Haverty Furniture Companies Stock Today
Haverty Furniture is trading at 32.44 as of the 16th of April 2024, a -1.99 percent decrease since the beginning of the trading day. The stock's open price was 33.1. Equity ratings for Haverty Furniture Companies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of March 2024 and ending today, the 16th of April 2024. Click here to learn more.
Business Domain Consumer Discretionary Distribution & Retail | IPO Date 25th of February 1992 | Category Consumer Cyclical | Classification Consumer Discretionary |
Valuation Profit Patterns
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Haverty Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Haverty Furniture's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Haverty Furniture or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Internet & Direct Marketing Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NYSE Composite, Consumer Discretionary, Internet & Direct Marketing Retail, Home Improvement Retail, Consumer Cyclical (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering Haverty Furniture report their recommendations after researching Haverty Furniture's financial statements, talking to executives and customers, or listening in on Haverty Furniture's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Haverty Furniture. The Haverty consensus assessment is calculated by taking the average forecast from all of the analysts covering Haverty Furniture. | |||||
Haverty Furniture's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Haverty Furniture's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Haverty Furniture's financial leverage. It provides some insight into what part of Haverty Furniture's total assets is financed by creditors.
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Haverty Furniture Companies (HVT-A) is traded on New York Stock Exchange in USA and employs 2,574 people. Haverty Furniture is listed under Internet & Direct Marketing Retail category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 500.21 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Haverty Furniture's market, we take the total number of its shares issued and multiply it by Haverty Furniture's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Haverty Furniture classifies itself under Internet & Direct Marketing Retail sector and is part of Consumer Discretionary industry. The entity has 1.28 M outstanding shares of which 119 shares are currently shorted by private and institutional investors with about 1.42 days to cover all short positions.
Haverty Furniture Companies has accumulated about 235.34 M in cash with 97.2 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 12.85.
Check Haverty Furniture Probability Of Bankruptcy
Haverty Stock Price Odds Analysis
What are Haverty Furniture's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Haverty Furniture jumping above the current price in 90 days from now is about 61.53%. The Haverty Furniture Companies probability density function shows the probability of Haverty Furniture stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Haverty Furniture Companies has a beta of -0.6476. This usually indicates as returns on the benchmark increase, returns on holding Haverty Furniture are expected to decrease at a much lower rate. During a bear market, however, Haverty Furniture Companies is likely to outperform the market. Additionally, haverty Furniture Companies has an alpha of 0.4111, implying that it can generate a 0.41 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Haverty Furniture to move above the current price in 90 days from now is about 61.53 (This Haverty Furniture Companies probability density function shows the probability of Haverty Stock to fall within a particular range of prices over 90 days) .
Haverty Furniture Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Haverty Furniture market risk premium is the additional return an investor will receive from holding Haverty Furniture long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Haverty Furniture. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Haverty Furniture's alpha and beta are two of the key measurements used to evaluate Haverty Furniture's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.78 | |||
| Semi Deviation | 2.28 | |||
| Standard Deviation | 3.77 | |||
| Variance | 14.22 |
Haverty Stock Against Markets
Picking the right benchmark for Haverty Furniture stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Haverty Furniture stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Haverty Furniture is critical whether you are bullish or bearish towards Haverty Furniture Companies at a given time. Please also check how Haverty Furniture's historical prices are related to one of the top price index indicators.
Haverty Furniture Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Haverty Furniture stock to make a market-neutral strategy. Peer analysis of Haverty Furniture could also be used in its relative valuation, which is a method of valuing Haverty Furniture by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Haverty Furniture Corporate Management
Elected by the shareholders, the Haverty Furniture's board of directors comprises two types of representatives: Haverty Furniture inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Haverty. The board's role is to monitor Haverty Furniture's management team and ensure that shareholders' interests are well served. Haverty Furniture's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Haverty Furniture's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Scott Miles | Senior Stores | Profile | |
| Edward Clary | Executive Officer | Profile | |
| Rawson Haverty | Sr Director | Profile | |
| Rhonda Wolf | Senior Merchandising | Profile | |
| Steven Burdette | President | Profile | |
| Jenny Parker | Senior Secretary | Profile | |
| Clarence Smith | Chairman CEO | Profile |
How to buy Haverty Stock?
Before investing in Haverty Furniture, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Haverty Furniture. To buy Haverty Furniture stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Haverty Furniture. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Haverty Furniture stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Haverty Furniture Companies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Haverty Furniture Companies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Haverty Furniture Companies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Haverty Furniture Companies?
The danger of trading Haverty Furniture Companies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Haverty Furniture is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Haverty Furniture. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Haverty Furniture is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Haverty Furniture is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Haverty Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Haverty Furniture Companies Stock. Highlighted below are key reports to facilitate an investment decision about Haverty Furniture Companies Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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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