Hovnanian Enterprises, Inc. (NYSE:HOV – Get Free Report) Director Vincent Pagano, Jr. sold 3,000 shares of the business’s stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $201.11, for a total transaction of $603,330.00. Following the transaction, the director now owns 24,552 shares in the company, valued at $4,937,652.72. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Hovnanian Enterprises Stock Performance
HOV opened at $197.88 on Friday. The company has a current ratio of 1.45, a quick ratio of 0.27 and a debt-to-equity ratio of 0.20. The company’s fifty day moving average price is $202.58 and its two-hundred day moving average price is $170.52. Hovnanian Enterprises, Inc. has a 1-year low of $65.22 and a 1-year high of $240.34. The company has a market cap of $1.19 billion, a price-to-earnings ratio of 6.60 and a beta of 2.59.
Hovnanian Enterprises (NYSE:HOV – Get Free Report) last released its quarterly earnings data on Thursday, August 22nd. The construction company reported $9.75 earnings per share for the quarter. Hovnanian Enterprises had a net margin of 8.41% and a return on equity of 52.22%. The firm had revenue of $722.70 million for the quarter. During the same quarter in the previous year, the company posted $7.38 EPS. On average, analysts expect that Hovnanian Enterprises, Inc. will post 30 EPS for the current fiscal year.
Institutional Trading of Hovnanian Enterprises
Analyst Ratings Changes
Separately, StockNews.com downgraded shares of Hovnanian Enterprises from a “buy” rating to a “hold” rating in a report on Friday, August 23rd.
Get Our Latest Stock Report on Hovnanian Enterprises
Hovnanian Enterprises Company Profile
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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