Cavco Industries (CVCO) Stock Forecast, Price Target & Predictions
CVCO Stock Forecast
Cavco Industries stock forecast is as follows: an average price target of $475.00 (represents a 1.89% upside from CVCO’s last price of $466.18) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
CVCO Price Target
The average price target for Cavco Industries (CVCO) is $475.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $495.00 to $455.00. This represents a potential 1.89% upside from CVCO's last price of $466.18.
CVCO Analyst Ratings
According to 2 Wall Street analysts, Cavco Industries's rating consensus is 'Buy'. The analyst rating breakdown for CVCO stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Cavco Industries Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 04, 2024 | Greg Palm | Craig-Hallum | $495.00 | $444.21 | 11.43% | 6.18% |
| Oct 11, 2024 | Jay McCanless | Wedbush | $455.00 | $417.91 | 8.88% | -2.40% |
| Aug 05, 2024 | Greg Palm | Craig-Hallum | $422.00 | $374.60 | 12.65% | -9.48% |
| Nov 07, 2023 | Jay McCanless | Wedbush | $380.00 | $261.82 | 45.14% | -18.49% |
| Feb 06, 2023 | - | Wedbush | $410.00 | $272.65 | 50.37% | -12.05% |
| May 31, 2022 | - | Craig-Hallum | $322.00 | $226.35 | 42.25% | -30.93% |
| Feb 07, 2022 | Jay McCanless | Wedbush | $315.00 | $292.40 | 7.73% | -32.43% |
The latest Cavco Industries stock forecast, released on Nov 04, 2024 by Greg Palm from Craig-Hallum, set a price target of $495.00, which represents a 11.43% increase from the stock price at the time of the forecast ($444.21), and a 6.18% increase from CVCO last price ($466.18).
Cavco Industries Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 3 |
| Avg Price Target | $495.00 | $475.00 | $457.33 |
| Last Closing Price | $466.18 | $466.18 | $466.18 |
| Upside/Downside | 6.18% | 1.89% | -1.90% |
In the current month, the average price target of Cavco Industries stock is $495.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 6.18% increase as opposed to Cavco Industries's last price of $466.18. This month's average price target is up 4.21% compared to last quarter, and up 8.24% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 11, 2024 | Wedbush | Outperform | Outperform | Hold |
| Aug 05, 2024 | Craig-Hallum | Buy | Buy | Hold |
| Nov 07, 2023 | Wedbush | Outperform | Outperform | Hold |
| Feb 06, 2023 | Wedbush | Outperform | Outperform | Hold |
| Aug 05, 2022 | Wedbush | - | Outperform | Upgrade |
| May 31, 2022 | Craig-Hallum | Buy | Buy | Hold |
Cavco Industries's last stock rating was published by Wedbush on Oct 11, 2024. The company gave CVCO a "Outperform" rating, the same as its previous rate.
