News coverage about Commercial Vehicle Group (NASDAQ:CVGI) has been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Commercial Vehicle Group earned a daily sentiment score of 0.03 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 45.6942730454238 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
NASDAQ CVGI traded up $0.21 during trading on Wednesday, reaching $7.78. 77,922 shares of the company’s stock traded hands, compared to its average volume of 366,860. The company has a debt-to-equity ratio of 2.19, a quick ratio of 1.42 and a current ratio of 2.22. The company has a market capitalization of $237.18, a price-to-earnings ratio of 17.68 and a beta of 1.50. Commercial Vehicle Group has a 12-month low of $5.55 and a 12-month high of $13.90.
Commercial Vehicle Group (NASDAQ:CVGI) last posted its earnings results on Monday, March 12th. The company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.01). The business had revenue of $188.30 million for the quarter, compared to analysts’ expectations of $191.10 million. Commercial Vehicle Group had a negative net margin of 0.23% and a positive return on equity of 18.39%. The company’s revenue for the quarter was up 25.5% on a year-over-year basis. During the same period last year, the business posted $0.02 EPS. equities analysts expect that Commercial Vehicle Group will post 1.18 earnings per share for the current fiscal year.
Several research firms recently commented on CVGI. BidaskClub raised shares of Commercial Vehicle Group from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, January 23rd. Zacks Investment Research raised shares of Commercial Vehicle Group from a “hold” rating to a “strong-buy” rating and set a $13.00 price target on the stock in a research note on Wednesday, January 17th. ValuEngine downgraded shares of Commercial Vehicle Group from a “buy” rating to a “hold” rating in a research note on Wednesday, March 7th. Finally, TheStreet downgraded shares of Commercial Vehicle Group from a “c” rating to a “d+” rating in a research note on Friday, April 6th. One analyst has rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $10.75.
About Commercial Vehicle Group
Commercial Vehicle Group, Inc, together with its subsidiaries, designs, engineers, produces, and sells a range of cab related products and systems in North America, Europe, and the Asia Pacific regions. It operates through two segments, the Global Truck and Bus, and the Global Construction and Agriculture.
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