Shares of Commercial Vehicle Group, Inc. (NASDAQ:CVGI) have earned an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.
Analysts have set a 1 year consensus price target of $13.00 for the company and are expecting that the company will post $0.13 EPS for the current quarter, according to Zacks. Zacks has also given Commercial Vehicle Group an industry rank of 104 out of 265 based on the ratings given to its competitors.
A number of brokerages have recently issued reports on CVGI. Zacks Investment Research upgraded Commercial Vehicle Group from a “hold” rating to a “strong-buy” rating and set a $12.00 price objective on the stock in a research note on Tuesday, January 2nd. BidaskClub cut Commercial Vehicle Group from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 11th. Finally, ValuEngine cut Commercial Vehicle Group from a “buy” rating to a “hold” rating in a research note on Friday, December 1st.
Shares of Commercial Vehicle Group (NASDAQ:CVGI) traded down $0.02 during trading on Friday, hitting $12.90. The stock had a trading volume of 492,000 shares, compared to its average volume of 277,338. Commercial Vehicle Group has a one year low of $5.17 and a one year high of $13.66. The company has a market cap of $425.44, a PE ratio of 64.50 and a beta of 1.00. The company has a current ratio of 2.09, a quick ratio of 1.44 and a debt-to-equity ratio of 2.10.
Commercial Vehicle Group (NASDAQ:CVGI) last announced its quarterly earnings data on Monday, November 6th. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.11. Commercial Vehicle Group had a return on equity of 14.58% and a net margin of 0.82%. The company had revenue of $198.30 million for the quarter, compared to analysts’ expectations of $173.90 million. During the same quarter in the prior year, the business posted $0.07 EPS. The business’s revenue was up 29.1% compared to the same quarter last year. analysts forecast that Commercial Vehicle Group will post 0.46 earnings per share for the current fiscal year.
COPYRIGHT VIOLATION WARNING: “Commercial Vehicle Group, Inc. (CVGI) Given Average Recommendation of “Strong Buy” by Analysts” was posted by Chaffey Breeze and is the property of of Chaffey Breeze. If you are accessing this piece on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark law. The correct version of this piece can be viewed at https://www.chaffeybreeze.com/2018/01/22/commercial-vehicle-group-inc-cvgi-given-average-recommendation-of-strong-buy-by-analysts.html.
About Commercial Vehicle Group
Commercial Vehicle Group, Inc is a supplier of a range of cab-related products and systems. The Company operates through two segments: the Global Truck and Bus Segment (GTB Segment) and the Global Construction and Agriculture Segment (GCA Segment). The GTB Segment manufactures and sells products, which include Seats, Trim, sleeper boxes, cab structures, structural components and body panels, and mirrors and wiper systems.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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.