HOVR Stock Overview
An aerospace original equipment manufacturer company, focuses on designing and developing hybrid electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the Uinted States. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
+ 1 more risk
My Notes
Capture your thoughts, links and company narrative
New Horizon Aircraft Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$0.90 |
| 52 Week High | US$3.29 |
| 52 Week Low | US$0.24 |
| Beta | 0 |
| 1 Month Change | 49.67% |
| 3 Month Change | 155.89% |
| 1 Year Change | -50.75% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -91.22% |
Recent News & Updates
Recent updates
Shareholder Returns
| HOVR | US Aerospace & Defense | US Market | |
|---|---|---|---|
| 7D | -11.2% | 5.3% | 3.2% |
| 1Y | -50.7% | 31.0% | 24.0% |
Return vs Industry: HOVR underperformed the US Aerospace & Defense industry which returned 30.2% over the past year.
Return vs Market: HOVR underperformed the US Market which returned 24.5% over the past year.
Price Volatility
| HOVR volatility | |
|---|---|
| HOVR Average Weekly Movement | 31.1% |
| Aerospace & Defense Industry Average Movement | 7.2% |
| Market Average Movement | 6.5% |
| 10% most volatile stocks in US Market | 18.7% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: HOVR's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: HOVR's weekly volatility (31%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | 20 | E. Robinson | www.horizonaircraft.com |
New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, focuses on designing and developing hybrid electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the Uinted States. The company is developing Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically like and helicopter. New Horizon Aircraft Ltd.
New Horizon Aircraft Ltd. Fundamentals Summary
| HOVR fundamental statistics | |
|---|---|
| Market cap | US$28.11m |
| Earnings (TTM) | US$6.78m |
| Revenue (TTM) | n/a |
4.1x
P/E Ratio0.0x
P/S RatioIs HOVR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HOVR income statement (TTM) | |
|---|---|
| Revenue | CA$0 |
| Cost of Revenue | CA$0 |
| Gross Profit | CA$0 |
| Other Expenses | -CA$9.80m |
| Earnings | CA$9.80m |
Last Reported Earnings
Nov 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.31 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 0% |
How did HOVR perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/17 12:55 |
| End of Day Share Price | 2025/01/17 00:00 |
| Earnings | 2024/11/30 |
| Annual Earnings | 2024/05/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
New Horizon Aircraft Ltd. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jesse Sobelson | D. Boral Capital LLC. |