Haverty Furniture Companies (NYSE:HVT – Get Free Report) was downgraded by equities researchers at StockNews.com from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday.
Haverty Furniture Companies Stock Down 0.5 %
NYSE:HVT opened at $23.74 on Friday. The stock has a market cap of $389.57 million, a P/E ratio of 10.23, a PEG ratio of 1.42 and a beta of 1.45. The business’s 50-day moving average price is $26.37 and its two-hundred day moving average price is $27.31. Haverty Furniture Companies has a twelve month low of $23.09 and a twelve month high of $37.05.
Haverty Furniture Companies (NYSE:HVT – Get Free Report) last posted its quarterly earnings data on Wednesday, July 31st. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.09. Haverty Furniture Companies had a net margin of 4.91% and a return on equity of 12.58%. The company had revenue of $178.60 million for the quarter, compared to analysts’ expectations of $182.37 million. On average, equities research analysts expect that Haverty Furniture Companies will post 1.45 EPS for the current fiscal year.
Institutional Investors Weigh In On Haverty Furniture Companies
About Haverty Furniture Companies
Haverty Furniture Companies, Inc operates as a specialty retailer of residential furniture and accessories in the United States. The company offers furniture merchandise under the Havertys brand name. It also provides custom upholstery products and eclectic looks; and mattress product lines under the Tempur-Pedic, Serta, Sealy, and Stearns and Foster names.
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