Cavco Stock Analysis

CVCO
 Stock
  

USD 285.00  6.73  2.42%   

The latest rise in Cavco Inds short term price appreciation could raise concerns from institutional investors as the firm is trading at a share price of 285.00 on 40,400 in volume. The company directors and management have successfully maneuvered the firm at convenient times to take advantage of all market conditions in July. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.02. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Cavco Inds partners.
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The Cavco Inds stock analysis report makes it easy to digest most publicly released information about Cavco Inds and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Cavco Stock analysis module also helps to analyze the Cavco Inds price relationship with some important fundamental indicators such as market cap and management efficiency.

Cavco Stock Analysis Notes

About 102.0% of the company shares are held by institutions such as insurance companies. The book value of Cavco Inds was currently reported as 79.89. The company has Price/Earnings To Growth (PEG) ratio of 0.39. Cavco Inds recorded earning per share (EPS) of 11.79. The entity had not issued any dividends in recent years. The firm had 2:1 split on the 1st of February 2005. Cavco Industries, Inc. designs, produces, and retails manufactured homes primarily in the United States. Cavco Industries, Inc. was founded in 1965 and is headquartered in Phoenix, Arizona. Cavco Inds operates under Residential Construction classification in the United States and is traded on NASDAQ Exchange. It employs 6300 people. For more info on Cavco Inds please contact Joseph Stegmayer at 602 256-6263 or go to www.cavco.com.

Cavco Inds Quarterly Cost of Revenue

443.61 Million

Cavco Inds Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Cavco Inds' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Cavco Inds or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Cavco Inds has very high historical volatility over the last 90 days
Cavco Inds is unlikely to experience financial distress in the next 2 years
Cavco Inds has a frail financial position based on the latest SEC disclosures
Latest headline from MacroaxisInsider: Exercise or conversion by David Greenblatt of 4000 shares of Cavco Inds subject to Rule 16b-3

Cavco Inds Upcoming and Recent Events

Earnings reports are used by Cavco Inds to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Cavco Inds previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report27th of January 2022
Next Financial Report25th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End25th of May 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Cavco Largest EPS Surprises

Earnings surprises can significantly impact Cavco Inds' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2009-01-29
2008-12-310.060.02-0.0466 
2008-10-23
2008-09-300.130.08-0.0538 
2004-04-28
2004-03-310.180.23990.059933 
View All Earnings Estimates

Cavco Inds SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Cavco Inds prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Cavco Inds investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Cavco Inds specific information freely available to individual and institutional investors to make a timely investment decision.
4th of August 2022
Financial Statements and Exhibits. Submission of Matters to a Vote of Security Holders. Results of Operations and Financial Condition
View
1st of July 2022
Unclassified Corporate Event
View
26th of May 2022
Financial Statements and Exhibits. Other Events. Results of Operations and Financial Condition
View
21st of April 2022
Financial Statements and Exhibits. Other Events
View
28th of February 2022
Financial Statements and Exhibits. Other Events
View
14th of February 2022
Unclassified Corporate Event
View
9th of February 2022
Unclassified Corporate Event
View
4th of February 2022
Unclassified Corporate Event
View

Cavco Inds Thematic Classifications

In addition to having Cavco Inds stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Construction Materials
USA Equities from Construction Materials industry as classified by Fama & French

Cavco Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Cavco Inds is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cavco Inds backward and forwards among themselves. Cavco Inds' institutional investor refers to the entity that pools money to purchase Cavco Inds' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Blackrock IncCommon Shares1.4 M266.3 M
Vanguard Group IncCommon Shares829.4 K162.6 M
Dimensional Fund Advisors LpCommon Shares377 K73.9 M
Boston Trust Walden CorpCommon Shares243.7 K47.8 M
Gamco Investors Inc Et Al 1Common Shares224.9 K44.1 M
Gwk Investment Management LlcCommon Shares211.3 K41.4 M
Geode Capital Management LlcCommon Shares176.7 K34.6 M
Note, although Cavco Inds' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Cavco Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 2.53 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cavco Inds's market, we take the total number of its shares issued and multiply it by Cavco Inds's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Cavco Profitablity

Cavco Inds' profitability indicators refer to fundamental financial ratios that showcase Cavco Inds' ability to generate income relative to its revenue or operating costs. If, let's say, Cavco Inds is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Cavco Inds' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Cavco Inds' profitability requires more research than a typical breakdown of Cavco Inds' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 12.15 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 13.08 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.13.
Last ReportedProjected for 2022
Return on Investment 26.37  21.88 
Return on Average Assets 0.18  0.15 
Return on Average Equity 0.26  0.21 
Return on Invested Capital 0.51  0.41 
Return on Sales 0.13  0.12 

