Barclays Cuts Champion Homes (SKY) PT to $72, Maintains Equal Weight Rating
From Yahoo Finance: 2025-05-28 13:16:00
Barclays analyst Matthew Bouley reduced Champion Homes Inc. (NYSE:SKY) price target to $72 from $97, maintaining an Equal Weight rating due to challenging demand, potentially impacting margins in the short term.
Champion Homes saw a 23% increase in FY2025 sales to $2.5 billion, with FQ4 2025 revenue at $594 million. The company sold 26,000 homes, a 19% growth. Expansion efforts include acquiring Iseman Homes and introducing new turnkey homes at the International Builders’ Show.
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Barclays Cuts Champion Homes (SKY) PT to $72, Maintains Equal Weight Rating
In FY2025, Champion Homes had sales of $2.5 billion, an increase of 23% year-over-year, with 26,000 homes sold, marking a 19% growth. The company experienced challenges from tariffs, inflation, and market uncertainties.
Champion Homes Expands Retail Presence, Faces Market Challenges
Champion Homes’ revenue growth is impacted by consumer shifts, input cost increases, and softening utilization. Expansion efforts include acquiring Iseman Homes and introducing new turnkey homes, but challenges persist due to market unpredictability.
Read more: Barclays Cuts Champion Homes (SKY) PT to $72, Maintains Equal Weight Rating