Cavco Industries Inc (NASDAQ: CVCO) has reported E.P.S. of $4.07 for its fourth fiscal quarter (ending March 31) versus $5.45 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $18.55 versus $27.20 for the same period a year ago.
Recent Price Action
On 5/23/24, Cavco Industries Inc (NASDAQ: CVCO) stock rose slightly by 0.2%, closing at $354.47. Moreover, trading volume in this advance was unusually high at 166% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -9.4% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, CVCO is expected to continue to be a Value Builder.
Cavco Industries has a current Value Trend Rating of A (Highest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Cavco Industries has a neutral Appreciation Score of 54 but a very high Power Rating of 92, triggering the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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