We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Are Auto-Tires-Trucks Stocks Lagging Commercial Vehicle Group (CVGI) This Year?
Read MoreHide Full Article
Investors interested in Auto-Tires-Trucks stocks should always be looking to find the best-performing companies in the group. Has Commercial Vehicle Group (CVGI - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Commercial Vehicle Group is a member of the Auto-Tires-Trucks sector. This group includes 100 individual stocks and currently holds a Zacks Sector Rank of #13. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Commercial Vehicle Group is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for CVGI's full-year earnings has moved 58.3% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, CVGI has moved about 264.6% on a year-to-date basis. At the same time, Auto-Tires-Trucks stocks have lost an average of 0.9%. This means that Commercial Vehicle Group is performing better than its sector in terms of year-to-date returns.
Daimler Truck Holding AG - Sponsored ADR (DTRUY - Free Report) is another Auto-Tires-Trucks stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 12.5%.
For Daimler Truck Holding AG - Sponsored ADR, the consensus EPS estimate for the current year has increased 3.5% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Commercial Vehicle Group belongs to the Automotive - Original Equipment industry, which includes 52 individual stocks and currently sits at #144 in the Zacks Industry Rank. Stocks in this group have gained about 6.6% so far this year, so CVGI is performing better this group in terms of year-to-date returns.
In contrast, Daimler Truck Holding AG - Sponsored ADR falls under the Automotive - Foreign industry. Currently, this industry has 23 stocks and is ranked #193. Since the beginning of the year, the industry has moved -11.2%.
Going forward, investors interested in Auto-Tires-Trucks stocks should continue to pay close attention to Commercial Vehicle Group and Daimler Truck Holding AG - Sponsored ADR as they could maintain their solid performance.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Are Auto-Tires-Trucks Stocks Lagging Commercial Vehicle Group (CVGI) This Year?
Investors interested in Auto-Tires-Trucks stocks should always be looking to find the best-performing companies in the group. Has Commercial Vehicle Group (CVGI - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Commercial Vehicle Group is a member of the Auto-Tires-Trucks sector. This group includes 100 individual stocks and currently holds a Zacks Sector Rank of #13. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Commercial Vehicle Group is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for CVGI's full-year earnings has moved 58.3% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, CVGI has moved about 264.6% on a year-to-date basis. At the same time, Auto-Tires-Trucks stocks have lost an average of 0.9%. This means that Commercial Vehicle Group is performing better than its sector in terms of year-to-date returns.
Daimler Truck Holding AG - Sponsored ADR (DTRUY - Free Report) is another Auto-Tires-Trucks stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 12.5%.
For Daimler Truck Holding AG - Sponsored ADR, the consensus EPS estimate for the current year has increased 3.5% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Commercial Vehicle Group belongs to the Automotive - Original Equipment industry, which includes 52 individual stocks and currently sits at #144 in the Zacks Industry Rank. Stocks in this group have gained about 6.6% so far this year, so CVGI is performing better this group in terms of year-to-date returns.
In contrast, Daimler Truck Holding AG - Sponsored ADR falls under the Automotive - Foreign industry. Currently, this industry has 23 stocks and is ranked #193. Since the beginning of the year, the industry has moved -11.2%.
Going forward, investors interested in Auto-Tires-Trucks stocks should continue to pay close attention to Commercial Vehicle Group and Daimler Truck Holding AG - Sponsored ADR as they could maintain their solid performance.