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How to buy Cavco Industries stock | $183.68
Own Cavco Industries stock in just a few minutes.
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 5,000 staff and has a trailing 12-month revenue of around USD$1.1 billion.
How to buy shares in Cavco Industries
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
- Search for Cavco Industries. Find the stock by name or ticker symbol: CVCO. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Cavco Industries reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of USD$183.68, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Cavco Industries, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Cavco Industries. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- CVCO shares summary
- Compare share dealing platforms
- Is CVCO stock a buy or sell?
- Stock performance over time
- Can I short CVCO shares?
- Are CVCO shares over-valued?
- Cavco Industries's financials
- How volatile are CVCO shares?
- Does Cavco Industries pay a dividend?
- Have CVCO shares ever split?
- Other common questions
Cavco Industries share price
Use our graph to track the performance of CVCO stocks over time.Cavco Industries shares at a glance
Information last updated 2020-10-20.
| Latest market close | USD$183.68 |
|---|---|
| 52-week range | USD$99.58 - USD$236.1 |
| 50-day moving average | USD$181.8197 |
| 200-day moving average | USD$178.8277 |
| Wall St. target price | USD$216 |
| PE ratio | 23.664 |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | USD$7.592 |
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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 $183.68 from 2020-12-04
| 1 week (2020-11-25) | -2.92% |
|---|---|
| 1 month (2020-11-03) | -4.90% |
| 3 months (2020-09-03) | -5.68% |
| 6 months (2020-06-03) | -8.24% |
| 1 year (2019-12-03) | -7.70% |
|---|---|
| 2 years (2018-12-03) | 10.48% |
| 3 years (2017-12-02) | N/A |
| 5 years (2015-12-03) | 105.80% |
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 USD$84.3 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 | USD$1.1 billion |
|---|---|
| Operating margin TTM | 7.43% |
| Gross profit TTM | USD$210.6 million |
| Return on assets TTM | 6.13% |
| Return on equity TTM | 12% |
| Profit margin | 6.69% |
| Book value | $67.996 |
| Market capitalisation | USD$1.6 billion |
TTM: trailing 12 months
Shorting Cavco Industries shares
There are currently 127,931 Cavco Industries shares held short by investors – that's known as Cavco Industries's "short interest". This figure is 0.2% up from 127,724 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 53527.615062762). Cavco Industries's SIR currently stands at 2.39. In other words for every 100,000 Cavco Industries shares traded daily on the market, roughly 2390 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 0.01% of the outstanding shares (for every 100,000 Cavco Industries shares in existence, roughly 10 shares are currently held short) or 0.0188% of the tradable shares (for every 100,000 tradable Cavco Industries shares, roughly 19 shares are currently held short).
Such a low SIR usually points to an 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 1 February 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 $99.58 up to $236.1. 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 1.5427. This would suggest that Cavco Industries's shares are more volatile than the average for this exchange and represent, relatively-speaking, a 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 systems-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, such as single and multi-module ranch, split-level, and Cape Cod style homes, as well as two and three story homes and 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 sales centers, as well as various independent distributors, builders, communities, and developers. Additionally, the company offers property and casualty insurance to owners of manufactured homes. As of March 28, 2020, it operated 39 retail centers in Oregon, Arizona, New Mexico, Texas, Oklahoma, and Florida, Texas. The company also distributes its homes through a network of independent distribution points in 42 states and Canada; and through planned community operators and residential developers. Cavco Industries, Inc. was founded in 1965 and is headquartered in Phoenix, Arizona.
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