RankAlpha logo
Back to Rankings

CVLG

Covenant Logistics GroupB
NYSE / Transportation
Last Price
At close
2026-06-02
View Chart
Current thesis
Improved load factors, successful contract renewals, and disciplined fleet optimization drive EBITDA margin expansion and stronger free‑cash‑flow conversion. Sustained execution and stable spot pricing would likely trigger multiple expansion and push the stock toward the bull target within the upper range of published analyst outcomes.
Posture
Constructive
Lead driver
Momentum
What changed
Momentum remains the lead driver in the composite, 7D delta +2.9.
What can break
Broader macroeconomic slowdown reducing freight volumes
Momentum
89
Value
47
Sentiment
36
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $30.00 · Bull $36.00 · Bear $22.63
Data freshness
Prices
As of 2026-06-02
Fundamentals
As of 2026-06-02 • Vendor: Data Vendor v1
Scores
As of 2026-06-02 • Model: HYBRID_IC_RP
AI Memo
As of 2026-01-30 • Model: RankAlpha Sentiment AI
Investment thesis
As of 2026-06-02
Supporting evidence
What
Grade B · Constructive
Confidence Medium · Net Neutral
Target $31.67
Why
Momentum89 · Δ7d +2.9
Value47 · Δ7d -0.4
Sentiment36 · Δ7d -4.6
So what
Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.
Lead driver: Momentum · See technicals
Momentum
89
34% active weight
Current posture
7d trendFlat
Δ7d
+2.9
Δ21d
+6.3
Value
47
32% active weight
Current posture
7d trendFlat
Δ7d
-0.4
Δ21d
-2.1
Sentiment
36
33% active weight
Current posture
7d trendSoftening
Δ7d
-4.6
Δ21d
-12.3
Why this grade

Composite grade B. Momentum 89.1 / Value 47.3 / Sentiment 36.2

Fundamentals (TTM)
As of 2026-06-02
Market Cap
$1.05B
Beta
1.22
Shares Out
25.05M
P/E (TTM)
21.8
P/S (TTM)
0.51
P/FCF (TTM) · Derived
-30.82
Rev YoY
+3.1%
EPS YoY
-48.6%
Gross Margin
+66.9%
Op Margin
+3.1%
Net Debt
$219.62M
Current Ratio
1.01
As of 2026-06-02 • Updated nightlySource: Internal modelMethodology