Haverty Furniture Stock Target Price and Analyst Consensus

HVT Stock  USD 30.41  0.14  0.46%   
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.
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
28.1730.3232.47
Details
Intrinsic
Valuation
LowRealHigh
27.3735.9138.06
Details
Naive
Forecast
LowNextHigh
26.6628.8030.95
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.

Trending Themes

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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 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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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.