Is Haverty Furniture Stock a Good Investment?
Haverty Furniture Investment Advice | HVT |
- Examine Haverty Furniture's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Haverty Furniture's leadership team and their track record. Good management can help Haverty Furniture navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Homefurnishing Retail space and any emerging trends that could impact Haverty Furniture's business and its evolving consumer preferences.
- Compare Haverty Furniture's performance and market position to its competitors. Analyze how Haverty Furniture is positioned in terms of product offerings, innovation, and market share.
- Check if Haverty Furniture pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Haverty Furniture's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Haverty Furniture Companies stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Haverty Furniture Companies is a good investment.
Sell | Buy |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Haverty Furniture Stock
Researching Haverty Furniture's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 92.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.23. Some equities with similar Price to Book (P/B) outperform the market in the long run. Haverty Furniture has Price/Earnings To Growth (PEG) ratio of 0.83. The entity last dividend was issued on the 26th of November 2024. The firm had 2:1 split on the 26th of August 1999.
To determine if Haverty Furniture is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Haverty Furniture's research are outlined below:
| Haverty Furniture generated a negative expected return over the last 90 days | |
| Haverty Furniture is unlikely to experience financial distress in the next 2 years | |
| Over 92.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Pzena Investment Management LLC Takes Position in Haverty Furniture Companies, Inc. - MarketBeat |
Haverty Furniture uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Haverty Furniture Companies. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Haverty Furniture's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 20th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Haverty Furniture's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Haverty Furniture's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2005-08-01 | 2005-06-30 | 0.07 | 0.06 | -0.01 | 14 | ||
1998-07-16 | 1998-06-30 | 0.08 | 0.09 | 0.01 | 12 | ||
1997-07-17 | 1997-06-30 | 0.07 | 0.06 | -0.01 | 14 | ||
1996-07-18 | 1996-06-30 | 0.05 | 0.04 | -0.01 | 20 | ||
1996-04-17 | 1996-03-31 | 0.1 | 0.11 | 0.01 | 10 | ||
2012-10-31 | 2012-09-30 | 0.12 | 0.14 | 0.02 | 16 | ||
2011-02-26 | 2010-12-31 | 0.16 | 0.18 | 0.02 | 12 | ||
2008-11-05 | 2008-09-30 | -0.05 | -0.07 | -0.02 | 40 |
Know Haverty Furniture's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Haverty Furniture is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Haverty Furniture Companies backward and forwards among themselves. Haverty Furniture's institutional investor refers to the entity that pools money to purchase Haverty Furniture's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 340.2 K | Hotchkis & Wiley Capital Management Llc | 2024-06-30 | 333.3 K | Geode Capital Management, Llc | 2024-06-30 | 330.5 K | Northern Trust Corp | 2024-09-30 | 267.7 K | Charles Schwab Investment Management Inc | 2024-09-30 | 224.7 K | Bank Of New York Mellon Corp | 2024-06-30 | 222.8 K | Bridgeway Capital Management, Llc | 2024-06-30 | 159.9 K | Jpmorgan Chase & Co | 2024-06-30 | 149.9 K | Deprince Race & Zollo Inc | 2024-06-30 | 145.9 K | Blackrock Inc | 2024-06-30 | 2.3 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.2 M |
Haverty Furniture's market capitalization trends
The company currently falls under 'Small-Cap' category with a total capitalization of 378.42 M.Market Cap |
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Haverty Furniture's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.09 | 0.09 | |
| Return On Capital Employed | 0.13 | 0.14 | |
| Return On Assets | 0.09 | 0.09 | |
| Return On Equity | 0.18 | 0.19 |
Determining Haverty Furniture's profitability involves analyzing its financial statements and using various financial metrics to determine if Haverty Furniture is a good buy. For example, gross profit margin measures Haverty Furniture's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Haverty Furniture's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Haverty Furniture's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Haverty Furniture Companies. Check Haverty Furniture's Beneish M Score to see the likelihood of Haverty Furniture's management manipulating its earnings.
