Covenant Logistics Group, Inc.
CVLGIndustrialsNASDAQTrucking · Last scanned Oct 26, 2026
Scan Results
Daily timeframePart of the industrials sector, Covenant Logistics Group, Inc. (CVLG) is listed under Trucking. The $740.8M market capitalization puts CVLG squarely in small-cap range for its industry. It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing.
Market Cap
$740.8M
Beta
1.40
P/E (TTM)
2919.00
P/E (Fwd)
10.61
EPS (TTM)
$0.01
EPS (Fwd)
$2.75
ROE
0.2%
ROA
1.1%
Cash
$2.6M
Total Debt
$324.4M
Free CF
-$44.8M
52W Change
41.6%
Annual Financials
Cash vs Debt
Where CVLG stands vs its 150-day and 200-day moving averages
As of the October 20, 2026 close, CVLG finished 18.98% below its 150-day moving average ($35.99) and 13.47% below its 200-day moving average ($33.70). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is CVLG overbought or oversold?
At the October 20, 2026 close, CVLG's RSI(14) was 22.9, in oversold territory (below 30). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
Covenant Logistics Group, Inc. carries $324.4M in total debt against $2.6M in cash reserves — debt is roughly 124.1x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company is burning cash, with free cash flow at -$44.8M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Return on equity stands at 0.2%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 1.1% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $1.22B (2022) to $1.16B (2025).
The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. The elevated P/E ratio means the stock is priced for significant future growth. If earnings disappoint, the price correction could be sharp. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Covenant Logistics Group, Inc. and its sector.