Commercial Vehicle Group Stock Today

CVGI Stock  USD 3.17  0.05  1.60%   

Performance

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Odds Of Distress

Less than 3

 
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Commercial Vehicle is trading at 3.17 as of the 5th of October 2024. This is a 1.60 percent increase since the beginning of the trading day. The stock's open price was 3.12. Commercial Vehicle has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Commercial Vehicle Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of August 2024 and ending today, the 5th of October 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
5th of August 2004
Category
Consumer Cyclical
Classification
Industrials
Commercial Vehicle Group, Inc., together with its subsidiaries, designs, manufactures, produces, and sells components and assemblies in North America, Europe, and the Asia-Pacific regions. Commercial Vehicle Group, Inc. was incorporated in 2000 and is headquartered in New Albany, Ohio. The company has 34.5 M outstanding shares of which 576.55 K shares are currently shorted by private and institutional investors with about 3.52 trading days to cover. More on Commercial Vehicle Group

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Commercial Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentJames Ray
Business ConcentrationConstruction Machinery & Heavy Transportation Equipment, Capital Goods, Consumer Cyclical, NASDAQ Composite, NASDAQ Composite Total, Industrials, Machinery, Auto Parts, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.42.0585
Way Down
Pretty Stable
Gross Profit Margin0.140.1411
Slightly Down
Slightly volatile
Net Debt154.2 M135.8 M
Moderately Up
Pretty Stable
Total Current Liabilities125.2 M145.2 M
Fairly Down
Slightly volatile
Non Current Liabilities Total221.2 M165.1 M
Significantly Up
Slightly volatile
Total Assets445.5 M483.2 M
Significantly Down
Slightly volatile
Total Current Assets280.1 M327.7 M
Fairly Down
Slightly volatile
Debt Levels
Commercial Vehicle can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Commercial Vehicle's financial leverage. It provides some insight into what part of Commercial Vehicle's total assets is financed by creditors.
Liquidity
Commercial Vehicle Group currently holds 173.65 M in liabilities with Debt to Equity (D/E) ratio of 1.77, which is about average as compared to similar companies. Commercial Vehicle has a current ratio of 2.12, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Commercial Vehicle's use of debt, we should always consider it together with its cash and equity.

Depreciation

15.91 Million
Commercial Vehicle Group (CVGI) is traded on NASDAQ Exchange in USA. It is located in 7800 Walton Parkway, New Albany, OH, United States, 43054 and employs 7,700 people. Commercial Vehicle is listed under Construction Machinery & Heavy Transportation Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 109.37 M. Commercial Vehicle conducts business under Machinery sector and is part of Industrials industry. The entity has 34.5 M outstanding shares of which 576.55 K shares are currently shorted by private and institutional investors with about 3.52 trading days to cover. Commercial Vehicle Group currently holds about 28.5 M in cash with 38.28 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.85.
Check Commercial Vehicle Probability Of Bankruptcy
Ownership Allocation
Commercial Vehicle holds a total of 34.5 Million outstanding shares. The majority of Commercial Vehicle Group outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Commercial Vehicle to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Commercial Vehicle. Please pay attention to any change in the institutional holdings of Commercial Vehicle Group as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Commercial Ownership Details

Commercial Stock Institutional Holders

InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2024-06-30
527.3 K
Ironwood Investment Management Llc2024-06-30
436.9 K
Rbf Llc2024-06-30
381.2 K
D. E. Shaw & Co Lp2024-06-30
361.5 K
Black Diamond Capital Management Llc2024-06-30
350 K
Bridgeway Capital Management, Llc2024-06-30
314.9 K
Brandywine Global Investment Mgmt Llc2024-06-30
310.9 K
Assenagon Asset Management Sa2024-06-30
304.1 K
Northern Trust Corp2024-06-30
265.6 K
Forager Capital Management, Llc2024-06-30
3.4 M
Royce & Associates, Lp2024-06-30
2.4 M
View Commercial Vehicle Diagnostics

Commercial Vehicle Historical Income Statement

As of now, Commercial Vehicle's EBIT is increasing as compared to previous years. The Commercial Vehicle's current EBITDA is estimated to increase to about 77 M, while Selling General Administrative is projected to decrease to under 62 M. View More Fundamentals

Commercial Stock Against Markets

Commercial Vehicle Corporate Management

Andy CheungEx OfficerProfile
Jack FengVP ExcellenceProfile
Richard TajerSenior OfficerProfile
Daniel MehringerSenior DevelopmentProfile
Jeffrey TritapoeSenior OperationsProfile

Additional Information and Resources on Investing in Commercial Stock

When determining whether Commercial Vehicle offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Commercial Vehicle's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Commercial Vehicle Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Commercial Vehicle Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Commercial Vehicle Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Commercial Vehicle. If investors know Commercial will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Commercial Vehicle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.66)
Earnings Share
0.94
Revenue Per Share
28.031
Quarterly Revenue Growth
(0.12)
Return On Assets
0.041
The market value of Commercial Vehicle is measured differently than its book value, which is the value of Commercial that is recorded on the company's balance sheet. Investors also form their own opinion of Commercial Vehicle's value that differs from its market value or its book value, called intrinsic value, which is Commercial Vehicle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Commercial Vehicle's market value can be influenced by many factors that don't directly affect Commercial Vehicle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Commercial Vehicle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Commercial Vehicle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commercial Vehicle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.