Sidoti Issues Optimistic Forecast for CVGI Earnings

Commercial Vehicle Group, Inc. (NASDAQ:CVGIFree Report) – Equities researchers at Sidoti lifted their Q1 2027 EPS estimates for Commercial Vehicle Group in a research note issued to investors on Tuesday, July 7th. Sidoti analyst J. Franzreb now anticipates that the company will post earnings of $0.06 per share for the quarter, up from their prior forecast of $0.05. The consensus estimate for Commercial Vehicle Group’s current full-year earnings is ($0.10) per share. Sidoti also issued estimates for Commercial Vehicle Group’s Q2 2027 earnings at $0.09 EPS and FY2027 earnings at $0.31 EPS.

Commercial Vehicle Group (NASDAQ:CVGIGet Free Report) last released its quarterly earnings data on Tuesday, May 5th. The company reported ($0.10) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.04. Commercial Vehicle Group had a negative return on equity of 12.47% and a negative net margin of 2.70%.The company had revenue of $171.50 million for the quarter, compared to the consensus estimate of $159.97 million.

Other analysts have also recently issued reports about the company. Wall Street Zen upgraded Commercial Vehicle Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Weiss Ratings restated a “sell (d-)” rating on shares of Commercial Vehicle Group in a research note on Tuesday, June 9th. Barrington Research reaffirmed an “outperform” rating and issued a $6.00 target price on shares of Commercial Vehicle Group in a report on Monday, May 4th. Finally, Noble Financial reissued an “outperform” rating on shares of Commercial Vehicle Group in a report on Thursday, May 7th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $6.00.

Get Our Latest Research Report on CVGI

Commercial Vehicle Group Trading Up 6.3%

Shares of CVGI opened at $4.88 on Wednesday. The company has a current ratio of 2.13, a quick ratio of 1.20 and a debt-to-equity ratio of 0.69. The stock has a market cap of $178.22 million, a PE ratio of -9.38 and a beta of 1.43. Commercial Vehicle Group has a 1 year low of $1.29 and a 1 year high of $5.88. The stock has a 50 day simple moving average of $4.93 and a 200-day simple moving average of $3.27.

Institutional Trading of Commercial Vehicle Group

Institutional investors and hedge funds have recently modified their holdings of the stock. Bridgeway Capital Management LLC increased its stake in Commercial Vehicle Group by 88.7% in the third quarter. Bridgeway Capital Management LLC now owns 117,803 shares of the company’s stock valued at $200,000 after purchasing an additional 55,382 shares in the last quarter. XTX Topco Ltd bought a new position in shares of Commercial Vehicle Group during the second quarter worth $174,000. Goldman Sachs Group Inc. grew its holdings in shares of Commercial Vehicle Group by 34.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 78,421 shares of the company’s stock valued at $113,000 after buying an additional 20,058 shares during the period. Bank of America Corp DE increased its position in shares of Commercial Vehicle Group by 46.1% in the 4th quarter. Bank of America Corp DE now owns 32,473 shares of the company’s stock valued at $81,000 after buying an additional 10,242 shares in the last quarter. Finally, Qube Research & Technologies Ltd acquired a new stake in Commercial Vehicle Group during the 2nd quarter worth $78,000. 72.32% of the stock is owned by institutional investors.

Commercial Vehicle Group Company Profile

(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.

Recommended Stories

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.