EPS for Covenant Transportation Group, Inc. (CVTI) Expected At $0.60

September 16, 2018 - By Mark Babin

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.
Citigroup Inc invested in 0% or 17,249 shares. Wellington Management Gru Ltd Liability Partnership has invested 0% in Covenant Transportation Group, Inc. (NASDAQ:CVTI). Driehaus Management Ltd invested 0.02% in Covenant Transportation Group, Inc. (NASDAQ:CVTI). D E Shaw reported 19,671 shares. Peak6 Investments Limited Partnership, Illinois-based fund reported 6,954 shares. Deutsche Natl Bank Ag stated it has 20,016 shares or 0% of all its holdings. Wedge Capital Mngmt L L P Nc holds 25,500 shares. Gotham Asset Ltd Company reported 14,502 shares. Metropolitan Life Insur New York stated it has 4,441 shares. California State Teachers Retirement Systems has invested 0% in Covenant Transportation Group, Inc. (NASDAQ:CVTI). Strs Ohio invested in 0% or 24,300 shares. Hillsdale Investment Mngmt owns 44,400 shares. First Lp invested in 0% or 13,763 shares. California Pub Employees Retirement Sys has invested 0% in Covenant Transportation Group, Inc. (NASDAQ:CVTI). Quantbot Ltd Partnership reported 2,738 shares.

Since March 15, 2018, it had 0 insider buys, and 7 insider sales for $6.91 million activity. $4.79 million worth of Covenant Transportation Group, Inc. (NASDAQ:CVTI) was sold by PARKER DAVID RAY. On Wednesday, August 22 HOGAN JOEY B sold $6,090 worth of Covenant Transportation Group, Inc. (NASDAQ:CVTI) or 200 shares.

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 $11.01M giving it 12.99 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 1.04% or $0.32 during the last trading session, reaching $31.18. About 127,701 shares traded. Covenant Transportation Group, Inc. (NASDAQ:CVTI) has risen 21.66% since September 16, 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 $571.94 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 8.39 P/E ratio. The firm also provides ancillary services, including freight brokerage services and accounts receivable factoring.

Another recent and important Covenant Transportation Group, Inc. (NASDAQ:CVTI) news was published by Nasdaq.com which published an article titled: “Market Trends Toward New Normal in Sykes Enterprises, Carnival, Covenant Transportation Group, Synergy …” on August 31, 2018.

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

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