NASDAQ
CVCO

Cavco Industries Inc

Residential Construction
Consumer Cyclical

Prices are adjusted according to historical splits.

Cavco Industries Inc Stock Price

Vitals

Today's Low:
$268.115
Today's High:
$273.86
Open Price:
$272
52W Low:
$179.47
52W High:
$318
Prev. Close:
$272.45
Volume:
48248

Company Statistics

Market Cap.:
$2.31 billion
Book Value:
112.666
Revenue TTM:
$2.14 billion
Operating Margin TTM:
13.8%
Gross Profit TTM:
$388.07 million
Profit Margin:
11.23%
Return on Assets TTM:
15.01%
Return on Equity TTM:
26.63%

Company Profile

Cavco Industries Inc had its IPO on 2003-07-01 under the ticker symbol CVCO.

The company operates in the Consumer Cyclical sector and Residential Construction industry. Cavco Industries Inc has a staff strength of 7,000 employees.

Stock update

Shares of Cavco Industries Inc opened at $272 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $268.12 - $273.86, and closed at $271.35.

This is a -0.4% slip from the previous day's closing price.

A total volume of 48,248 shares were traded at the close of the day’s session.

In the last one week, shares of Cavco Industries Inc have slipped by -4.58%.

Cavco Industries Inc's Key Ratios

Cavco Industries Inc has a market cap of $2.31 billion, indicating a price to book ratio of 2.2932 and a price to sales ratio of 0.9762.

In the last 12-months Cavco Industries Inc’s revenue was $2.14 billion with a gross profit of $388.07 million and an EBITDA of $312.60 million. The EBITDA ratio measures Cavco Industries Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Cavco Industries Inc’s operating margin was 13.8% while its return on assets stood at 15.01% with a return of equity of 26.63%.

In Q1, Cavco Industries Inc’s quarterly earnings growth was a negative -7.3% while revenue growth was a negative 5.8%.

Cavco Industries Inc’s PE and PEG Ratio

Forward PE
0
Trailing PE
9.1085
PEG
2.24

Its diluted EPS in the last 12-months stands at $29.32 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 2.24. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Cavco Industries Inc’s profitability.

Cavco Industries Inc stock is trading at a EV to sales ratio of 0.8526 and a EV to EBITDA ratio of 5.6656. Its price to sales ratio in the trailing 12-months stood at 0.9762.

Cavco Industries Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$1.31 billion
Total Liabilities
$293.39 million
Operating Cash Flow
$-100142000.00
Capital Expenditure
$3.26 million
Dividend Payout Ratio
0%

Cavco Industries Inc ended 2024 with $1.31 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.31 billion while shareholder equity stood at $976.29 million.

Cavco Industries Inc ended 2024 with $7.58 million in deferred long-term liabilities, $293.39 million in other current liabilities, 93000.00 in common stock, $869.31 million in retained earnings and $114.55 million in goodwill. Its cash balance stood at $271.43 million and cash and short-term investments were $286.41 million. The company’s total short-term debt was $0 while long-term debt stood at $0.

Cavco Industries Inc’s total current assets stands at $804.58 million while long-term investments were $99.66 million and short-term investments were $14.98 million. Its net receivables were $150.42 million compared to accounts payable of $30.73 million and inventory worth $263.15 million.

In 2024, Cavco Industries Inc's operating cash flow was $-100142000.00 while its capital expenditure stood at $3.26 million.

Comparatively, Cavco Industries Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$271.35
52-Week High
$318
52-Week Low
$179.47
Analyst Target Price
$358.33

Cavco Industries Inc stock is currently trading at $271.35 per share. It touched a 52-week high of $318 and a 52-week low of $318. Analysts tracking the stock have a 12-month average target price of $358.33.

Its 50-day moving average was $283.45 and 200-day moving average was $275.82 The short ratio stood at 5.34 indicating a short percent outstanding of 0%.

Around 640.9% of the company’s stock are held by insiders while 9596.9% are held by institutions.

Frequently Asked Questions About Cavco Industries Inc

The stock symbol (also called stock or share ticker) of Cavco Industries Inc is CVCO

The IPO of Cavco Industries Inc took place on 2003-07-01

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About

Cavco Industries, Inc. designs, produces, and retails factory-built homes primarily in the United States. It operates in two segments, Factory-Built Housing and Financial Services. The company markets its factory-built homes under the Cavco, Fleetwood, Palm Harbor, Nationwide, Fairmont, Friendship, Chariot Eagle, Destiny, Commodore, Colony, Pennwest, R-Anell, Manorwood, MidCountry, and Solitaire brands. It also produces 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, and multi-family units. Further, it provides conforming and 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. Additionally, the company offers property and casualty insurance to owners of manufactured homes. It distributes its products through a network of independent and company-owned retailers, planned community operators, and residential developers. Cavco Industries, Inc. was founded in 1965 and is headquartered in Phoenix, Arizona.

Address

3636 North Central Avenue, Phoenix, AZ, United States, 85012