Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
In the latest session, Champion Homes Inc (NYSE: SKY) closed at $91.24 down -4.99% from its previous closing price of $96.03. In other words, the price has decreased by -$4.99 from its previous closing price. On the day, 1.14 million shares were traded. SKY stock price reached its highest trading level at $96.08 during the session, while it also had its lowest trading level at $90.475.
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 9.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.81. 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 5237476864 and an Enterprise Value of 5052871168. As of this moment, Champion’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.35, and their Forward P/E ratio for the next fiscal year is 22.77. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.25 while its Price-to-Book (P/B) ratio in mrq is 3.62. Its current Enterprise Value per Revenue stands at 2.159 whereas that against EBITDA is 22.293.
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 -6.74%, while the 200-Day Moving Average is calculated to be 7.43%.
Shares Statistics:
For the past three months, SKY has traded an average of 661.81K shares per day and 2265810 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 99.93% stake in the company. Shares short for SKY as of 1732838400 were 962412 with a Short Ratio of 1.45, compared to 1730332800 on 753059. Therefore, it implies a Short% of Shares Outstanding of 962412 and a Short% of Float of 2.12.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 3.81.
