Stock Rating Downgrade
Of late the Value Trend Rating for Haverty Furniture Cos Inc (NYSE: HVT) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Haverty Furniture Cos Inc (NYSE: HVT) stock closed at $22.83 on 2/28/25 after a modest gain of 0.4%. Moreover, this advance was accompanied by exceptionally high trading volume at 467% of normal. The stock has risen 5.5% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Haverty Furniture has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Haverty Furniture has a neutral Appreciation Score of 45 but a poor Power Rating of 20, producing the Negative Value Trend Rating.
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