Haverty Furniture Cos., Inc (NYSE: HVT) is -20.44% lower on its value in year-to-date trading and has touched a low of $17.01 and a high of $33.04 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HVT stock was last observed hovering at around $17.19 in the last trading session, with the day’s gains setting it 0.52%.
Currently trading at $17.71, the stock is -7.19% and -14.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.11 million and changing 3.03% at the moment leaves the stock -25.62% off its SMA200. HVT registered -41.82% loss for a year compared to 6-month loss of -31.14%. The firm has a 50-day simple moving average (SMA 50) of $20.7518 and a 200-day simple moving average (SMA200) of $23.80935.
The stock witnessed a -18.01% gain in the last 1 month and extending the period to 3 months gives it a -21.08%, and is -2.53% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.32% over the week and 5.17% over the month.
Haverty Furniture Cos., Inc (HVT) has around 2334 employees, a market worth around $287.84M and $722.90M in sales. Current P/E ratio is 14.83 and Fwd P/E is 6.96. Profit margin for the company is 2.76%. Distance from 52-week low is 4.12% and -46.40% from its 52-week high. The company has generated returns on investments over the last 12 months (4.08%).
with sales reaching $178.36M over the same period.The EPS is expected to grow by 20.59% this year, but quarterly earnings will post 4.26% year-over-year. Quarterly sales are estimated to shrink -3.06% in year-over-year returns.
193.0 institutions hold shares in Haverty Furniture Cos., Inc (HVT), with institutional investors hold 98.20% of the company’s shares. The shares outstanding are 14.92M, and float is at 13.21M with Short Float at 6.19%. Institutions hold 87.66% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 2.26 million shares valued at $57.27 million. The investor’s holdings represent 13.8591 of the HVT Shares outstanding. As of 2024-06-30, the second largest holder is DIMENSIONAL FUND ADVISORS LP with 1.24 million shares valued at $31.39 million to account for 8.3319 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 1.09 million shares representing 7.3358 and valued at over $27.64 million, while FIRST TRUST ADVISORS LP holds 6.2571 of the shares totaling 0.93 million with a market value of $23.58 million.
