How Analysts Rated Covenant Transportation Group, Inc. (NASDAQ:CVTI) Last Week?

Covenant Transportation Group, Inc. (NASDAQ:CVTI) Logo
Investors sentiment decreased to 0.89 in 2019 Q1. Its down 0.58, from 1.47 in 2018Q4. It worsened, as 18 investors sold Covenant Transportation Group, Inc. shares while 38 reduced holdings. 19 funds opened positions while 31 raised stakes. 10.72 million shares or 4.86% more from 10.22 million shares in 2018Q4 were reported.
17,759 are owned by Alps Inc. Portolan Cap Management Limited Liability has invested 0.67% of its portfolio in Covenant Transportation Group, Inc. (NASDAQ:CVTI). Etrade Limited Co reported 0.01% in Covenant Transportation Group, Inc. (NASDAQ:CVTI). New York State Teachers Retirement System accumulated 1,100 shares or 0% of the stock. Ranger Limited Partnership owns 242,069 shares for 0.33% of their portfolio. Chicago Equity Prns Limited Liability Corporation holds 16,055 shares or 0.01% of its portfolio. Benjamin F Edwards And Company Inc invested 0% of its portfolio in Covenant Transportation Group, Inc. (NASDAQ:CVTI). Citigroup Incorporated holds 0% of its portfolio in Covenant Transportation Group, Inc. (NASDAQ:CVTI) for 13,884 shares. Jpmorgan Chase And, New York-based fund reported 156,046 shares. Comml Bank Of Mellon has 275,899 shares for 0% of their portfolio. Campbell And Com Inv Adviser Lc holds 0.12% in Covenant Transportation Group, Inc. (NASDAQ:CVTI) or 12,827 shares. 7,276 were reported by Morgan Stanley. Hotchkis & Wiley Mngmt Limited Liability invested in 0.01% or 183,380 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Management owns 12,300 shares. Comml Bank Of America De holds 69,995 shares or 0% of its portfolio.

Since May 31, 2019, it had 1 buying transaction, and 0 selling transactions for $75,000 activity.

Covenant Transportation Group, Inc. (NASDAQ:CVTI) Ratings Coverage

Among 2 analysts covering Covenant Transportation Group (NASDAQ:CVTI), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Covenant Transportation Group had 5 analyst reports since March 6, 2019 according to SRatingsIntel. On Tuesday, March 19 the stock rating was maintained by Cowen & Co with “Hold”. The firm has “Buy” rating by Stephens given on Tuesday, March 19. Below is a list of Covenant Transportation Group, Inc. (NASDAQ:CVTI) latest ratings and price target changes.

22/05/2019 Broker: Inc. – Class A Common Stock Rating: Cowen \U0026 Co.
01/05/2019 Broker: Inc. – Class A Common Stock Rating: Stephens \U0026 Co.
19/03/2019 Broker: Stephens Rating: Buy New Target: $25 Maintain
19/03/2019 Broker: Cowen & Co Rating: Hold New Target: $23 Maintain
06/03/2019 Broker: BidaskScore Rating: Sell Downgrade

The stock increased 0.96% or $0.13 during the last trading session, reaching $13.62. About 491,812 shares traded or 308.94% up from the average. Covenant Transportation Group, Inc. (NASDAQ:CVTI) has declined 43.38% since July 14, 2018 and is downtrending. It has underperformed by 47.81% 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 $250.18 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 5.93 P/E ratio. The firm also provides ancillary services, including freight brokerage services and accounts receivable factoring.

More notable recent Covenant Transportation Group, Inc. (NASDAQ:CVTI) news were published by: Seekingalpha.com which released: “Covenant Transportation Group (CVTI) To Present At Stifel 2019 Transportation & Logistics Conference – Slideshow – Seeking Alpha” on February 15, 2019, also Finance.Yahoo.com with their article: “Is Now An Opportune Moment To Examine Covenant Transportation Group, Inc. (NASDAQ:CVTI)? – Yahoo Finance” published on July 02, 2019, Seekingalpha.com published: “Trucking Industry Woes Lead To Poor Stock Price Performance – Seeking Alpha” on May 09, 2017. More interesting news about Covenant Transportation Group, Inc. (NASDAQ:CVTI) were released by: Globenewswire.com and their article: “Covenant Transportation Group Chairman and CEO Reinstates 10b5-1 Trading Plan – GlobeNewswire” published on November 09, 2018 as well as Benzinga.com‘s news article titled: “FEMA Contractor Lipsey Logistics CEO Arrested For Cocaine Distribution That Includes Kids – Benzinga” with publication date: March 13, 2019.

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

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