Cavco Industries Stock Buy Hold or Sell Recommendation
| CVCO Stock | USD 358.20 9.32 2.67% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Cavco Industries is 'Hold'. Macroaxis provides Cavco Industries buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CVCO positions. The advice algorithm takes into account all of Cavco Industries' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Cavco Industries' buy or sell advice are summarized below:
Real Value 363.8 | Target Price 374.67 | Hype Value 348.29 | Market Value 358.2 | Naive Value 332.9 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Cavco Industries given historical horizon and risk tolerance towards Cavco Industries. When Macroaxis issues a 'buy' or 'sell' recommendation for Cavco Industries, the advice is generated through an automated system that utilizes algorithms and statistical models.
Cavco |
Execute Cavco Industries Buy or Sell Advice
The Cavco recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Cavco Industries. Macroaxis does not own or have any residual interests in Cavco Industries or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Cavco Industries' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Cavco Industries Trading Alerts and Improvement Suggestions
| Over 98.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Is Cavco Industries, Inc.s Latest Stock Performance A Reflection Of Its Financial Health |
Cavco Industries Returns Distribution Density
The distribution of Cavco Industries' historical returns is an attempt to chart the uncertainty of Cavco Industries' future price movements. The chart of the probability distribution of Cavco Industries daily returns describes the distribution of returns around its average expected value. We use Cavco Industries price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Cavco Industries returns is essential to provide solid investment advice for Cavco Industries.
| Mean Return | 0.19 | Value At Risk | -3.77 | Potential Upside | 3.09 | Standard Deviation | 2.19 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Cavco Industries historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Cavco Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Cavco Industries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cavco Industries backward and forwards among themselves. Cavco Industries' institutional investor refers to the entity that pools money to purchase Cavco Industries' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Amvescap Plc. | 2023-12-31 | 172.1 K | Pacer Advisors, Inc. | 2023-12-31 | 169.6 K | Gamco Investors, Inc. Et Al | 2023-12-31 | 165.5 K | Schroder Investment Management Group | 2023-12-31 | 130.5 K | T. Rowe Price Associates, Inc. | 2023-12-31 | 111.1 K | Bank Of New York Mellon Corp | 2023-12-31 | 110.5 K | Charles Schwab Investment Management Inc | 2023-12-31 | 98 K | Northern Trust Corp | 2023-12-31 | 93.9 K | Handelsbanken Fonder Ab | 2023-12-31 | 92.6 K | Blackrock Inc | 2023-12-31 | 1.3 M | Vanguard Group Inc | 2023-12-31 | 795.8 K |
Cavco Industries Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 8.3M | (17.7M) | (73.8M) | 38.9M | 35.0M | 36.7M | |
| Free Cash Flow | 87.4M | 88.5M | 125.6M | 211.6M | 243.3M | 255.5M | |
| Depreciation | 5.8M | 6.3M | 11.0M | 16.9M | 19.4M | 20.4M | |
| Other Non Cash Items | (1.3M) | (6.8M) | 16.9M | 7.8M | 7.0M | 7.3M | |
| Capital Expenditures | 14.3M | 25.5M | 18.7M | 44.1M | 50.7M | 53.3M | |
| Net Income | 75.1M | 76.6M | 197.7M | 240.8M | 277.0M | 290.8M | |
| End Period Cash Flow | 255.6M | 339.3M | 259.3M | 283.5M | 326.0M | 342.3M | |
| Change In Cash | 55.7M | 83.7M | (80.0M) | 24.2M | 27.8M | 29.2M | |
| Investments | (1.5M) | 1.9M | (349K) | 18.6M | 21.4M | 22.5M | |
| Change Receivables | (149.3M) | (149.8M) | (150.2M) | (158.8M) | (142.9M) | (150.0M) | |
| Net Borrowings | (19.7M) | (2.7M) | (9.3M) | (641K) | (737.2K) | (774.0K) | |
| Change To Netincome | (10.3M) | (21.7M) | (17.2M) | (875K) | (1.0M) | (1.1M) |
Cavco Industries Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Cavco Industries or Household Durables sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Cavco Industries' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Cavco stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.06 | |
β | Beta against NYSE Composite | 2.16 | |
σ | Overall volatility | 2.10 | |
Ir | Information ratio | 0.06 |
Cavco Industries Volatility Alert
Cavco Industries currently demonstrates below-average downside deviation. It has Information Ratio of 0.06 and Jensen Alpha of 0.06. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Cavco Industries' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Cavco Industries' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Cavco Industries Fundamentals Vs Peers
