Checking the True Picture for Haverty Furniture Companies, Inc. (HVT)

On Thursday, shares of Haverty Furniture Companies, Inc. (NYSE:HVT) marked $14.35 per share versus a previous $13.96 closing price. With having a 2.79% gain, an insight into the fundamental values of Haverty Furniture Companies, Inc., investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. HVT showed a fall of -28.82% within its YTD performance, with highs and lows between $9.81 – $21.43 during the period of 52 weeks, compared to the simple moving average of -15.82% in the period of the last 200 days.

Raymond James equity researchers changed the status of Haverty Furniture Companies, Inc. (NYSE: HVT) shares from “Strong Buy” to a “Mkt Perform” rating in the report published on October 10th, 2016. Other analysts, including Raymond James, also published their reports on HVT shares. Raymond James repeated the rating from the previous report, marking HVT under “Strong Buy” rating, in the report published on August 2nd, 2016. Additionally, HVT shares got another “Sector Weight” rating from KeyBanc Capital Mkts. On the other hand, Morgan Keegan Downgrade the “Underperform” rating for HVT shares, as published in the report on January 4th, 2008. Morgan Keegan seems to be going bullish on the price of HVT shares, based on the price prediction for HVT.

Haverty Furniture Companies, Inc. (HVT) Analysis

The present dividend yield for HVT owners is set at 0.04, marking the return investors will get regardless of the company’s performance in the upcoming period. However, in order for the company to be able to pay its dividends, just like it is the case with Haverty Furniture Companies, Inc., the company needs to provide a healthy cash flow, currently at the value of 47.96. In addition, the growth of sales from quarter to quarter is recording -4.20%, hinting the company’s progress in the upcoming progress.

In order to gain a clear insight on the performance of Haverty Furniture Companies, Inc. (HVT) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of 7.70% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 0.70 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.

Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while HVT is currently recording an average of 191.67K in volumes. The volatility of the stock on monthly basis is set at 4.02%, while the weekly volatility levels are marked at 3.78%with 2.43% of gain in the last seven days. Additionally, long-term investors are predicting the target price of $16.00, indicating growth from the present price of $14.35, which can represent yet another valuable research and analysis points that can help you decide whether to invest in HVT or pass.

What to Look for When Analyzing Haverty Furniture Companies, Inc. Shares?

Haverty Furniture Companies, Inc. (HVT) is based in the USA and it represents one of the well-known company operating with Consumer Cyclical sector. If you wish to compare HVT shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of 14.32 for Haverty Furniture Companies, Inc., while the value 16.12 can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value 1.00 is supported by the yearly EPS growth of -24.30%.

Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 2.10%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 98.10% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.

Are Institutional Investors Increasing Stakes in HVT Shares?

At the present, 98.10% of HVT shares are in the ownership of institutional investors.