Commercial Vehicle Group Inc. (CVGI Quick QuoteCVGI - Free Report) is a supplier of interior systems that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.

These positive earnings estimate revisions suggest that analysts are becoming more optimistic on CVGI’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Commercial Vehicle Group could be a solid choice for investors.

Current Quarter Estimates for CVGI

In the past 30 days, 1 estimate have gone higher for Commercial Vehicle Group while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from a loss of 2 cents a share 30 days ago, to earnings of 2 cents today, a significant move.

Current Year Estimates for CVGI

Meanwhile, Commercial Vehicle Group’s current year figures are also looking quite promising, with 1 estimate moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from a loss of 16 cents per share 30 days ago to a earnings of 13 cents per share today, a significant increase.

Bottom Line

The stock has also started to move higher lately, adding 32.7% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #1 (Strong Buy) stock to profit in the near future.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>