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Cavco Industries, Inc. (CVCO)

Stock Price: $182.38 USD 3.44 (1.92%)
Updated Oct 20, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 1.67B
Revenue (ttm) 1.05B
Net Income (ttm) 70.46M
Shares Out 9.18M
EPS (ttm) 7.59
PE Ratio 24.03
Forward PE n/a
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Oct 20, 2020
Last Price $182.38
Previous Close $178.94
Change ($) 3.44
Change (%) 1.92%
Day's Open 180.89
Day's Range 178.23 - 185.00
Day's Volume 41,766
52-Week Range 99.58 - 236.10

More Stats

Market Cap 1.67B
Enterprise Value 1.38B
Earnings Date (est) Nov 10, 2020
Ex-Dividend Date n/a
Shares Outstanding 9.18M
Float 8.61M
EPS (basic) 7.71
EPS (diluted) 7.59
FCF / Share 12.32
Dividend n/a
Dividend Yield n/a
Earnings Yield 4.16%
FCF Yield 6.75%
Payout Ratio n/a
Shares Short 127,931
Short Ratio 2.39
Short % of Float 1.49%
Beta 1.54
PE Ratio 24.03
Forward PE n/a
P/FCF Ratio 14.82
PS Ratio 1.59
PB Ratio 2.64
Revenue 1.05B
Operating Income 79.87M
Net Income 70.46M
Free Cash Flow 113.00M
Net Cash 291.38M
Net Cash / Share 31.74
Gross Margin 20.01%
Operating Margin 7.59%
Profit Margin 6.70%
FCF Margin 10.74%
ROA 6.13%
ROE 12.00%
ROIC 27.50%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (3)

Buy 2
Overweight 0
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$216.00*
(18.43% upside)
Low
195
Current: $182.38
High
235
Target: 216.00
*Average 12-month price target from 3 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172017201620142013201220112010
Revenue1,062963871774712567533452443172
Revenue Growth10.29%10.5%12.59%8.63%25.71%6.25%17.92%2.08%157.86%-
Gross Profit23120618115814412611910095.9524.28
Operating Income84.9184.1473.7756.8146.3438.4831.5521.0416.152.93
Net Income75.0768.6261.5037.9628.5423.8216.244.9615.242.83
Shares Outstanding9.139.089.028.988.898.858.266.966.886.64
Earnings Per Share8.107.406.684.173.152.641.940.712.190.41
EPS Growth9.46%10.78%60.19%32.38%19.32%36.08%173.24%-67.58%434.15%-
Operating Cash Flow10232.8458.9745.7943.5425.7046.7620.7216.433.14
Capital Expenditures-7.80-7.51-7.91-5.15-3.433.83-2.201.042.890.06
Free Cash Flow93.9425.3351.0540.6440.1229.5244.5521.7619.323.20
Cash & Equivalents28622821716412311792.5866.6955.24117
Total Debt25.7034.1459.8157.9961.1766.9670.0582.2996.0336.00
Net Cash / Debt26019415710661.5950.1522.53-15.60-40.7981.01
Assets810725675607554503469444437270
Liabilities203196218213201182179268269119
Book Value608530457394353320290177168151
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Cavco Industries, Inc.
Country United States
Employees 5,000
CEO William C. Boor

Stock Information

Ticker Symbol CVCO
Stock Exchange NASDAQ
Sector Consumer Cyclical
Industry Residential Construction
Unique Identifier NASDAQ: CVCO

Description

Cavco Industries designs, produces, and retails manufactured homes primarily in the United States. It operates in two segments, Factory-Built Housing and Financial Services. The company markets its manufactured homes under the Cavco, Fleetwood, Palm Harbor, Fairmont, Friendship, Chariot Eagle, and Destiny brands. It also builds park model RVs; vacation cabins; and systems-built commercial structures, including apartment buildings, condominiums, hotels, workforce housing, schools, and housing for the United States military troops. In addition, the company produces various modular homes, such as single and multi-module ranch, split-level, and Cape Cod style homes, as well as two and three story homes and multi-family units primarily under the Nationwide Homes brand. Further, it provides conforming mortgages, non-conforming mortgages, and home-only loans to purchasers of various brands of factory-built homes sold by company-owned retail sales centers, as well as various independent distributors, builders, communities, and developers. Additionally, the company offers property and casualty insurance to owners of manufactured homes. As of March 28, 2020, it operated 39 retail centers in Oregon, Arizona, New Mexico, Texas, Oklahoma, and Florida, Texas. The company also distributes its homes through a network of independent distribution points in 42 states and Canada; and through planned community operators and residential developers. Cavco Industries, Inc. was founded in 1965 and is headquartered in Phoenix, Arizona.