- Earnings Performance: NVR’s Q4 EPS was $139.93, surpassing the estimated $129.14 and up from $121.56 last year.
- Revenue Growth: Consolidated revenue rose 17% year-over-year to $2.85 billion, slightly above the estimate of $2.83 billion.
- Home Building Revenue: Increased by 16% year-over-year to $2.78 billion, slightly below the estimate of $2.83 billion.
- Net Orders Decline: Net orders dropped by 8% compared to the previous year.
- Gross Margin: Achieved a gross margin of 23.6%, slightly higher than the estimate of 23.3%, but down from 24.1% last year.
- Backlog: Backlog declined by 3%, with 9,953 units, falling short of the estimated 10,626 units.
- Cancellation Rate: The cancellation rate increased to 16.9%, up from 13% in the previous year.
- Community Count: The average number of active communities was 426, a decrease of 2.7% from last year, below the estimate of 431.12.
- New Home Settlements: There were 6,180 new home settlements, exceeding both the estimate of 6,056 and last year’s figures by 16%.
- Average Order Price: The average price for new orders was $0.47 million, a 4% increase year-over-year, above the estimate of $0.45 million.
- Stock Recommendations: The stock has 1 buy rating, 6 hold ratings, and 1 sell rating.
Nvr Inc on Smartkarma
In a recent report on Smartkarma by Contrarian Cashflows, analysts shared insights on Nvr Inc, a company attracting attention from top independent analysts. The report, titled “Portfolio Update: September 2024,” highlighted a discussion at an investment conference where the focus was on value investing versus quality growth investing. While many investors are leaning towards quality growth, Contrarian Cashflows and Mr. Robotti maintain their preference for cyclical stocks like Tidewater Inc. The report acknowledged the challenges of investing in companies facing potential failure, emphasizing the importance of navigating the capital cycle wisely.
Analyst coverage on Smartkarma provides valuable perspectives on companies like Nvr Inc, shedding light on different investing strategies. By following research reports from analysts such as Contrarian Cashflows, investors can gain a deeper understanding of market dynamics and potential investment opportunities. With independent thinkers contributing diverse viewpoints, Smartkarma serves as a platform for investors seeking thorough analysis and insights into companies like Nvr Inc to make informed decisions in the ever-evolving financial landscape.
A look at Nvr Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to Smartkarma Smart Scores, Nvr Inc‘s long-term outlook appears promising. With a strong Growth score of 4 and Resilience score of 4, the company is positioned for potential long-term success in the housing market. Nvr Inc is known for building and marketing homes under various brand names, making it a key player in the real estate industry.
While the Value score is moderate at 2 and the Dividend score is low at 1, the company’s Momentum score of 3 suggests steady progress in its market performance. Investors may find Nvr Inc an attractive prospect for growth opportunities given its elevated scores in Growth and Resilience, showcasing its potential to thrive in the ever-evolving housing sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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