Understanding the Recent Fluctuations of Howard Hughes Holdings Inc’s (HHH) Stock

In the past week, HHH stock has gone down by -4.16%, with a monthly gain of 10.50% and a quarterly surge of 7.23%. The volatility ratio for the week is 4.77%, and the volatility levels for the last 30 days are 3.37% for Howard Hughes Holdings Inc The simple moving average for the last 20 days is 0.68% for HHH stock, with a simple moving average of -1.43% for the last 200 days.

Is It Worth Investing in Howard Hughes Holdings Inc (NYSE: HHH) Right Now?

The stock has a 36-month beta value of 1.46. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for HHH is 49.59M, and at present, short sellers hold a 4.99% of that float. On August 07, 2024, the average trading volume of HHH was 311.90K shares.

HHH) stock’s latest price update

Howard Hughes Holdings Inc (NYSE: HHH)’s stock price has plunge by 8.59relation to previous closing price of 62.37. Nevertheless, the company has seen a -4.16% plunge in its stock price over the last five trading sessions. globenewswire.com reported 2024-08-01 that Howard Hughes Communities Deliver Strong Home Sales and Land Sales in First Half of 2024 Supporting Expectation of Record-Breaking Year for HHH Portfolio Howard Hughes Communities Deliver Strong Home Sales and Land Sales in First Half of 2024 Supporting Expectation of Record-Breaking Year for HHH Portfolio

Analysts’ Opinion of HHH

Many brokerage firms have already submitted their reports for HHH stocks, with BMO Capital Markets repeating the rating for HHH by listing it as a “Outperform.” The predicted price for HHH in the upcoming period, according to BMO Capital Markets is $90 based on the research report published on July 26, 2022 of the previous year 2022.

JP Morgan, on the other hand, stated in their research note that they expect to see HHH reach a price target of $125. The rating they have provided for HHH stocks is “Overweight” according to the report published on January 31st, 2022.

BWS Financial gave a rating of “Buy” to HHH, setting the target price at $150 in the report published on February 16th of the previous year.

HHH Trading at 5.16% from the 50-Day Moving Average

After a stumble in the market that brought HHH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.03% of loss for the given period.

Volatility was left at 3.37%, however, over the last 30 days, the volatility rate increased by 4.77%, as shares surge +2.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.65% upper at present.

During the last 5 trading sessions, HHH fell by -8.20%, which changed the moving average for the period of 200-days by +2.18% in comparison to the 20-day moving average, which settled at $70.05. In addition, Howard Hughes Holdings Inc saw -16.91% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at HHH starting from Verbinskaya Elena, who purchase 150 shares at the price of $65.00 back on Jul 05 ’24. After this action, Verbinskaya Elena now owns 3,084 shares of Howard Hughes Holdings Inc, valued at $9,750 using the latest closing price.

Verbinskaya Elena, the Chief Accounting Officer of Howard Hughes Holdings Inc, purchase 150 shares at $63.40 during a trade that took place back on Jun 25 ’24, which means that Verbinskaya Elena is holding 2,934 shares at $9,510 based on the most recent closing price.

Stock Fundamentals for HHH

Current profitability levels for the company are sitting at:

  • -0.45 for the present operating margin
  • 0.4 for the gross margin

The net margin for Howard Hughes Holdings Inc stands at -0.5. The total capital return value is set at -0.05. Equity return is now at value -16.72, with -5.50 for asset returns.

Based on Howard Hughes Holdings Inc (HHH), the company’s capital structure generated 0.65 points at debt to capital in total, while cash flow to debt ratio is standing at -0.04. The debt to equity ratio resting at 1.86. The interest coverage ratio of the stock is -3.91.

Currently, EBITDA for the company is 306.28 million with net debt to EBITDA at 14.15. When we switch over and look at the enterprise to sales, we see a ratio of 7.39. The receivables turnover for the company is 1.31for trailing twelve months and the total asset turnover is 0.11.

Conclusion

To sum up, Howard Hughes Holdings Inc (HHH) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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