Hovnanian Enterprises Stock Net Income
| HOV Stock | USD 190.52 2.62 1.36% |
Hovnanian Enterprises fundamentals help investors to digest information that contributes to Hovnanian Enterprises' financial success or failures. It also enables traders to predict the movement of Hovnanian Stock. The fundamental analysis module provides a way to measure Hovnanian Enterprises' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hovnanian Enterprises stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 236.8 M | 248.6 M | |
| Net Income Applicable To Common Shares | 161.3 M | 86.5 M | |
| Net Income From Continuing Ops | 236.8 M | 248.6 M | |
| Net Income Per Share | 38.01 | 39.91 | |
| Net Income Per E B T | 0.72 | 1.03 |
Hovnanian | Net Income |
Hovnanian Enterprises Company Net Income Analysis
Hovnanian Enterprises' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Hovnanian Enterprises Net Income | 205.89 M |
Most of Hovnanian Enterprises' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hovnanian Enterprises is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Hovnanian Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Hovnanian Enterprises is extremely important. It helps to project a fair market value of Hovnanian Stock properly, considering its historical fundamentals such as Net Income. Since Hovnanian Enterprises' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Hovnanian Enterprises' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Hovnanian Enterprises' interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Hovnanian Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
|
Based on the recorded statements, Hovnanian Enterprises reported net income of 205.89 M. This is 59.68% lower than that of the Household Durables sector and 44.34% lower than that of the Consumer Discretionary industry. The net income for all United States stocks is 63.94% higher than that of the company.
Hovnanian Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hovnanian Enterprises' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hovnanian Enterprises could also be used in its relative valuation, which is a method of valuing Hovnanian Enterprises by comparing valuation metrics of similar companies.Hovnanian Enterprises is currently under evaluation in net income category among its peers.
Hovnanian Enterprises ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Hovnanian Enterprises' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Hovnanian Enterprises' managers, analysts, and investors.Environmental | Governance | Social |
Hovnanian Enterprises Institutional Holders
Institutional Holdings refers to the ownership stake in Hovnanian Enterprises that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hovnanian Enterprises' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Hovnanian Enterprises' value.| Shares | Philadelphia Financial Mgmt Of San Franc | 2024-09-30 | 85.4 K | Bridgeway Capital Management, Llc | 2024-09-30 | 84.5 K | Brightline Capital Management Llc | 2024-09-30 | 81 K | Aqr Capital Management Llc | 2024-06-30 | 67.2 K | Ubs Group Ag | 2024-06-30 | 62.6 K | Goldman Sachs Group Inc | 2024-06-30 | 62.1 K | Foundry Partners, Llc | 2024-09-30 | 52.8 K | Awh Capital, L.p. | 2024-09-30 | 52.1 K | Charles Schwab Investment Management Inc | 2024-09-30 | 50 K | Blackrock Inc | 2024-06-30 | 384.9 K | Vanguard Group Inc | 2024-09-30 | 331.5 K |
Hovnanian Fundamentals
| Return On Equity | 0.41 | ||||
| Return On Asset | 0.0702 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 2.17 B | ||||
| Shares Outstanding | 5.33 M | ||||
| Shares Owned By Insiders | 6.20 % | ||||
| Shares Owned By Institutions | 68.83 % | ||||
| Number Of Shares Shorted | 242.29 K | ||||
| Price To Earning | 1.51 X | ||||
| Price To Book | 2.06 X | ||||
| Price To Sales | 0.40 X | ||||
| Revenue | 2.76 B | ||||
| Gross Profit | 581.67 M | ||||
| EBITDA | 283.75 M | ||||
| Net Income | 205.89 M | ||||
| Cash And Equivalents | 326.2 M | ||||
| Cash Per Share | 35.20 X | ||||
| Total Debt | 1.14 B | ||||
| Debt To Equity | 4.21 % | ||||
| Current Ratio | 4.87 X | ||||
| Book Value Per Share | 93.90 X | ||||
| Cash Flow From Operations | 214.69 M | ||||
| Short Ratio | 3.78 X | ||||
| Earnings Per Share | 32.05 X | ||||
| Price To Earnings To Growth | 1.22 X | ||||
| Target Price | 27.0 | ||||
| Number Of Employees | 1.72 K | ||||
| Beta | 2.61 | ||||
| Market Capitalization | 1.04 B | ||||
| Total Asset | 2.49 B | ||||
| Retained Earnings | (157.2 M) | ||||
| Working Capital | 1.32 B | ||||
| Current Asset | 2.06 B | ||||
| Current Liabilities | 671.09 M | ||||
| Net Asset | 2.49 B |
About Hovnanian Enterprises Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hovnanian Enterprises's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hovnanian Enterprises using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hovnanian Enterprises based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Hovnanian Stock Analysis
When running Hovnanian Enterprises' price analysis, check to measure Hovnanian Enterprises' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hovnanian Enterprises is operating at the current time. Most of Hovnanian Enterprises' value examination focuses on studying past and present price action to predict the probability of Hovnanian Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hovnanian Enterprises' price. Additionally, you may evaluate how the addition of Hovnanian Enterprises to your portfolios can decrease your overall portfolio volatility.