New Horizon Aircraft Ltd. (HOVR)
NASDAQ: HOVR · Real-Time Price · USD
0.840
-0.056 (-6.29%)
At close: Jan 21, 2025, 4:00 PM
0.860
+0.020 (2.38%)
After-hours: Jan 21, 2025, 7:53 PM EST

New Horizon Aircraft Statistics

Total Valuation

HOVR has a market cap or net worth of $26.23 million. The enterprise value is $25.64 million.

Market Cap 26.23M
Enterprise Value 25.64M

Important Dates

The last earnings date was Tuesday, January 14, 2025, before market open.

Earnings Date Jan 14, 2025
Ex-Dividend Date n/a

Share Statistics

HOVR has 31.23 million shares outstanding. The number of shares has increased by 205.21% in one year.

Current Share Class 31.23M
Shares Outstanding 31.23M
Shares Change (YoY) +205.21%
Shares Change (QoQ) +27.68%
Owned by Insiders (%) 11.13%
Owned by Institutions (%) 15.77%
Float 20.85M

Valuation Ratios

The trailing PE ratio is 2.32.

PE Ratio 2.32
Forward PE n/a
PS Ratio n/a
Forward PS n/a
PB Ratio n/a
P/TBV Ratio n/a
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 3.66
EV / Sales n/a
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 2.76

Current Ratio 2.76
Quick Ratio 1.42
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on Equity (ROE) n/a
Return on Assets (ROA) -123.83%
Return on Capital (ROIC) -243.41%
Revenue Per Employee n/a
Profits Per Employee $349,888
Employee Count 20
Asset Turnover n/a
Inventory Turnover n/a

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -53.85% in the last 52 weeks.

Beta (5Y) n/a
52-Week Price Change -53.85%
50-Day Moving Average 0.72
200-Day Moving Average 0.90
Relative Strength Index (RSI) 47.95
Average Volume (20 Days) 3,580,086

Short Selling Information

The latest short interest is 902,292, so 2.89% of the outstanding shares have been sold short.

Short Interest 902,292
Short Previous Month 774,907
Short % of Shares Out 2.89%
Short % of Float 4.33%
Short Ratio (days to cover) 0.22

Income Statement

Revenue n/a
Gross Profit n/a
Operating Income -6.67M
Pretax Income n/a
Net Income 7.00M
EBITDA -6.60M
EBIT -6.67M
Earnings Per Share (EPS) $0.36
Full Income Statement

Balance Sheet

The company has $633,110 in cash and $34,261 in debt, giving a net cash position of $598,849 or $0.02 per share.

Cash & Cash Equivalents 633,110
Total Debt 34,261
Net Cash 598,849
Net Cash Per Share $0.02
Equity (Book Value) -1.68M
Book Value Per Share -0.07
Working Capital 800,845
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$4.39 million and capital expenditures -$115,630, giving a free cash flow of -$4.40 million.

Operating Cash Flow -4.39M
Capital Expenditures -115,630
Free Cash Flow -4.40M
FCF Per Share -$0.14
Full Cash Flow Statement

Margins

Gross Margin n/a
Operating Margin n/a
Pretax Margin n/a
Profit Margin n/a
EBITDA Margin n/a
EBIT Margin n/a
FCF Margin n/a

Dividends & Yields

HOVR 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 -205.21%
Shareholder Yield -205.21%
Earnings Yield 26.67%
FCF Yield -16.78%

Analyst Forecast

The average price target for HOVR is $2.00, which is 138.10% higher than the current price. The consensus rating is "Strong Buy".

Price Target $2.00
Price Target Difference 138.10%
Analyst Consensus Strong Buy
Analyst Count 1
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 2