How to Buy Skyline Champion Stock
Skyline Champion Corp
Skyline Champion is a construction company located in Michigan, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker SKY on the NYSE exchange.
Skyline Champion stock last closed at $76.35, up 1.31% from the previous day, and has increased 8.39% in one year. It has underperformed other stocks in the Residential Construction industry by 0.29 percentage points. Skyline Champion stock is currently +46.49% from its 52-week low of $52.12, and -11.95% from its 52-week high of $86.71.
As of Apr 26, 2024, there are 57.75M shares of SKY outstanding. The market cap of SKY is $4.41B. In the past 24 hours, 190,646 SKY shares were traded.
How to Buy Skyline Champion Stock
Not sure how to invest in Skyline Champion stock? Here's how.
- Figure out where to buy Skyline Champion stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you decide where to buy Skyline Champion stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Pick your payment method and add your details.
- Analyze Skyline Champion stock: The Skyline Champion ticker symbol is SKY. Is Skyline Champion stock a good investment? Should you buy shares of SKY? How do SKY's underlying business fundamentals look? Do top analysts think Skyline Champion is a good buy? Why has SKY's stock price moved recently? (Hint: Our stock market research tools can help you understand if SKY is a good stock to buy).
- Make your SKY trade: Decide if you will purchase SKY shares at the current market price or use a limit order to buy SKY shares at a specific price.
- Get the latest scoop on your investment in SKY: Create a watchlist to keep tabs on your position in Skyline Champion stock.
Step 1: Figure out where to buy Skyline Champion stock
You will need an online brokerage account to access the NYSE market and buy SKY shares.
Our favorite brokerage: eToro
Based on our experience, eToro is the best brokerage. Here's why:
- You can invest in stocks with zero commissions: Invest without commissions.
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- Social investing: eToro offers a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal info so you can buy SKY stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to open your new brokerage account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have finished signing up on one of the best stock trading apps, you need to deposit funds:
Watch the walkthrough below if you need help depositing money into your investment account.
Step 4: Analyze Skyline Champion stock
Once you have figured out the best place to buy Skyline Champion stock, it's important to research their stock prior to investing, so you truly comprehend the risk as well as the upside.
Skyline Champion Metrics
Skyline Champion Zen Score
WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on SKY's stock page.
Is SKY stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SKY's fair value.
Using relative valuations methods:
- SKY could be overvalued based on its P/E ratio of 21.69x, relative to Residential Construction industry P/E ratio of 11.37x
- SKY may be overvalued based on its P/B ratio of 3.1x, relative to Residential Construction industry P/B ratio of 1.95x
- SKY could be undervalued based on its PEG ratio of 0.89x
You can access more valuation analysis on SKY's stock here.
SKY Financial Summary
Passed Financial Due Diligence Checks:
- Total SKY debt is lower than 5 years ago, relative to shareholder equity.
- SKY has a low debt to equity ratio of 0.32.
- SKY's operating cash flow of $270.80M allows it to safely service it's debt of $24.66M.
- SKY earnings of $266.44M is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the SKY balance sheet.
- There are more short-term assets than long-term liabilities on the SKY balance sheet.
Failed Financial Due Diligence Checks:
- SKY profit margin has gone down from 15.6% to 10.2% in the past year.
Is it a good time to buy SKY stock, according to analysts?
Out of 3 Wall Street analysts who give forecasts on SKY, the consensus analyst rating on SKY is a Hold
Please note that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Skyline Champion stock forecast page.
Metrics for Advanced SKY Traders
How are SKY Revenues/Earnings doing?
Last year, SKY earnings were $201.65M. During the last four year, SKY's earnings have gone up by 33.45% per year. This was faster than the Residential Construction industry average of 23.84%.
Last year, SKY revenue was $1.98B. Over the last 5 year, SKY's revenue has gone up by 8.8% per year. This was slower than the Residential Construction industry average of 12.09%.
Find out more about SKY's earnings and revenue performance here.
Are SKY executives and large shareholders buying or selling the stock?
In the last 12 months, insiders at SKY have bought more shares than they have sold.
Timothy A. Burkhardt, VP Controller of SKY, was the latest SKY insider to buy. They bought $403,117.42 worth of SKY shares on Mar 29, 2024.
Get more info about who owns SKY shares here.
Can I rely on SKY as an income stream?
No, Skyline Champion doesn't provide an income stream by paying out dividends.
SKY Social Trading Data
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your SKY trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount, place a limit order.
Press the Open Trade button and your broker will execute your order.
If you want additional help investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your investment in SKY
Now that you own some SKY stock, you'll want to keep up with your stock purchase.
Add SKY to a watchlist to track the latest developments regarding your SKY stock.
SKY Feed
How to Buy Stock in Skyline Champion
To summarize, here are the 6 steps you need to take to buy Skyline Champion stock right now:
- Figure out where to buy Skyline Champion stock
- Sign up for a brokerage account
- Deposit money your investment account
- Analyze Skyline Champion stock
- Make your SKY trade
- Get the latest scoop on your investment in SKY
If you are looking for a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep track of your investment in Skyline Champion, add SKY to your watchlist below.
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