With 0.49 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.89 million shares. The 52-week range on SKY shows that it touched its highest point at $116.49 and its lowest point at $64.82 during that stretch. It currently has a 1-year price target of $103.67. Beta for the stock currently stands at 1.61.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SKY was down-trending over the past week, with a drop of -0.64%, but this was up by 12.80% over a month. Three-month performance surged to 2.93% while six-month performance rose 11.35%. The stock gained 24.11% in the past year, while it has gained 16.92% so far this year. A look at the trailing 12-month EPS for SKY yields 2.83 with Next year EPS estimates of 3.97. For the next quarter, that number is 0.78. This implies an EPS growth rate of 15.40% for this year and 9.17% for next year.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SKY since 4 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.267 being high and $3.13229 being low. For SKY, this leads to a yearly average estimate of $3.19514. Based on analyst estimates, the high estimate for the next quarter is $1.07 and the low estimate is $0.95. The average estimate for the next quarter is thus $1.0.
