Skyline Champion Corporation (SKY) operates as a factory-built housing company in North America.
The company offers manufactured and modular homes, as well as park-models and modular buildings for the multi-family, hospitality, and senior and workforce housing sectors.
It builds homes under the brand names of Skyline Homes, Champion Home Builders, Athens Park Models, Dutch Housing, Excel Homes, Homes of Merit, New Era, Redman Homes, Shore Park, Silvercrest, Titan Homes in the U.S., and Moduline and SRI Homes in western Canada.
The company also operates a factory-direct retail business, Titan Factory Direct, with 21 retail locations in the southern United States. In addition, it provides transportation services to the manufactured housing and other industries.
On May 21st, Skyline (SKY) reported 4th Quarter March 2019 earnings of $0.26 per share on revenue of $327.7 million. The consensus earnings estimate was $0.21 per share on revenue of $348.5 million.
Shares have formed a bullish "cup and handle" since the earnings report. Higher share prices are expected for this stock.
Enrry Point: $25.00
Stop Loss: $22.50
Trading Range: $12.72 to $35.65
Target Price: $27.50
SKY closed at $27.50