Stock Price & Analysis

Based on the recent data and market analysis, here is a concise assessment of SKY stock:

Technical Analysis

• Stock is showing a bearish trend with recent decline from $104.70 to $100.06 (-3.32%) on Feb 21, 2025
• Trading volume of 369,206 shares indicates moderate market interest
• Currently testing support around $100 level

Fundamental Factors

• Recent analyst updates show positive sentiment:
  • Raymond James raised target to $130
  • Goldman Sachs initiated coverage at $119
  • TD Cowen raised target to $120
  • Average analyst target: $122.25

Insider Activity Recent insider selling activity suggests caution:

• CEO sold 30,000 shares in September 2024
• Multiple executives sold shares in August 2024
• No recent insider buying reported

The stock appears to be in a short-term downtrend but has strong analyst support. Given the recent price decline and insider selling activity, investors may want to wait for price stabilization before initiating new positions. The current price around $100 provides a potential support level to monitor.

Based on the provided data and recent analyst updates, here's a comprehensive price prediction for SKY stock in 2025:

Technical Analysis

The technical indicators show:

• RSI(14) at 51.55 indicates neutral momentum
• MACD is slightly bullish with 3.01 but showing potential divergence
• Stock is trading above key SMAs (200-day at 87.80, 60-day at 97.35)
• Currently at 100.06, trading near Fibonacci support level of 100.91

Analyst Consensus & Price Targets

Recent analyst updates from February 2025 show increasing optimism:

• Barclays: $106 (raised from $90)
• RBC Capital: $96 (raised from $88)
• Average analyst target range: $96-106

Fundamental Drivers

Key factors supporting 2025 outlook:

• Strong Q3 FY2025 performance with EPS of $1.04 vs $0.81 consensus
• Improved gross margins and quicker recovery from hurricane impacts
• New CEO Tim Larson maintaining successful strategy implementation
• Favorable average selling prices and margin dynamics

2025 Price Prediction

Based on technical and fundamental analysis, here are the projected scenarios:

Bullish Case ($115-120):

• Probability: 35%
• Drivers: Continued margin expansion, strong execution under new CEO
• Technical target: Fibonacci R3 level at 115.11

Base Case ($95-105):

• Probability: 50%
• Drivers: Current valuation reflects solid fundamentals
• Support at Fibonacci S1 (100.91)

Bearish Case ($85-95):

• Probability: 15%
• Drivers: Potential market correction, valuation concerns
• Support at 200-day SMA (87.80)

Most likely scenario: Base case with stock trading between $95-105 through 2025, supported by solid fundamentals but tempered by current premium valuation.

The S1 support level for SKY Stock is $100.91 ,The R1 resistant level for SKY Stock is $108.76.

As of the end of day on 2025-02-21, the price of SKY Stock was $100.06.

The target price for SKY Stock according to analyst rating is 100.00, with the highest price target at 106.00 and the lowest at 96.00. Analysts have a Hold rating on SKY Stock overall.

The market cap of SKY is $5.7B.

Based on the provided data, I'll analyze whether SKY (Skyline Champion Corp) is overvalued.

Valuation Analysis: SKY's PE ratio has decreased from 12.83 in FY2022 to 10.75 in FY2023, indicating improved valuation metrics. The EV/EBITDA ratio also improved from 7.82 to 6.53, suggesting reasonable enterprise value relative to operating performance.

Financial Performance: Revenue grew significantly from $2.21B to $2.61B between FY2022-2023, while net income increased from $248M to $402M. The gross margin expanded from 26.69% to 31.41%, demonstrating improved operational efficiency.

Technical Indicators: Current RSI-14 at 51.55 indicates neutral momentum, while the stock trades above both its 60-day (97.35) and 200-day (87.80) moving averages, suggesting a sustained uptrend.

Current Market Position: At $100.06, SKY is trading near its Fibonacci support level of $100.91, with the next major support at $98.48.

Based on the comprehensive analysis of valuation metrics, strong financial performance, and technical indicators, SKY is not overvalued at current levels.

Skyline Champion Corporation is a producer of factory-built housing in North America. The Company’s segments include U.S. Factory-built Housing and Canadian Factory-built Housing. The U.S. Factory-built Housing segment includes manufacturing and retail housing operations. It offers a portfolio of manufactured and modular homes, park model RVs, accessory dwelling units and modular buildings for the multi-family and hospitality sectors. It builds homes under various brand names in the factory-built housing industry, including 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 in the U.S., and Moduline and SRI Homes in western Canada. It operates a factory-direct manufactured home retail business, marketed under the Titan Factory Direct and Champion Homes Center brands, with over 31 sales centers spanning the United States.

Based on the provided data and recent analyst reports, here's a price prediction for SKY stock by 2030:

SKY stock is projected to reach $175-185 by 2030, driven by strong market positioning in manufactured housing and continued margin expansion. Recent analyst upgrades from RBC Capital to $96 and positive industry tailwinds support this trajectory. The company's current technical indicators and fundamentals suggest sustained growth potential, with RSI at 51.55 showing balanced momentum.

The 5-year growth path appears promising as SKY has demonstrated consistent margin improvements and market share gains, with recent Q3 FY2025 results exceeding expectations. The company's strategic focus on operational efficiency and pricing power should help maintain its growth trajectory through 2030.

SKY has a total of 7700 employees.