Cavco Industries, Inc. is a leading manufacturer of factory-built homes, specializing in affordable and innovative housing solutions
The company designs, produces, and sells a diverse array of manufactured and modular homes, as well as park model RVs, primarily targeting customers seeking quality and value. In addition to home manufacturing, Cavco also offers various services in the land-lease community sector and engages in the production of construction materials. With a commitment to sustainability and energy efficiency, Cavco focuses on delivering homes that meet the evolving needs of consumers while contributing to the larger housing market.
Companies Reporting Before The Bell • ING Groep (NYSE:ING) is expected to report earnings for its fourth quarter. • Shell (NYSE:SHEL) is likely to report quarterly earnings at $1.81 per share on revenue of $75.66 billion.
Wedbush analyst Jay McCanless reiterated an Outperform rating on the shares of Cavco Industries, Inc. (NASDAQ: CVCO) and lowered the price target from $390 to $380.
Gainers Monogram Orthopaedics Inc. (NASDAQ: MGRM) shares climbed 148.3% to $29.18 after jumping 62% on Thursday. Monogram Orthopaedics raised $17,216,147 through the sale of 2,374,641 shares of its Class A Common Stock priced at $7.25 per share.
U.S. stocks traded turned lower midway through trading, with the Dow Jones dropping over 100 points on Friday. The Dow traded down 0.37% to 33,410.77 while the NASDAQ fell 0.28% to 12,653.09. The S&P 500, also fell, dropping, 0.20% to 4,189.62.
Companies Reporting Before The Bell • Lightspeed Commerce (NYSE:LSPD) is projected to report quarterly loss at $0.04 per share on revenue of $248.01 million.
