Hovnanian Enterprises, Inc (NYSE: HOV) is -18.30% lower on its value in year-to-date trading and has touched a low of $81.15 and a high of $240.34 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HOV stock was last observed hovering at around $117.41 in the last trading session, with the day’s loss setting it -4.08%.
Currently trading at $113.33, the stock is 11.60% and 13.69% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.22 million and changing -3.48% at the moment leaves the stock -16.74% off its SMA200. HOV registered -15.31% loss for a year compared to 6-month loss of -15.39%.
The stock witnessed a 23.82% gain in the last 1 month and extending the period to 3 months gives it a 6.38%, and is 9.88% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.03% over the week and 6.83% over the month.
Hovnanian Enterprises, Inc (HOV) has around 1878 employees, a market worth around $635.00M and $3.06B in sales. Current P/E ratio is 4.01 and Fwd P/E is 14.01. Profit margin for the company is 6.49%. Distance from 52-week low is 39.65% and -52.85% from its 52-week high. The company has generated returns on investments over the last 12 months (11.16%).
The EPS is expected to shrink by -61.67% this year
The shares outstanding are 5.07M, and float is at 4.36M with Short Float at 5.27%.
The top institutional shareholder in the company is BLACKROCK INC. with over 0.38 million shares valued at $54.63 million. The investor’s holdings represent 5.9458 of the HOV Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 0.33 million shares valued at $46.67 million to account for 5.08 of the shares outstanding. The other top investors are STATE STREET CORP which holds 0.23 million shares representing 3.5583 and valued at over $32.69 million, while RENAISSANCE TECHNOLOGIES LLC holds 3.3722 of the shares totaling 0.22 million with a market value of $30.98 million.
Hovnanian Enterprises, Inc (HOV) Insider Activity
The most recent transaction is an insider sale by KANGAS EDWARD A, the company’s Director. SEC filings show that KANGAS EDWARD A sold 5,500 shares of the company’s common stock on Jun 30 ’25 at a price of $107.12 per share for a total of $0.59 million. Following the sale, the insider now owns 5338.0 shares.
Still, SEC filings show that on Mar 03 ’25, KANGAS EDWARD A (Director) disposed off 2,000 shares at an average price of $101.51 for $0.2 million. The insider now directly holds 11,290 shares of Hovnanian Enterprises, Inc (HOV).
