Commercial Vehicle Group (CVGI) Given News Impact Score of 0.39
Press coverage about Commercial Vehicle Group (NASDAQ:CVGI) has been trending positive on Friday, AlphaOne Sentiment Analysis reports. The research group, a subsidiary of Accern, rates the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. AlphaOne ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Commercial Vehicle Group earned a coverage optimism score of 0.39 on AlphaOne’s scale. AlphaOne also assigned media headlines about the company an impact score of 33 out of 100, indicating that recent media coverage is unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media headlines that may have impacted AlphaOne Sentiment’s analysis:
- FY2018 Earnings Estimate for Commercial Vehicle Group, Inc. Issued By Seaport Global Securities (CVGI) (americanbankingnews.com)
- Zacks.com featured highlights: Arbor Realty, Commercial Vehicle Group, Grifols, S.A., Match Group and Xcerra (finance.yahoo.com)
- Commercial Vehicle : Announces First Quarter 2017 Conference Call (4-traders.com)
- New Strong Buy Stocks for April 19th (finance.yahoo.com)
- Zacks: Brokerages Set $7.00 Price Target for Commercial Vehicle Group, Inc. (CVGI) (americanbankingnews.com)
Shares of Commercial Vehicle Group (NASDAQ:CVGI) traded up 2.44% on Friday, hitting $8.40. The stock had a trading volume of 544,362 shares. The stock has a market cap of $259.16 million, a PE ratio of 36.52 and a beta of 0.84. The company’s 50 day moving average is $6.37 and its 200 day moving average is $5.74. Commercial Vehicle Group has a one year low of $2.14 and a one year high of $8.50.
Commercial Vehicle Group (NASDAQ:CVGI) last announced its quarterly earnings results on Thursday, March 9th. The company reported $0.02 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.02) by $0.04. The company had revenue of $149.97 million for the quarter, compared to analyst estimates of $153.10 million. Commercial Vehicle Group had a net margin of 0.59% and a return on equity of 9.49%. The company’s revenue for the quarter was down 18.8% on a year-over-year basis. Equities research analysts predict that Commercial Vehicle Group will post $0.29 EPS for the current fiscal year.
Several research analysts have recently weighed in on the company. Zacks Investment Research cut Commercial Vehicle Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 3rd. Seaport Global Securities upgraded Commercial Vehicle Group from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $5.50 to $7.00 in a report on Thursday, March 30th.
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Commercial Vehicle Group Company Profile
Commercial Vehicle Group, Inc is a supplier of a range of cab-related products and systems. The Company operates through two segments: the Global Truck and Bus Segment (GTB Segment) and the Global Construction and Agriculture Segment (GCA Segment). The GTB Segment manufactures and sells products, which include Seats, Trim, sleeper boxes, cab structures, structural components and body panels, and mirrors and wiper systems.
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