Analysts See $0.60 EPS for Covenant Transportation Group, Inc. (CVTI)

September 25, 2018 - By Sheila Pollock

Covenant Transportation Group, Inc. (NASDAQ:CVTI) LogoInvestors sentiment increased to 2.27 in Q2 2018. Its up 1.07, from 1.2 in 2018Q1. It increased, as 11 investors sold Covenant Transportation Group, Inc. shares while 22 reduced holdings. 23 funds opened positions while 52 raised stakes. 10.80 million shares or 2.24% more from 10.57 million shares in 2018Q1 were reported.
Ranger Inv Lp, a Texas-based fund reported 139,009 shares. Citigroup has invested 0% of its portfolio in Covenant Transportation Group, Inc. (NASDAQ:CVTI). Next Century Growth Invsts Lc invested 0.76% in Covenant Transportation Group, Inc. (NASDAQ:CVTI). 6,954 were accumulated by Peak6 Invests L P. Qs Investors Ltd Liability Corp holds 0% in Covenant Transportation Group, Inc. (NASDAQ:CVTI) or 131 shares. Navellier And Associates accumulated 0.18% or 41,163 shares. Ameriprise Finance stated it has 0.01% of its portfolio in Covenant Transportation Group, Inc. (NASDAQ:CVTI). Foundry Prtn Ltd Com stated it has 251,730 shares. Morgan Stanley reported 0% in Covenant Transportation Group, Inc. (NASDAQ:CVTI). Gotham Asset Ltd Liability Corp stated it has 14,502 shares. Gsa Capital Ltd Liability Partnership has 55,143 shares. Bnp Paribas Arbitrage reported 571 shares. Jpmorgan Chase & Company has invested 0% of its portfolio in Covenant Transportation Group, Inc. (NASDAQ:CVTI). Chicago Equity Partners Lc owns 0.06% invested in Covenant Transportation Group, Inc. (NASDAQ:CVTI) for 63,225 shares. Dimensional Fund Advisors L P accumulated 1.38M shares or 0.02% of the stock.

Since June 6, 2018, it had 0 insider buys, and 5 insider sales for $6.79 million activity. The insider PARKER DAVID RAY sold $1.67 million. Shares for $219,051 were sold by HOGAN JOEY B.

Analysts expect Covenant Transportation Group, Inc. (NASDAQ:CVTI) to report $0.60 EPS on October, 18.They anticipate $0.35 EPS change or 140.00 % from last quarter’s $0.25 EPS. CVTI’s profit would be $11.01 million giving it 12.74 P/E if the $0.60 EPS is correct. After having $0.54 EPS previously, Covenant Transportation Group, Inc.’s analysts see 11.11 % EPS growth. The stock increased 1.60% or $1.29 during the last trading session, reaching $30.57. About 172,604 shares traded or 22.75% up from the average. Covenant Transportation Group, Inc. (NASDAQ:CVTI) has risen 21.66% since September 25, 2017 and is uptrending. It has outperformed by 6.04% the S&P500.

Covenant Transportation Group, Inc., together with its subsidiaries, provides truckload transportation and brokerage services primarily in the continental United States. The company has market cap of $560.75 million. It offers long haul, dedicated, temperature-controlled, and regional solo-driver services; long haul, regional, dedicated, and intermodal temperature-controlled services; and regional solo-driver and dedicated services. It has a 8.23 P/E ratio. The firm also provides ancillary services, including freight brokerage services and accounts receivable factoring.

More news for Covenant Transportation Group, Inc. (NASDAQ:CVTI) were recently published by: Nasdaq.com, which released: “Market Trends Toward New Normal in Sykes Enterprises, Carnival, Covenant Transportation Group, Synergy …” on August 31, 2018. Benzinga.com‘s article titled: “Freight Alley: A Region Where Logistics Contributes To More Than 40% Of The Economy” and published on September 19, 2018 is yet another important article.

Covenant Transportation Group, Inc. (NASDAQ:CVTI) Institutional Positions Chart

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