Hovnanian Enterprises, Inc. (HOV)
NYSE: HOV · Real-Time Price · USD
181.74
+6.36 (3.63%)
Nov 22, 2024, 4:00 PM EST - Market closed

Hovnanian Enterprises Statistics

Total Valuation

HOV has a market cap or net worth of $1.10 billion. The enterprise value is $2.28 billion.

Market Cap 1.10B
Enterprise Value 2.28B

Important Dates

The next estimated earnings date is Tuesday, December 3, 2024, before market open.

Earnings Date Dec 3, 2024
Ex-Dividend Date n/a

Share Statistics

HOV has 6.05 million shares outstanding. The number of shares has increased by 2.07% in one year.

Current Share Class 5.33M
Shares Outstanding 6.05M
Shares Change (YoY) +2.07%
Shares Change (QoQ) +2.12%
Owned by Insiders (%) 20.06%
Owned by Institutions (%) 61.43%
Float 4.86M

Valuation Ratios

The trailing PE ratio is 5.72.

PE Ratio 5.72
Forward PE n/a
PS Ratio 0.40
Forward PS n/a
PB Ratio 1.94
P/TBV Ratio 1.94
P/FCF Ratio 33.92
P/OCF Ratio 21.37
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 8.04, with an EV/FCF ratio of 70.42.

EV / Earnings 10.32
EV / Sales 0.78
EV / EBITDA 8.04
EV / EBIT 8.25
EV / FCF 70.42

Financial Position

The company has a current ratio of 3.71, with a Debt / Equity ratio of 1.67.

Current Ratio 3.71
Quick Ratio 0.31
Debt / Equity 1.67
Debt / EBITDA 3.99
Debt / FCF 36.24
Interest Coverage 7.55

Financial Efficiency

Return on equity (ROE) is 41.31% and return on invested capital (ROIC) is 9.57%.

Return on Equity (ROE) 41.31%
Return on Assets (ROA) 7.02%
Return on Capital (ROIC) 9.57%
Revenue Per Employee $1.70M
Profits Per Employee $129,062
Employee Count 1,715
Asset Turnover 1.18
Inventory Turnover 1.47

Taxes

In the past 12 months, HOV has paid $75.69 million in taxes.

Income Tax 75.69M
Effective Tax Rate 23.61%

Stock Price Statistics

The stock price has increased by +102.47% in the last 52 weeks. The beta is 2.61, so HOV's price volatility has been higher than the market average.

Beta (5Y) 2.61
52-Week Price Change +102.47%
50-Day Moving Average 190.81
200-Day Moving Average 170.41
Relative Strength Index (RSI) 52.16
Average Volume (20 Days) 67,040

Short Selling Information

The latest short interest is 242,292, so 4.00% of the outstanding shares have been sold short.

Short Interest 242,292
Short Previous Month 305,107
Short % of Shares Out 4.00%
Short % of Float 4.99%
Short Ratio (days to cover) 3.78

Income Statement

In the last 12 months, HOV had revenue of $2.91 billion and earned $221.34 million in profits. Earnings per share was $31.75.

Revenue 2.91B
Gross Profit 611.23M
Operating Income 277.02M
Pretax Income 293.74M
Net Income 221.34M
EBITDA 284.27M
EBIT 277.02M
Earnings Per Share (EPS) $31.75
Full Income Statement

Balance Sheet

The company has $122.04 million in cash and $1.18 billion in debt, giving a net cash position of -$1.05 billion or -$173.98 per share.

Cash & Cash Equivalents 122.04M
Total Debt 1.18B
Net Cash -1.05B
Net Cash Per Share -$173.98
Equity (Book Value) 703.38M
Book Value Per Share 93.90
Working Capital 1.52B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $51.49 million and capital expenditures -$19.06 million, giving a free cash flow of $32.44 million.

Operating Cash Flow 51.49M
Capital Expenditures -19.06M
Free Cash Flow 32.44M
FCF Per Share $5.36
Full Cash Flow Statement

Margins

Gross margin is 20.99%, with operating and profit margins of 9.51% and 8.41%.

Gross Margin 20.99%
Operating Margin 9.51%
Pretax Margin 11.01%
Profit Margin 8.41%
EBITDA Margin 9.76%
EBIT Margin 9.51%
FCF Margin 12.39%

Dividends & Yields

HOV does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -2.07%
Shareholder Yield -2.07%
Earnings Yield 20.11%
FCF Yield 2.95%

Analyst Forecast

The average price target for HOV is $155.00, which is -14.71% lower than the current price. The consensus rating is "Hold".

Price Target $155.00
Price Target Difference -14.71%
Analyst Consensus Hold
Analyst Count 1
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on March 29, 2019. It was a reverse split with a ratio of 0.04:1.

Last Split Date Mar 29, 2019
Split Type Reverse
Split Ratio 0.04:1

Scores

HOV has an Altman Z-Score of 2.48 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.48
Piotroski F-Score 6