Stocks · Consumer Cyclical · Residential Construction
Cavco Industries, Inc. CVCO
$585.13 +1.37% Close, Oct 2, 2026 · NASDAQ · Market cap $4.51B
High qualityLow risk
Next earnings report: Oct 29, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The shares trade at 25.5× trailing earnings, higher than 95% of the company's own readings over the past five years.
- Revenue over the last four quarters was $2.30B, up 9.7% from a year earlier.
- The company holds net cash of $203.4M (cash above total debt).
PromtFinance scores
Each score is a percentile within the Consumer Cyclical sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 27%
- EPS growth (TTM, YoY)Bottom 48%
- FCF growth (TTM, YoY)Top 32%
- Revenue growth, 3-year CAGRBottom 48%
- Revenue growth accelerationBottom 24%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 18%
- Gross marginBottom 27%
- Operating marginTop 35%
- Cash conversion (OCF / net income)Bottom 41%
- Accruals (lower is better)Top 39%
- Net debt / EBITDA (lower is better)Top 7%
- Interest coverTop 5%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 47%
- Free-cash-flow yieldBottom 48%
- EBITDA / enterprise valueBottom 33%
- Sales / enterprise valueBottom 34%
- P/E vs own 5-year history (lower is better)Bottom 7%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 48%
- 6-month returnTop 27%
- 1-year return vs S&P 500Top 42%
- Distance from 52-week highTop 30%
- Trend checklist (0–4)Top 7%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 28%
- Consecutive EPS beatsBottom 13%
- Upside to consensus price targetBottom 36%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 20%
- Maximum drawdown, 3 yearsTop 15%
- Beta vs S&P 500 (lower is better)Top 34%
- Net debt / EBITDA (lower is better)Top 7%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 11.4% | 9.7% | ↓ |
| EPS growth (YoY) | 15.5% | -0.4% | ↓ |
| Gross margin | 23.5% | 23.2% | ↓ |
| Operating margin | 10.1% | 9.6% | ↓ |
| FCF margin | 7.7% | 10.2% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 9.7% | 11.4% | ↓ | Top 27% |
| EPS growth (TTM, YoY) | -0.4% | 15.5% | ↓ | Bottom 48% |
| Gross margin | 23.2% | 23.5% | ↓ | Bottom 27% |
| Operating margin | 9.6% | 10.1% | ↓ | Top 35% |
| Net margin | 7.9% | 9.0% | ↓ | — |
| Free-cash-flow margin | 10.2% | 7.7% | ↑ | — |
| Return on invested capital | 14.5% | — | Top 18% | |
| Revenue growth, 3-year CAGR | 1.6% | — | Bottom 48% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.58×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -6.8%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.6%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -20.8 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- -0.79×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 208.3×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 3.09%
- Shareholder yield
- 3.09%
- Share count change, 1 year
- -3.2%
- Share count change, 3-year CAGR
- -3.9%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 27, 2026 (filed Jul 31, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- -0.2%
- Average 2-day reaction, last 8
- -0.4%
- Positive 20 days after report
- 6 of 8
Analysts
- Consensus price target
- $710.00
- Target vs current price
- +21.3%
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 30, 2026 | -4.6% | -0.5% | +4.0% | +2.1% | — |
| May 21, 2026 | +3.0% | -0.7% | +8.8% | +21.5% | +21.2% |
| Jan 29, 2026 | -7.0% | +0.2% | -18.0% | -6.5% | -12.4% |
| Oct 30, 2025 | +7.6% | -0.0% | +11.1% | +20.7% | +25.6% |
| Jul 31, 2025 | +10.5% | +0.1% | +11.8% | +31.4% | +47.2% |
| May 22, 2025 | +10.9% | -3.3% | -15.8% | -23.0% | -6.2% |
| Jan 30, 2025 | +41.1% | +1.9% | +14.1% | +10.8% | +4.5% |
