Looking at the stock we see that its previous close was $2.06 and the beta (5Y monthly) reads 2.349 with the day’s price range being $1.995 – $2.125. The company has a trailing 12-month PE ratio of 2.02. In terms of its 52-week price range, CVGI has a high of $6.97 and a low of $1.81. The company’s stock has lost about -7.21% over that past 30 days.
Commercial Vehicle Group Inc has a market cap of $71.07 million and is expected to release its quarterly earnings report in March.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 158.36M, with a low of 150.36M and a high of 164.73M. The median projection represents growth adding up to -29.01% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 743M, or -25.30% down from figures reported last year.
On the other hand, looking at the outlook for the CVGI stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell.
Based on estimates by 1 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the Commercial Vehicle Group Inc (CVGI) stock as a Hold, while 1 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is -1.74% off its SMA20 and -7.05% from its 50-day simple moving average. The RSI (14) is pointing at 47.08 while the volatility over the past week is 7.24% and jumps to 5.61% over the past one month. The beta value is 2.41, while the average true range (ATR) is currently pointing at 0.13. The average price target for the stock over the next 12 months is $10, with the estimates having a low of $10 and a high of $10. These price ends are -385.44% and -385.44% off the current price level respectively, although investors could be excited at the prospect of a -385.44% if the CVGI share price touches on the median price of $10.
Coming back to Commercial Vehicle Group Inc (NASDAQ:CVGI), we note that the average 3-month trading volume was 358.03K, while that of the preceding 10-day period stands at 0.42 million. Current shares outstanding are 31.35 million.
The insiders hold 13.90% of the company’s shares while institutions hold 67.62%. The data shows that short shares as of 2025-01-31, stood at 1.01 million at a short ratio of 3.08. This represents a 311.00 short interest in shares outstanding on 2025-01-31. Shares short rose in January from the previous month at 0.9 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -16.94% down in year-to-date price movement.
