Shares of Cavco Industries, Inc. (NASDAQ:CVCO) stock have been commented on by three different analysts, going in different directions each time, in the last seven weeks. On May 1 The Street downgraded Cavco from a buy rating to a hold rating; May 28 The Street upgraded shares from hold to buy; on June 3 analysts at Thomson Reuters/Verus downgraded the shares from hold to sell; and Mon., June 17 Sidoti upgraded Cavco shares from a neutral rating to a buy rating. Cavco Industries closed down -0.18% at 48.60 today, Wed., June 19, on a day when all housing stocks except one that we track closed down—and Cavco lost the least percent of those. According to watchlistnews.com, the company’s 50-day moving average is 46.15, the market cap is $338.1 million, and price to earnings ratio is 68.58. As MHProNews knows, Cavco is the second largest producer of factory-built homes in North America.
