Press coverage about Commercial Vehicle Group (NASDAQ:CVGI) has trended somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Commercial Vehicle Group earned a news sentiment score of 0.10 on Accern’s scale. Accern also gave press coverage about the company an impact score of 47.1678313462975 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:
- Bridgestone Americas Names New President of Commercial Business for U.S. & Canada (finance.yahoo.com)
- Bridgestone Group and Americas Employees Give for Hurricane Relief (bizjournals.com)
- Trucking Industry Backs Bills Easing Self-Driving Vehicle Regulation (insurancejournal.com)
- Global Electric Vehicle Supply Equipment Market Worth US$ 726 Mn by 2022 – Persistence Market Research (prnewswire.com)
- Commercial Vehicle Run Flat Tire Inserts Market: Need for Added Safety of Military and Border Patrol Vehicles Boosts Adoption (sbwire.com)
Commercial Vehicle Group (NASDAQ CVGI) opened at 6.48 on Tuesday. Commercial Vehicle Group has a 12-month low of $4.36 and a 12-month high of $9.62. The company has a market capitalization of $193.58 million, a P/E ratio of 85.26 and a beta of 0.71. The stock’s 50 day moving average is $6.73 and its 200-day moving average is $7.51.
Commercial Vehicle Group (NASDAQ:CVGI) last announced its earnings results on Monday, August 7th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.13 by ($0.05). The business had revenue of $195.13 million during the quarter, compared to the consensus estimate of $186.20 million. Commercial Vehicle Group had a net margin of 0.34% and a return on equity of 10.65%. The company’s revenue was up 9.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.10 EPS. On average, equities analysts predict that Commercial Vehicle Group will post $0.36 earnings per share for the current fiscal year.
Separately, Zacks Investment Research downgraded shares of Commercial Vehicle Group from a “buy” rating to a “hold” rating in a report on Friday, August 11th.
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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