Research Analysts Issue Forecasts for CVCO Q1 Earnings

Cavco Industries, Inc. (NASDAQ:CVCO - Free Report) - Wedbush issued their Q1 2027 earnings per share (EPS) estimates for shares of Cavco Industries in a note issued to investors on Monday, February 3rd. Wedbush analyst J. Mccanless anticipates that the construction company will post earnings of $6.42 per share 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.

A number of other equities analysts also recently weighed in on the stock. Craig Hallum boosted their target price on shares of Cavco Industries from $422.00 to $495.00 and gave the stock a "buy" rating in a research note on Monday, November 4th. StockNews.com raised Cavco Industries from a "hold" rating to a "buy" rating in a report on Monday.

Cavco Industries Trading Up 0.6 %

NASDAQ CVCO traded up $3.38 on Tuesday, hitting $537.22. 62,107 shares of the company were exchanged, compared to its average volume of 62,363. Cavco Industries has a 1-year low of $331.08 and a 1-year high of $544.08. The firm has a 50 day moving average of $473.68 and a two-hundred day moving average of $441.41. The company has a market cap of $4.36 billion, a P/E ratio of 26.44 and a beta of 1.35.

Cavco Industries (NASDAQ:CVCO - Get Free Report) last posted its quarterly earnings data on Thursday, January 30th. The construction company reported $6.90 EPS 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%.

Institutional Trading of Cavco Industries

A number of institutional investors and hedge funds have recently modified their holdings of CVCO. Fisher Asset Management LLC boosted its stake in Cavco Industries by 8.5% during the 3rd quarter. Fisher Asset Management LLC now owns 71,487 shares of the construction company's stock worth $30,614,000 after acquiring an additional 5,620 shares during the last quarter. Blue Trust Inc. boosted its position 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 in the last quarter. Cerity Partners LLC grew its holdings in shares of Cavco Industries by 91.8% in the 3rd quarter. Cerity Partners LLC now owns 46,915 shares of the construction company's stock valued at $20,091,000 after buying an additional 22,451 shares during the period. Farther Finance Advisors LLC increased 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. Finally, Barclays PLC raised its stake in Cavco Industries by 162.0% during the 3rd quarter. Barclays PLC now owns 17,234 shares of the construction company's stock worth $7,381,000 after buying an additional 10,656 shares during the period. 95.56% of the stock is owned by institutional investors.

Insider Buying and Selling at Cavco Industries

In related news, Director Susan L. Blount sold 2,000 shares of the company's stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $507.18, for a total value of $1,014,360.00. Following the completion of the sale, the director now owns 2,836 shares in the company, valued at approximately $1,438,362.48. This represents a 41.36 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Matthew A. Nino sold 894 shares of the stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $529.03, for a total value of $472,952.82. Following the completion of the transaction, the insider now directly owns 771 shares in the company, valued at $407,882.13. The trade was a 53.69 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 4,744 shares of company stock worth $2,376,730. Company insiders own 1.60% of the company's stock.

Cavco Industries Company Profile

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.