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

Commercial Vehicle Group (NASDAQ:CVGI) released its quarterly earnings results on Monday. The company reported ($0.15) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.08), Zacks reports. Commercial Vehicle Group had a net margin of 3.98% and a return on equity of 5.17%. The business 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 Stock Down 3.8 %

NASDAQ CVGI opened at $1.79 on Wednesday. Commercial Vehicle Group has a 1-year low of $1.79 and a 1-year high of $6.64. 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 50 day moving average of $2.11 and a 200-day moving average of $2.61. The company has a market cap of $61.75 million, a price-to-earnings ratio of 1.75, a PEG ratio of 0.43 and a beta of 2.39.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Commercial Vehicle Group stock. Bank of America Corp DE raised its holdings in Commercial Vehicle Group, Inc. (NASDAQ:CVGI) by 46.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,473 shares of the company’s stock after acquiring an additional 10,242 shares during the period. Bank of America Corp DE owned about 0.09% of Commercial Vehicle Group worth $81,000 at the end of the most recent quarter. 72.32% of the stock is owned by hedge funds and other institutional investors.

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.