Haverty Furniture Stock Target Price and Analyst Consensus

HVT Stock  USD 30.27  0.17  0.56%   
The current analyst and expert consensus on Haverty Furniture is Strong Buy, with only one strong buy opinion. The current projected Haverty Furniture target price consensus is 40.00 with 1 analyst opinions. The most common way Haverty Furniture analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Haverty Furniture executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Haverty Furniture. We encourage you to use your own analysis of Haverty Furniture to validate this buy or sell advice. Haverty Furniture buy-or-sell recommendation module provides average expert sentiment on the projected Haverty Furniture target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Haverty Furniture to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
36.4
Highest Forecast
44.4
Target Price
40
At this time, Haverty Furniture's Pretax Profit Margin is comparatively stable compared to the past year. Operating Profit Margin is likely to gain to 0.08 in 2024, whereas Gross Profit is likely to drop slightly above 344.5 M in 2024. At this time, Haverty Furniture's Property Plant And Equipment Gross is comparatively stable compared to the past year. Short Term Debt is likely to gain to about 39.2 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 30.9 M in 2024.
  
It's important to approach Haverty Furniture's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Haverty Furniture Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Haverty target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Haverty Furniture's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   One  Strong Buy
Most Haverty analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Haverty stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Haverty Furniture, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Haverty Furniture Target Price Projection

Haverty Furniture's current and average target prices are 30.27 and 40.00, respectively. The current price of Haverty Furniture is the price at which Haverty Furniture Companies is currently trading. On the other hand, Haverty Furniture's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Haverty Furniture Market Quote on 18th of April 2024

Low Price30.25Odds
High Price30.97Odds

30.27

Target Price

Analyst Consensus On Haverty Furniture Target Price

Low Estimate36.4Odds
High Estimate44.4Odds

40.0

Historical Lowest Forecast  36.4 Target Price  40.0 Highest Forecast  44.4
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Haverty Furniture Companies and the information provided on this page.

Haverty Furniture Analyst Ratings

Haverty Furniture's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Haverty Furniture stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Haverty Furniture's financials, market performance, and future outlook by experienced professionals. Haverty Furniture's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Haverty Furniture price targets

Haverty Furniture's stock target price is an estimate of its future price, usually made by analysts. Using Haverty Furniture's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Haverty Furniture's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Haverty Furniture's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Haverty Furniture Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Haverty Furniture is a key component of Haverty Furniture valuation and have some predictive power on the future returns of a Haverty Furniture.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Haverty Furniture's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
28.0830.2732.46
Details
Intrinsic
Valuation
LowRealHigh
24.4926.6833.30
Details
Naive
Forecast
LowNextHigh
26.3728.5730.76
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.350.410.44
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Haverty Furniture. Your research has to be compared to or analyzed against Haverty Furniture's peers to derive any actionable benefits. When done correctly, Haverty Furniture's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Haverty Furniture.

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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 Macroaxis Advice on Haverty Furniture to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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The data published in Haverty Furniture's official financial statements usually reflect Haverty Furniture's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Haverty Furniture. For example, before you start analyzing numbers published by Haverty accountants, it's critical to develop an understanding of what Haverty Furniture's liquidity, profitability, and earnings quality are in the context of the Specialty Retail space in which it operates.
Please note, the presentation of Haverty Furniture's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Haverty Furniture's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Haverty Furniture's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Haverty Furniture Companies. Please utilize our Beneish M Score to check the likelihood of Haverty Furniture's management manipulating its earnings.