Last Updated: 13 Sep 2024
Executive Summary
Commercial Vehicle Group Inc. (CVGI) is a leading designer, manufacturer, and seller of components and assemblies to the global vehicle and technology integrator markets. The company has a strong financial position with a market capitalization of $113.86 million, EBITDA of $50.85 million, and a trailing PE ratio of 3.51. The stock is currently trading at $3.3, which is below the analyst target price of $8.67.
Company Overview
Commercial Vehicle Group Inc. is headquartered in New Albany, Ohio. The company has operations in North America, Europe, and the Asia-Pacific regions. The company's products include a variety of components and assemblies, such as chassis, suspensions, and brakes. The company's customers include a variety of original equipment manufacturers (OEMs) and Tier 1 suppliers.
Fundamental Analysis
Commercial Vehicle Group Inc. has a strong financial position. The company has a market capitalization of $113.86 million, EBITDA of $50.85 million, and a trailing PE ratio of 3.51. The company's revenue has grown by an average of 5.6% over the past five years. The company's profit margin is 3.43%, and its operating margin is 2.36%. The company's return on assets is 4.1%, and its return on equity is 20.4%.
Technical Analysis
The stock price of Commercial Vehicle Group Inc. has been trending down in recent months. The stock is currently trading at $3.3, which is below its 50-day moving average of $4.25 and its 200-day moving average of $5.69. The stock's relative strength index (RSI) is 30.6, which indicates that the stock is oversold.
Short Term Outlook
The short-term outlook for Commercial Vehicle Group Inc. is mixed. The company's financial position is strong, but the stock price has been trending down in recent months. The stock is currently trading below its 50-day and 200-day moving averages. The RSI is oversold, which indicates that the stock could be due for a rebound. However, the overall market sentiment is negative, which could weigh on the stock price in the short term.
Long Term Outlook
The long-term outlook for Commercial Vehicle Group Inc. is positive. The company has a strong financial position and a growing revenue stream. The company's products are in demand by a variety of OEMs and Tier 1 suppliers. The company is also well-positioned to benefit from the growing trend towards electrification.
Analyst Recommendations
The consensus analyst rating for Commercial Vehicle Group Inc. is a "Buy". The average analyst target price is $8.67.
