Sidoti Has Positive Estimate for CVGI Q2 Earnings

Commercial Vehicle Group, Inc. (NASDAQ:CVGI) – Analysts at Sidoti increased their Q2 2027 EPS estimates for shares of Commercial Vehicle Group in a research report issued on Wednesday, August 5th. Sidoti analyst J. Franzreb now forecasts that the company will post earnings per share of $0.11 for the quarter, up from their previous forecast 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:CVGI) last released its quarterly earnings data on Monday, August 3rd. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.08). The company had revenue of $195.24 million during the quarter, compared to analysts’ expectations of $171.58 million. Commercial Vehicle Group had a negative net margin of 3.42% and a negative return on equity of 13.91%.

CVGI has been the subject of a number of other reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Commercial Vehicle Group in a research report on Tuesday, June 9th. Noble Financial reissued an “outperform” rating on shares of Commercial Vehicle Group in a research report on Thursday, May 7th. Barrington Research restated an “outperform” rating and set a $6.00 price target on shares of Commercial Vehicle Group in a research note on Monday, May 4th. Finally, Wall Street Zen downgraded Commercial Vehicle Group from a “strong-buy” rating to a “buy” rating in a report on Sunday. Two research 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. Based on data from MarketBeat, Commercial Vehicle Group presently has an average rating of “Hold” and a consensus target price of $6.00.

Commercial Vehicle Group Stock Down 2.3%

Shares of NASDAQ:CVGI opened at $3.80 on Thursday. The business’s 50 day moving average is $4.80 and its 200 day moving average is $3.71. The stock has a market cap of $154.39 million, a P/E ratio of -5.67 and a beta of 1.45. Commercial Vehicle Group has a 52-week low of $1.29 and a 52-week high of $5.88. 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 Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Renaissance Technologies LLC grew its stake in shares of Commercial Vehicle Group by 6.8% during the first 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 raised its position in shares of Commercial Vehicle Group by 7.9% in 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 boosted its stake in Commercial Vehicle Group by 7.0% in the 4th quarter. Ironwood Investment Management LLC now owns 637,040 shares of the company’s stock worth $917,000 after purchasing an additional 41,500 shares in the last quarter. Gamco Investors INC. ET AL boosted its stake 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 in the last quarter. Finally, Sei Investments Co. purchased a new stake in Commercial Vehicle Group during the 1st quarter worth approximately $1,262,000. 72.32% of the stock is owned by institutional investors and hedge funds.

Commercial Vehicle Group Company Profile

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.