estimates Accuracy
-19%
Average Miss

Over the last 13 years, the compound annual growth rate for Net Income has been 1%. The projected CAGR for the next 2 years is 205%.

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 you see on other sites is mostly sourced from sell-side analysts.

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

According to Wall Street analysts, the average 1-year price target for CVLG is 35.7 USD with a low forecast of 35.35 USD and a high forecast of 36.75 USD.

What is the Revenue forecast for Covenant Logistics Group Inc?
Projected CAGR
9%

Over the last 13 years, the compound annual growth rate for Revenue has been 4%. The projected CAGR for the next 2 years is 9%.

What is the Operating Income forecast for Covenant Logistics Group Inc?
Projected CAGR
108%

Over the last 13 years, the compound annual growth rate for Operating Income has been -1%. The projected CAGR for the next 2 years is 108%.

What is the Net Income forecast for Covenant Logistics Group Inc?
Projected CAGR
205%

Over the last 13 years, the compound annual growth rate for Net Income has been 1%. The projected CAGR for the next 2 years is 205%.

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