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CVCO

CVCO - Cavco Industries Inc Stock Price, Fair Value and News

354.29USD-2.01 (-0.56%)Delayed as of 17 Apr 2024, 01:57 pm ET

Market Summary

CVCO
USD354.29-2.01
Delayedas of 17 Apr 2024, 01:57 pm
-0.56%

CVCO Stock Price

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CVCO RSI Chart

CVCO Valuation

Market Cap

3.0B

Price/Earnings (Trailing)

17.37

Price/Sales (Trailing)

1.61

EV/EBITDA

11.15

Price/Free Cashflow

13.82

CVCO Price/Sales (Trailing)

CVCO Profitability

Operating Margin

24.23%

EBT Margin

11.60%

Return on Equity

16.97%

Return on Assets

12.9%

Free Cashflow Yield

7.24%

CVCO Fundamentals

CVCO Revenue

Revenue (TTM)

1.9B

Rev. Growth (Yr)

-10.75%

Rev. Growth (Qtr)

-1.16%

CVCO Earnings

Earnings (TTM)

171.2M

Earnings Growth (Yr)

-39.54%

Earnings Growth (Qtr)

-13.37%

Breaking Down CVCO Revenue

52 Week Range

245.87354.29
(Low)(High)

Last 7 days

-9.0%

Last 30 days

-5.5%

Last 90 days

16.2%

Trailing 12 Months

21.2%

How does CVCO drawdown profile look like?

CVCO Financial Health

Current Ratio

3.07

CVCO Investor Care

Buy Backs (1Y)

3.99%

Diluted EPS (TTM)

19.73

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20232.1B2.0B1.9B1.9B
20221.6B1.9B2.1B2.2B
20211.1B1.2B1.3B1.4B
20201.1B1.1B1.0B1.1B
2019962.7M980.4M1.0B1.0B
2018871.2M910.8M951.8M964.2M
2017773.8M795.5M807.6M826.7M
2016712.4M735.8M732.2M753.1M
2015566.7M589.2M641.8M676.3M
2014533.3M538.5M548.0M556.6M
2013452.3M467.5M487.2M511.0M
2012443.1M462.9M442.9M443.0M
2011171.8M223.3M307.4M382.4M
2010115.6M129.7M143.7M157.8M
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Tracking the Latest Insider Buys and Sells of Cavco Industries Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 14, 2024
bigbee paul
sold
-96,188
367
-262
chief accounting officer
Feb 13, 2024
schuknecht seth g
acquired
-
-
283
evp, general counsel
Feb 09, 2024
nino matthew a
sold
-848,520
360
-2,357
president, retail
Feb 09, 2024
nino matthew a
acquired
364,990
158
2,300
president, retail
Jan 05, 2024
kerley richard a
gifted
-
-
-5,333
-
Jan 05, 2024
kerley richard a
gifted
-
-
5,333
-
Dec 07, 2023
kerley richard a
acquired
1,435,000
143
10,000
-
Dec 07, 2023
kerley richard a
sold (taxes)
-1,435,150
307
-4,667
-
Nov 17, 2023
like steven k.
acquired
388,650
129
3,000
senior vice president
Nov 17, 2023
like steven k.
sold
-993,225
281
-3,530
senior vice president

1–10 of 50

Which funds bought or sold CVCO recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 15, 2024
Legato Capital Management LLC
added
97.95
390,137
695,163
0.08%
Apr 15, 2024
EXCHANGE TRADED CONCEPTS, LLC
sold off
-100
-37,088
-
-%
Apr 15, 2024
Security National Bank
unchanged
-
1,049
7,981
-%
Apr 15, 2024
KINGSWOOD WEALTH ADVISORS, LLC
sold off
-100
-232,235
-
-%
Apr 12, 2024
AdvisorNet Financial, Inc
sold off
-100
-693
-
-%
Apr 12, 2024
West Coast Financial LLC
reduced
-4.17
63,498
678,402
0.08%
Apr 10, 2024
PARK AVENUE SECURITIES LLC
reduced
-0.91
70,000
567,000
0.01%
Apr 09, 2024
MASSMUTUAL TRUST CO FSB/ADV
reduced
-57.14
-1,229
1,197
-%
Apr 09, 2024
MATHER GROUP, LLC.
new
-
52,340
52,340
-%
Apr 05, 2024
LOS ANGELES CAPITAL MANAGEMENT LLC
sold off
-100
-376,083
-
-%

1–10 of 47

Are Funds Buying or Selling CVCO?

