Haverty Furniture Companies Stock Z Score
HVT Stock | USD 32.55 0.25 0.76% |
Haverty | Z Score |
Haverty Furniture Companies Company Z Score Analysis
Haverty Furniture's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
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Haverty Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Haverty Furniture is extremely important. It helps to project a fair market value of Haverty Stock properly, considering its historical fundamentals such as Z Score. Since Haverty Furniture's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Haverty Furniture's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Haverty Furniture's interrelated accounts and indicators.
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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Competition |
According to the company's disclosures, Haverty Furniture Companies has a Z Score of 0.0. This is 100.0% lower than that of the Specialty Retail sector and about the same as Consumer Discretionary (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
Haverty Furniture Institutional Holders
Institutional Holdings refers to the ownership stake in Haverty Furniture that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Haverty Furniture's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Haverty Furniture's value.Shares | Arrowstreet Capital Limited Partnership | 2023-12-31 | 281.1 K | Hotchkis & Wiley Capital Management Llc | 2023-12-31 | 272.7 K | Goldman Sachs Group Inc | 2023-12-31 | 261.4 K | Cambria Investment Management, L.p. | 2023-12-31 | 256.9 K | Bank Of New York Mellon Corp | 2023-12-31 | 244.3 K | American Century Companies Inc | 2023-12-31 | 233.1 K | Ameriprise Financial Inc | 2023-12-31 | 179.4 K | Citadel Advisors Llc | 2023-09-30 | 177.8 K | Bridgeway Capital Management, Llc | 2023-12-31 | 148.9 K | Blackrock Inc | 2023-12-31 | 2.4 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.3 M |
Haverty Fundamentals
Return On Equity | 0.19 | |||
Return On Asset | 0.0645 | |||
Profit Margin | 0.07 % | |||
Operating Margin | 0.08 % | |||
Current Valuation | 626.71 M | |||
Shares Outstanding | 14.96 M | |||
Shares Owned By Insiders | 10.54 % | |||
Shares Owned By Institutions | 90.31 % | |||
Number Of Shares Shorted | 947.71 K | |||
Price To Earning | 7.51 X | |||
Price To Book | 1.61 X | |||
Price To Sales | 0.58 X | |||
Revenue | 862.13 M | |||
Gross Profit | 604.23 M | |||
EBITDA | 85.88 M | |||
Net Income | 56.32 M | |||
Cash And Equivalents | 123.13 M | |||
Cash Per Share | 8.78 X | |||
Total Debt | 217.75 M | |||
Debt To Equity | 0.87 % | |||
Current Ratio | 1.48 X | |||
Book Value Per Share | 19.10 X | |||
Cash Flow From Operations | 97.2 M | |||
Short Ratio | 7.37 X | |||
Earnings Per Share | 3.36 X | |||
Price To Earnings To Growth | 0.90 X | |||
Target Price | 40.67 | |||
Number Of Employees | 2.57 K | |||
Beta | 1.45 | |||
Market Capitalization | 532.09 M | |||
Total Asset | 715.34 M | |||
Retained Earnings | 419.47 M | |||
Working Capital | 113.33 M | |||
Current Asset | 218.71 M | |||
Current Liabilities | 93.96 M | |||
Annual Yield | 0.04 % | |||
Five Year Return | 3.40 % | |||
Net Asset | 715.34 M | |||
Last Dividend Paid | 1.18 |
About Haverty Furniture Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Haverty Furniture Companies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Haverty Furniture using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Haverty Furniture Companies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Haverty Furniture in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Haverty Furniture's short interest history, or implied volatility extrapolated from Haverty Furniture options trading.
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Complementary Tools for Haverty Stock analysis
When running Haverty Furniture's price analysis, check to measure Haverty Furniture's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Haverty Furniture is operating at the current time. Most of Haverty Furniture's value examination focuses on studying past and present price action to predict the probability of Haverty Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Haverty Furniture's price. Additionally, you may evaluate how the addition of Haverty Furniture to your portfolios can decrease your overall portfolio volatility.
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Is Haverty Furniture's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Haverty Furniture. If investors know Haverty will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Haverty Furniture listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.36) | Dividend Share 1.18 | Earnings Share 3.36 | Revenue Per Share 52.989 | Quarterly Revenue Growth (0.25) |
The market value of Haverty Furniture is measured differently than its book value, which is the value of Haverty that is recorded on the company's balance sheet. Investors also form their own opinion of Haverty Furniture's value that differs from its market value or its book value, called intrinsic value, which is Haverty Furniture's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Haverty Furniture's market value can be influenced by many factors that don't directly affect Haverty Furniture's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Haverty Furniture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Haverty Furniture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Haverty Furniture's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.