Shares of Commercial Vehicle Group, Inc. (NASDAQ:CVGI) have earned an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.
Brokers have set a 1-year consensus target price of $11.00 for the company and are expecting that the company will post $0.36 EPS for the current quarter, according to Zacks. Zacks has also given Commercial Vehicle Group an industry rank of 220 out of 255 based on the ratings given to its competitors.
Several research firms recently commented on CVGI. Zacks Investment Research upgraded Commercial Vehicle Group from a “hold” rating to a “buy” rating and set a $8.25 target price for the company in a research report on Friday. ValuEngine upgraded Commercial Vehicle Group from a “strong sell” rating to a “sell” rating in a research report on Monday, June 11th. TheStreet cut Commercial Vehicle Group from a “c” rating to a “d+” rating in a research report on Friday, April 6th. Finally, BidaskClub upgraded Commercial Vehicle Group from a “strong sell” rating to a “sell” rating in a research report on Wednesday, May 16th.
Shares of NASDAQ:CVGI traded down $0.31 during midday trading on Friday, reaching $7.09. 127,000 shares of the company traded hands, compared to its average volume of 311,813. Commercial Vehicle Group has a 12 month low of $5.55 and a 12 month high of $13.90. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.64 and a current ratio of 2.43. The firm has a market cap of $222.59 million, a price-to-earnings ratio of 16.11 and a beta of 1.55.
Commercial Vehicle Group (NASDAQ:CVGI) last posted its earnings results on Thursday, May 3rd. The company reported $0.32 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.11. Commercial Vehicle Group had a return on equity of 26.82% and a net margin of 0.94%. The business had revenue of $215.73 million during the quarter, compared to analysts’ expectations of $217.30 million. equities analysts predict that Commercial Vehicle Group will post 1.32 EPS for the current fiscal year.
Commercial Vehicle Group Company Profile
Commercial Vehicle Group, Inc, together with its subsidiaries, designs, engineers, produces, and sells a range of cab related products and systems in North America, Europe, and the Asia Pacific regions. It operates through two segments, the Global Truck and Bus, and the Global Construction and Agriculture.
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