Commercial Vehicle Group (NASDAQ:CVGI) Issues Earnings Results, Misses Estimates By $0.19 EPS

Commercial Vehicle Group (NASDAQ:CVGI) issued its quarterly earnings data on Monday. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.19), Zacks reports. Commercial Vehicle Group had a net margin of 3.98% and a return on equity of 5.17%. Commercial Vehicle Group updated its FY 2025 guidance to EPS.

Commercial Vehicle Group Stock Performance

Shares of NASDAQ CVGI traded down $0.17 during midday trading on Monday, reaching $1.86. 485,334 shares of the stock were exchanged, compared to its average volume of 212,784. The company has a quick ratio of 1.43, a current ratio of 2.31 and a debt-to-equity ratio of 0.70. The firm has a market cap of $64.17 million, a price-to-earnings ratio of 1.82, a PEG ratio of 0.43 and a beta of 2.39. The firm has a 50-day simple moving average of $2.12 and a two-hundred day simple moving average of $2.62. Commercial Vehicle Group has a twelve month low of $1.81 and a twelve month high of $6.64.

Institutional Trading of Commercial Vehicle Group

A hedge fund recently raised its stake in Commercial Vehicle Group stock. Bank of America Corp DE lifted its position in shares of Commercial Vehicle Group, Inc. (NASDAQ:CVGI) by 46.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,473 shares of the company’s stock after acquiring an additional 10,242 shares during the quarter. Bank of America Corp DE owned 0.09% of Commercial Vehicle Group worth $81,000 as of its most recent SEC filing. 72.32% of the stock is owned by institutional investors and hedge funds.

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.