At the time of writing, Champion Homes Inc. [SKY] stock is trading at $91.34, up 4.42%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SKY shares have gain 2.04% over the last week, with a monthly amount glided 6.00%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Champion Homes Inc. [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.
For the past year, the stock price of Champion Homes Inc. fluctuated between $52.12 and $93.67. Currently, Wall Street analysts expect the stock to reach $81.33 within the next 12 months. Champion Homes Inc. [NYSE: SKY] shares were valued at $91.34 at the most recent close of the market. An investor can expect a potential drop of -10.96% based on the average SKY price forecast.
Analyzing the SKY fundamentals
According to Champion Homes Inc. [NYSE:SKY], the company’s sales were 2.19B for trailing twelve months, which represents an 35.07% jump. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.14 and Total Capital is 0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.08.
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 88.82 points at the first support level, and at 86.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 93.01, and for the 2nd resistance point, it is at 94.67.
Ratios To Look Out For
It is important to note that Champion Homes Inc. [NYSE:SKY] has a current ratio of 2.33. Also, the Quick Ratio is 1.57, while the Cash Ratio stands at 1.31. Considering the valuation of this stock, the price to sales ratio is 2.40, the price to book ratio is 3.63 and price to earnings (TTM) ratio is 37.56.
Transactions by insiders
Recent insider trading involved Yost Mark J., CEO & President, that happened on Sep 10 ’24 when 15000.0 shares were sold. CEO & President, Yost Mark J. completed a deal on Sep 11 ’24 to sell 15000.0 shares. Meanwhile, Officer Yost Mark J. bought 30000.0 shares on Sep 10 ’24.
