Commercial Vehicle Group (CVGI) Projected to Post Earnings on Monday

Commercial Vehicle Group (NASDAQ:CVGI) is expected to be releasing 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 interested in registering for the company’s earnings conference call can do so using this link.

Commercial Vehicle Group Stock Performance

CVGI stock opened at $2.08 on Friday. Commercial Vehicle Group has a 1-year low of $1.81 and a 1-year high of $6.78. The company has a current ratio of 2.31, a quick ratio of 1.43 and a debt-to-equity ratio of 0.70. The firm has a market cap of $71.76 million, a PE ratio of 2.04, a P/E/G ratio of 0.43 and a beta of 2.35. The business’s 50-day moving average price is $2.15 and its two-hundred day moving average price is $2.69.

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On Commercial Vehicle Group

An institutional investor recently raised its position in Commercial Vehicle Group stock. Bank of America Corp DE grew its position in Commercial Vehicle Group, Inc. (NASDAQ:CVGI) by 46.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,473 shares of the company’s stock after purchasing an additional 10,242 shares during the period. Bank of America Corp DE owned approximately 0.09% of Commercial Vehicle Group worth $81,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 72.32% of the company’s stock.

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.