Cavco Industries Stock Target Price and Analyst Consensus

CVCO Stock  USD 375.36  15.84  4.41%   
The current analyst and expert consensus on Cavco Industries is Buy, with 2 strong buy opinions. The current projected Cavco Industries target price consensus is 374.67 with 4 analyst opinions. The most common way Cavco Industries analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Cavco Industries executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Cavco Industries. We encourage you to use your own analysis of Cavco Industries to validate this buy or sell advice. Cavco Industries buy-or-sell recommendation module provides average expert sentiment on the projected Cavco Industries target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Cavco Industries to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Cavco Stock, please use our How to Invest in Cavco Industries guide.
Lowest Forecast
340.95
Highest Forecast
415.88
Target Price
374.67
At this time, Cavco Industries' Gross Profit is very stable compared to the past year. As of the 23rd of April 2024, Net Profit Margin is likely to grow to 0.07, while Pretax Profit Margin is likely to drop 0.05. At this time, Cavco Industries' Non Current Assets Total are very stable compared to the past year. As of the 23rd of April 2024, Net Receivables is likely to grow to about 181.6 M, though Net Debt is likely to grow to (213.5 M).
  
It's important to approach Cavco Industries' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Cavco Industries price targets

Cavco Industries' stock target price is an estimate of its future price, usually made by analysts. Using Cavco Industries' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Cavco Industries' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Cavco Industries' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Cavco Industries Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Cavco Industries is a key component of Cavco Industries valuation and have some predictive power on the future returns of a Cavco Industries.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cavco Industries' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
375.04377.12379.20
Details
Intrinsic
Valuation
LowRealHigh
371.06373.14412.90
Details
Naive
Forecast
LowNextHigh
354.46356.54358.62
Details
Earnings
Estimates (0)
LowProjected EPSHigh
4.594.514.87
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cavco Industries. Your research has to be compared to or analyzed against Cavco Industries' peers to derive any actionable benefits. When done correctly, Cavco Industries' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Cavco Industries.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Cash Cows Idea
Cash Cows
Invested a lot of shares
Chemicals Idea
Chemicals
Invested over 40 shares
Banking Idea
Banking
Invested over 50 shares
Artificial Intelligence Idea
Artificial Intelligence
Invested few shares
Driverless Cars Idea
Driverless Cars
Invested over 70 shares
When determining whether Cavco Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cavco Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cavco Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cavco Industries Stock:
Check out Macroaxis Advice on Cavco Industries to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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.
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Global Correlations
Find global opportunities by holding instruments from different markets
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Fundamental Analysis
View fundamental data based on most recent published financial statements
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Bonds Directory
Find actively traded corporate debentures issued by US companies
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
The data published in Cavco Industries' official financial statements usually reflect Cavco Industries' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Cavco Industries. For example, before you start analyzing numbers published by Cavco accountants, it's critical to develop an understanding of what Cavco Industries' liquidity, profitability, and earnings quality are in the context of the Household Durables space in which it operates.
Please note, the presentation of Cavco Industries' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Cavco Industries' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Cavco Industries' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Cavco Industries. Please utilize our Beneish M Score to check the likelihood of Cavco Industries' management manipulating its earnings.