HOV

Hovnanian EnterprisesC

NYSE / Consumer Durables & Apparel

At close

2026-06-02

Current thesis

HOV exited the quarter with $442.0 million of liquidity, 14.3% adjusted gross margin above guidance, and adjusted EBITDA above guidance. Management also said it expects a step-up in Q4 if current conditions hold, so the bull case is that newer communities and a land-light mix drive a stronger second-half earnings bridge [#8-K-2026-05-21].

Posture

Mixed

Lead driver

Value

What changed

Value remains the lead driver in the composite, 7D delta +0.0.

What can break

Consolidated cancellation rate rose to 17% and backlog dollars declined year over year, so order durability is not yet proven.

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $118.00 · Bull $134.00 · Bear $92.00

Data freshness

Prices

As of 2026-06-02

Fundamentals

As of 2026-06-01 • Vendor: Data Vendor v1

Scores

As of 2026-06-02 • Model: HYBRID_IC_RP

AI Memo

As of 2026-05-24 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-06-02

Supporting evidence

What

Grade C · Mixed

Confidence Medium · Net Neutral

Target $120.00

Why

Momentum31 · Δ7d -11.1

Value69 · Δ7d +0.0

Sentiment49 · Δ7d -4.1

So what

Balanced signals (Net Neutral). Wait for confirmation before sizing up.

Lead driver: Value · See fundamentals

Momentum

34% active weight

Current posture

7d trendImproving

Δ7d

-11.1

Δ21d

-2.7

Value

32% active weight

Current posture

7d trendFlat

Δ7d

+0.0

Δ21d

+0.4

Sentiment

33% active weight

Current posture

7d trendSoftening

Δ7d

-4.1

Δ21d

+8.2

Why this grade

Composite grade C. Momentum 31.2 / Value 68.7 / Sentiment 49.4

Fundamentals (TTM)

As of 2026-06-01

Market Cap

$698.92M

Beta

2.31

Shares Out

5.95M

P/E (TTM)

13.3

P/S (TTM)

0.20

P/FCF (TTM)

3.79

Rev YoY

-16.5%

EPS YoY

-104.7%

Gross Margin

+17.3%

Op Margin

+4.4%

Net Debt

$657.44M

Current Ratio

As of 2026-06-02 • Updated nightlySource: Internal modelMethodology