NASDAQ:CVGI

Commercial Vehicle Group - CVGI Stock Forecast, Price & News

$4.50

+0.09 (+2.04%)

(As of 09/30/2022 12:00 AM ET)

Add

Compare

Today's Range: $4.36
▼
$4.57
50-Day Range: $4.41
▼
$7.70
52-Week Range: $4.27
▼
$10.58

Volume: 216,314 shs
Average Volume: 116,558 shs
Market Capitalization: $150.30 million

P/E Ratio: 8.82
Dividend Yield: N/A
Price Target: $10.00

Commercial Vehicle Group MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 122.2% Upside
$10.00 Price Target
Short Interest: Healthy
1.34% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.89
Based on 10 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 40.26%
From $0.77 to $1.08 Per Share

Overall MarketRank^™

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

3.09 out of 5 stars

Auto/Tires/Trucks Sector

6th out of 111 stocks

Motor Vehicle Parts & Accessories Industry

6th out of 37 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 $10.00, Commercial Vehicle Group has a forecasted upside of 122.2% from its current price of $4.50.
Amount of Analyst Coverage
Commercial Vehicle Group has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.34% 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 1.9, 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 11.96%, 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.

2.7

News and Social Media Coverage

News Sentiment
Commercial Vehicle Group has a news sentiment score of 0.89. 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 higher news sentiment than the 0.46 average news sentiment score of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Commercial Vehicle Group this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for CVGI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 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
55.12% 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 40.26% in the coming year, from $0.77 to $1.08 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Commercial Vehicle Group is 8.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.95.
Price to Earnings Ratio vs. Sector
The P/E ratio of Commercial Vehicle Group is 8.82, 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 12.58.
Price to Earnings Growth Ratio
Commercial Vehicle Group has a PEG Ratio of 0.27. 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 1.17. 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.

Receive CVGI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Commercial Vehicle Group and its competitors with MarketBeat's FREE daily newsletter.

CVGI Stock News Headlines

September 29, 2022 | finance.yahoo.com

How Did Commercial Vehicle Group, Inc.'s (NASDAQ:CVGI) 12% ROE Fare Against The Industry?

September 29, 2022 | americanbankingnews.com

Commercial Vehicle Group (NASDAQ:CVGI) Raised to "Buy" at StockNews.com

September 26, 2022 | nasdaq.com

Commercial Vehicle Group, Inc. (NASDAQ:CVGI) Might Not Be As Mispriced As It Looks After Plunging 32%

September 26, 2022 | finance.yahoo.com

CVG Announces Participation in the Lytham Partners Fall 2022 Investor Conference

September 19, 2022 | finance.yahoo.com

CVG Announces Participation in the Sidoti Small Cap Virtual Investor Conference

September 17, 2022 | wsj.com

Commercial Vehicle Group Inc.

September 14, 2022 | finance.yahoo.com

Commercial Vehicle Group (CVG) Appoints Andy Cheung as Executive Vice President and Chief Financial Officer

September 12, 2022 | finance.yahoo.com

Investors in Commercial Vehicle Group (NASDAQ:CVGI) have unfortunately lost 31% over the last year

September 6, 2022 | finance.yahoo.com

CVG Announces Participation in the Barrington Research Virtual Fall Investment Conference

August 31, 2022 | fool.com

Commercial Vehicle Group (NASDAQ: CVGI)

August 29, 2022 | finance.yahoo.com

CVG Announces Participation in Virtual Non-Deal Roadshow Hosted by Sidoti & Company

August 27, 2022 | finance.yahoo.com

Owning 44% shares,institutional owners seem interested in Commercial Vehicle Group, Inc. (NASDAQ:CVGI),

August 16, 2022 | msn.com

Commercial Vehicle Group's Return On Capital Employed Overview

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 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

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive CVGI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Commercial Vehicle Group and its competitors with MarketBeat's FREE daily newsletter.

CVGI Company Calendar

Last Earnings: 11/01/2021
Today: 10/02/2022
Next Earnings (Estimated): 11/01/2022
Fiscal Year End: 12/31/2022

Get Stock Alerts

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: $10.00
High Stock Price Forecast: $10.00
Low Stock Price Forecast: $10.00
Forecasted Upside/Downside: +122.2%
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: 8.82
Forward P/E Ratio: 5.84
P/E Growth: 0.27
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: 0.15
Cash Flow: $1.58 per share
Price / Cash Flow: 2.84
Book Value: $3.84 per share
Price / Book: 1.17

Miscellaneous

Outstanding Shares: 33,400,000
Free Float: 31,835,000
Market Cap: $150.30 million
Optionable: Optionable
Beta: 3.18

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 twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CVGI shares.
View CVGI analyst ratings or view top-rated stocks.
What is Commercial Vehicle Group's stock price forecast for 2022?: 1 brokers have issued 1-year price targets for Commercial Vehicle Group's shares. Their CVGI share price forecasts range from $10.00 to $10.00. On average, they anticipate the company's share price to reach $10.00 in the next twelve months. This suggests a possible upside of 122.2% from the stock's current price.
View analysts price targets for CVGI or view top-rated stocks among Wall Street analysts.
How have CVGI shares performed in 2022?: Commercial Vehicle Group's stock was trading at $8.06 at the beginning of the year. Since then, CVGI stock has decreased by 44.2% and is now trading at $4.50.
View the best growth stocks for 2022 here.
When is Commercial Vehicle Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our CVGI earnings forecast.
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 EPS for the quarter, missing analysts' consensus estimates of $0.30 by $0.05. The business had revenue of $239.61 million for the quarter, compared to analysts' expectations of $255.67 million. Commercial Vehicle Group had a trailing twelve-month return on equity of 16.93% and a net margin of 1.72%. During the same period in the previous year, the company earned $0.21 EPS.
What is Harold Bevis' approval rating as Commercial Vehicle Group's CEO?: 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.

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."
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 $4.50.
How much money does Commercial Vehicle Group make?: Commercial Vehicle Group (NASDAQ:CVGI) has a market capitalization of $150.30 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?: The company 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
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 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.

This page (NASDAQ:CVGI) was last updated on 10/2/2022 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

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