NASDAQ:CVGI

Commercial Vehicle Group - CVGI Stock Forecast, Price & News

$7.50

-0.03 (-0.40%)

(As of 08/5/2022 03:59 PM ET)

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Today's Range: $6.88
▼
$7.57
50-Day Range: $5.44
▼
$7.70
52-Week Range: $5.23
▼
$10.84

Volume: 8,683 shs
Average Volume: 197,385 shs
Market Capitalization: $247.10 million

P/E Ratio: 14.71
Dividend Yield: N/A
Price Target: $14.00

Commercial Vehicle Group MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 86.7% Upside
$14.00 Price Target
Short Interest: Healthy
2.38% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.61
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 44.66%
From $1.03 to $1.49 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.93 out of 5 stars

Auto/Tires/Trucks Sector

6th out of 131 stocks

Motor Vehicle Parts & Accessories Industry

4th out of 44 stocks

3.5

Analyst's Opinion

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.
Price Target Upside/Downside
According to analysts' consensus price target of $14.00, Commercial Vehicle Group has a forecasted upside of 86.7% from its current price of $7.50.
Amount of Analyst Coverage
Commercial Vehicle Group has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
2.38% 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 2.6, 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 6.23%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

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.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CVGI.

1.3

News and Social Media Coverage

News Sentiment
Commercial Vehicle Group has a news sentiment score of -0.61. 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 lower news sentiment than the 0.29 average news sentiment score of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Commercial Vehicle Group this week, compared to 1 article on an average week.
Search Interest
Only 2 people have searched for CVGI on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
MarketBeat Follows
3 people have added Commercial Vehicle Group to their MarketBeat watchlist in the last 30 days.

0.8

Company Ownership

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 4.70% of the stock of Commercial Vehicle Group is held by insiders.
Percentage Held by Institutions
59.49% 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.

4.4

Earnings and Valuation

Earnings Growth
Earnings for Commercial Vehicle Group are expected to grow by 44.66% in the coming year, from $1.03 to $1.49 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Commercial Vehicle Group is 14.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.72.
Price to Earnings Ratio vs. Sector
The P/E ratio of Commercial Vehicle Group is 14.71, 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 33.01.
Price to Earnings Growth Ratio
Commercial Vehicle Group has a PEG Ratio of 0.35. 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 1.95. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Commercial Vehicle Group (NASDAQ:CVGI) Stock

Commercial Vehicle Group, Inc., together with its subsidiaries, designs, manufactures, produces, and sells components and assemblies in North America, Europe, and the Asia-Pacific regions. It operates in four segments: Vehicle Solutions, Warehouse Automation, Electrical Systems, and Aftermarket & Accessories. The company offers electrical wire harness assemblies that function as current carrying devices 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. It also offers electro-mechanical assemblies, such as box builds, complex automated and robotic assemblies, and large multi-cabinet control cabinets with power distribution and cabling; vinyl or cloth-covered appliqués, armrests, map pocket compartments, and sound-reducing insulations; instrument panels; and plastics decorating and finishing products. In addition, it provides cab structures; design products, including armrests, grab handles, storage systems, floor coverings, floor mats, sleeper bunks, headliners, wall panels, and privacy curtains; and mirrors, wipers, and controls used in commercial, military and specialty recreational vehicles. Further, it offers seats and seating systems, such as mechanical and air suspension, static and military seats, and bus, as well as seats for medium-and heavy-duty trucks (MD/HD trucks); office seating products; and seats, parts, and components for the aftermarket. The company supplies its products and systems for the commercial vehicle market comprising the MD/HD truck market; and MD/HD truck, bus, construction, mining, agricultural, military, industrial, municipal, off-road recreational, and specialty vehicle markets. Commercial Vehicle Group, Inc. was incorporated in 2000 and is headquartered in New Albany, Ohio.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Barrington Research restated a "buy" rating and set a $14.00 price objective on shares of Commercial Vehicle Group in a research report on Friday, May 6th. StockNews.com upgraded shares of Commercial Vehicle Group from a "hold" rating to a "buy" rating in a research report on Saturday, June 18th.

