New Horizon Aircraft Ltd (HOVR) can make a big difference with a little luck

With 0.94 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.87 million shares. During the session, the Aerospace & Defense company that operates in wider Industrials sector, reached to the highest price of $1.67 whereas the lowest price it dropped to was $1.42. The 52-week range on HOVR shows that it touched its highest point at $2.52 and its lowest point at $0.24 during that stretch. It currently has a 1-year price target of $1.86. Beta for the stock currently stands at 2.64.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HOVR was down-trending over the past week, with a drop of -5.45%, but this was down by -1.27% over a month. Three-month performance surged to 200.29% while six-month performance rose 133.53%. The stock gained 38.05% in the past year, while it has gained 122.86% so far this year. A look at the trailing 12-month EPS for HOVR yields 0.29 with Next year EPS estimates of -0.38. For the next quarter, that number is -0.08. This implies an EPS growth rate of -237.39% for this year and -13.36% for next year.

Float and Shares Shorts:

At present, 31.23 million HOVR shares are outstanding with a float of 23.24 million shares on hand for trading. On 2025-07-15, short shares totaled 1.03 million, which was 274.0 higher than short shares on 1749772800. In addition to Mr. E. Brandon Robinson as the firm’s Co-founder, Chairman & CEO, Mr. Brian Merker serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.00341 of HOVR’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2025-02-28, HOVR reported revenue of $0.0 and operating income of -$3554000.0. The EBITDA in the recently reported quarter was -$2088000.0 and diluted EPS was -$0.17.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential. With HOVR analysts setting a high price target of 2.466986 and a low target of 1.2625164, the average target price over the next 12 months is 1.8331882. Based on these targets, HOVR could surge 58.14% to reach the target high and fall by -19.07% to reach the target low. Reaching the average price target will result in a growth of 17.51% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.32579 being high and $0.22249 being low. For HOVR, this leads to a yearly average estimate of $0.27414.

Sete News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.