For its second fiscal quarter (ending September 30), Cavco Industries Inc (NASDAQ: CVCO) has reported a 11% increase in E.P.S. from $4.80 a year ago to $5.33 in the current quarter. E.P.S. were $17.86 for the latest four quarters through September 30 versus $22.31 for the same period a year ago — a decline of -20%.
Recent Price Action
Cavco Industries Inc (NASDAQ: CVCO) stock declined modestly by -1.0% on 10/31/24. The stock closed at $409.80. Trading volume in this decline was normal. The stock has been strong relative to the market over the last nine months but is unchanged 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 C (Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Cavco Industries has a neutral Appreciation Score of 40 and a slightly positive Power Rating of 67, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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