Cavco Industries (NASDAQ:CVCO) Receives Neutral Rating from Wedbush

Wedbush reaffirmed their neutral rating on shares of Cavco Industries (NASDAQ:CVCO) in a report released on Monday,RTT News reports. They currently have a $550.00 price objective on the construction company’s stock, up from their previous price objective of $480.00. Wedbush also issued estimates for Cavco Industries’ Q4 2025 earnings at $5.93 EPS, FY2025 earnings at $21.93 EPS, Q1 2026 earnings at $5.87 EPS, Q2 2026 earnings at $6.31 EPS, Q3 2026 earnings at $6.13 EPS, Q4 2026 earnings at $6.52 EPS, FY2026 earnings at $24.82 EPS, Q1 2027 earnings at $6.42 EPS, Q2 2027 earnings at $6.85 EPS, Q3 2027 earnings at $6.65 EPS and FY2027 earnings at $27.00 EPS.

CVCO has been the topic of a number of other reports. StockNews.com cut shares of Cavco Industries from a “buy” rating to a “hold” rating in a report on Friday, December 20th. Craig Hallum upped their price objective on Cavco Industries from $422.00 to $495.00 and gave the company a “buy” rating in a research note on Monday, November 4th.

Cavco Industries Price Performance

Cavco Industries stock opened at $533.84 on Monday. Cavco Industries has a one year low of $331.08 and a one year high of $544.08. The company has a market cap of $4.33 billion, a price-to-earnings ratio of 26.27 and a beta of 1.35. The firm has a 50-day moving average of $473.32 and a 200-day moving average of $440.76.

Cavco Industries (NASDAQ:CVCO) last released its earnings results on Thursday, January 30th. The construction company reported $6.90 earnings per share for the quarter, beating the consensus estimate of $4.89 by $2.01. Cavco Industries had a net margin of 8.75% and a return on equity of 16.25%. As a group, sell-side analysts expect that Cavco Industries will post 18 earnings per share for the current year.

Insider Activity

In related news, Director Julia Sze sold 125 shares of the stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $458.68, for a total transaction of $57,335.00. Following the sale, the director now owns 2,861 shares of the company’s stock, valued at $1,312,283.48. This represents a 4.19 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Paul Bigbee sold 100 shares of the stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $512.23, for a total value of $51,223.00. Following the sale, the chief accounting officer now directly owns 981 shares in the company, valued at approximately $502,497.63. This trade represents a 9.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,850 shares of company stock valued at $889,417. 1.60% of the stock is owned by insiders.

Institutional Investors Weigh In On Cavco Industries

Large investors have recently bought and sold shares of the company. Farther Finance Advisors LLC raised its position in shares of Cavco Industries by 390.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 103 shares of the construction company’s stock valued at $44,000 after buying an additional 82 shares in the last quarter. Avior Wealth Management LLC bought a new stake in Cavco Industries during the third quarter worth $64,000. Smartleaf Asset Management LLC lifted its position in shares of Cavco Industries by 387.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 161 shares of the construction company’s stock worth $72,000 after buying an additional 128 shares during the last quarter. Blue Trust Inc. raised its stake in Cavco Industries by 90.0% during the third quarter. Blue Trust Inc. now owns 190 shares of the construction company’s stock worth $81,000 after acquiring an additional 90 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of Cavco Industries by 30.2% during the 3rd quarter. GAMMA Investing LLC now owns 276 shares of the construction company’s stock valued at $118,000 after purchasing an additional 64 shares during the last quarter. 95.56% of the stock is currently owned by institutional investors and hedge funds.

About Cavco Industries

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.