Wedbush Expects Stronger Earnings for Skyline Champion

Skyline Champion Co. (NYSE:SKY - Free Report) - Investment analysts at Wedbush lifted their FY2025 earnings estimates for shares of Skyline Champion in a research note issued to investors on Wednesday, October 30th. Wedbush analyst J. Mccanless now anticipates that the company will earn $3.43 per share for the year, up from their prior forecast of $2.78. Wedbush currently has a "Neutral" rating and a $64.00 price target on the stock. The consensus estimate for Skyline Champion's current full-year earnings is $3.01 per share. Wedbush also issued estimates for Skyline Champion's Q1 2026 earnings at $1.15 EPS, Q2 2026 earnings at $1.08 EPS, Q3 2026 earnings at $0.79 EPS and FY2026 earnings at $3.95 EPS.

A number of other equities analysts also recently commented on the stock. Barclays increased their price objective on shares of Skyline Champion from $85.00 to $90.00 and gave the stock an "equal weight" rating in a research note on Thursday. Royal Bank of Canada raised their price target on Skyline Champion from $82.00 to $88.00 and gave the company a "sector perform" rating in a research note on Wednesday. Jefferies Financial Group upped their price objective on Skyline Champion from $79.00 to $86.00 and gave the stock a "hold" rating in a research note on Wednesday, October 9th. StockNews.com raised shares of Skyline Champion from a "sell" rating to a "hold" rating in a research note on Thursday, August 8th. Finally, Craig Hallum upped their price target on shares of Skyline Champion from $92.00 to $99.00 and gave the stock a "buy" rating in a research report on Wednesday. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $85.40.

Skyline Champion Stock Up 3.7 %

Shares of SKY stock traded up $3.26 during trading on Friday, reaching $91.49. The company's stock had a trading volume of 625,112 shares, compared to its average volume of 358,133. The company has a market cap of $5.25 billion, a price-to-earnings ratio of 35.32 and a beta of 1.57. Skyline Champion has a one year low of $53.84 and a one year high of $101.39. The business has a fifty day moving average price of $92.53 and a 200-day moving average price of $81.56. The company has a quick ratio of 1.57, a current ratio of 2.42 and a debt-to-equity ratio of 0.02.

Skyline Champion (NYSE:SKY - Get Free Report) last released its earnings results on Monday, October 28th. The company reported $0.93 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.61 by $0.32. The firm had revenue of $616.88 million during the quarter, compared to analysts' expectations of $600.52 million. Skyline Champion had a return on equity of 13.20% and a net margin of 6.42%. The company's revenue was up 32.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.82 EPS.

Insider Activity at Skyline Champion

In other Skyline Champion news, insider Timothy Mark Larson sold 5,500 shares of Skyline Champion stock in a transaction on Friday, August 9th. The shares were sold at an average price of $83.00, for a total transaction of $456,500.00. Following the completion of the transaction, the insider now directly owns 43,300 shares of the company's stock, valued at $3,593,900. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, VP Timothy A. Burkhardt sold 2,874 shares of the stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $89.42, for a total transaction of $256,993.08. Following the sale, the vice president now owns 38,792 shares of the company's stock, valued at $3,468,780.64. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Timothy Mark Larson sold 5,500 shares of the firm's stock in a transaction on Friday, August 9th. The stock was sold at an average price of $83.00, for a total value of $456,500.00. Following the completion of the transaction, the insider now owns 43,300 shares in the company, valued at $3,593,900. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 163,636 shares of company stock worth $14,582,253. Company insiders own 6.90% of the company's stock.

Institutional Investors Weigh In On Skyline Champion

A number of large investors have recently bought and sold shares of SKY. CWM LLC raised its stake in Skyline Champion by 7.4% during the third quarter. CWM LLC now owns 2,286 shares of the company's stock worth $217,000 after acquiring an additional 158 shares in the last quarter. Verdence Capital Advisors LLC boosted its holdings in shares of Skyline Champion by 5.1% during the 3rd quarter. Verdence Capital Advisors LLC now owns 3,514 shares of the company's stock valued at $333,000 after acquiring an additional 171 shares in the last quarter. SummerHaven Investment Management LLC grew its position in Skyline Champion by 2.0% during the 2nd quarter. SummerHaven Investment Management LLC now owns 11,262 shares of the company's stock worth $763,000 after acquiring an additional 216 shares during the last quarter. Penbrook Management LLC increased its holdings in Skyline Champion by 2.7% in the 2nd quarter. Penbrook Management LLC now owns 9,810 shares of the company's stock worth $665,000 after purchasing an additional 260 shares in the last quarter. Finally, Portside Wealth Group LLC raised its position in Skyline Champion by 10.0% in the third quarter. Portside Wealth Group LLC now owns 3,339 shares of the company's stock valued at $317,000 after purchasing an additional 304 shares during the last quarter.

About Skyline Champion

Skyline Champion Corporation produces and sells factory-built housing in North America. The company offers manufactured and modular homes, park models RVs, accessory dwelling units, and modular buildings for the multi-family and hospitality sectors. It builds homes under the Skyline Homes, Champion Home Builders, Genesis Homes, Athens Park Models, Dutch Housing, Atlantic Homes, Excel Homes, Homes of Merit, New Era, Redman Homes, ScotBilt Homes, Shore Park, Silvercrest, and Titan Homes brands in the United States; and Moduline and SRI Homes brand names in western Canada.