
Commercial Vehicle Group, Inc. (NASDAQ:CVGI – Free Report) – Equities research analysts at Noble Financial decreased their Q4 2026 earnings per share (EPS) estimates for Commercial Vehicle Group in a note issued to investors on Wednesday, March 11th. Noble Financial analyst J. Gomes now forecasts that the company will post earnings per share of $0.01 for the quarter, down from their previous forecast of $0.03. The consensus estimate for Commercial Vehicle Group’s current full-year earnings is $0.11 per share.
A number of other equities research analysts also recently weighed in on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Commercial Vehicle Group in a research report on Wednesday, January 21st. Wall Street Zen raised shares of Commercial Vehicle Group to a “hold” rating in a report on Saturday. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Reduce”.
Commercial Vehicle Group Trading Down 7.5%
Commercial Vehicle Group stock opened at $3.35 on Monday. The firm’s 50-day moving average is $1.78 and its 200-day moving average is $1.69. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.34 and a current ratio of 2.43. Commercial Vehicle Group has a 1 year low of $0.81 and a 1 year high of $3.64. The company has a market cap of $122.74 million, a P/E ratio of -5.00 and a beta of 1.89.
Commercial Vehicle Group (NASDAQ:CVGI – Get Free Report) last released its quarterly earnings data on Tuesday, March 10th. The company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.03). Commercial Vehicle Group had a negative return on equity of 11.74% and a negative net margin of 3.51%.The business had revenue of $154.76 million during the quarter, compared to analyst estimates of $147.05 million.
Hedge Funds Weigh In On Commercial Vehicle Group
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Virtu Financial LLC bought a new stake in Commercial Vehicle Group during the fourth quarter worth about $33,000. Engineers Gate Manager LP raised its stake 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 during the last quarter. Teton Advisors LLC acquired a new position in shares of Commercial Vehicle Group in the 3rd quarter worth approximately $78,000. Qube Research & Technologies Ltd acquired a new position in shares of Commercial Vehicle Group in the 2nd quarter worth approximately $78,000. Finally, Bank of America Corp DE grew its position in Commercial Vehicle Group by 46.1% during the 4th quarter. Bank of America Corp DE now owns 32,473 shares of the company’s stock worth $81,000 after acquiring an additional 10,242 shares during the last quarter. 72.32% of the stock is currently owned by institutional investors and hedge funds.
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.
See Also
Receive News & Ratings for Commercial Vehicle Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Commercial Vehicle Group and related companies with MarketBeat.com's FREE daily email newsletter.
