Cavco Industries, Inc. (NASDAQ:CVCO – Free Report) – Equities researchers at Wedbush issued their Q1 2027 earnings per share estimates for shares of Cavco Industries in a research report issued to clients and investors on Monday, February 3rd. Wedbush analyst J. Mccanless anticipates that the construction company will post earnings per share of $6.42 for the quarter. Wedbush currently has a “Neutral” rating and a $550.00 target price on the stock. The consensus estimate for Cavco Industries’ current full-year earnings is $18.00 per share. Wedbush also issued estimates for Cavco Industries’ Q2 2027 earnings at $6.85 EPS, Q3 2027 earnings at $6.65 EPS and FY2027 earnings at $27.00 EPS.
Cavco Industries (NASDAQ:CVCO – Get Free Report) last announced its earnings results on Thursday, January 30th. The construction company reported $6.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.89 by $2.01. Cavco Industries had a return on equity of 16.25% and a net margin of 8.75%.
Check Out Our Latest Research Report on Cavco Industries
Cavco Industries Stock Performance
Shares of NASDAQ:CVCO opened at $519.31 on Tuesday. Cavco Industries has a 52-week low of $331.08 and a 52-week high of $544.08. The firm has a fifty day moving average of $473.70 and a 200 day moving average of $439.00. The firm has a market capitalization of $4.21 billion, a PE ratio of 25.56 and a beta of 1.35.
Insider Buying and Selling
In related news, Director Julia Sze sold 125 shares of Cavco Industries stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $458.68, for a total transaction of $57,335.00. Following the sale, the director now directly owns 2,861 shares in the company, valued at $1,312,283.48. The trade was a 4.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Susan L. Blount sold 750 shares of the business’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $485.56, for a total value of $364,170.00. Following the sale, the director now owns 2,086 shares in the company, valued at approximately $1,012,878.16. The trade was a 26.45 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,850 shares of company stock worth $889,417. Insiders own 1.60% of the company’s stock.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the company. Fisher Asset Management LLC grew its holdings in shares of Cavco Industries by 8.5% during the third quarter. Fisher Asset Management LLC now owns 71,487 shares of the construction company’s stock worth $30,614,000 after purchasing an additional 5,620 shares during the last quarter. Blue Trust Inc. grew its holdings in shares of 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 purchasing an additional 90 shares during the last quarter. Cerity Partners LLC boosted its holdings in Cavco Industries by 91.8% in the third quarter. Cerity Partners LLC now owns 46,915 shares of the construction company’s stock valued at $20,091,000 after acquiring an additional 22,451 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in Cavco Industries by 390.5% in the third quarter. Farther Finance Advisors LLC now owns 103 shares of the construction company’s stock valued at $44,000 after acquiring an additional 82 shares during the last quarter. Finally, Barclays PLC boosted its holdings in Cavco Industries by 162.0% in the third quarter. Barclays PLC now owns 17,234 shares of the construction company’s stock valued at $7,381,000 after acquiring an additional 10,656 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.
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