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CVCO

Cavco Industries Inc

CVCO

306.82USD+3.07 (+1.01%)Market Closed
Watchlist

Market Summary

USD306.82+3.07
Market Closed
1.01%

CVCO Alerts

  • 2 major insider sales recently.
  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)

CVCO Stock Price

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CVCO RSI Chart

CVCO Valuation

Market Cap

2.7B

Price/Earnings (Trailing)

13.66

Price/Sales (Trailing)

1.4

EV/EBITDA

7.82

Price/Free Cashflow

11.39

CVCO Price/Sales (Trailing)

CVCO Profitability

Operating Margin

25.06%

EBT Margin

11.95%

Return on Equity

19.11%

Return on Assets

14.23%

Free Cashflow Yield

8.78%

CVCO Fundamentals

CVCO Revenue

Revenue (TTM)

1.9B

Revenue Y/Y

-21.71%

Revenue Q/Q

-5.01%

CVCO Earnings

Earnings (TTM)

194.7M

Earnings Y/Y

-43.95%

Earnings Q/Q

-10.39%

Price Action

Last 7 days

5.3%

Last 30 days

18.9%

Last 90 days

12.6%

Trailing 12 Months

25.8%

How does CVCO drawdown profile look like?

CVCO Financial Health

Current Ratio

2.87

CVCO Investor Care

Buy Backs (1Y)

2.78%

Diluted EPS (TTM)

22.12

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20232.1B2.0B1.9B0
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

Latest Insider Trading transactions for CVCO

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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
Nov 15, 2023
boor william c
sold (taxes)
-520,350
292
-1,776
president & ceo
Nov 15, 2023
bunger steven g
acquired
475,000
118
4,000
-
Nov 15, 2023
bunger steven g
sold
-1,171,170
292
-4,000
-
Nov 15, 2023
boor william c
acquired
520,400
130
4,000
president & ceo
Oct 31, 2023
brandom jack s
acquired
-
-
261
president, financial services
Aug 30, 2023
aden allison
sold (taxes)
-24,592
289
-85.00
evp, cfo & treasurer

1–10 of 50

Which funds bought or sold CVCO recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 06, 2023
CITIGROUP INC
reduced
-64.02
-2,683,190
1,286,330
-%
Dec 04, 2023
TUCKER ASSET MANAGEMENT LLC
sold off
-100
-1,770
-
-%
Nov 24, 2023
DEUTSCHE BANK AG\
added
27.42
229,554
1,786,560
-%
Nov 22, 2023
CANNELL CAPITAL LLC
added
4.87
-1,038,860
17,644,100
4.11%
Nov 22, 2023
Public Sector Pension Investment Board
reduced
-30.5
-1,584,150
2,649,690
0.02%
Nov 22, 2023
KBC Group NV
unchanged
-
-
169,000
-%
Nov 21, 2023
COMERICA BANK
added
11.88
1,243,550
1,243,550
0.01%
Nov 17, 2023
Diversified Trust Co
sold off
-100
-462,265
-
-%
Nov 17, 2023
SkyView Investment Advisors, LLC
added
3.12
-32,000
413,000
0.17%
Nov 17, 2023
JACOBS LEVY EQUITY MANAGEMENT, INC
reduced
-8.03
-1,816,320
8,758,540
0.05%

1–10 of 49

Latest Funds Activity

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

Schedule 13G FIlings of Cavco Industries Inc

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Jan 20, 2023
blackrock inc.
15.4%
1,369,256
SC 13G/A
Jul 01, 2022
stegmayer joseph h
6.0%
530,612
SC 13G/A
Feb 14, 2022
price t rowe associates inc /md/
9.6%
884,531
SC 13G/A
Feb 09, 2022
vanguard group inc
8.23%
755,003
SC 13G/A

Recent SEC filings of Cavco Industries Inc

View All Filings
Date Filed Form Type Document
Dec 07, 2023
4
Insider Trading
Nov 20, 2023
4
Insider Trading
Nov 17, 2023
144
Notice of Insider Sale Intent
Nov 16, 2023
4
Insider Trading
Nov 16, 2023
4
Insider Trading
Nov 15, 2023
144
Notice of Insider Sale Intent
Nov 03, 2023
10-Q
Quarterly Report
Nov 02, 2023
8-K
Current Report
Oct 31, 2023
4
Insider Trading
Oct 31, 2023
3
Insider Trading

