Commercial Vehicle Group (CVGI) Getting Favorable News Coverage, Report Shows
Media coverage about Commercial Vehicle Group (NASDAQ:CVGI) has been trending positive recently, Accern reports. The research group identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Commercial Vehicle Group earned a news sentiment score of 0.26 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.9319431782181 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Separately, Zacks Investment Research raised Commercial Vehicle Group from a “hold” rating to a “buy” rating and set a $8.75 target price on the stock in a report on Thursday, October 19th.
Commercial Vehicle Group (CVGI) traded up 1.49% on Tuesday, reaching $8.20. The company’s stock had a trading volume of 49,428 shares. The firm has a market capitalization of $244.96 million, a PE ratio of 107.89 and a beta of 0.79. The stock’s 50 day moving average is $7.38 and its 200-day moving average is $7.80. Commercial Vehicle Group has a 52 week low of $4.36 and a 52 week high of $9.62.
Commercial Vehicle Group (NASDAQ:CVGI) last issued its quarterly earnings results on Monday, August 7th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.05). Commercial Vehicle Group had a net margin of 0.34% and a return on equity of 10.65%. The firm had revenue of $195.13 million for the quarter, compared to the consensus estimate of $186.20 million. During the same quarter in the prior year, the firm earned $0.10 earnings per share. The company’s revenue was up 9.5% on a year-over-year basis. Analysts predict that Commercial Vehicle Group will post $0.36 EPS for the current year.
TRADEMARK VIOLATION WARNING: This article was originally published by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are reading this article on another website, it was stolen and republished in violation of United States & international copyright law. The legal version of this article can be read at https://theolympiareport.com/2017/10/31/commercial-vehicle-group-cvgi-getting-favorable-news-coverage-report-shows.html.
Commercial Vehicle Group Company Profile
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.
Receive News & Ratings for Commercial Vehicle Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Commercial Vehicle Group Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.