Undervalued Homebuilding & Construction Stocks on NYS June 2024

June 30, 2024

Homebuilding & Construction

Homebuilding & Construction companies build and renovate residential buildings, such as single-family houses, apartments, and hotels.

New York Stock Exchange

The New York Stock Exchange, located in New York City, is the largest securities exchange in the world by market capitalization of its listed companies.

Our Valuation

A stock is considered undervalued if it trades at a discount to our valuation. To determine a stock’s intrinsic value, we developed an algorithm that uses 6 valuation models to determine the value of a company.* To learn more about stockcalc’s valuation methods, click here.

Undervalued Homebuilding & Construction stocks

Stocks in this category are traded through the economic cycles primarily for capital appreciation. Large cap stocks in this space are also held for income.

For an in-depth look at the fundamentals and valuation of each company, try the stockcalc platform free for 30 days.

SymbolNameClose Price ($)Valuation ($)Difference (%)Average Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
HOV Hovnanian Enterprises 141.92 167.70 18.16 87953 980 0.00 4.8
BZH Beazer Homes USA 27.48 29.05 5.71 384692 856 0.00 5.3
All data provided as at market close June 27, 2024.

Company Details

Hovnanian Enterprises

HOV:NYS

Close Price

141.92

Our Valuation

167.70

% Difference

18.16

Market Cap ($M)

980

P/E Ratio

4.8

Hovnanian Enterprises Inc conducts all of its homebuilding and financial services operations . The company designs, constructs, markets, and sells single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes in planned residential developments. It has two distinct operations: homebuilding and financial services.

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Beazer Homes USA

BZH:NYS

Close Price

27.48

Our Valuation

29.05

% Difference

5.71

Market Cap ($M)

856

P/E Ratio

5.3

Beazer Homes USA Inc is an construction company that focuses on residential construction. The company specializes in single-family housing and multi-unit building construction in over 13 states and over 22 metro markets. Beazer Homes builds homes and communities that target first-time, move-up, and luxury homebuyers with an average selling price of roughly $300,000.

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Hovnanian Enterprises and Beazer Homes USA are the most undervalued Homebuilding & Construction stocks on the NYS. See the full list on the blog: https://www.stockcalc.com/Blog/undervalued-homebuilding-construction-stocks-nys-june-2024
Hovnanian Enterprises $HOV and Beazer Homes USA $BZH are the most undervalued Homebuilding & Construction stocks on the #NYS. See the full list: https://www.stockcalc.com/Blog/undervalued-homebuilding-construction-stocks-nys-june-2024
Hovnanian Enterprises and Beazer Homes USA are the most undervalued Homebuilding & Construction stocks on the NYS. See the full list on the blog: https://www.stockcalc.com/Blog/undervalued-homebuilding-construction-stocks-nys-june-2024

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