Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Commercial Vehicle Group (CVGI) Stock Price

Headlines about Commercial Vehicle Group (NASDAQ:CVGI) have been trending somewhat positive recently, according to Accern. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Commercial Vehicle Group earned a media sentiment score of 0.00 on Accern’s scale. Accern also gave news headlines about the company an impact score of 46.8600839195964 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Several brokerages have weighed in on CVGI. BidaskClub downgraded shares of Commercial Vehicle Group from a “hold” rating to a “sell” rating in a research note on Saturday, February 17th. Zacks Investment Research upgraded shares of Commercial Vehicle Group from a “hold” rating to a “strong-buy” rating and set a $12.00 price objective for the company in a research note on Tuesday, January 2nd. Finally, ValuEngine downgraded shares of Commercial Vehicle Group from a “buy” rating to a “hold” rating in a research note on Monday, March 19th.

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Shares of NASDAQ:CVGI traded down $0.15 on Friday, hitting $7.53. 560,574 shares of the company were exchanged, compared to its average volume of 506,695. Commercial Vehicle Group has a 1-year low of $5.55 and a 1-year high of $13.90. The company has a current ratio of 2.22, a quick ratio of 1.42 and a debt-to-equity ratio of 2.19. The company has a market capitalization of $233.47, a P/E ratio of 17.11 and a beta of 1.50.

Commercial Vehicle Group (NASDAQ:CVGI) last issued its earnings results on Monday, March 12th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by ($0.01). Commercial Vehicle Group had a positive return on equity of 18.39% and a negative net margin of 0.23%. The business had revenue of $188.30 million for the quarter, compared to analysts’ expectations of $191.10 million. During the same period last year, the business earned $0.02 EPS. The company’s revenue for the quarter was up 25.5% on a year-over-year basis. equities analysts forecast that Commercial Vehicle Group will post 1.18 EPS for the current year.

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About Commercial Vehicle Group

Commercial Vehicle Group, Inc, together with its subsidiaries, designs, engineers, produces, and sells a range of cab related products and systems in North America, Europe, and the Asia Pacific regions. It operates through two segments, the Global Truck and Bus, and the Global Construction and Agriculture.

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