Commercial Vehicle Group, Inc. (CVGI)

NASDAQ: CVGI · IEX Real-Time Price · USD
6.35
+0.02 (0.32%)
Apr 22, 2024, 4:00 PM EDT - Market closed
0.32%
Market Cap 215.25M
Revenue (ttm) 994.68M
Net Income (ttm) 49.41M
Shares Out 33.90M
EPS (ttm) 1.47
PE Ratio 4.32
Forward PE 7.46
Dividend n/a
Ex-Dividend Date n/a
Volume 87,512
Open 6.35
Previous Close 6.33
Day's Range 6.29 - 6.44
52-Week Range 5.48 - 11.96
Beta 2.71
Analysts Buy
Price Target 10.00 (+57.48%)
Earnings Date Apr 30, 2024

About CVGI

Commercial Vehicle Group, Inc., together with its subsidiaries, designs, manufactures, assembles, and sells systems, assemblies, and components to commercial and electric vehicle, and industrial automation markets in North America, Europe, and the Asia-Pacific regions. The company operates in four segments: Vehicle Solutions, Electrical Systems, Aftermarket & Accessories, and Industrial Automation. It offers vehicle seats and seating systems, such as static, mechanical, and air suspension seats, as well as office seating products under KAB Seat... [Read more]

Industry Auto Parts
IPO Date Aug 5, 2004
Employees 7,700
Stock Exchange NASDAQ
Ticker Symbol CVGI
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for CVGI stock is "Buy" and the 12-month stock price forecast is $10.0.

Price Target
$10.0
(57.48% upside)
Analyst Consensus: Buy
Stock Forecasts

News

CVG Unveils STACC(TM) at MODEX 2024: Revolutionizing Micro Fulfillment

NEW ALBANY, OH / ACCESSWIRE / March 12, 2024 / Commercial Vehicle Group (CVG) (NASDAQ:CVGI), a global leader in the design and manufacturing of electrical systems, vehicle components and accessories, ...

5 weeks ago - Accesswire

CVG Announces Participation in the Sidoti Virtual Small-Cap Investor Conference

NEW ALBANY, Ohio, March 11, 2024 (GLOBE NEWSWIRE) -- CVG (NASDAQ: CVGI) announced today that James Ray, President and Chief Executive Officer, and Andy Cheung, Executive Vice President and Chief Finan...

6 weeks ago - GlobeNewsWire

CVG Reports Fourth Quarter and Full Year 2023 Results

Fourth quarter sales of $223 million, record annual sales of $995 million  Full year adjusted EBITDA margins increased by 140 bps to 6.8%  Provides outlook and guidance for full year 2024

7 weeks ago - GlobeNewsWire

CVG Announces Fourth Quarter and Full Year 2023 Earnings Call

NEW ALBANY, Ohio, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Commercial Vehicle Group (the “Company” or “CVG”) (NASDAQ: CVGI) will hold its quarterly conference call on Tuesday, March 5, 2024, at 10:00 a.m. ET...

2 months ago - GlobeNewsWire

Commercial Vehicle Group Completes Sale of FinishTEK Business to Rowmark LLC

NEW ALBANY, Ohio, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Commercial Vehicle Group (CVG) (NASDAQ: CVGI), a global leader in the design and manufacturing of electrical systems, vehicle components and accesso...

2 months ago - GlobeNewsWire

CVG Announces Election of William C. Johnson to Board of Directors

NEW ALBANY, Ohio, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Commercial Vehicle Group (the “Company” or “CVG”) (NASDAQ: CVGI), a global leader in the design and manufacturing of electrical systems, vehicle com...

4 months ago - GlobeNewsWire

Commercial Vehicle Group Appoints James Ray as President and Chief Executive Officer

NEW ALBANY, Ohio, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Commercial Vehicle Group (“CVG” or the “Company”) (NASDAQ: CVGI), a global leader in the design and manufacturing of electrical systems, vehicle com...

4 months ago - GlobeNewsWire

CVG Announces Participation in the NobleCon19 Investor Conference

NEW ALBANY, Ohio, Nov. 28, 2023 (GLOBE NEWSWIRE) -- CVG (NASDAQ: CVGI) announced today that Andy Cheung, Executive Vice President and Chief Financial Officer, will present at NobleCon19 - Noble Capita...

5 months ago - GlobeNewsWire

CVG Announces Participation in the Sidoti Virtual Micro-Cap Investor Conference

NEW ALBANY, Ohio, Nov. 08, 2023 (GLOBE NEWSWIRE) -- CVG (NASDAQ: CVGI) announced today that Andy Cheung, Executive Vice President and Chief Financial Officer, will present virtually at the Sidoti Micr...

5 months ago - GlobeNewsWire

CVG Reports Third Quarter 2023 Results

EPS of $0.22, up 100% year-over-year Adjusted EBITDA of $16.6 million, up 16.1% year-over-year Our strategy continues to favorably impact our results as Electrical Systems revenues were up 16.8% year-...

