The price of Hovnanian Enterprises, Inc (NYSE:HOV) shares last traded on Wall Street fell -2.94% to $91.49.
HOV stock price is now -5.74% away from the 50-day moving average and -34.97% away from the 200-day moving average. The market capitalization of the company currently stands at $597.55M.
With the price target of $155, Wedbush recently initiated with Neutral rating for Hovnanian Enterprises, Inc (NYSE: HOV). , while ‘JMP Securities’ rates the stock as ‘Mkt Perform’
In other news, KANGAS EDWARD A, Director sold 2,000 shares of the company’s stock on Mar 03 ’25. The stock was sold for $203,020 at an average price of $101.51. Upon completion of the transaction, the Director now directly owns 11,290 shares in the company, valued at $1.03 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 03 ’25, Director KANGAS EDWARD A bought 2,000 shares of the business’s stock. A total of $203,020 was incurred on buying the stock at an average price of $101.51. A total of 24.65% of the company’s stock is owned by insiders.
During the past 12 months, Hovnanian Enterprises, Inc has had a low of $81.15 and a high of $240.34. As of last week, the company has a debt-to-equity ratio of 1.18, a current ratio of 3.32, and a quick ratio of 0.41.
The net profit margin was 6.49% and return on equity was 28.55% for HOV. The company reported revenue of $686.47 million for the quarter, compared to $708.38 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.09 percent.
