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HOV Hovnanian $0.81 -0.0212 (-2.55%) 17:01 01/11/19 01/11 17:01 01/11/19 17:01 Hot Stocks	Hovnanian says will request shareholder approval to enable reverse stock split » Hovnanian Enterprises,… Hovnanian Enterprises, Inc. announced that it will be requesting shareholder approval at its annual meeting on March 19, 2019 for amendments to its restated certificate of incorporation that will enable the company to conduct a reverse stock split. The details of the proposed reverse stock split are provided in the company's preliminary proxy statement filed with the Securities and Exchange Commission on January 11, 2019. Hovnanian is proposing the reverse stock split primarily in order to address the minimum average closing price criteria set forth in the New York Stock Exchange's Listed Company Manual. On January 9, 2019, Hovnanian received written notification from the NYSE that the average closing price of Hovnanian's Class A common stock over the consecutive 30 trading-day period ended January 7, 2019 was $0.98, which is below the $1.00 minimum average closing price required by the NYSE's continued listing standard. 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial
ATVI Activision Blizzard $45.07 -6.28 (-12.23%) , TTWO Take-Two $110.33 0.33 (0.30%) … 10:03 01/11/19 01/11 10:03 01/11/19 10:03 Initiation	Fly Intel: Top five analyst initiations » Catch up on today's… Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Activision Blizzard (ATVI), Take-Two (TTWO), Electronic Arts (EA), Glu Mobile (GLUU) were initiated with an Overweight at Stephens, while the analyst also initiated Zynga (ZNGA) and Ubisoft (UBSFY) with an Equal Weight. 2. Domino's Pizza (DPZ) initiated with an Outperform at Cowen. 3. Okta (OKTA) and Zscaler (SZ) initiated with an Overweight at Piper Jaffray. 4. Lennar (LEN), D.R. Horton (DHI) and NVR (NVR) initiated with a Buy and KB Home (KBH), PulteGroup (PHM), Hovnanian (HOV) and Toll Brothers (TOL) initiated with a Neutral at Buckingham. 5. VMware (VMW) reinstated with a Neutral at Goldman SachsThis list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here. ATVI Activision Blizzard $45.07 -6.28 (-12.23%) TTWO Take-Two $110.33 0.33 (0.30%) EA Electronic Arts $90.57 -0.48 (-0.53%) GLUU Glu Mobile $9.36 0.26 (2.86%) ZNGA Zynga $4.25 -0.03 (-0.70%) UBSFY Ubisoft $0.00 (0.00%) DPZ Domino's Pizza $248.48 2.14 (0.87%) OKTA Okta $69.75 0.93 (1.35%) ZS Zscaler $44.82 -0.61 (-1.34%) LEN Lennar $46.48 1.31 (2.90%) DHI D.R. Horton $39.97 0.84 (2.15%) NVR NVR $2,580.41 7.81 (0.30%) PHM PulteGroup $28.75 0.14 (0.49%) HOV Hovnanian $0.82 -0.0153 (-1.84%) TOL Toll Brothers $36.35 0.21 (0.58%) KBH KB Home $21.51 0.5 (2.38%) VMW VMware $145.57 -3.37 (-2.26%) 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	14 Jan 14 Jan 14 Jan 15 Jan 15 Jan 15 Jan 16 Jan 17 Jan 25 Jan 29 Jan 06 Feb 12 Feb 25 Feb
HOV Hovnanian $0.83 -0.0104 (-1.24%) 08:15 01/11/19 01/11 08:15 01/11/19 08:15 Initiation	Hovnanian initiated » Buckingham starts… Buckingham starts Hovnanian at Neutral with 90c price target. As previously reported, Buckingham analyst Megan McGrath initiated Hovnanian with a Neutral rating and 90c price target, stating that she has no immediate liquidity concerns given that Hovnanian has no large near-term debt maturities, but she believes it will be difficult for the company to achieve revenue growth or positive earnings before 2020. 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial
HOV Hovnanian $0.83 -0.0104 (-1.24%) 07:45 01/11/19 01/11 07:45 01/11/19 07:45 Initiation	Hovnanian initiated at Buckingham » Hovnanian initiated with… Hovnanian initiated with a Neutral at Buckingham 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial

Over a month ago
HOV Hovnanian $1.20 0.095 (8.60%) 11:29 12/06/18 12/06 11:29 12/06/18 11:29 Hot Stocks	Hovnanian sees revenue growth, return to profitability in FY19 » Sees FY19 JV income to be… Sees FY19 JV income to be similar to FY18, assuming the spring selling season is similar to what was experienced in FY18. Management said sales are traditionally slow from November through January, so sales should pick up in the second half of FY19. Comments provided during Q4 earnings conference call. 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	06 Dec

