Champion Homes Soars 5.2 percent Is Further Upside Left in the Stock?
CVCO Stock | USD 444.33 3.49 0.79% |
About 51% of Cavco Industries' investor base is interested to short. The analysis of overall sentiment of trading Cavco Industries stock suggests that many investors are impartial at this time. Cavco Industries' investing sentiment overview a quick insight into current market opportunities from investing in Cavco Industries. Many technical investors use Cavco Industries stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Cavco |
Champion Homes saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
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Cavco Industries Fundamental Analysis
We analyze Cavco Industries' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cavco Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cavco Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Book Value Per Share
Book Value Per Share Comparative Analysis
Cavco Industries is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Cavco Industries Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Cavco Industries stock to make a market-neutral strategy. Peer analysis of Cavco Industries could also be used in its relative valuation, which is a method of valuing Cavco Industries by comparing valuation metrics with similar companies.
Peers
Cavco Industries Related Equities
MTH | Meritage | 2.34 | ||||
TMHC | Taylor Morn | 1.58 | ||||
SKY | Skyline | 1.55 | ||||
LGIH | LGI Homes | 1.44 | ||||
CCS | Century Communities | 1.38 | ||||
IBP | Installed Building | 1.33 | ||||
MHO | MI Homes | 0.88 | ||||
BZH | Beazer Homes | 0.80 | ||||
TPH | TRI Pointe | 0.77 | ||||
LEGH | Legacy Housing | 0.52 |
Check out Cavco Industries Hype Analysis, Cavco Industries Correlation and Cavco Industries Performance. To learn how to invest in Cavco Stock, please use our How to Invest in Cavco Industries guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cavco Industries. If investors know Cavco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cavco Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Cavco Industries is measured differently than its book value, which is the value of Cavco that is recorded on the company's balance sheet. Investors also form their own opinion of Cavco Industries' value that differs from its market value or its book value, called intrinsic value, which is Cavco Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cavco Industries' market value can be influenced by many factors that don't directly affect Cavco Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cavco Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cavco Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cavco Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.