Cavco Industries, Inc. (NASDAQ:CVCO - Free Report) - Research analysts at Wedbush decreased their FY2025 earnings estimates for shares of Cavco Industries in a research report issued on Monday, May 19th. Wedbush analyst J. Mccanless now anticipates that the construction company will post earnings of $21.24 per share for the year, down from their previous forecast 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, Wall Street Zen downgraded shares of Cavco Industries from a "buy" rating to a "hold" rating in a report on Thursday, May 15th.
Get Our Latest Analysis on CVCO
Cavco Industries Stock Down 5.3%
Shares of NASDAQ:CVCO traded down $26.44 on Wednesday, reaching $472.79. The company had a trading volume of 173,331 shares, compared to its average volume of 64,757. The stock has a 50-day moving average price of $500.91 and a 200 day moving average price of $494.43. Cavco Industries has a twelve month low of $331.08 and a twelve month high of $549.99. The stock has a market capitalization of $3.83 billion, a P/E ratio of 23.27 and a beta of 1.29.
Cavco Industries (NASDAQ:CVCO - Get Free Report) last issued its earnings results on Thursday, May 22nd. The construction company reported $5.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.23 by $0.17. Cavco Industries had a net margin of 8.75% and a return on equity of 16.17%. The company had revenue of $508.36 million during the quarter, compared to analyst estimates of $504.15 million.
Insider Transactions at Cavco Industries
In related news, Director David A. Greenblatt sold 4,000 shares of Cavco Industries stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $528.88, for a total transaction of $2,115,520.00. Following the completion of the transaction, the director now directly owns 15,286 shares of the company's stock, valued at $8,084,459.68. This trade represents a 20.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.60% of the stock is owned by insiders.
Hedge Funds Weigh In On Cavco Industries
Several institutional investors have recently bought and sold shares of the business. Barclays PLC raised its holdings in shares of Cavco Industries by 162.0% in the third quarter. Barclays PLC now owns 17,234 shares of the construction company's stock valued at $7,381,000 after buying an additional 10,656 shares during the last quarter. Park Avenue Securities LLC lifted its position in shares of Cavco Industries by 30.8% during the fourth quarter. Park Avenue Securities LLC now owns 1,369 shares of the construction company's stock worth $611,000 after purchasing an additional 322 shares in the last quarter. Crossmark Global Holdings Inc. grew its stake in shares of Cavco Industries by 28.5% during the fourth quarter. Crossmark Global Holdings Inc. now owns 622 shares of the construction company's stock valued at $277,000 after purchasing an additional 138 shares during the last quarter. Mitsubishi UFJ Asset Management UK Ltd. grew its stake in shares of Cavco Industries by 66.7% during the fourth quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 2,500 shares of the construction company's stock valued at $1,116,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Sheets Smith Wealth Management increased its holdings in shares of Cavco Industries by 3.4% in the fourth quarter. Sheets Smith Wealth Management now owns 2,084 shares of the construction company's stock valued at $930,000 after purchasing an additional 69 shares in the last quarter. Institutional investors own 95.56% of the company's stock.
About Cavco Industries
(
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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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