FY2025 EPS Estimates for Cavco Industries Reduced by Wedbush

Cavco Industries, Inc. (NASDAQ:CVCO - Free Report) - Equities researchers at Wedbush lowered their FY2025 EPS estimates for shares of Cavco Industries in a report issued on Monday, May 19th. Wedbush analyst J. Mccanless now expects that the construction company will earn $21.24 per share for the year, down from their prior estimate of $21.93. Wedbush has a "Neutral" rating and a $550.00 price objective on the stock. The consensus estimate for Cavco Industries' current full-year earnings is $21.93 per share. Wedbush also issued estimates for Cavco Industries' Q4 2025 earnings at $5.23 EPS.

Separately, StockNews.com lowered shares of Cavco Industries from a "buy" rating to a "hold" rating in a research report on Thursday, May 15th.

Cavco Industries Price Performance

NASDAQ CVCO opened at $519.77 on Wednesday. The stock's fifty day moving average price is $501.43 and its 200 day moving average price is $493.33. Cavco Industries has a 1 year low of $331.08 and a 1 year high of $549.99. The company has a market cap of $4.21 billion, a price-to-earnings ratio of 25.58 and a beta of 1.29.

Institutional Trading of Cavco Industries

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of Cavco Industries by 5.1% during the 1st quarter. Vanguard Group Inc. now owns 774,842 shares of the construction company's stock valued at $402,631,000 after acquiring an additional 37,249 shares during the period. FMR LLC grew its holdings in Cavco Industries by 118.8% in the fourth quarter. FMR LLC now owns 296,343 shares of the construction company's stock valued at $132,237,000 after purchasing an additional 160,899 shares during the period. GAMMA Investing LLC increased its position in shares of Cavco Industries by 71,961.9% in the first quarter. GAMMA Investing LLC now owns 229,157 shares of the construction company's stock valued at $119,077,000 after buying an additional 228,839 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Cavco Industries by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 227,024 shares of the construction company's stock worth $101,324,000 after buying an additional 2,640 shares during the period. Finally, Invesco Ltd. lifted its position in shares of Cavco Industries by 7.5% during the 1st quarter. Invesco Ltd. now owns 196,210 shares of the construction company's stock valued at $101,957,000 after buying an additional 13,753 shares in the last quarter. Institutional investors and hedge funds own 95.56% of the company's stock.

Insider Transactions at Cavco Industries

In other Cavco Industries news, Director David A. Greenblatt sold 4,000 shares of the company's stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $528.88, for a total value of $2,115,520.00. Following the sale, the director now owns 15,286 shares in the company, valued at approximately $8,084,459.68. This represents a 20.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 1.60% of the company's stock.

Cavco Industries Company Profile

Cavco Industries, Inc designs, produces, and retails factory-built homes primarily in the United States. It operates in two segments, Factory-Built Housing and Financial Services. The company markets its factory-built homes under the Cavco, Fleetwood, Palm Harbor, Nationwide, Fairmont, Friendship, Chariot Eagle, Destiny, Commodore, Colony, Pennwest, R-Anell, Manorwood, MidCountry, and Solitaire brands.

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