Cavco Industries Financial Forecast
Cavco Industries Revenue Forecast
| Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $446.77M | - | $475.88M | $476.38M | $500.60M | $577.39M | $588.34M | $505.48M | - | $359.54M | $330.42M | $306.50M | $288.77M | $257.98M | $254.80M | $255.34M | $273.72M | $268.68M | $264.04M | $241.11M | $242.53M |
| Avg Forecast | $511.65M | $495.59M | $532.23M | $514.56M | $485.77M | $480.17M | $479.80M | $462.32M | $463.48M | $425.93M | $467.66M | $501.07M | $490.05M | $513.51M | $554.78M | $467.38M | $435.50M | $403.78M | $328.58M | $300.99M | $293.79M | $271.20M | $249.69M | $212.70M | $244.78M | $262.34M | $267.37M | $256.38M | $226.96M | $153.58M |
| High Forecast | $519.54M | $503.24M | $540.44M | $522.50M | $493.26M | $487.57M | $481.54M | $462.32M | $470.63M | $432.50M | $480.39M | $508.80M | $497.61M | $521.43M | $554.78M | $467.38M | $435.50M | $403.78M | $328.58M | $300.99M | $293.79M | $271.20M | $249.69M | $212.70M | $244.78M | $262.34M | $267.37M | $256.38M | $226.96M | $184.30M |
| Low Forecast | $500.41M | $484.71M | $520.54M | $503.26M | $475.10M | $469.62M | $478.06M | $462.32M | $453.30M | $416.58M | $454.92M | $490.07M | $479.30M | $502.23M | $554.78M | $467.38M | $435.50M | $403.78M | $328.58M | $300.99M | $293.79M | $271.20M | $249.69M | $212.70M | $244.78M | $262.34M | $267.37M | $256.38M | $226.96M | $122.87M |
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 6 | 6 | 5 | 5 | 5 | 5 | 13 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.05% | - | 0.95% | 0.97% | 0.97% | 1.04% | 1.26% | 1.16% | - | 1.09% | 1.10% | 1.04% | 1.06% | 1.03% | 1.20% | 1.04% | 1.04% | 1.00% | 1.03% | 1.06% | 1.58% |
Cavco Industries's average Quarter revenue forecast for Mar 24 based on 1 analysts is $463.48M, with a low forecast of $453.30M, and a high forecast of $470.63M. CVCO's average Quarter revenue forecast represents a 3.74% increase compared to the company's last Quarter revenue of $446.77M (Dec 23).
Cavco Industries EBITDA Forecast
| Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 6 | 6 | 5 | 5 | 5 | 5 | 13 |
| EBITDA | - | - | - | - | - | - | - | - | - | $39.74M | - | $56.20M | $58.86M | $76.30M | $93.04M | $79.47M | $68.68M | - | $50.84M | $37.22M | $31.51M | $21.42M | $12.27M | $23.49M | $15.42M | $26.78M | $28.96M | $29.09M | $27.60M | $32.85M |
| Avg Forecast | $57.45M | $55.65M | $59.76M | $57.78M | $54.55M | $53.92M | $53.88M | $51.91M | $66.99M | $47.83M | $52.51M | $56.27M | $60.90M | $36.89M | $62.30M | $52.48M | $55.37M | $45.34M | $36.90M | $33.80M | $20.40M | $30.45M | $28.04M | $23.88M | $18.01M | $29.46M | $30.02M | $28.79M | $15.60M | $15.21M |
| High Forecast | $58.34M | $56.51M | $60.69M | $58.67M | $55.39M | $54.75M | $54.07M | $51.91M | $80.39M | $48.57M | $53.94M | $57.13M | $73.08M | $44.26M | $62.30M | $52.48M | $66.44M | $45.34M | $36.90M | $33.80M | $24.48M | $30.45M | $28.04M | $23.88M | $21.61M | $29.46M | $30.02M | $28.79M | $18.72M | $18.26M |
| Low Forecast | $56.19M | $54.43M | $58.45M | $56.51M | $53.35M | $52.73M | $53.68M | $51.91M | $53.59M | $46.78M | $51.08M | $55.03M | $48.72M | $29.51M | $62.30M | $52.48M | $44.29M | $45.34M | $36.90M | $33.80M | $16.32M | $30.45M | $28.04M | $23.88M | $14.41M | $29.46M | $30.02M | $28.79M | $12.48M | $12.17M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.83% | - | 1.00% | 0.97% | 2.07% | 1.49% | 1.51% | 1.24% | - | 1.38% | 1.10% | 1.54% | 0.70% | 0.44% | 0.98% | 0.86% | 0.91% | 0.96% | 1.01% | 1.77% | 2.16% |
1 analysts predict CVCO's average Quarter EBITDA for Mar 24 to be $66.99M, with a high of $80.39M and a low of $53.59M. This is 68.58% upper than Cavco Industries's previous annual EBITDA (Dec 23) of $39.74M.
