CVLG Stock Recent News

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

We have screened value stocks CVLG, GPI, UFPI, PAGP and MPAA based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.

Covenant Logistics Group, Inc. (NASDAQ:CVLG ) Q2 2023 Earnings Conference Call July 28, 2023 10:00 AM ET Company Participants Tripp Grant - Executive Vice President and Chief Financial Officer Paul Bunn - President and Chief Operating Officer David Parker - Founder and CEO Conference Call Participants Jason Seidl - TD Cowen Scott Group - Wolfe Research, LLC Jack Atkins - Stephens Barry Haimes - Sage Asset Management Operator Welcome to today's Covenant Logistics Group Second Quarter Earnings Release Conference Call. Our host for today's call is Tripp Grant.

Here is how Covenant Logistics (CVLG) and Danaos (DAC) have performed compared to their sector so far this year.

Covenant Logistics Group, a US-based logistics and transportation company, operates in four segments: Expedited, Dedicated, Managed Freight, and Warehousing. It serves various carriers and regular truckload clients. The company has a market cap of $570.82 million and a solid return on invested capital of 7%. It pays a dividend of 0.86%, showing financial strength even during cyclical declines in the trucking industry. Covenant Logistics has implemented a strategic acquisition strategy for growth and expansion, with a notable acquisition being Landair Holdings in 2018, which brought significant revenue growth.

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.

CHATTANOOGA, Tenn., July 03, 2023 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (Nasdaq/GS: CVLG) announced its plans to release its second quarter earnings after 4:00 p.m. Eastern Time on Wednesday, July 26, 2023. Covenant Logistics Group, Inc. will hold a live conference call to discuss its second quarter earnings release on Thursday, July 27, 2023, at 10:00 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.covenantlogistics.com/investors under “Earnings Info.”

CVLG, UFPI and MDWT made it to the Zacks Rank #1 (Strong Buy) value stocks list on June 26, 2023.

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

Covenant Logistics (CVLG) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.