Shares Outstanding Shares Outstanding n/a Close	5.69M
Shares Change (YoY) Shares Change (YoY) n/a Close	-1.94%
Shares Change (QoQ) Shares Change (QoQ) n/a Close	-12.91%
Owned by Institutions (%) Owned by Institutions (%) n/a Close	52.53%
Shares Floating Shares Floating n/a Close	4.78M
Failed to Deliver (FTD) Shares Failed to Deliver (FTD) Shares n/a Close	174
FTD / Avg. Volume FTD / Avg. Volume n/a Close	0.21%

Short Selling Information

The latest short interest is 218K, so 3.76% of the outstanding shares have been sold short.

Short Interest Short Interest n/a Close	218K
Short % of Shares Out Short % of Shares Out n/a Close	3.76%
Short % of Float Short % of Float n/a Close	4.71%
Short Ratio (days to cover) Short Ratio (days to cover) n/a Close	2.45

Valuation Ratios

The PE ratio is 4.71 and the forward PE ratio is 11.53. Hovnanian Enterprises's PEG ratio is 0.24.

PE Ratio PE Ratio n/a Close	4.71
Forward PE Forward PE n/a Close	11.53
PS Ratio PS Ratio n/a Close	0.38
Forward PS Forward PS n/a Close	0.2
PB Ratio PB Ratio n/a Close	1.43
P/FCF Ratio P/FCF Ratio n/a Close	197.3
PEG Ratio PEG Ratio n/a Close	0.24

Financial Ratio History

Enterprise Valuation

Hovnanian Enterprises has an Enterprise Value (EV) of 1.91B.

EV / Sales EV / Sales n/a Close	0.64
EV / EBITDA EV / EBITDA n/a Close	5.37
EV / EBIT EV / EBIT n/a Close	80.78
EV / FCF EV / FCF n/a Close	330.32

Financial Position

The company has a current ratio of 3.99, with a Debt / Equity ratio of 1.23.

Current Ratio Current Ratio n/a Close	3.99
Quick Ratio Quick Ratio n/a Close	0.67
Debt / Equity Debt / Equity n/a Close	1.23
Debt / EBITDA Debt / EBITDA n/a Close	2.78
Debt / FCF Debt / FCF n/a Close	170.71
Interest Coverage Interest Coverage n/a Close	0

Financial Efficiency

Return on Equity is 30.24% and Return on Invested Capital is 9.03%.

Return on Equity Return on Equity n/a Close	30.24%
Return on Assets Return on Assets n/a Close	9.29%
Return on Invested Capital Return on Invested Capital n/a Close	9.03%
Revenue Per Employee Revenue Per Employee n/a Close	$1,600,062.83
Profits Per Employee Profits Per Employee n/a Close	$128,864.75
Employee Count Employee Count n/a Close	1,878
Asset Turnover Asset Turnover n/a Close	1.15
Inventory Turnover Inventory Turnover n/a Close	1.46

Taxes

Income Tax Income Tax n/a Close	75.08M
Effective Tax Rate Effective Tax Rate n/a Close	23.68%

Stock Price Statistics

The stock price has increased by -36.59% in the last 52 weeks. The beta is 2.13, so Hovnanian Enterprises's price volatility has been higher than the market average.

Beta Beta n/a Close	2.13
52-Week Price Change 52-Week Price Change n/a Close	-36.59%
50-Day Moving Average 50-Day Moving Average n/a Close	97.35
200-Day Moving Average 200-Day Moving Average n/a Close	141.92
Relative Strength Index (RSI) Relative Strength Index (RSI) n/a Close	50.4
Average Volume (20 Days) Average Volume (20 Days) n/a Close	82,519

Income Statement

In the last 12 months, Hovnanian Enterprises had revenue of 3B and earned 242.01M in profits. Earnings per share was 34.4.

Revenue Revenue n/a Close	3B
Gross Profit Gross Profit n/a Close	601.79M
Operating Income Operating Income n/a Close	259.56M
Net Income Net Income n/a Close	242.01M
EBITDA EBITDA n/a Close	355.57M
EBIT EBIT n/a Close	347.84M
Earnings Per Share (EPS) Earnings Per Share (EPS) n/a Close	34.4

Full Income Statement

Balance Sheet

The company has 217.85M in cash and 986.89M in debt, giving a net cash position of -769.04M.

Cash & Cash Equivalents Cash & Cash Equivalents n/a Close	217.85M
Total Debt Total Debt n/a Close	986.89M
Net Cash Net Cash n/a Close	-769.04M
Retained Earnings Retained Earnings n/a Close	74.14M
Total Assets Total Assets n/a Close	2.55B
Working Capital Working Capital n/a Close	-431.02M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 23.64M and capital expenditures -17.86M, giving a free cash flow of 5.78M.

Operating Cash Flow Operating Cash Flow n/a Close	23.64M
Capital Expenditures Capital Expenditures n/a Close	-17.86M
Free Cash Flow Free Cash Flow n/a Close	5.78M
FCF Per Share FCF Per Share n/a Close	0.89

Full Cash Flow Statement

Margins

Gross margin is 20.03%, with operating and profit margins of 8.64% and 8.05%.

Gross Margin Gross Margin n/a Close	20.03%
Operating Margin Operating Margin n/a Close	8.64%
Pretax Margin Pretax Margin n/a Close	10.55%
Profit Margin Profit Margin n/a Close	8.05%
EBITDA Margin EBITDA Margin n/a Close	11.83%
EBIT Margin EBIT Margin n/a Close	8.64%
FCF Margin FCF Margin n/a Close	0.19%

Dividends & Yields

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

Dividend Per Share Dividend Per Share n/a Close	n/a
Dividend Yield Dividend Yield n/a Close	n/a
Dividend Growth (YoY) Dividend Growth (YoY) n/a Close	n/a
Payout Ratio Payout Ratio n/a Close	n/a
Earnings Yield Earnings Yield n/a Close	21.22%
FCF Yield FCF Yield n/a Close	0.51%

Dividend Details

Analyst Forecast

The average price target for HOV is $120, which is 23.1% higher than the current price. The consensus rating is "Hold".

Price Target Price Target n/a Close	$120
Price Target Difference Price Target Difference n/a Close	23.1%
Analyst Consensus Analyst Consensus n/a Close	Hold
Analyst Count Analyst Count n/a Close	2

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value Lynch Fair Value n/a Close	$860
Lynch Upside Lynch Upside n/a Close	782.41%
Graham Number Graham Number n/a Close	322.21
Graham Upside Graham Upside n/a Close	230.61%

Stock Splits

The last stock split was on Mar 29, 2019. It was a backward split with a ratio of 1:25.

Last Split Date Last Split Date n/a Close	Mar 29, 2019
Split Type Split Type n/a Close	backward
Split Ratio Split Ratio n/a Close	1:25

Scores

Altman Z-Score Altman Z-Score n/a Close	1.58
Piotroski F-Score Piotroski F-Score n/a Close	5