Cavco Industries Inc [CVCO] stock prices are up 1.13% to $476.84 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CVCO shares have gain 10.56% over the last week, with a monthly amount drifted -0.61%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Cavco Industries Inc [NASDAQ: CVCO] stock has seen the most recent analyst activity on December 03, 2024, when Wedbush downgraded its rating to a Neutral but kept the price target unchanged to $480 for it. Previously, Wedbush upgraded its rating to Outperform on August 05, 2022, and elevated its price target to $385. On September 23, 2020, upgrade upgraded it’s rating to Buy but maintained its price target of $218 on the stock. Wedbush started tracking the stock assigning a Neutral rating and suggested a price target of $195 on July 14, 2020. Sidoti upgraded its rating to a Buy. In a note dated February 12, 2016, Sidoti initiated an Buy rating and provided a target price of $116 on this stock.
The stock price of Cavco Industries Inc [CVCO] has been fluctuating between $304.10 and $544.08 over the past year. Currently, Wall Street analysts expect the stock to reach $475 within the next 12 months. Cavco Industries Inc [NASDAQ: CVCO] shares were valued at $476.84 at the most recent close of the market. An investor can expect a potential drop of -0.39% based on the average CVCO price forecast.
Analyzing the CVCO fundamentals
The Cavco Industries Inc [NASDAQ:CVCO] reported sales of 1.85B for trailing twelve months, representing a surge of 12.26%. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.14 and Total Capital is 0.15. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 469.87 points at the first support level, and at 462.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 483.96, and for the 2nd resistance point, it is at 491.08.
Ratios To Look Out For
It’s worth pointing out that Cavco Industries Inc [NASDAQ:CVCO]’s Current Ratio is 2.90. In addition, the Quick Ratio stands at 2.11 and the Cash Ratio stands at 1.17. Considering the valuation of this stock, the price to sales ratio is 2.09, the price to book ratio is 3.73 and price to earnings (TTM) ratio is 26.97.
Transactions by insiders
Recent insider trading involved Blount Susan L, Director, that happened on Jan 15 ’25 when 750.0 shares were sold. Director, Blount Susan L completed a deal on Dec 13 ’24 to sell 750.0 shares. Meanwhile, Director SUSAN L BLOUNT bought 1500.0 shares on Dec 13 ’24.