Comparing Cavco Industries' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Cavco Industries' direct or indirect competition across all of the common fundamentals between Cavco Industries and the related equities. This way, we can detect undervalued stocks with similar characteristics as Cavco Industries or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Cavco Industries' fundamental indicators could also be used in its relative valuation, which is a method of valuing Cavco Industries by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Cavco Industries to competition |
| Fundamentals | Cavco Industries | Peer Average |
| Return On Equity | 0.17 | -0.31 |
| Return On Asset | 0.0936 | -0.14 |
| Profit Margin | 0.09 % | (1.27) % |
| Operating Margin | 0.09 % | (5.51) % |
| Current Valuation | 2.66 B | 16.62 B |
| Shares Outstanding | 8.35 M | 571.82 M |
| Shares Owned By Insiders | 5.27 % | 10.09 % |
| Shares Owned By Institutions | 98.07 % | 39.21 % |
| Number Of Shares Shorted | 191.11 K | 4.71 M |
| Price To Earning | 32.18 X | 28.72 X |
| Price To Book | 3.11 X | 9.51 X |
| Price To Sales | 1.70 X | 11.42 X |
| Revenue | 2.14 B | 9.43 B |
| Gross Profit | 388.07 M | 27.38 B |
| EBITDA | 307.67 M | 3.9 B |
| Net Income | 240.84 M | 570.98 M |
| Cash And Equivalents | 253.94 M | 2.7 B |
| Cash Per Share | 28.55 X | 5.01 X |
| Total Debt | 21.68 M | 5.32 B |
| Debt To Equity | 0.03 % | 48.70 % |
| Current Ratio | 2.45 X | 2.16 X |
| Book Value Per Share | 120.86 X | 1.93 K |
| Cash Flow From Operations | 255.69 M | 971.22 M |
| Short Ratio | 2.94 X | 4.00 X |
| Earnings Per Share | 19.74 X | 3.12 X |
| Price To Earnings To Growth | 2.24 X | 4.89 X |
| Target Price | 392.33 | |
| Number Of Employees | 7 K | 18.84 K |
| Beta | 1.15 | -0.15 |
| Market Capitalization | 2.98 B | 19.03 B |
| Total Asset | 1.31 B | 29.47 B |
| Retained Earnings | 869.31 M | 9.33 B |
| Working Capital | 511.19 M | 1.48 B |
Note: Acquisition by Seth Schuknecht of tradable shares of Cavco Industries subject to Rule 16b-3 [view details]
Cavco Industries Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Cavco . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 2416.53 | |||
| Daily Balance Of Power | 0.7596 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 353.77 | |||
| Day Typical Price | 355.24 | |||
| Market Facilitation Index | 2.0E-4 | |||
| Price Action Indicator | 9.09 | |||
| Period Momentum Indicator | 9.32 |
About Cavco Industries Buy or Sell Advice
When is the right time to buy or sell Cavco Industries? Buying financial instruments such as Cavco Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 24.8M | 21.7M | 24.9M | 42.6M | Total Assets | 1.2B | 1.3B | 1.5B | 1.6B |
Use Investing Ideas to Build Portfolios
In addition to having Cavco Industries in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Cavco Industries Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Cavco Stock, please use our How to Invest in Cavco Industries guide.Note that the Cavco Industries information on this page should be used as a complementary analysis to other Cavco Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for Cavco Stock analysis
When running Cavco Industries' price analysis, check to measure Cavco Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cavco Industries is operating at the current time. Most of Cavco Industries' value examination focuses on studying past and present price action to predict the probability of Cavco Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cavco Industries' price. Additionally, you may evaluate how the addition of Cavco Industries to your portfolios can decrease your overall portfolio volatility.
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Is Cavco Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cavco Industries. If investors know Cavco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cavco Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.36) | Earnings Share 19.74 | Revenue Per Share 215.435 | Quarterly Revenue Growth (0.11) | Return On Assets 0.0936 |
The market value of Cavco Industries is measured differently than its book value, which is the value of Cavco that is recorded on the company's balance sheet. Investors also form their own opinion of Cavco Industries' value that differs from its market value or its book value, called intrinsic value, which is Cavco Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cavco Industries' market value can be influenced by many factors that don't directly affect Cavco Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cavco Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cavco Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cavco Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.