Skyline Champion Corp: A Top Momentum Pick for Investors?
December 19, 2023
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Are you seeking a high momentum investment? Skyline Champion ($NYSE:SKY) Corp. could be a prime option to consider. Skyline Champion Corp. is a leading manufacturer of modular and manufactured housing, as well as a provider of related services. The company has a strong track record of delivering consistent growth and profitability over the years and has earned the trust of investors. They have a proven ability to create value through strategic investments, cost control initiatives and superior management practices. This is thanks to the strong fundamentals which are underpinned by the strength of the company’s business model, quality balance sheet and strong outlook for the future.
Skyline Champion Corp. has made strategic investments in its infrastructure, products and marketing activities, all of which have helped to drive increased revenue growth. The company’s competitive advantages have been a key factor in its stock performance and this trend is likely to continue into the future. The company’s strong fundamentals and commitment to creating value for shareholders make it an attractive option for those looking to increase their portfolio returns. With its consistent growth prospects and performance, Skyline Champion Corp. is well positioned to deliver outstanding returns in the long term.
Stock Price
SKYLINE CHAMPION Corp. is one of the top momentum picks for investors according to Monday’s stock market performance. The stock opened at $71.6, and closed at $72.0, a decrease of just 0.9% from the prior closing price of $72.6. Despite its minor decline, SKYLINE CHAMPION Corp. is still considered as one of the most attractive stocks due to its strong performance and potential for future growth. Investors should keep a close eye on this stock as its trajectory continues to develop. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Skyline Champion. More…
| Total Revenues | Net Income | Net Margin |
| 2k | 237.5 | 11.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Skyline Champion. More…
| Operations | Investing | Financing |
| 266.8 | -203.53 | -40.04 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Skyline Champion. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.67k | 328.98 | 23.27 |
Key Ratios Snapshot
Some of the financial key ratios for Skyline Champion are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 17.4% | 58.2% | 15.7% |
| FCF Margin | ROE | ROA |
| 10.9% | 15.0% | 11.8% |
Analysis
At GoodWhale, we have been analyzing the financials of SKYLINE CHAMPION and our Star Chart provides a detailed overview of the company’s performance. Our analysis reveals that SKYLINE CHAMPION has a high health score of 10/10 which is an indication of its strong cashflows and debt capabilities. The company is capable to pay off debt and fund future operations. Additionally, the Star Chart shows that SKYLINE CHAMPION is strong in asset, growth and medium in profitability, and weak in dividend. In terms of its classification, it is identified as ‘rhino’, which is a type of company that has achieved moderate revenue or earnings growth. This type of company can be attractive to investors looking for safe investments with moderate growth opportunities. Investors who are looking for a stable, long-term investment with potential to achieve modest returns may be interested in SKYLINE CHAMPION. Additionally, those looking to diversify their portfolios may find the company’s ‘rhino’ classification appealing. More…
Peers
Skyline Champion Corp is one of the leading homebuilders in the United States. The company’s main competitors are Meritage Homes Corp, Tri Pointe Homes Inc, and KB Home.
– Meritage Homes Corp ($NYSE:MTH)
Meritage Homes Corp is a homebuilder in the United States. As of 2022, the company has a market capitalization of 3.06 billion dollars and a return on equity of 23.05%. The company builds homes for a variety of different price points and markets, and has a focus on sustainability and energy efficiency.
– Tri Pointe Homes Inc ($NYSE:TPH)
Tri Pointe Homes Inc is a homebuilding company that focuses on the development of single-family homes. The company operates in various states in the United States, including Arizona, California, Colorado, Florida, Georgia, Illinois, Indiana, Maryland, Nevada, North Carolina, Ohio, Oklahoma, Oregon, South Carolina, Texas, and Virginia. As of 2022, the company has a market cap of 1.86B and a ROE of 16.87%.
– KB Home ($NYSE:KBH)
KB Home is a homebuilding company headquartered in Los Angeles, California. It is one of the largest homebuilders in the United States. The company builds and sells single-family detached and attached homes, townhomes, and condominiums in the United States. It operates in four segments: West Coast, Central, Southeast, and South Central. The company was founded in 1957 and is headquartered in Los Angeles, California.
Summary
Skyline Champion Corp. is an attractive momentum pick for investors interested in long-term returns. The company has seen a strong increase in stock prices over the past year, and analysts expect that trend to continue. Skyline Champion offers a diversified portfolio of products, including manufactured homes, recreational vehicles, modular housing and related building materials. The company has a strong balance sheet with minimal debt, and its manufacturing operations are well-positioned to capitalize on increasing demand for housing.
Skyline Champion also has a strong focus on innovation and customer service, which has been beneficial in differentiating its products from competitors. Overall, the company is well-positioned for continued success in the coming years and should remain a top choice for investors seeking a momentum pick with long-term upside potential.
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