6 months ago - GlobeNewsWire

Corinne Ross Joins Commercial Vehicle Group as President, Aftermarket & Accessories

NEW ALBANY, OH / ACCESSWIRE / October 30, 2023 / Commercial Vehicle Group (CVG) (NASDAQ:CVGI), a global leader in the design and manufacturing of electrical systems, mechanical components, and vehicle...

6 months ago - Accesswire

CVG Announces Third Quarter 2023 Earnings Call

NEW ALBANY, Ohio, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Commercial Vehicle Group (the “Company” or “CVG”) (NASDAQ: CVGI) will hold its quarterly conference call on Thursday, November 2, 2023, at 10:00 a.m...

6 months ago - GlobeNewsWire

CVG Announces Election of Melanie K. Cook to Board of Directors

NEW ALBANY, Ohio, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Commercial Vehicle Group (the “Company” or “CVG”) (NASDAQ: CVGI) announced today that its Board of Directors (the “Board”) has elected Melanie K. Co...

7 months ago - GlobeNewsWire

Commercial Vehicle Group (CVG) Announces New Electrical Manufacturing Facility in Tangier, Morocco

CVG Marks Its Entrance Into Africa With a State-of-the-Art Manufacturing Facility in Tangier, Further Solidifying Its Position in the Global Electrification Landscape NEW ALBANY, OH / ACCESSWIRE / Sep...

7 months ago - Accesswire

CVG Announces Participation in the D.A. Davidson Annual Diversified Industrials & Services Conference

NEW ALBANY, Ohio, Sept. 11, 2023 (GLOBE NEWSWIRE) -- CVG (NASDAQ: CVGI) announced today that Andy Cheung, Chief Financial Officer, will meet with investors at the D.A. Davidson Annual Diversified Indu...

8 months ago - GlobeNewsWire

CVG Reports Second Quarter 2023 Results

Strong quarterly revenues of $262 million, up 4.5% year-over-year EPS of $0.30, adjusted EBITDA of $20.8 million or 7.9% of revenue Continued strategy execution and operational excellence driving impr...

9 months ago - GlobeNewsWire

Commercial Vehicle Group (CVG) Announces a New Electrical Manufacturing Facility in Mexico

CVG Will Open an Additional Manufacturing Facility in Aldama, Mexico, to Support a Growing Roster of Customers in the Electric Vehicle Market NEW ALBANY, OH / ACCESSWIRE / July 27, 2023 / CVG (NASDAQ:...

9 months ago - Accesswire

CVG Announces Second Quarter 2023 Earnings Call

NEW ALBANY, Ohio, July 25, 2023 (GLOBE NEWSWIRE) -- CVG (NASDAQ: CVGI) will hold its quarterly conference call on Wednesday, August 2, 2023, at 10:00 a.m. ET, to discuss second quarter 2023 financial ...

9 months ago - GlobeNewsWire

CVG Added to Membership of the Russell 2000® Index

NEW ALBANY, Ohio, June 26, 2023 (GLOBE NEWSWIRE) -- CVG (NASDAQ: CVGI), a diversified industrial products and services company, was added to membership of the US small-cap Russell 2000® Index as part ...

10 months ago - GlobeNewsWire

CVG Announces Participation in the Barrington Virtual Spring Investment Conference

NEW ALBANY, Ohio, May 15, 2023 (GLOBE NEWSWIRE) -- CVG (NASDAQ: CVGI) announced today that Andy Cheung, Executive Vice President and Chief Financial Officer, will meet with investors at the Barrington...

1 year ago - GlobeNewsWire

CVG Announces CEO Transition and Reaffirms 2023 Outlook and Long-Term Strategy

NEW ALBANY, Ohio, May 09, 2023 (GLOBE NEWSWIRE) -- CVG (NASDAQ: CVGI), a diversified industrial products and services company, announced yesterday that Harold Bevis is resigning from his role as Presi...

1 year ago - GlobeNewsWire

CVG Reports First Quarter 2023 Results

Record quarterly revenues of $263 million, up 7.5% year-over-year EPS of $0.26, adjusted EBITDA of $19.8 million or 7.5% of revenue Strategy execution and operational excellence driving improvement in...

1 year ago - GlobeNewsWire

CVG Announces First Quarter 2023 Earnings Call

NEW ALBANY, Ohio, April 21, 2023 (GLOBE NEWSWIRE) -- CVG (NASDAQ: CVGI) will hold its quarterly conference call on Wednesday, May 3, 2023, at 10:00 a.m. ET, to discuss first quarter 2023 financial res...

1 year ago - GlobeNewsWire

CVG Announces Launch of Aftermarket E-Commerce Business Targeted at Commercial Vehicle Operators

Online, Ship-from-Stock for CVG's Aftermarket Products and more. NEW ALBANY, OH / ACCESSWIRE / April 12, 2023 / CVG (NASDAQ:CVGI) is thrilled to launch its aftermarket e-commerce business to support c...

1 year ago - Accesswire

CVG Expands Strategic Footprint to Continue Global Electrification Business Growth

CVG is expanding its global footprint, capacity, and capabilities with new facilities in Morocco and Mexico, which are expected to be operational Q3 of 2023. NEW ALBANY, OH / ACCESSWIRE / April 6, 202...

1 year ago - Accesswire