Commercial Vehicle Group (NASDAQ:CVGI - Get Free Report) issued its earnings results on Monday. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.08), Zacks reports. Commercial Vehicle Group had a return on equity of 5.17% and a net margin of 3.98%. The company had revenue of $163.29 million during the quarter, compared to analyst estimates of $158.37 million. Commercial Vehicle Group updated its FY 2025 guidance to EPS.
Commercial Vehicle Group Trading Down 9.2 %
CVGI stock traded down $0.17 during mid-day trading on Wednesday, reaching $1.63. 276,551 shares of the stock traded hands, compared to its average volume of 214,276. 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 company has a market cap of $56.06 million, a P/E ratio of 1.59, a P/E/G ratio of 0.43 and a beta of 2.39. Commercial Vehicle Group has a 52-week low of $1.63 and a 52-week high of $6.64. The stock's fifty day moving average is $2.10 and its 200-day moving average is $2.59.
Hedge Funds 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 holdings in shares of Commercial Vehicle Group, Inc. (NASDAQ:CVGI - Free Report) by 46.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,473 shares of the company's stock after acquiring an additional 10,242 shares during the quarter. 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
(
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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.
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