Commercial Vehicle Group (NASDAQ:CVGI) Posts Quarterly Earnings Results, Misses Estimates By $0.11 EPS

Commercial Vehicle Group (NASDAQ:CVGI) issued its quarterly earnings data on Monday. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.11), Yahoo Finance reports. Commercial Vehicle Group had a return on equity of 15.85% and a net margin of 4.53%. The company had revenue of $229.91 million during the quarter, compared to analyst estimates of $237.69 million. During the same quarter in the prior year, the company posted $0.32 earnings per share.

Commercial Vehicle Group Price Performance

Commercial Vehicle Group stock opened at $3.98 on Wednesday. The firm has a market cap of $136.82 million, a PE ratio of 3.04, a price-to-earnings-growth ratio of 0.31 and a beta of 2.52. Commercial Vehicle Group has a 52-week low of $3.76 and a 52-week high of $10.74. The company has a quick ratio of 1.48, a current ratio of 2.30 and a debt-to-equity ratio of 0.79. The company’s 50 day moving average is $5.11 and its two-hundred day moving average is $5.81.

Analyst Upgrades and Downgrades

Separately, Barrington Research restated an “outperform” rating and issued a $10.00 price objective on shares of Commercial Vehicle Group in a report on Monday.

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.