Skyline Stock Analysis

SKY Stock  USD 75.49  2.13  2.74%   
Skyline is overvalued with Real Value of 68.57 and Target Price of 73.0. The main objective of Skyline stock analysis is to determine its intrinsic value, which is an estimate of what Skyline is worth, separate from its market price. There are two main types of Skyline's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Skyline's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Skyline's stock to identify patterns and trends that may indicate its future price movements.
The Skyline stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Skyline is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Skyline Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Skyline's ongoing operational relationships across important fundamental and technical indicators.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skyline. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Skyline Stock please use our How to Invest in Skyline guide.

Skyline Stock Analysis Notes

About 98.0% of the company shares are owned by institutional investors. The book value of Skyline was at this time reported as 24.67. The company last dividend was issued on the 24th of May 2018. Skyline Champion Corporation produces and sells factory-built housing in North America. The company was founded in 2010 and is headquartered in Troy, Michigan. Skyline Corp operates under Residential Construction classification in the United States and is traded on New York Stock Exchange. It employs 8700 people. To find out more about Skyline contact Richard Florea at 248 614 8211 or learn more at https://ir.skylinechampion.com.

Skyline Quarterly Total Revenue

559.46 Million

Skyline Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Skyline's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Skyline or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Over 98.0% of the company shares are owned by institutional investors
Latest headline from aol.com: City touts sustainable projects near Skyline

Skyline Upcoming and Recent Events

Earnings reports are used by Skyline to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Skyline previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
5th of February 2024
Upcoming Quarterly Report
View
4th of June 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
4th of June 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of March 2023
Last Financial Announcement
View

Skyline Largest EPS Surprises

Earnings surprises can significantly impact Skyline's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2018-11-05
2018-09-300.190.230.0421 
1993-09-17
1993-06-300.230.270.0417 
2019-02-05
2018-12-310.220.270.0522 
View All Earnings Estimates

Skyline Thematic Classifications

In addition to having Skyline stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Construction Materials Idea
Construction Materials
USA Equities from Construction Materials industry as classified by Fama & French

Skyline Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Skyline is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Skyline backward and forwards among themselves. Skyline's institutional investor refers to the entity that pools money to purchase Skyline's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
William Blair Investment Management, Llc2023-12-31
1.2 M
Geode Capital Management, Llc2023-12-31
1.2 M
Fmr Inc2023-12-31
1.2 M
Alliancebernstein L.p.2023-12-31
1.2 M
Ameriprise Financial Inc2023-12-31
1.1 M
Silvercrest Asset Management Group Llc2023-12-31
958.9 K
Burgundy Asset Management Ltd2023-12-31
736.5 K
Vaughan Nelson Scarbrgh & Mccullough Lp2023-12-31
703.2 K
Charles Schwab Investment Management Inc2023-12-31
573.6 K
Wellington Management Company Llp2023-12-31
M
Vanguard Group Inc2023-12-31
5.4 M
Note, although Skyline's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Skyline Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 4.48 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Skyline's market, we take the total number of its shares issued and multiply it by Skyline's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Skyline Profitablity

Skyline's profitability indicators refer to fundamental financial ratios that showcase Skyline's ability to generate income relative to its revenue or operating costs. If, let's say, Skyline is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Skyline's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Skyline's profitability requires more research than a typical breakdown of Skyline's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.1 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.1 %, which entails that for every 100 dollars of revenue, it generated $0.1 of operating income.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.21)(0.20)
Return On Capital Employed(0.11)(0.10)
Return On Assets(0.21)(0.20)
Return On Equity(0.45)(0.42)

Management Efficiency

Skyline has Return on Asset of 0.0873 % which means that on every $100 spent on assets, it made $0.0873 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1554 %, implying that it generated $0.1554 on every 100 dollars invested. Skyline's management efficiency ratios could be used to measure how well Skyline manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to -0.2 in 2024. Return On Capital Employed is likely to rise to -0.1 in 2024. At this time, Skyline's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 627 M in 2024, whereas Other Current Assets are likely to drop slightly above 23.3 M in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 2.79  2.65 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share 2.79  2.65 
Enterprise Value Over EBITDA 0.14  0.13 
Price Book Value Ratio 1.16  1.37 
Enterprise Value Multiple 0.14  0.13 
Price Fair Value 1.16  1.37 
Enterprise Value30.3 M28.8 M
The analysis of Skyline's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Skyline's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Skyline Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta
1.522

