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Mid-Cap Stocks to Outperform the Market This Cycle
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S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: Asian shares meander after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: Asian shares meander after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: Asian shares meander after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
NASDAQ:CVGI

Commercial Vehicle Group (CVGI) Stock Price, News & Analysis

$6.42
+0.14 (+2.23%)
(As of 03/27/2024 ET)
Today's Range
$6.27
$6.43
50-Day Range
$6.06
$6.77
52-Week Range
$5.48
$11.96
Volume
48,457 shs
Average Volume
126,284 shs
Market Capitalization
$217.64 million
P/E Ratio
4.34
Dividend Yield
N/A
Price Target
$10.00

Commercial Vehicle Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
55.8% Upside
$10.00 Price Target
Short Interest
Healthy
1.61% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.71mentions of Commercial Vehicle Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
34.94%
From $0.83 to $1.12 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.50 out of 5 stars

Auto/Tires/Trucks Sector

8th out of 77 stocks

Motor Vehicle Parts & Accessories Industry

6th out of 31 stocks

CVGI stock logo

About Commercial Vehicle Group Stock (NASDAQ:CVGI)

Commercial Vehicle Group, Inc., together with its subsidiaries, designs, manufactures, produces, and sells components and assemblies in North America, Europe, and the Asia-Pacific regions. The company operates in four segments: Vehicle Solutions, Electrical Systems, Aftermarket & Accessories, and Industrial Automation. It offers electrical wire harness assemblies that function as current carrying devices in providing electrical interconnections for gauges, lights, control functions, power circuits, powertrain and transmission sensors, emissions systems, and other electronic applications on commercial and other vehicles; and panel assemblies. The company also offers electro-mechanical assemblies, such as box builds, complex automated and robotic assemblies, and large multi-cabinet control cabinets with power distribution, communication, and cabling; vinyl or cloth-covered appliqués, armrests, map pocket compartments, and sound-reducing insulations; instrument panels; and plastics decorating and finishing products. In addition, it provides cab structures; design products, including armrests, grab handles, storage systems, floor coverings, floor mats, sleeper bunks, headliners, wall panels, and privacy curtains; and mirrors, wipers, and controls used in commercial, military and specialty power sports vehicles. Further, the company offers seats and seating systems, such as mechanical and air suspension, static and military seats, and bus, as well as seats for medium-and heavy-duty trucks (MD/HD trucks); office seating products; and seats, parts, and components for the aftermarket. It supplies its products and systems for the commercial vehicle market comprising the MD/HD truck market; and MD/HD truck, bus, construction, mining, agricultural, military, industrial, municipal, off-road recreational, and specialty vehicle markets. The company was incorporated in 2000 and is headquartered in New Albany, Ohio.

CVGI Stock Price History

CVGI Stock News Headlines

Commercial Vehicle Group Inc
[BUY ALERT] Our #1 A.I. Stock for March
It's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.
[BUY ALERT] Our #1 A.I. Stock for March
It's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.
Q4 2023 Commercial Vehicle Group Inc Earnings Call
Commercial Vehicle Group Earnings Preview
CVGI Jun 2024 10.000 call
Over 70 workers to lose jobs in Chillicothe
Jim Simons Trims Stake in Commercial Vehicle Group Inc
Commercial Vehicle Group Inc FDU
Commercial Vehicle Group (CVGI) Fell on Recession Fear
Commercial Vehicle Group Names James Ray as CEO
See More Headlines
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Company Calendar

Last Earnings
3/05/2024
Today
3/28/2024
Next Earnings (Estimated)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Motor vehicle parts & accessories
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
Current Symbol
NASDAQ:CVGI
CUSIP
20260810
Employees
8,200
Year Founded
2000

Price Target and Rating

Average Stock Price Target
$10.00
High Stock Price Target
$10.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+55.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$49.41 million
Pretax Margin
3.64%

Debt

Sales & Book Value

Annual Sales
$994.68 million
Cash Flow
$1.45 per share
Book Value
$5.13 per share

Miscellaneous

Free Float
32,305,000
Market Cap
$217.64 million
Optionable
Optionable
Beta
2.73

Social Links

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Key Executives

  • Mr. Chung Kin Cheung (Age 49)
    Executive VP & Chief Financial Officer
    Comp: $487.69k
  • Mr. Aneezal H. Mohamed (Age 60)
    Chief Legal Officer, Compliance Officer & Secretary
    Comp: $659.15k
  • Ms. Kristin S. Mathers (Age 49)
    Chief Human Resources Officer
    Comp: $405.73k
  • Mr. Richard Tajer (Age 58)
    Senior VP & Chief Commercial Officer
    Comp: $659.19k
  • Mr. Jeffrey M. Tritapoe
    Senior Vice President of Operations
  • Ms. Angela M. O'Leary (Age 43)
    VP, Corporate Controller & Chief Accounting Officer
  • Jason Gray
    Marketing Manager
  • Mr. Daniel Mehringer
    Senior VP of Strategic Planning & Business Development
  • Mr. Wern-Lirn Wang (Age 65)
    Senior VP & MD of CVG Asia Pacific
  • Mr. Minja Zahirovic
    President of Warehouse Automation

CVGI Stock Analysis - Frequently Asked Questions

Should I buy or sell Commercial Vehicle Group stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Commercial Vehicle Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CVGI shares.
View CVGI analyst ratings
or view top-rated stocks.

