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Skyline Champion (NYSE:SKY - Get Rating) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating in a report released on Thursday.

A number of other research firms also recently issued reports on SKY. Craig Hallum upped their target price on shares of Skyline Champion to $76.00 in a research report on Tuesday, August 9th. Barclays boosted their price target on Skyline Champion from $70.00 to $74.00 and gave the stock an "overweight" rating in a report on Thursday, August 4th. Royal Bank of Canada boosted their price target on Skyline Champion from $58.00 to $72.00 in a report on Thursday, August 4th. Finally, Wedbush upgraded Skyline Champion from a "neutral" rating to an "outperform" rating and set a $70.00 target price on the stock in a report on Thursday, July 7th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, Skyline Champion currently has an average rating of "Buy" and an average price target of $73.00.Skyline Champion Stock Up 0.2 %

SKY stock traded up $0.10 during trading hours on Thursday, hitting $66.09. The company's stock had a trading volume of 222,469 shares, compared to its average volume of 527,089. The company has a quick ratio of 1.66, a current ratio of 2.45 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $3.76 billion, a PE ratio of 11.76 and a beta of 1.98. Skyline Champion has a 12 month low of $43.04 and a 12 month high of $85.92. The stock has a 50 day moving average price of $56.27 and a two-hundred day moving average price of $58.70.

Skyline Champion (NYSE:SKY - Get Rating) last released its earnings results on Tuesday, August 2nd. The company reported $2.04 EPS for the quarter, beating the consensus estimate of $1.58 by $0.46. The firm had revenue of $725.88 million during the quarter, compared to analysts' expectations of $688.65 million. Skyline Champion had a net margin of 13.30% and a return on equity of 40.73%. On average, equities research analysts expect that Skyline Champion will post 5.96 earnings per share for the current year. Insider Transactions at Skyline Champion

In related news, Director Erin Mulligan Nelson sold 6,508 shares of the stock in a transaction on Thursday, May 26th. The stock was sold at an average price of $52.83, for a total value of $343,817.64. Following the completion of the sale, the director now directly owns 1,750 shares of the company's stock, valued at approximately $92,452.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, Director Erin Mulligan Nelson sold 6,508 shares of the stock in a transaction on Thursday, May 26th. The stock was sold at an average price of $52.83, for a total value of $343,817.64. Following the completion of the sale, the director now directly owns 1,750 shares of the company's stock, valued at approximately $92,452.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Joseph A. Kimmell sold 5,921 shares of the stock in a transaction on Friday, August 5th. The shares were sold at an average price of $66.71, for a total value of $394,989.91. Following the completion of the sale, the executive vice president now directly owns 38,813 shares of the company's stock, valued at $2,589,215.23. The disclosure for this sale can be found here. 7.10% of the stock is owned by insiders. Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of SKY. American Century Companies Inc. grew its stake in Skyline Champion by 46.7% in the 1st quarter. American Century Companies Inc. now owns 1,829,025 shares of the company's stock valued at $100,377,000 after purchasing an additional 582,173 shares during the period. Burgundy Asset Management Ltd. bought a new position in shares of Skyline Champion during the 2nd quarter worth $26,242,000. Millennium Management LLC grew its stake in shares of Skyline Champion by 160.9% during the 2nd quarter. Millennium Management LLC now owns 818,034 shares of the company's stock worth $38,791,000 after acquiring an additional 504,522 shares during the period. Neumeier Poma Investment Counsel LLC purchased a new stake in Skyline Champion during the 1st quarter worth about $21,572,000. Finally, Wellington Management Group LLP raised its holdings in shares of Skyline Champion by 6.1% in the 1st quarter. Wellington Management Group LLP now owns 5,864,485 shares of the company's stock valued at $321,842,000 after acquiring an additional 335,974 shares in the last quarter. Institutional investors own 98.48% of the company's stock. Skyline Champion Company Profile (Get Rating)

Skyline Champion Corporation produces and sells factory-built housing in North America. The company offers manufactured and modular homes, park models RVs, accessory dwelling units, and modular buildings for the multi-family and hospitality sectors. It builds homes under the Skyline Homes, Champion Home Builders, Genesis Homes, Athens Park Models, Dutch Housing, Atlantic Homes, Excel Homes, Homes of Merit, New Era, Redman Homes, ScotBilt Homes, Shore Park, Silvercrest, and Titan Homes brands in the United States; and Moduline and SRI Homes brand names in western Canada.Read MoreGet a free copy of the StockNews.com research report on Skyline Champion (SKY)Starbucks Stock, Is Brand Loyalty Enough Reason to BuyBJ’s Wholesale Club Pops, Will Costco Be Next?Why Blue-Chip Tech Like Cisco Systems Is ReboundingWhy Micron Stock Could Be About To Breakout Which Semiconductor Stocks Are Ready For Big Price Moves?

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