Additionally, Cavco CEO Joseph H. Stegmayer sold 20,000 shares of the stock at an average of $92.86 for a total transaction valued at $1,857,200. He now owns 522,248 shares of the stock with a value of $48,495,949.28.
In its last quarterly report released at the end of Oct., Cavco beat analysts’ earnings per share (EPS) estimate by $0.14 and their revenue estimate by $20 million. Revenue ws up 37.8 percent on a year-over-year basis. The company has a market cap of $756.58 million and a P/E ratio of 29.51.
Cavco is one of the largest producers of manufactured homes in the U. S. ##
(Photo credit: rvdailyreport-Cavco wedge cabin)
