Page 4 - Managed Freight News Today

CHATTANOOGA, Tenn., April 27, 2023 -- Covenant Logistics Group, Inc. announced today financial and operating results for the first quarter ended March 31, 2023 and the acquisition of Lew Thompson... | April 27, 2023

Third quarter results from the biggest fleets in trucking show that smart strategies paid off in Q3, but almost everyone expects a weaker Q4.

Cowen reissued their hold rating on shares of Covenant Logistics Group (NASDAQ:CVLG – Get Rating) in a research note published on Saturday, Stock Target Advisor reports. They currently have a $22.00 target price on the stock. Several other analysts have also recently weighed in on the stock. Zacks Investment Research raised shares of Covenant Logistics […]

Covenant Logistics Group, Inc. (NASDAQ:CVLG – Get Rating) has been assigned an average recommendation of “Hold” from the seven research firms that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation and five have issued a hold recommendation on the company. The average twelve-month target price […]

CHATTANOOGA, Tenn., May 19, 2022 -- Covenant Logistics Group, Inc. announced today significant steps in the continuing execution of our capital allocation program that focuses on improving... | May 19, 2022

Covenant Logistics Group, Inc. (NASDAQ:CVLG – Get Rating) saw a large growth in short interest during the month of April. As of April 30th, there was short interest totalling 246,500 shares, a growth of 20.7% from the April 15th total of 204,200 shares. Approximately 2.3% of the company’s shares are sold short. Based on an […]

A number of firms have modified their ratings and price targets on shares of Covenant Logistics Group (NASDAQ: CVLG) recently: 4/19/2022 – Covenant Logistics Group was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong sell” rating. According to Zacks, “Covenant Logistics Group Inc. offers a portfolio of transportation and […]

Covenant Logistics Group (NASDAQ:CVLG – Get Rating) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Tuesday, Zacks.com reports. According to Zacks, “Covenant Logistics Group Inc. offers a portfolio of transportation and logistics services, through its subsidiaries. The company services include asset-based expedited, dedicated […]

CVLG earnings call for the period ending September 30, 2021.

Across the top publicly traded fleets, a few themes remain constant: Rates and volumes are high, labor is short, and tech platforms hold the promise of customer satisfaction.