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
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 Up 6.22%
As of Monday, August 10, New Horizon Aircraft Ltd.’s HOVR share price has surged by 6.22%, which has investors questioning if this is right time to sell.Michael Rose
Why New Horizon Aircraft Ltd.’s (HOVR) Stock Is Up 6.98%
As of Wednesday, August 05, New Horizon Aircraft Ltd.’s HOVR share price has surged by 6.98%, which has investors questioning if this is right time to sell.Jenna Brashear
Why New Horizon Aircraft Ltd.’s (HOVR) Stock Is Up 5.23%
As of Monday, August 03, New Horizon Aircraft Ltd.’s HOVR share price has surged by 5.23%, which has investors questioning if this is right time to sell.Jenna Brashear
Why New Horizon Aircraft Ltd.’s (HOVR) Stock Is Up 5.66%
As of Thursday, July 30, New Horizon Aircraft Ltd.’s HOVR share price has surged by 5.66%, which has investors questioning if this is right time to sell.Michael Rose
Financial Summary
| Share Statistics | HOVR | Industry Median |
Percentile (All Stocks) |
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| Market Cap (Mil) | $112.3 | $4,012.3 | 22% |
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| Shares Out (Mil) | 35.1 | 79.5 | 40% |
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| Institutional Ownership | 48.5% | 91.8% | 22% |
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| Float (Mil) | 54.1 | 60.2 | 49% |
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| Beta | 3.84 | 0.92 | 99% |
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| Avg Daily Volume (000s) | 659 | 563 | 65% |
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| Price Change (52-week) |
4.4% | 65.6% | 50% |
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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 | 17.1% | 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 | ($0.087) | ($0.518) | ($0.800) | |
| Month Ago EPS | ($0.087) | ($0.518) | ($0.800) | |
| # Rev Up | 1 | 0 | 1 | |
| # Rev Down | 0 | 1 | 0 | |
| Three Months Ago EPS | ($0.116) | ($0.818) | ($1.188) | |
| Year/Year Chg | (13.9%) | (7.3%) | 83.9% | |
| Financials | HOVR | Industry Median |
Percentile (All Stocks) |
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| Sales (TTM) (Mil) | na | $904 | na |
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| Net Income (TTM) (Mil) | ($24) | $37 | 22% |
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| EPS (TTM) | ($0.558) | $0.400 | 27% |
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| Operating Cash Flow (TTM) (Mil) | ($12) | $30 | 19% |
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| Net Cash Flow (TTM) (Mil) | $51 | $25 | 70% |
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| Long-Term Debt (Q1) (Mil) | $0 | $316 | 0% |
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| Enterprise Value (Q1) (Mil) | $67 | $3,900 | 18% |
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| Valuation | HOVR | Industry Median |
Percentile (All Stocks) |
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| P/B | 2.21 | 3.25 | 54% |
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| P/E | na | 38.7 | na |
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| Dividend Yield | na | 0.0% | na |
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| PEG (5yr hist) | na | 1.5 | na |
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| Ratios | HOVR | Industry Median |
Percentile (All Stocks) |
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| Gross Margin | na | 27.4% | na |
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| Net Margin | na | 5.5% | na |
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| ROA | (71.8%) | 3.1% | 8% |
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| ROE | (108.3%) | 9.6% | 8% |
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| Liabilities to Assets | 15.1% | 51.6% | 9% |
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| F-Score | 2 | 4 | 7% |
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New Horizon Aircraft Ltd. did not pass any screens on 9/4/2026.
