Shares of Commercial Vehicle Group, Inc. (NASDAQ:CVGI) have received an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.

Brokerages have set a one year consensus price objective of $12.00 for the company and are expecting that the company will post $0.13 earnings per share for the current quarter, according to Zacks. Zacks has also given Commercial Vehicle Group an industry rank of 67 out of 265 based on the ratings given to its competitors.

Several research analysts recently commented on CVGI shares. Zacks Investment Research downgraded shares of Commercial Vehicle Group from a “buy” rating to a “hold” rating in a report on Friday, August 11th. ValuEngine upgraded shares of Commercial Vehicle Group from a “hold” rating to a “buy” rating in a report on Tuesday, November 7th.

Commercial Vehicle Group (CVGI) opened at $10.97 on Friday. The company has a market cap of $339.39, a price-to-earnings ratio of 32.56 and a beta of 1.00. Commercial Vehicle Group has a twelve month low of $5.15 and a twelve month high of $11.85. The company has a quick ratio of 1.44, a current ratio of 2.09 and a debt-to-equity ratio of 2.10.

Commercial Vehicle Group (NASDAQ:CVGI) last announced its earnings results on Monday, November 6th. The company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.05 by $0.11. The firm had revenue of $198.30 million for the quarter, compared to the consensus estimate of $173.90 million. Commercial Vehicle Group had a net margin of 0.82% and a return on equity of 14.58%. The business’s quarterly revenue was up 29.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.07 EPS. analysts expect that Commercial Vehicle Group will post 0.32 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. California Public Employees Retirement System grew its position in Commercial Vehicle Group by 17.4% in the 3rd quarter. California Public Employees Retirement System now owns 193,444 shares of the company’s stock worth $1,422,000 after purchasing an additional 28,644 shares during the last quarter. Cornerstone Capital Management Holdings LLC. grew its position in Commercial Vehicle Group by 33.4% in the 3rd quarter. Cornerstone Capital Management Holdings LLC. now owns 210,591 shares of the company’s stock worth $1,546,000 after purchasing an additional 52,700 shares during the last quarter. Royce & Associates LP grew its position in Commercial Vehicle Group by 8.8% in the 3rd quarter. Royce & Associates LP now owns 2,011,183 shares of the company’s stock worth $14,782,000 after purchasing an additional 162,546 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Commercial Vehicle Group by 16.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,602,168 shares of the company’s stock worth $11,776,000 after purchasing an additional 220,524 shares during the last quarter. Finally, Wells Fargo & Company MN grew its position in Commercial Vehicle Group by 54.7% in the 3rd quarter. Wells Fargo & Company MN now owns 15,312 shares of the company’s stock worth $113,000 after purchasing an additional 5,412 shares during the last quarter. Institutional investors own 76.44% of the company’s stock.

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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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