HOV Hovnanian $1.11 -0.125 (-10.16%) 09:24 12/06/18 12/06 09:24 12/06/18 09:24 Earnings	Hovnanian reports Q4 EPS 30c, one estimate 19c » Reports Q4 revenue… Reports Q4 revenue $614.8M, one estimate $638.8M. "We are pleased to report solid performance in our fourth quarter. We exceeded or met our guidance for total revenues, gross margin, SG&A expense ratio and adjusted pretax profits," stated Ara Hovnanian, chairman of the board, president and CEO. "Given the recent consumer hesitation in purchasing homes, we remain cautious and are carefully evaluating current market conditions when underwriting new land acquisitions. Nonetheless, we continue to move forward with our goal of increasing our community count. Our total consolidated lots controlled at the end of the fourth quarter expanded 20% year over year." 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	06 Dec
BZH Beazer Homes $10.81 -0.045 (-0.41%) , CAA CalAtlantic $0.00 (0.00%) … 12:33 11/28/18 11/28 12:33 11/28/18 12:33 Hot Stocks	Homebuilding stocks fall after sales of new homes plunge in October » Shares of U.S.… Shares of U.S. homebuilders are falling in afternoon trading after a government report showed that U.S. sales fell to the weakest pace in October 2018 since March 2016, as mortgage rates rise. MONTHLY NEW RESIDENTIAL SALES: Sales of new single-family houses in October 2018 were at a seasonally adjusted annual rate of 544,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development. This is approximately 8.9% below the revised September 2018 rate of 597,000 and is roughly 12% below the October 2017 estimate of 618,000. PRICE ACTION: Shares of companies related to the U.S. home construction industry include Beazer Homes (BZH), CalAtlantic (CAA), D.R. Horton (DHI), Hovnanian (HOV), KB Home (KBH), Lennar (LEN), PulteGroup (PHM), Beacon Roofing (BECN), and Masco (MAS). BZH Beazer Homes $10.81 -0.045 (-0.41%) CAA CalAtlantic $0.00 (0.00%) DHI D.R. Horton $36.45 0.15 (0.41%) HOV Hovnanian $1.27 0.01 (0.79%) KBH KB Home $20.96 -0.05 (-0.24%) LEN Lennar $42.92 0.05 (0.12%) PHM PulteGroup $26.27 -0.13 (-0.49%) BECN Beacon Roofing $33.82 -0.17 (-0.50%) MAS Masco $31.01 -0.02 (-0.06%) 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	05 Dec 06 Dec 13 Dec
AVHI A.V. Homes $0.00 (0.00%) , BLD TopBuild $49.77 -0.36 (-0.72%) … 08:38 11/15/18 11/15 08:38 11/15/18 08:38 Conference/Events	Credit Suisse to hold a conference » 5th Annual Housing… 5th Annual Housing Conference will be held in New York on November 15. AVHI A.V. Homes $0.00 (0.00%) BLD TopBuild $49.77 -0.36 (-0.72%) CSTE Caesarstone $14.73 -0.13 (-0.87%) GRBK Green Brick $8.70 -0.15 (-1.69%) HOV Hovnanian $1.28 -0.025 (-1.92%) IBP Installed Building Products $36.26 -0.48 (-1.31%) LEG Leggett & Platt $37.00 -0.08 (-0.22%) NWHM New Home Company $7.82 -0.11 (-1.39%) WHR Whirlpool $112.77 -3.035 (-2.62%) 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	15 Nov

Over a quarter ago
HOV Hovnanian $1.59 0.03 (1.92%) 07:29 10/09/18 10/09 07:29 10/09/18 07:29 Upgrade	Hovnanian rating change at JMP Securities » Hovnanian upgraded to… Hovnanian upgraded to Market Perform after pullback at JMP Securities. As previously reported, JMP Securities analyst Peter Martin upgraded Hovnanian to Market Perform from Underperform after his price target was achieved following a 53% pullback in the stock year-to-date. He is a proponent of management's decision to cut operations back to key markets where it can better compete and scale and sees the shares being fairly valued at current levels, Martin tells investors. 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	15 Nov
HOV Hovnanian $1.59 0.03 (1.92%) 06:16 10/09/18 10/09 06:16 10/09/18 06:16 Upgrade	Hovnanian rating change at JMP Securities » Hovnanian upgraded to… Hovnanian upgraded to Market Perform from Underperform at JMP Securities 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	15 Nov

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