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Haverty Furniture Cos., Inc (NYSE: HVT) closed the day trading at $22.15 down -7.48% from the previous closing price of $23.94. In other words, the price has decreased by -$7.48 from its previous closing price. On the day, 0.53 million shares were traded. HVT stock price reached its highest trading level at $22.76 during the session, while it also had its lowest trading level at $21.64.
Ratios:
For a better understanding of HVT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.91. For the most recent quarter (mrq), Quick Ratio is recorded 1.13 and its Current Ratio is at 1.84. In the meantime, Its Debt-to-Equity ratio is 0.70 whereas as Long-Term Debt/Eq ratio is at 0.58.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, The Benchmark Company on July 11, 2023, initiated with a Buy rating and assigned the stock a target price of $41.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 29 ’24 when BURDETTE STEVEN G sold 6,500 shares for $34.35 per share. The transaction valued at 223,256 led to the insider holds 16,663 shares of the business.
Gill John Linwood sold 4,000 shares of HVT for $129,885 on Dec 07 ’23. The Executive V.P., Merchandising now owns 16,477 shares after completing the transaction at $32.47 per share. On Nov 15 ’23, another insider, HAVERTY RAWSON JR, who serves as the Director of the company, sold 3,519 shares for $31.57 each. As a result, the insider received 111,098 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HVT now has a Market Capitalization of 363782720 and an Enterprise Value of 464891648. As of this moment, Haverty’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.53, and their Forward P/E ratio for the next fiscal year is 8.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.79. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 1.18. Its current Enterprise Value per Revenue stands at 0.62 whereas that against EBITDA is 9.538.
Stock Price History:
Over the past 52 weeks, HVT has reached a high of $37.05, while it has fallen to a 52-week low of $23.09. The 50-Day Moving Average of the stock is -14.78%, while the 200-Day Moving Average is calculated to be -23.74%.
Shares Statistics:
Over the past 3-months, HVT traded about 300.44K shares per day on average, while over the past 10 days, HVT traded about 217690 shares per day. A total of 14.87M shares are outstanding, with a floating share count of 13.36M. Insiders hold about 18.58% of the company’s shares, while institutions hold 79.48% stake in the company. Shares short for HVT as of 1728950400 were 1458626 with a Short Ratio of 4.86, compared to 1726185600 on 1929701. Therefore, it implies a Short% of Shares Outstanding of 1458626 and a Short% of Float of 11.87.
Dividends & Splits
HVT’s forward annual dividend rate is 1.24, up from 1.24 a year ago. Against a Trailing Annual Dividend Yield of 0.051796157The stock’s 5-year Average Dividend Yield is 3.66.
