Why New Horizon Aircraft Ltd.’s (HOVR) Stock Is Up 7.95%
As of Friday, November 06, New Horizon Aircraft Ltd.’s HOVR share price has surged by 7.95%, which has investors questioning if this is right time to sell.Rosalio Madrigal
A+ Stock Grade Summary:
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COMPANY SUMMARY
New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, engages in designing and building hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States. It also designs and delivers Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically. The company was founded in 2013 and is headquartered in Lindsay, Canada.
Commentary & Analysis
Why New Horizon Aircraft Ltd.’s (HOVR) Stock Is Down 6.10%
As of Friday, October 30, New Horizon Aircraft Ltd.’s HOVR share price has dipped by 6.10%, which has investors questioning if this is right time to buy.Michael Rose
Why New Horizon Aircraft Ltd.’s (HOVR) Stock Is Down 5.32%
As of Wednesday, October 14, New Horizon Aircraft Ltd.’s HOVR share price has dipped by 5.32%, which has investors questioning if this is right time to buy.Rosalio Madrigal
Why New Horizon Aircraft Ltd.’s (HOVR) Stock Is Down 6.36%
As of Tuesday, September 15, New Horizon Aircraft Ltd.’s HOVR share price has dipped by 6.36%, which has investors questioning if this is right time to buy.Rosalio Madrigal
Why New Horizon Aircraft Ltd.’s (HOVR) Stock Is Down 8.76%
As of Monday, August 31, New Horizon Aircraft Ltd.’s HOVR share price has dipped by 8.76%, which has investors questioning if this is right time to buy.Cynthia McLaughlin
Financial Summary
| Share Statistics | HOVR | Industry Median |
Percentile (All Stocks) |
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| Market Cap (Mil) | $85.2 | $3,936.8 | 21% |
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| Shares Out (Mil) | 47.3 | 75.0 | 46% |
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| Institutional Ownership | 47.8% | 90.2% | 21% |
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| Float (Mil) | 54.3 | 59.5 | 48% |
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| Beta | 3.84 | 0.91 | 99% |
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| Avg Daily Volume (000s) | 589 | 566 | 60% |
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| Price Change (52-week) |
(41.7%) | 63.6% | 23% |
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| Growth | HOVR | Industry Median |
Percentile (All Stocks) |
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| Sales (5yr) | na | 9.9% | na |
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| Net Income (5yr) | na | 17.6% | na |
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| EPS (5yr) | na | 17.3% | na |
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| Dividends (5yr) | na | 0.0% | na |
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| Cash Flow (5yr) | na | 1.8% | na |
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| Estimates | Qtrly | Current Fiscal Year |
Next Fiscal Year |
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| # of Estimates | 2 | 2 | 2 | |
| Current EPS | ($0.110) | ($0.415) | ($0.635) | |
| Month Ago EPS | ($0.117) | ($0.507) | ($0.784) | |
| # Rev Up | 1 | 0 | 1 | |
| # Rev Down | 0 | 1 | 0 | |
| Three Months Ago EPS | ($0.117) | ($0.507) | ($0.784) | |
| Year/Year Chg | 144.4% | (25.8%) | (12.5%) | |
| Financials | HOVR | Industry Median |
Percentile (All Stocks) |
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| Sales (TTM) (Mil) | na | $984 | na |
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| Net Income (TTM) (Mil) | ($19) | $44 | 24% |
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| EPS (TTM) | ($0.378) | $0.600 | 29% |
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| Operating Cash Flow (TTM) (Mil) | ($15) | $59 | 17% |
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| Net Cash Flow (TTM) (Mil) | $39 | $29 | 68% |
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| Long-Term Debt (Q1) (Mil) | $0 | $357 | 0% |
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| Enterprise Value (Q1) (Mil) | $61 | $3,978 | 18% |
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| Valuation | HOVR | Industry Median |
Percentile (All Stocks) |
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| P/B | 1.92 | 2.84 | 54% |
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| P/E | na | 30.8 | na |
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| Dividend Yield | na | 0.0% | na |
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| PEG (5yr hist) | na | 1.2 | na |
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| Ratios | HOVR | Industry Median |
Percentile (All Stocks) |
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| Gross Margin | na | 27.0% | na |
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| Net Margin | na | 6.0% | na |
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| ROA | (56.8%) | 3.5% | 10% |
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| ROE | (79.6%) | 9.9% | 11% |
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| Liabilities to Assets | 10.2% | 52.4% | 6% |
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| F-Score | 2 | 4 | 7% |
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New Horizon Aircraft Ltd. did not pass any screens on 11/6/2026.
