What Next for Haverty Furniture Companies, Inc. (HVT) Stock After Today’s Significant Increase?

September 17, 2017 - By Marguerite Chambers

Investors sentiment increased to 1.97 in Q4 2016. Its up 0.57, from 1.4 in 2016Q3. It increased, as 8 investors sold Haverty Furniture Companies, Inc. shares while 29 reduced holdings. 21 funds opened positions while 52 raised stakes. 16.36 million shares or 1.44% more from 16.13 million shares in 2016Q3 were reported.
New York-based Tiaa Cref Inv Ltd Liability Company has invested 0% in Haverty Furniture Companies, Inc. (NYSE:HVT). Voya Inv Management Limited Liability Corp reported 25,842 shares. 300 are held by Creative Planning. Martingale Asset Ltd Partnership stated it has 39,405 shares. Prudential Inc owns 49,217 shares. Public Sector Pension Invest Board has 0% invested in Haverty Furniture Companies, Inc. (NYSE:HVT). Bowling Mgmt Lc reported 26,366 shares. Credit Suisse Ag invested 0% of its portfolio in Haverty Furniture Companies, Inc. (NYSE:HVT). State Bank Of Montreal Can holds 0% or 8,490 shares in its portfolio. Meeder Asset Management Inc invested in 912 shares or 0% of the stock. Wedge Cap Mgmt L Limited Partnership Nc holds 0.01% or 24,750 shares. Allianz Asset Mgmt Ag holds 18,311 shares. Bnp Paribas Arbitrage Sa reported 0% of its portfolio in Haverty Furniture Companies, Inc. (NYSE:HVT). Sei Invs Communication has 0.01% invested in Haverty Furniture Companies, Inc. (NYSE:HVT) for 102,380 shares. Cutter & Co Brokerage Inc reported 0.14% stake.

Since May 8, 2017, it had 0 buys, and 4 sales for $297,861 activity. HAVERTY RAWSON JR sold $88,872 worth of stock. Shares for $112,800 were sold by BURDETTE STEVEN G on Wednesday, May 24.

The stock of Haverty Furniture Companies, Inc. (NYSE:HVT) is a huge mover today! The stock increased 3.63% or $0.9 on September 15, reaching $25.7. About 170,510 shares traded or 89.35% up from the average. Haverty Furniture Companies, Inc. (NYSE:HVT) has risen 34.67% since September 17, 2016 and is uptrending. It has outperformed by 17.97% the S&P500.
The move comes after 7 months positive chart setup for the $543.88M company. It was reported on Sep, 17 by Barchart.com. We have $27.76 PT which if reached, will make NYSE:HVT worth $43.51 million more.

Investors wait Haverty Furniture Companies, Inc. (NYSE:HVT) to report on October, 30. its quarterly earnings Wall Street analysts expect $0.31 EPS, down $0.03 or 8.82 % from last year’s $0.34 same quarter earnings. This translates into $6.56M profit for HVT giving the stock a 20.73 P/E. This is assuming the current $0.31 EPS is accurate. Haverty Furniture Companies, Inc.’s Wall Street analysts see 6.90 % EPS growth, taking into account the $0.29 EPS reproted in the previous quarter,

Haverty Furniture Companies, Inc. (NYSE:HVT) Ratings Coverage

Among 2 analysts covering Haverty Furniture (NYSE:HVT), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Haverty Furniture had 4 analyst reports since January 27, 2016 according to SRatingsIntel. The stock of Haverty Furniture Companies, Inc. (NYSE:HVT) earned “Mkt Perform” rating by Raymond James on Monday, October 10. The company was upgraded on Tuesday, August 2 by Raymond James. The rating was maintained by KeyBanc Capital Markets with “Hold” on Tuesday, September 12. The firm has “Sector Weight” rating by KeyBanc Capital Markets given on Wednesday, January 27.

More notable recent Haverty Furniture Companies, Inc. (NYSE:HVT) news were published by: Nasdaq.com which released: “Could Haverty Furniture Companies (HVT) Stock Impress Value Investors?” on September 13, 2017, also Globenewswire.com with their article: “Havertys to Name Richard B. Hare as Executive Vice President and Chief …” published on April 19, 2017, Seekingalpha.com published: “Havertys updates on Q2 sales” on June 20, 2017. More interesting news about Haverty Furniture Companies, Inc. (NYSE:HVT) were released by: Globenewswire.com and their article: “Havertys Reports Sales for Second Quarter” published on July 07, 2017 as well as Nasdaq.com‘s news article titled: “Haverty Furniture Companies (HVT) Catches Eye: Stock Up 5%” with publication date: August 08, 2017.

Haverty Furniture Companies, Inc. is a retailer of residential furniture and accessories. The company has market cap of $543.88 million. The Firm sells home furnishings in its retail stores and through its Website, havertys.com. It has a 19.12 P/E ratio. As of December 31, 2016, the Company had 124 stores in 16 states in the Southern and Midwest regions.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.