The Technical Analyst
Cavco Industries Inc [CVCO]
Exchange: NASDAQ Sector: Consumer Cyclical Industry: Residential Construction
Cavco Industries Inc Price, Forecast, Insider, Ratings, Fundamentals & Signals
Current Signal: SELL (auto-tracking)
-2.81% $360.01
America/New_York / 16 apr 2024 @ 13:40
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 3 004.87 mill |
| EPS: | 19.74 |
| P/E: | 18.24 |
| Earnings Date: | May 16, 2024 |
| SharesOutstanding: | 8.35 mill |
| Avg Daily Volume: | 0.0641 mill |
| RATING 2024-04-16 |
|---|
| A |
| Buy |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Buy | |
| Return On Equity: | Buy | |
| Return On Asset: | Strong Buy | |
| DE: | Sell | |
| P/E: | Buy | |
| Price To Book: | Buy |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 4/22 | 4/22 | 2/23 | 3/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 3.68x |
| Company: PE 18.24 | sector: PE 4.95 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 2.38x |
| Company: PE 18.24 | industry: PE 7.66 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$498.74 (38.53%) $138.73 |
| Date: 2024-04-16 |
| Expected Trading Range (DAY) |
|---|
|
$ 349.92 - 370.10 ( +/- 2.80%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-02-13 | Schuknecht Seth G | Buy | 283 | Common Stock |
| 2024-02-14 | Bigbee Paul | Sell | 262 | Common Stock |
| 2024-02-13 | Schuknecht Seth G | Sell | 0 | Common Stock |
| 2024-02-09 | Nino Matthew A | Buy | 1 500 | Common Stock |
| 2024-02-09 | Nino Matthew A | Buy | 800 | Common Stock |
| INSIDER POWER |
|---|
| -12.82 |
| Last 99 transactions |
| Buy: 62 128 | Sell: 76 780 |
Forecast:
15:20 - $360.88
Live Trading Signals (every 1 min)
Forecast
1: 13:50 - $359.09
Forecast 2: 14:40 - $361.00
Forecast 3: 15:20 - $360.88
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $360.01 (-2.81% ) |
| Volume | 0.0323 mill |
| Avg. Vol. | 0.0641 mill |
| % of Avg. Vol | 50.44 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For CVCO
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % | Feb 8 - 15:00 | buy | $354.79 | N/A | Active |
|---|
CVCO
Cavco Industries, Inc. designs, produces, and retails manufactured homes primarily in the United States. It operates in two segments, Factory-Built Housing and Financial Services. The company markets its manufactured homes under the Cavco, Fleetwood, Palm Harbor, Nationwide, Fairmont, Friendship, Chariot Eagle, Destiny, Commodore, Colony, Pennwest, R-Anell, Manorwood, and MidCountry brands. It also builds park model RVs; vacation cabins; and factory-built commercial structures, including apartment buildings, condominiums, hotels, workforce housing, schools, and housing for the United States military troops. In addition, the company produces various modular homes, which include single and multi-section ranch, split-level, and Cape Cod style homes, as well as two- and three-story homes, and multi-family units. Further, it provides conforming and non-conforming mortgages and home-only loans to purchasers of various brands of factory-built homes sold by company-owned retail stores, as well as various independent distributors, builders, communities, and developers. Additionally, the company offers property and casualty insurance to owners of manufactured homes. As of April 3, 2022, it operated 45 company-owned retail stores in Oregon, Arizona, Nevada, New Mexico, Texas, Indiana, Oklahoma, Florida, and New York. The company also distributes its homes through a network of independent distribution points in 48 states and Canada; and through planned community operators and residential developers. Cavco Industries, Inc. was founded in 1965 and is headquartered in Phoenix, Arizona.
Latest Press Releases
2024-03-08 08:00:00 - Press Release
Cavco Industries Receives Training Magazine Apex Award Recognition
Phoenix, march 08, 2024 (globe newswire) -- cavco industries, inc. (nasdaq: cvco) is proud to announce that it was recognized by the 2024 training apex awards as one of the top 105 training organizations in the world, receiving a best practice award for our master of craft program. this annual award given by training magazine at the training apex awards gala in orlando, florida places cavco at the forefront of employee training and development.
2024-03-06 17:35:00 - Press Release
Cavco Industries Announces Ratification Of Collective Bargaining Agreement At Emlenton, Pennsylvania Plant
Phoenix, march 06, 2024 (globe newswire) -- cavco industries, inc. (nasdaq: cvco) ("we," "our," the "company" or "cavco") is pleased to announce that we have successfully reached agreement on a revised collective bargaining agreement between pennwest tcc and the international association of machinists, which represents employees at the company's emlenton, pennsylvania manufacturing plant. the new collective bargaining agreement was ratified by the union members today and employees will be back to work tomorrow. cavco values its employees and believes in fostering and maintaining a mutually beneficial working relationship. we extend our gratitude to all parties involved for their cooperation throughout the negotiation process.
