Daily Progress: Champion Homes Inc (SKY) Drop -3.51, Closing at 85.72

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In the latest session, Champion Homes Inc (NYSE: SKY) closed at $85.72 down -3.51% from its previous closing price of $88.84. In other words, the price has decreased by -$3.51 from its previous closing price. On the day, 0.71 million shares were traded. SKY stock price reached its highest trading level at $89.01 during the session, while it also had its lowest trading level at $84.8948.

Ratios:

For a deeper understanding of Champion Homes Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.87. For the most recent quarter (mrq), Quick Ratio is recorded 1.64 and its Current Ratio is at 2.42. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.

On December 14, 2022, Barclays Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $65 to $60.

RBC Capital Mkts Downgraded its Outperform to Sector Perform on November 03, 2022, whereas the target price for the stock was revised from $72 to $54.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 10 ’24 when Yost Mark J. sold 15,000 shares for $87.10 per share. The transaction valued at 1,306,500 led to the insider holds 212,327 shares of the business.

Yost Mark J. sold 15,000 shares of SKY for $1,289,523 on Sep 11 ’24. The CEO & President now owns 197,327 shares after completing the transaction at $85.97 per share. On Sep 10 ’24, another insider, Yost Mark J., who serves as the Officer of the company, bought 30,000 shares for $87.44 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SKY now has a Market Capitalization of 4920610816 and an Enterprise Value of 4461043712. As of this moment, Champion’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.22, and their Forward P/E ratio for the next fiscal year is 21.39. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.10 while its Price-to-Book (P/B) ratio in mrq is 3.40. Its current Enterprise Value per Revenue stands at 1.906 whereas that against EBITDA is 19.682.

Stock Price History:

Over the past 52 weeks, SKY has reached a high of $116.49, while it has fallen to a 52-week low of $64.82. The 50-Day Moving Average of the stock is -11.39%, while the 200-Day Moving Average is calculated to be 0.62%.

Shares Statistics:

For the past three months, SKY has traded an average of 753.10K shares per day and 1816860 over the past ten days. A total of 57.40M shares are outstanding, with a floating share count of 55.92M. Insiders hold about 2.58% of the company’s shares, while institutions hold 99.88% stake in the company. Shares short for SKY as of 1734048000 were 1572540 with a Short Ratio of 2.09, compared to 1731628800 on 1087381. Therefore, it implies a Short% of Shares Outstanding of 1572540 and a Short% of Float of 3.47.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 3.81.

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