Haverty Furniture Companies Stock Buy Hold or Sell Recommendation

HVT Stock  USD 34.12  1.06  3.21%   
Considering the 90-day investment horizon and your slightly conservative level of risk, our recommendation regarding Haverty Furniture Companies is 'Sell'. Macroaxis provides Haverty Furniture buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HVT positions. The advice algorithm takes into account all of Haverty Furniture's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Haverty Furniture's buy or sell advice are summarized below:
Real Value
36.05
Target Price
40
Hype Value
34.1
Market Value
34.12
Naive Value
31.44
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Haverty Furniture Companies given historical horizon and risk tolerance towards Haverty Furniture. When Macroaxis issues a 'buy' or 'sell' recommendation for Haverty Furniture Companies, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Haverty Furniture Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as Haverty and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Haverty Furniture Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

Execute Haverty Furniture Buy or Sell Advice

The Haverty recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Haverty Furniture Companies. Macroaxis does not own or have any residual interests in Haverty Furniture Companies or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Haverty Furniture's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Haverty FurnitureBuy Haverty Furniture
Sell

Market Performance

WeakDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

Very SmallDetails

Economic Sensitivity

Responds to the marketDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Haverty Furniture Companies has a Mean Deviation of 1.72, Standard Deviation of 2.15 and Variance of 4.63
Our investment recommendation module can be used to complement Haverty Furniture Companies trade recommendations provided by average analyst sentiment. It analyzes the entity's potential to grow using fundamental, technical, data market data available at the time. To make sure Haverty Furniture Companies is not overpriced, please check out all Haverty Furniture fundamentals, including its ebitda, target price, net asset, as well as the relationship between the current ratio and working capital . Given that Haverty Furniture has a price to book of 1.73 X, we strongly advise you to confirm Haverty Furniture market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your regular risk tolerance and investing horizon.

Haverty Furniture Trading Alerts and Improvement Suggestions

Haverty Furniture generated a negative expected return over the last 90 days
Haverty Furniture is unlikely to experience financial distress in the next 2 years
Over 91.0% of the company shares are owned by institutional investors
On 26th of March 2024 Haverty Furniture paid $ 0.3 per share dividend to its current shareholders
Latest headline from news.google.com: Haverty Furniture Companies, Inc. Shares Bought by American Century Companies Inc. - Defense World

Haverty Furniture Returns Distribution Density

The distribution of Haverty Furniture's historical returns is an attempt to chart the uncertainty of Haverty Furniture's future price movements. The chart of the probability distribution of Haverty Furniture daily returns describes the distribution of returns around its average expected value. We use Haverty Furniture Companies price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Haverty Furniture returns is essential to provide solid investment advice for Haverty Furniture.
Mean Return
-0.01
Value At Risk
-3.59
Potential Upside
3.21
Standard Deviation
2.15
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Haverty Furniture historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Haverty Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Haverty Furniture is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Haverty Furniture Companies backward and forwards among themselves. Haverty Furniture's institutional investor refers to the entity that pools money to purchase Haverty Furniture's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Arrowstreet Capital Limited Partnership2023-12-31
281.1 K
Hotchkis & Wiley Capital Management Llc2023-12-31
272.7 K
Goldman Sachs Group Inc0063-12-31
261.4 K
Cambria Investment Management, L.p.2023-12-31
256.9 K
Bank Of New York Mellon Corp2023-12-31
244.3 K
American Century Companies Inc2023-12-31
233.1 K
Ameriprise Financial Inc2023-12-31
179.4 K
Citadel Advisors Llc2023-09-30
177.8 K
Bridgeway Capital Management, Llc2023-12-31
148.9 K
Blackrock Inc2023-12-31
2.4 M
Dimensional Fund Advisors, Inc.2023-12-31
1.3 M
Note, although Haverty Furniture's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Haverty Furniture Cash Flow Accounts