Commercial Vehicle Group Price Performance

CVGI Stock opened at $7.50 on Monday. The company has a current ratio of 2.32, a quick ratio of 1.46 and a debt-to-equity ratio of 1.59. Commercial Vehicle Group has a one year low of $5.23 and a one year high of $10.84. The firm has a market capitalization of $247.10 million, a PE ratio of 14.71, a P/E/G ratio of 0.35 and a beta of 3.19. The firm has a 50-day moving average of $6.41 and a two-hundred day moving average of $7.21.

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CVGI Stock News Headlines

August 5, 2022 | seekingalpha.com

Commercial Vehicle Group, Inc. (CVGI) CEO Harold Bevis on Q2 2022 Results - Earnings Call Transcript

August 4, 2022 | finance.yahoo.com

Commercial Vehicle Group (CVGI) Lags Q2 Earnings Estimates

August 4, 2022 | finance.yahoo.com

CVG Reports Second Quarter 2022 Results

August 4, 2022 | americanbankingnews.com

Commercial Vehicle Group (CVGI) to Release Earnings on Friday

August 3, 2022 | finance.yahoo.com

Commercial Vehicle Group, Inc. (CVGI)

July 26, 2022 | finance.yahoo.com

CVGI vs. DRVN: Which Stock Is the Better Value Option?

July 25, 2022 | msn.com

Ashok Leyland launches two AVTR tractors with high GCW, fuel efficiency

July 22, 2022 | finance.yahoo.com

CVG Announces Second Quarter 2022 Earnings Call

July 18, 2022 | finance.yahoo.com

5 Low Price-to-Book Value Stocks to Buy for Solid Returns

July 7, 2022 | finance.yahoo.com

Best Value Stocks to Buy for July 7th

June 30, 2022 | marketwatch.com

Commercial Vehicle Group Shares Rise Nearly 7% On Updated 2H Outlook

June 29, 2022 | finance.yahoo.com

Commercial Vehicle Group Predicts Favorable Impact From New Pricing & Business

June 29, 2022 | nz.finance.yahoo.com

Commercial Vehicle Group (CVG) Announces Improved Outlook for the Second Half of 2022 and First Aerospace Win

June 20, 2022 | seekingalpha.com

Commercial Vehicle Group (CVGI) Presents at the Stifel Cross Sector Insight Conference - Slideshow

May 31, 2022 | finance.yahoo.com

CVG Announces Participation in the Stifel 2022 Cross Sector Insight Conference

May 18, 2022 | finance.yahoo.com

CVG Announces Amendment to Credit Facility

May 17, 2022 | benzinga.com

Commercial Vehicle Group Earnings Perspective: Return On Capital Employed

May 10, 2022 | finance.yahoo.com

CVGI or RACE: Which Is the Better Value Stock Right Now?

May 10, 2022 | finance.yahoo.com

Are Investors Undervaluing Commercial Vehicle Group, Inc. (NASDAQ:CVGI) By 44%?

May 8, 2022 | seekingalpha.com

Commercial Vehicle Group, Inc. (CVGI) CEO Harold Bevis on Q1 2022 Results - Earnings Call Transcript

May 4, 2022 | finance.yahoo.com

CVG Reports First Quarter 2022 Results

May 4, 2022 | finance.yahoo.com

Commercial Vehicle Group (CVGI) Q1 Earnings Match Estimates

May 4, 2022 | finance.yahoo.com

Commercial Vehicle Group Announces Appointment of Daniel Mehringer as Senior Vice President of Strategic Planning and Business Development

April 28, 2022 | marketwatch.com

Commercial Vehicle Group Up 8% on New Pricing for Top Two Customers

April 28, 2022 | finance.yahoo.com

CVG Reaches Mutual Agreement with Top Two Customers

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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CVGI Company Calendar

Last Earnings: 11/01/2021
Today: 8/08/2022
Next Earnings (Estimated): 11/01/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Motor vehicle parts & accessories
Sub-Industry: Construction & Farm Machinery & Heavy Trucks
Sector: Auto/Tires/Trucks
Current Symbol: NASDAQ:CVGI
CUSIP: 20260810
CIK: 1290900
Web: www.cvgrp.com
Phone: (614) 289-5360
Fax: 614-289-5367
Employees: 7,600
Year Founded: 2000

