Recent extremely meaningful negative changes in fundamentals have impacted Commercial Vehicle Group Inc (NASDAQ: CVGI): significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
CVGI is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Commercial Vehicle Group has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Commercial Vehicle Group has a good Appreciation Score of 81 but a very low Power Rating of 3, triggering the Negative Value Trend Rating.
Recent Price Action
On 9/3/24, Commercial Vehicle Group Inc (NASDAQ: CVGI) stock suffered a large decline of -6.1%, closing at $3.41. However, trading volume in this decline was unusually low at 63% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -7.6% during the last week.
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