2024-02-29 18:06:00 - Press Release
Collective Bargaining Agreement Covering Employees Of Cavco's Emlenton, Pennsylvania Plant Expires
Phoenix, feb. 29, 2024 (globe newswire) -- cavco industries, inc. (nasdaq: cvco) ("we," "our," the "company" or "cavco") announces that as of today, the collective bargaining agreement between pennwest tcc and the international association of machinists, which represents employees at the company's emlenton, pa manufacturing plant, has expired. as a result, the union employees elected to go on strike. we are eager to get back to the negotiating table and continue bargaining in good faith toward a contract that recognizes the company's commitment to our employees. negotiations are expected to resume early next week.
2024-02-26 15:26:00 - Press Release
Cavco Announces The First Homes Have Been Purchased By Graduates Of Its Homes For Our Own Program
Phoenix, feb. 26, 2024 (globe newswire) -- cavco industries, inc. (nasdaq: cvco) announced today that the first homes have been purchased by two graduates of its unique homes for our own (hfoo) program. the program is a six-week, interactive workshop to help educate company employees on how to budget, how to buy a home and then, if they choose to move forward, to help them purchase their first home.
2024-02-02 16:05:00 - Press Release
Seth Schuknecht Appointed General Counsel, Corporate Secretary And Chief Compliance Officer Of Cavco Industries, Inc.
Phoenix, feb. 02, 2024 (globe newswire) -- cavco industries, inc. (nasdaq: cvco) ("we," "our," the "company" or "cavco") is pleased to announce that effective february 13, 2024, seth schuknecht will be the company's executive vice president, general counsel, corporate secretary and chief compliance officer.
Latest News
2024-04-02 13:01:11 - Zacks Investment Research
Cavco (CVCO) Moves to Buy: Rationale Behind the Upgrade
Cavco (CVCO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
2024-04-02 09:51:10 - Zacks Investment Research
Recent Price Trend in Cavco (CVCO) is Your Friend, Here's Why
Cavco (CVCO) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
2024-02-01 18:26:09 - Zacks Investment Research
Cavco (CVCO) Lags Q3 Earnings Estimates
Cavco (CVCO) came out with quarterly earnings of $4.27 per share, missing the Zacks Consensus Estimate of $4.36 per share. This compares to earnings of $6.66 per share a year ago.
2024-01-26 18:49:53 - Yahoo Finance
Analyst discusses why he is cautious on homebuilder outlook
What does falling mortgage rates mean for home builder stocks? Jay McCanless, Housing Analyst at Wedbush Securities, joins Yahoo Finance to discuss why he is less bullish on home builders and to shed light on one under-the-radar stock: Cavco Industries (CVCO).
2024-01-24 14:56:00 - GlobeNewsWire
Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2024 Third Quarter Earnings Release and Conference Call Webcast
PHOENIX, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) will release earnings for the third quarter ended December 30, 2023 on Thursday, February 1, 2024 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, February 2, 2024 at 1:00 p.m. Eastern Time.
2024-01-13 02:30:24 - Seeking Alpha
Staying Bullish On Cavco Industries: A Promising Homebuilding Pick
Most economists were wrong about 2023, and there are now mixed opinions about how 2024 is going to be. Cavco Industries, a manufactured home builder, is impacted drastically by this uncertainty but is expected to benefit from strong long-term trends. Resilient U.S. market and ongoing trends such as low house affordability make Cavco Industries a promising investment opportunity.
2023-11-29 21:24:51 - Seeking Alpha
Cavco Industries: Benefiting From Long-Term Tailwinds
The consolidation trend in the manufactured housing industry persists, with the top three companies exceeding a 75% market share. Despite the short-term headwinds, Cavco will benefit from the U.S. demographic structure and the housing shortage. From a conservative approach compared to the analyst consensus, I consider Cavco to be undervalued, assigning a fair price of $382 with a 35% upside potential.
2023-11-03 17:28:06 - Seeking Alpha
Cavco Industries, Inc. (CVCO) Q2 2024 Earnings Call Transcript
Cavco Industries, Inc. (NASDAQ:CVCO ) Q2 2024 Earnings Conference Call November 3, 2023 1:00 PM ET Company Participants Mark Fusler - Corporate Controller and IR Bill Boor - President and CEO Allison Aden - Executive Vice President and CFO Paul Bigbee - Chief Accounting Officer Conference Call Participants Daniel Moore - CJS Securities Greg Palm - Craig-Hallum Jay McCanless - Wedbush Michael Chapman - Aviance Capital Partners Operator Good day. And welcome to the Cavco Industries Second Quarter Fiscal Year 2024 Earnings Conference Call.
2023-10-27 12:12:00 - GlobeNewsWire
Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2024 Second Quarter Earnings Release and Conference Call Webcast
PHOENIX, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) will release earnings for the second quarter ended September 30, 2023 on Thursday, November 2, 2023 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, November 3, 2023 at 1:00 p.m. Eastern Time.
2023-09-19 04:19:24 - Seeking Alpha
Cavco Industries: Low-Cost Homes Are Up For Grabs As House Affordability Declines
Houses in the United States get less affordable each day, strongly backed by data. Cavco Industries builds affordable manufactured homes, which are the perfect solution for people who want to buy homes cheaply. The company's top line is strong, and the stock appears undervalued. It secures a "Buy" rating.