Commercial Vehicle Group
CVGI

$5.37

1.1%

Market Cap: 185M

About: Commercial Vehicle Group Inc is a supplier of cab-related products and systems. Its operating segments are Vehicle Solutions, Industrial Automation, Electrical Systems, and Aftermarket and Accessories. Vehicle Solutions segment designs manufacture and sell Commercial vehicle seats and Plastic components. Warehouse Automation segment designs, manufactures, and sells Warehouse automation subsystems including control panels, electro-mechanical assemblies, cable assemblies, and power and communication solutions. Electrical Systems segment designs, manufactures and sells cable and harness assemblies for both high and low voltage applications, control boxes, dashboard assemblies, and design and engineering for these applications. The company makes majority of its revenue from Vehicle Solutions.

Employees: 8,200

Consumer Discretionary Motor Vehicle Parts & Accessories

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 4 analysts

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

2,075% more call options, than puts

Call options by funds: $87K | Put options by funds: $4K

14% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 35

0.44% less ownership

Funds ownership: 72.55% [Q4 2023] → 72.11% (-0.44%) [Q1 2024]

4% less funds holding

Funds holding: 106 [Q4 2023] → 102 (-4) [Q1 2024]

8% less capital invested

Capital invested by funds: $171M [Q4 2023] → $157M (-$14.3M) [Q1 2024]

22% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 18

67% less funds holding in top 10

Funds holding in top 10: 3 [Q4 2023] → 1 (-2) [Q1 2024]

See Fund Rankings

Research analyst outlook

4 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$10

86%

upside

Avg. target

$10

86%

upside

High target

$10

86%

upside

4 analyst ratings

4 positive

100%

0 neutral

0%

0 negative

0%

Barrington Research Gary Prestopino	86%upside $10	Outperform Maintained	6 May 2024
Barrington Research Gary Prestopino	86%upside $10	Outperform Reiterated	6 Mar 2024
Barrington Research Gary Prestopino	86%upside $10	Outperform Reiterated	5 Mar 2024
Barrington Research Gary Prestopino	86%upside $10	Outperform Reiterated	4 Mar 2024

See Analyst Rankings

Financial journalist opinion

CVG Announces Second Quarter 2024 Earnings Call

NEW ALBANY, Ohio, July 26, 2024 (GLOBE NEWSWIRE) -- CVG (NASDAQ: CVGI) will hold its quarterly conference call on Tuesday, August 6, 2024, at 8:30 a.m. ET, to discuss second quarter 2024 financial results. CVG will issue a press release and presentation prior to the conference call.

CVG Announces Second Quarter 2024 Earnings Call

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

NEW ALBANY, Ohio, June 07, 2024 (GLOBE NEWSWIRE) -- CVG (NASDAQ: CVGI) announced today that James Ray, President and Chief Executive Officer, and Andy Cheung, Executive Vice President and Chief Financial Officer, will present virtually at the Sidoti Small-Cap Virtual Conference on June 13, 2024, at 9:15 a.m. ET. A link to the webcast and associated presentation materials can be accessed through the investor section of the Company's website at cvgrp.com.

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

Commercial Vehicle Group, Inc. (CVGI) Q1 2024 Earnings Call Transcript

Commercial Vehicle Group, Inc. (NASDAQ:CVGI ) Q1 2024 Earnings Conference Call May 7, 2024 10:00 AM ET Company Participants Andy Cheung - CFO James Ray - President and CEO Conference Call Participants John Franzreb - Sidoti and Company Gary Prestopino - Barrington Research Joshua Zoepfel - Noble Capital Markets Steven Martin - Slater Operator Good morning, ladies and gentlemen, and welcome to the CVGI Q1 2024 Earnings Conference Call. At this time, all lines are in a listen-only mode.

Commercial Vehicle Group, Inc. (CVGI) Q1 2024 Earnings Call Transcript

Zacks Investment Research

Commercial Vehicle Group (CVGI) Misses Q1 Earnings and Revenue Estimates

Commercial Vehicle Group (CVGI) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.28 per share a year ago.

Commercial Vehicle Group (CVGI) Misses Q1 Earnings and Revenue Estimates

CVG Reports First Quarter 2024 Results

EPS of $0.09, Adjusted EBITDA of $12.7 million Electrical Systems revenues up 1.9% year-over-year despite a softening in end markets Reaffirming full-year Revenue and Adjusted EBITDA guidance ranges

CVG Reports First Quarter 2024 Results

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, plastic products and robotic assemblies, today introduced a new prototype automation system called STACC, a modular and expandable goods-to-person solution that is expected to be available in multiple configurations for connection to upstream and downstream automation systems. We believe STACC, which stands for Stacked, Tote, Automated, Conveyance Cube, could disrupt traditional micro-fulfillment markets.

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

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 Financial Officer, will present virtually at the Sidoti Small-Cap Virtual Conference on March 14, 2024, at 9:15 a.m. ET. A link to the webcast and associated presentation materials can be accessed through the investor section of the Company's website at cvgrp.com.

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

Commercial Vehicle Group, Inc. (CVGI) Q4 2023 Earnings Call Transcript

Commercial Vehicle Group, Inc. (CVGI) Q4 2023 Earnings Call Transcript

Commercial Vehicle Group, Inc. (CVGI) Q4 2023 Earnings Call Transcript

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

CVG Reports Fourth Quarter and Full Year 2023 Results

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, to discuss fourth quarter and full year 2023 financial results. CVG will issue a press release and presentation prior to the conference call.

CVG Announces Fourth Quarter and Full Year 2023 Earnings Call

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