201920202021202220232024 (projected)
Change To Inventory1.0M14.9M(22.1M)(6.3M)24.4M25.6M
Change In Cash2.6M124.4M(33.9M)(42.9M)(2.2M)(2.0M)
Free Cash Flow46.6M119.3M63.2M22.6M44.1M46.3M
Depreciation20.6M18.2M16.3M16.9M18.6M18.9M
Other Non Cash Items3.1M(34.2M)792K1.1M1.2M1.3M
Dividends Paid15.1M50.5M52.4M33.9M(35.2M)(33.5M)
Capital Expenditures16.8M10.9M34.1M28.4M53.1M55.8M
Net Income21.9M59.1M90.8M89.4M56.3M59.1M
End Period Cash Flow82.4M206.8M172.9M129.9M127.8M134.2M
Change To Netincome3.9M(32.2M)9.2M8.9M8.0M8.4M
Investments(14.6M)65.4M(34.0M)(28.3M)(52.7M)(50.0M)

Haverty Furniture Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Haverty Furniture or Specialty Retail sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Haverty Furniture's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Haverty stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.23
β
Beta against NYSE Composite1.65
σ
Overall volatility
2.21
Ir
Information ratio -0.07

Haverty Furniture Volatility Alert

Haverty Furniture Companies exhibits very low volatility with skewness of -0.61 and kurtosis of 0.25. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Haverty Furniture's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Haverty Furniture's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Haverty Furniture Fundamentals Vs Peers

Comparing Haverty Furniture's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Haverty Furniture's direct or indirect competition across all of the common fundamentals between Haverty Furniture and the related equities. This way, we can detect undervalued stocks with similar characteristics as Haverty Furniture or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Haverty Furniture's fundamental indicators could also be used in its relative valuation, which is a method of valuing Haverty Furniture by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Haverty Furniture to competition
FundamentalsHaverty FurniturePeer Average
Return On Equity0.19-0.31
Return On Asset0.0645-0.14
Profit Margin0.07 %(1.27) %
Operating Margin0.08 %(5.51) %
Current Valuation630.11 M16.62 B
Shares Outstanding14.86 M571.82 M
Shares Owned By Insiders10.32 %10.09 %
Shares Owned By Institutions90.58 %39.21 %
Number Of Shares Shorted1.15 M4.71 M
Price To Earning7.51 X28.72 X
Price To Book1.73 X9.51 X
Price To Sales0.63 X11.42 X
Revenue862.13 M9.43 B
Gross Profit604.23 M27.38 B
EBITDA85.88 M3.9 B
Net Income56.32 M570.98 M
Cash And Equivalents123.13 M2.7 B
Cash Per Share8.78 X5.01 X
Total Debt217.75 M5.32 B
Debt To Equity0.87 %48.70 %
Current Ratio1.48 X2.16 X
Book Value Per Share19.10 X1.93 K
Cash Flow From Operations97.2 M971.22 M
Short Ratio7.84 X4.00 X
Earnings Per Share3.36 X3.12 X
Price To Earnings To Growth0.97 X4.89 X
Target Price40.67
Number Of Employees2.57 K18.84 K
Beta1.46-0.15
Market Capitalization540.9 M19.03 B
Total Asset715.34 M29.47 B
Retained Earnings419.47 M9.33 B
Working Capital113.33 M1.48 B
Note: Acquisition by Kelly Fladger of 2606 shares of Haverty Furniture subject to Rule 16b-3 [view details]

Haverty Furniture Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Haverty . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Haverty Furniture Buy or Sell Advice

When is the right time to buy or sell Haverty Furniture Companies? Buying financial instruments such as Haverty Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total230.4M221.3M217.8M113.3M
Total Assets686.3M649.0M715.3M437.2M

Use Investing Ideas to Build Portfolios

In addition to having Haverty Furniture in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Chemicals
Chemicals Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Chemicals theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Chemicals Theme or any other thematic opportunities.
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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 Haverty Furniture Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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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.