Research Analysts Set Expectations for CVGI Q2 Earnings

Commercial Vehicle Group, Inc. (NASDAQ:CVGIFree Report) – Stock analysts at Sidoti upped their Q2 2027 earnings per share estimates for shares of Commercial Vehicle Group in a research report issued to clients and investors on Wednesday, August 5th. Sidoti analyst J. Franzreb now anticipates that the company will earn $0.11 per share for the quarter, up from their prior estimate of $0.09. The consensus estimate for Commercial Vehicle Group’s current full-year earnings is ($0.09) per share. Sidoti also issued estimates for Commercial Vehicle Group’s Q3 2027 earnings at $0.11 EPS.

Commercial Vehicle Group (NASDAQ:CVGIGet Free Report) last announced its quarterly earnings results on Monday, August 3rd. The company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.08). The business had revenue of $195.24 million during the quarter, compared to the consensus estimate of $171.58 million. Commercial Vehicle Group had a negative return on equity of 13.91% and a negative net margin of 3.42%.

CVGI has been the topic of a number of other reports. Weiss Ratings restated a “sell (d-)” rating on shares of Commercial Vehicle Group in a report on Tuesday, June 9th. Wall Street Zen downgraded shares of Commercial Vehicle Group from a “strong-buy” rating to a “buy” rating in a report on Sunday. Barrington Research reiterated an “outperform” rating and issued a $6.00 price target on shares of Commercial Vehicle Group in a research report on Monday, May 4th. Finally, Noble Financial reissued an “outperform” rating on shares of Commercial Vehicle Group in a research note on Thursday, May 7th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Commercial Vehicle Group presently has a consensus rating of “Hold” and an average price target of $6.00.

Get Our Latest Report on Commercial Vehicle Group

Commercial Vehicle Group Price Performance

CVGI stock opened at $3.80 on Thursday. Commercial Vehicle Group has a 52 week low of $1.29 and a 52 week high of $5.88. The firm has a market capitalization of $154.39 million, a P/E ratio of -5.67 and a beta of 1.45. The company has a fifty day simple moving average of $4.80 and a two-hundred day simple moving average of $3.71. The company has a quick ratio of 1.20, a current ratio of 1.98 and a debt-to-equity ratio of 0.64.

Institutional Investors Weigh In On Commercial Vehicle Group

Hedge funds and other institutional investors have recently made changes to their positions in the company. Renaissance Technologies LLC lifted its holdings in shares of Commercial Vehicle Group by 6.8% in the 1st quarter. Renaissance Technologies LLC now owns 1,731,491 shares of the company’s stock worth $5,904,000 after acquiring an additional 109,528 shares during the last quarter. Huber Capital Management LLC grew its holdings in Commercial Vehicle Group by 7.9% during the 4th quarter. Huber Capital Management LLC now owns 1,061,664 shares of the company’s stock valued at $1,529,000 after purchasing an additional 77,600 shares during the last quarter. Ironwood Investment Management LLC grew its holdings in Commercial Vehicle Group by 7.0% during the 4th quarter. Ironwood Investment Management LLC now owns 637,040 shares of the company’s stock valued at $917,000 after purchasing an additional 41,500 shares during the last quarter. Gamco Investors INC. ET AL raised its position in Commercial Vehicle Group by 2.6% in the 4th quarter. Gamco Investors INC. ET AL now owns 595,818 shares of the company’s stock worth $858,000 after purchasing an additional 14,818 shares during the period. Finally, Sei Investments Co. purchased a new stake in Commercial Vehicle Group in the 1st quarter worth about $1,262,000. Hedge funds and other institutional investors own 72.32% of the company’s stock.

About Commercial Vehicle Group

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Commercial Vehicle Group (NASDAQ:CVGI)

Receive News & Ratings for Commercial Vehicle Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Commercial Vehicle Group and related companies with MarketBeat.com's FREE daily email newsletter.