Commercial Vehicle Group (CVGI) Receiving Somewhat Positive Press Coverage, Study Finds
Headlines about Commercial Vehicle Group (NASDAQ:CVGI) have been trending somewhat positive this week, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Commercial Vehicle Group earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news coverage about the company an impact score of 46.8041766164354 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of Commercial Vehicle Group (CVGI) opened at 7.54 on Friday. The firm has a market cap of $225.24 million, a price-to-earnings ratio of 99.21 and a beta of 0.80. Commercial Vehicle Group has a 12 month low of $4.36 and a 12 month high of $9.62. The company has a 50-day moving average price of $6.56 and a 200-day moving average price of $7.60.
Commercial Vehicle Group (NASDAQ:CVGI) last issued its quarterly earnings data on Monday, August 7th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.05). The company had revenue of $195.13 million during the quarter, compared to analysts’ expectations of $186.20 million. Commercial Vehicle Group had a return on equity of 10.65% and a net margin of 0.34%. The business’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same period last year, the company earned $0.10 earnings per share. Analysts forecast that Commercial Vehicle Group will post $0.36 earnings per share for the current fiscal year.
Separately, Zacks Investment Research lowered Commercial Vehicle Group from a “buy” rating to a “hold” rating in a research report on Friday, August 11th.
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About Commercial Vehicle Group
Commercial Vehicle Group, Inc is a supplier of a range of cab-related products and systems. The Company operates through two segments: the Global Truck and Bus Segment (GTB Segment) and the Global Construction and Agriculture Segment (GCA Segment). The GTB Segment manufactures and sells products, which include Seats, Trim, sleeper boxes, cab structures, structural components and body panels, and mirrors and wiper systems.
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