Noble Financial Has Negative Forecast for CVGI Q4 Earnings

Commercial Vehicle Group, Inc. (NASDAQ:CVGIFree Report) – Analysts at Noble Financial lowered their Q4 2026 earnings per share estimates for Commercial Vehicle Group in a research report issued to clients and investors on Wednesday, March 11th. Noble Financial analyst J. Gomes now expects that the company will earn $0.01 per share for the quarter, down from their prior estimate of $0.03. The consensus estimate for Commercial Vehicle Group’s current full-year earnings is $0.11 per share.

Commercial Vehicle Group (NASDAQ:CVGIGet Free Report) last issued its quarterly earnings results on Tuesday, March 10th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.03). Commercial Vehicle Group had a negative return on equity of 11.74% and a negative net margin of 3.51%.The business had revenue of $154.76 million for the quarter, compared to the consensus estimate of $147.05 million.

A number of other research analysts have also recently commented on CVGI. Wall Street Zen upgraded shares of Commercial Vehicle Group to a “hold” rating in a report on Saturday. Weiss Ratings reissued a “sell (d)” rating on shares of Commercial Vehicle Group in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce”.

View Our Latest Stock Analysis on CVGI

Commercial Vehicle Group Stock Up 24.5%

NASDAQ:CVGI opened at $2.90 on Monday. The company has a market cap of $106.26 million, a price-to-earnings ratio of -4.33 and a beta of 1.89. Commercial Vehicle Group has a twelve month low of $0.81 and a twelve month high of $2.94. The company has a current ratio of 2.43, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78. The stock has a fifty day simple moving average of $1.70 and a 200-day simple moving average of $1.66.

Hedge Funds Weigh In On Commercial Vehicle Group

Several institutional investors have recently made changes to their positions in the company. Engineers Gate Manager LP raised its holdings in shares of Commercial Vehicle Group by 87.1% in the second quarter. Engineers Gate Manager LP now owns 20,116 shares of the company’s stock valued at $33,000 after acquiring an additional 9,364 shares in the last quarter. Virtu Financial LLC bought a new position in Commercial Vehicle Group during the 4th quarter worth about $33,000. Bank of America Corp DE increased its position in Commercial Vehicle Group by 46.1% during the 4th quarter. Bank of America Corp DE now owns 32,473 shares of the company’s stock valued at $81,000 after purchasing an additional 10,242 shares during the period. Teton Advisors LLC bought a new stake in shares of Commercial Vehicle Group in the 3rd quarter valued at about $78,000. Finally, Qube Research & Technologies Ltd bought a new stake in shares of Commercial Vehicle Group in the 2nd quarter valued at about $78,000. Hedge funds and other institutional investors own 72.32% of the company’s stock.

About Commercial Vehicle Group

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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.

Further Reading

Earnings History and Estimates for Commercial Vehicle Group (NASDAQ:CVGI)

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