How to buy Cavco Industries stock | $229.14

Cavco Industries Inc is a residential construction business based in the US. Cavco Industries shares (CVCO) are listed on the NASDAQ and all prices are listed in US Dollars. Cavco Industries employs 4,700 staff and has a trailing 12-month revenue of around 0.00.

Cavco Industries stock price (NASDAQ: CVCO)

Use our graph to track the performance of CVCO stocks over time.

Cavco Industries shares at a glance

• Key figures

Information last updated 2021-10-18.

Latest market close	$229.14
52-week range	$162.93 - $266.40
50-day moving average	$245.03
200-day moving average	$229.80
Wall St. target price	$278.33
PE ratio	24.4625
Dividend yield	N/A (0%)
Earnings per share (TTM)	$9.37

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Is it a good time to buy Cavco Industries stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Cavco Industries price performance over time

Historical closes compared with the close of $229.14 from 2021-10-15

1 week (2021-10-11)	-1.90%
1 month (2021-09-17)	-9.96%
3 months (2021-07-19)	8.01%
6 months (2021-04-19)	3.54%

1 year (2020-10-16)	27.58%
2 years (2019-10-18)	15.32%
3 years (2018-10-18)	9.10%
5 years (2016-10-18)	141.84%

Is Cavco Industries under- or over-valued?

Valuing Cavco Industries stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Cavco Industries's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Cavco Industries's P/E ratio

Cavco Industries's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 24x. In other words, Cavco Industries shares trade at around 24x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Cavco Industries's PEG ratio

Cavco Industries's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.24. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Cavco Industries's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Cavco Industries's EBITDA

Cavco Industries's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $107.6 million.

The EBITDA is a measure of a Cavco Industries's overall financial performance and is widely used to measure a its profitability.

Cavco Industries financials

Revenue TTM	$1.2 billion
Operating margin TTM	8.56%
Gross profit TTM	$218.6 million
Return on assets TTM	7%
Return on equity TTM	13.15%
Profit margin	7.35%
Book value	$76.17
Market capitalisation	$2.1 billion

TTM: trailing 12 months

Shorting Cavco Industries shares

There are currently 212,005 Cavco Industries shares held short by investors – that's known as Cavco Industries's "short interest". This figure is 10.3% down from 236,444 last month.

There are a few different ways that this level of interest in shorting Cavco Industries shares can be evaluated.

Cavco Industries's "short interest ratio" (SIR)

Cavco Industries's "short interest ratio" (SIR) is the quantity of Cavco Industries shares currently shorted divided by the average quantity of Cavco Industries shares traded daily (recently around 36426.975945017). Cavco Industries's SIR currently stands at 5.82. In other words for every 100,000 Cavco Industries shares traded daily on the market, roughly 5820 shares are currently held short.

However Cavco Industries's short interest can also be evaluated against the total number of Cavco Industries shares, or, against the total number of tradable Cavco Industries shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Cavco Industries's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Cavco Industries shares in existence, roughly 20 shares are currently held short) or 0.0248% of the tradable shares (for every 100,000 tradable Cavco Industries shares, roughly 25 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Cavco Industries.

Find out more about how you can short Cavco Industries stock.

Cavco Industries share dividends

We're not expecting Cavco Industries to pay a dividend over the next 12 months.

Have Cavco Industries's shares ever split?

Cavco Industries's shares were split on a 2:1 basis on 31 January 2005. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Cavco Industries shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Cavco Industries shares which in turn could have impacted Cavco Industries's share price.

Cavco Industries share price volatility

Over the last 12 months, Cavco Industries's shares have ranged in value from as little as $162.93 up to $266.4. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Cavco Industries's is 1.136. This would suggest that Cavco Industries's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Cavco Industries overview

Cavco Industries, Inc. designs, produces, and retails manufactured homes primarily in the United States. It operates in two segments, Factory-Built Housing and Financial Services. The company markets its manufactured homes under the Cavco, Fleetwood, Palm Harbor, Fairmont, Friendship, Chariot Eagle, and Destiny brands. It also builds park model RVs; vacation cabins; and factory-built commercial structures, including apartment buildings, condominiums, hotels, workforce housing, schools, and housing for the United States military troops. In addition, the company produces various modular homes, which include single and multi-section ranch, split-level, and Cape Cod style homes, as well as two- and three-story homes, multi-family units primarily under the Nationwide Homes brand. Further, it provides conforming mortgages, non-conforming mortgages, and home-only loans to purchasers of various brands of factory-built homes sold by company-owned retail stores, as well as various independent distributors, builders, communities, and developers.

Frequently asked questions

What percentage of Cavco Industries is owned by insiders or institutions?
Currently 6.936% of Cavco Industries shares are held by insiders and 95.947% by institutions. How many people work for Cavco Industries?
Latest data suggests 4,700 work at Cavco Industries. When does the fiscal year end for Cavco Industries?
Cavco Industries's fiscal year ends in March. Where is Cavco Industries based?
Cavco Industries's address is: 3636 North Central Avenue, Phoenix, AZ, United States, 85012 What is Cavco Industries's ISIN number?
Cavco Industries's international securities identification number is: US1495681074 What is Cavco Industries's CUSIP number?
Cavco Industries's Committee on Uniform Securities Identification Procedures number is: 149567109