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

Commercial Vehicle Group (NASDAQ:CVGI) will release its earnings data after the market closes on Monday, August 5th. Analysts expect Commercial Vehicle Group to post earnings of $0.17 per share for the quarter. Commercial Vehicle Group has set its FY 2024 guidance at EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Commercial Vehicle Group (NASDAQ:CVGI) last issued its earnings results on Monday, May 6th. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.05). The firm had revenue of $232.07 million during the quarter, compared to analysts’ expectations of $242.01 million. Commercial Vehicle Group had a return on equity of 15.85% and a net margin of 4.53%. 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 Trading Down 5.3 %

Shares of CVGI opened at $4.83 on Friday. The company has a current ratio of 2.30, a quick ratio of 1.48 and a debt-to-equity ratio of 0.79. The firm has a market capitalization of $166.06 million, a P/E ratio of 3.69, a price-to-earnings-growth ratio of 0.31 and a beta of 2.52. The stock’s fifty day simple moving average is $5.14 and its 200 day simple moving average is $5.85. Commercial Vehicle Group has a twelve month low of $4.46 and a twelve month high of $11.35.

Wall Street Analyst Weigh In

Separately, Barrington Research reaffirmed an “outperform” rating and issued a $10.00 target price on shares of Commercial Vehicle Group in a research report on Monday, May 6th.

Commercial Vehicle Group Company Profile

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.