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After finishing at $87.89 in the prior trading day, Hovnanian Enterprises, Inc (NYSE: HOV) closed at $90.91, up 3.44%. In other words, the price has increased by $3.44 from its previous closing price. On the day, 74239.0 shares were traded. HOV stock price reached its highest trading level at $90.91 during the session, while it also had its lowest trading level at $87.58.
Ratios:
Our goal is to gain a better understanding of HOV by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.68. For the most recent quarter (mrq), Quick Ratio is recorded 0.13 and its Current Ratio is at 2.96. In the meantime, Its Debt-to-Equity ratio is 1.15 whereas as Long-Term Debt/Eq ratio is at 1.15.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wedbush on December 16, 2024, initiated with a Neutral rating and assigned the stock a target price of $155.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 03 ’25 when KANGAS EDWARD A sold 2,000 shares for $101.51 per share. The transaction valued at 203,020 led to the insider holds 11,290 shares of the business.
KANGAS EDWARD A bought 2,000 shares of HOV for $203,020 on Mar 03 ’25. On Feb 25 ’25, another insider, Sellers Robin Stone, who serves as the Director of the company, sold 977 shares for $107.94 each. As a result, the insider received 105,457 and left with 19,525 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HOV now has a Market Capitalization of 537390848 and an Enterprise Value of 1530805632. As of this moment, Hovnanian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.22, and their Forward P/E ratio for the next fiscal year is 11.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20 while its Price-to-Book (P/B) ratio in mrq is 0.77. Its current Enterprise Value per Revenue stands at 0.5 whereas that against EBITDA is 6.251.
Stock Price History:
The Beta on a monthly basis for HOV is 2.17, which has changed by -0.37312096 over the last 52 weeks, in comparison to a change of 0.09362543 over the same period for the S&P500. Over the past 52 weeks, HOV has reached a high of $240.34, while it has fallen to a 52-week low of $81.15. The 50-Day Moving Average of the stock is -9.92%, while the 200-Day Moving Average is calculated to be -39.28%.
Shares Statistics:
The stock has traded on average 82.33K shares per day over the past 3-months and 80890 shares per day over the last 10 days, according to various share statistics. A total of 5.07M shares are outstanding, with a floating share count of 4.36M. Insiders hold about 26.41% of the company’s shares, while institutions hold 55.25% stake in the company. Shares short for HOV as of 1745971200 were 234029 with a Short Ratio of 2.84, compared to 1743379200 on 197455. Therefore, it implies a Short% of Shares Outstanding of 234029 and a Short% of Float of 4.9200002.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
