Cavco Industries downgraded by Wedbush with a new price target
$CVCO
Homebuilding
Consumer Discretionary
Wedbush downgraded Cavco Industries from Outperform to Neutral and set a new price target of $480.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/3/2024 | $480.00 | Outperform → Neutral | Wedbush |
| 8/5/2022 | $315.00 → $385.00 | Neutral → Outperform | Wedbush |
| 2/7/2022 | $255.00 → $315.00 | Neutral | Wedbush |
| 8/9/2021 | $280.00 → $305.00 | Buy | Craig-Hallum |
PHOENIX, May 22, 2025 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) today announced financial results for the fourth quarter and fiscal year ended March 29, 2025. Quarterly Highlights Net revenue of $508 million up 21% from $420 million in the prior year quarter.Gross profit as a percentage of Net revenue was 22.8% with factory-built housing Gross profit as a percentage of Net revenue at 22.3%, down 80 basis points ("bps") and 10 bps, respectively, from last year's fourth quarter.Net income and Adjusted net income (non-GAAP)* were $36 million and $44 million, respectively. Net income per diluted share attributable to Cavco common stockholders was $4.47 and
PHOENIX, May 14, 2025 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) will release earnings for the fourth quarter and fiscal year ended March 29, 2025 on Thursday, May 22, 2025 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, May 23, 2025 at 10:00 a.m. Eastern Time. Date: May 23, 2025 Time: 10:00 a.m. ET Listen via Internet: https://investor.cavco.com/ Listen via Telephone: To participate in the call, please register here to receive the dial-in number and your unique PIN. If you are unable to participate during the live webcast, the call will be available for 60 days on https://investor.cavco.com
PHOENIX, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) ("we," "our," the "Company" or "Cavco") today announced financial results for the third fiscal quarter ended December 28, 2024. Quarterly Highlights Net revenue was $522 million, up $75 million or 16.8% compared to $447 million in the third quarter of the prior year, primarily on home sales volume growth.Home sales volume is up 21.6% and capacity utilization is up to approximately 75% from approximately 60% in the third quarter of the prior year.Factory-built housing Gross profit as a percentage of Net revenue was 23.6%, compared to 22.4% in the prior year period. Financial services Gross profit as a percenta
Wedbush downgraded Cavco Industries from Outperform to Neutral and set a new price target of $480.00
Wedbush upgraded Cavco Industries from Neutral to Outperform and set a new price target of $385.00 from $315.00 previously
Wedbush reiterated coverage of Cavco Indus with a rating of Neutral and set a new price target of $315.00 from $255.00 previously
SC 13G/A - CAVCO INDUSTRIES INC. (0000278166) (Subject)
SC 13G - CAVCO INDUSTRIES INC. (0000278166) (Subject)
SC 13G/A - CAVCO INDUSTRIES INC. (0000278166) (Subject)