Management Efficiency

The entity has return on total asset (ROA) of 11.97 % which means that it generated profit of $11.97 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 26.11 %, meaning that it created $26.11 on every $100 dollars invested by stockholders. Cavco Inds management efficiency ratios could be used to measure how well cavco inds manages its routine affairs as well as how well it operates its assets and liabilities. The value of Return on Investment is estimated to slide to 21.88. The value of Return on Average Assets is estimated to slide to 0.15. Cavco Inds Revenue to Assets are quite stable at the moment as compared to the past year. The company's current value of Revenue to Assets is estimated at 1.42. Net Current Assets as percentage of Total Assets is expected to rise to 39.40 this year, although the value of Total Assets will most likely fall to about 963 M.
Last ReportedProjected for 2022
Book Value per Share 90.48  74.28 
Enterprise Value over EBIT 9.00  14.21 
Enterprise Value over EBITDA 8.83  13.60 
Price to Book Value 2.69  3.23 
Tangible Assets Book Value per Share 111.73  93.32 
Enterprise ValueB1.8 B
Tangible Asset ValueB851.2 M

Technical Drivers

As of the 14th of August 2022, Cavco Inds shows the Downside Deviation of 3.96, mean deviation of 2.12, and Risk Adjusted Performance of 0.1546. Cavco Inds technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down nineteen technical drivers for Cavco Inds, which can be compared to its rivals. Please confirm Cavco Inds information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Cavco Inds is priced correctly, providing market reflects its regular price of 285.0 per share. Given that Cavco Inds has jensen alpha of 0.2674, we suggest you to validate Cavco Inds's prevailing market performance to make sure the company can sustain itself at a future point.

Cavco Inds Price Movement Analysis

The output start index for this execution was twenty-nine with a total number of output elements of thirty-two.
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Cavco Inds Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Cavco Inds insiders, such as employees or executives, is commonly permitted as long as it does not rely on Cavco Inds' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Cavco Inds insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Cavco Inds Predictive Daily Indicators

Cavco Inds intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Cavco Inds stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Cavco Inds Forecast Models

Cavco Inds time-series forecasting models is one of many Cavco Inds' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Cavco Inds' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Cavco Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Cavco Inds stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Cavco shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Cavco Inds. By using and applying Cavco Stock analysis, traders can create a robust methodology for identifying Cavco entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin 12.44  11.01 
EBITDA Margin 0.14  0.12 
Gross Margin 0.25  0.24 
Profit Margin 0.12  0.10 
Cavco Industries, Inc. designs, produces, and retails manufactured homes primarily in the United States. Cavco Industries, Inc. was founded in 1965 and is headquartered in Phoenix, Arizona. Cavco Inds operates under Residential Construction classification in the United States and is traded on NASDAQ Exchange. It employs 6300 people.

Current Cavco Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Cavco analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Cavco analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
280.0Buy2Odds
Cavco Inds current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Cavco analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Cavco stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Cavco Inds, talking to its executives and customers, or listening to Cavco conference calls.
Cavco Analyst Advice Details

Cavco Stock Analysis Indicators

Cavco Inds stock analysis indicators help investors evaluate how Cavco Inds stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Cavco Inds shares will generate the highest return on investment. By understating and applying Cavco Inds stock analysis, traders can identify Cavco Inds position entry and exit signals to maximize returns.
Quick Ratio1.29
Fifty Two Week Low179.47
Revenue Growth64.90%
Average Daily Volume Last 10 Day70.56k
Shares Short Prior Month282.04k
Average Daily Volume In Three Month57.48k
Earnings Growth114.20%
Shares Percent Shares Out2.99%
Earnings Quarterly Growth112.60%
Gross Margins23.85%
Forward Price Earnings12.04
Short Percent Of Float3.58%
Float Shares8.3M
Fifty Two Week High327.24
Fifty Day Average220.71
Enterprise Value To Ebitda9.65
Two Hundred Day Average257.82
Enterprise Value To Revenue1.26
Continue to Trending Equities. Note that the Cavco Inds information on this page should be used as a complementary analysis to other Cavco Inds' 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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When running Cavco Inds price analysis, check to measure Cavco Inds' 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 Inds is operating at the current time. Most of Cavco Inds' value examination focuses on studying past and present price action to predict the probability of Cavco Inds' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Cavco Inds' price. Additionally, you may evaluate how the addition of Cavco Inds to your portfolios can decrease your overall portfolio volatility.
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Is Cavco Inds' 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 Inds. 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 Inds 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 YOY
1.27
Market Capitalization
2.5 B
Quarterly Revenue Growth YOY
0.78
Return On Assets
0.14
Return On Equity
0.3
The market value of Cavco Inds 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 Inds' value that differs from its market value or its book value, called intrinsic value, which is Cavco Inds' 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 Inds' market value can be influenced by many factors that don't directly affect Cavco Inds' 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 Inds' value and its price as these two are different measures arrived at by different means. Investors typically determine Cavco Inds value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cavco Inds' 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.