Hovnanian Enterprises, Inc. (HOV): Price and Financial Metrics


Hovnanian Enterprises, Inc. (HOV)

Today's Latest Price: $21.57 USD

0.39 (-1.78%)

Updated Jul 2 10:51am

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 21 in Homebuilders

See all "A" rated Strong Buy stocks

HOV Stock Summary

  • The capital turnover (annual revenue relative to shareholder's equity) for HOV is -4.49 -- better than only 3.29% of US stocks.
  • With a price/sales ratio of 0.06, Hovnanian Enterprises Inc has a higher such ratio than just 2.83% of stocks in our set.
  • HOV's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of merely 3.76% of US stocks.
  • If you're looking for stocks that are quantitatively similar to Hovnanian Enterprises Inc, a group of peers worth examining would be PMTS, COOP, GOL, PBH, and CPAC.
  • HOV's SEC filings can be seen here. And to visit Hovnanian Enterprises Inc's official web site, go to www.khov.com.
HOV Daily Price Range
HOV 52-Week Price Range

HOV Stock Price Chart Technical Analysis Charts


HOV Price/Volume Stats

Current price $21.57 52-week high $32.90
Prev. close $21.96 52-week low $5.12
Day low $21.46 Volume 92,781
Day high $23.40 Avg. volume 216,688
50-day MA $17.32 Dividend yield N/A
200-day MA $20.07 Market Cap 132.25M

Hovnanian Enterprises, Inc. (HOV) Company Bio


Hovnanian Enterprises designs, constructs, markets, and sells residential homes in the United States. The company was founded in 1959 and is based in Red Bank, New Jersey.

HOV Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target:Forecasted Gain:
$21.57$1.22-94%

We started the process of determining a valid price forecast for Hovnanian Enterprises Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Hovnanian Enterprises Inc ranked in the 9th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 94%. The most interesting components of our discounted cash flow analysis for Hovnanian Enterprises Inc ended up being:

  • In the past 3.74 years, Hovnanian Enterprises Inc has a compound free cash flow growth rate of -0.42%; that's higher than only 2.97% of free cash flow generating stocks in the Consumer Cyclical sector.
  • 6% of the company's capital comes from equity, which is greater than only 2.31% of stocks in our cash flow based forecasting set.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-94%
1%-94%
2%-94%
3%-94%
4%-94%
5%-94%

For other companies in the Consumer Cyclical that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as HOV, try BXG, MLCO, QUOT, SBUX, and BLBD.


HOV Latest News Stream


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Latest HOV News From Around the Web

Below are the latest news stories about Hovnanian Enterprises Inc that investors may wish to consider to help them evaluate HOV as an investment opportunity.

Edited Transcript of HOV earnings conference call or presentation 4-Jun-20 3:00pm GMT

Q2 2020 Hovnanian Enterprises Inc Earnings Call

Yahoo | June 25, 2020

Mortgage Market Sends Wrong Message

(Bloomberg Opinion) -- The Covid-19 pandemic arrested the plans of millions of Americans to purchase a home. But what if you lock someone down in a home they had already mentally moved out of? Might they pour their energy into touring homes online to produce a short list of targets? And might they get preapproved for a mortgage so it’s a simple matter of income verification once the economy reopened and they’d submitted an offer on a home?Of course they would, which helps explain the huge surge in the Mortgage Bankers Association of America’s index tracking applications for loans to buy homes. That gauge has risen for nine straight weeks to reach its highest level since the start of 2009, which defies logic when you consider that more than 44 million Americans have filed for unemploymen...

Yahoo | June 17, 2020

Homebuilders, mortgage REITs slump in low rate environment

Persistently low mortgage rates aren't helping homebuilders in today's session, with the iShares U.S. Home Construction ETF sinking 6.5%.The decline comes even as homebuyer demand continued to rebound this week. The 30-year fixed-rate mortgage averaged 3.21% for the week ending June 11, up slightly from 3.18% a week earlier and down...

Seeking Alpha | June 11, 2020

Hovnanian Enterprises, Inc. (HOV): Hedge Funds Cashing Out

In this article you are going to find out whether hedge funds think Hovnanian Enterprises, Inc. (NYSE:HOV) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks […]

Yahoo | June 10, 2020

Hovnanian Enterprises Reports Fiscal 2020 Second Quarter Results

22% Year-over-Year Increase in Total Revenues120 Basis Point Year-over-Year Improvement in Gross Margin PercentageConsolidated Contracts per Community Grew 8% Year-over-Year.

Yahoo | June 4, 2020

Read More 'HOV' Stories Here

HOV Price Returns

1-mo 23.33%
3-mo 234.94%
6-mo 3.01%
1-year 160.19%
3-year -70.15%
5-year -66.82%
YTD 3.35%
2019 22.76%
2018 -79.70%
2017 22.71%
2016 50.83%
2015 -56.17%

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