Meaningful negative changes in Haverty Furniture Cos Inc (NYSE: HVT) fundamentals have recently occurred: significant quarterly sales deceleration occurred, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
Haverty Furniture Cos Inc (NYSE: HVT). Important negative changes in investment behavior have recently occurred: negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, HVT is expected to continue to be a major Value Builder.
Haverty Furniture has a current Value Trend Rating of C (Low Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Haverty Furniture has a poor Appreciation Score of 29 but a slightly positive Power Rating of 61, with the Low Neutral Value Trend Rating the result.
Recent Price Action
Haverty Furniture Cos Inc (NYSE: HVT) stock closed at $32.31 on 3/12/24 after a slight decline of -0.09%. This decline was accompanied by normal trading volume. The stock has declined -5.3% during the last week but has been strong relative to the market over the last nine months.
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