Joseph Stegmayer - Cavco Industries Chairman, CEO and Pres
| CVCO Stock | USD 359.52 1.32 0.37% |
Chairman
Mr. Joseph H. Stegmayer is Chairman of the Board, President, Chief Executive Officer of Cavco Industries, Inc. Mr. Stegmayer also serves as a director and officer of certain of Cavcos major subsidiaries, including Fleetwood Homes, Inc. and Palm Harbor Homes, Inc. Mr. Stegmayer served as President of Centexs manufactured housing holding company, Centex Manufactured Housing Group, LLC, from September 2000 until Cavcos spinoff from Centex in June 2003. Prior to joining Centex, Mr. Stegmayer was Executive Vice President of Champion Enterprises, Inc., and President, Vice Chairman and Chairman of the Executive Committee of Clayton Homes, Inc. As Chairman of the Board, President and CEO of Cavco, with in excess of thirty years of experience in the manufactured housing industry, Mr. Stegmayer has an in depth understanding of the factors affecting Cavcos business. Mr. Stegmayer has extensive experience managing public companies, is widely recognized as a manufactured housing industry expert, and currently serves as Chairman of the Manufactured Housing Institute. Mr. Stegmayer was inducted to the RVMH Hall of Fame in 2016 as a result of his contributions to the industry. since 2017.
| Age | 66 |
| Tenure | 7 years |
| Address | 3636 North Central Avenue, Phoenix, AZ, United States, 85012 |
| Phone | 602 256 6263 |
| Web | https://www.cavco.com |
Cavco Industries Management Efficiency
The company has return on total asset (ROA) of 0.0936 % which means that it generated a profit of $0.0936 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1744 %, meaning that it created $0.1744 on every $100 dollars invested by stockholders. Cavco Industries' management efficiency ratios could be used to measure how well Cavco Industries manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of April 2024, Return On Tangible Assets is likely to grow to 0.11. Also, Return On Capital Employed is likely to grow to 0.16. At this time, Cavco Industries' Deferred Long Term Asset Charges is very stable compared to the past year. As of the 23rd of April 2024, Return On Tangible Assets is likely to grow to 0.11, while Non Currrent Assets Other are likely to drop about 51 M.Similar Executives
| Found 11 records | CHAIRMAN Age | ||
| Timothy Bernlohr | Skyline | 61 | |
| Robert Schottenstein | MI Homes | 71 | |
| Eric Lipar | LGI Homes | 53 | |
| Timothy Eller | Taylor Morn Home | 66 | |
| Barry Sternlicht | TRI Pointe Homes | 55 | |
| Jeffrey Edwards | Installed Building Products | 60 | |
| Steven Hilton | Meritage | 63 | |
| Dale Francescon | Century Communities | 71 | |
| Brian Beazer | Beazer Homes USA | 82 | |
| Steven Gilbert | TRI Pointe Homes | 73 | |
| Allan Merrill | Beazer Homes USA | 58 | |
Management Performance
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.0936 |
Cavco Industries Leadership Team
Elected by the shareholders, the Cavco Industries' board of directors comprises two types of representatives: Cavco Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cavco. The board's role is to monitor Cavco Industries' management team and ensure that shareholders' interests are well served. Cavco Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cavco Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Susan Blount, Independent Director | ||
| Joshua Barsetti, Chief Accounting Officer | ||
| Steven Bunger, Independent Director | ||
| David Greenblatt, Independent Director | ||
| Paul Bigbee, Chief Officer | ||
| William Boor, Independent Director | ||
| Anthony Crutcher, Chief Officer | ||
| Jack Hanna, Independent Director | ||
| Joseph Stegmayer, Chairman, CEO and Pres | ||
| Julia Sze, Independent Director | ||
| Charles Lott, President of Fleetwood Homes Inc | ||
| Steven Like, Senior Vice President | ||
| Mickey Dragash, Executive Vice President Chief Compliance Officer, General Counsel, Corporate Secretary | ||
| Seth Schuknecht, General EVP | ||
| Allison Aden, CFO VP | ||
| Brian Cira, President Housing | ||
| Gavin Ryan, President Company | ||
| Daniel Urness, CFO, Executive VP and Treasurer | ||
| Matthew Nino, President Retail | ||
| Mark Fusler, Director Relations | ||
| Colleen Rogers, Senior Communications | ||
| Richard Kerley, Independent Director |
Cavco Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Cavco Industries a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.0936 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 2.67 B | ||||
| Shares Outstanding | 8.35 M | ||||
| Shares Owned By Insiders | 5.27 % | ||||
| Shares Owned By Institutions | 97.92 % | ||||
| Number Of Shares Shorted | 191.11 K | ||||
| Price To Earning | 32.18 X |
Cavco Industries Investors Sentiment
The influence of Cavco Industries' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cavco. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Cavco Industries' public news can be used to forecast risks associated with an investment in Cavco. The trend in average sentiment can be used to explain how an investor holding Cavco can time the market purely based on public headlines and social activities around Cavco Industries. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cavco Industries' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cavco Industries' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cavco Industries' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cavco Industries.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cavco Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cavco Industries' short interest history, or implied volatility extrapolated from Cavco Industries options trading.
Pair Trading with Cavco Industries
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cavco Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cavco Industries will appreciate offsetting losses from the drop in the long position's value.Moving together with Cavco Stock
| 0.77 | BC | Brunswick Earnings Call This Week | PairCorr |
| 0.86 | RL | Ralph Lauren Corp Financial Report 23rd of May 2024 | PairCorr |
| 0.63 | DOGZ | Dogness International Downward Rally | PairCorr |
Moving against Cavco Stock
| 0.66 | FOSL | Fossil Group | PairCorr |
| 0.65 | UHG | United Homes Group | PairCorr |
| 0.55 | VRA | Vera Bradley Financial Report 5th of June 2024 | PairCorr |
| 0.53 | VEEE | Twin Vee Powercats | PairCorr |
| 0.47 | HWH | HWH International Symbol Change | PairCorr |
The ability to find closely correlated positions to Cavco Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cavco Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cavco Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cavco Industries to buy it.
The correlation of Cavco Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cavco Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cavco Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cavco Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cavco Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Cavco Stock, please use our How to Invest in Cavco Industries guide.Note that the Cavco Industries information on this page should be used as a complementary analysis to other Cavco Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Cavco Stock analysis
When running Cavco Industries' price analysis, check to measure Cavco Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cavco Industries is operating at the current time. Most of Cavco Industries' value examination focuses on studying past and present price action to predict the probability of Cavco Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cavco Industries' price. Additionally, you may evaluate how the addition of Cavco Industries to your portfolios can decrease your overall portfolio volatility.
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Is Cavco Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cavco Industries. If investors know Cavco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cavco Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.36) | Earnings Share 19.76 | Revenue Per Share 215.435 | Quarterly Revenue Growth (0.11) | Return On Assets 0.0936 |
The market value of Cavco Industries is measured differently than its book value, which is the value of Cavco that is recorded on the company's balance sheet. Investors also form their own opinion of Cavco Industries' value that differs from its market value or its book value, called intrinsic value, which is Cavco Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cavco Industries' market value can be influenced by many factors that don't directly affect Cavco Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cavco Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cavco Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cavco Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.