Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Skyline Champion Corp before investing.

In this article, we go over a few key elements for understanding Skyline Champion Corp’s stock price such as:

• Skyline Champion Corp’s current stock price and volume
• Why Skyline Champion Corp’s stock price changed recently
• Upgrades and downgrades for SKY from analysts
• SKY’s stock price momentum as measured by its relative strength

About Skyline Champion Corp (SKY)

Before we jump into Skyline Champion Corp’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

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. The Company has a portfolio of manufactured and modular homes, accessory dwelling units (ADUs), park-models and modular buildings for the single and multi-family housing markets. It provides construction services to install and set-up factory-built homes, operates a factory-direct retail business with approximately 74 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. It has around 48 manufacturing facilities throughout the United States and western Canada. Its brands include Skyline Homes, Champion Homes, Genesis Homes, Athens Park and various others.

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Skyline Champion Corp’s Stock Price as of Market Close

As of July 26, 2024, 4:00 PM, CST, Skyline Champion Corp’s stock price was $81.96.

Skyline Champion Corp is up 5.67% from its previous closing price of $77.56.

During the last market session, Skyline Champion Corp’s stock traded between $76.04 and $80.61. Currently, there are 57.88 million shares of Skyline Champion Corp stock available for purchase.

Skyline Champion Corp’s price-earnings (P/E) ratio is currently at 30.6, which is high compared to the Homebuilding industry median of 11.1. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Skyline Champion Corp Stock Price History

Skyline Champion Corp’s (SKY) price is currently up 20.97% so far this month.

During the month of July, Skyline Champion Corp’s stock price has reached a high of $82.80 and a low of $64.82.

Over the last year, Skyline Champion Corp has hit prices as high as $86.71 and as low as $52.12. Year to date, Skyline Champion Corp’s stock is up 59.11%.

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What Caused Skyline Champion Corp Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 25, 2024, there were 3 analysts who downgraded Skyline Champion Corp’s stock and 2 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Skyline Champion Corp’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Skyline Champion Corp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Skyline Champion Corp’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Skyline Champion Corp (SKY) by visiting AAII Stock Evaluator.

Relative Price Strength of Skyline Champion Corp

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 25, 2024, Skyline Champion Corp has a weighted four-quarter relative price strength of -1.53%, which translates to a Momentum Score of 57 and is considered to be Average.

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Skyline Champion Corp Stock Price: Bottom Line

As of July 26, 2024, Skyline Champion Corp’s stock price is $81.96, which is up 5.67% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Skyline Champion Corp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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