Bull
$24.22
Scenario price
$28.100
-0.110 (-0.39%)At close
Haverty Furniture Companies, Inc. is a specialty retailer of residential furniture and accessories. The Company operates approximately 129 stores in 17 states in the Southern and Midwest regions of the United States. The Company buys its merchandise from numerous foreign and domestic manufacturers and importers. It carries various mattress product lines, such as Tempur-Pedic, Serta, Stearns and Foster, Beautyrest, and Sealy. Its distribution and delivery system uses a combination of three distribution centers (DCs) and four home delivery centers (HDCs). It uses third parties to handle over-the-road delivery of product from the DCs to the HDCs and market areas.
Haverty Furniture Companies Inc is a good buy right now due to its strong recent earnings performance and favorable technical indicators. The current price is $28.1, and the company reported a Q2 EPS of $0.32, which is a significant increase from last year's $0.16. Additionally, the forward P/E ratio is notably low at 9.1075, suggesting the stock is undervalued relative to its earnings potential. The main risk is the analyst downgrade from Telsey Advisory, which lowered the price target to $26, indicating potential downside from the current price.
Telsey Advisory
$26
2026-05-06
Telsey Advisory
2026-05-06
Price Target
$26
Benchmark
$45
2024-05-02
Benchmark
2024-05-02
Price Target
$45
Benchmark
$41
2023-08-02
Benchmark
2023-08-02
Price Target
$41
Benchmark
$41
2023-07-11
Benchmark
2023-07-11
Price Target
$41
Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

Haverty Furniture to Participate in Small-Cap Conference

Haverty Furniture to Participate in Small-Cap Conference

Haverty Furniture Declares Cash Dividend and Stock Buyback Authorization

Haverty Furniture Announces Cash Dividend and Stock Buyback Program

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Haverty Furniture Companies, Inc. is a specialty retailer of residential furniture and accessories. The Company operates approximately 129 stores in 17 states in the Southern and Midwest regions of the United States. The Company buys its merchandise from numerous foreign and domestic manufacturers and importers. It carries various mattress product lines, such as Tempur-Pedic, Serta, Stearns and Foster, Beautyrest, and Sealy. Its distribution and delivery system uses a combination of three distribution centers (DCs) and four home delivery centers (HDCs). It uses third parties to handle over-the-road delivery of product from the DCs to the HDCs and market areas. It operates in the Consumer Cyclicals sector (RETAIL-FURNITURE STORES industry).
Haverty Furniture Companies Inc is a good buy right now due to its strong recent earnings performance and favorable technical indicators. The current price is $28.1, and the company reported a Q2 EPS of $0.32, which is a significant increase from last year's $0.16. Additionally, the forward P/E ratio is notably low at 9.1075, suggesting the stock is undervalued relative to its earnings potential. The main risk is the analyst downgrade from Telsey Advisory, which lowered the price target to $26, indicating potential downside from the current price.
3 analysts cover HVT: 0 rate it Buy, 3 Hold and 0 Sell.
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