David Parker - Covenant Logistics Chairman of the Board, Chief Executive Officer

CV5 Stock  EUR 53.00  1.00  1.92%   

Chairman

Mr. David R. Parker is the Chairman of the Board, Chief Executive Officer of Covenant Transportation Group Inc. From our founding in 1985 to February 2016 Mr. Parker served as our President. Mr. Parker is a past director of the Truckload Carriers Association and currently serves on the board of directors of the American Trucking Associations. Since March 2012, Mr. Parker has served as a member of the Trade and Transportation Advisory Council of the Federal Reserve Bank of Atlanta. Mr. Parker has also served as a director or in similar capacities of several religious and civic organizations and serves as general partner of the Parker Limited Family Partnership. The Board believes Mr. Parker dedication, trucking experience, general business knowledge, significant leadership ability, and indepth knowledge of the Company, qualify him for his continued service as CEO, and Chairman of our Board. Additionally, the Board believes Mr. Parker knowledge of the industry continues to be a competitive strength for the Company. since 2016.
Age 65
Tenure 8 years
Phone423 821 1212
Webhttps://www.covenantlogistics.com

David Parker Latest Insider Activity

Tracking and analyzing the buying and selling activities of David Parker against Covenant Logistics stock is an integral part of due diligence when investing in Covenant Logistics. David Parker insider activity provides valuable insight into whether Covenant Logistics is net buyers or sellers over its current business cycle. Note, Covenant Logistics insiders must abide by specific rules, including filing SEC forms every time they buy or sell Covenant Logistics'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Covenant Logistics Management Efficiency

The company has return on total asset (ROA) of 0.0758 % which means that it generated a profit of $0.0758 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2958 %, meaning that it generated $0.2958 on every $100 dollars invested by stockholders. Covenant Logistics' management efficiency ratios could be used to measure how well Covenant Logistics manages its routine affairs as well as how well it operates its assets and liabilities.
Covenant Logistics Group has accumulated 20.35 M in total debt with debt to equity ratio (D/E) of 0.3, which may suggest the company is not taking enough advantage from borrowing. Covenant Logistics has a current ratio of 1.1, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Covenant Logistics until it has trouble settling it off, either with new capital or with free cash flow. So, Covenant Logistics' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Covenant Logistics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Covenant to invest in growth at high rates of return. When we think about Covenant Logistics' use of debt, we should always consider it together with cash and equity.
Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee. COVENANT LOG operates under Trucking classification in Germany and is traded on Frankfurt Stock Exchange. It employs 4900 people. Covenant Logistics Group (CV5) is traded on Frankfurt Exchange in Germany and employs 28 people.

Management Performance

Covenant Logistics Leadership Team

Elected by the shareholders, the Covenant Logistics' board of directors comprises two types of representatives: Covenant Logistics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Covenant. The board's role is to monitor Covenant Logistics' management team and ensure that shareholders' interests are well served. Covenant Logistics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Covenant Logistics' outside directors are responsible for providing unbiased perspectives on the board's policies.
M Bunn, Executive Vice President Chief Accounting Officer, Treasurer
W Welborn, Independent Director
James Heartfield, Chief Human Resource Officer, General Counsel
Samuel Hough, Executive Vice President and Chief operating officer of CTI
Lynn Doster, Ex Operations
John Tweed, Chief Operating Officer of Landair, Executive Vice President
T Rogers, Executive Vice President Chief Transformation Officer
Joey Ballard, Ex Safety
James Grant, Chief Accounting Officer, Corporate Controller
Paul Bunn, Chief Accounting Officer, Treasurer
David Parker, Chairman of the Board, Chief Executive Officer
Joey Hogan, Co-President, Chief Administrative Officer
Matthew Anderson, VP Marketing
James III, Ex CFO
Rachel ParkerHatchett, Director
William Alt, Independent Director
Herbert Schmidt, Independent Director
Richard Cribbs, Chief Financial Officer, Executive Vice President, Principal Accounting Officer
Bradley Moline, Independent Director
James ESQ, G Counsel
D Kramer, Director
Robert Bosworth, Lead Independent Director

Covenant Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Covenant Logistics a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Other Information on Investing in Covenant Stock

Covenant Logistics financial ratios help investors to determine whether Covenant Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Covenant with respect to the benefits of owning Covenant Logistics security.