Are funds buying CVCO calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CVCO
No. of Funds

Unveiling Cavco Industries Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
9.56%
795,771
SC 13G/A
Feb 09, 2024
capital world investors
7.1%
588,800
SC 13G
Feb 09, 2024
stegmayer joseph h
4.6%
381,434
SC 13G/A
Jan 22, 2024
blackrock inc.
15.5%
1,286,383
SC 13G/A
Mar 10, 2023
vanguard group inc
10.02%
870,897
SC 13G/A
Feb 14, 2023
price t rowe associates inc /md/
1.3%
114,000
SC 13G/A
Feb 10, 2023
stegmayer joseph h
5.96%
518,972
SC 13G/A
Feb 09, 2023
vanguard group inc
9.52%
848,004
SC 13G/A
Feb 06, 2023
wellington management group llp
3.74%
333,631
SC 13G/A
Jan 26, 2023
blackrock inc.
15.4%
1,369,256
SC 13G/A

Recent SEC filings of Cavco Industries Inc

View All Filings
Date Filed Form Type Document
Feb 15, 2024
4
Insider Trading
Feb 14, 2024
4
Insider Trading
Feb 14, 2024
3
Insider Trading
Feb 14, 2024
144
Notice of Insider Sale Intent
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 12, 2024
4
Insider Trading
Feb 12, 2024
144
Notice of Insider Sale Intent
Feb 09, 2024
SC 13G/A
Major Ownership Report
Feb 09, 2024
SC 13G
Major Ownership Report
Feb 02, 2024
10-Q
Quarterly Report

Peers (Alternatives to Cavco Industries Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
332.1B
152.7B
-10.29% 13.34%
21.93
2.18
-3.01% -11.47%
130.7B
86.4B
-6.68% 11.41%
16.91
1.51
-11.01% 20.02%
48.5B
35.9B
-3.69% 46.85%
10.23
1.35
6.66% -16.52%
24.4B
9.5B
1.04% 34.28%
15.3
2.56
-9.58% -7.76%
11.5B
4.4B
-10.40% 10.34%
46.94
2.62
3.50% -17.51%
MID-CAP
7.0B
11.1B
-7.13% 10.35%
-15.86
0.63
-5.13% -1840.86%
6.4B
2.8B
-5.61% 100.20%
26.28
2.3
4.08% 9.09%
5.8B
19.5B
0.44% -22.92%
11.94
0.3
-1.36% 131.86%
3.0B
1.9B
-5.49% 21.15%
17.37
1.61
-14.77% -30.65%
2.6B
3.7B
-8.42% 27.81%
9.88
0.69
-18.06% -50.64%
2.3B
4.7B
-7.24% -45.77%
-16.9
0.49
-8.19% -144.16%
SMALL-CAP
1.5B
1.9B
-2.42% 79.69%
12.26
0.78
-10.13% 53.07%
833.1M
2.1B
-10.75% 57.95%
5.34
0.39
-6.89% -25.76%
119.2M
369.0M
-7.60% -12.85%
-20.52
0.32
-22.39% -109.49%
53.9M
86.7M
-2.59% -7.07%
11.42
0.62
9.53% -34.99%

Cavco Industries Inc News

Latest updates
MarketBeat • 32 hours ago
Yahoo Movies Canada • 15 Apr 2024 • 01:48 pm
Yahoo Finance • 19 Feb 2024 • 08:00 am
Simply Wall St • 18 Feb 2024 • 08:00 am

