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Stock impact report

Hovnanian: Lukewarm About This Small-Cap Homebuilder As It Approaches Q1 Earnings [Seeking Alpha]

Hovnanian Enterprises, Inc. Class A (HOV) 
US:NYSE Investor Relations: khov.com/investor-relations
Company Research Source: Seeking Alpha
Investors would do well to curtail any buoyancy, as Q1 is seasonally weak, HOV has a questionable earnings track record, and gross margin and SG&A trends are expected to worsen. While Q1 is unlikely to have too many highs, guidance, especially for H2-26, has the potential to restimulate spirits. HOV now looks fairly valued both relative to its own history as well as peers, and the RS charts too support a neutral stance. Although momentum players may be enthused to note recent developments, particularly as the stock appears to be breaking out of its descending channel. Andrey Znamenskyi/iStock via Getty Images Background Hovnanian Enterprises ( HOV ), which is involved in the business of residential homebuilding across 13 states in the US (segregated into broad territories such as Northeast America, Southeast America, and Western America), hasn't been too fruitful for This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative pos Show less Read more
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