Evaluate Haverty Furniture's management efficiency
Haverty Furniture has Return on Asset of 0.0264 % which means that on every $100 spent on assets, it made $0.0264 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0857 %, implying that it generated $0.0857 on every 100 dollars invested. Haverty Furniture's management efficiency ratios could be used to measure how well Haverty Furniture manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.09 in 2024. Return On Capital Employed is likely to gain to 0.14 in 2024. Non Current Liabilities Other is likely to gain to about 20.4 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 102.4 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 20.57 | 21.60 | |
| Tangible Book Value Per Share | 20.57 | 21.60 | |
| Enterprise Value Over EBITDA | 7.33 | 11.41 | |
| Price Book Value Ratio | 1.73 | 1.08 | |
| Enterprise Value Multiple | 7.33 | 11.41 | |
| Price Fair Value | 1.73 | 1.08 | |
| Enterprise Value | 498.1 M | 400.6 M |
The leadership approach at Haverty Furniture's fosters a culture of excellence and accountability. Our analysis examines how this culture influences financial outcomes and stock valuation.
Dividend Yield 0.0553 | Forward Dividend Yield 0.0553 | Forward Dividend Rate 1.28 | Beta 1.402 |
Basic technical analysis of Haverty Stock
As of the 22nd of November, Haverty Furniture retains the Risk Adjusted Performance of (0.08), market risk adjusted performance of (0.19), and Standard Deviation of 2.46. Haverty Furniture technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.Haverty Furniture's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Haverty Furniture insiders, such as employees or executives, is commonly permitted as long as it does not rely on Haverty Furniture's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Haverty Furniture insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Understand Haverty Furniture's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Haverty Furniture's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | (0.19) | |||
| Mean Deviation | 1.83 | |||
| Coefficient Of Variation | (901.89) | |||
| Standard Deviation | 2.46 | |||
| Variance | 6.04 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (0.43) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | (0.20) | |||
| Maximum Drawdown | 13.87 | |||
| Value At Risk | (3.51) | |||
| Potential Upside | 4.4 | |||
| Skewness | (0.16) | |||
| Kurtosis | 1.6 |
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | (0.19) | |||
| Mean Deviation | 1.83 | |||
| Coefficient Of Variation | (901.89) | |||
| Standard Deviation | 2.46 | |||
| Variance | 6.04 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (0.43) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | (0.20) | |||
| Maximum Drawdown | 13.87 | |||
| Value At Risk | (3.51) | |||
| Potential Upside | 4.4 | |||
| Skewness | (0.16) | |||
| Kurtosis | 1.6 |
Consider Haverty Furniture's intraday indicators
Haverty Furniture intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Haverty Furniture stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Haverty Furniture Corporate Filings
F4 | 15th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 13th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 4th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 30th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Haverty Stock media impact
Far too much social signal, news, headlines, and media speculation about Haverty Furniture that are available to investors today. That information is available publicly through Haverty media outlets and privately through word of mouth or via Haverty internal channels. However, regardless of the origin, that massive amount of Haverty data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Haverty Furniture news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Haverty Furniture relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Haverty Furniture's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Haverty Furniture alpha.
Haverty Furniture Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Haverty Furniture can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Haverty Furniture Corporate Directors
| Mylle Mangum | Independent Director | Profile | |
| G Hough | Lead Independent Director | Profile | |
| John Glover | Lead Independent Director | Profile | |
| Al Trujillo | Independent Director | Profile |
Additional Tools for Haverty Stock Analysis
When running Haverty Furniture's price analysis, check to measure Haverty Furniture's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Haverty Furniture is operating at the current time. Most of Haverty Furniture's value examination focuses on studying past and present price action to predict the probability of Haverty Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Haverty Furniture's price. Additionally, you may evaluate how the addition of Haverty Furniture to your portfolios can decrease your overall portfolio volatility.