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OFFON

COMMERCIAL VEHICLE GROUP, INC.

(CVGI)
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Commercial Vehicle Group: Q2 Earnings Snapshot

08/03/2021 | 05:29pm EDT

NEW ALBANY, Ohio (AP) _ Commercial Vehicle Group Inc. (CVGI) on Tuesday reported second-quarter net income of $5.1 million, after reporting a loss in the same period a year earlier.

The New Albany, Ohio-based company said it had net income of 16 cents per share. Earnings, adjusted for one-time gains and costs, came to 33 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share.

The supplier of products for heavy duty trucks posted revenue of $257.9 million in the period.

Commercial Vehicle Group shares have risen roughly 1% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $8.71, more than tripling in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CVGI at https://www.zacks.com/ap/CVGI

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News

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Analyst Recommendations on COMMERCIAL VEHICLE GROUP, INC.
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Financials (USD)
Sales 2021 1 020 M - -
Net income 2021 33,5 M - -
Net Debt 2021 84,3 M - -
P/E ratio 2021 9,65x
Yield 2021 -
Capitalization 332 M 332 M -
EV / Sales 2021 0,41x
EV / Sales 2022 0,36x
Nbr of Employees 7 200
Free-Float 90,4%
Chart COMMERCIAL VEHICLE GROUP, INC.
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Commercial Vehicle Group, Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends COMMERCIAL VEHICLE GROUP, INC.
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 2
Last Close Price 10,08 $
Average target price 18,50 $
Spread / Average Target 83,5%
EPS Revisions
Managers and Directors
Harold C. Bevis President, Chief Executive Officer & Director
Christopher H. Bohnert Chief Financial Officer
Robert C. Griffin Chairman
Aneezal H. Mohamed Secretary, Compliance Officer & General Counsel
Roger L. Fix Independent Director
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