Haverty Furniture Cos. Director Unloads $132,620 in Stock (HVT)
Haverty Furniture Cos. (NYSE:HVT) Director Alfredo Trujillo sold 5,584 shares of the stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $23.75, for a total transaction of $132,620.00. Following the completion of the sale, the director now directly owns 12,972 shares in the company. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of analysts have recently weighed in on HVT shares. Analysts at Sidoti upgraded shares of Haverty Furniture Cos. (NYSE:HVT) from a “neutral” rating to a “buy” rating in a research note to investors on Thursday, September 12th. Separately, analysts at Thomson Reuters/Verus downgraded shares of Haverty Furniture Cos. (NYSE:HVT) from a “buy” rating to a “hold” rating in a research note to investors on Monday, August 26th. Finally, analysts at Raymond James raised their price target on shares of Haverty Furniture Cos. (NYSE:HVT) from $27.00 to $29.00 in a research note to investors on Friday, August 2nd.
One research analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $29.20.
Shares of Haverty Furniture Cos. (NYSE:HVT) traded up 1.35% on Thursday, hitting $24.10. 101,525 shares of the company’s stock traded hands. Haverty Furniture Cos. has a 1-year low of $13.33 and a 1-year high of $27.85. The stock’s 50-day moving average is $24.98 and its 200-day moving average is $23.65. The company has a market cap of $542.2 million and a P/E ratio of 23.09.
Haverty Furniture Cos. (NYSE:HVT) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $0.20 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.16 by $0.04. The company had revenue of $171.10 million for the quarter, compared to the consensus estimate of $172.45 million. Haverty Furniture Cos.’s revenue was up 12.9% compared to the same quarter last year. Analysts expect that Haverty Furniture Cos. will post $1.24 EPS for the current fiscal year.
Haverty Furniture Companies, Inc (NYSE:HVT) is a specialty retailer of residential furniture and accessories.
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