Cavco Industries Net Income Forecast
| Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 6 | 6 | 5 | 5 | 5 | 5 | 13 |
| Net Income | - | - | - | - | - | - | - | - | - | $35.99M | - | $46.36M | $47.31M | $59.52M | $74.12M | $59.60M | $53.62M | - | $37.68M | $27.05M | $25.22M | $19.70M | $15.05M | $16.67M | $12.00M | $20.90M | $20.89M | $21.28M | $19.97M | $22.14M |
| Avg Forecast | $47.51M | $48.06M | $51.63M | $47.23M | $42.61M | $40.59M | $39.56M | $39.06M | $51.27M | $35.46M | $43.77M | $48.36M | $46.61M | $44.57M | $49.20M | $42.92M | $42.37M | $29.11M | $22.77M | $17.64M | $16.33M | $14.48M | $13.09M | $8.23M | $14.01M | $16.83M | $17.46M | $16.28M | $11.28M | $10.25M |
| High Forecast | $48.46M | $49.02M | $52.67M | $48.18M | $43.46M | $41.40M | $39.56M | $39.06M | $61.53M | $36.18M | $44.10M | $49.33M | $55.93M | $53.48M | $49.20M | $42.92M | $50.85M | $29.11M | $22.77M | $17.64M | $19.59M | $14.48M | $13.09M | $8.23M | $16.82M | $16.83M | $17.46M | $16.28M | $13.54M | $12.31M |
| Low Forecast | $46.15M | $46.69M | $50.16M | $45.88M | $41.39M | $39.43M | $39.56M | $39.06M | $41.02M | $34.45M | $43.19M | $46.98M | $37.29M | $35.65M | $49.20M | $42.92M | $33.90M | $29.11M | $22.77M | $17.64M | $13.06M | $14.48M | $13.09M | $8.23M | $11.21M | $16.83M | $17.46M | $16.28M | $9.03M | $8.20M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.01% | - | 0.96% | 1.02% | 1.34% | 1.51% | 1.39% | 1.27% | - | 1.65% | 1.53% | 1.54% | 1.36% | 1.15% | 2.03% | 0.86% | 1.24% | 1.20% | 1.31% | 1.77% | 2.16% |
Cavco Industries's average Quarter net income forecast for Mar 24 is $51.27M, with a range of $41.02M to $61.53M. CVCO's average Quarter net income forecast represents a 42.47% increase compared to the company's last Quarter net income of $35.99M (Dec 23).
Cavco Industries SG&A Forecast
| Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 6 | 6 | 5 | 5 | 5 | 5 | 13 |
| SG&A | - | - | - | - | - | - | - | - | - | $63.31M | - | $61.68M | $66.39M | $58.90M | $66.89M | $66.14M | $59.73M | - | $45.37M | $40.83M | $43.96M | $35.41M | $35.45M | $35.32M | $37.42M | $36.84M | $36.08M | $35.26M | $31.49M | $28.40M |
| Avg Forecast | $67.34M | $65.23M | $70.05M | $67.73M | $63.94M | $63.20M | $63.15M | $60.85M | $57.40M | $56.06M | $61.55M | $65.95M | $52.18M | $33.77M | $73.02M | $61.52M | $47.43M | $53.15M | $43.25M | $39.62M | $28.46M | $35.70M | $32.86M | $28.00M | $43.70M | $34.53M | $35.19M | $33.74M | $17.79M | $13.16M |
| High Forecast | $68.38M | $66.24M | $71.13M | $68.77M | $64.92M | $64.17M | $63.38M | $60.85M | $68.87M | $56.93M | $63.23M | $66.97M | $62.61M | $40.52M | $73.02M | $61.52M | $56.92M | $53.15M | $43.25M | $39.62M | $34.15M | $35.70M | $32.86M | $28.00M | $52.44M | $34.53M | $35.19M | $33.74M | $21.35M | $15.79M |
| Low Forecast | $65.86M | $63.80M | $68.51M | $66.24M | $62.53M | $61.81M | $62.92M | $60.85M | $45.92M | $54.83M | $59.88M | $64.50M | $41.74M | $27.01M | $73.02M | $61.52M | $37.95M | $53.15M | $43.25M | $39.62M | $22.77M | $35.70M | $32.86M | $28.00M | $34.96M | $34.53M | $35.19M | $33.74M | $14.23M | $10.52M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.13% | - | 0.94% | 1.27% | 1.74% | 0.92% | 1.08% | 1.26% | - | 1.05% | 1.03% | 1.54% | 0.99% | 1.08% | 1.26% | 0.86% | 1.07% | 1.03% | 1.05% | 1.77% | 2.16% |
Cavco Industries's average Quarter SG&A projection for Mar 24 is $57.40M, based on 1 Wall Street analysts, with a range of $45.92M to $68.87M. The forecast indicates a -9.35% fall compared to CVCO last annual SG&A of $63.31M (Dec 23).
