New Horizon Aircraft Ltd Class A Shares HOVR
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
-
Horizon Aircraft Signs LOI with Great Lakes Helicopter for Cavorite X7 Maintenance and Pilot Training
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Horizon Aircraft to Report First Quarter 2027 Results and Provide a Business Update on October 9, 2026
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Join New Horizon Aircraft's Live Investor Webinar: Advancing a Long-Range Hybrid-Electric eVTOL Platform
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iAccess Alpha Virtual Best Ideas Fall Investment Conference Begins Today with Updated Presentation Schedule
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iAccess Alpha Virtual Best Ideas Fall Investment Conference, September 15-16, 2026
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Horizon Aircraft to Participate in September Investment Conferences
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Horizon Aircraft Appoints Tom Hearne to Board of Directors and Names Him Audit Committee Chair
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Horizon Aircraft Advances All-Weather Certification Path with the Start of Ice Protection Technology Testing
Trading Information
- Previous Close Price
- $1.70
- Day Range
- $1.65–1.73
- 52-Week Range
- $1.16–4.18
- Bid/Ask
- $1.65 / $1.69
- Shares Outstanding
- 67.12M
- Market Cap
- $112.10M
- Volume/Avg
- 331 / 905,218
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- —
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Dividend Payment Schedule
- —
- Total Yield
- —
Company Profile
New Horizon Aircraft Ltd is an aerospace Original Equipment Manufacturer that is designing and building a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities, and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, floods, and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.
- Sector
- Industrials
- Industry
- Aerospace & Defense
- Stock Style Box
- —
- Total Number of Employees
- 58
- Website
- https://www.horizonaircraft.com
Valuation
|
Metric
|
HOVR
|
|---|---|
Price/Earnings (Normalized) | — |
Price/Book Value | 2.19 |
Price/Sales | — |
Price/Cash Flow | — |
Price/Earnings
HOVR
Financial Strength
|
Metric
|
HOVR
|
|---|---|
Quick Ratio | 21.72 |
Current Ratio | 22.76 |
Interest Coverage | — |
Quick Ratio
HOVR
Profitability
|
Metric
|
HOVR
|
|---|---|
Return on Assets (Normalized) | −48.26% |
Return on Equity (Normalized) | −92.59% |
Return on Invested Capital (Normalized) | −69.77% |
Return on Assets
HOVR
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United States