Covenant Logistics (Germany) Analysis

Covenant Stock Analysis Notes

About 31.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.32. Some equities with similar Price to Book (P/B) outperform the market in the long run. Covenant Logistics has Price/Earnings (P/E) ratio of 147.37. The entity recorded earning per share (EPS) of 6.56. The firm last dividend was issued on the 2nd of March 2023. Covenant Logistics had 1:2 split on the 27th of September 2024. 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. For more info on Covenant Logistics Group please contact David Parker at 423 821 1212 or go to https://www.covenantlogistics.com.

Covenant Logistics Investment Alerts

Covenant Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 435.41 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Covenant Logistics's market, we take the total number of its shares issued and multiply it by Covenant Logistics's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Covenant Profitablity

The company has Profit Margin (PM) of 0.09 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.07 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.07.

Technical Drivers

As of the 27th of December, Covenant Logistics shows the Mean Deviation of 1.42, risk adjusted performance of 0.0789, and Downside Deviation of 1.72. Covenant Logistics technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Covenant Logistics maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk to decide if Covenant Logistics is priced correctly, providing market reflects its regular price of 53.0 per share.

Covenant Logistics Price Movement Analysis

Covenant Logistics Outstanding Bonds

Covenant Logistics Predictive Daily Indicators

Covenant Logistics Forecast Models

Covenant Logistics' time-series forecasting models are one of many Covenant Logistics' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Covenant Logistics' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Covenant Logistics prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Covenant shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Covenant Logistics. By using and applying Covenant Stock analysis, traders can create a robust methodology for identifying Covenant entry and exit points for their positions.

When running Covenant Logistics' price analysis, check to measure Covenant Logistics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Covenant Logistics is operating at the current time. Most of Covenant Logistics' value examination focuses on studying past and present price action to predict the probability of Covenant Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Covenant Logistics' price. Additionally, you may evaluate how the addition of Covenant Logistics to your portfolios can decrease your overall portfolio volatility.