Wedbush Analysts Lower Earnings Estimates for Champion Homes

Key Points

• Wedbush analysts have reduced their Q2 2026 earnings estimates for Champion Homes from $0.95 to $0.81 per share, while the consensus for the full year stands at $3.63 per share.
• Champion Homes' recent earnings report showed a net margin of 8.50% and a revenue increase of 11.7% year-over-year, with earnings of $1.19 per share exceeding estimates.
• A stock buyback plan worth $50 million was approved by Champion Homes' Board of Directors, reflecting a belief that the stock is undervalued.

Champion Homes, Inc. (NYSE:SKY - Free Report) - Equities researchers at Wedbush cut their Q2 2026 EPS estimates for Champion Homes in a report released on Friday, August 8th. Wedbush analyst J. Mccanless now anticipates that the company will post earnings of $0.81 per share for the quarter, down from their prior estimate of $0.95. The consensus estimate for Champion Homes' current full-year earnings is $3.63 per share. Wedbush also issued estimates for Champion Homes' Q3 2026 earnings at $0.78 EPS, Q4 2026 earnings at $0.74 EPS, Q2 2027 earnings at $0.89 EPS, Q3 2027 earnings at $0.86 EPS, Q4 2027 earnings at $0.83 EPS and FY2027 earnings at $3.56 EPS.

Champion Homes (NYSE:SKY - Get Free Report) last posted its earnings results on Tuesday, August 5th. The company reported $1.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.88 by $0.31. Champion Homes had a net margin of 8.50% and a return on equity of 14.35%. The company had revenue of $701.32 million during the quarter, compared to analysts' expectations of $642.18 million. During the same quarter in the previous year, the company posted $0.91 earnings per share. Champion Homes's quarterly revenue was up 11.7% compared to the same quarter last year.

A number of other research firms have also recently issued reports on SKY. Royal Bank Of Canada lifted their target price on shares of Champion Homes from $82.00 to $85.00 and gave the company a "sector perform" rating in a research note on Thursday. Zelman & Associates upgraded shares of Champion Homes from a "strong sell" rating to a "hold" rating in a research note on Thursday, June 5th. Finally, Barclays boosted their price objective on shares of Champion Homes from $72.00 to $74.00 and gave the stock an "equal weight" rating in a research report on Thursday. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $86.00.

Champion Homes Stock Performance

NYSE:SKY opened at $66.06 on Monday. Champion Homes has a 1 year low of $59.44 and a 1 year high of $116.49. The firm has a 50 day moving average of $64.60 and a 200-day moving average of $82.06. The company has a current ratio of 2.39, a quick ratio of 1.59 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $3.78 billion, a P/E ratio of 17.57 and a beta of 1.13.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd raised its position in shares of Champion Homes by 10,171.4% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 719 shares of the company's stock valued at $45,000 after acquiring an additional 712 shares during the last quarter. Byrne Asset Management LLC bought a new stake in shares of Champion Homes during the 2nd quarter valued at $48,000. Blue Trust Inc. raised its position in shares of Champion Homes by 49.8% during the 2nd quarter. Blue Trust Inc. now owns 900 shares of the company's stock valued at $56,000 after acquiring an additional 299 shares during the last quarter. Sterling Capital Management LLC raised its position in shares of Champion Homes by 645.5% during the 4th quarter. Sterling Capital Management LLC now owns 917 shares of the company's stock valued at $81,000 after acquiring an additional 794 shares during the last quarter. Finally, AlphaQuest LLC raised its position in shares of Champion Homes by 1,231.3% during the 1st quarter. AlphaQuest LLC now owns 852 shares of the company's stock valued at $81,000 after acquiring an additional 788 shares during the last quarter.

Champion Homes announced that its Board of Directors has approved a stock repurchase plan on Friday, May 30th that allows the company to buyback $50.00 million in shares. This buyback authorization allows the company to reacquire up to 1.3% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board believes its stock is undervalued.

About Champion Homes

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.

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