David Bachstetter - Hovnanian Enterprises Vice President - Finance, Treasurer

HOV Stock  USD 129.03  0.53  0.41%   

President

Mr. David L. Bachstetter is Vice President Finance Treasurer of the Company. effective July 31 2015. Mr. Bachstetter joined the Company as Vice PresidentFinance in March 2011. Prior to joining the Company Mr. Bachstetter served as Vice President Investment Banking at Barclays Capital and was an Associate Investment Banking for Lehman Brothers since 2015.
Age 38
Tenure 9 years
Professional MarksMBA
Address 90 Matawan Road, Matawan, NJ, United States, 07747
Phone732 747 7800
Webhttps://www.khov.com
Bachstetter holds a B.S. in Business Administration from Villanova University and an M.B.A. from the University of North Carolina at Chapel Hill KenanFlagler Business School.

Hovnanian Enterprises Management Efficiency

The company has Return on Asset of 0.0721 % which means that on every $100 spent on assets, it made $0.0721 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.4209 %, implying that it generated $0.4209 on every 100 dollars invested. Hovnanian Enterprises' management efficiency ratios could be used to measure how well Hovnanian Enterprises manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Hovnanian Enterprises' Return On Tangible Assets are fairly stable compared to the past year. Return On Assets is likely to climb to 0.1 in 2024, despite the fact that Return On Capital Employed is likely to grow to (2.45). At this time, Hovnanian Enterprises' Non Current Assets Total are fairly stable compared to the past year. Net Tangible Assets is likely to climb to about 539.1 M in 2024, whereas Non Currrent Assets Other are likely to drop slightly above 122.2 M in 2024.
The company has 1.14 B in debt with debt to equity (D/E) ratio of 4.21, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Hovnanian Enterprises has a current ratio of 4.77, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Hovnanian Enterprises until it has trouble settling it off, either with new capital or with free cash flow. So, Hovnanian Enterprises' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hovnanian Enterprises sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hovnanian to invest in growth at high rates of return. When we think about Hovnanian Enterprises' use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

PRESIDENT Age

Joann BlaylockLennar
N/A
Michael GrubbToll Brothers
60
Paul PrayloNVR Inc
49
C WhiteMeritage
59
Douglas MillerTaylor Morn Home
N/A
Brian WoramKB Home
63
Albert PrawKB Home
75
Vince DePorreKB Home
N/A
Steward SparksBeazer Homes USA
N/A
David GoldbergBeazer Homes USA
45
Greg McGuffLennar
N/A
David GroveLennar
N/A
Robert ParahusToll Brothers
60
Michael TaylorTRI Pointe Homes
N/A
Thomas MitchellTRI Pointe Homes
63
Adam HiebKB Home
N/A
Wendy MarlettToll Brothers
60
Tench TilghmanLennar
N/A
Robert OshaughnessyPulteGroup
58
Derek KlutchMI Homes
60
Liesel CooperCentury Communities
50
Hovnanian Enterprises, Inc. engages in the design, construction, marketing, and sale of residential homes in the United States. The company was founded in 1959 and is headquartered in Matawan, New Jersey. Hovnanian Enterprises operates under Residential Construction classification in the United States and is traded on New York Stock Exchange. It employs 1784 people. Hovnanian Enterprises (HOV) is traded on New York Stock Exchange in USA. It is located in 90 Matawan Road, Matawan, NJ, United States, 07747 and employs 1,715 people. Hovnanian Enterprises is listed under Household Durables category by Fama And French industry classification.

Management Performance

Hovnanian Enterprises Leadership Team

Elected by the shareholders, the Hovnanian Enterprises' board of directors comprises two types of representatives: Hovnanian Enterprises inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hovnanian. The board's role is to monitor Hovnanian Enterprises' management team and ensure that shareholders' interests are well served. Hovnanian Enterprises' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Hovnanian Enterprises' outside directors are responsible for providing unbiased perspectives on the board's policies.
David Bachstetter, Vice President - Finance, Treasurer
Daniel Klinger, Pres LLC
Lucian Smith, Chief Operating Officer
Robin Sellers, Independent Director
Stephen Weinroth, Independent Director
Vincent Pagano, Independent Director
Ara Hovnanian, Chairman of the Board, President, Chief Executive Officer
Larry Sorsby, CFO, Executive VP and Director
Jeffrey OKeefe, Vice Relations
Elizabeth Tice, Corporate VP
Edward Kangas, Independent Director
Paul Marabella, Chief VP
Michael Kehoe, Pres Agencies
Miriam Hernandezkakol, Independent Director
Joseph Riggs, Group President
Brad OConnor, Senior Vice President, Chief Accounting Officer, Treasurer
J Sorsby, Chief Financial Officer, Executive Vice President, Director
Joseph Marengi, Independent Director
Robert Coutts, Independent Director
Alexander Hovnanian, Executive Operations
Thomas Pellerito, COO

Hovnanian Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Hovnanian Enterprises a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hovnanian Enterprises in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hovnanian Enterprises' short interest history, or implied volatility extrapolated from Hovnanian Enterprises options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Hovnanian Enterprises is a strong investment it is important to analyze Hovnanian Enterprises' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hovnanian Enterprises' future performance. For an informed investment choice regarding Hovnanian Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hovnanian Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Hovnanian Stock please use our How to Invest in Hovnanian Enterprises guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for Hovnanian Stock analysis

When running Hovnanian Enterprises' price analysis, check to measure Hovnanian Enterprises' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hovnanian Enterprises is operating at the current time. Most of Hovnanian Enterprises' value examination focuses on studying past and present price action to predict the probability of Hovnanian Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hovnanian Enterprises' price. Additionally, you may evaluate how the addition of Hovnanian Enterprises to your portfolios can decrease your overall portfolio volatility.
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Fundamental Analysis
View fundamental data based on most recent published financial statements
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Is Hovnanian Enterprises' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hovnanian Enterprises. If investors know Hovnanian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hovnanian Enterprises listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.288
Earnings Share
27.53
Revenue Per Share
449.441
Quarterly Revenue Growth
0.153
Return On Assets
0.0721
The market value of Hovnanian Enterprises is measured differently than its book value, which is the value of Hovnanian that is recorded on the company's balance sheet. Investors also form their own opinion of Hovnanian Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Hovnanian Enterprises' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hovnanian Enterprises' market value can be influenced by many factors that don't directly affect Hovnanian Enterprises' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hovnanian Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hovnanian Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hovnanian Enterprises' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.