Cavco Industries EPS Forecast
| Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 6 | 6 | 5 | 5 | 5 | 5 | 13 |
| EPS | - | - | - | - | - | - | - | - | - | $4.31 | - | $5.35 | $5.45 | $6.71 | $8.32 | $6.68 | $5.86 | - | $4.09 | $2.94 | $2.74 | $2.14 | $1.64 | $1.82 | $1.31 | $2.29 | $2.29 | $2.34 | $2.20 | $2.45 |
| Avg Forecast | $5.72 | $5.79 | $6.22 | $5.69 | $5.13 | $4.89 | $4.76 | $4.70 | $4.51 | $4.27 | $5.27 | $5.82 | $5.10 | $5.79 | $5.88 | $5.13 | $4.81 | $3.48 | $2.72 | $2.11 | $1.92 | $1.73 | $1.56 | $0.98 | $1.55 | $2.01 | $2.08 | $1.95 | $1.46 | $0.70 |
| High Forecast | $5.83 | $5.90 | $6.34 | $5.80 | $5.23 | $4.98 | $4.76 | $4.70 | $4.51 | $4.36 | $5.31 | $5.94 | $5.20 | $5.91 | $5.88 | $5.13 | $4.81 | $3.48 | $2.72 | $2.11 | $1.92 | $1.73 | $1.56 | $0.98 | $1.55 | $2.01 | $2.08 | $1.95 | $1.46 | $0.84 |
| Low Forecast | $5.56 | $5.62 | $6.04 | $5.52 | $4.98 | $4.75 | $4.76 | $4.70 | $4.51 | $4.15 | $5.20 | $5.66 | $4.95 | $5.62 | $5.88 | $5.13 | $4.81 | $3.48 | $2.72 | $2.11 | $1.92 | $1.73 | $1.56 | $0.98 | $1.55 | $2.01 | $2.08 | $1.95 | $1.46 | $0.56 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.01% | - | 0.92% | 1.07% | 1.16% | 1.42% | 1.30% | 1.22% | - | 1.50% | 1.40% | 1.43% | 1.24% | 1.05% | 1.85% | 0.85% | 1.14% | 1.10% | 1.20% | 1.51% | 3.50% |
According to 1 Wall Street analysts, Cavco Industries's projected average Quarter EPS for Mar 24 is $4.51, with a low estimate of $4.51 and a high estimate of $4.51. This represents a 4.56% increase compared to CVCO previous annual EPS of $4.31 (Dec 23).
Cavco Industries Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| MHO | M/I Homes | $153.61 | $197.50 | 28.57% | Strong Buy |
| BZH | Beazer Homes USA | $31.96 | $41.00 | 28.29% | Buy |
| LEGH | Legacy Housing | $26.24 | $29.50 | 12.42% | Buy |
| MTH | Meritage Homes | $177.92 | $190.00 | 6.79% | Buy |
| TMHC | Taylor Morrison Home | $69.79 | $73.83 | 5.79% | Buy |
| LGIH | LGI Homes | $103.93 | $107.25 | 3.19% | Hold |
| CVCO | Cavco Industries | $466.18 | $475.00 | 1.89% | Buy |
| TPH | Tri Pointe Homes | $41.38 | $40.33 | -2.54% | Hold |
| SKY | Skyline Champion | $96.52 | $86.25 | -10.64% | Hold |
| IBP | Installed Building Products | $207.73 | $178.00 | -14.31% | Buy |
| CCS | Century Communities | $85.64 | $60.67 | -29.16% | Buy |