Price Target and Rating

Average Stock Price Forecast: $14.00
High Stock Price Forecast: $14.00
Low Stock Price Forecast: $14.00
Forecasted Upside/Downside: +86.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.51
Trailing P/E Ratio: 14.71
Forward P/E Ratio: 7.28
P/E Growth: 0.35
Net Income: $23.73 million
Net Margins: 1.72%
Pretax Margin: 2.41%
Return on Equity: 16.93%
Return on Assets: 4.04%

Debt

Debt-to-Equity Ratio: 1.48
Current Ratio: 2.17
Quick Ratio: 1.39

Sales & Book Value

Annual Sales: $971.58 million
Price / Sales: 0.25
Cash Flow: $1.56 per share
Price / Cash Flow: 4.82
Book Value: $3.84 per share
Price / Book: 1.95

Miscellaneous

Outstanding Shares: 32,946,000
Free Float: 31,835,000
Market Cap: $247.10 million
Optionable: Optionable
Beta: 3.19

Social Links

Key Executives

Mr. Harold C. Bevis (Age 62)
Pres, CEO & Director
Comp: $1.24M
Mr. Christopher H. Bohnert (Age 56)
Chief Financial Officer
Comp: $779.04k
Mr. Aneezal H. Mohamed (Age 58)
Chief Legal Officer, Compliance Officer & Sec.
Comp: $656.97k
Ms. Kristin S. Mathers (Age 47)
Chief HR Officer
Comp: $436.33k
Mr. Richard Tajer (Age 56)
Chief Commercial Officer & Pres of Electrical Systems
Comp: $607.11k
Mr. Jack Feng
VP of Operational Excellence
Mr. Jeffrey M. Tritapoe
Sr. VP of Operations
Ms. Angela M. O'Leary (Age 41)
VP, Corp. Controller & Chief Accounting Officer
Jason Gray
Marketing Mang.
Mr. Daniel Mehringer
Sr. VP of Strategic Planning & Bus. Devel.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CVGI Stock - Frequently Asked Questions

Should I buy or sell Commercial Vehicle Group stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Commercial Vehicle Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Commercial Vehicle Group stock.
View analyst ratings for Commercial Vehicle Group or view top-rated stocks.
What is Commercial Vehicle Group's stock price forecast for 2022?: 1 Wall Street research analysts have issued twelve-month target prices for Commercial Vehicle Group's stock. Their CVGI stock forecasts range from $14.00 to $14.00. On average, they anticipate Commercial Vehicle Group's stock price to reach $14.00 in the next year. This suggests a possible upside of 86.7% from the stock's current price.
View analysts' price targets for Commercial Vehicle Group or view top-rated stocks among Wall Street analysts.
How has Commercial Vehicle Group's stock price performed in 2022?: Commercial Vehicle Group's stock was trading at $8.06 at the beginning of 2022. Since then, CVGI shares have decreased by 6.9% and is now trading at $7.50.
View the best growth stocks for 2022 here.
When is Commercial Vehicle Group's next earnings date?: Commercial Vehicle Group is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our earnings forecast for Commercial Vehicle Group.
How were Commercial Vehicle Group's earnings last quarter?: Commercial Vehicle Group, Inc. (NASDAQ:CVGI) announced its quarterly earnings data on Monday, November, 1st. The company reported $0.25 earnings per share for the quarter, missing analysts' consensus estimates of $0.30 by $0.05. The firm earned $239.61 million during the quarter, compared to analysts' expectations of $255.67 million. Commercial Vehicle Group had a trailing twelve-month return on equity of 17.14% and a net margin of 1.72%. During the same quarter last year, the business posted $0.21 EPS.
What is Richard P. Lavin's approval rating as Commercial Vehicle Group's CEO?: 17 employees have rated Commercial Vehicle Group CEO Richard P. Lavin on Glassdoor.com. Richard P. Lavin has an approval rating of 36% among Commercial Vehicle Group's employees. This puts Richard P. Lavin in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Commercial Vehicle Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Commercial Vehicle Group investors own include Micron Technology (MU), Alibaba Group (BABA), Advanced Micro Devices (AMD), Intel (INTC), Twitter (TWTR), Cypress Semiconductor (CY), Novavax (NVAX), Cisco Systems (CSCO), General Electric (GE) and Netflix (NFLX).

