Commercial Vehicle Group (NASDAQ:CVGI) Issues Quarterly Earnings Results, Misses Expectations By $0.03 EPS

Key Points

• Commercial Vehicle Group reported Q EPS of ($0.18), missing analysts' consensus of ($0.15) by $0.03 and showing a negative return on equity (11.03%) and net margin (8.35%).
• Shares were trading down about 3% to $1.62 on heavy volume (1.1M vs. average 125k), with a market cap of $59.5M and a 12-month range of $0.81–$2.10.
• Institutional ownership is high (72.32%) with notable inflows from Arrowstreet and others, while analyst sentiment remains weak—consensus "Reduce" and Weiss Ratings reaffirmed a Sell.

Commercial Vehicle Group (NASDAQ:CVGI - Get Free Report) issued its earnings results on Tuesday. The company reported ($0.18) earnings per share for the quarter, missing analysts' consensus estimates of ($0.15) by ($0.03), FiscalAI reports. Commercial Vehicle Group had a negative return on equity of 11.03% and a negative net margin of 8.35%.

Commercial Vehicle Group Trading Down 3.0%

NASDAQ CVGI traded down $0.05 on Tuesday, hitting $1.62. 1,102,164 shares of the company were exchanged, compared to its average volume of 125,372. The company has a debt-to-equity ratio of 0.79, a current ratio of 2.45 and a quick ratio of 1.36. Commercial Vehicle Group has a twelve month low of $0.81 and a twelve month high of $2.10. The firm has a market capitalization of $59.50 million, a P/E ratio of -1.00 and a beta of 1.89. The company's 50 day moving average price is $1.64 and its 200-day moving average price is $1.65.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in CVGI. Arrowstreet Capital Limited Partnership raised its holdings in shares of Commercial Vehicle Group by 463.7% during the third quarter. Arrowstreet Capital Limited Partnership now owns 285,122 shares of the company's stock valued at $485,000 after acquiring an additional 234,545 shares during the period. XTX Topco Ltd acquired a new position in Commercial Vehicle Group in the 2nd quarter worth approximately $174,000. Bridgeway Capital Management LLC grew its position in Commercial Vehicle Group by 88.7% during the 3rd quarter. Bridgeway Capital Management LLC now owns 117,803 shares of the company's stock worth $200,000 after purchasing an additional 55,382 shares in the last quarter. Jane Street Group LLC raised its stake in Commercial Vehicle Group by 259.3% during the 1st quarter. Jane Street Group LLC now owns 74,086 shares of the company's stock valued at $85,000 after purchasing an additional 53,468 shares during the period. Finally, Qube Research & Technologies Ltd acquired a new stake in Commercial Vehicle Group during the 2nd quarter valued at $78,000. 72.32% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a "sell (d)" rating on shares of Commercial Vehicle Group in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Commercial Vehicle Group has a consensus rating of "Reduce".

Commercial Vehicle Group Company Profile

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.

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