At the time of writing, Hovnanian Enterprises, Inc [HOV] stock is trading at $139.32, down -0.88%. An important factor to consider is whether the stock is rising or falling in short-term value. The HOV shares have gain 18.45% over the last week, with a monthly amount drifted -5.35%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Hovnanian Enterprises, Inc [NYSE: HOV] stock has seen the most recent analyst activity on December 16, 2024, when Wedbush initiated its Neutral rating and assigned the stock a price target of $155. On October 09, 2018, upgrade upgraded it’s rating to Mkt Perform. MKM Partners downgraded its rating to a Sell but stick to its price target of $1.75 on December 22, 2017. JMP Securities downgraded its rating to a Mkt Underperform. MKM Partners reiterated a Neutral rating for this stock on June 03, 2016, and downed its price target to $1.75. In a note dated March 29, 2016, Deutsche Bank reiterated an Hold rating on this stock and revised its target price from $2.40 to $2.
For the past year, the stock price of Hovnanian Enterprises, Inc fluctuated between $115.90 and $240.34. Hovnanian Enterprises, Inc [NYSE: HOV] shares were valued at $139.32 at the most recent close of the market.
Analyzing the HOV fundamentals
According to Hovnanian Enterprises, Inc [NYSE:HOV], the company’s sales were 3.01B for trailing twelve months, which represents an 10.56% jump. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.35 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.23.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 135.46 points at the first support level, and at 131.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 145.06, and for the 2nd resistance point, it is at 150.79.
Ratios To Look Out For
It is important to note that Hovnanian Enterprises, Inc [NYSE:HOV] has a current ratio of 3.14. On the other hand, the Quick Ratio is 0.64, and the Cash Ratio is 0.46. Considering the valuation of this stock, the price to sales ratio is 0.28, the price to book ratio is 1.27 and price to earnings (TTM) ratio is 4.38.
Transactions by insiders
Recent insider trading involved Sellers Robin Stone, Director, that happened on Dec 09 ’24 when 290.0 shares were sold. Director, Sellers Robin Stone completed a deal on Dec 10 ’24 to sell 241.0 shares. Meanwhile, Director Sellers Robin Stone bought 241.0 shares on Dec 10 ’24.
