Cavco Industries (CVCO, Financial) experienced a stock price drop of 2.31%, trading at $499.92 with a volume of 30,794 shares and a turnover rate of 0.38%. The company's recent financial report shows revenue of $507 million, a net profit of $43.82 million, and earnings per share of $5.33. The price-to-earnings ratio stands at 28.31. Among analysts, 50% recommend buying, 25% suggest holding, and 25% advise selling the stock.
The residential building sector, where Cavco operates, saw an overall decline of 1.57%. Notable performers include Springview Holdings, Hovnanian Enterprises, and LGI Homes. Cavco specializes in manufacturing factory-built homes under various brands and operates mainly in factory-built housing and financial services.
