Hovnanian Enterprises Stock Analysis

Hovnanian Stock Analysis Notes

About 69.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.87. 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. Hovnanian Enterprises, Inc. engages in the design, construction, marketing, and sale of residential homes in the United States. The company was founded in 1959 and is headquartered in Matawan, New Jersey. Hovnanian Enterprises operates under Residential Construction classification in the United States and is traded on New York Stock Exchange. It employs 1784 people. To learn more about Hovnanian Enterprises call Ara Hovnanian at 732 747 7800 or check out https://www.khov.com.

Hovnanian Enterprises Investment Alerts

Hovnanian Enterprises Upcoming and Recent Events

Hovnanian Largest EPS Surprises

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Hovnanian Enterprises Environmental, Social, and Governance (ESG) Scores

Hovnanian Enterprises Thematic Classifications

Hovnanian Stock Institutional Investors

Note, although Hovnanian Enterprises' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Hovnanian Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 1.04 B.

Hovnanian Profitablity

The company has Net Profit Margin of 0.08 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.07 %, which entails that for every 100 dollars of revenue, it generated $0.07 of operating income.

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. Return On Tangible Assets is likely to climb to 0.09 in 2024. Return On Capital Employed is likely to climb to 0.18 in 2024. At this time, Hovnanian Enterprises' Non Current Assets Total are fairly stable compared to the past year. Other Current Assets is likely to climb to about 259.8 M in 2024, whereas Non Currrent Assets Other are likely to drop slightly above 121.1 M in 2024.

Technical Drivers

As of the 22nd of November, Hovnanian Enterprises retains the Standard Deviation of 3.56, risk adjusted performance of (0.03), and Market Risk Adjusted Performance of (0.21). 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 175.38 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 Price Movement Analysis

Hovnanian Enterprises Insider Trading Activities

Hovnanian Enterprises Outstanding Bonds

Hovnanian Enterprises Predictive Daily Indicators

Hovnanian Enterprises Corporate Filings

Hovnanian Enterprises Forecast Models

Hovnanian Enterprises' time-series forecasting models are one of many Hovnanian Enterprises' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Hovnanian Enterprises' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Hovnanian Enterprises prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Hovnanian shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Hovnanian Enterprises. By using and applying Hovnanian Stock analysis, traders can create a robust methodology for identifying Hovnanian entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Hovnanian analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Hovnanian analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Hovnanian Enterprises stock analysis indicators help investors evaluate how Hovnanian Enterprises stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Hovnanian Enterprises shares will generate the highest return on investment. By understating and applying Hovnanian Enterprises stock analysis, traders can identify Hovnanian Enterprises position entry and exit signals to maximize returns.

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.