Sidoti Analysts Boost Earnings Estimates for CVGI

Commercial Vehicle Group, Inc. (NASDAQ:CVGI) – Equities research analysts at Sidoti increased their Q3 2027 earnings per share (EPS) estimates for shares of Commercial Vehicle Group in a research note issued on Wednesday, November 4th. Sidoti analyst J. Franzreb now anticipates that the company will post earnings per share of $0.12 for the quarter, up from their previous estimate of $0.11. The consensus estimate for Commercial Vehicle Group’s current full-year earnings is ($0.20) per share. Sidoti also issued estimates for Commercial Vehicle Group’s Q4 2027 earnings at $0.05 EPS, FY2027 earnings at $0.33 EPS, Q1 2028 earnings at $0.07 EPS, Q2 2028 earnings at $0.17 EPS, Q3 2028 earnings at $0.20 EPS and FY2028 earnings at $0.54 EPS.

Commercial Vehicle Group (NASDAQ:CVGI) last released its quarterly earnings results on Monday, November 2nd. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.01). Commercial Vehicle Group had a negative return on equity of 9.49% and a negative net margin of 1.43%. The company had revenue of $208.09 million for the quarter, compared to analysts’ expectations of $190.93 million.

Several other brokerages have also recently issued reports on CVGI. Weiss Ratings reissued a “sell (d-)” rating on shares of Commercial Vehicle Group in a research note on Friday, September 4th. Wall Street Zen cut shares of Commercial Vehicle Group from a “buy” rating to a “hold” rating in a research note on Monday, August 10th. Two analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $6.00.

Commercial Vehicle Group Price Performance

Shares of NASDAQ CVGI opened at $3.42 on Thursday. The stock has a fifty day moving average price of $3.01 and a 200 day moving average price of $3.51. Commercial Vehicle Group has a 1-year low of $1.29 and a 1-year high of $5.88. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.92 and a quick ratio of 1.16. The company has a market cap of $138.96 million, a PE ratio of -10.69 and a beta of 1.37.

Hedge Funds Weigh In On Commercial Vehicle Group

A number of large investors have recently modified their holdings of CVGI. BlackRock Inc. acquired a new stake in shares of Commercial Vehicle Group in the 2nd quarter valued at approximately $10,816,000. Renaissance Technologies LLC boosted its stake in shares of Commercial Vehicle Group by 6.8% in the first quarter. Renaissance Technologies LLC now owns 1,731,491 shares of the company’s stock valued at $5,904,000 after buying an additional 109,528 shares in the last quarter. Sei Investments Co. purchased a new stake in shares of Commercial Vehicle Group in the first quarter valued at approximately $1,262,000. Arrowstreet Capital Limited Partnership grew its holdings in Commercial Vehicle Group by 20.0% during the first quarter. Arrowstreet Capital Limited Partnership now owns 281,590 shares of the company’s stock worth $960,000 after acquiring an additional 46,898 shares during the period. Finally, Walleye Capital LLC acquired a new position in Commercial Vehicle Group during the first quarter worth $851,000. 72.32% of the stock is owned by hedge funds and other institutional investors.

About Commercial Vehicle Group

Commercial Vehicle Group, Inc (NASDAQ: CVGI) is a supplier of systems, components and assemblies for commercial vehicles and other specialty equipment. The company serves original equipment manufacturers in markets such as heavy-duty trucks, construction equipment, agricultural machinery, military vehicles and other industrial applications.

Its products include vehicle seating systems, cab structures, sleeper cabs, trim and interior components, instrument panels, control systems, wire harnesses and other electrical assemblies.