What is Commercial Vehicle Group's stock price target for 2024?

1 brokerages have issued 1-year price targets for Commercial Vehicle Group's shares. Their CVGI share price targets range from $10.00 to $10.00. On average, they predict the company's share price to reach $10.00 in the next twelve months. This suggests a possible upside of 55.8% from the stock's current price.
View analysts price targets for CVGI
or view top-rated stocks among Wall Street analysts.

How have CVGI shares performed in 2024?

Commercial Vehicle Group's stock was trading at $7.01 on January 1st, 2024. Since then, CVGI stock has decreased by 8.4% and is now trading at $6.42.
View the best growth stocks for 2024 here
.

Are investors shorting Commercial Vehicle Group?

Commercial Vehicle Group saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 475,100 shares, an increase of 8.8% from the February 29th total of 436,800 shares. Based on an average daily volume of 129,200 shares, the days-to-cover ratio is currently 3.7 days. Currently, 1.6% of the shares of the company are short sold.
View Commercial Vehicle Group's Short Interest
.

When is Commercial Vehicle Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our CVGI earnings forecast
.

How were Commercial Vehicle Group's earnings last quarter?

Commercial Vehicle Group, Inc. (NASDAQ:CVGI) posted its earnings results on Tuesday, March, 5th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by $0.06. The business had revenue of $223.09 million for the quarter, compared to analysts' expectations of $225.22 million. Commercial Vehicle Group had a trailing twelve-month return on equity of 20.22% and a net margin of 4.97%. During the same quarter in the previous year, the company earned $0.04 EPS.

What guidance has Commercial Vehicle Group issued on next quarter's earnings?

Commercial Vehicle Group issued an update on its FY 2024 earnings guidance on Monday, March, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $915.0 million-$1.0 billion, compared to the consensus revenue estimate of $983.2 million.

What is Harold Bevis' approval rating as Commercial Vehicle Group's CEO?

4 employees have rated Commercial Vehicle Group Chief Executive Officer Harold Bevis on Glassdoor.com. Harold Bevis has an approval rating of 36% among the company's employees. This puts Harold Bevis in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 49.0% of employees surveyed would recommend working at Commercial Vehicle Group to a friend.

What other stocks do shareholders of Commercial Vehicle Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Commercial Vehicle Group investors own include Micron Technology (MU), Alibaba Group (BABA), Advanced Micro Devices (AMD), Intel (INTC), Twitter (TWTR), Cypress Semiconductor (CY), Novavax (NVAX), Cisco Systems (CSCO), General Electric (GE) and Netflix (NFLX).

Who are Commercial Vehicle Group's major shareholders?

Commercial Vehicle Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (4.84%), Vanguard Group Inc. (4.84%), Dimensional Fund Advisors LP (4.10%), Gamco Investors INC. ET AL (2.18%), Hillsdale Investment Management Inc. (1.35%) and Franklin Resources Inc. (1.27%). Insiders that own company stock include Christopher H Bohnert, Chung Kin Cheung, Harold C Bevis and Roger L Fix.
View institutional ownership trends
.

How do I buy shares of Commercial Vehicle Group?

Shares of CVGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Commercial Vehicle Group have any subsidiaries?
The following companies are subsidiares of Commercial Vehicle Group: C.I.E.B. Kahovec spol. s r.o., CVG AR LLC, CVG Alabama LLC, CVG CS LLC, CVG CVS Holdings LLC, CVG European Holdings LLC, CVG FSE LLC, CVG Global S.à r.l., CVG International Holdings Inc., CVG International S.à r.l., CVG Logistics LLC, CVG Management Corporation, CVG Monona LLC, CVG Monona Wire LLC, CVG National Seating Company LLC, CVG Seating (India) Private Limited, CVG Sprague Devices LLC, CVG Ukraine LLC, CVG Vehicle Components (Beijing) Co. Ltd., CVG Vehicle Components (Shanghai) Co. Ltd., CVS Holdings Limited, Cabarrus Plastics Inc., Comercial Vehicle Group México S. de R.L. de C.V., Commercial Vehicle Group (Thailand) Company Limited, EMD Servicios S.A. de C.V., First Source Electronics, KAB Seating Limited, KAB Seating Pty. Ltd., KAB Seating S.A., MWC de México S. de R.L. de C.V., Mayflower Vehicle Systems LLC, Monona (Mexico) Holdings LLC, PEKM Kabeltechnik s.r.o., T.S. México S. de R.L. de C.V., Trim Systems Inc., and Trim Systems Operating Corp..
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This page (NASDAQ:CVGI) was last updated on 3/28/2024 by MarketBeat.com Staff

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