Research Analysts Set Expectations for CVGI FY2027 Earnings

Commercial Vehicle Group, Inc. (NASDAQ:CVGI) – Equities research analysts at Noble Financial reduced their FY2027 earnings estimates for Commercial Vehicle Group in a research note issued to investors on Friday, June 26th. Noble Financial analyst J. Gomes now expects that the company will post earnings of $0.07 per share for the year, down from their prior forecast of $0.10. Noble Financial currently has a “Outperform” rating on the stock. The consensus estimate for Commercial Vehicle Group’s current full-year earnings is ($0.10) per share.

Several other analysts have also recently commented on the company. Wall Street Zen raised Commercial Vehicle Group from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Commercial Vehicle Group in a report on Tuesday, June 9th. Finally, Barrington Research reiterated an “outperform” rating and issued a $6.00 price objective on shares of Commercial Vehicle Group in a research report on Monday, May 4th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Commercial Vehicle Group currently has an average rating of “Hold” and an average target price of $6.00.

Commercial Vehicle Group Stock Performance

NASDAQ CVGI opened at $4.62 on Tuesday. The company has a current ratio of 2.13, a quick ratio of 1.20 and a debt-to-equity ratio of 0.69. The business’s 50 day moving average is $4.88 and its two-hundred day moving average is $3.14. Commercial Vehicle Group has a 12-month low of $1.29 and a 12-month high of $5.88. The stock has a market capitalization of $168.72 million, a price-to-earnings ratio of -8.88 and a beta of 1.40.

Commercial Vehicle Group (NASDAQ:CVGI) last announced its quarterly earnings data on Tuesday, May 5th. The company reported ($0.10) EPS for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.04. Commercial Vehicle Group had a negative net margin of 2.70% and a negative return on equity of 12.47%. The firm had revenue of $171.50 million during the quarter, compared to the consensus estimate of $159.97 million.

Institutional Investors Weigh In On Commercial Vehicle Group

Institutional investors and hedge funds have recently bought and sold shares of the stock. NewEdge Advisors LLC purchased a new position in Commercial Vehicle Group during the first quarter worth $44,000. Engineers Gate Manager LP lifted its position in shares of Commercial Vehicle Group by 87.1% in the second quarter. Engineers Gate Manager LP now owns 20,116 shares of the company’s stock valued at $33,000 after acquiring an additional 9,364 shares in the last quarter. Virtu Financial LLC purchased a new stake in shares of Commercial Vehicle Group in the fourth quarter valued at $33,000. Bank of America Corp DE boosted its stake in shares of Commercial Vehicle Group by 46.1% during the fourth quarter. Bank of America Corp DE now owns 32,473 shares of the company’s stock valued at $81,000 after acquiring an additional 10,242 shares during the last quarter. Finally, Teton Advisors LLC purchased a new stake in Commercial Vehicle Group during the 3rd quarter worth about $78,000. Hedge funds and other institutional investors own 72.32% of the company’s stock.

About Commercial Vehicle Group

Commercial Vehicle Group, Inc (NASDAQ: CVGI) is a global designer, engineer and manufacturer of seating systems and interior components for commercial vehicles. The company serves original equipment manufacturers (OEMs) in the on‐highway, off‐highway and specialty vehicle markets, supplying complete seating assemblies, suspension mechanisms and interior trim products. CVGI’s offerings are aimed at enhancing driver comfort, safety and overall vehicle usability across a diverse range of applications, from heavy‐duty trucks and transit buses to agricultural and construction equipment.

The company’s product portfolio is organized around three core segments: Seating, Controls and Interiors.