Is Hovnanian Enterprises Stock a Good Investment?
Hovnanian Enterprises Investment Advice | HOV |
- Examine Hovnanian Enterprises' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Hovnanian Enterprises' leadership team and their track record. Good management can help Hovnanian Enterprises navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Household Durables space and any emerging trends that could impact Hovnanian Enterprises' business and its evolving consumer preferences.
- Compare Hovnanian Enterprises' performance and market position to its competitors. Analyze how Hovnanian Enterprises is positioned in terms of product offerings, innovation, and market share.
- Check if Hovnanian Enterprises pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Hovnanian Enterprises' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Hovnanian Enterprises stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Hovnanian Enterprises is a good investment.
Sell | Buy |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Hovnanian Enterprises Stock
Researching Hovnanian Enterprises' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 69.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.99. Some equities with similar Price to Book (P/B) outperform the market in the long run. Hovnanian Enterprises has Price/Earnings To Growth (PEG) ratio of 1.22. The entity recorded earning per share (EPS) of 32.05. The firm last dividend was issued on the 29th of March 2019. Hovnanian Enterprises had 1:25 split on the 29th of March 2019.
To determine if Hovnanian Enterprises is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Hovnanian Enterprises' research are outlined below:
| Hovnanian Enterprises generated a negative expected return over the last 90 days | |
| Hovnanian Enterprises has high historical volatility and very poor performance | |
| Hovnanian Enterprises is unlikely to experience financial distress in the next 2 years | |
| About 69.0% of the company shares are owned by institutional investors | |
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Hovnanian Enterprises uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Hovnanian Enterprises. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Hovnanian Enterprises' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View |
Earnings surprises can significantly impact Hovnanian Enterprises' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Hovnanian Enterprises' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2017-09-07 | 2017-07-31 | -0.18 | -0.25 | -0.07 | 38 | ||
2017-06-02 | 2017-04-30 | -0.87 | -1.0 | -0.13 | 14 | ||
2018-06-07 | 2018-04-30 | -1.12 | -1.4 | -0.28 | 25 | ||
1996-06-06 | 1996-04-30 | 0.92 | 0.63 | -0.29 | 31 | ||
1996-09-09 | 1996-07-31 | 1.97 | 1.63 | -0.34 | 17 | ||
1997-09-08 | 1997-07-31 | 2.5 | 2.13 | -0.37 | 14 | ||
2000-03-09 | 2000-01-31 | 1.44 | 1.88 | 0.44 | 30 | ||
2019-03-07 | 2019-01-31 | -2.5 | -3.0 | -0.5 | 20 |
Know Hovnanian Enterprises' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Hovnanian Enterprises is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hovnanian Enterprises backward and forwards among themselves. Hovnanian Enterprises' institutional investor refers to the entity that pools money to purchase Hovnanian Enterprises' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Bridgeway Capital Management, Llc | 2024-12-31 | 86 K | Ubs Group Ag | 2024-12-31 | 71.8 K | Foundry Partners, Llc | 2024-12-31 | 65.6 K | Qube Research & Technologies | 2024-12-31 | 65.2 K | Goldman Sachs Group Inc | 2024-12-31 | 52.3 K | American Century Companies Inc | 2024-12-31 | 52.2 K | Northern Trust Corp | 2024-12-31 | 46.5 K | Charles Schwab Investment Management Inc | 2024-12-31 | 45.6 K | Aqr Capital Management Llc | 2024-12-31 | 37.2 K | Blackrock Inc | 2024-12-31 | 469.5 K | Vanguard Group Inc | 2024-12-31 | 311.6 K |
Hovnanian Enterprises' market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 1.04 B.Market Cap |
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Hovnanian Enterprises' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.09 | 0.11 | |
| Return On Capital Employed | 0.11 | 0.08 | |
| Return On Assets | 0.09 | 0.11 | |
| Return On Equity | 0.27 | 0.29 |
Determining Hovnanian Enterprises' profitability involves analyzing its financial statements and using various financial metrics to determine if Hovnanian Enterprises is a good buy. For example, gross profit margin measures Hovnanian Enterprises' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Hovnanian Enterprises' profitability and make more informed investment decisions.
Hovnanian Enterprises' Earnings Breakdown by Geography
Please note, the imprecision that can be found in Hovnanian Enterprises' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Hovnanian Enterprises. Check Hovnanian Enterprises' Beneish M Score to see the likelihood of Hovnanian Enterprises' management manipulating its earnings.
