Hovnanian Enterprises (NYSE:HOV - Get Free Report) is expected to be posting its quarterly earnings results before the market opens on Thursday, February 27th. Analysts expect Hovnanian Enterprises to post earnings of $2.71 per share and revenue of $705.80 million for the quarter. Individual interested in registering for the company's earnings conference call can do so using this link.
Hovnanian Enterprises (NYSE:HOV - Get Free Report) last released its quarterly earnings data on Thursday, December 5th. The construction company reported $12.79 earnings per share for the quarter. Hovnanian Enterprises had a return on equity of 43.47% and a net margin of 8.05%.
Hovnanian Enterprises Trading Down 3.6 %
NYSE HOV traded down $4.59 on Friday, hitting $122.38. The company's stock had a trading volume of 26,758 shares, compared to its average volume of 66,804. Hovnanian Enterprises has a 52-week low of $115.90 and a 52-week high of $240.34. The company has a current ratio of 1.52, a quick ratio of 0.34 and a debt-to-equity ratio of 0.14. The company's 50-day simple moving average is $133.66 and its 200 day simple moving average is $171.89. The firm has a market cap of $741.59 million, a P/E ratio of 3.81 and a beta of 2.71.
Analyst Upgrades and Downgrades
HOV has been the subject of a number of research analyst reports. Zelman & Associates restated an "underperform" rating on shares of Hovnanian Enterprises in a research note on Wednesday, February 12th. Wedbush restated a "neutral" rating and issued a $155.00 target price on shares of Hovnanian Enterprises in a research note on Monday, December 16th.
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About Hovnanian Enterprises
(
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Hovnanian Enterprises, Inc, through its subsidiaries, designs, constructs, markets, and sells residential homes in the United States. It offers single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes with amenities, such as clubhouses, swimming pools, tennis courts, tot lots, and open areas.
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