| Oct 31, 2024 | +10.9% | -1.0% | +11.8% | +24.6% | +13.0% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 30, 2026 | $5.43 | $5.69 | -4.6% | $610.0M |
| May 21, 2026 | $5.42 | $5.26 | +3.0% | $550.1M |
| Jan 29, 2026 | $5.58 | $6.00 | -7.0% | $581.0M |
| Oct 30, 2025 | $6.55 | $6.09 | +7.6% | $556.5M |
| Jul 31, 2025 | $6.42 | $5.81 | +10.5% | $556.9M |
| May 22, 2025 | $5.40 | $4.87 | +10.9% | $508.4M |
| Jan 30, 2025 | $6.90 | $4.89 | +41.1% | $522.0M |
| Oct 31, 2024 | $5.28 | $4.76 | +10.9% | $507.5M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 25.5× | 19.1× | 95th | Bottom 47% |
| P/E (forward) | 25.9× | — | — | — |
| EV / EBITDA | 16.7× | — | — | Bottom 33% |
| EV / Sales | 1.87× | — | — | Bottom 34% |
| Free-cash-flow yield | 5.20% | — | — | Bottom 48% |
| Earnings yield | 3.93% | — | — | Bottom 47% |
P/E over the past five years
Range 6.9× – 26.5× since Jul 3, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -0.3%
- Earnings per share growth (TTM)
- -0.4%
- Change in P/E multiple
- +24.7%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 2
- Days above the 200-day average
- 3
- 50-day average slope (20 days)
- -2.3%
- 200-day average slope (20 days)
- -0.5%
- Distance from 50-day average
- +3.4%
- Distance from 200-day average
- +4.8%
- RSI (14)
- 63.3
- Relative volume
- 0.88×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 30.0%
- Volatility vs own 5-year history
- 3th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.85
- Correlation with S&P 500
- 0.29
- Current drawdown from 1-year high
- -16.1%
- Maximum drawdown, 3 years
- -34.7%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Dec 7, 2021 | Jun 16, 2022 | -43.2% | 132 days | 376 days (Dec 14, 2023) |
| Jan 16, 2026 | May 15, 2026 | -34.7% | 82 days | Not yet recovered |
| Feb 18, 2025 | Jun 13, 2025 | -26.5% | 81 days | 56 days (Sep 4, 2025) |
| Nov 25, 2024 | Jan 10, 2025 | -19.1% | 30 days | 17 days (Feb 5, 2025) |
| Apr 5, 2021 | May 12, 2021 | -18.8% | 27 days | 60 days (Aug 6, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $4.51B
- P/E (TTM)
- 25.5
- EPS, diluted (TTM)
- $22.98
- Revenue (TTM)
- $2.30B
- 52-week range
- $443.34 – $713.01
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Revenue | $1.63B | $2.14B | $1.79B | $2.02B | $2.24B |
| Gross profit | $408.7M | $554.9M | $426.9M | $465.6M | $526.9M |
| Operating income | $202.5M | $296.6M | $179.0M | $190.3M | $228.6M |
| Net income | $197.7M | $240.6M | $157.8M | $171.0M | $190.6M |
| EPS (diluted) | $21.34 | $26.95 | $18.37 | $20.71 | $23.98 |
| Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | Q1 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $507.5M | $522.0M | $508.4M | $556.9M | $556.5M | $581.0M | $550.1M | $610.0M |
| Net income | $43.8M | $56.5M | $36.3M | $51.6M | $52.4M | $44.1M | $42.5M | $42.3M |
| EPS (diluted) | $5.28 | $6.90 | $4.47 | $6.42 | $6.55 | $5.58 | $5.42 | $5.43 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Operating cash flow | $144.2M | $255.7M | $224.7M | $178.5M | $267.5M |
| Capital expenditure | -$18.7M | -$44.1M | -$17.4M | -$21.4M | -$35.4M |
| Free cash flow | $125.6M | $211.6M | $207.3M | $157.1M | $232.1M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | -$59.6M | -$103.4M | -$109.3M | -$148.7M | -$157.7M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $261.5M
- Total assets
- $1.54B
- Total liabilities
- $431.1M
- Total debt
- $39.8M
- Net debt
- -$203.4M
- Shareholders’ equity
- $1.11B
As of Jun 27, 2026 (filed Jul 31, 2026).
Short interest
- Shares sold short
- 362,158
- Days to cover
- 3.71
- Change vs previous report
- +2.0%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Feb 1, 2005
- 2-for-1