AI Spotlight on HVT
Company Description
Haverty Furniture Companies, Inc.operates as a specialty retailer of residential furniture and accessories in the United States.The company offers furniture merchandise under the Havertys brand name.
It also provides custom upholstery products and eclectic looks; and mattress product lines under the Sealy, Stearns and Foster, Tempur-Pedic, and Serta names, as well as private label Skye name.The company sells home furnishings through its retail stores, as well as through its Website.As of December 31, 2021, it operated 121 showrooms in 16 states in the Southern and Midwestern regions.
Haverty Furniture Companies, Inc.was founded in 1885 and is headquartered in Atlanta, Georgia.
Market Data
Last Price | 23.56 |
Change Percentage | 3.06% |
Open | 23.15 |
Previous Close | 22.86 |
Market Cap ( Millions) | 386 |
Volume | 129187 |
Year High | 37.05 |
Year Low | 21.05 |
M A 50 | 22.7 |
M A 200 | 25.85 |
Financial Ratios
FCF Yield | 7.47% |
Dividend Yield | 5.35% |
ROE | 8.70% |
Debt / Equity | 72.19% |
Net Debt / EBIDTA | 187.31% |
Price To Book | 1.25 |
Price Earnings Ratio | 14.39 |
Price To FCF | 13.4 |
Price To sales | 0.52 |
EV / EBITDA | 9.51 |
News
- Jan -08 - Havertys Announces Participation in ICR Conference
- Dec -23 - Analysts' Top 3 Retail Picks Gearing Up for a Strong 2025
- Nov -14 - Bear of the Day: HAVERTYS (HVT)
- Nov -12 - Havertys Announces CEO Leadership Transition
- Nov -08 - Havertys Announces Fourth Quarter Cash Dividend
- Oct -31 - Haverty Furniture Companies, Inc. (HVT) Q3 2024 Earnings Call Transcript
- Oct -30 - Haverty Furniture (HVT) Lags Q3 Earnings and Revenue Estimates
- Oct -30 - Havertys Reports Operating Results for Third Quarter 2024
- Oct -23 - Havertys To Host Third Quarter 2024 Earnings Conference Call on October 31, 2024
- Sep -16 - Haverty: The Status-Quo Isn't Ideal, But Things May Turn For The Better (Rating Upgrade)
- Sep -06 - Palantir Technologies, Dell Technologies, and Erie Indemnity Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
- Aug -09 - Havertys Announces Third Quarter Cash Dividend
- Aug -03 - Haverty Furniture Companies, Inc. (HVT) Q2 2024 Earnings Call Transcript
- Jul -31 - Haverty Furniture (HVT) Tops Q2 Earnings Estimates
- Jul -31 - Havertys Reports Operating Results for Second Quarter 2024
- Jun -24 - 7 Retail Stocks to Buy on the Dip: June 2024
- Jun -07 - Bear of the Day: Havertys (HVT)
- May -26 - Most Stock Screens Miss These High-Yield Dividends (Up To 16.%)
- May -23 - Haverty Furniture Companies: A Perfect Fit For Conservative Dividend Investors
- May -17 - Havertys Announces New Head of Information Technology
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Upholstery
Expected Growth : 1.8 %
What the company do ?
Haverty Furniture Companies, Inc.'s Upholstery segment offers custom-made upholstered furniture, including sofas, loveseats, chairs, and ottomans, with a wide range of fabrics and styles.
Why we expect these perspectives ?
Haverty Furniture's upholstery segment growth of 1.8% is driven by increasing demand for home furnishings, rising consumer spending, and the company's strategic focus on product innovation, quality, and customer service. Additionally, the company's efforts to enhance the in-store experience and expand its e-commerce platform have contributed to the growth.
Segment nΒ°2 -> Case Goods - Bedroom Furniture
Expected Growth : 1.9 %
What the company do ?
Case Goods - Bedroom Furniture from Haverty Furniture Companies, Inc. offers stylish, high-quality bedroom furniture pieces, including beds, dressers, and nightstands.
Why we expect these perspectives ?
Haverty's Case Goods - Bedroom Furniture segment growth of 1.9% is driven by increasing demand for affordable, quality furniture, particularly among millennials and Gen Z consumers. Additionally, the company's focus on e-commerce expansion, strategic pricing, and effective inventory management contribute to the segment's growth.
Segment nΒ°3 -> Accessories and Other
Expected Growth : 1.7 %
What the company do ?
Accessories and Other from Haverty Furniture Companies, Inc. includes items like lamps, rugs, and decorative pieces that complement their furniture offerings.
Why we expect these perspectives ?
The 1.7% growth in Accessories and Other segment of Haverty Furniture Companies, Inc. is driven by increasing demand for home decor and furniture accessories, expansion of online channels, and strategic partnerships with suppliers. Additionally, the company's focus on enhancing customer experience and investing in digital marketing initiatives have contributed to the growth.
