Hanover Bancorp Stock Buy Hold or Sell Recommendation
| HNVR Stock | USD 23.74 1.73 6.79% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Hanover Bancorp is 'Strong Buy'. A buy or sell recommendation provided by Macroaxis is an automated analysis based on historical performance and your stated risk tolerance. It serves as guidance on whether to purchase or sell Hanover Bancorp within the specified time frame.
Check out Hanover Bancorp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Hanover Stock, please use our How to Invest in Hanover Bancorp guide. Note, we conduct extensive research on individual companies such as Hanover and provide practical buy, sell, or hold advice based on investors' constraints. Hanover Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Hanover |
Execute Hanover Bancorp Buy or Sell Advice
The Hanover recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Hanover Bancorp. Macroaxis does not own or have any residual interests in Hanover Bancorp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Hanover Bancorp's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Hanover Bancorp Trading Alerts and Improvement Suggestions
| Hanover Bancorp has a poor financial position based on the latest SEC disclosures | |
| About 31.0% of the company shares are held by company insiders | |
| On 13th of November 2024 Hanover Bancorp paid $ 0.1 per share dividend to its current shareholders | |
| Latest headline from investing.com: Hanover Bancorp director Robert Golden sells 63,750 in stock |
Hanover Bancorp Returns Distribution Density
The distribution of Hanover Bancorp's historical returns is an attempt to chart the uncertainty of Hanover Bancorp's future price movements. The chart of the probability distribution of Hanover Bancorp daily returns describes the distribution of returns around its average expected value. We use Hanover Bancorp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Hanover Bancorp returns is essential to provide solid investment advice for Hanover Bancorp.
| Mean Return | 0.44 | Value At Risk | -1.93 | Potential Upside | 3.87 | Standard Deviation | 2.36 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Hanover Bancorp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Hanover Stock Institutional Investors
The Hanover Bancorp's institutional investors refer to entities that pool money to purchase Hanover Bancorp's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Blackrock Inc | 2024-06-30 | 13.6 K | Citigroup Inc | 2024-09-30 | 1.5 K | Barclays Plc | 2024-09-30 | 823 | U.s. Bancorp | 2024-06-30 | 300 | Capital Advisors, Ltd. Llc | 2024-09-30 | 100.0 | Bank Of America Corp | 2024-09-30 | 37.0 | Wells Fargo & Co | 2024-09-30 | 1.0 | Royal Bank Of Canada | 2024-09-30 | 0.0 | Tower Research Capital Llc | 2024-09-30 | 0.0 | Alliancebernstein L.p. | 2024-09-30 | 566.4 K | Banc Funds Co Llc | 2024-09-30 | 228.4 K |
Hanover Bancorp Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Investments | (3.7M) | 978K | (370.5M) | (256.4M) | (230.7M) | (219.2M) | |
| Change In Cash | (7.6M) | 86.3M | (16.6M) | 42.7M | 38.4M | 29.8M | |
| Depreciation | 1.3M | 1.5M | 1.7M | 3.4M | 3.9M | 4.1M | |
| Capital Expenditures | 1.1M | 2.1M | 1.1M | 3.4M | 3.9M | 2.0M | |
| Net Income | 5.0M | 10.9M | 23.6M | 15.2M | 17.4M | 12.3M | |
| Free Cash Flow | (527K) | 11.1M | 23.9M | 16.4M | 18.9M | 12.6M | |
| Other Non Cash Items | 166K | (3.8M) | (3.8M) | (5.3M) | (4.7M) | (4.5M) | |
| End Period Cash Flow | 80.2M | 166.5M | 149.9M | 192.6M | 221.5M | 149.0M |
Hanover Bancorp Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Hanover Bancorp or Banks sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Hanover Bancorp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Hanover stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.42 | |
β | Beta against Dow Jones | 0.35 | |
σ | Overall volatility | 2.34 | |
Ir | Information ratio | 0.17 |
Hanover Bancorp Volatility Alert
Hanover Bancorp currently demonstrates below-average downside deviation. It has Information Ratio of 0.17 and Jensen Alpha of 0.42. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Hanover Bancorp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Hanover Bancorp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Hanover Bancorp Fundamentals Vs Peers
Comparing Hanover Bancorp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Hanover Bancorp's direct or indirect competition across all of the common fundamentals between Hanover Bancorp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Hanover Bancorp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Hanover Bancorp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Hanover Bancorp by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Hanover Bancorp to competition |
| Fundamentals | Hanover Bancorp | Peer Average |
| Return On Equity | 0.078 | -0.31 |
| Return On Asset | 0.0066 | -0.14 |
| Profit Margin | 0.21 % | (1.27) % |
| Operating Margin | 0.30 % | (5.51) % |
| Current Valuation | 194.66 M | 16.62 B |
| Shares Outstanding | 7.15 M | 571.82 M |
| Shares Owned By Insiders | 30.94 % | 10.09 % |
| Shares Owned By Institutions | 24.20 % | 39.21 % |
| Number Of Shares Shorted | 4.82 K | 4.71 M |
| Price To Earning | 5.38 X | 28.72 X |
| Price To Book | 0.90 X | 9.51 X |
| Price To Sales | 2.65 X | 11.42 X |
| Revenue | 63.34 M | 9.43 B |
| Gross Profit | 65.68 M | 27.38 B |
| EBITDA | 1.77 M | 3.9 B |
| Net Income | 15.16 M | 570.98 M |
| Cash And Equivalents | 133.97 M | 2.7 B |
| Cash Per Share | 18.37 X | 5.01 X |
| Total Debt | 215.37 M | 5.32 B |
| Book Value Per Share | 25.95 X | 1.93 K |
| Cash Flow From Operations | 16.4 M | 971.22 M |
| Short Ratio | 0.29 X | 4.00 X |
| Earnings Per Share | 1.84 X | 3.12 X |
| Target Price | 25.5 | |
| Beta | -0.26 | -0.15 |
| Market Capitalization | 169.8 M | 19.03 B |
| Total Asset | 2.15 B | 29.47 B |
| Retained Earnings | 58.69 M | 9.33 B |
| Annual Yield | 0.02 % | |
| Net Asset | 2.15 B |
Note: Disposition of 2500 shares by Golden Robert of Hanover Bancorp at 25.5 subject to Rule 16b-3 [view details]
Hanover Bancorp Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Hanover . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Hanover Bancorp Buy or Sell Advice
When is the right time to buy or sell Hanover Bancorp? Buying financial instruments such as Hanover Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Hanover Stock Analysis
When running Hanover Bancorp's price analysis, check to measure Hanover Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hanover Bancorp is operating at the current time. Most of Hanover Bancorp's value examination focuses on studying past and present price action to predict the probability of Hanover Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanover Bancorp's price. Additionally, you may evaluate how the addition of Hanover Bancorp to your portfolios can decrease your overall portfolio volatility.