Hovnanian Enterprises Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $119.32
- Today's High:
- $124.85
- Open Price:
- $122.72
- 52W Low:
- $33.2
- 52W High:
- $127.99
- Prev. Close:
- $123.06
- Volume:
- 41633
Company Statistics
- Market Cap.:
- $657.84 million
- Book Value:
- 56.964
- Revenue TTM:
- $2.76 billion
- Operating Margin TTM:
- 9.18%
- Gross Profit TTM:
- $657.51 million
- Profit Margin:
- 5.96%
- Return on Assets TTM:
- 6.42%
- Return on Equity TTM:
- 40%
Company Profile
Hovnanian Enterprises Inc had its IPO on 1992-03-17 under the ticker symbol HOV.
The company operates in the Consumer Cyclical sector and Residential Construction industry. Hovnanian Enterprises Inc has a staff strength of 1,866 employees.
Stock update
Shares of Hovnanian Enterprises Inc opened at $122.72 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $119.32 - $124.85, and closed at $119.92.
This is a -2.55% slip from the previous day's closing price.
A total volume of 41,633 shares were traded at the close of the day’s session.
In the last one week, shares of Hovnanian Enterprises Inc have slipped by -4.33%.
Hovnanian Enterprises Inc's Key Ratios
Hovnanian Enterprises Inc has a market cap of $657.84 million, indicating a price to book ratio of 1.27 and a price to sales ratio of 0.0914.
In the last 12-months Hovnanian Enterprises Inc’s revenue was $2.76 billion with a gross profit of $657.51 million and an EBITDA of $261.77 million. The EBITDA ratio measures Hovnanian Enterprises Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Hovnanian Enterprises Inc’s operating margin was 9.18% while its return on assets stood at 6.42% with a return of equity of 40%.
In Q2.3333333333333, Hovnanian Enterprises Inc’s quarterly earnings growth was a negative -31.7% while revenue growth was a negative 15.3%.
Hovnanian Enterprises Inc’s PE and PEG Ratio
- Forward PE
- 2.4522
- Trailing PE
- 5.8516
- PEG
- 1.22
Its diluted EPS in the last 12-months stands at $21.03 per share while it has a forward price to earnings multiple of 2.4522 and a PEG multiple of 1.22. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Hovnanian Enterprises Inc’s profitability.
Hovnanian Enterprises Inc stock is trading at a EV to sales ratio of 0.5214 and a EV to EBITDA ratio of 4.1508. Its price to sales ratio in the trailing 12-months stood at 0.0914.
Hovnanian Enterprises Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $2.39 billion
- Total Liabilities
- $497.02 million
- Operating Cash Flow
- $-57960000.00
- Capital Expenditure
- $5.03 million
- Dividend Payout Ratio
- 0%
Hovnanian Enterprises Inc ended 2024 with $2.39 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.39 billion while shareholder equity stood at $482.48 million.
Hovnanian Enterprises Inc ended 2024 with $0 in deferred long-term liabilities, $497.02 million in other current liabilities, 70000.00 in common stock, $-251794000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $325.18 million and cash and short-term investments were $325.18 million. The company’s total short-term debt was $0 while long-term debt stood at $1.17 billion.
Hovnanian Enterprises Inc’s total current assets stands at $1.78 billion while long-term investments were $85.26 million and short-term investments were $0. Its net receivables were $33.02 million compared to accounts payable of $381.76 million and inventory worth $1.41 billion.
In 2024, Hovnanian Enterprises Inc's operating cash flow was $-57960000.00 while its capital expenditure stood at $5.03 million.
Comparatively, Hovnanian Enterprises Inc paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $119.92
- 52-Week High
- $127.99
- 52-Week Low
- $33.2
- Analyst Target Price
- $27
Hovnanian Enterprises Inc stock is currently trading at $119.92 per share. It touched a 52-week high of $127.99 and a 52-week low of $127.99. Analysts tracking the stock have a 12-month average target price of $27.
Its 50-day moving average was $104.74 and 200-day moving average was $76.65 The short ratio stood at 4.43 indicating a short percent outstanding of 0%.
Around 1321.1% of the company’s stock are held by insiders while 4686.5% are held by institutions.
Frequently Asked Questions About Hovnanian Enterprises Inc
Similar Industry Stocks (Residential Construction)
Most Active
Top Gainers
Top Losers
About
Hovnanian Enterprises, Inc. designs, constructs, markets, and sells 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 clubhouses, 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.