Cavco Industries Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-1.2%447452476476501577588505432360330307289258255255274269264241234
Cost Of Revenue-0.4%344345358356369420444376317270256236230204199203214210204185185
Gross Profit-3.7%10310711812113215814513011590.0074.0071.0059.0054.0055.0052.0060.0058.0060.0056.0049.00
  S&GA Expenses2.9%63.0062.0062.0066.0059.0067.0066.0060.0060.0045.0041.0044.0035.0035.0035.0037.0037.0036.0035.0031.0031.00
EBITDA Margin-9.0%0.13*0.14*0.15*0.15*0.11*0.11*0.12*0.14*0.08*0.09*0.10*0.09*---------
Interest Expenses227.6%1.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.001.001.00
Income Taxes-21.5%8.0010.0014.0011.0016.0019.0020.0015.00-20.6811.008.005.006.005.005.002.004.006.006.006.004.00
Earnings Before Taxes-15.0%44.0052.0061.0059.0076.0093.0079.00---35.0030.0026.0020.0022.0014.0025.0027.0027.0026.0017.00
EBT Margin-10.5%0.12*0.13*0.14*0.14*0.10*0.10*0.11*0.13*0.08*0.09*0.09*0.09*---------
Net Income-13.4%36.0042.0046.0047.0060.0074.0060.0054.0079.0038.0027.0025.0020.0015.0017.0012.0021.0021.0021.0020.0013.00
Net Income Margin-9.5%0.09*0.10*0.11*0.11*0.11*0.13*0.12*0.12*0.12*0.09*0.07*0.07*---------
Free Cashflow-44.1%41.0074.0078.0022.0060.0097.0033.009.0042.0054.0022.003.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-3.1%1,3271,3691,3531,3081,2641,2651,1841,1551,1121,056971952907883838810787774756725717
  Current Assets-4.8%833875859805833820748744704633668652626597548516502487479462450
    Cash Equivalents-6.5%353377352271386333238259267224330322327312290256217190200200193
  Inventory-3.2%237244254263215234255244200190151131111112106114110115119116115
  Net PPE0.2%22422422422819419018616415815698.0097.0078.0078.0077.0077.0071.0070.0064.0063.0066.00
  Goodwill4.1%12111611511515.0010110110110221.0021.0075.0075.0075.0075.0075.00---73.00-
  Current Liabilities-11.2%271305293293278306305294273282242237213208179172162170175174186
Shareholder's Equity-1.0%1,0091,0191,023976956929852830806733699684662641624608595573550530509
  Retained Earnings3.8%993957916869822762688629575496458431406386371355343322301-260
  Additional Paid-In Capital1.3%278274272272268267264263262259255254256254253252252251249249249
Shares Outstanding-3.7%8.009.009.009.009.009.009.009.009.009.009.009.00---------
Minority Interest---1.001.001.001.001.001.001.001.00-----------
Float------1,092---1,183---874---833---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-41.1%45,90477,90782,29325,57467,177104,70258,24018,25745,88055,81224,27522,46516,95738,91735,69233,41724,72726,79516,79816,478-1,450
  Share Based Compensation10.2%1,7091,5511,4381,4091,3302,1001,4251,5991,0431,3171,1001,4578871,1039451,613820818630429821
Cashflow From Investing-136.5%-20,122-8,5072,086-100,1425,734-10,534-24,399-11,2608,203-152,429-3,616-18,251-5,016-187105-6,370-565-16,839-1,469-640-2,005
Cashflow From Financing-33.0%-54,203-40,750-1,490-28,336-34,636989-40,213-30,805-15,417-5,723-13,150-5,531-58657.00-922-1,698287-17,171-2,174-20,576-1,633
  Buy Backs36.6%55,87040,911-30,18234,270-38,96030,4738,6907,59412,8421,441---------

CVCO Income Statement

2023-12-30
Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Dec. 30, 2023
Dec. 31, 2022
Dec. 30, 2023
Dec. 31, 2022
Income Statement [Abstract]    
Net revenue$ 446,769$ 500,603$ 1,374,674$ 1,666,333
Cost of sales343,718368,6351,046,7871,232,042
Gross profit103,051131,968327,887434,291
Selling, general and administrative expenses63,31258,904186,498191,934
Income from operations39,73973,064141,389242,357
Interest income5,2343,58115,6646,746
Interest expense(842)(216)(1,365)(610)
Other (expense) income, net(224)(348)557(291)
Income before income taxes43,90776,081156,245248,202
Income tax expense(7,920)(16,492)(32,274)(54,721)
Net income35,98759,589123,971193,481
Less: net income attributable to redeemable noncontrolling interest06588239
Net income attributable to Cavco common stockholders35,98759,524123,883193,242
Comprehensive income:    
Net income35,98759,589123,971193,481
Reclassification adjustment for securities sold293(13)299(19)
Applicable income taxes(62)3(63)4
Net change in unrealized position of investments held1310722(412)
Applicable income taxes(3)(23)(5)86
Comprehensive income36,22859,663124,224193,140
Less: comprehensive income attributable to redeemable noncontrolling interest06588239
Comprehensive income attributable to Cavco common stockholders$ 36,228$ 59,598$ 124,136$ 192,901
Net income per share attributable to Cavco common stockholders:    
Basic (usd per share)$ 4.31$ 6.71$ 14.47$ 21.72
Diluted (usd per share)$ 4.27$ 6.66$ 14.34$ 21.55
Weighted average shares outstanding:    
Basic8,358,3898,870,5658,561,2098,897,405
Diluted8,432,4718,936,0758,640,2888,969,104

