At the time of writing, Commercial Vehicle Group Inc [CVGI] stock is trading at $1.03, up 8.42%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CVGI shares have gain 21.01% over the last week, with a monthly amount drifted -27.97%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Commercial Vehicle Group Inc [NASDAQ: CVGI] stock has seen the most recent analyst activity on December 01, 2022, when Noble Capital Markets initiated its Outperform rating and assigned the stock a price target of $10. Previously, Colliers Securities upgraded its rating to Buy on August 11, 2020, and kept the price target unchanged to $6.50. On September 18, 2019, Barrington Research reiterated its Outperform rating and revised its price target to $8.50 on the stock. Barrington Research started tracking the stock assigning a Outperform rating and suggested a price target of $7.50 on August 29, 2019. Dougherty & Company initiated its recommendation with a Neutral. In a note dated March 30, 2017, Seaport Global Securities upgraded an Buy rating on this stock and boosted its target price from $5.50 to $7.
For the past year, the stock price of Commercial Vehicle Group Inc fluctuated between $0.81 and $6.43. Currently, Wall Street analysts expect the stock to reach $10 within the next 12 months. Commercial Vehicle Group Inc [NASDAQ: CVGI] shares were valued at $1.03 at the most recent close of the market. An investor can expect a potential return of 870.87% based on the average CVGI price forecast.
Analyzing the CVGI fundamentals
According to Commercial Vehicle Group Inc [NASDAQ:CVGI], the company’s sales were 797.04M for trailing twelve months, which represents an -26.80% plunge. Gross Profit Margin for this corporation currently stands at 0.11% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.17 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.23.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.9347 points at the first support level, and at 0.8393 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.1027, and for the 2nd resistance point, it is at 1.1753.
Ratios To Look Out For
It is important to note that Commercial Vehicle Group Inc [NASDAQ:CVGI] has a current ratio of 2.41. As well, the Quick Ratio is 1.39, while the Cash Ratio is 0.21. Considering the valuation of this stock, the price to sales ratio is 0.04, the price to book ratio is 0.24.
Transactions by insiders
Recent insider trading involved Nauman J Michael, Director, that happened on Dec 03 ’24 when 19362.0 shares were purchased. Director, Nauman J Michael completed a deal on Dec 04 ’24 to buy 2838.0 shares. Meanwhile, Director Nauman J Michael bought 2800.0 shares on Dec 02 ’24.
