Commercial Vehicle Group - CVGI Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Commercial Vehicle Group in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CVGI shares.
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2 Wall Street analysts have issued twelve-month price objectives for Commercial Vehicle Group's shares. Their CVGI share price forecasts range from $10.00 to $10.00. On average, they predict the company's stock price to reach $10.00 in the next year. This suggests a possible upside of 33.3% from the stock's current price.
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Commercial Vehicle Group's stock was trading at $6.81 at the beginning of 2023. Since then, CVGI shares have increased by 10.1% and is now trading at $7.50.
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The company is scheduled to release its next quarterly earnings announcement on Monday, February 27th 2023.
View our CVGI earnings forecast.

Commercial Vehicle Group, Inc. (NASDAQ:CVGI) announced its quarterly earnings results on Wednesday, November, 2nd. The company reported $0.15 earnings per share for the quarter, missing analysts' consensus estimates of $0.22 by $0.07. The company earned $251.41 million during the quarter, compared to analysts' expectations of $256.02 million. Commercial Vehicle Group had a trailing twelve-month return on equity of 14.16% and a net margin of 1.30%.

4 employees have rated Commercial Vehicle Group Chief Executive Officer Harold Bevis on Glassdoor.com. Harold Bevis has an approval rating of 36% among the company's employees. This puts Harold Bevis in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 49.0% of employees surveyed would recommend working at Commercial Vehicle Group to a friend.

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).

Commercial Vehicle Group trades on the NASDAQ under the ticker symbol "CVGI."

Commercial Vehicle Group's stock is owned by many different institutional and retail investors. Top institutional investors include Assenagon Asset Management S.A. (0.08%). Insiders that own company stock include Christopher H Bohnert and Harold C Bevis.
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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.
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One share of CVGI stock can currently be purchased for approximately $7.50.

Commercial Vehicle Group (NASDAQ:CVGI) has a market capitalization of $250.28 million and generates $971.58 million in revenue each year. The company earns $23.73 million in net income (profit) each year or $0.39 on an earnings per share basis.

The company employs 7,600 workers across the globe.

Commercial Vehicle Group's mailing address is 7800 WALTON PARKWAY, NEW ALBANY OH, 43054. The official website for the company 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.