Cavco Industries Stock Price, News & Analysis (NASDAQ:CVCO)

Cavco Industries trades on the NASDAQ under the ticker symbol "CVCO."

Cavco Industries, Inc. (NASDAQ:CVCO) released its quarterly earnings data on Monday, July, 29th. The construction company reported $2.31 earnings per share for the quarter, topping the consensus estimate of $1.87 by $0.44. The construction company earned $264.04 million during the quarter, compared to analysts' expectations of $256.38 million. Cavco Industries had a return on equity of 13.48% and a net margin of 7.16%. The business's revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the business posted $2.12 EPS. View Cavco Industries' Earnings History.

Cavco Industries is scheduled to release their next quarterly earnings announcement on Thursday, November 14th 2019. View Earnings Estimates for Cavco Industries.

1 Wall Street analysts have issued 1 year target prices for Cavco Industries' shares. Their predictions range from $173.00 to $173.00. On average, they anticipate Cavco Industries' stock price to reach $173.00 in the next year. This suggests that the stock has a possible downside of 12.9%. View Analyst Price Targets for Cavco Industries.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cavco Industries in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cavco Industries.

Media stories about CVCO stock have trended somewhat positive on Monday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cavco Industries earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned news headlines about the construction company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Cavco Industries.

Cavco Industries saw a decline in short interest in September. As of September 30th, there was short interest totalling 201,900 shares, a decline of 26.1% from the August 30th total of 273,300 shares. Based on an average daily volume of 93,400 shares, the days-to-cover ratio is presently 2.2 days. Currently, 2.4% of the shares of the company are short sold. View Cavco Industries' Current Options Chain.

Some companies that are related to Cavco Industries include SHIMIZU CORP/ADR (SHMUY), TAYLOR WIMPEY P/ADR (TWODY), Owens Corning (OC), Spirax-Sarco Engineering (SPXSF), Watsco (WSO), Jiangsu Expressway (JEXYY), Obayashi (OBYCF), Watsco (WSO.B), Aecom (ACM), Cemex SAB de CV (CX), USG (USG), Toll Brothers (TOL), Quanta Services (PWR), Trex (TREX) and MasTec (MTZ).

Based on aggregate information from My MarketBeat watchlists, some companies that other Cavco Industries investors own include AT&T (T), CVS Health (CVS), UnitedHealth Group (UNH), Verizon Communications (VZ), NVIDIA (NVDA), Square (SQ), Netflix (NFLX), Walt Disney (DIS), Mcdonald's (MCD) and United Rentals (URI).

Cavco Industries' stock is owned by many different of institutional and retail investors. Top institutional shareholders include West Coast Financial LLC (0.55%), Envestnet Asset Management Inc. (0.21%), State of Alaska Department of Revenue (0.07%), Nisa Investment Advisors LLC (0.01%) and Meeder Asset Management Inc. (0.00%). Company insiders that own Cavco Industries stock include Charles E Lott, Jack Hanna, Joseph H Stegmayer, Steven G Bunger and William C Boor. View Institutional Ownership Trends for Cavco Industries.

CVCO stock was sold by a variety of institutional investors in the last quarter, including West Coast Financial LLC. View Insider Buying and Selling for Cavco Industries.

CVCO stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Nisa Investment Advisors LLC, Envestnet Asset Management Inc. and Meeder Asset Management Inc.. View Insider Buying and Selling for Cavco Industries.

Shares of CVCO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of CVCO stock can currently be purchased for approximately $198.70.

Cavco Industries has a market capitalization of $1.81 billion and generates $962.75 million in revenue each year. Cavco Industries employs 4,650 workers across the globe.View Additional Information About Cavco Industries.

The official website for Cavco Industries is http://www.cavco.com/.

Cavco Industries' mailing address is 3636 North Central Avenue Suite 1200, Phoenix AZ, 85012. The construction company can be reached via phone at 602-256-6263 or via email at [email protected]