Is There An Opportunity With Covenant Logistics Group, Inc.'s (NASDAQ:CVLG) 29% Undervaluation?

An analyst's price target for Covenant Logistics Group, Inc. is US$67. Using a Discounted Cash Flow (DCF) model, the intrinsic value was estimated at US$889m, with a 29% undervaluation compared to the current share price of US$48.4.