A share price of Skyline Champion Corp [SKY] is currently trading at $81.96, up 5.67%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SKY shares have gain 8.01% over the last week, with a monthly amount glided 21.95%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Skyline Champion Corp [NYSE: SKY] stock has seen the most recent analyst activity on December 18, 2023, when Wedbush downgraded its rating to a Neutral but kept the price target unchanged to $72 for it. Previously, Barclays downgraded its rating to Equal Weight on December 14, 2022, and dropped its price target to $60. On November 03, 2022, downgrade downgraded it’s rating to Sector Perform and revised its price target to $54 on the stock. Wedbush upgraded its rating to a Outperform but stick to its price target of $70 on July 07, 2022. RBC Capital Mkts upgraded its rating to a Outperform and raised its price target to $87 on February 04, 2022. Wedbush downgraded its rating to Neutral for this stock on March 02, 2021. In a note dated December 18, 2020, Wedbush initiated an Outperform rating and provided a target price of $38 on this stock.
Skyline Champion Corp experienced fluctuations in its stock price throughout the past year between $52.12 and $86.71. Currently, Wall Street analysts expect the stock to reach $76.67 within the next 12 months. Skyline Champion Corp [NYSE: SKY] shares were valued at $81.96 at the most recent close of the market. An investor can expect a potential drop of -6.45% based on the average SKY price forecast.
Analyzing the SKY fundamentals
Trailing Twelve Months sales for Skyline Champion Corp [NYSE:SKY] were 2.02B which represents 9.12% growth. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.15 and Total Capital is 0.15. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.09.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 79.77 points at the first support level, and at 77.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 83.47, and for the 2nd resistance point, it is at 84.99.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Skyline Champion Corp [NYSE:SKY] is 2.36. In addition, the Quick Ratio stands at 1.54 and the Cash Ratio stands at 1.27. Considering the valuation of this stock, the price to sales ratio is 2.34, the price to book ratio is 3.33 and price to earnings (TTM) ratio is 32.32.
Transactions by insiders
Recent insider trading involved Larson Timothy Mark, Chief Growth Officer, that happened on Jun 14 ’24 when 3500.0 shares were sold. EVP, Operations, KIMMELL JOSEPH A. completed a deal on May 30 ’24 to sell 10042.0 shares. Meanwhile, Director Anderson Keith A sold 18750.0 shares on Dec 15 ’23.