Peers (Alternatives to Cavco Industries Inc)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
325.1B
153.7B
10.31% 1.45%
20.7
2.12
-2.27% -8.14%
119.4B
90.2B
6.67% 2.01%
15.58
1.32
-5.98% 14.63%
46.8B
34.6B
13.67% 61.13%
9.6
1.35
8.28% -12.41%
21.3B
9.8B
10.66% 39.13%
13.02
2.17
-2.46% 1.93%
10.7B
4.4B
25.56% 33.06%
38.26
2.58
6.85% -0.25%
MID-CAP
6.6B
11.2B
12.03% -5.11%
-12.01
0.59
-5.69% -401.61%
6.1B
19.3B
-0.69% -23.37%
-3.8
0.32
-6.43% -517.88%
4.7B
2.7B
34.92% 87.06%
18.8
1.7
9.03% 34.51%
3.6B
4.8B
12.69% -25.65%
16.73
0.74
-9.04% -41.16%
2.7B
1.9B
18.92% 25.81%
13.66
1.4
-9.42% -27.00%
2.5B
3.7B
13.34% 53.47%
10.05
0.68
-19.14% -59.48%
SMALL-CAP
1.4B
1.9B
20.17% 65.37%
12.5
0.73
-6.39% 700.65%
936.5M
2.2B
4.92% 122.41%
5.9
0.42
-4.76% -28.13%
125.4M
416.5M
16.35% -0.61%
2.05
0.26
-15.78% -90.89%
51.7M
81.9M
20.33% -11.79%
11.84
0.63
-1.20% -47.68%

Cavco Industries Inc News

Latest updates
Clayton County Register10 Dec 202309:06 am18 hours ago
Defense World09 Dec 202305:28 am46 hours ago
Defense World25 Nov 202310:35 am15 days ago
Yahoo Finance21 Nov 202308:00 am19 days ago
Nasdaq14 Nov 202308:00 am26 days ago
Yahoo Finance UK12 Nov 202308:00 am28 days ago
Yahoo Finance09 Nov 202308:00 am31 days ago
Yahoo Finance05 Nov 202307:00 am35 days ago
Marketscreener NL03 Nov 202305:00 pm37 days ago
Yahoo Finance02 Nov 202307:00 am38 days ago
Forbes30 Oct 202307:00 am41 days ago
Yahoo Finance27 Oct 202307:00 am44 days ago
Nasdaq18 Oct 202307:00 am53 days ago
Morningstar14 Oct 202307:00 am57 days ago

Financials for Cavco Industries Inc

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue-5.0%452476476501577588505432360330307289258255255274269264241234242
Cost Of Revenue-3.6%345358356369420444376317270256236230204199203214210204185185192
Gross Profit-9.3%10711812113215814513011590.0074.0071.0059.0054.0055.0052.0060.0058.0060.0056.0049.0049.00
  S&GA Expenses-0.3%62.0062.0066.0059.0067.0066.0060.0060.0045.0041.0044.0035.0035.0035.0037.0037.0036.0035.0031.0031.0030.00
EBITDA Margin-100.0%-0.13*0.15*--0.12*0.14*0.08*0.09*0.10*0.09*0.08*0.08*0.09*0.09*0.11*-----
Interest Expenses-3.4%0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.001.001.001.00
Income Taxes-29.3%10.0014.0011.0016.0019.0020.0015.00-20.6811.008.005.006.005.005.002.004.006.006.006.004.004.00
Earnings Before Taxes-14.9%52.0061.00--93.0079.00---35.0030.0026.0020.0022.0014.0025.0027.0027.0026.0017.0020.00
EBT Margin-100.0%-0.12*0.14*--0.11*0.13*0.08*0.09*0.09*0.09*0.08*0.08*0.08*0.09*0.10*-----
Net Income-10.4%42.0046.0047.0060.0074.0060.0054.0079.0038.0027.0025.0020.0015.0017.0012.0021.0021.0021.0020.0013.0016.00
Net Income Margin-8.7%0.10*0.11*0.11*0.11*0.13*0.12*0.12*0.12*0.09*0.07*0.07*0.06*0.06*0.07*0.07*------
Free Cashflow-5.7%74.0078.0022.0060.0097.0033.009.0042.0054.0022.003.0015.0037.0034.0026.00------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets1.2%1,3691,3531,3081,2641,2651,1841,1551,1121,056971952907883838810787774756725717715
  Current Assets2.0%875859805833820748744704633668652626597548516502487479462450449
    Cash Equivalents12.1%395352271376333238259267224330322327312290256217190200200193195
  Inventory-3.7%244254263215234255244200190151131111112106114110115119116115112
  Net PPE0.0%22422422819419018616415815698.0097.0078.0078.0077.0077.0071.0070.0064.0063.0066.0065.00
  Goodwill0.4%11611511515.0010110110110221.005.0075.0075.0075.0075.0075.00---73.00--
  Current Liabilities4.1%305293293278306305294273282242237213208179172162170175174186197
Shareholder's Equity-0.3%1,0191,023976956929852830806733699684662641624608595573550530509495
  Retained Earnings4.5%957916869822762688629575496458431406386371355343322301280260247
  Additional Paid-In Capital0.7%274272272268267264263262259255254256254253252252251249249249248
Shares Outstanding-100.0%-9.00-9.009.009.00-9.009.009.00-9.009.009.009.009.009.009.009.009.009.00
Minority Interest-100.0%-1.001.001.001.001.001.001.001.00------------
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-5.3%77,907,00082,293,00025,574,00067,177,000104,702,00058,240,00018,257,00045,880,00055,812,00024,275,00022,465,00016,957,00038,917,00035,692,00033,417,00024,727,00026,795,00016,798,00016,478,000-1,450,00019,923,000
  Share Based Compensation7.9%1,551,0001,438,0001,409,0001,330,0002,100,0001,425,0001,599,0001,043,0001,317,0001,100,0001,457,000887,0001,103,000945,0001,613,000820,000818,000630,000429,000821,0001,516,000
Cashflow From Investing-507.8%-8,507,0002,086,000-100,142,0005,734,000-10,534,000-24,399,000-11,260,0008,203,000-152,429,000-3,616,000-18,251,000-5,016,000-187,000105,000-6,370,000-565,000-16,839,000-1,469,000-640,000-2,005,000-1,597,000
Cashflow From Financing-2634.9%-40,750,000-1,490,000-28,336,000-34,636,000989,000-40,213,000-30,805,000-15,417,000-5,723,000-13,150,000-5,531,000-586,00057,000-922,000-1,698,000287,000-17,171,000-2,174,000-20,576,000-1,633,000-102,000
  Buy Backs-40,911,000-30,182,00034,270,000-38,960,00030,473,0008,690,0007,594,00012,842,0001,441,000----------

