Cavco Industries, Inc. (CVCO)
NASDAQ: CVCO · IEX Real-Time Price · USD
391.30
-1.89 (-0.48%)
At close: Jul 19, 2024, 4:00 PM
391.20
-0.10 (-0.03%)
Pre-market: Jul 20, 2024, 9:28 AM EDT
Cavco Industries Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Cavco Industries stock has a target of 425, which predicts an increase of 8.61% from the current stock price of 391.30.
Analyst Consensus: Buy
* Price targets were last updated on May 24, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for CVCO is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Buy Reiterates $425 | Buy | Reiterates | $425 | +8.61% | May 24, 2024 |
| Wedbush | Wedbush | Buy Maintains $380 → $425 | Buy | Maintains | $380 → $425 | +8.61% | May 20, 2024 |
| Wedbush | Wedbush | Buy Maintains $390 → $380 | Buy | Maintains | $390 → $380 | -2.89% | Nov 7, 2023 |
| Wedbush | Wedbush | Buy Reiterates $390 | Buy | Reiterates | $390 | -0.33% | Nov 3, 2023 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $357 → $338 | Strong Buy | Maintains | $357 → $338 | -13.62% | May 22, 2023 |
Financial Forecast
Revenue This Year
1.93B
from 1.79B
Increased by 7.48%
Revenue Next Year
2.07B
from 1.93B
Increased by 7.52%
EPS This Year
20.44
from 18.37
Increased by 11.29%
EPS Next Year
23.26
from 20.44
Increased by 13.76%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 2.0B | 2.2B |
| Avg | 1.9B | 2.1B |
| Low | 1.8B | 2.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 13.3% | 11.8% |
| Avg | 7.5% | 7.5% |
| Low | 1.6% | 1.6% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 21.38 | 25.20 |
| Avg | 20.44 | 23.26 |
| Low | 19.37 | 20.55 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 16.4% | 23.3% |
| Avg | 11.3% | 13.8% |
| Low | 5.5% | 0.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.