CVCO RSI Chart
Last 7 days
-9.0%
Last 30 days
-5.5%
Last 90 days
16.2%
Trailing 12 Months
21.2%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 2.1B | 2.0B | 1.9B | 1.9B |
2022 | 1.6B | 1.9B | 2.1B | 2.2B |
2021 | 1.1B | 1.2B | 1.3B | 1.4B |
2020 | 1.1B | 1.1B | 1.0B | 1.1B |
2019 | 962.7M | 980.4M | 1.0B | 1.0B |
2018 | 871.2M | 910.8M | 951.8M | 964.2M |
2017 | 773.8M | 795.5M | 807.6M | 826.7M |
2016 | 712.4M | 735.8M | 732.2M | 753.1M |
2015 | 566.7M | 589.2M | 641.8M | 676.3M |
2014 | 533.3M | 538.5M | 548.0M | 556.6M |
2013 | 452.3M | 467.5M | 487.2M | 511.0M |
2012 | 443.1M | 462.9M | 442.9M | 443.0M |
2011 | 171.8M | 223.3M | 307.4M | 382.4M |
2010 | 115.6M | 129.7M | 143.7M | 157.8M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 |
Which funds bought or sold CVCO recently?
View All DetailsDatesorted ascending | Fund Name | Type | % 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 | - | -% |
Unveiling Cavco Industries Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Cavco Industries Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
HD | 332.1B | 152.7B | 21.93 | 2.18 | ||||
LOW | 130.7B | 86.4B | 16.91 | 1.51 | ||||
DHI | 48.5B | 35.9B | 10.23 | 1.35 | ||||
NVR | 24.4B | 9.5B | 15.3 | 2.56 | ||||
FND | 11.5B | 4.4B | 46.94 | 2.62 | ||||
MID-CAP | ||||||||
MHK | 7.0B | 11.1B | -15.86 | 0.63 | ||||
IBP | 6.4B | 2.8B | 26.28 | 2.3 | ||||
WHR | 5.8B | 19.5B | 11.94 | 0.3 | ||||
CVCO | 3.0B | 1.9B | 17.37 | 1.61 | ||||
CCS | 2.6B | 3.7B | 9.88 | 0.69 | ||||
LEG | 2.3B | 4.7B | -16.9 | 0.49 | ||||
SMALL-CAP | ||||||||
AMWD | 1.5B | 1.9B | 12.26 | 0.78 | ||||
BZH | 833.1M | 2.1B | 5.34 | 0.39 | ||||
BSET | 119.2M | 369.0M | -20.52 | 0.32 | ||||
CRWS | 53.9M | 86.7M | 11.42 | 0.62 |
Cavco Industries Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | -1.2% | 447 | 452 | 476 | 476 | 501 | 577 | 588 | 505 | 432 | 360 | 330 | 307 | 289 | 258 | 255 | 255 | 274 | 269 | 264 | 241 | 234 |
Cost Of Revenue | -0.4% | 344 | 345 | 358 | 356 | 369 | 420 | 444 | 376 | 317 | 270 | 256 | 236 | 230 | 204 | 199 | 203 | 214 | 210 | 204 | 185 | 185 |
Gross Profit | -3.7% | 103 | 107 | 118 | 121 | 132 | 158 | 145 | 130 | 115 | 90.00 | 74.00 | 71.00 | 59.00 | 54.00 | 55.00 | 52.00 | 60.00 | 58.00 | 60.00 | 56.00 | 49.00 |
S&GA Expenses | 2.9% | 63.00 | 62.00 | 62.00 | 66.00 | 59.00 | 67.00 | 66.00 | 60.00 | 60.00 | 45.00 | 41.00 | 44.00 | 35.00 | 35.00 | 35.00 | 37.00 | 37.00 | 36.00 | 35.00 | 31.00 | 31.00 |
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 Expenses | 227.6% | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 |
Income Taxes | -21.5% | 8.00 | 10.00 | 14.00 | 11.00 | 16.00 | 19.00 | 20.00 | 15.00 | -20.68 | 11.00 | 8.00 | 5.00 | 6.00 | 5.00 | 5.00 | 2.00 | 4.00 | 6.00 | 6.00 | 6.00 | 4.00 |
Earnings Before Taxes | -15.0% | 44.00 | 52.00 | 61.00 | 59.00 | 76.00 | 93.00 | 79.00 | - | - | - | 35.00 | 30.00 | 26.00 | 20.00 | 22.00 | 14.00 | 25.00 | 27.00 | 27.00 | 26.00 | 17.00 |
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% | 36.00 | 42.00 | 46.00 | 47.00 | 60.00 | 74.00 | 60.00 | 54.00 | 79.00 | 38.00 | 27.00 | 25.00 | 20.00 | 15.00 | 17.00 | 12.00 | 21.00 | 21.00 | 21.00 | 20.00 | 13.00 |
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% | 41.00 | 74.00 | 78.00 | 22.00 | 60.00 | 97.00 | 33.00 | 9.00 | 42.00 | 54.00 | 22.00 | 3.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | -3.1% | 1,327 | 1,369 | 1,353 | 1,308 | 1,264 | 1,265 | 1,184 | 1,155 | 1,112 | 1,056 | 971 | 952 | 907 | 883 | 838 | 810 | 787 | 774 | 756 | 725 | 717 |
