Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Hovnanian Enterprises, Inc.    HOV

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Hovnanian Enterprises, Inc. : Wall Street Fundamentals Releases New In-Depth Stock Reports on HOV, MDC, MTH and SPF

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/08/2013 | 02:35pm CEST

U.S. homebuilders have experienced a pullback recently on concerns that mortgage rates would soon follow surging treasury yields. The iShares Dow Jones US Home Construction ETF (NYSEARCA: ITB) has fallen approximately 7.8 percent in the past month. On Friday, the 10-year Treasury notes jumped to 2.70 percent, the highest since August 2011, on a strong U.S. jobs report. The Labor Department reported the U.S. added 195,000 jobs June, economist had expects a gain of 165,000 according to Bloomberg. The unemployment rate remained unchanged at 7.6 percent. Here is how some homebuilders reacted Friday:

Hovnanian Enterprises, Inc. (NYSE: HOV) shares traded in the range of $5.30 to $5.61 Friday before settling to close at $5.37, a decrease of 2.72 percent. The stock appears to be facing resistance at the $5.37 and $5.74 levels with some support at $5.21. Shares of Hovnanian Enterprises are down approximately 12.5 percent in the past month.

More information on Hovnanian Enterprises and access to the free equity report can be found at:
www.WallStreetFundamentals.com/HOV

M.D.C. Holdings, Inc. (NYSE: MDC) shares traded in the range of $29.86 to $32.39 Friday before settling to close at $29.99, a decrease of 6.65 percent. The stock appears to be facing resistance at the $31.53 and $32.54 levels. Shares of the M.D.C. Holdings are down approximately 15.5 percent in the past month.

More information on M.D.C. Holdings and access to the free equity report can be found at:
www.WallStreetFundamentals.com/MDC

Meritage Homes Corp. (NYSE: MTH) shares traded in the range of $41.18 to $44.78 Friday before settling to close at $42.01, a decrease of 5.60 percent. The stock appears to be facing resistance at the $42.12 and $42.76 levels with some support at $40.35. Shares of Meritage Homes are down approximately 9.2 percent in the past month.

More information on Meritage Homes and access to the free equity report can be found at:
www.WallStreetFundamentals.com/MTH

Standard Pacific Corp. (NYSE: SPF) shares traded in the range of $7.62 to $8.18 Friday before settling to close at $7.85, a decrease of 2.85 percent. The stock appears to be facing resistance at the $7.97 and $8.31 levels with some support at $7.82. Shares of Standard Pacific are down approximately 9.8 percent in the past month.

More information on Standard Pacific and access to the free equity report can be found at:
www.WallStreetFundamentals.com/SPF

Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.

Activate your always free membership by signing up at www.WallStreetFundamentals.com today.

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: [email protected]


© Accesswire 2013
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on HOVNANIAN ENTERPRISES, INC
04/07 HOVNANIAN ENTERPRISES : Real Estate Market Showing Support Despite Interest Rate..
04/06 HOVNANIAN ENTERPRISES : Housing Stocks Showing Strong Move To The Upside
04/04 HOVNANIAN ENTERPRISES : How These Residential Construction Stocks are Faring? --..
03/16 HOVNANIAN ENTERPRISES INC : Submission of Matters to a Vote of Security Holders ..
03/16 THURSDAY SECTOR LEADERS : General Contractors & Builders, Shipping Stocks
03/08 HOVNANIAN ENTERPRISES : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDIT..
03/08 RED BANK : Hovnanian nearly breaks even
03/08 HOVNANIAN ENTERPRISES INC : Results of Operations and Financial Condition, Finan..
03/08 HOVNANIAN ENTERPRISES : posts 1Q loss
03/08 Hovnanian Enterprises Reports Fiscal 2017 First Quarter Results
More news
Sector news : Residential Builders - Single Homes
04/18 European shares hit three-week lows amid jitters over British, French votes
04/04 BARRATT DEVELOPMENTS : Number of new London homes set to fall after 2017 high - ..
03/23 CREST NICHOLSON : Shareholders in British builder Crest Nicholson vote down exec..
03/17DJEUROPE MARKETS : European Stocks Finish Higher While Potential Trade Tension Loo..
03/17DJEUROPE MARKETS : European Stocks Dip Ahead Of Potential Trade Tension At G-20 Ga..
More sector news : Residential Builders - Single Homes
News from SeekingAlpha
03/20 Stay Long Homebuilders
03/08 Hovnanian Enterprises, Inc. 2017 Q1 - Results - Earnings Call Slides
03/08 Hovnanian Enterprises' (HOV) CEO Ara K. Hovnanian on Q1 2017 Results - Earnin..
03/08 Hovnanian beats by $0.02, beats on revenue
03/07 Notable earnings before Wednesday?s open
Advertisement
Financials ($)
Sales 2017 2 408 M
EBIT 2017 -
Net income 2017 12,2 M
Debt 2017 -
Yield 2017 -
P/E ratio 2017 21,45
P/E ratio 2018 16,86
Capi. / Sales 2017 0,15x
Capi. / Sales 2018 0,14x
Capitalization 350 M
More Financials
Chart HOVNANIAN ENTERPRISES, INC
Duration : Period :
Hovnanian Enterprises, Inc Technical Analysis Chart | HOV | US4424872038 | 4-Traders
Full-screen chart
Technical analysis trends HOVNANIAN ENTERPR...
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 3
Average target price 1,53 $
Spread / Average Target -35%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Ara K. Hovnanian Chairman, President & Chief Executive Officer
Lucian Theon Smith Chief Operating Officer
J. Larry Sorsby Chief Financial Officer, Director & Executive VP
Paul Marabella Chief Information Officer & Vice President
Edward A. Kangas Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
HOVNANIAN ENTERPRISES,..-13.55%346
LENNAR CORPORATION18.73%11 626
NVR, INC.24.43%7 775
CALATLANTIC GROUP INC11.00%4 248
TRI POINTE GROUP INC10.10%1 961
PANAHOME CORPORATION29.07%1 858
More Results