Segment nΒ°4 -> Case Goods - Dining Room Furniture
Expected Growth : 1.8 %
What the company do ?
Case Goods - Dining Room Furniture from Haverty Furniture Companies, Inc. offers stylish, high-quality dining room furniture, including tables, chairs, and cabinets.
Why we expect these perspectives ?
Haverty's Case Goods - Dining Room Furniture segment growth of 1.8% is driven by increasing consumer spending on home furnishings, rising demand for quality dining room furniture, and the company's strategic focus on product innovation and customer experience. Additionally, the segment benefits from Haverty's strong brand reputation and expanding e-commerce platform.
Segment nΒ°5 -> Mattresses
Expected Growth : 2.1 %
What the company do ?
Haverty Furniture Companies, Inc. offers a wide range of high-quality mattresses from top brands, providing comfort and support for a restful night's sleep.
Why we expect these perspectives ?
Haverty Furniture Companies, Inc.'s 2.1% growth in mattresses is driven by increasing consumer spending on home furnishings, rising demand for online shopping, and the company's strategic expansion into new markets. Additionally, the company's focus on premium and luxury mattress brands, such as Tempur-Pedic and Serta, contributes to its growth.
Segment nΒ°6 -> Case Goods - Occasional
Expected Growth : 1.9 %
What the company do ?
Case Goods - Occasional from Haverty Furniture Companies, Inc. refers to a category of furniture pieces, such as coffee tables, end tables, and consoles, designed to complement and enhance a room's dΓ©cor.
Why we expect these perspectives ?
Haverty's Case Goods - Occasional segment growth of 1.9% is driven by increasing consumer spending on home furnishings, particularly among millennials and Gen Z, who prioritize unique, high-quality pieces. Additionally, the company's focus on e-commerce expansion, in-store experience enhancements, and targeted marketing efforts contribute to the segment's growth.
Haverty Furniture Companies, Inc. Products
Product Range | What is it ? |
---|---|
Living Room Furniture | Haverty Furniture Companies, Inc. offers a wide range of stylish and comfortable living room furniture, including sofas, loveseats, sectionals, chairs, ottomans, and coffee tables. |
Dining Room Furniture | Haverty's dining room furniture collection includes beautifully crafted dining tables, chairs, buffets, and hutches to create a warm and inviting dining space. |
Bedroom Furniture | Haverty offers a wide selection of bedroom furniture, including beds, dressers, nightstands, and mirrors, to create a relaxing and comfortable retreat. |
Mattresses | Haverty carries a variety of high-quality mattresses from top brands, offering comfort, support, and a restful night's sleep. |
Home Office Furniture | Haverty's home office furniture collection includes desks, chairs, bookshelves, and filing cabinets, designed to create a productive and organized workspace. |
Accent Furniture | Haverty offers a wide range of accent furniture, including rugs, lamps, and decorative accessories, to add a personal touch to any room. |
Haverty Furniture Companies, Inc.'s Porter Forces
Threat Of Substitutes
Haverty Furniture Companies, Inc. faces moderate threat from substitutes due to the availability of alternative furniture options from online retailers and local competitors.
Bargaining Power Of Customers
Haverty Furniture Companies, Inc. has a high bargaining power of customers due to the presence of many competitors in the market, allowing customers to negotiate prices and terms.
Bargaining Power Of Suppliers
Haverty Furniture Companies, Inc. has a low bargaining power of suppliers due to its large scale of operations and ability to negotiate better prices with suppliers.
Threat Of New Entrants
Haverty Furniture Companies, Inc. faces a low threat of new entrants due to the high barriers to entry in the furniture retail industry, including high capital requirements and established brand recognition.
Intensity Of Rivalry
Haverty Furniture Companies, Inc. operates in a highly competitive industry with many established players, leading to a high intensity of rivalry among competitors.
Capital Structure
Value | |
---|---|
Debt Weight | 41.39% |
Debt Cost | 3.95% |
Equity Weight | 58.61% |
Equity Cost | 11.25% |
WACC | 8.23% |
Leverage | 70.62% |
Haverty Furniture Companies, Inc. : Quality Control
Haverty Furniture Companies, Inc. passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
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ETD | Ethan Allen Interiors Inc. operates as an interior design company, and manufacturer and retailer of home furnishings in the United States, Mexico, Honduras, and Canada. The company operates in two β¦ |
BKE | The Buckle, Inc. operates as a retailer of casual apparel, footwear, and accessories for young men and women in the United States. It markets a selection of brand name casual β¦ |
LIVE | Live Ventures Incorporated, together with its subsidiaries, engages in the flooring and steel manufacturing, and retail businesses in the United States. The company's Flooring Manufacturing segment manufactures and sells carpets β¦ |