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Stock impact report

Is Now The Time To Look At Buying Cavco Industries, Inc. (NASDAQ:CVCO)? [Yahoo! Finance]

Cavco Industries, Inc. (CVCO) 
US:NASDAQ Investor Relations: investor.cavco.com
Company Research Source: Yahoo! Finance
The company's trading levels have reached its high for the past year, following the recent bounce in the share price. As a US$4.7b market-cap stock, it seems odd Cavco Industries is not more well-covered by analysts. However, this is not necessarily a bad thing given that there are less eyes on the stock to push it closer to fair value. Is there still an opportunity to buy? Let's take a look at Cavco Industries's outlook and value based on the most recent financial data to see if the opportunity still exists. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Cavco Industries appears to be expensive according to our price multiple model, which makes a comparison between the company's price-to-earnings ratio and the industry average. In this instance, we've used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock's cash flows. We find that Cavco Industries's rati Show less Read more
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