Home Sectors Consumer Cyclical Present Technicals: Haverty Furniture Companies (NYSE: HVT)

Present Technicals: Haverty Furniture Companies (NYSE: HVT)

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Haverty Furniture Companies trades as part of the consumer cyclical sector and is in the retail apparel and specialty industry. The company CEO is Clarence H. Smith. Haverty Furniture Companies Inc is a retailer of residential furniture and accessories. It sells home furnishings in its retail stores and via its website and offers mattresses products such as Sealy, Serta, Stearns and Foster, and Tempur-Pedic.

Previous Intraday Trading Performance:

The HVT stock showed a previous change of 0.34% with an open at 23.52 and a close of 23.77. It reached an intraday high of 23.98 and a low of 23.45.

SeekingAlpha:  Retail sales winners and losers

Liquidity:

The stock has a market cap of $489.0m with 20.6m shares outstanding, of which the float is 19.2m shares. Trading volume reached 102,221 shares compared to its average volume of 120,118 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Haverty Furniture Companies shares returned -1.25% and in the past 30 trading days it returned 18.67%. Over three months, it changed 24.47%. In one year it has changed 26.71% and within that year its 52-week high was 24.88 and its 52-week low was 17.70. HVT stock is 34.29% above its 52 Week Low.

Our calculations show a 200 day moving average of 20.22 and a 50 day moving average of 21.15. Currently HVT stock is trading 17.55% above its 200 day moving average.

SeekingAlpha:  Retail sales winners and losers

Earnings:

The last annual fiscal EPS for the company was reported at 1.41 that ended on 31st of December 2018, which according to the previous close, that is a PE of 16.86. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.36. The TTM EPS is 1.41, which comes to a TTM PE of 16.86. Historically, the PE high was 70.30 and the PE low was 13.50. If the stock reached its PE low, that would represent a price of 19.03, which is a decrease of -19.93%.

The following are the last four quarter reported earnings per share:
12-31-2018:  0.45
09-30-2018:  0.38
06-30-2018:  0.29
03-31-2018:  0.29

The dividend per share is currently 0.72, which is a dividend yield of 3.03%. Also, the payout ratio is 51.06%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 35.19, which means it is possibly undervalued and has a margin of safety of 32.44%

Indicators to Watch:

Based on the latest filings, there is 122.20% of institutional ownership. Short-interest is 1,775,340, which is 8.63% of shares outstanding. The short-interest ratio or days-to-cover ratio is 16.42. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 0.81

SeekingAlpha:  Griffon beats by $0.14, misses on revenue

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 10.02%, return on assets is 6.32%, profit margin is 3.75%, price-to-sales is 0.60 and price-to-book is 1.77.

Company Scores:

All scores are out of six:
 2  :Valuation Score
 4  :Past Performance Score
 5  :Financial Strength Score
 1  :Future Growth Score
 2  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.