What is Noble Financial’s Estimate for CVGI FY2027 Earnings?

Commercial Vehicle Group, Inc. (NASDAQ:CVGI) – Analysts at Noble Financial dropped their FY2027 EPS estimates for shares of Commercial Vehicle Group in a report released on Friday, June 26th. Noble Financial analyst J. Gomes now expects that the company will post earnings per share of $0.07 for the year, down from their prior estimate of $0.10. Noble Financial currently has a “Outperform” rating on the stock. The consensus estimate for Commercial Vehicle Group’s current full-year earnings is ($0.10) per share.

A number of other research analysts also recently commented on the company. Wall Street Zen upgraded Commercial Vehicle Group from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Barrington Research restated an “outperform” rating and set a $6.00 target price on shares of Commercial Vehicle Group in a research note on Monday, May 4th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Commercial Vehicle Group in a report on Tuesday, June 9th. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $6.00.

Commercial Vehicle Group Stock Up 2.4%

Shares of NASDAQ CVGI opened at $4.62 on Tuesday. The company has a market capitalization of $168.72 million, a price-to-earnings ratio of -8.88 and a beta of 1.40. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.13 and a quick ratio of 1.20. The business has a 50-day moving average of $4.88 and a two-hundred day moving average of $3.14. Commercial Vehicle Group has a 1 year low of $1.29 and a 1 year high of $5.88.

Commercial Vehicle Group (NASDAQ:CVGI) last issued its earnings results on Tuesday, May 5th. The company reported ($0.10) EPS for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.04. The firm had revenue of $171.50 million during the quarter, compared to the consensus estimate of $159.97 million. Commercial Vehicle Group had a negative net margin of 2.70% and a negative return on equity of 12.47%.

Institutional Investors Weigh In On Commercial Vehicle Group

A number of institutional investors and hedge funds have recently made changes to their positions in the business. NewEdge Advisors LLC acquired a new stake in shares of Commercial Vehicle Group during the first quarter worth about $44,000. Bank of America Corp DE raised its stake in Commercial Vehicle Group by 56,502.1% during the 1st quarter. Bank of America Corp DE now owns 105,846 shares of the company’s stock valued at $361,000 after acquiring an additional 105,659 shares during the last quarter. Renaissance Technologies LLC raised its stake in Commercial Vehicle Group by 6.8% during the 1st quarter. Renaissance Technologies LLC now owns 1,731,491 shares of the company’s stock valued at $5,904,000 after acquiring an additional 109,528 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in Commercial Vehicle Group by 20.0% during the 1st 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, Sei Investments Co. purchased a new position in shares of Commercial Vehicle Group in the 1st quarter valued at approximately $1,262,000. 72.32% of the stock is owned by hedge funds and other institutional investors.

Commercial Vehicle Group Company Profile

Commercial Vehicle Group, Inc (NASDAQ: CVGI) is a global designer, engineer and manufacturer of seating systems and interior components for commercial vehicles. The company serves original equipment manufacturers (OEMs) in the on?highway, off?highway and specialty vehicle markets, supplying complete seating assemblies, suspension mechanisms and interior trim products. CVGI’s offerings are aimed at enhancing driver comfort, safety and overall vehicle usability across a diverse range of applications, from heavy?duty trucks and transit buses to agricultural and construction equipment.

The company’s product portfolio is organized around three core segments: Seating, Controls and Interiors.