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NASDAQ:CVGI

Commercial Vehicle Group (CVGI) Stock Price, News & Analysis

Commercial Vehicle Group logo
$2.91
-0.10 (-3.32%)
(As of 10/31/2024 ET)

About Commercial Vehicle Group Stock (NASDAQ:CVGI)

Key Stats

Today's Range
$2.90
$3.03
50-Day Range
$2.94
$3.73
52-Week Range
$2.90
$7.34
Volume
189,447 shs
Average Volume
140,107 shs
Market Capitalization
$100.04 million
P/E Ratio
3.03
Dividend Yield
N/A
Price Target
$10.00
Consensus Rating
Buy

Company Overview

Commercial Vehicle Group, Inc., together with its subsidiaries, designs, manufactures, assembles, and sells systems, assemblies, and components to commercial and electric vehicle, and industrial automation markets in North America, Europe, and the Asia-Pacific regions. The company operates in four segments: Vehicle Solutions, Electrical Systems, Aftermarket & Accessories, and Industrial Automation. It offers vehicle seats and seating systems, such as static, mechanical, and air suspension seats, as well as office seating products under KAB Seating, National Seating, Bostrom Seating, and Stratos brands. The company also provides thermoformed, injection molded, reaction injection molded, and decorated/hydrographic finished products; vinyl or cloth-covered appliqués; instrument panels; plastics decorating and finishing products; cab structures; and cab interiors, including armrests, grab handles, storage systems, floor coverings and mats, sleeper bunks, headliners, wall panels, and privacy curtains under the AdvancTEK brand. In addition, it offers high and low voltage electrical wire harness assemblies function as the primary electric current carrying devices used in providing electrical interconnections for gauges, lights, control functions, power circuits, powertrain and transmission sensors, emissions systems, and other electronic applications on commercial and other vehicles; and panel assemblies. Further, the company provides mirrors, wipers, and wiper systems under Bostrom, Moto Mirror, Sprague Devices, and RoadWatch brands; integrated and electro-mechanical assemblies, and cabinets. It offers its products and systems for the truck, power sports, bus, construction, mining, automotive, agricultural, mining, rail, marine, power generation, e-commerce, warehouse integration, transportation, military/defense, industrial, municipal, off-road recreational, and specialty vehicle markets. The company was incorporated in 2000 and is headquartered in New Albany, Ohio.

Commercial Vehicle Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
96th Percentile Overall Score

CVGI MarketRank™: 

Commercial Vehicle Group scored higher than 96% of companies evaluated by MarketBeat, and ranked 11th out of 91 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Commercial Vehicle Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Commercial Vehicle Group has only been the subject of 1 research reports in the past 90 days.

  • Read more about Commercial Vehicle Group's stock forecast and price target.
  • Earnings Growth

    Earnings for Commercial Vehicle Group are expected to grow by 163.33% in the coming year, from $0.30 to $0.79 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Commercial Vehicle Group is 3.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.44.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Commercial Vehicle Group is 3.03, which means that it is trading at a less expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 10.86.

  • Price to Earnings Growth Ratio

    Commercial Vehicle Group has a PEG Ratio of 0.46. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Commercial Vehicle Group has a P/B Ratio of 0.57. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Commercial Vehicle Group's valuation and earnings.
  • Percentage of Shares Shorted

    1.83% of the float of Commercial Vehicle Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Commercial Vehicle Group has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Commercial Vehicle Group has recently decreased by 1.20%, indicating that investor sentiment is improving.
  • Dividend Yield

    Commercial Vehicle Group does not currently pay a dividend.

  • Dividend Growth

    Commercial Vehicle Group does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    1.83% of the float of Commercial Vehicle Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Commercial Vehicle Group has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Commercial Vehicle Group has recently decreased by 1.20%, indicating that investor sentiment is improving.
  • News Sentiment

    Commercial Vehicle Group has a news sentiment score of 1.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Auto/Tires/Trucks companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Commercial Vehicle Group this week, compared to 1 article on an average week.
  • Search Interest

    3 people have searched for CVGI on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • MarketBeat Follows

    6 people have added Commercial Vehicle Group to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Commercial Vehicle Group insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 6.30% of the stock of Commercial Vehicle Group is held by insiders.

  • Percentage Held by Institutions

    72.32% of the stock of Commercial Vehicle Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Commercial Vehicle Group's insider trading history.
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CVGI Stock News Headlines

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See More Headlines

CVGI Stock Analysis - Frequently Asked Questions

Commercial Vehicle Group's stock was trading at $7.01 at the beginning of 2024. Since then, CVGI shares have decreased by 58.5% and is now trading at $2.91.
View the best growth stocks for 2024 here
.

Commercial Vehicle Group, Inc. (NASDAQ:CVGI) issued its quarterly earnings results on Monday, August, 5th. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.17 by $0.11. The business had revenue of $229.91 million for the quarter, compared to analysts' expectations of $237.69 million. Commercial Vehicle Group had a trailing twelve-month return on equity of 10.07% and a net margin of 3.42%.

Commercial Vehicle Group subsidiaries include these companies: First Source Electronics, Cabarrus Plastics Inc., C.I.E.B. Kahovec spol. s r.o., Comercial Vehicle Group México S. de R.L. de C.V., Commercial Vehicle Group (Thailand) Company Limited, CVG Alabama LLC, CVG AR LLC, and others.

Top institutional shareholders of Commercial Vehicle Group include Assenagon Asset Management S.A. (0.69%), Private Advisor Group LLC (0.64%) and SG Americas Securities LLC (0.04%). Insiders that own company stock include Roger L Fix and Chung Kin Cheung.
View institutional ownership trends
.

Shares of CVGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Commercial Vehicle Group investors own include Medtronic (MDT), NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Oracle (ORCL), Walmart (WMT) and JPMorgan Chase & Co. (JPM).

Company Calendar

Last Earnings
8/05/2024
Today
10/31/2024
Next Earnings (Confirmed)
11/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Motor vehicle parts & accessories
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
Current Symbol
NASDAQ:CVGI
CUSIP
20260810
Employees
8,200
Year Founded
2000

Price Target and Rating

Average Stock Price Target
$10.00
High Stock Price Target
$10.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+243.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$49.41 million
Pretax Margin
1.46%

Debt

Sales & Book Value

Annual Sales
$931.75 million
Cash Flow
$1.37 per share
Book Value
$5.13 per share

Miscellaneous

Free Float
32,212,000
Market Cap
$100.04 million
Optionable
Optionable
Beta
2.45

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This page (NASDAQ:CVGI) was last updated on 10/31/2024 by MarketBeat.com Staff
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