CVLG Stock Recent News

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Covenant Logistics (CVLG) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

The mean of analysts' price targets for Covenant Logistics (CVLG) points to a 31.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Covenant Logistics Group, Inc. (CVLG) Q4 2023 Earnings Call Transcript

Covenant Logistics (CVLG) concluded the recent trading session at $46.29, signifying a -1.38% move from its prior day's close.

In the most recent trading session, Covenant Logistics (CVLG) closed at $43.90, indicating a +1.69% shift from the previous trading day.

CHATTANOOGA, Tenn., Jan. 02, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (Nasdaq/GS: CVLG) announced its plans to release its fourth quarter earnings after 4:00 p.m. Eastern time on Tuesday, January 23, 2024. Covenant Logistics Group, Inc. will hold a live conference call to discuss its fourth quarter earnings release on Wednesday, January 24, 2024, at 9:00 a.m. Eastern time. Individuals with questions may dial in at 877-550-1505 (U.S./Canada) and 0800-524-4760 (International). An audio replay will be available for one week following the call at 800-645-7964, access code 3895#. In addition, you will be able to listen to the audio replay for an extended period of time on our investor website, under the icon "Audio Archives". For additional financial and statistical information regarding the Company that may be discussed during the conference call, please visit our website at www .c o venantlogistics.com/investors  under “Earnings Info.”

In the closing of the recent trading day, Covenant Logistics (CVLG) stood at $46.04, denoting a -1.05% change from the preceding trading day.

The latest trading day saw Covenant Logistics (CVLG) settling at $46.53, representing a +0.98% change from its previous close.

In the latest trading session, Covenant Logistics (CVLG) closed at $45.30, marking a +0.64% move from the previous day.