Shares of Commercial Vehicle Group, Inc. (NASDAQ:CVGI) have been assigned an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.

Brokers have set a 1 year consensus target price of $13.00 for the company and are forecasting that the company will post $0.13 EPS for the current quarter, according to Zacks. Zacks has also given Commercial Vehicle Group an industry rank of 122 out of 265 based on the ratings given to related companies.

Several research firms recently weighed in on CVGI. BidaskClub raised Commercial Vehicle Group from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, January 23rd. Zacks Investment Research raised Commercial Vehicle Group from a “hold” rating to a “strong-buy” rating and set a $13.00 price target on the stock in a research note on Wednesday, January 17th. Finally, ValuEngine lowered Commercial Vehicle Group from a “buy” rating to a “hold” rating in a research note on Friday, December 1st.

Several hedge funds have recently made changes to their positions in CVGI. Schwab Charles Investment Management Inc. acquired a new stake in shares of Commercial Vehicle Group during the second quarter valued at about $359,000. Bank of New York Mellon Corp boosted its stake in shares of Commercial Vehicle Group by 58.0% during the second quarter. Bank of New York Mellon Corp now owns 183,091 shares of the company’s stock valued at $1,547,000 after purchasing an additional 67,230 shares in the last quarter. Teachers Advisors LLC acquired a new stake in shares of Commercial Vehicle Group during the second quarter valued at about $378,000. TIAA CREF Investment Management LLC acquired a new stake in shares of Commercial Vehicle Group during the second quarter valued at about $910,000. Finally, New York State Common Retirement Fund acquired a new stake in shares of Commercial Vehicle Group during the second quarter valued at about $227,000. 76.36% of the stock is currently owned by hedge funds and other institutional investors.

Commercial Vehicle Group (NASDAQ:CVGI) traded up $0.10 during trading hours on Wednesday, reaching $10.51. The company had a trading volume of 437,460 shares, compared to its average volume of 327,705. The firm has a market capitalization of $333.88, a price-to-earnings ratio of 52.55 and a beta of 1.16. The company has a quick ratio of 1.44, a current ratio of 2.09 and a debt-to-equity ratio of 2.10. Commercial Vehicle Group has a fifty-two week low of $5.35 and a fifty-two week high of $13.90.

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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.

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