CVCO Income Statement

2023-09-30
Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Sep. 30, 2023
Oct. 01, 2022
Sep. 30, 2023
Oct. 01, 2022
Income Statement [Abstract]    
Net revenue$ 452,030$ 577,392$ 927,905$ 1,165,730
Cost of sales345,073419,793703,069863,407
Gross profit106,957157,599224,836302,323
Selling, general and administrative expenses61,50666,894123,186133,030
Income from operations45,45190,705101,650169,293
Interest income5,8121,85110,4303,165
Interest expense(257)(233)(523)(394)
Other income, net65548878157
Income before income taxes51,66192,811112,338172,121
Income tax expense(10,088)(18,613)(24,354)(38,229)
Net income41,57374,19887,984133,892
Less: net income attributable to redeemable noncontrolling interest348288174
Net income attributable to Cavco common stockholders41,53974,11687,896133,718
Comprehensive income:    
Net income41,57374,19887,984133,892
Reclassification adjustment for securities sold3(6)6(6)
Applicable income taxes01(1)1
Net change in unrealized position of investments held65(377)9(519)
Applicable income taxes(14)79(2)109
Comprehensive income41,62773,89587,996133,477
Less: comprehensive income attributable to redeemable noncontrolling interest348288174
Comprehensive income attributable to Cavco common stockholders$ 41,593$ 73,813$ 87,908$ 133,303
Net income per share attributable to Cavco common stockholders:    
Basic (usd per share)$ 4.80$ 8.32$ 10.15$ 15.01
Diluted (usd per share)$ 4.76$ 8.25$ 10.05$ 14.88
Weighted average shares outstanding:    
Basic8,656,5378,903,7038,663,4308,910,933
Diluted8,731,4198,978,9978,742,7348,983,425

CVCO Balance Sheet

2023-09-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Apr. 01, 2023
Current assets  
Cash and cash equivalents$ 377,264$ 271,427
Restricted cash, current17,18011,728
Accounts receivable, net88,56089,347
Short-term investments14,35814,978
Current portion of consumer loans receivable, net10,50317,019
Current portion of commercial loans receivable, net48,58343,414
Current portion of commercial loans receivable from affiliates, net1,959640
Inventories244,476263,150
Prepaid expenses and other current assets72,56092,876
Total current assets875,443804,579
Restricted cash585335
Investments20,50718,639
Consumer loans receivable, net25,23327,129
Commercial loans receivable, net40,99853,890
Commercial loans receivable from affiliates, net2,9284,033
Property, plant and equipment, net223,664228,278
Goodwill116,015114,547
Other intangibles, net29,00529,790
Operating lease right-of-use assets34,41326,755
Total assets1,368,7911,307,975
Current liabilities  
Accounts payable41,09530,730
Accrued expenses and other current liabilities264,380262,661
Total current liabilities305,475293,391
Operating lease liabilities30,52921,678
Other liabilities7,7927,820
Deferred income taxes5,7407,581
Redeemable noncontrolling interest01,219
Stockholders' equity  
Preferred stock, $0.01 par value; 1,000,000 shares authorized; No shares issued or outstanding00
Common stock, $0.01 par value; 40,000,000 shares authorized; Issued 9,356,421 and 9,337,125 shares, respectively9493
Treasury stock, at cost; 844,742 and 671,801 shares, respectively(211,646)(164,452)
Additional paid-in capital274,204271,950
Retained earnings957,206869,310
Accumulated other comprehensive loss(603)(615)
Total stockholders' equity1,019,255976,286
Total liabilities, redeemable noncontrolling interest and stockholders' equity$ 1,368,791$ 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, Issued9,356,4219,337,125
Treasury Stock, Common, Shares844,742671,801
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
 WEBSITEwww.cavco.com
 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 Fri Dec 08 2023, market cap of Cavco Industries Inc is 2.66 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. 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 Fri Dec 08 2023, CVCO's PE ratio (Price to Earnings) is 13.66 and Price to Sales (PS) ratio is 1.4. 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 0.172 (multiply by 100 for percentage) rate of return.