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After finishing at $2.22 in the prior trading day, Commercial Vehicle Group Inc (NASDAQ: CVGI) closed at $2.17, down -2.25%. In other words, the price has decreased by -$2.25 from its previous closing price. On the day, 0.45 million shares were traded. CVGI stock price reached its highest trading level at $2.2 during the session, while it also had its lowest trading level at $2.1.
Ratios:
Our goal is to gain a better understanding of CVGI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.43 and its Current Ratio is at 2.31. In the meantime, Its Debt-to-Equity ratio is 0.89 whereas as Long-Term Debt/Eq ratio is at 0.84.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Noble Capital Markets on December 01, 2022, initiated with a Outperform rating and assigned the stock a target price of $10.
On August 11, 2020, Colliers Securities Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $6.50.
Barrington Research reiterated its Outperform rating for the stock on September 18, 2019, while the target price for the stock was revised from $7.50 to $8.50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 03 ’24 when Nauman J Michael bought 19,362 shares for $2.42 per share. The transaction valued at 46,856 led to the insider holds 82,997 shares of the business.
Nauman J Michael bought 2,838 shares of CVGI for $6,726 on Dec 04 ’24. The Director now owns 85,835 shares after completing the transaction at $2.37 per share. On Dec 02 ’24, another insider, Nauman J Michael, who serves as the Director of the company, bought 2,800 shares for $2.40 each. As a result, the insider paid 6,720 and bolstered with 63,635 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CVGI now has a Market Capitalization of 74861968 and an Enterprise Value of 199142928. As of this moment, Commercial’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.13, and their Forward P/E ratio for the next fiscal year is 18.87. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.09 while its Price-to-Book (P/B) ratio in mrq is 0.38. Its current Enterprise Value per Revenue stands at 0.218 whereas that against EBITDA is 4.368.
Stock Price History:
The Beta on a monthly basis for CVGI is 2.37, which has changed by -0.6630435 over the last 52 weeks, in comparison to a change of 0.23806548 over the same period for the S&P500. Over the past 52 weeks, CVGI has reached a high of $6.97, while it has fallen to a 52-week low of $2.08. The 50-Day Moving Average of the stock is -12.17%, while the 200-Day Moving Average is calculated to be -47.41%.
Shares Statistics:
The stock has traded on average 311.23K shares per day over the past 3-months and 390630 shares per day over the last 10 days, according to various share statistics. A total of 31.35M shares are outstanding, with a floating share count of 29.70M. Insiders hold about 13.90% of the company’s shares, while institutions hold 68.18% stake in the company. Shares short for CVGI as of 1734048000 were 765284 with a Short Ratio of 2.46, compared to 1731628800 on 670093. Therefore, it implies a Short% of Shares Outstanding of 765284 and a Short% of Float of 2.3699999.
Earnings Estimates
Current recommendations for the stock of the company come from 2.0 analysts. The consensus estimate for the next quarter is -$0.01, with high estimates of -$0.01 and low estimates of -$0.01.
Analysts are recommending an EPS of between $0.11 and -$0.1 for the fiscal current year, implying an average EPS of $0.0. EPS for the following year is $0.12, with 2.0 analysts recommending between $0.13 and $0.1.
Revenue Estimates
3 analysts predict $158.36M in revenue for the current quarter. It ranges from a high estimate of $164.73M to a low estimate of $150.36M. As of the current estimate, Commercial Vehicle Group Inc’s year-ago sales were $223.09MFor the next quarter, 3 analysts are estimating revenue of $169.44M. There is a high estimate of $172.27M for the next quarter, whereas the lowest estimate is $166.6M.
A total of 3 analysts have provided revenue estimates for CVGI’s current fiscal year. The highest revenue estimate was $798.48M, while the lowest revenue estimate was $710.42M, resulting in an average revenue estimate of $743M. In the same quarter a year ago, actual revenue was $994.68MBased on 3 analysts’ estimates, the company’s revenue will be $691.85M in the next fiscal year. The high estimate is $715M and the low estimate is $660.75M.
