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

Cavco Industries (NASDAQ:CVCO - Get Free Report)'s stock had its "neutral" rating reaffirmed by equities researchers at Wedbush in a research note issued to investors on Monday,RTT News reports. They currently have a $550.00 target price on the construction company's stock, up from their previous target price of $480.00. Wedbush's price objective suggests a potential upside of 2.38% from the company's previous close. 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.

Several other research analysts have also weighed in on the stock. StockNews.com lowered shares of Cavco Industries from a "buy" rating to a "hold" rating in a research note on Friday, December 20th. Craig Hallum increased their price objective on Cavco Industries from $422.00 to $495.00 and gave the stock a "buy" rating in a report on Monday, November 4th.

Cavco Industries Stock Up 0.6 %

NASDAQ CVCO traded up $3.38 on Monday, reaching $537.22. 62,107 shares of the stock traded hands, compared to its average volume of 62,363. Cavco Industries has a 12 month low of $331.08 and a 12 month high of $544.08. The firm's fifty day simple moving average is $473.68 and its 200 day simple moving average is $441.41. The company has a market cap of $4.36 billion, a price-to-earnings ratio of 26.44 and a beta of 1.35.

Cavco Industries (NASDAQ:CVCO - Get Free Report) last issued its quarterly earnings results on Thursday, January 30th. The construction company reported $6.90 earnings per share for the quarter, topping analysts' consensus estimates of $4.89 by $2.01. Cavco Industries had a return on equity of 16.25% and a net margin of 8.75%. As a group, equities research analysts forecast that Cavco Industries will post 18 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Julia Sze sold 125 shares of the business's stock in a transaction on Friday, November 8th. The shares were sold at an average price of $458.68, for a total transaction of $57,335.00. Following the transaction, the director now owns 2,861 shares of the company's stock, valued at approximately $1,312,283.48. The trade was a 4.19 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Matthew A. Nino sold 894 shares of the stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $529.03, for a total transaction of $472,952.82. Following the completion of the sale, the insider now directly owns 771 shares of the company's stock, valued at approximately $407,882.13. This trade represents a 53.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 4,744 shares of company stock valued at $2,376,730 over the last ninety days. Corporate insiders own 1.60% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Farther Finance Advisors LLC raised its stake in Cavco Industries by 390.5% during the third quarter. Farther Finance Advisors LLC now owns 103 shares of the construction company's stock worth $44,000 after acquiring an additional 82 shares in the last quarter. Avior Wealth Management LLC bought a new position in Cavco Industries in the 3rd quarter valued at $64,000. Smartleaf Asset Management LLC boosted its stake in Cavco Industries by 387.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 161 shares of the construction company's stock worth $72,000 after purchasing an additional 128 shares in 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. Finally, GAMMA Investing LLC increased its stake in shares of Cavco Industries by 30.2% in the third quarter. GAMMA Investing LLC now owns 276 shares of the construction company's stock valued at $118,000 after buying an additional 64 shares in the last quarter. Institutional investors and hedge funds own 95.56% of the company's stock.

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.