Commercial Vehicle Group, Inc. (NASDAQ:CVGI - Free Report) - Research analysts at Noble Financial boosted their Q4 2026 earnings estimates for shares of Commercial Vehicle Group in a note issued to investors on Wednesday, August 5th. Noble Financial analyst J. Gomes now anticipates that the company will post earnings of $0.04 per share for the quarter, up from their previous estimate of $0.03. Noble Financial currently has a "Outperform" rating on the stock. The consensus estimate for Commercial Vehicle Group's current full-year earnings is ($0.09) per share.
Several other brokerages have also weighed in on CVGI. Weiss Ratings reissued a "sell (d-)" rating on shares of Commercial Vehicle Group in a research report on Tuesday, June 9th. Wall Street Zen downgraded Commercial Vehicle Group from a "strong-buy" rating to a "buy" rating in a report on Sunday. Finally, Barrington Research reiterated an "outperform" rating and issued a $6.00 price target on shares of Commercial Vehicle Group in a research note on Monday, May 4th. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, Commercial Vehicle Group presently has a consensus rating of "Hold" and an average price target of $6.00.
Check Out Our Latest Analysis on Commercial Vehicle Group
Commercial Vehicle Group Stock Down 2.3%
Shares of NASDAQ CVGI opened at $3.80 on Thursday. The business has a 50-day moving average of $4.80 and a two-hundred day moving average of $3.71. The company has a market capitalization of $154.39 million, a price-to-earnings ratio of -5.67 and a beta of 1.45. Commercial Vehicle Group has a 1 year low of $1.29 and a 1 year high of $5.88. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.98 and a quick ratio of 1.20.
Commercial Vehicle Group (NASDAQ:CVGI - Get Free Report) last posted its earnings results on Monday, August 3rd. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.08). Commercial Vehicle Group had a negative net margin of 3.42% and a negative return on equity of 13.91%. The business had revenue of $195.24 million during the quarter, compared to analysts' expectations of $171.58 million.
Institutional Trading of Commercial Vehicle Group
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Marquette Asset Management LLC purchased a new stake in shares of Commercial Vehicle Group in the 2nd quarter valued at about $280,000. Assenagon Asset Management S.A. boosted its position in shares of Commercial Vehicle Group by 45.6% in the 2nd quarter. Assenagon Asset Management S.A. now owns 114,567 shares of the company's stock valued at $529,000 after purchasing an additional 35,905 shares during the period. NewEdge Advisors LLC purchased a new position in Commercial Vehicle Group during the 1st quarter worth approximately $44,000. Bank of America Corp DE grew its stake in Commercial Vehicle Group by 56,502.1% during the 1st quarter. Bank of America Corp DE now owns 105,846 shares of the company's stock worth $361,000 after buying an additional 105,659 shares during the last quarter. Finally, Renaissance Technologies LLC increased its position in Commercial Vehicle Group by 6.8% during the first quarter. Renaissance Technologies LLC now owns 1,731,491 shares of the company's stock worth $5,904,000 after buying an additional 109,528 shares during the period. Institutional investors and hedge funds own 72.32% of the company's stock.
About Commercial Vehicle Group
(
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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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