Haverty Furniture Companies (NYSE:HVT – Get Free Report) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a note issued to investors on Friday.
Haverty Furniture Companies Price Performance
NYSE HVT traded down $0.13 on Friday, hitting $23.74. The stock had a trading volume of 145,668 shares, compared to its average volume of 182,705. The business’s fifty day moving average price is $26.37 and its 200 day moving average price is $27.35. Haverty Furniture Companies has a 52-week low of $23.09 and a 52-week high of $37.05. The stock has a market cap of $385.44 million, a price-to-earnings ratio of 8.63, a price-to-earnings-growth ratio of 1.46 and a beta of 1.45.
Haverty Furniture Companies (NYSE:HVT – Get Free Report) last released its quarterly earnings results on Wednesday, July 31st. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.09. Haverty Furniture Companies had a net margin of 4.91% and a return on equity of 12.58%. The business had revenue of $178.60 million for the quarter, compared to analyst estimates of $182.37 million. As a group, sell-side analysts anticipate that Haverty Furniture Companies will post 1.45 EPS for the current year.
Institutional Investors Weigh In On Haverty Furniture Companies
About Haverty Furniture Companies
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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