Skyline Champion
About: Champion Homes Inc is a factory-built housing company in North America. The company is well positioned with an portfolio of manufactured and modular homes, ADUs, park-models and modular buildings for the single-family, multi-family, and hospitality sectors. In addition to its core home building business, Champion Homes provides construction services to install and set-up factory-built homes, operates a factory-direct retail business with 72 retail locations across the United States, and operates Star Fleet Trucking, providing transportation services to the manufactured housing and other industries from several dispatch locations across the United States.
Employees: 8,600
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
188% more call options, than puts
Call options by funds: $11.5M | Put options by funds: $3.99M
100% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 6 (+3) [Q3]
80% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 30
35% more capital invested
Capital invested by funds: $3.95B [Q2] → $5.35B (+$1.4B) [Q3]
9% more funds holding
Funds holding: 280 [Q2] → 304 (+24) [Q3]
1% less repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 106
3.23% less ownership
Funds ownership: 100.86% [Q2] → 97.63% (-3.23%) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$86
10%
downside
Avg. target
$91
5%
downside
High target
$99
3%
upside
4 analyst ratings
1 positive
25%
3 neutral
75%
0 negative
0%
Barclays Matthew Bouley 34% 1-year accuracy 21 / 61 met price target | 6%downside $90 | Equal-Weight Maintained | 31 Oct 2024 |
RBC Capital Mike Dahl 54% 1-year accuracy 31 / 57 met price target | 8%downside $88 | Sector Perform Maintained | 30 Oct 2024 |
Craig-Hallum Greg Palm 64% 1-year accuracy 16 / 25 met price target | 3%upside $99 | Buy Maintained | 30 Oct 2024 |
Jefferies Kevin Grundy 14% 1-year accuracy 1 / 7 met price target | 10%downside $86 | Hold Maintained | 9 Oct 2024 |
Financial journalist opinion
Based on 3 articles about SKY published over the past 30 days
Neutral
Business Wire
1 week ago
Champion Homes Implements CEO Succession Plan
TROY, Mich.--(BUSINESS WIRE)--Champion Homes, Inc. (NYSE: SKY) (“Champion Homes”) today announced the implementation of a succession plan in which Tim Larson, the Company's Chief Growth Officer, has been appointed President, Chief Executive Officer, and a member of the Board of Directors, effective immediately. He succeeds Mark Yost in these roles. Mr. Yost will be available as needed to support an orderly transition. Mr. Larson joined Champion Homes in 2021 as Chief Growth Officer. In this rol.
Neutral
PRNewsWire
2 weeks ago
Apollo Global Management and Workday Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
NEW YORK , Dec. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range.
Positive
Investors Business Daily
2 weeks ago
Airline Leader SkyWest Eyes Buy Point After Stock Takes Flight
SkyWest stock is approaching a new buy point as it soared to new highs in recent weeks. It's among the best stocks to buy and watch now.
Neutral
Business Wire
1 month ago
Champion Homes and iUnit Communities Bring Innovative, Energy-Efficient Housing to Virginia
TROY, Mich.--(BUSINESS WIRE)--Champion Homes is strengthening its commitment to affordable, sustainable housing in North America with a new arrangement with iUnit Communities to build attainable and environmentally responsible homes in Accomack County, Va. This arrangement with prefab home builder and developer iUnit Communities leverages an Innovation Grant from Virginia Housing. Two modular cottages called the Innovation Cottages will be built at Champion Homes's Liverpool, Pa., factory as a.
Positive
Zacks Investment Research
1 month ago
New Strong Buy Stocks for November 1st
SKY, AAT, SOHO, THC and LDOS have been added to the Zacks Rank #1 (Strong Buy) List on November 1, 2024.
Positive
Seeking Alpha
1 month ago
Champion Homes: Rapid Growth Does Not Justify Significant Meaningful Upside
Champion Homes' stock popped up 3.1% on October 28th due to strong earnings, despite revenue falling short of expectations. The company reported a 32.3% revenue increase and significant growth in profits and cash flows for Q2 2025. Shares are currently pricey compared to traditional homebuilders, but the company's rapid growth and net cash position are positives.
Neutral
Seeking Alpha
1 month ago
Skyline Champion Corporation (SKY) Q2 2025 Earnings Call Transcript
Skyline Champion Corporation (NYSE:SKY ) Q2 2025 Earnings Conference Call October 29, 2024 8:00 AM ET Company Participants Jason Blair - Head of Investor Relations Mark Yost - President & Chief Executive Officer Laurie Hough - Executive Vice President & Chief Financial Officer Conference Call Participants Greg Palm - Craig-Hallum Capital Group Daniel Moore - CJS Securities Fiona Shang - Jefferies Operator Good morning and welcome to the Champion Homes Second Quarter Fiscal 2025 Earnings Call. My name is Sachi [ph] and I will be coordinating your call today.
Positive
Zacks Investment Research
1 month ago
Champion Homes (SKY) Beats Q2 Earnings and Revenue Estimates
Champion Homes (SKY) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.82 per share a year ago.
Neutral
Business Wire
1 month ago
Champion Homes Announces Second Quarter Fiscal 2025 Results
TROY, Mich.--(BUSINESS WIRE)--Champion Homes, Inc. (NYSE: SKY) (“Champion Homes”) today announced financial results for its second quarter ended September 28, 2024 (“fiscal 2025”). Second Quarter Fiscal 2025 Highlights (compared to Second Quarter Fiscal 2024) Net sales increased 32.9% to $616.9 million U.S. homes sold increased 31.3% to 6,357 Total backlog increased 5.6% to $427 million from the sequential first quarter Average selling price (“ASP”) per U.S. home sold increased 4.5% to $92,400.
Positive
MarketBeat
2 months ago
Champion Homes: The Focus on Affordability Makes It a Winner
Champion Homes, Inc. NYSE: SKY, formerly Skyline Champion, got a name change in 2024, doing little to alter the outlook. The outlook is bright because market conditions, persistently low housing inventory, and its focus on affordability make it a winner for consumers.
Charts implemented using Lightweight Charts™