Can Haverty Furniture Cos., Inc’s (HVT) hike of 4.12% in a week be considered a lucky break?

Haverty Furniture Cos., Inc (NYSE: HVT) on Tuesday, soared 9.06% from the previous trading day, before settling in for the closing price of $21.09. Within the past 52 weeks, HVT’s price has moved between $21.04 and $34.98.

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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales slided by -0.36%. The company achieved an average annual earnings per share of 25.93%. With a float of $13.36 million, this company’s outstanding shares have now reached $16.41 million.

The extent of productivity of a business whose workforce counts for 2574 workers is very important to gauge. In terms of profitability, gross margin is 60.74%, operating margin of 2.06%, and the pretax margin is 3.62%.

Haverty Furniture Cos., Inc (HVT) Insider and Institutional Ownership

Observing investor behavior towards Home Improvement Retail industry stocks is more important than anything else. The insider ownership of Haverty Furniture Cos., Inc is 18.58%, while institutional ownership is 79.91%. The most recent insider transaction that took place on Feb 29 ’24, was worth 223,256. In this transaction President of this company sold 6,500 shares at a rate of $34.35, taking the stock ownership to the 16,663 shares.

Haverty Furniture Cos., Inc (HVT) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.68 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 25.93% per share during the next fiscal year.

Haverty Furniture Cos., Inc (NYSE: HVT) Trading Performance Indicators

Haverty Furniture Cos., Inc (HVT) is currently performing well based on its current performance indicators. A quick ratio of 1.18 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.52. Likewise, its price to free cash flow for the trailing twelve months is 14.09.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.19, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 2.60 in one year’s time.

Technical Analysis of Haverty Furniture Cos., Inc (HVT)

The latest stats from [Haverty Furniture Cos., Inc, HVT] show that its last 5-days average volume of 0.23 million was superior to 0.12 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 23.35%. Additionally, its Average True Range was 0.79.

During the past 100 days, Haverty Furniture Cos., Inc’s (HVT) raw stochastic average was set at 30.48%, which indicates a significant decrease from 63.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.20% in the past 14 days, which was higher than the 34.33% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $22.22, while its 200-day Moving Average is $25.07. Now, the first resistance to watch is $24.20. This is followed by the second major resistance level at $25.40. The third major resistance level sits at $26.65. If the price goes on to break the first support level at $21.75, it is likely to go to the next support level at $20.50. The third support level lies at $19.30 if the price breaches the second support level.

Haverty Furniture Cos., Inc (NYSE: HVT) Key Stats

Market capitalization of the company is 378.02 million based on 16,408K outstanding shares. Right now, sales total 862,130 K and income totals 56,320 K. The company made 175,910 K in profit during its latest quarter, and 4,930 K in sales during its previous quarter.