What is Commercial Vehicle Group's stock symbol?: Commercial Vehicle Group trades on the NASDAQ under the ticker symbol "CVGI."
Who are Commercial Vehicle Group's major shareholders?: Commercial Vehicle Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include Royce & Associates LP (4.99%), Connor Clark & Lunn Investment Management Ltd. (0.34%) and Assenagon Asset Management S.A. (0.13%). Company insiders that own Commercial Vehicle Group stock include Christopher H Bohnert and Harold C Bevis.
View institutional ownership trends for Commercial Vehicle Group.
How do I buy shares of Commercial Vehicle Group?: Shares of CVGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Commercial Vehicle Group's stock price today?: One share of CVGI stock can currently be purchased for approximately $7.50.
How much money does Commercial Vehicle Group make?: Commercial Vehicle Group (NASDAQ:CVGI) has a market capitalization of $247.10 million and generates $971.58 million in revenue each year. The company earns $23.73 million in net income (profit) each year or $0.51 on an earnings per share basis.
How many employees does Commercial Vehicle Group have?: Commercial Vehicle Group employs 7,600 workers across the globe.
Does Commercial Vehicle Group have any subsidiaries?: The following companies are subsidiares of Commercial Vehicle Group: C.I.E.B. Kahovec spol. s r.o., CVG AR LLC, CVG Alabama LLC, CVG CS LLC, CVG CVS Holdings LLC, CVG European Holdings LLC, CVG FSE LLC, CVG Global S.à r.l., CVG International Holdings Inc., CVG International S.à r.l., CVG Logistics LLC, CVG Management Corporation, CVG Monona LLC, CVG Monona Wire LLC, CVG National Seating Company LLC, CVG Seating (India) Private Limited, CVG Sprague Devices LLC, CVG Ukraine LLC, CVG Vehicle Components (Beijing) Co. Ltd., CVG Vehicle Components (Shanghai) Co. Ltd., CVS Holdings Limited, Cabarrus Plastics Inc., Comercial Vehicle Group México S. de R.L. de C.V., Commercial Vehicle Group (Thailand) Company Limited, EMD Servicios S.A. de C.V., First Source Electronics, KAB Seating Limited, KAB Seating Pty. Ltd., KAB Seating S.A., MWC de México S. de R.L. de C.V., Mayflower Vehicle Systems LLC, Monona (Mexico) Holdings LLC, PEKM Kabeltechnik s.r.o., T.S. México S. de R.L. de C.V., Trim Systems Inc., and Trim Systems Operating Corp..
Read More
When was Commercial Vehicle Group founded?: Commercial Vehicle Group was founded in 2000.
How can I contact Commercial Vehicle Group?: Commercial Vehicle Group's mailing address is 7800 WALTON PARKWAY, NEW ALBANY OH, 43054. The official website for Commercial Vehicle Group is www.cvgrp.com. The company can be reached via phone at (614) 289-5360, via email at terry.hammett@cvgrp.com, or via fax at 614-289-5367.

This page (NASDAQ:CVGI) was last updated on 8/8/2022 by MarketBeat.com Staff

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Commercial Vehicle Group - CVGI Stock Forecast, Price & News

Commercial Vehicle Group MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Commercial Vehicle Group (NASDAQ:CVGI) Stock

Wall Street Analyst Weigh In

Commercial Vehicle Group Price Performance

CVGI Stock News Headlines

CVGI Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

CVGI Stock - Frequently Asked Questions

Should I buy or sell Commercial Vehicle Group stock right now?

What is Commercial Vehicle Group's stock price forecast for 2022?

How has Commercial Vehicle Group's stock price performed in 2022?

When is Commercial Vehicle Group's next earnings date?

How were Commercial Vehicle Group's earnings last quarter?

What is Richard P. Lavin's approval rating as Commercial Vehicle Group's CEO?

What other stocks do shareholders of Commercial Vehicle Group own?

What is Commercial Vehicle Group's stock symbol?

Who are Commercial Vehicle Group's major shareholders?

How do I buy shares of Commercial Vehicle Group?

What is Commercial Vehicle Group's stock price today?

How much money does Commercial Vehicle Group make?

How many employees does Commercial Vehicle Group have?

Does Commercial Vehicle Group have any subsidiaries?

When was Commercial Vehicle Group founded?

How can I contact Commercial Vehicle Group?

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Overall MarketRank^™