Commercial Vehicle Group Inc (NASDAQ: CVGI) has reported earnings for its fourth fiscal quarter (ending December 31) of $0.70 versus a loss $-0.98 for the same period a year ago. For the latest four quarters through December 31, E.P.S. were $1.50 versus $-0.68 for the same period a year ago.
Recent Price Action
Commercial Vehicle Group Inc (NASDAQ: CVGI) stock declined slightly by -0.6% on 3/4/24. The stock closed at $6.66. This decline was accompanied by normal trading volume. Relative to the market the stock has been extremely weak over the last nine months but has risen 1.5% during the last week.
Current PriceTarget Research Rating
CVGI’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
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 inconsistent signals. Commercial Vehicle Group has a neutral Appreciation Score of 52 but a poor Power Rating of 16, producing the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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