Alert: New Earnings Report (11/2/23)-Cavco Industries Inc (NASDAQ: CVCO).


Cavco Industries Inc (NASDAQ: CVCO) has reported E.P.S. of $4.80 for its second fiscal quarter (ending September 30) versus $8.32 for the same period a year ago — a decline of -42%. For the latest four quarters through September 30, E.P.S. were $22.31 compared to $29.53 a year ago — a decline of -24%.


Recent Price Action

On 11/2/23, Cavco Industries Inc (NASDAQ: CVCO) stock enjoyed a large increase of 3.2%, closing at $256.09. The stock has performed in line with the market over the last nine months and has risen 1.1% during the last week.

Current PriceTarget Research Rating

CVCO’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.

Cavco Industries has a current Value Trend Rating of B (Positive). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Cavco Industries has a neutral Power Rating of 56 and a slightly positive Appreciation Score of 67, with the Positive Value Trend Rating the result.

Rating Review

In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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