Skyline Champion (SKY) to Release Earnings on Tuesday

Skyline Champion (NYSE:SKY - Get Free Report) is anticipated to announce its earnings results after the market closes on Tuesday, February 4th. Analysts expect the company to announce earnings of $0.80 per share and revenue of $590.45 million for the quarter. Persons that wish to listen to the company's earnings conference call can do so using this link.

Skyline Champion (NYSE:SKY - Get Free Report) last posted its quarterly earnings data on Monday, October 28th. The company reported $0.93 EPS for the quarter, beating analysts' consensus estimates of $0.61 by $0.32. Skyline Champion had a return on equity of 13.20% and a net margin of 6.42%. The business had revenue of $616.88 million for the quarter, compared to analyst estimates of $600.52 million. During the same quarter last year, the company earned $0.82 earnings per share. The business's revenue for the quarter was up 32.9% compared to the same quarter last year. On average, analysts expect Skyline Champion to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Skyline Champion Trading Up 0.8 %

NYSE SKY traded up $0.76 during mid-day trading on Friday, reaching $92.36. 840,755 shares of the stock were exchanged, compared to its average volume of 649,542. The business's fifty day simple moving average is $95.34 and its 200 day simple moving average is $91.60. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.64 and a current ratio of 2.42. The stock has a market capitalization of $5.30 billion, a PE ratio of 35.66 and a beta of 1.63. Skyline Champion has a 1-year low of $64.82 and a 1-year high of $116.49.

Analysts Set New Price Targets

SKY has been the subject of several recent analyst reports. Craig Hallum lifted their price target on Skyline Champion from $92.00 to $99.00 and gave the company a "buy" rating in a report on Wednesday, October 30th. Royal Bank of Canada raised their target price on shares of Skyline Champion from $82.00 to $88.00 and gave the company a "sector perform" rating in a research note on Wednesday, October 30th. Jefferies Financial Group upped their price target on shares of Skyline Champion from $79.00 to $86.00 and gave the stock a "hold" rating in a research report on Wednesday, October 9th. Finally, Barclays raised their price objective on Skyline Champion from $85.00 to $90.00 and gave the company an "equal weight" rating in a research report on Thursday, October 31st. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, Skyline Champion presently has a consensus rating of "Hold" and an average target price of $85.40.

Skyline Champion Company Profile

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.