Hovnanian Enterprises Inc... (HOV)
Hovnanian Enterprises Statistics
Share Statistics
Hovnanian Enterprises has 5.97M shares outstanding. The number of shares has increased by -1.94% in one year.
| Shares Outstanding | 5.97M |
| Shares Change (YoY) | -1.94% |
| Shares Change (QoQ) | -12.91% |
| Owned by Institutions (%) | 52.48% |
| Shares Floating | 5.5M |
| Failed to Deliver (FTD) Shares | 10 |
| FTD / Avg. Volume | 0.01% |
Short Selling Information
The latest short interest is 197.46K, so 3.33% of the outstanding shares have been sold short.
| Short Interest | 197.46K |
| Short % of Shares Out | 3.33% |
| Short % of Float | 4.15% |
| Short Ratio (days to cover) | 3.06 |
Valuation Ratios
The PE ratio is 4.71 and the forward PE ratio is 6.92. Hovnanian Enterprises's PEG ratio is 0.24.
| PE Ratio | 4.71 |
| Forward PE | 6.92 |
| PS Ratio | 0.38 |
| Forward PS | 0.3 |
| PB Ratio | 1.43 |
| P/FCF Ratio | 197.3 |
| PEG Ratio | 0.24 |
Enterprise Valuation
Hovnanian Enterprises has an Enterprise Value (EV) of 1.92B.
| EV / Sales | 0.64 |
| EV / EBITDA | 6.12 |
| EV / EBIT | 81.11 |
| EV / FCF | 331.69 |
Financial Position
The company has a current ratio of 345.33, with a Debt / Equity ratio of 1.23.
| Current Ratio | 345.33 |
| Quick Ratio | 45.13 |
| Debt / Equity | 1.23 |
| Debt / EBITDA | 3.15 |
| Debt / FCF | 170.71 |
| Interest Coverage | 0 |
Financial Efficiency
Return on Equity is 30.24% and Return on Invested Capital is 7.62%.
| Return on Equity | 30.24% |
| Return on Assets | 9.29% |
| Return on Invested Capital | 7.62% |
| Revenue Per Employee | $1.6M |
| Profits Per Employee | $128.86K |
| Employee Count | 1,878 |
| Asset Turnover | 1.15 |
| Inventory Turnover | 1.46 |
Taxes
| Income Tax | 75.08M |
| Effective Tax Rate | 23.68% |
Stock Price Statistics
The stock price has increased by -32.5% in the last 52 weeks. The beta is 2.43, so Hovnanian Enterprises's price volatility has been higher than the market average.
| Beta | 2.43 |
| 52-Week Price Change | -32.5% |
| 50-Day Moving Average | 105.88 |
| 200-Day Moving Average | 158.42 |
| Relative Strength Index (RSI) | 48.84 |
| Average Volume (20 Days) | 82.79K |
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 | 3B |
| Gross Profit | 601.79M |
| Operating Income | 259.56M |
| Net Income | 242.01M |
| EBITDA | 313.34M |
| EBIT | 347.84M |
| Earnings Per Share (EPS) | 34.4 |
Balance Sheet
The company has 209.98M in cash and 986.89M in debt, giving a net cash position of -776.92M.
| Cash & Cash Equivalents | 209.98M |
| Total Debt | 986.89M |
| Net Cash | -776.92M |
| Retained Earnings | 74.14M |
| Total Assets | 2.53B |
| Working Capital | -28.04M |
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 | 23.64M |
| Capital Expenditures | -17.86M |
| Free Cash Flow | 5.78M |
| FCF Per Share | 0.89 |
Margins
Gross margin is 20.03%, with operating and profit margins of 8.64% and 8.05%.
| Gross Margin | 20.03% |
| Operating Margin | 8.64% |
| Pretax Margin | 10.55% |
| Profit Margin | 8.05% |
| EBITDA Margin | 10.43% |
| EBIT Margin | 8.64% |
| FCF Margin | 0.19% |
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 |
| Payout Ratio | n/a |
| Earnings Yield | 21.22% |
| FCF Yield | 0.51% |
Analyst Forecast
The average price target for HOV is $155, which is 56.8% higher than the current price. The consensus rating is "Hold".
| Price Target | $155 |
| Price Target Difference | 56.8% |
| Analyst Consensus | Hold |
| Analyst Count | 2 |
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 | Mar 29, 2019 |
| Split Type | backward |
| Split Ratio | 1:25 |
Scores
| Altman Z-Score | 1.91 |
| Piotroski F-Score | 5 |