Buy, Sell or Hold: Haverty Furniture Companies, Inc. (HVT-N)

NYSE:HVT

29.44

0.47 (1.57%) 1d

Showing 1 to 4 of 4 entries

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TOP PICK

Stockchase Research Editor: Michael O'Reilly HVT manufactures residential furniture and mattress products under the Sealy, Serty and Beautyrest brand names and is reiterated as a TOP PICK. It trades at 7x earnings compared to peers at 27x and is valued at just over 2x book value. It has paid a dividend every year since 1935. The yield is attractive and backed by a payout ratio under 25% of cash flow. The company continues to buy back shares, while still increasing cash reserves. We recommend trailing up the stop (from $23 stop) to $27, looking to achieve $43 -- upside of over 22%. Yield 2.93% (Analysts’ price target is $64.00)

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PAST TOP PICK

(A Top Pick Feb 23/21, Up 32.6%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with HVT is progressing well. We are recommending to trail up the stop to $34. This would all but ensure a minimum investment return exceeding 30%, including the recommendation to cover 50% previously.

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PAST TOP PICK

(A Top Pick Dec 15/20, Up 34%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with HVT has achieved its $36 objective. To be disciplined, we recommend covering 50% of the position and trailing up the stop to $29. This would all but guarantee a minimum investment return of 20%.

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TOP PICK

Stockchase Research Editor: Michael O'Reilly HVT manufactures residential furniture and mattress products under the Sealy, Serty and Beautyrest brand names. The pandemic has slowed sales, but has seen earnings grow over 200% in the past quarter. The company recently provided guidance for Q4 that exceeds analyst expectations. The dividend is decent and is backed by a payout ratio of only 35% of cash flow. We would trade this with a $23 stop-loss, looking to achieve $36 -- upside of over 33%. Yield 3.41% (Analysts’ price target is $36.00)

Consumer Products

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Haverty Furniture Companies, Inc.(HVT-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for Haverty Furniture Companies, Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Haverty Furniture Companies, Inc.(HVT-N) Frequently Asked Questions

What is Haverty Furniture Companies, Inc. stock symbol?

Haverty Furniture Companies, Inc. is a American stock, trading under the symbol HVT-N on the New York Stock Exchange (HVT). It is usually referred to as NYSE:HVT or HVT-N

Is Haverty Furniture Companies, Inc. a buy or a sell?

In the last year, 2 stock analysts published opinions about HVT-N. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Haverty Furniture Companies, Inc..

Is Haverty Furniture Companies, Inc. a good investment or a top pick?

Haverty Furniture Companies, Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Haverty Furniture Companies, Inc..

Why is Haverty Furniture Companies, Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Haverty Furniture Companies, Inc. worth watching?

2 stock analysts on Stockchase covered Haverty Furniture Companies, Inc. In the last year. It is a trending stock that is worth watching.

What is Haverty Furniture Companies, Inc. stock price?

On 2021-12-01, Haverty Furniture Companies, Inc. (HVT-N) stock closed at a price of $29.44.

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