Commercial Vehicle Group, Inc. (CVGI) Reaches $6.82 Formed H&S; Encore Wire Has 1.33 Sentiment

Commercial Vehicle Group, Inc. (NASDAQ:CVGI) Logo

Encore Wire Corp (WIRE) investors sentiment decreased to 1.33 in 2017 Q4. It’s down -0.17, from 1.5 in 2017Q3. The ratio worsened, as 68 active investment managers started new and increased stock positions, while 51 decreased and sold equity positions in Encore Wire Corp. The active investment managers in our database now own: 18.15 million shares, down from 18.45 million shares in 2017Q3. Also, the number of active investment managers holding Encore Wire Corp in top ten stock positions was flat from 1 to 1 for the same number . Sold All: 10 Reduced: 41 Increased: 38 New Position: 30.

Commercial Vehicle Group, Inc. (CVGI) formed H&S with $6.55 target or 4.00% below today’s $6.82 share price. Commercial Vehicle Group, Inc. (CVGI) has $211.45 million valuation. The stock increased 1.64% or $0.11 during the last trading session, reaching $6.82. About 220,050 shares traded. Commercial Vehicle Group, Inc. (NASDAQ:CVGI) has risen 33.28% since May 2, 2017 and is uptrending. It has outperformed by 21.73% the S&P500.

The stock decreased 0.66% or $0.35 during the last trading session, reaching $52.3. About 194,444 shares traded or 158.01% up from the average. Encore Wire Corporation (WIRE) has risen 20.29% since May 2, 2017 and is uptrending. It has outperformed by 8.74% the S&P500.

Since January 1, 0001, it had 0 insider buys, and 5 sales for $2.27 million activity.

Encore Wire Corporation manufactures and sells electrical building wire and cable products for interior electrical wiring in the United States. The company has market cap of $1.09 billion. The companyÂ’s products include NM-B cable, a non-metallic sheathed cable for use as interior wiring in homes, apartments, and manufactured housing; UF-B cable, an underground feeder cable for conduct power underground to outside lighting and other applications remote from buildings; and SE Style cable, a service entrance cable. It has a 16.29 P/E ratio. It also offers THHN/THWN-2 and XHHW-2 cables for use as branch circuit, feeder, and service entrance conductors in commercial and industrial buildings and structures; USE-2 cables for use in aboveground or underground applications in listed raceways for branch circuit, feeder, and service entrance conductors; and tray cables for use as branch circuit or feeders for power, lighting, control, and signal circuits for direct installations in raceways and outdoor locations.

Hodges Capital Management Inc. holds 3.06% of its portfolio in Encore Wire Corporation for 858,271 shares. Lyon Street Capital Llc owns 111,327 shares or 1.81% of their US portfolio. Moreover, Forest Hill Capital Llc has 1.28% invested in the company for 92,707 shares. The Kansas-based Dean Capital Management has invested 1.2% in the stock. First Dallas Securities Inc., a Texas-based fund reported 37,252 shares.

Analysts await Commercial Vehicle Group, Inc. (NASDAQ:CVGI) to report earnings on May, 3. They expect $0.21 EPS, up 162.50% or $0.13 from last year’s $0.08 per share. CVGI’s profit will be $6.51 million for 8.12 P/E if the $0.21 EPS becomes a reality. After $0.12 actual EPS reported by Commercial Vehicle Group, Inc. for the previous quarter, Wall Street now forecasts 75.00% EPS growth.

Investors sentiment increased to 1.2 in Q4 2017. Its up 0.26, from 0.94 in 2017Q3. It increased, as 13 investors sold Commercial Vehicle Group, Inc. shares while 32 reduced holdings. 21 funds opened positions while 33 raised stakes. 22.66 million shares or 0.77% less from 22.84 million shares in 2017Q3 were reported. Blackrock Inc reported 1.34M shares. Prelude Capital Mngmt has invested 0.02% in Commercial Vehicle Group, Inc. (NASDAQ:CVGI). Nordea Inv Ab holds 0% or 190,500 shares in its portfolio. Bridgeway Mngmt has invested 0.03% in Commercial Vehicle Group, Inc. (NASDAQ:CVGI). Neuberger Berman Group Lc has invested 0% in Commercial Vehicle Group, Inc. (NASDAQ:CVGI). Cadence Capital Mgmt Lc holds 183,132 shares or 0.12% of its portfolio. Tiaa Cref Mgmt Ltd Co owns 67,751 shares. 1.12 million were accumulated by Numeric Invsts. American Century Cos invested 0% in Commercial Vehicle Group, Inc. (NASDAQ:CVGI). Pnc Group Inc has invested 0% in Commercial Vehicle Group, Inc. (NASDAQ:CVGI). Moreover, D E Shaw has 0% invested in Commercial Vehicle Group, Inc. (NASDAQ:CVGI). Fny Managed Accounts Limited Liability Corporation invested in 312 shares or 0% of the stock. Los Angeles Mngmt & Equity holds 175,406 shares or 0.01% of its portfolio. 16,955 were accumulated by American. Credit Suisse Ag has 0% invested in Commercial Vehicle Group, Inc. (NASDAQ:CVGI) for 13,080 shares.

Encore Wire Corporation (NASDAQ:WIRE) Institutional Positions Chart