Commercial Vehicle Group (NASDAQ:CVGI) Posts Quarterly Earnings Results, Misses Estimates By $0.08 EPS

Commercial Vehicle Group (NASDAQ:CVGI - Get Free Report) released its quarterly earnings results on Monday. The company reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.08), Zacks reports. The firm had revenue of $163.29 million for the quarter, compared to analysts' expectations of $158.37 million. Commercial Vehicle Group had a net margin of 3.98% and a return on equity of 5.17%. Commercial Vehicle Group updated its FY 2025 guidance to EPS.

Commercial Vehicle Group Trading Down 1.0 %

Shares of Commercial Vehicle Group stock traded down $0.02 during trading hours on Friday, hitting $1.51. The company's stock had a trading volume of 221,107 shares, compared to its average volume of 218,421. The firm has a fifty day moving average of $2.06 and a 200-day moving average of $2.58. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.43 and a current ratio of 2.31. The stock has a market cap of $51.92 million, a price-to-earnings ratio of 1.48, a P/E/G ratio of 0.43 and a beta of 2.39. Commercial Vehicle Group has a twelve month low of $1.49 and a twelve month high of $6.64.

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 raised its position in Commercial Vehicle Group, Inc. (NASDAQ:CVGI - Free Report) by 46.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,473 shares of the company's stock after purchasing an additional 10,242 shares during the quarter. Bank of America Corp DE owned 0.09% of Commercial Vehicle Group worth $81,000 as of its most recent SEC filing. 72.32% of the stock is currently owned by hedge funds and other institutional investors.

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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.