commercial vehicle group inc
(CVGI:NASDAQ GS)
commercial vehicle group inc (CVGI) Snapshot
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Open
$7.88
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Previous Close
$7.86
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Day High
$8.15
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Day Low
$7.85
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52 Week High
06/7/12 - $9.99
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52 Week Low
04/25/13 - $6.55
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Market Cap
237.0M
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Average Volume 10 Days
70.1K
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EPS TTM
$0.23
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Shares Outstanding
29.4M
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EX-Date
--
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P/E TM
35.1x
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Dividend
--
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Dividend Yield
--
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Related News
commercial vehicle group inc (CVGI) Related Businessweek News
No Related Businessweek News Foundcommercial vehicle group inc (CVGI) Details
Commercial Vehicle Group, Inc., together with its subsidiaries, engages in supplying various cab related products and systems for the commercial vehicle markets in the United States, the United Kingdom, and other countries. The company provides seats and seating systems, including heavy truck seats, construction and other commercial vehicle seats, and office seating products. It also offers electronic wire harness assemblies that function as current carrying devices used to provide electrical interconnections for gauges, lights, control functions, power circuits, powertrain and transmission sensors, emissions systems, and other electronic applications on a commercial vehicle; and panel assemblies and cabinets. In addition, the company offers trim systems and components for the interior cabs of commercial vehicles comprising A-pillars, B-pillars, door panels, and interior trim panels; instrument panels; body panels; storage systems; floor covering systems; sleeper bunks; grab handles and armrests; privacy curtains; and plastics decorating and finishing products. Further, it provides cab structures, sleeper boxes, bumper fascias and fender liners, and structural components; mirrors and related hardware products; windshield wiper systems and components; and controls and control systems for window lifts, door locks, and electric switch products. The company offers its products for original equipment manufacturers for various end market vehicle applications, such as local and long-haul commercial trucking, bus, construction, mining, agricultural, military, general industrial, marine, municipal, recreational, and specialty vehicles. Commercial Vehicle Group, Inc. was founded in 2000 and is headquartered in New Albany, Ohio.
commercial vehicle group inc (CVGI) Top Compensated Officers
commercial vehicle group inc (CVGI) Key Developments
Commercial Vehicle Group Inc. announced the Company's plans to permanently close its wire-harness assembly facility located in DeKalb, Illinois. The work currently being performed at DeKalb will be transferred to CVG facilities in Edgewood and Monona, Iowa. Seventy-five employees will be impacted by this closure, which is expected to be completed during the third quarter of 2013.
Commercial Vehicle Group Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company’s revenues were $177,822,000 against $236,990,000 a year ago. Operating loss was $273,000 against operating income of $18,503,000 a year ago. Loss before (benefit) provision for income taxes was $5,627,000 against income before (benefit) provision for income taxes of $13,196,000 a year ago. Net loss attributable to the company stockholders was $4,614,000 or $0.16 per diluted share against net income attributable to the company stockholders of $12,005,000 or $0.42 per diluted share a year ago.
Commercial Vehicle Group Inc. (NasdaqGS:CVGI) is planning to make acquisitions. Chad M. Utrup, Chief Financial Officer of Commercial Vehicle said, "While our revenues were essentially flat, we are pleased with our operating income improvement of approximately $2 million from the prior quarter, which highlights our ongoing commitment to reducing costs. Looking ahead, we expect our end markets to improve through the balance of 2013. We remain focused on pursuing our long-term strategy of organic growth and growth through acquisitions while focusing on margin enhancement."
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Industry Analysis
CVGI
Industry Average
| Valuation | CVGI | Industry Range |
| Price/Earnings | 6.7x |
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| Price/Sales | 0.3x |
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| Price/Book | 3.5x |
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| Price/Cash Flow | 6.7x |
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| TEV/Sales | NM | Not Meaningful |
Post a JobJobs
- Concord, NC | Commercial Vehicle GroupPosted: May 21
- Vonore, TN | Commercial Vehicle GroupPosted: May 21
- Concord, NC | Commercial Vehicle GroupPosted: May 21
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