Hovnanian Enterprises, Inc (NYSE: HOV)’s stock price has dropped by -12.39 in relation to previous closing price of 121.57. Nevertheless, the company has seen a loss of -21.55% in its stock price over the last five trading days. seekingalpha.com reported 2025-02-24 that Hovnanian Enterprises, Inc. (NYSE:HOV ) Q1 2025 Earnings Conference Call February 24, 2025 11:00 AM ET Company Participants Jeff O’Keefe – Vice President, Investor Relations Ara Hovnanian – Chairman, President and CEO Brad O’Connor – Chief Financial Officer David Mitrisin – Vice President, Corporate Controller Paul Eberly – Vice President, Finance and Treasurer Conference Call Participants Alan Ratner – Zelman & Associates Alex Barron – Housing Research Center Jay McCanless – Wedbush Operator Good morning and thank you for joining us today for Hovnanian Enterprises Fiscal 2025 First Quarter Earnings Conference Call. An archive of the webcast will be available after the completion of the call and run for 12 months.
Is It Worth Investing in Hovnanian Enterprises, Inc (NYSE: HOV) Right Now?
The price-to-earnings ratio for Hovnanian Enterprises, Inc (NYSE: HOV) is above average at 3.35x, Company’s 36-month beta value is 2.82.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for HOV is 4.27M, and currently, short sellers hold a 4.57% ratio of that floaft. The average trading volume of HOV on February 25, 2025 was 81.72K shares.
HOV’s Market Performance
HOV stock saw a decrease of -21.55% in the past week, with a monthly decline of -23.37% and a quarterly a decrease of -38.19%. The volatility ratio for the week is 6.80%, and the volatility levels for the last 30 days are 4.91% for Hovnanian Enterprises, Inc (HOV). The simple moving average for the past 20 days is -18.42% for HOV’s stock, with a -36.91% simple moving average for the past 200 days.
Analysts’ Opinion of HOV
Many brokerage firms have already submitted their reports for HOV stocks, with Wedbush repeating the rating for HOV by listing it as a “Neutral.” The predicted price for HOV in the upcoming period, according to Wedbush is $155 based on the research report published on December 16, 2024 of the previous year 2024.
HOV Trading at -20.98% from the 50-Day Moving Average
After a stumble in the market that brought HOV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -55.68% of loss for the given period.
Volatility was left at 4.91%, however, over the last 30 days, the volatility rate increased by 6.80%, as shares sank -21.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -37.25% lower at present.
During the last 5 trading sessions, HOV fell by -21.55%, which changed the moving average for the period of 200-days by -34.78% in comparison to the 20-day moving average, which settled at $130.56. In addition, Hovnanian Enterprises, Inc saw -20.41% 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 HOV starting from Sellers Robin Stone, who sale 290 shares at the price of $170.75 back on Dec 09 ’24. After this action, Sellers Robin Stone now owns 20,743 shares of Hovnanian Enterprises, Inc, valued at $49,517 using the latest closing price.
Sellers Robin Stone, the Director of Hovnanian Enterprises, Inc, sale 241 shares at $169.30 during a trade that took place back on Dec 10 ’24, which means that Sellers Robin Stone is holding 20,502 shares at $40,802 based on the most recent closing price.
Stock Fundamentals for HOV
Current profitability levels for the company are sitting at:
- 0.27 for the present operating margin
- 0.37 for the gross margin
The net margin for Hovnanian Enterprises, Inc stands at 0.08. The total capital return value is set at 0.39. Equity return is now at value 33.78, with 9.16 for asset returns.
Based on Hovnanian Enterprises, Inc (HOV), the company’s capital structure generated 0.55 points at debt to capital in total, while cash flow to debt ratio is standing at 0.02. The debt to equity ratio resting at 1.23. The interest coverage ratio of the stock is 41.25.
Currently, EBITDA for the company is 313.34 million with net debt to EBITDA at 0.87. When we switch over and look at the enterprise to sales, we see a ratio of 0.46. The receivables turnover for the company is 104.91for trailing twelve months and the total asset turnover is 1.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.14.
Conclusion
In a nutshell, Hovnanian Enterprises, Inc (HOV) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
