Basic Stock Data on Hovnanian Enterprises, Inc. (HOV)

In the past 52-week period, shares of Hovnanian Enterprises, Inc. (NYSE:HOV) have moved within the range of $1.66 to $2.98. On the stock’s most recent trading day, the company’s shares ended the regular session at $2.84, which is 4.7% higher than its 52-week high.

Hovnanian Enterprises, Inc. (HOV) has demonstrated a 20-day simple moving average (SMA) of 16.06%, and a 50-day SMA of 27.24%. This public company’s current market capitalization stands at $409.36 million.

Analyzing Consensus Estimates, Sales Revenue and Net Income

Checking the amount of enthusiasm that Wall Street analysts hold for a particular stock is crucial when thinking about entering a position. According to the latest data, the consensus recommendation for Hovnanian Enterprises, Inc. (HOV) is Underperform.

Public companies normally post earnings and revenue results that fall somewhat above or below the average Wall Street estimate. In the most recent quarterly financial report, for the quarter ending Jul. 2017, Hovnanian Enterprises, Inc. (HOV) delivered a 1.57% surprise with its net revenue. Sales reached $0.59 billion during the three-month period, compared to the average analyst estimate of $0.58 billion.

Meanwhile, during the same quarter Hovnanian Enterprises, Inc. (HOV) delivered a -900.00% earnings surprise. Net earnings for the quarter were posted at -$0.01 per share.

Ownership at Hovnanian Enterprises, Inc. (HOV), According to Most Recent SEC Filings

A publicly-traded organization’s latest 13F filings tell us important details about its institutional ownership. Hovnanian Enterprises, Inc. (HOV) has 0 billion shares outstanding currently, 35.90% of which belong to institutional investors. Those institutional holdings amount to $0.13 billion.

Additionally, according to the most recent 13F filing from Hovnanian Enterprises, Inc. (HOV), there were 16 new positions totaling 5,048,726 shares of the company’s stock. There were 13 sold out positions, on the other hand, totaling 1,517,605 shares.

Short, Medium and Long Term Indicators

Assessing the average trade volume of a public company’s stock in the short, medium and long term is helpful to gain an understanding of trading activity and investor sentiment. Hovnanian Enterprises, Inc. (HOV) has had a 20-day average volume of 1,520,500 shares, with an average of 100% of short term indicators pointed at Buy.

The stock’s 50-day average volume has been 1,406,886 shares, with an average of 100% of medium term indicators pointing toward Buy. Finally, its 100-day average volume is 1,485,016 shares with 100% of long-term indicators pointing to Buy.