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Last $31.87 USD
Change Today +0.76 / 2.44%
Volume 237.3K
As of 5:20 PM 05/28/15 All times are local (Market data is delayed by at least 15 minutes).

covenant transport grp-cl a (CVTI) Snapshot

Open
$31.12
Previous Close
$31.11
Day High
$32.18
Day Low
$30.80
52 Week High
03/16/15 - $36.82
52 Week Low
05/30/14 - $10.40
Market Cap
581.8M
Average Volume 10 Days
231.3K
EPS TTM
$1.80
Shares Outstanding
15.9M
EX-Date
--
P/E TM
17.7x
Dividend
--
Dividend Yield
--
Current Stock Chart for COVENANT TRANSPORT GRP-CL A (CVTI)

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covenant transport grp-cl a (CVTI) Details

Covenant Transportation Group, Inc., together with its subsidiaries, offers truckload transportation and brokerage services in the continental United States. It provides long haul, dedicated, temperature-controlled, and regional solo-driver services. The company also offers freight brokerage services directly, as well as through freight brokerage agents; less-than-truckload consolidation services; and accounts receivable factoring services. It serves transportation companies, such as freight forwarders, less-than-truckload carriers, and third-party logistics providers, as well as traditional truckload customers, including manufacturers, retailers, and food and beverage shippers. As of December 31, 2014, the company operated 2,665 tractors and 6,722 trailers. Covenant Transportation Group, Inc. was founded in 1994 and is headquartered in Chattanooga, Tennessee.

4,400 Employees
Last Reported Date: 03/3/15
Founded in 1994

covenant transport grp-cl a (CVTI) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $565.2K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $232.9K
Chief Operating Officer, Senior Executive Vic...
Total Annual Compensation: $325.7K
President of Star Transportation Inc
Total Annual Compensation: $193.9K
Executive Vice President and Chief Operating ...
Total Annual Compensation: $239.4K
Compensation as of Fiscal Year 2014.

covenant transport grp-cl a (CVTI) Key Developments

Covenant Transportation Group, Inc. Presents at KeyBanc Capital Markets Industrial, Automotive & Transportation Conference, May-27-2015

Covenant Transportation Group, Inc. Presents at KeyBanc Capital Markets Industrial, Automotive & Transportation Conference, May-27-2015 . Venue: InterContinental Boston, 510 Atlantic Ave, Boston, MA 02210, United States. Speakers: Richard B. Cribbs, Chief Financial Officer and Senior Vice President.

Covenant Transportation Group, Inc. Reports Earnings Results and Operating Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Second Quarter and Full Year of 2015

Covenant Transportation Group, Inc. reported earnings results for the first quarter ended March 31, 2015. For the quarter, the company’s total revenue was $167,216,000 against $160,957,000 a year ago. Operating income was $10,043,000 compared with $354,000 a year ago. Net income was $10,227,000 or $0.56 basic and diluted per share compared to loss of $1,374,000 or $0.09 basic and diluted per share a year ago. Income before income taxes was $9,224,000 compared to loss of $1,593,000 a year ago. Tangible book value per basic share was $9.95 compared to $9.34 a year ago. The company reported operating results for the first quarter ended March 31, 2015. For the quarter, the company reported average freight revenue per loaded mile of $1,762 against $1.663 for the same period last year. Average freight revenue per total mile was $1,586 against $1.498 for the same period last year. Average miles per tractor per period were 30,338 against 28,647 for the same period last year. Weighted average tractors for period were 2,707 against 2,652 for the same period last year. Tractors at end of period were 2,722 against 2,623 at the end of corresponding period last year. Trailers at end of period were 6,690 against 6,952 at the end of corresponding period last year. The company provided earnings guidance for the second quarter and full year of fiscal 2015. For the year, the company expects 2015 remains positive. The company expects average fleet size to be approximately 3% to 5% above that of fiscal 2014. For the year, the company given guidance, $55 million to $65 million on capital expenditure, basically equal to depreciation, it's going to allow the company to continue to pay down debt with operating cash flow. For the second quarter, the company expects to report earnings in the second quarter in a range of $0.38 to $0.48 per diluted share, on approximately 18.5 million weighted average diluted shares.

Covenant Transportation Group, Inc. to Report Q1, 2015 Results on Apr 23, 2015

Covenant Transportation Group, Inc. announced that they will report Q1, 2015 results at 12:00 PM, US Eastern Standard Time on Apr 23, 2015

 

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Industry Analysis

CVTI

Industry Average

Valuation CVTI Industry Range
Price/Earnings 17.3x
Price/Sales 0.8x
Price/Book 3.1x
Price/Cash Flow 7.4x
TEV/Sales 0.5x
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