Nobility Homes (NOBH, $24.80) sales climb +18%; but supply chain issues weigh on completion of homes
Nobility Homes, Inc. posted its diluted earnings for its third quarter (ended August 6) of $0.56 per share compared to $0.29 per in the year-ago quarter.
Sales increased +18% from the year-ago period to $13.8 million. Net income after taxes was $1.9 million as compared to $1.0 million for the same period last year.
Nobility's cash and cash equivalents, certificate of deposits and short term investments were $22.9 million as of the third quarter and no outstanding debt. Working capital stood at $31.2 million.
Terry Trexler, President, stated, 'The demand for affordable manufactured housing in Florida and the U.S. continues to be strong. According to the Florida Manufactured Housing Association, shipments for the industry in Florida for the period from November 2021 through July 2022 were up approximately 22% from the same period last year. Although net sales increased during the three months ended August 6, 2022 as compared to the same period last year, we continued to experience the negative impact of limitations being placed on certain key production materials from suppliers, the delay or lack of key components from vendors as well as back orders, delayed shipments, price increases and labor shortages”. Trexler noted that the supply chain -related challenges in the completion of the homes are expected to continue for the remainder of fiscal year 2022 and potentially beyond until the industry supply chain normalizes.
Trexler said “maintaining our strong financial position is vital for future growth and success”. He added, “Our many years of experience in the Florida market, combined with home buyers' increased need for more affordable housing, should serve the Company well in the coming years”.
NOBH in upward trend: price rose above 50-day moving average on February 27, 2026
NOBH moved above its 50-day moving average on February 27, 2026 date and that indicates a change from a downward trend to an upward trend. In of 36 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on March 11, 2026. You may want to consider a long position or call options on NOBH as a result. In of 84 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for NOBH just turned positive on February 23, 2026. Looking at past instances where NOBH's MACD turned positive, the stock continued to rise in of 53 cases over the following month. The odds of a continued upward trend are .
The 10-day moving average for NOBH crossed bullishly above the 50-day moving average on March 03, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NOBH advanced for three days, in of 44 cases, the price rose further within the following month. The odds of a continued upward trend are .
NOBH may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 57 cases where NOBH's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NOBH declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.506) is normal, around the industry mean (27.902). P/E Ratio (11.236) is within average values for comparable stocks, (55.023). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (1.669). Dividend Yield (0.043) settles around the average of (0.042) among similar stocks. P/S Ratio (1.801) is also within normal values, averaging (24.799).
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. NOBH’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. NOBH’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 79, placing this stock worse than average.
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Industry Homebuilding
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