Evaluate Hovnanian Enterprises' management efficiency
Hovnanian Enterprises has Return on Asset of 0.0702 % which means that on every $100 spent on assets, it made $0.0702 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.4131 %, implying that it generated $0.4131 on every 100 dollars invested. Hovnanian Enterprises' management efficiency ratios could be used to measure how well Hovnanian Enterprises manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Hovnanian Enterprises' Return On Tangible Assets are fairly stable compared to the past year. Return On Assets is likely to climb to 0.11 in 2025, whereas Return On Capital Employed is likely to drop 0.08 in 2025. At this time, Hovnanian Enterprises' Non Current Assets Total are fairly stable compared to the past year. Non Currrent Assets Other is likely to climb to about 270.4 M in 2025, whereas Total Current Assets are likely to drop slightly above 1.7 B in 2025.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 142.06 | 117.12 | |
| Tangible Book Value Per Share | 142.06 | 107.37 | |
| Enterprise Value Over EBITDA | 5.51 | 5.23 | |
| Price Book Value Ratio | 1.64 | 0.83 | |
| Enterprise Value Multiple | 5.51 | 5.23 | |
| Price Fair Value | 1.64 | 0.83 | |
| Enterprise Value | 1.5 B | 1.6 B |
The management team at Hovnanian Enterprises has a track record of steering the company towards sustained growth. Evaluating their strategies helps in understanding the stock's long-term potential.
Beta 2.607 |
Basic technical analysis of Hovnanian Stock
As of the 25th of March, Hovnanian Enterprises retains the Standard Deviation of 3.52, market risk adjusted performance of (0.18), and Risk Adjusted Performance of (0.08). Hovnanian Enterprises technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Hovnanian Enterprises risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if Hovnanian Enterprises is priced fairly, providing market reflects its last-minute price of 108.98 per share. Given that Hovnanian Enterprises has information ratio of (0.09), we strongly advise you to confirm Hovnanian Enterprises's regular market performance to make sure the company can sustain itself at a future point.Hovnanian Enterprises' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Hovnanian Enterprises insiders, such as employees or executives, is commonly permitted as long as it does not rely on Hovnanian Enterprises' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Hovnanian Enterprises insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Hovnanian Enterprises' Outstanding Corporate Bonds
Hovnanian Enterprises issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Hovnanian Enterprises uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Hovnanian bonds can be classified according to their maturity, which is the date when Hovnanian Enterprises has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Hovnanian Enterprises' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Hovnanian Enterprises' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | (0.18) | |||
| Mean Deviation | 2.55 | |||
| Coefficient Of Variation | (1,051) | |||
| Standard Deviation | 3.52 | |||
| Variance | 12.39 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.19) | |||
| Maximum Drawdown | 23.6 | |||
| Value At Risk | (4.83) | |||
| Potential Upside | 6.0 | |||
| Skewness | 0.0417 | |||
| Kurtosis | 2.51 |
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | (0.18) | |||
| Mean Deviation | 2.55 | |||
| Coefficient Of Variation | (1,051) | |||
| Standard Deviation | 3.52 | |||
| Variance | 12.39 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.19) | |||
| Maximum Drawdown | 23.6 | |||
| Value At Risk | (4.83) | |||
| Potential Upside | 6.0 | |||
| Skewness | 0.0417 | |||
| Kurtosis | 2.51 |
Consider Hovnanian Enterprises' intraday indicators
Hovnanian Enterprises intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Hovnanian Enterprises stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 1909.64 | |||
| Daily Balance Of Power | (1.04) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 110.39 | |||
| Day Typical Price | 109.92 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | (3.55) | |||
| Period Momentum Indicator | (4.29) |
Hovnanian Enterprises Corporate Filings
F4 | 5th of March 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 28th of February 2025 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 24th of February 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 7th of February 2025 Other Reports | ViewVerify |
Hovnanian Stock media impact
Far too much social signal, news, headlines, and media speculation about Hovnanian Enterprises that are available to investors today. That information is available publicly through Hovnanian media outlets and privately through word of mouth or via Hovnanian internal channels. However, regardless of the origin, that massive amount of Hovnanian data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Hovnanian Enterprises news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Hovnanian Enterprises relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Hovnanian Enterprises' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Hovnanian Enterprises alpha.
Hovnanian Enterprises Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Hovnanian Enterprises can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Hovnanian Enterprises Corporate Directors
| Robin Sellers | Independent Director | Profile | |
| Vincent Pagano | Independent Director | Profile | |
| Larry Sorsby | CFO, Executive VP and Director | Profile | |
| Edward Kangas | Independent Director | Profile |
Additional Tools for Hovnanian Stock Analysis
When running Hovnanian Enterprises' price analysis, check to measure Hovnanian Enterprises' 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 Hovnanian Enterprises is operating at the current time. Most of Hovnanian Enterprises' value examination focuses on studying past and present price action to predict the probability of Hovnanian Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hovnanian Enterprises' price. Additionally, you may evaluate how the addition of Hovnanian Enterprises to your portfolios can decrease your overall portfolio volatility.