Commercial Vehicle Group (CVGI) Scheduled to Post Quarterly Earnings on Monday

Commercial Vehicle Group (NASDAQ:CVGIGet Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of $0.18 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Commercial Vehicle Group (NASDAQ:CVGIGet Free Report) last issued its quarterly earnings results on Tuesday, March 5th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.06). The business had revenue of $223.09 million for the quarter, compared to analyst estimates of $225.22 million. Commercial Vehicle Group had a return on equity of 20.22% and a net margin of 4.97%. During the same quarter in the previous year, the business posted $0.04 earnings per share. On average, analysts expect Commercial Vehicle Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Commercial Vehicle Group Stock Up 0.7 %

Shares of NASDAQ:CVGI opened at $5.98 on Friday. Commercial Vehicle Group has a 1 year low of $5.48 and a 1 year high of $11.96. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.26 and a quick ratio of 1.38. The business’s 50-day moving average is $6.29 and its 200-day moving average is $6.49. The company has a market capitalization of $202.60 million, a price-to-earnings ratio of 4.04, a P/E/G ratio of 0.33 and a beta of 2.69.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on CVGI shares. TheStreet upgraded Commercial Vehicle Group from a “d+” rating to a “c” rating in a report on Monday, March 4th. Barrington Research reiterated an “outperform” rating and set a $10.00 price objective on shares of Commercial Vehicle Group in a report on Monday, March 4th. Finally, downgraded Commercial Vehicle Group from a “strong-buy” rating to a “buy” rating in a research note on Thursday, March 14th.

Check Out Our Latest Stock Report on CVGI

About Commercial Vehicle Group

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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.

See Also

Earnings History for Commercial Vehicle Group (NASDAQ:CVGI)

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