Haverty Furniture Companies (HVT) Earning Somewhat Favorable News Coverage, Study Finds

News coverage about Haverty Furniture Companies (NYSE:HVT) has been trending somewhat positive this week, Accern reports. Accern scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Haverty Furniture Companies earned a daily sentiment score of 0.15 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 47.0135369261412 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Here are some of the news articles that may have effected Accern Sentiment’s rankings:

Separately, Zacks Investment Research lowered shares of Haverty Furniture Companies from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th.

Haverty Furniture Companies (NYSE:HVT) traded down 1.26% during trading on Thursday, hitting $23.55. 70,707 shares of the stock traded hands. The firm’s 50-day moving average is $24.75 and its 200-day moving average is $24.18. The stock has a market cap of $499.68 million, a P/E ratio of 16.62 and a beta of 1.07. Haverty Furniture Companies has a 12 month low of $17.25 and a 12 month high of $27.23.

Haverty Furniture Companies (NYSE:HVT) last released its quarterly earnings results on Monday, July 31st. The company reported $0.29 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.10. Haverty Furniture Companies had a return on equity of 10.58% and a net margin of 3.67%. The business had revenue of $196.80 million during the quarter, compared to analysts’ expectations of $199.03 million. During the same quarter in the prior year, the business earned $0.24 earnings per share. The company’s quarterly revenue was up 1.0% compared to the same quarter last year. On average, analysts forecast that Haverty Furniture Companies will post $1.19 EPS for the current year.

In other news, insider Rawson Haverty, Jr. sold 1,391 shares of the company’s stock in a transaction that occurred on Tuesday, August 22nd. The stock was sold at an average price of $23.83, for a total transaction of $33,147.53. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 10.31% of the stock is owned by corporate insiders.

TRADEMARK VIOLATION NOTICE: This article was originally published by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this article on another domain, it was copied illegally and republished in violation of international trademark & copyright legislation. The original version of this article can be accessed at https://sportsperspectives.com/2017/10/12/haverty-furniture-companies-hvt-earning-somewhat-favorable-news-coverage-study-finds.html.

Haverty Furniture Companies Company Profile

Haverty Furniture Companies, Inc is a retailer of residential furniture and accessories. The Company sells home furnishings in its retail stores and through its Website, havertys.com. As of December 31, 2016, the Company had 124 stores in 16 states in the Southern and Midwest regions. As of December 31, 2016, the Company’s retail store space totaled approximately 4.5 million square feet for 124 stores.

Insider Buying and Selling by Quarter for Haverty Furniture Companies (NYSE:HVT)

Receive News & Ratings for Haverty Furniture Companies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Haverty Furniture Companies Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply