Haverty Furniture Companies (NYSE:HVT – Get Free Report) was downgraded by investment analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday.
Haverty Furniture Companies Stock Performance
NYSE HVT traded down $0.13 on Friday, reaching $23.74. 145,668 shares of the company’s stock traded hands, compared to its average volume of 182,705. The firm has a market cap of $385.44 million, a price-to-earnings ratio of 8.63, a P/E/G ratio of 1.46 and a beta of 1.45. The stock has a 50 day moving average price of $26.37 and a 200-day moving average price of $27.35. Haverty Furniture Companies has a fifty-two week low of $23.09 and a fifty-two week high of $37.05.
Haverty Furniture Companies (NYSE:HVT – Get Free Report) last posted its earnings results on Wednesday, July 31st. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.09. The company had revenue of $178.60 million during the quarter, compared to the consensus estimate of $182.37 million. Haverty Furniture Companies had a net margin of 4.91% and a return on equity of 12.58%. As a group, equities research analysts anticipate that Haverty Furniture Companies will post 1.45 EPS for the current fiscal year.
Institutional Inflows and Outflows
Haverty Furniture Companies Company Profile
Haverty Furniture Companies, Inc operates as a specialty retailer of residential furniture and accessories in the United States. The company offers furniture merchandise under the Havertys brand name. It also provides custom upholstery products and eclectic looks; and mattress product lines under the Tempur-Pedic, Serta, Sealy, and Stearns and Foster names.
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