Skyline Champion Corporation (NYSE: SKY) went up by 13.87% from its latest closing price when compared to the 1-year high value of $35.65, while SKY stocks collected +14.50% of gains with the last five trading sessions.
Skyline Champion Corporation (NYSE: SKY) Worth an Investment?
Skyline Champion Corporation (NYSE: SKY) The 36 Months beta value for SKY stocks is at 2.82, while 2 of the analysts out of 2 who provided ratings for Skyline Champion Corporation stocks as a “buy” while 0 as overweight, 0 rated it as hold and 0 as sell. The average price we get from analysts is $33.50 which is $2.03 above current price. SKY currently has a short float of 4.56% and public float of 52.96M with average trading volume of 594.30K shares.
SKY Market Performance
SKY stocks went up by 14.50% for the week, with the monthly jump of 20.68% and a quarterly performance of 20.04%, while its annual performance rate touched -22.09%. The simple moving average for the period of the last 20 days is 17.90% for SKY stocks with the simple moving average of 13.31% for the last 200 days.
Analysts’ Opinion on Skyline Champion Corporation (NYSE: SKY)
Many brokerage firms have already submitted their reports for SKY stocks, with SunTrust repeating the rating for SKY shares by setting it to “Buy”. The predicted price for SKY socks in the upcoming period according to SunTrust is $72 based on the research report published on January 31, 2019.
Credit Suisse, on the other hand, stated in their research note that they expect to see SKY stock at the price of $25. The rating they have provided for SKY stocks is “Neutral” according to the report published on November 29, 2018.
Barclays gave “Overweight” rating to SKY stocks, setting the target price at $35 in the report published on October 2, 2018.
SKY Stocks 22.45% Far from 50 Day Moving Average
After a stumble in the market that brought SKY to its low price for the period of the last 52 weeks, Skyline Champion Corporation was unable to take a rebound, for now settling with -30.43% of loss for the given period.
The stock volatility was left at 4.34%, however, within the period of a single month, the volatility rate increased by 5.58%, while the shares surge at the distance of +20.92% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +20.86% upper at the present time.
In the course of the last 5 trading sessions, SKY went up by +14.50%, which changed the moving average for the period of 200 days to the total of +2.31% of gains for the stock in comparison to the 20-day moving average settled at $21.25. In addition, Skyline Champion Corporation saw 68.82% in overturn over the period of a single year with a tendency to cut further gains.
SKY Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Skyline Champion Corporation (SKY), starting from SCHOLTEN ROGER K, who sold 5,329 shares at the price of $22.02 back on May 17. After this action, Rushing now owns 186,782 shares of Skyline Champion Corporation, valued at $117,345 with the latest closing price.
CENTERBRIDGE CAPITAL PARTNERS , the of Skyline Champion Corporation, sold 4,313,071 shares at the value of $20.21 during a trade that took place back on Mar 05, which means that CENTERBRIDGE CAPITAL PARTNERS is holding 0 shares at the value of $87,175,791 based on the most recent closing price.
SKY Stock Fundamentals
The current profitability levels are settled at -0.39 for the present operating margin and +9.29 for gross margin. The net margin for Skyline Champion Corporation stands at +0.00. Total capital return value is set at -3.15, while invested capital returns managed to touch 0.02. Equity return holds the value -22.10%, with -12.90% for asset returns.
Based on Skyline Champion Corporation (SKY), the company’s capital structure generated 17.04 points for debt to equity in total, while total debt to capital is set at the value of 14.56. Total debt to assets is settled at the value of 7.75 with long-term debt to equity ratio rests at 17.04 and long-term debt to capital is 14.56.
EBITDA value lies at +22.49 M with total debt to EBITDA carrying the value of 45.39. The value for Enterprise to Sales is 0.86 with debt to enterprise value settled at 0.11. The receivables turnover for Skyline Champion Corporation is 16.95 with the total asset turnover at the value of 4.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.03.