Haverty Furniture Net Income vs. Shares Owned By Institutions

HVT-A Stock  USD 23.34  0.00  0.00%   
Based on the measurements of profitability obtained from Haverty Furniture's financial statements, Haverty Furniture Companies is performing exceptionally good at the moment. It has a great risk to showcase excellent profitability results in January. Profitability indicators assess Haverty Furniture's ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
1989-09-30
Previous Quarter
4.4 M
Current Value
4.9 M
Quarterly Volatility
6.2 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
At present, Haverty Furniture's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Operating Cash Flow Sales Ratio is expected to grow to 0.12, whereas Price To Sales Ratio is forecasted to decline to 0.36. At present, Haverty Furniture's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 76.3 M, whereas Accumulated Other Comprehensive Income is forecasted to decline to (1 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.410.6067
Way Down
Pretty Stable
Net Profit Margin0.06860.0653
Sufficiently Up
Slightly volatile
Operating Profit Margin0.08190.078
Sufficiently Up
Slightly volatile
Pretax Profit Margin0.08860.0843
Sufficiently Up
Slightly volatile
Return On Assets0.09040.0861
Sufficiently Up
Slightly volatile
Return On Equity0.190.1826
Sufficiently Up
Slightly volatile
For Haverty Furniture profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Haverty Furniture to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Haverty Furniture Companies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Haverty Furniture's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Haverty Furniture Companies over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Please note, there is a significant difference between Haverty Furniture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Haverty Furniture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Haverty Furniture's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Haverty Furniture Shares Owned By Institutions vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Haverty Furniture's current stock value. Our valuation model uses many indicators to compare Haverty Furniture value to that of its competitors to determine the firm's financial worth.
Haverty Furniture Companies is one of the top stocks in net income category among its peers. It also is one of the top stocks in shares owned by institutions category among its peers . The ratio of Net Income to Shares Owned By Institutions for Haverty Furniture Companies is about  5,283,208 . At present, Haverty Furniture's Net Income is projected to increase significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Haverty Furniture's earnings, one of the primary drivers of an investment's value.

Haverty Shares Owned By Institutions vs. Net Income

Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Haverty Furniture

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
56.32 M
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.

Haverty Furniture

Shares Held by Institutions

 = 

Funds and Banks

+

Firms

 = 
10.66 %
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.

Haverty Shares Owned By Institutions Comparison

Haverty Furniture is currently under evaluation in shares owned by institutions category among its peers.

Haverty Furniture Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Haverty Furniture, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Haverty Furniture will eventually generate negative long term returns. The profitability progress is the general direction of Haverty Furniture's change in net profit over the period of time. It can combine multiple indicators of Haverty Furniture, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-983 K-1 M
Operating Income67.3 M70.6 M
Income Before Tax72.7 M76.3 M
Total Other Income Expense Net5.4 M6.4 M
Net Income56.3 M59.1 M
Income Tax Expense16.4 M10.9 M
Net Income From Continuing Ops65.1 M48.7 M
Net Income Applicable To Common Shares102.8 M107.9 M
Net Interest Income4.6 M4.9 M
Interest Income4.6 M4.9 M
Change To NetincomeM8.4 M
Net Income Per Share 3.76  3.95 
Income Quality 1.73  1.51 
Net Income Per E B T 0.77  0.61 

Haverty Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Haverty Furniture. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Haverty Furniture position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Haverty Furniture's important profitability drivers and their relationship over time.

Use Haverty Furniture in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Haverty Furniture position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Haverty Furniture will appreciate offsetting losses from the drop in the long position's value.

Haverty Furniture Pair Trading

Haverty Furniture Companies Pair Trading Analysis

The ability to find closely correlated positions to Haverty Furniture could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Haverty Furniture when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Haverty Furniture - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Haverty Furniture Companies to buy it.
The correlation of Haverty Furniture is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Haverty Furniture moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Haverty Furniture moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Haverty Furniture can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Haverty Furniture position

In addition to having Haverty Furniture in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Munis Funds
Munis Funds Theme
Funds or Etfs that invest in fixed income securities issued by states, cities, and towns as well as other public entities. The Munis Funds theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Munis Funds Theme or any other thematic opportunities.
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When determining whether Haverty Furniture is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Haverty Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Haverty Furniture Companies Stock. Highlighted below are key reports to facilitate an investment decision about Haverty Furniture Companies Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
To fully project Haverty Furniture's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Haverty Furniture at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Haverty Furniture's income statement, its balance sheet, and the statement of cash flows.
Potential Haverty Furniture investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Haverty Furniture investors may work on each financial statement separately, they are all related. The changes in Haverty Furniture's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Haverty Furniture's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.