"Despite industry forecasts for a lower Class 8 truck build in 2024, we expect our financial performance in 2024 to be more resilient as we continue our diversification strategy reflecting primarily the success in growing our Electrical Systems business," said Andy Cheung, Chief Financial Officer
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/1/2022 | $10.00 | Outperform | Noble Capital Markets |
Woodson Equity announced today the acquisition of the assets of the First Source Electronics business from Commercial Vehicle Group (NASDAQ:CVGI). First Source Electronics is a leading provider of automation solutions for warehouses, industrial sectors, and other critical industries. Trusted by global blue-chip corporations, First Source Electronics offers control panels, electro mechanical systems, and cable assemblies. First Source Electronics' patented micro fulfillment offering, STACC, is revolutionizing warehouse automation, with its modular and scalable design, utilizing the latest in AI technology. Subir Shah, Operations Executive at Woodson Equity stated, "We would like to welco
NEW ALBANY, Ohio, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Commercial Vehicle Group (the "Company" or "CVG") (NASDAQ:CVGI), a diversified industrial products and services company, announced that Carlos Jimenez, who briefly held the role of Executive Vice President, Global Operations and Supply Chain, is resigning from the Company effective immediately for personal reasons that would prevent him from fulfilling his responsibilities at CVG. Mr. Jimenez's resignation is not due to any concerns with the Company. The Company is in the process of conducting a comprehensive search for a permanent replacement to lead Global Operations and Supply Chain. In the interim period, James Ray, President and Chi
Third quarter sales of $172 million, EPS of $(0.03), Adjusted EBITDA of $4.3 millionMakes progress on strategic portfolio actionsProvides updated guidance for full year 2024 NEW ALBANY, Ohio, Nov. 04, 2024 (GLOBE NEWSWIRE) -- CVG (NASDAQ:CVGI), a diversified industrial products and services company, today announced financial results for its third quarter ended September 30, 2024. As a result of strategic portfolio actions, results from the Cab Structures and Industrial Automation businesses have been reclassified to discontinued operations for current and prior periods. The results and comparisons presented below reflect continuing operations unless otherwise noted. Third Quarter 2024 H
4 - Commercial Vehicle Group, Inc. (0001290900) (Issuer)
4 - Commercial Vehicle Group, Inc. (0001290900) (Issuer)
4 - Commercial Vehicle Group, Inc. (0001290900) (Issuer)
4 - Commercial Vehicle Group, Inc. (0001290900) (Issuer)
4 - Commercial Vehicle Group, Inc. (0001290900) (Issuer)
4 - Commercial Vehicle Group, Inc. (0001290900) (Issuer)
Woodson Equity announced today the acquisition of the assets of the First Source Electronics business from Commercial Vehicle Group (NASDAQ:CVGI). First Source Electronics is a leading provider of automation solutions for warehouses, industrial sectors, and other critical industries. Trusted by global blue-chip corporations, First Source Electronics offers control panels, electro mechanical systems, and cable assemblies. First Source Electronics' patented micro fulfillment offering, STACC, is revolutionizing warehouse automation, with its modular and scalable design, utilizing the latest in AI technology. Subir Shah, Operations Executive at Woodson Equity stated, "We would like to welco
Third quarter sales of $172 million, EPS of $(0.03), Adjusted EBITDA of $4.3 millionMakes progress on strategic portfolio actionsProvides updated guidance for full year 2024 NEW ALBANY, Ohio, Nov. 04, 2024 (GLOBE NEWSWIRE) -- CVG (NASDAQ:CVGI), a diversified industrial products and services company, today announced financial results for its third quarter ended September 30, 2024. As a result of strategic portfolio actions, results from the Cab Structures and Industrial Automation businesses have been reclassified to discontinued operations for current and prior periods. The results and comparisons presented below reflect continuing operations unless otherwise noted. Third Quarter 2024 H
NEW ALBANY, Ohio, Oct. 22, 2024 (GLOBE NEWSWIRE) -- CVG (NASDAQ:CVGI) will hold its quarterly conference call on Tuesday, November 5, 2024, at 8:30 a.m. ET, to discuss third quarter 2024 financial results. CVG will issue a press release and presentation prior to the conference call. Toll-free participants dial (800) 549-8228 using conference code 04909. International participants dial (289) 819-1520 using conference code 04909. This call is being webcast and can be accessed through the "Investors" section of CVG's website at ir.cvgrp.com where it will be archived for one year. A telephonic replay of the conference call will be available until November 19, 2024. To access the replay, toll
NEW ALBANY, Ohio, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Commercial Vehicle Group (the "Company" or "CVG") (NASDAQ:CVGI), a diversified industrial products and services company, is pleased to announce the appointment of two leaders to its executive leadership team. Peter Lugo joins the Company as President of our Electrical Systems segment, effective November 1, 2024. Mr. Lugo succeeds Richard Tajer, who will remain an employee of the Company until December 31, 2024. In addition, Carlos Jimenez has joined as Executive Vice President, Global Operations and Supply Chain. These appointments support CVG's goals of growing its Electrical Systems business and improving overall operational execution,
NEW ALBANY, Ohio, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Commercial Vehicle Group ("CVG" or the "Company") (NASDAQ:CVGI), a global leader in the design and manufacturing of electrical systems, vehicle components and accessories, plastic products and robotic assemblies, today announced that its Board of Directors has appointed James Ray as the Company's next President and Chief Executive Officer. On December 20, 2023, he will replace Interim CEO Robert Griffin, who will continue in his role as Chairman of the Board of Directors for CVG. The appointment of Mr. Ray follows an extensive, global search process led by international, executive search firm Heidrick & Struggles. The Board thanked Mr.
NEW ALBANY, OH / ACCESSWIRE / October 30, 2023 / Commercial Vehicle Group (CVG) (NASDAQ:CVGI), a global leader in the design and manufacturing of electrical systems, mechanical components, and vehicle accessories, announced today that Corinne Ross has been appointed President, Aftermarket & Accessories. Ross will oversee CVG's global aftermarket and accessories business segment.Corinne Ross - President, Aftermarket & Accessories at CVG Ross comes to CVG after 16 years with German-based Freudenberg Sealing Technologies, a leading sealing technology company, where she served as Vice President, Corteco North America, Aftermarket Division. In that role, she led regional sales; marketing; supply
SC 13G/A - Commercial Vehicle Group, Inc. (0001290900) (Subject)
SC 13G/A - Commercial Vehicle Group, Inc. (0001290900) (Subject)
SC 13G/A - Commercial Vehicle Group, Inc. (0001290900) (Subject)
10-Q - Commercial Vehicle Group, Inc. (0001290900) (Filer)
8-K - Commercial Vehicle Group, Inc. (0001290900) (Filer)
8-K - Commercial Vehicle Group, Inc. (0001290900) (Filer)
Noble Capital Markets initiated coverage of Commercial Vehicle Group with a rating of Outperform and set a new price target of $10.00
- SEC Filing
With U.S. stock futures trading mixed this morning on Tuesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects The Walt Disney Company (NYSE:DIS) to report quarterly earnings at $1.10 per share on revenue of $22.12 billion before the opening bell, according to data from Benzinga Pro. Disney shares rose 0.4% to $116.88 in after-hours trading. UBS Group AG (NYSE:UBS) posted better-than-expected results for its first quarter on Monday. UBS shares gained 0.5% to $27.73 in the after-hours trading session. Analysts are expecting Electronic Arts Inc. (NASDAQ:EA) to post quarterly earnings at $1.52 per share on revenue of $1.77 billion. The company