Skip to main content

Barclays Keeps Their Buy Rating on Champion Homes (SKY)

Tipranks - Fri Jan 16, 4:00AM CST

In a report released today, Matthew Bouley from Barclays maintained a Buy rating on Champion Homes, with a price target of $111.00.

Claim 70% Off TipRanks Premium

Bouley covers the Industrials sector, focusing on stocks such as Fortune Brands Innovations, Builders Firstsource, and Owens Corning. According to TipRanks, Bouley has an average return of 15.2% and a 63.27% success rate on recommended stocks.

Champion Homes has an analyst consensus of Strong Buy, with a price target consensus of $99.33.

Based on Champion Homes’ latest earnings release for the quarter ending September 27, the company reported a quarterly revenue of $684.43 million and a net profit of $58.2 million. In comparison, last year the company earned a revenue of $616.88 million and had a net profit of $54.73 million

Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SKY in relation to earlier this year. Last month, Timothy A. Burkhardt, the VP & Controller of SKY sold 12,183.00 shares for a total of $1,064,873.21.

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.