CVCO Balance Sheet

2023-12-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 30, 2023
Apr. 01, 2023
Current assets  
Cash and cash equivalents$ 352,808$ 271,427
Restricted cash, current13,21511,728
Accounts receivable, net70,50189,347
Short-term investments16,81914,978
Current portion of consumer loans receivable, net11,85517,019
Current portion of commercial loans receivable, net48,81743,414
Current portion of commercial loans receivable from affiliates, net2,135640
Inventories236,649263,150
Prepaid expenses and other current assets80,24892,876
Total current assets833,047804,579
Restricted cash585335
Investments16,09918,639
Consumer loans receivable, net24,27927,129
Commercial loans receivable, net38,83653,890
Commercial loans receivable from affiliates, net2,7844,033
Property, plant and equipment, net224,216228,278
Goodwill120,744114,547
Other intangibles, net28,61329,790
Operating lease right-of-use assets37,39326,755
Total assets1,326,5961,307,975
Current liabilities  
Accounts payable23,92830,730
Accrued expenses and other current liabilities247,244262,661
Total current liabilities271,172293,391
Operating lease liabilities33,28521,678
Other liabilities7,6517,820
Deferred income taxes5,7887,581
Redeemable noncontrolling interest01,219
Stockholders' equity  
Preferred stock, $0.01 par value; 1,000,000 shares authorized; No shares issued or outstanding00
Common stock, $0.01 par value; 40,000,000 shares authorized; Issued 9,381,147 and 9,337,125 shares, respectively; Outstanding 8,345,812 and 8,665,324 shares, respectively9493
Treasury stock, at cost; 1,035,335 and 671,801 shares, respectively(262,072)(164,452)
Additional paid-in capital277,847271,950
Retained earnings993,193869,310
Accumulated other comprehensive loss(362)(615)
Total stockholders' equity1,008,700976,286
Total liabilities, redeemable noncontrolling interest and stockholders' equity$ 1,326,596$ 1,307,975
Number of shares and par value  
Preferred stock, par value$ 0.01$ 0.01
Preferred Stock, Shares Authorized1,000,0001,000,000
Preferred Stock, Shares Issued00
Preferred Stock, Shares Outstanding00
Common Stock, Par or Stated Value Per Share$ 0.01$ 0.01
Common Stock, Shares Authorized40,000,00040,000,000
Common Stock, Shares, Issued9,381,1479,337,125
Common Stock, Shares, Outstanding8,345,8128,665,324
Treasury Stock, Common, Shares1,035,335671,801
CVCO
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. It also produces 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. It distributes its products through a network of independent and company-owned retailers, planned community operators, and residential developers. Cavco Industries, Inc. was founded in 1965 and is headquartered in Phoenix, Arizona.
 CEO
 WEBSITEcavco.com
 INDUSTRYHome Improvement Retail
 EMPLOYEES7000

Cavco Industries Inc Frequently Asked Questions


What is the ticker symbol for Cavco Industries Inc? What does CVCO stand for in stocks?

CVCO is the stock ticker symbol of Cavco Industries Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Cavco Industries Inc (CVCO)?

As of Tue Apr 16 2024, market cap of Cavco Industries Inc is 2.97 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CVCO stock?

You can check CVCO's fair value in chart for subscribers.

What is the fair value of CVCO stock?

You can check CVCO's fair value in chart for subscribers. The fair value of Cavco Industries Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Cavco Industries Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CVCO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Cavco Industries Inc a good stock to buy?

The fair value guage provides a quick view whether CVCO is over valued or under valued. Whether Cavco Industries Inc is cheap or expensive depends on the assumptions which impact Cavco Industries Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CVCO.

What is Cavco Industries Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 16 2024, CVCO's PE ratio (Price to Earnings) is 17.37 and Price to Sales (PS) ratio is 1.61. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CVCO PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Cavco Industries Inc's stock?

In the past 10 years, Cavco Industries Inc has provided 0.166 (multiply by 100 for percentage) rate of return.