Commercial Vehicle Group (NASDAQ:CVGI) Posts Earnings Results, Misses Estimates By $0.11 EPS

Commercial Vehicle Group (NASDAQ:CVGI) posted its earnings results on Monday. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.11), Yahoo Finance reports. Commercial Vehicle Group had a return on equity of 15.85% and a net margin of 4.53%. The firm had revenue of $229.91 million for the quarter, compared to analyst estimates of $237.69 million. During the same period in the previous year, the firm posted $0.32 earnings per share.

Commercial Vehicle Group Trading Down 15.9 %

NASDAQ CVGI opened at $3.98 on Wednesday. The stock has a market cap of $136.82 million, a P/E ratio of 3.04, a PEG ratio of 0.31 and a beta of 2.52. The company’s fifty day simple moving average is $5.11 and its 200-day simple moving average is $5.81. The company has a current ratio of 2.30, a quick ratio of 1.48 and a debt-to-equity ratio of 0.79. Commercial Vehicle Group has a 52 week low of $3.76 and a 52 week high of $10.74.

Wall Street Analysts Forecast Growth

Separately, Barrington Research reissued an “outperform” rating and set a $10.00 target price on shares of Commercial Vehicle Group in a research report on Monday.

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.