Current Assets | -4.8% | 833 | 875 | 859 | 805 | 833 | 820 | 748 | 744 | 704 | 633 | 668 | 652 | 626 | 597 | 548 | 516 | 502 | 487 | 479 | 462 | 450 |
Cash Equivalents | -6.5% | 353 | 377 | 352 | 271 | 386 | 333 | 238 | 259 | 267 | 224 | 330 | 322 | 327 | 312 | 290 | 256 | 217 | 190 | 200 | 200 | 193 |
Inventory | -3.2% | 237 | 244 | 254 | 263 | 215 | 234 | 255 | 244 | 200 | 190 | 151 | 131 | 111 | 112 | 106 | 114 | 110 | 115 | 119 | 116 | 115 |
Net PPE | 0.2% | 224 | 224 | 224 | 228 | 194 | 190 | 186 | 164 | 158 | 156 | 98.00 | 97.00 | 78.00 | 78.00 | 77.00 | 77.00 | 71.00 | 70.00 | 64.00 | 63.00 | 66.00 |
Goodwill | 4.1% | 121 | 116 | 115 | 115 | 15.00 | 101 | 101 | 101 | 102 | 21.00 | 21.00 | 75.00 | 75.00 | 75.00 | 75.00 | 75.00 | - | - | - | 73.00 | - |
Current Liabilities | -11.2% | 271 | 305 | 293 | 293 | 278 | 306 | 305 | 294 | 273 | 282 | 242 | 237 | 213 | 208 | 179 | 172 | 162 | 170 | 175 | 174 | 186 |
Shareholder's Equity | -1.0% | 1,009 | 1,019 | 1,023 | 976 | 956 | 929 | 852 | 830 | 806 | 733 | 699 | 684 | 662 | 641 | 624 | 608 | 595 | 573 | 550 | 530 | 509 |
Retained Earnings | 3.8% | 993 | 957 | 916 | 869 | 822 | 762 | 688 | 629 | 575 | 496 | 458 | 431 | 406 | 386 | 371 | 355 | 343 | 322 | 301 | - | 260 |
Additional Paid-In Capital | 1.3% | 278 | 274 | 272 | 272 | 268 | 267 | 264 | 263 | 262 | 259 | 255 | 254 | 256 | 254 | 253 | 252 | 252 | 251 | 249 | 249 | 249 |
Shares Outstanding | -3.7% | 8.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | - | - | - | - | - | - | - | - | - |
Minority Interest | - | - | - | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | - | - | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | - | - | 1,092 | - | - | - | 1,183 | - | - | - | 874 | - | - | - | 833 | - | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -41.1% | 45,904 | 77,907 | 82,293 | 25,574 | 67,177 | 104,702 | 58,240 | 18,257 | 45,880 | 55,812 | 24,275 | 22,465 | 16,957 | 38,917 | 35,692 | 33,417 | 24,727 | 26,795 | 16,798 | 16,478 | -1,450 |
Share Based Compensation | 10.2% | 1,709 | 1,551 | 1,438 | 1,409 | 1,330 | 2,100 | 1,425 | 1,599 | 1,043 | 1,317 | 1,100 | 1,457 | 887 | 1,103 | 945 | 1,613 | 820 | 818 | 630 | 429 | 821 |
Cashflow From Investing | -136.5% | -20,122 | -8,507 | 2,086 | -100,142 | 5,734 | -10,534 | -24,399 | -11,260 | 8,203 | -152,429 | -3,616 | -18,251 | -5,016 | -187 | 105 | -6,370 | -565 | -16,839 | -1,469 | -640 | -2,005 |
Cashflow From Financing | -33.0% | -54,203 | -40,750 | -1,490 | -28,336 | -34,636 | 989 | -40,213 | -30,805 | -15,417 | -5,723 | -13,150 | -5,531 | -586 | 57.00 | -922 | -1,698 | 287 | -17,171 | -2,174 | -20,576 | -1,633 |
Buy Backs | 36.6% | 55,870 | 40,911 | - | 30,182 | 34,270 | - | 38,960 | 30,473 | 8,690 | 7,594 | 12,842 | 1,441 | - | - | - | - | - | - | - | - | - |
Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands | 3 Months Ended | 9 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 sales | 343,718 | 368,635 | 1,046,787 | 1,232,042 |
Gross profit | 103,051 | 131,968 | 327,887 | 434,291 |
Selling, general and administrative expenses | 63,312 | 58,904 | 186,498 | 191,934 |
Income from operations | 39,739 | 73,064 | 141,389 | 242,357 |
Interest income | 5,234 | 3,581 | 15,664 | 6,746 |
Interest expense | (842) | (216) | (1,365) | (610) |
Other (expense) income, net | (224) | (348) | 557 | (291) |
