Zacks Investment Research downgraded Haverty Furniture Companies, Inc. (NYSE:HVT) to Hold in a report released today.
- Updated: October 9, 2016
Zacks Investment Research has downgraded Haverty Furniture Companies, Inc. (NYSE:HVT) to Hold in a report released on Wednesday October 05, 2016.
Previously on 8/16/2016, Zacks Investment Research reported about Haverty Furniture Companies, Inc. (NYSE:HVT) raised the target price from $0.00 to $23.00. At the time, this indicated a possible upside of 0.12%.
Yesterday Haverty Furniture Companies, Inc. (NYSE:HVT) traded -0.15% lower at $19.59. The company’s 50-day moving average is $19.95 and its 200-day moving average is $19.16. The last stock close price is up 3.15% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 55,320 shares of the stock were exchanged, down from an average trading volume of 90,366
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Haverty Furniture Companies, Inc. has a 52 week low of $16.65 and a 52 week high of $24.54 with a P/E ratio of 16.55 The company’s market cap is currently $0.
About Haverty Furniture Companies, Inc. (NYSE:HVT)
Haverty Furniture Companies, Inc. is a specialty retailer of residential furniture and accessories. The Company sells home furnishings in its retail stores and through its Website havertys.com. The Company has over 120 stores in approximately 20 states in the southern and Midwest regions with over 4.4 million square feet retail store space. It offers financing through an internal revolving charge credit plan as well as a third-party finance company. Its retail locations are operated using the Havertys name. It offers mattress product lines, such as Selay, Serta, Stearns and Foster, and Tempur-Pedic. The Company's customers are college educated women in middle to upper-middle income households.
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