(CVCO) Cavco Industries - Ratings and Ratios

Cavco Industries, Inc. is a leading manufacturer and retailer of factory-built homes in the United States, operating through two primary segments: Factory-Built Housing and Financial Services. The company produces a diverse range of products, including park model RVs, vacation cabins, modular homes, and commercial structures, catering to various customer needs. Its product portfolio includes single and multi-section homes, multi-family units, and specialized housing for the US military. Additionally, Cavco provides financial services, including conforming and non-conforming mortgages, home-only loans, and property and casualty insurance to owners of manufactured homes.

The companys distribution network comprises a mix of independent and company-owned retailers, planned community operators, and residential developers, allowing it to reach a wide customer base. With a strong presence in the US market, Cavco has established itself as a significant player in the homebuilding industry. Its financial services segment complements its manufacturing and retailing operations, providing a comprehensive solution for customers. As the company continues to expand its product offerings and distribution channels, it is well-positioned to capitalize on the growing demand for affordable and efficient housing solutions.

Analyzing the provided and , we can observe that Cavcos stock has been trading below its short-term and long-term moving averages (SMA20, SMA50, and SMA200), indicating a potential bearish trend. The Average True Range (ATR) of 16.36, representing 3.82% of the last price, suggests moderate volatility. The stock is currently trading near the middle of its 52-week range, between $335.64 and $539.10. With a Market Cap of $3.397 billion and a P/E ratio of 20.45, the company appears to be reasonably valued. The Return on Equity (RoE) of 16.28% indicates a decent level of profitability.

Based on the available data, a forecast for Cavco Industries can be constructed. Given the current support and resistance levels, a potential trading range between $416.3 and $446.1 can be identified. If the stock can break through the resistance at $446.1, it may continue to rise towards $463.8. Conversely, a drop below $416.3 could lead to a decline towards $358.0. Considering the fundamental data, a stable P/E ratio and decent RoE, the companys financials appear solid. Therefore, a forecast of $450-$480 for the next quarter is plausible, contingent upon the companys ability to maintain its current momentum and navigate the challenges in the homebuilding industry.