Commercial Vehicle Group (NASDAQ:CVGI) Posts Earnings Results, Misses Expectations By $0.02 EPS

Key Points

• Commercial Vehicle Group (CVGI) reported a quarterly EPS of ($0.09), missing analysts' expectations of ($0.05) by ($0.04), indicating challenging financial performance.
• The company's stock rose 10.1% to $1.85 after the earnings announcement, with a trading volume of 445,604 shares.
• Institutional ownership of Commercial Vehicle Group stands at 72.32%, with Bank of America Corp DE increasing its stake by 46.1% in the last quarter.

Commercial Vehicle Group (NASDAQ:CVGI - Get Free Report) announced its quarterly earnings data on Monday. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.02), Zacks reports. Commercial Vehicle Group had a negative net margin of 5.66% and a negative return on equity of 7.40%. The company had revenue of $171.96 million for the quarter, compared to analyst estimates of $161.63 million. Commercial Vehicle Group updated its FY 2025 guidance to EPS.

Commercial Vehicle Group Stock Up 0.6%

NASDAQ:CVGI traded up $0.01 on Friday, hitting $1.77. The stock had a trading volume of 61,227 shares, compared to its average volume of 385,027. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.23 and a current ratio of 2.41. The stock has a market cap of $65.54 million, a P/E ratio of -1.57 and a beta of 2.18. Commercial Vehicle Group has a 1 year low of $0.81 and a 1 year high of $3.81. The firm's fifty day simple moving average is $1.67 and its two-hundred day simple moving average is $1.57.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of Commercial Vehicle Group from a "sell" rating to a "hold" rating in a report on Saturday, June 7th.

Institutional Investors Weigh In On Commercial Vehicle Group

A hedge fund recently raised its stake in Commercial Vehicle Group stock. Jane Street Group LLC grew its stake in shares of Commercial Vehicle Group, Inc. (NASDAQ:CVGI - Free Report) by 259.3% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 74,086 shares of the company's stock after acquiring an additional 53,468 shares during the period. Jane Street Group LLC owned about 0.21% of Commercial Vehicle Group worth $85,000 at the end of the most recent reporting period. Institutional investors own 72.32% of the company's stock.

About Commercial Vehicle Group

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.