Wedbush Reiterates Outperform on Cavco Indus, Maintains $425 Price Target
$CVCO
Homebuilding
Consumer Discretionary
Wedbush analyst Jay McCanless reiterates Cavco Indus (NASDAQ:CVCO) with a Outperform and maintains $425 price target.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
SC 13G/A - CAVCO INDUSTRIES INC. (0000278166) (Subject)
SC 13G - CAVCO INDUSTRIES INC. (0000278166) (Subject)
SC 13G/A - CAVCO INDUSTRIES INC. (0000278166) (Subject)
8-K - CAVCO INDUSTRIES INC. (0000278166) (Filer)
10-Q - CAVCO INDUSTRIES INC. (0000278166) (Filer)
8-K - CAVCO INDUSTRIES INC. (0000278166) (Filer)
Enpro Inc. (NYSE:NPO), a leading industrial technology company, appointed Allison K. Aden to its Board of Directors effective today. Aden is a 30-year finance veteran with deep expertise in accounting, financial reporting, corporate strategy, mergers and acquisitions, IT and cybersecurity, and experience across various sectors including manufacturing, information technology, financial services and commercial real estate development. She currently serves as the Executive Vice President and Chief Financial Officer of Cavco Industries, Inc. (NASDAQ:CVCO), a leading producer of factory-built housing. At Cavco, she leads its M&A efforts, and is responsible for Cavco's financial reporting, accou
PHOENIX, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) ("we," "our," the "Company" or "Cavco") today announced financial results for the second fiscal quarter ended September 28, 2024. Quarterly Highlights Net revenue was $507 million, up $55 million or 12.3% compared to $452 million in the second quarter of the prior year, primarily on home sales volume growth.Home sales volume is up 15.7% and capacity utilization is up to approximately 70% from approximately 60% in the second quarter of the prior year.Factory-built housing Gross profit as a percentage of Net revenue was 22.9%, compared to 23.2% in the prior year period. Financial services Gross profit as a
PHOENIX, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) will release earnings for the second quarter ended September 28, 2024 on Thursday, October 31, 2024 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, November 1, 2024 at 1:00 p.m. Eastern Time. Date: November 1, 2024 Time: 1:00 p.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 90 days on https://inv
4 - CAVCO INDUSTRIES INC. (0000278166) (Issuer)
4 - CAVCO INDUSTRIES INC. (0000278166) (Issuer)
4 - CAVCO INDUSTRIES INC. (0000278166) (Issuer)
Enpro Inc. (NYSE:NPO), a leading industrial technology company, appointed Allison K. Aden to its Board of Directors effective today. Aden is a 30-year finance veteran with deep expertise in accounting, financial reporting, corporate strategy, mergers and acquisitions, IT and cybersecurity, and experience across various sectors including manufacturing, information technology, financial services and commercial real estate development. She currently serves as the Executive Vice President and Chief Financial Officer of Cavco Industries, Inc. (NASDAQ:CVCO), a leading producer of factory-built housing. At Cavco, she leads its M&A efforts, and is responsible for Cavco's financial reporting, accou
Skilled Leader Brings Over 25 Years of Senior Executive Experience in Capital Markets and Investment Management With Ms. Sze's Appointment, the Turtle Beach Board Has Replaced the Majority of Its Board Members in the Last Seven Months, In Furtherance of its May 2022 Cooperation Agreement with The Donerail Group LP Leading gaming accessory maker Turtle Beach Corporation (NASDAQ:HEAR) ("Turtle Beach" or the "Company"), today announced the appointment of Julia Sze to the Company's Board of Directors. Ms. Sze is a Chartered Financial Analyst with over 25 years of senior executive experience in capital markets and investment management. She currently serves as an impact investor, working with
PHOENIX, May 03, 2021 (GLOBE NEWSWIRE) -- Cavco Industries (NASDAQ:CVCO) ("Cavco" or the "Company") announces that after a career of more than 50 years as a respected leader in the manufactured home industry, Charley Lott has decided to retire from Cavco's subsidiary Fleetwood Homes, Inc. and as head of the Company's manufactured housing organization effective July 9, 2021. Charley Lott began his career with Fleetwood Enterprises at their plant in Douglas, Georgia, in 1970. Ten years later, Charley joined Flintstone Industries, a small, private manufacturer, where, as President, he led the company to increase revenues tenfold and was instrumental in taking the company public. In 1987, C
PHOENIX, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) ("we," "our," the "Company" or "Cavco") today announced financial results for the second fiscal quarter ended September 28, 2024. Quarterly Highlights Net revenue was $507 million, up $55 million or 12.3% compared to $452 million in the second quarter of the prior year, primarily on home sales volume growth.Home sales volume is up 15.7% and capacity utilization is up to approximately 70% from approximately 60% in the second quarter of the prior year.Factory-built housing Gross profit as a percentage of Net revenue was 22.9%, compared to 23.2% in the prior year period. Financial services Gross profit as a
PHOENIX, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) will release earnings for the second quarter ended September 28, 2024 on Thursday, October 31, 2024 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, November 1, 2024 at 1:00 p.m. Eastern Time. Date: November 1, 2024 Time: 1:00 p.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 90 days on https://inv
PHOENIX, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ:CVCO) ("we," "our," the "Company" or "Cavco") today announced financial results for the first fiscal quarter ended June 29, 2024. Quarterly Highlights Net revenue was $478 million, up $2 million or 0.4% compared to $476 million in the first quarter of the prior year, primarily on home sales volume growth.Sequentially, home sales volume is up 20% and capacity utilization is up to approximately 65% from approximately 60%.Factory-built housing Gross profit as a percentage of Net revenue was 22.6%, compared to 24.8% in the prior year. Financial services Gross loss as a percentage of Net revenue was
Wedbush analyst Jay McCanless reiterates Cavco Indus (NASDAQ:CVCO) with a Outperform and maintains $425 price target.
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
Craig-Hallum reiterated coverage of Cavco Indus with a rating of Buy and set a new price target of $305.00 from $280.00 previously