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SKYChampion Homes, Inc.Hold5.7·$94.53-1.85%
HoldModerate Confidence
Investment thesis

Champion Homes has beaten earnings estimates in 3 of the last 4 quarters and ranks as an industry growth leader in residential construction, but the stock has reached its analyst price target with only 0.3% remaining upside, carries a high debt-to-equity ratio of 9.2x, and recently posted its worst quarter with a miss of negative 17%, making new entry unattractive.

Thesis pillars

  • Earnings Delivery Mixed Recent MissDeteriorating
  • High Leverage Constrains Financial FlexibilityDeteriorating
  • Price At Target Near Zero UpsideDeteriorating
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

Champion Homes, Inc. (SKY) Stock Analysis

HoldGrowthModerate Confidence

Consumer Cyclical · Residential Construction

Hold if already holding. Not a fresh buy at $94.53, but acceptable to hold if already in. Reasons: Concentration risk — Customer: independent distributors (75.0%); Analyst target reached - limited upside remaining.

Champion Homes, Inc. (formerly Skyline Champion Corporation) is a producer of factory-built housing in North America, reporting net sales of approximately $2.7 billion for the fiscal year ended March 28, 2026. The company operates 46 manufacturing facilities across 20 U.S.... Read more

$94.53-4.7% A.UpsideScore 5.7/10#3 of 19 Residential Construction
QualityF-score8 / 9FCF yield3.52%
Stop $87.91Target $108.71(default +15%)A.R:R -0.3:1
Analyst target$103.50+9.5%6 analysts
$108.71our TP
$94.53price
$103.50mean
$90
$115

Hold if already holding. Not a fresh buy at $94.53, but acceptable to hold if already in. Reasons: Concentration risk — Customer: independent distributors (75.0%); Analyst target reached - limited upside remaining. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Score 5.7/10, moderate confidence.

Passes 6/8 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 73d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-08-15
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Tue, Oct 27, 202673d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
Risks
Concentration risk — Customer: independent distributors (75.0%)
Analyst target reached - limited upside remaining
Near 52-week high (4.7% away)

Key Metrics

P/E (TTM)27.4
P/E (Fwd)22.6
Mkt Cap$5.2B
EV/EBITDA16.0
Profit Mgn7.2%
ROE12.6%
Rev Growth1.3%
Beta1.00
DividendNone
Rating analysts11

Quality Signals

Piotroski F8/9MoatNarrow

Options Flow

P/C1.07bearish
IV54%elevated

Concentration Risks(10-K Item 1A)

  • HIGHCustomerindependent distributors75%
    10-K Item 1A: 'Approximately 75% of our shipments of homes in fiscal 2026 were made to independent customers throughout the U.S. and western Canada.'

Material Events(8-K, last 90d)

  • 2026-06-03Item 5.02MEDIUM
    EVP Operations Joseph Kimmell will retire effective June 26, 2026, with a consulting agreement through August 31, 2026 for transition and one-third RSU vesting at its conclusion; the board also appointed Wade Lyall as Chief Sales Officer, John Kastanek as Chief Customer Experience Officer, and Andrew Houser as SVP Manufacturing, effective June 2, 2026.
    SEC filing →
  • 2026-06-01Item 5.02MEDIUM
    Tawn Kelley resigned as Board Chair and director effective May 31, 2026, with no disagreement over company operations, policies, or practices cited; the board appointed Michael Berman as Chair and Gary Robinette as Chair of the Nominating and Governance Committee, and reduced board size to six directors.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

10 dimensions · all in-band

GatesA.R:R -0.3=NEGATIVEExecutive change: officer departure/appointmentMomentum 6.9>=5.5Insider activity: OKNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 73d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Moderate
RSI
72 · Overbought
20D MA 50D MA 200D MAGOLDEN CROSSSupport $77.88Resistance $96.59

Price Targets

$88
$109
A.Upside-4.7%
A.R:R-0.3:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-4.7% upside)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-10-27 (73d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is SKY stock a buy right now?

Hold if already holding. Not a fresh buy at $94.53, but acceptable to hold if already in. Reasons: Concentration risk — Customer: independent distributors (75.0%); Analyst target reached - limited upside remaining. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Target $108.71 (+15.0%), stop $87.91 (−7.5%), A.R:R -0.3:1. Score 5.7/10, moderate confidence.

What is the SKY stock price target?

Take-profit target: $108.71 (-4.7% upside). Target $108.71 (+15.0%), stop $87.91 (−7.5%), A.R:R -0.3:1. Stop-loss: $87.91.

What are the risks of investing in SKY?

Concentration risk — Customer: independent distributors (75.0%); Analyst target reached - limited upside remaining; Near 52-week high (4.7% away).

Is SKY overvalued or undervalued?

Champion Homes, Inc. trades at a P/E of 27.4 (forward 22.6). TrendMatrix value score: 5.4/10. Verdict: Hold.

What do analysts say about SKY?

11 analysts cover SKY with a consensus score of 3.9/5. Average price target: $104.

What does Champion Homes, Inc. do?Champion Homes, Inc. (formerly Skyline Champion Corporation) is a producer of factory-built housing in North America,...

Champion Homes, Inc. (formerly Skyline Champion Corporation) is a producer of factory-built housing in North America, reporting net sales of approximately $2.7 billion for the fiscal year ended March 28, 2026. The company operates 46 manufacturing facilities across 20 U.S. states and three Canadian provinces, holding the number-two position in U.S. manufactured housing and the number-one position among U.S. modular builders. Approximately 75% of fiscal 2026 home shipments were sold through independent distributors rather than Champion's own 84 company-owned retail sales centers.

Related stocks: LEGH (Legacy Housing Corporation) · CVCO (Cavco Industries, Inc.) · IBP (Installed Building Products, In) · LGIH (LGI Homes, Inc.) · GRBK (Green Brick Partners, Inc.)
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