Income before income taxes | 43,907 | 76,081 | 156,245 | 248,202 |
Income tax expense | (7,920) | (16,492) | (32,274) | (54,721) |
Net income | 35,987 | 59,589 | 123,971 | 193,481 |
Less: net income attributable to redeemable noncontrolling interest | 0 | 65 | 88 | 239 |
Net income attributable to Cavco common stockholders | 35,987 | 59,524 | 123,883 | 193,242 |
Comprehensive income: | ||||
Net income | 35,987 | 59,589 | 123,971 | 193,481 |
Reclassification adjustment for securities sold | 293 | (13) | 299 | (19) |
Applicable income taxes | (62) | 3 | (63) | 4 |
Net change in unrealized position of investments held | 13 | 107 | 22 | (412) |
Applicable income taxes | (3) | (23) | (5) | 86 |
Comprehensive income | 36,228 | 59,663 | 124,224 | 193,140 |
Less: comprehensive income attributable to redeemable noncontrolling interest | 0 | 65 | 88 | 239 |
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: | ||||
Basic | 8,358,389 | 8,870,565 | 8,561,209 | 8,897,405 |
Diluted | 8,432,471 | 8,936,075 | 8,640,288 | 8,969,104 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 30, 2023 | Apr. 01, 2023 |
---|---|---|
Current assets | ||
Cash and cash equivalents | $ 352,808 | $ 271,427 |
Restricted cash, current | 13,215 | 11,728 |
Accounts receivable, net | 70,501 | 89,347 |
Short-term investments | 16,819 | 14,978 |
Current portion of consumer loans receivable, net | 11,855 | 17,019 |
Current portion of commercial loans receivable, net | 48,817 | 43,414 |
Current portion of commercial loans receivable from affiliates, net | 2,135 | 640 |
Inventories | 236,649 | 263,150 |
Prepaid expenses and other current assets | 80,248 | 92,876 |
Total current assets | 833,047 | 804,579 |
Restricted cash | 585 | 335 |
Investments | 16,099 | 18,639 |
Consumer loans receivable, net | 24,279 | 27,129 |
Commercial loans receivable, net | 38,836 | 53,890 |
Commercial loans receivable from affiliates, net | 2,784 | 4,033 |
Property, plant and equipment, net | 224,216 | 228,278 |
Goodwill | 120,744 | 114,547 |
Other intangibles, net | 28,613 | 29,790 |
Operating lease right-of-use assets | 37,393 | 26,755 |
Total assets | 1,326,596 | 1,307,975 |
Current liabilities | ||
Accounts payable | 23,928 | 30,730 |
Accrued expenses and other current liabilities | 247,244 | 262,661 |
Total current liabilities | 271,172 | 293,391 |
Operating lease liabilities | 33,285 | 21,678 |
Other liabilities | 7,651 | 7,820 |
Deferred income taxes | 5,788 | 7,581 |
Redeemable noncontrolling interest | 0 | 1,219 |
Stockholders' equity | ||
Preferred stock, $0.01 par value; 1,000,000 shares authorized; No shares issued or outstanding | 0 | 0 |
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, respectively | 94 | 93 |
Treasury stock, at cost; 1,035,335 and 671,801 shares, respectively | (262,072) | (164,452) |
Additional paid-in capital | 277,847 | 271,950 |
Retained earnings | 993,193 | 869,310 |
Accumulated other comprehensive loss | (362) | (615) |
Total stockholders' equity | 1,008,700 | 976,286 |
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 Authorized | 1,000,000 | 1,000,000 |
Preferred Stock, Shares Issued | 0 | 0 |
Preferred Stock, Shares Outstanding | 0 | 0 |
Common Stock, Par or Stated Value Per Share | $ 0.01 | $ 0.01 |
Common Stock, Shares Authorized | 40,000,000 | 40,000,000 |
Common Stock, Shares, Issued | 9,381,147 | 9,337,125 |
Common Stock, Shares, Outstanding | 8,345,812 | 8,665,324 |
Treasury Stock, Common, Shares | 1,035,335 | 671,801 |