Cavco Industries Inc [CVCO] stock prices are down -0.43% to $457.42 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The CVCO shares have gain 7.66% over the last week, with a monthly amount glided 6.62%, and 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 $331.08 and $549.99 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 $457.42 at the most recent close of the market. An investor can expect a potential return of 3.84% based on the average CVCO price forecast.
Analyzing the CVCO fundamentals
The Cavco Industries Inc [NASDAQ:CVCO] reported sales of 2.02B for trailing twelve months, representing a surge of 21.26%. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.09%.
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 448.46 points at the first support level, and at 439.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 463.08, and for the 2nd resistance point, it is at 468.73.
Ratios To Look Out For
It’s worth pointing out that Cavco Industries Inc [NASDAQ:CVCO]’s Current Ratio is 3.00. On the other hand, the Quick Ratio is 2.17. Considering the valuation of this stock, the price to sales ratio is 1.84, the price to book ratio is 3.44 and price to earnings (TTM) ratio is 22.04.
Transactions by insiders
Recent insider trading involved Greenblatt David A., Director, that happened on Mar 05 ’25 when 4000.0 shares were sold. Officer, DAVID ALAN GREENBLATT completed a deal on Mar 05 ’25 to buy 4000.0 shares. Meanwhile, President, Financial Services BRANDOM JACK S sold 1000.0 shares on Feb 07 ’25.