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Hovnanian Enterprises, Inc is a residential construction business based in the US. Hovnanian Enterprises shares (HOV) are listed on the NYSE and all prices are listed in US Dollars. Hovnanian Enterprises employs 1,697 staff and has a trailing 12-month revenue of around USD$2.3 billion.
|Latest market close||USD$36.15|
|52-week range||USD$5.12 - USD$42.47|
|50-day moving average||USD$37.5524|
|200-day moving average||USD$30.8858|
|Wall St. target price||USD$27|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$7.03|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-15)||5.18%|
|1 month (2020-12-23)||1.57%|
|3 months (2020-10-23)||10.55%|
|6 months (2020-07-23)||61.60%|
|1 year (2020-01-23)||15.61%|
|2 years (2019-01-23)||5,925.00%|
|3 years (2018-01-23)||1,301.16%|
|5 years (2016-01-22)||2,262.75%|
Valuing Hovnanian Enterprises stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Hovnanian Enterprises's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Hovnanian Enterprises's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 5x. In other words, Hovnanian Enterprises shares trade at around 5x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Hovnanian Enterprises's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.22. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Hovnanian Enterprises's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Hovnanian Enterprises's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$143.4 million.
The EBITDA is a measure of a Hovnanian Enterprises's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$2.3 billion|
|Operating margin TTM||5.89%|
|Gross profit TTM||USD$381 million|
|Return on assets TTM||4.66%|
|Return on equity TTM||0%|
|Market capitalisation||USD$222.2 million|
TTM: trailing 12 months
There are currently 562,562 Hovnanian Enterprises shares held short by investors – that's known as Hovnanian Enterprises's "short interest". This figure is 15.8% down from 668,170 last month.
There are a few different ways that this level of interest in shorting Hovnanian Enterprises shares can be evaluated.
Hovnanian Enterprises's "short interest ratio" (SIR) is the quantity of Hovnanian Enterprises shares currently shorted divided by the average quantity of Hovnanian Enterprises shares traded daily (recently around 137882.84313725). Hovnanian Enterprises's SIR currently stands at 4.08. In other words for every 100,000 Hovnanian Enterprises shares traded daily on the market, roughly 4080 shares are currently held short.
However Hovnanian Enterprises's short interest can also be evaluated against the total number of Hovnanian Enterprises shares, or, against the total number of tradable Hovnanian Enterprises shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Hovnanian Enterprises's short interest could be expressed as 0.09% of the outstanding shares (for every 100,000 Hovnanian Enterprises shares in existence, roughly 90 shares are currently held short) or 0.1118% of the tradable shares (for every 100,000 tradable Hovnanian Enterprises shares, roughly 112 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Hovnanian Enterprises.
Find out more about how you can short Hovnanian Enterprises stock.
We're not expecting Hovnanian Enterprises to pay a dividend over the next 12 months.
Hovnanian Enterprises's shares were split on a 1:25 basis on 29 March 2019. So if you had owned 25 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Hovnanian Enterprises shares – just the quantity. However, indirectly, the new 2400% higher share price could have impacted the market appetite for Hovnanian Enterprises shares which in turn could have impacted Hovnanian Enterprises's share price.
Over the last 12 months, Hovnanian Enterprises's shares have ranged in value from as little as $5.12 up to $42.47. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Hovnanian Enterprises's is 2.6451. This would suggest that Hovnanian Enterprises's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Hovnanian Enterprises, Inc. engages in the design, construction, marketing, and sale of residential homes in the United States. It offers single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes with amenities, such as club houses, swimming pools, tennis courts, tot lots, and open areas. The company markets and builds homes for first-time buyers, first-time and second-time move-up buyers, luxury buyers, active lifestyle buyers, and empty nesters. It also provides mortgage loans and title insurance services. The company was founded in 1959 and is headquartered in Matawan, New Jersey.
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