Commercial Vehicle Group (NASDAQ:CVGI) Receives "Sell (D)" Rating from Weiss Ratings

Key Points

• Commercial Vehicle Group's stock has received a "Sell (D)" rating from Weiss Ratings, while Zacks Research recently upgraded it from a "strong sell" to a "hold" rating.
• The company's stock price remained flat at $1.72, with a market capitalization of $63.61 million and a concerning PE ratio of -1.52.
• For its most recent quarter, Commercial Vehicle Group reported a loss of $0.09 earnings per share, missing estimates, but generated revenue of $171.96 million, exceeding analyst expectations.

Commercial Vehicle Group (NASDAQ:CVGI - Get Free Report)'s stock had its "sell (d)" rating reaffirmed by investment analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Separately, Zacks Research raised Commercial Vehicle Group from a "strong sell" rating to a "hold" rating in a research report on Monday. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Reduce".

Commercial Vehicle Group Price Performance

NASDAQ CVGI remained flat at $1.72 during trading on Wednesday. The company's stock had a trading volume of 59,380 shares, compared to its average volume of 124,500. The firm's fifty day simple moving average is $1.79 and its 200 day simple moving average is $1.52. The firm has a market capitalization of $63.61 million, a PE ratio of -1.52 and a beta of 2.02. The company has a quick ratio of 1.48, a current ratio of 2.41 and a debt-to-equity ratio of 0.82. Commercial Vehicle Group has a 1 year low of $0.81 and a 1 year high of $3.31.

Commercial Vehicle Group (NASDAQ:CVGI - Get Free Report) last announced its quarterly earnings results on Monday, August 4th. The company reported ($0.09) earnings per share for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.02). Commercial Vehicle Group had a negative return on equity of 7.40% and a negative net margin of 5.66%.The business had revenue of $171.96 million for the quarter, compared to analyst estimates of $161.63 million. Commercial Vehicle Group has set its FY 2025 guidance at EPS. On average, analysts forecast that Commercial Vehicle Group will post 0.11 earnings per share for the current year.

Institutional Investors Weigh In On Commercial Vehicle Group

Several institutional investors have recently made changes to their positions in the stock. Huber Capital Management LLC boosted its stake in shares of Commercial Vehicle Group by 39.3% in the first quarter. Huber Capital Management LLC now owns 1,418,322 shares of the company's stock valued at $1,631,000 after buying an additional 400,004 shares during the period. Peapod Lane Capital LLC lifted its stake in Commercial Vehicle Group by 61.4% during the second quarter. Peapod Lane Capital LLC now owns 912,050 shares of the company's stock worth $1,514,000 after purchasing an additional 346,960 shares during the last quarter. Anderson Financial Strategies LLC lifted its stake in Commercial Vehicle Group by 9.7% during the first quarter. Anderson Financial Strategies LLC now owns 332,497 shares of the company's stock worth $382,000 after purchasing an additional 29,286 shares during the last quarter. Wealthedge Investment Advisors LLC lifted its stake in Commercial Vehicle Group by 184.7% during the first quarter. Wealthedge Investment Advisors LLC now owns 172,891 shares of the company's stock worth $199,000 after purchasing an additional 112,162 shares during the last quarter. Finally, Strs Ohio bought a new stake in Commercial Vehicle Group during the first quarter worth $195,000. 72.32% of the stock is currently owned by institutional investors.

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.

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