Technical Drivers

As of the 25th of April, Skyline has the Coefficient Of Variation of 1848.91, semi deviation of 2.62, and Risk Adjusted Performance of 0.0415. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Skyline, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to collect data for nineteen technical drivers for Skyline, which can be compared to its competition. Please validate Skyline market risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Skyline is priced more or less accurately, providing market reflects its prevalent price of 75.49 per share. Given that Skyline has jensen alpha of 0.1115, we advise you to double-check Skyline's current market performance to make sure the company can sustain itself at a future point.

Skyline Price Movement Analysis

The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Skyline middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Skyline. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Skyline Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Skyline insiders, such as employees or executives, is commonly permitted as long as it does not rely on Skyline's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Skyline insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Skyline Predictive Daily Indicators

Skyline intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Skyline stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Skyline Corporate Filings

8K
19th of April 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
4th of April 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
2nd of April 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
22nd of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
13A
12th of February 2024
An amended filing to the original Schedule 13G
ViewVerify
13A
9th of February 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
13A
8th of February 2024
An amended filing to the original Schedule 13G
ViewVerify
10Q
6th of February 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify

Skyline Forecast Models

Skyline's time-series forecasting models are one of many Skyline's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Skyline's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Skyline Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Skyline prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Skyline shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Skyline. By using and applying Skyline Stock analysis, traders can create a robust methodology for identifying Skyline entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.02)(0.02)
Operating Profit Margin(0.02)(0.02)
Net Loss(0.06)(0.05)
Gross Profit Margin 0.09  0.11 

Current Skyline Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Skyline analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Skyline analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
73.0Buy7Odds
Skyline current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Skyline analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Skyline stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Skyline, talking to its executives and customers, or listening to Skyline conference calls.
Skyline Analyst Advice Details

Skyline Stock Analysis Indicators

Skyline stock analysis indicators help investors evaluate how Skyline stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Skyline shares will generate the highest return on investment. By understating and applying Skyline stock analysis, traders can identify Skyline position entry and exit signals to maximize returns.
Begin Period Cash Flow435.4 M
Long Term Debt12.4 M
Common Stock Shares Outstanding57.4 M
Total Stockholder Equity1.2 B
Total Cashflows From Investing Activities-61.2 M
Tax Provision132.1 M
Quarterly Earnings Growth Y O Y-0.438
Property Plant And Equipment Net177.1 M
Cash And Short Term Investments747.5 M
Cash747.5 M
Accounts Payable44.7 M
Net Debt-735 M
50 Day M A81.0988
Total Current Liabilities248.9 M
Other Operating Expenses2.1 B
Non Current Assets Total519.3 M
Forward Price Earnings25.7732
Common Stock Total Equity1.6 M
Non Currrent Assets Other82.8 M
Stock Based Compensation14.2 M
When determining whether Skyline offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Skyline's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Skyline Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Skyline Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skyline. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Skyline Stock please use our How to Invest in Skyline guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for Skyline Stock analysis

When running Skyline's price analysis, check to measure Skyline's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Skyline is operating at the current time. Most of Skyline's value examination focuses on studying past and present price action to predict the probability of Skyline's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skyline's price. Additionally, you may evaluate how the addition of Skyline to your portfolios can decrease your overall portfolio volatility.
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Is Skyline's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Skyline. If investors know Skyline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Skyline listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.44)
Earnings Share
3.49
Revenue Per Share
34.555
Quarterly Revenue Growth
(0.04)
Return On Assets
0.0873
The market value of Skyline is measured differently than its book value, which is the value of Skyline that is recorded on the company's balance sheet. Investors also form their own opinion of Skyline's value that differs from its market value or its book value, called intrinsic value, which is Skyline's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Skyline's market value can be influenced by many factors that don't directly affect Skyline's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Skyline's value and its price as these two are different measures arrived at by different means. Investors typically determine if Skyline is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skyline's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.