Commercial Vehicle Group (CVGI) to Release Earnings on Monday

Commercial Vehicle Group (NASDAQ:CVGI) is projected to release its earnings data before the market opens on Monday, March 3rd. Analysts expect Commercial Vehicle Group to post earnings of $0.04 per share and revenue of $158.37 million for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Commercial Vehicle Group Price Performance

Commercial Vehicle Group stock opened at $2.12 on Monday. The company’s fifty day moving average price is $2.17 and its 200 day moving average price is $2.72. Commercial Vehicle Group has a 1 year low of $1.81 and a 1 year high of $6.78. The stock has a market capitalization of $72.97 million, a P/E ratio of 2.07, a P/E/G ratio of 0.43 and a beta of 2.35. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.43 and a current ratio of 2.31.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Commercial Vehicle Group from a “buy” rating to a “hold” rating in a research report on Tuesday, November 5th.

Hedge Funds Weigh In On Commercial Vehicle Group

An institutional investor recently raised its position in Commercial Vehicle Group stock. Bank of America Corp DE boosted its stake in shares of Commercial Vehicle Group, Inc. (NASDAQ:CVGI) by 46.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 32,473 shares of the company’s stock after buying an additional 10,242 shares during the period. Bank of America Corp DE owned 0.09% of Commercial Vehicle Group worth $81,000 at the end of the most recent quarter. 72.32% of the stock is owned by hedge funds and other institutional investors.

About Commercial Vehicle Group

Commercial Vehicle Group, Inc, together with its subsidiaries, designs, manufactures, assembles, and sells systems, assemblies, and components to commercial and electric vehicle, and industrial automation markets in North America, Europe, and the Asia-Pacific regions. The company operates in four segments: Vehicle Solutions, Electrical Systems, Aftermarket & Accessories, and Industrial Automation.